A startup R&D company working on a new invention a non-invasive glucose monitoring device Pindi was seeking venture capital last summer."We still have not found the right one," says Scott Armstrong, Pindi chairman.
He and the Reno-based company's inventors want capital but are not ready to give away the store to get it.
They're having meetings, though.
One medical imaging company is doing due diligence on the invention now, says Armstrong.
The device, he adds, can be adapted to non-medical use and can be an identity tool.An access control company working Homeland Security is looking into a licensing agreement with Pindi, he says.
But the original force behind the device - glucose monitoring - is the group's first desire.
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