Wednesday, June 30, 2010

“Stock Pick” Update

BioDrain Medical, Inc. (BB: BIOR)

News Released Yesterday

BioDrain Medical Announces Eligibility for Electronic Stock Trading

President & CEO Kevin Davidson of BioDrain Medical, Inc. Conducts Exclusive Webcast Interview with The Green Baron Report

After the close of trading on Monday, June 28, The Green Baron Report released its 89th “Stock Pick” BioDrain Medical (BB: BIOR) at .20 per share.  Despite a vicious sell off in the general market yesterday, BIOR still managed to trade as high as .235 per share and close higher on the day.  We are used to much higher gains on the first day of trading following one of our new “Stock Picks”, but it is still respectable considering the DJII closed down over 268 points.

We urge members to take a closer look at BIOR.  Please review our profile, listen to our new webcast with CEO Kevin Davidson, and contact the Company.  We are confident that this Company is a winner.  BIOR rallied to hit .90 per share after it became public in April, and we believe a move like this could happen again soon.  See news reprinted below from yesterday:

Jun 29, 2010 1:44:00 PM EST

MINNEAPOLIS, June 29 /PRNewswire-FirstCall/ -- BioDrain Medical (OTC Bulletin Board: BIOR), owner of the FDA cleared Streamway™ hospital fluid management system, announced today that its common stock is now eligible for electronic trading through the Depository Trust Company (DTC).

Investors in BioDrain Medical may contact their brokerage firms to electronically trade BioDrain Medical using the DWAC system to transfer shares between the Depository Trust Company and Corporate Stock Transfer. (DWAC refers to the Deposit Withdrawal at Custodian). BioDrain Medical is also traded on the Over-the-Counter Bulletin Board under the symbol BIOR. The same stock symbol is used for electronic trading.  

The company earlier today released information regarding the availability of a new webcast interview with BioDrain Medical President and Chief Executive Officer Kevin Davidson. BioDrain also announced the initiation of research coverage by The Green Baron Report. The initial report is available at www.TheGreenBaron.com. The webcast is also available on that site under the "webcasts" page.

About BioDrain Medical, Inc.

BioDrain Medical, Inc. has a fully automated, patented, FDA cleared, surgical fluid management system that virtually eliminates Operating Room workers' exposure to blood, irrigation fluid and the related germs, viruses and diseases that are potentially found in the surgical environment.  Today's manual surgical fluid handling methods of hand-carrying filled surgical fluid canisters and emptying these canisters is an exposure risk and an antiquated approach to the handling of surgical fluid waste.  BioDrain's Streamway™ System fully automates the collection, measurement and disposal of surgical fluids resulting in: 1) reducing overhead costs to hospitals and surgical centers, 2) improving the Occupational State and Health Association (OSHA) and other regulatory compliance, and 3) improving the efficiency of the Operating Room (and thereby making surgeries more profitable).  

BioDrain's Streamway System is eco-friendly as it contributes to the cleaning up the environment. Currently ~ 50 million bloody, potentially disease filled, canisters go to landfills annually in the United States. ~50 million canisters tainted with surgical fluids that can remain in the landfill for years to come.  With BioDrain's System, that number of canisters could be zero.  BioDrain Medical, Inc. makes the Operating Room and our planet safer, cleaner, better.  BioDrain products are currently being represented by ~ 30 independent professional sales representatives that cater to the needs of hospitals across the country.  Learn more about BioDrain Medical, Inc. by visiting www.biodrainmedical.com.

Company Contact Information:

BioDrain Medical, Inc.
2060 Centre Pointe Blvd, Suite 7
Mendota Heights, MN 55120
Phone: +1.651.389.4800
Fax: +1.651.379.5024
info@biodrainmedical.com
www.biodrainmedical.com

For additional requests, please visit:

http://www.biodrainmedical.com/contact.php