EFDID: 131025EFD: Raw Data

Issuer: BioDrain Medical, Inc. (0001446159) - D

Accession: 0001472651-09-000001 () (EDGAREDGAR Files) (Form DForm D)

Edgar Posted: Nov. 4, 2009
EFD Posted: Jan. 6, 2015
- < edgarSubmission >
  < schemaVersion > X0603 </ schemaVersion >
  < submissionType > D </ submissionType >
  < testOrLive > LIVE </ testOrLive >
- < primaryIssuer >
  < cik > 0001446159 </ cik >
  < entityName > BioDrain Medical, Inc. </ entityName >
- < issuerAddress >
  < street1 > 2060 Centre Pointe Blvd. </ street1 >
  < street2 > Suite 7 </ street2 >
  < city > Mendota Heights </ city >
  < stateOrCountry > MN </ stateOrCountry >
  < zipCode > 55120 </ zipCode >
  </ issuerAddress >
  < issuerPhoneNumber > (651)389-4800 </ issuerPhoneNumber >
  < jurisdictionOfInc > MINNESOTA </ jurisdictionOfInc >
- < issuerPreviousNameList >
  < value > None </ value >
  </ issuerPreviousNameList >
- < edgarPreviousNameList >
  < value > None </ value >
  </ edgarPreviousNameList >
  < entityType > Corporation </ entityType >
- < yearOfInc >
  < overFiveYears > true </ overFiveYears >
  </ yearOfInc >
  </ primaryIssuer >
- < relatedPersonsList >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Kevin </ firstName >
  < middleName > R. </ middleName >
  < lastName > Davidson </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 2060 Centre Pointe Blvd., Suite 7 </ street1 >
  < city > Mendota Heights </ city >
  < stateOrCountry > MN </ stateOrCountry >
  < zipCode > 55120 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Mr. Davidson serves as the President, Chief Executive Officer, Chief Financial Officer and Director. </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Lawrence </ firstName >
  < middleName > W. </ middleName >
  < lastName > Gadbaw </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 2060 Centre Pointe Blvd., Suite 7 </ street1 >
  < city > Mendota Heights </ city >
  < stateOrCountry > MN </ stateOrCountry >
  < zipCode > 55120 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Mr. Gadbaw serves as the Chairman of the Board of Directors. </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Chad </ firstName >
  < middleName > A. </ middleName >
  < lastName > Ruwe </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 2060 Centre Pointe Blvd., Suite 7 </ street1 >
  < city > Mendota Heights </ city >
  < stateOrCountry > MN </ stateOrCountry >
  < zipCode > 55120 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Mr. Ruwe serves as the Chief Operating Officer and Director. </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Kirsten </ firstName >
  < lastName > Doerfert </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 2060 Centre Pointe Blvd., Suite 7 </ street1 >
  < city > Mendota Heights </ city >
  < stateOrCountry > MN </ stateOrCountry >
  < zipCode > 55120 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Ms. Doerfert serves as the Vice President of Sales and Marketing. </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > James </ firstName >
  < middleName > E. </ middleName >
  < lastName > Dauwalter </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 2060 Centre Pointe Blvd., Suite 7 </ street1 >
  < city > Mendota Heights </ city >
  < stateOrCountry > MN </ stateOrCountry >
  < zipCode > 55120 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Peter </ firstName >
  < middleName > L. </ middleName >
  < lastName > Morawetz </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 2060 Centre Pointe Blvd., Suite 7 </ street1 >
  < city > Mendota Heights </ city >
  < stateOrCountry > MN </ stateOrCountry >
  < zipCode > 55120 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Thomas </ firstName >
  < middleName > J. </ middleName >
  < lastName > McGoldrick </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 2060 Centre Pointe Blvd., Suite 7 </ street1 >
  < city > Mendota Heights </ city >
  < stateOrCountry > MN </ stateOrCountry >
  < zipCode > 55120 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Andrew </ firstName >
  < middleName > P. </ middleName >
  < lastName > Reding </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 2060 Centre Pointe Blvd., Suite 7 </ street1 >
  < city > Mendota Heights </ city >
  < stateOrCountry > MN </ stateOrCountry >
  < zipCode > 55120 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Alan </ firstName >
  < lastName > Shuler </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 2060 Centre Pointe Blvd., Suite 7 </ street1 >
  < city > Mendota Heights </ city >
  < stateOrCountry > MN </ stateOrCountry >
  < zipCode > 55120 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Mr. Shuler serves as the Corporate Secretary. </ relationshipClarification >
  </ relatedPersonInfo >
  </ relatedPersonsList >
- < offeringData >
- < industryGroup >
  < industryGroupType > Other Health Care </ industryGroupType >
  </ industryGroup >
- < issuerSize >
  < revenueRange > No Revenues </ revenueRange >
  </ issuerSize >
- < federalExemptionsExclusions >
  < item > 06 </ item >
  </ federalExemptionsExclusions >
- < typeOfFiling >
- < newOrAmendment >
  < isAmendment > false </ isAmendment >
  </ newOrAmendment >
- < dateOfFirstSale >
  < value > 2008-06-11 </ value >
  </ dateOfFirstSale >
  </ typeOfFiling >
- < durationOfOffering >
  < moreThanOneYear > false </ moreThanOneYear >
  </ durationOfOffering >
- < typesOfSecuritiesOffered >
  < isEquityType > true </ isEquityType >
  </ typesOfSecuritiesOffered >
- < businessCombinationTransaction >
  < isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >
  < clarificationOfResponse />
  </ businessCombinationTransaction >
  < minimumInvestmentAccepted > 3000 </ minimumInvestmentAccepted >
  < salesCompensationList />
- < offeringSalesAmounts >
  < totalOfferingAmount > 2485443 </ totalOfferingAmount >
  < totalAmountSold > 1593502 </ totalAmountSold >
  < totalRemaining > 891941 </ totalRemaining >
  < clarificationOfResponse />
  </ offeringSalesAmounts >
- < investors >
  < hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >
  < totalNumberAlreadyInvested > 32 </ totalNumberAlreadyInvested >
  </ investors >
- < salesCommissionsFindersFees >
- < salesCommissions >
  < dollarAmount > 0 </ dollarAmount >
  </ salesCommissions >
- < findersFees >
  < dollarAmount > 0 </ dollarAmount >
  </ findersFees >
  < clarificationOfResponse />
  </ salesCommissionsFindersFees >
- < useOfProceeds >
- < grossProceedsUsed >
  < dollarAmount > 268500 </ dollarAmount >
  </ grossProceedsUsed >
  < clarificationOfResponse > Executive officer salaries and board chairman fees. </ clarificationOfResponse >
  </ useOfProceeds >
- < signatureBlock >
  < authorizedRepresentative > false </ authorizedRepresentative >
- < signature >
  < issuerName > BioDrain Medical, Inc. </ issuerName >
  < signatureName > /s/ Kevin R. Davidson </ signatureName >
  < nameOfSigner > Kevin R. Davidson </ nameOfSigner >
  < signatureTitle > President, Chief Executive Officer & Chief Financial Officer </ signatureTitle >
  < signatureDate > 2009-11-03 </ signatureDate >
  </ signature >
  </ signatureBlock >
  </ offeringData >
  </ edgarSubmission >
Edgar Posted: Nov. 4, 2009
EFD Posted: Jan. 6, 2015