Bederra Corporation Issues PR Clarification and Addresses Stock Performance

HOUSTON, TX -- (Marketwire)
03/09/10
Bederra Corporation (PINKSHEETS: BEDA), a

Houston, Texas based diversified medical services provider, issued the

following announcement as clarification regarding the press release dated

February 26, 2010 with the headline "Bederra Corporation Re-Emerges On

Newly Implemented Uptick Light Rule." Management stated that the press

release was not issued, authorized or otherwise approved by management

previous to its dissemination at Hot Penny Stocks, Penny Stock Picks & Undervalued Stocks | TMF. Management

desired to clarify that it has not engaged or otherwise compensated

themarketfinancial.com or its principals or agents for any research

reports, coverage, and promotion or press release dissemination.

Furthermore, the company had no knowledge of the press release prior to its

dissemination.

Management further stated that it is not surprised by such coverage of

"short volume" and "short interest" by research groups who search for

companies on FINRA's REG SHO list. Such analysts use technical analysis and

short volume data to ascertain what they believe will be a "squeeze trigger

price" per share that will trigger a "buy in" of a company's shares

whereupon large short and or naked short sale positions are finally covered

resulting in a substantial spike in the price per share on increased

liquidity. Bederra management reiterated that it is very concerned about

the company's continued presence on the REG SHO list and believes that such

a buy-in is imminent, if not underway already, as evidenced by the

company's greatly increased liquidity and enhanced price per share in

recent trading sessions. The company is weighing the short and long-term

effects of any short and/or naked short sales on the company's price per

share and its impact on shareholder value and the company's previously

announced buy back and vice versa. "While short sales have their place in

legitimate market practices, naked short sales are effectively the

introduction of counterfeited shares into the market place by unscrupulous

individuals and institutions, threatening the foundation of our financial

market places and undermining long term shareholder value."

In an effort to maintain ongoing transparency with shareholders and to

clarify what action(s) may be necessary to deter any naked short sales of

Bederra common stock, the company has initiated its own investigation into

the purported activity. The company has also been in contact with

regulatory officials in order to better understand publicly available

information, and celebrates the February 24th SEC adoption of Rule 201, the

alternative "Uptick Rule" designed to restrict destructive short selling:

(Press Release: SEC Approves Short Selling Restrictions; 2010-26; Feb. 24, 2010). Based on the daily

trading data from FINRA, it appears that the company has been on the REGSHO

list for 56 consecutive trading days and that the company has had

2,154,800,548 shares "fail to deliver" (i.e. fail to be covered) from 14

Dec 2009 through the close of business 2 Mar 2010. As of this point

regulators and management alike have no way to precisely quantify the

amount of cumulative shares that remain to be covered. However, the short

volume for individual months can be viewed on FINRA's website at the

following links:

March 2010 Reg SHO Daily Files

February 2010 Reg SHO Daily Files

January 2010 Reg SHO Daily Files

December 2009 Reg SHO Daily Files

Furthermore, management stated that regarding the company's recently

announced share buy back program, the company reports that it has obtained

financing from private investors to go forward with the purchase of shares.

The company will initiate a common share buy back program using a

percentage of both future revenues and financing options to purchase up to

50 percent of its outstanding "public float" -- the free trading share

component of the total shares issued and outstanding.

About Bederra Corp.

Bederra Corporation

Bederra Corporation provides multiple modality diagnostic medical imaging

services to the greater Houston area and the world famous Texas Medical

Center. The Company's business strategy is to continue to expand its

current operations and seek out additional acquisitions that will

complement its core offerings.

Under The Private Securities Litigation Reform Act of 1995: The statements

in the press release that relate to the company's expectations with regard

to the future impact on the company's results from new products and

services in development, including any planned acquisitions, are

forward-looking statements within the meaning of the Private Securities

Litigation Reform Act of 1995. The results anticipated by any or all of

these

forward-looking statements might not occur. The Company undertakes no

obligation to publicly release the result of any revisions to these

forward-looking statements that may be made to reflect events or

circumstances after the date hereof, or to reflect the occurrence of

unanticipated events or changes in the Company's plans or expectations.


Contact:

Bederra Corp.

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