Found this!
Tested on N73 ME and works fine
PicoDrive Emulator
1. Install PicoDrive on your Mobile
2. Create a folder for your ROMS on MemoryCard
3. Copy ROMS in this folder
4. Start Emulator, load ROMS and play
Emulator Download
http://rapidshare.com/files/97727656/Emu.rar
ROM Download
0-9
3 Ninjas Kick Back
688 Attack Sub
http://rapidshare.com/files/97727723/0-9.rar
A
AAAHH!!! Real Monsters
Action 52-in-1
Action Replay
http://rapidshare.com/files/97727797/A1.rar
Aero the Acro-Bat
Activator Command Demo 30 Hz
Activator Command Demo 60 Hz
Addams Family, The
http://rapidshare.com/files/97727855/A2.rar
Aero the Acro-Bat 2
Aero Blasters
Aerobiz
http://rapidshare.com/files/97727927/A3.rar
Adventures of Batman and Robin, The
Aerobiz Supersonic
Air Busters
http://rapidshare.com/files/97728007/A4.rar
After Burner II
Air Diver
Alex Kidd in the Enchanted Castle
http://rapidshare.com/files/97728066/A5.rar
Aladdin
Alien 3
Alien Storm
http://rapidshare.com/files/97728133/A6.rar
Alien Soldier
Alisia Dragoon
Altered Beast
http://rapidshare.com/files/97728207/A7.rar
American Gladiators
Andre Agassi Tennis
Animaniacs
http://rapidshare.com/files/97728257/A8.rar
Another World
Aquatic Games, The
Arch Rivals
Ariel - Disneys The Little Mermaid
http://rapidshare.com/files/97728302/A9.rar
Arcus Odyssey
Arnold Palmer Tournament Golf
Arrow Flash
http://rapidshare.com/files/97728346/A10.rar
Art Alive!
Art of Fighting
Atomic Robo Kid
http://rapidshare.com/files/97728382/A11.rar
Asterix and the Great Rescue
Atomic Runner
ATP Tour Championship Tennis
http://rapidshare.com/files/97728443/A12.rar
Australian Rugby League
Awesome Possum
Ayrton Sennas Super Monaco GP II
http://rapidshare.com/files/97728520/A13.rar
Asterix and the Power of The Gods
AWS Pro Moves Soccer
http://rapidshare.com/files/97728555/A14.rar
B
B.O.B
Babys Day Out
Back to the Future Part III
http://rapidshare.com/files/97751890/B1.rar
Ball Jacks
Ballz
Barbie Super Model
http://rapidshare.com/files/97751942/B2.rar
Barbie Vacation Adventure
Barkley Shut Up and Jam 2
Barkley Shut Up and Jam!
http://rapidshare.com/files/97752036/B3.rar
Barneys Hide and Seek
Bass Masters Classic Pro Edition
Bass Masters Classics
http://rapidshare.com/files/97752104/B4.rar
Batman - Revenge of the Joker
Batman
Batman Forever
http://rapidshare.com/files/97752191/B5.rar
Batman Returns
Battle Squadron
Battlemaster
http://rapidshare.com/files/97752236/B6.rar
Battletech
Battletoads
Battletoads and Double Dragon
http://rapidshare.com/files/97752295/B7.rar
Beast Wrestler
Beauty and the Beast - Belles Quest
Beavis and Butt-Head
http://rapidshare.com/files/97752355/B8.rar
Berenstain Bears, The Camping Adventure
Best of the Best - Championship Karate
Beyond Oasis
http://rapidshare.com/files/97752456/B9.rar
Bill Walsh College Football 95
Bill Walsh College Football
Bimini Run
http://rapidshare.com/files/97752517/B10.rar
Bio-Hazard Battle
Bioship Paladin
Blades of Vengence
http://rapidshare.com/files/97752587/B11.rar
Blaster Master 2
Block Out
Blockbuster Competition 2 - NBA Jam & Judge Dredd
http://rapidshare.com/files/97752665/B12.rar
Blood Shot
Body Count
Bonanza Brothers
http://rapidshare.com/files/97752701/B13.rar
Bonkers
Boogerman
Boxing Legends of the Ring
http://rapidshare.com/files/97752790/B14.rar
Bram Stokers Dracula
Brett Hull Hockey 95
Brian Lara Cricket 96
http://rapidshare.com/files/97752872/B15.rar
Brian Lara Cricket
Brutal - Paws of Fury
Bubba N Stix
http://rapidshare.com/files/97752930/B16.rar
Bubble and Squeek
Bubsy 2
Bubsy
Buck Rogers - Countdown to Doomsday
http://rapidshare.com/files/97753050/B17.rar
Bugs Bunny in Double Trouble
Bulls vs Blazers and the NBA Playoffs
Bulls vs Lakers
Burning Force
http://rapidshare.com/files/97751847/B18.rar
C
Cadash
Caesars Palace
Cal Ripken Jr. Baseball
http://rapidshare.com/files/97762870/C1.rar
California Games
Cannon Fodder
Captain America and the Avengers
http://rapidshare.com/files/97762914/C2.rar
Captain Planet and the Planeteers
Captn Havoc
Castlevania - Bloodlines
http://rapidshare.com/files/97762973/C3.rar
Castlevania - The New Generation
Centurion - Defender of Rome
Chakan - The Forever Man
http://rapidshare.com/files/97763051/C4.rar
Champions World Class Soccer
Championship Bowling
Championship Pool
Chase HQ 2
http://rapidshare.com/files/97763095/C5.rar
Championship Pro Am
Chaos Engine, The
Chavez 2
http://rapidshare.com/files/97763153/C6.rar
Chester Cheetah 2 - Wild Wild Quest
Chester Cheetah
Chi Chis Pro Challenge
http://rapidshare.com/files/97763187/C7.rar
Chiki Chiki Boys
Chuck Rock 2
Chucks Excellent Art Tool Animator
http://rapidshare.com/files/97763235/C8.rar
Clay Fighter
Cliffhanger
Clue
http://rapidshare.com/files/97763328/C9.rar
Coach K College Basketball
College Football USA 96
College Football USA 97
http://rapidshare.com/files/97762827/C10.rar
College Footballs National Championship 2
College Footballs National Championship
College Slam
http://rapidshare.com/files/97763557/C11.rar
Columns 3 - Revenge of Columns
Columns
Combat Cars
Comix Zone
http://rapidshare.com/files/97763659/C12.rar
Contra - Hard Corps
Cool Spot
Corporation
http://rapidshare.com/files/97763746/C13.rar
Cosmic Spacehead
Crack Down
Crue Ball
http://rapidshare.com/files/97763786/C14.rar
Crusader of Centy
Crystals Pony Tale
Cutie Suzuki no Ringside Angel
http://rapidshare.com/files/97763869/C15.rar
Cutthroat Island
CyberBall
Cyber-Cop
Cyborg Justice
http://rapidshare.com/files/97763382/C16.rar
Password for .rar Files is sega4gulli
Other ROMS i will post later