Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
NEUGENT TIMOTHY L
   2. Issuer Name and Ticker or Trading Symbol
MIRENCO INC [MREO] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2008
(Street)

 		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock               25,000 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to Buy) $ 0.16 03/04/2008   A   2,000   03/04/2008 01/31/2014 Common Stock 2,000 $ 0 2,000 D  
Stock Options (Right to Buy) $ 0.2125             05/07/2007 01/31/2014 Common Stock 1,000   1,000 D  
Stock Options (Right to Buy) $ 0.25             02/16/2007 01/31/2014 Common Stock 1,000   1,000 D  
Stock Options (Right to Buy) $ 0.2625             09/13/2006 01/31/2014 Common Stock 1,000   1,000 D  
Stock Options $ 0.375             05/15/2006 01/31/2014 Common Stock 1,000   1,000 D  
Stock Options (Right to Buy) $ 0.275             03/16/2006 01/31/2014 Common Stock 1,000   1,000 D  
Stock Options (Right to Buy) $ 0.1562             02/13/2006 01/31/2014 Common Stock 1,000   1,000 D  
Stock Options $ 0.3125             09/09/2005 01/31/2014 Common Stock 1,000   1,000 D  
Stock Options (Right to Buy) $ 0.28             03/22/2005 01/31/2014 Common Stock 1,000   1,000 D  
Stock Options (Right to Buy) $ 0.375             12/16/2004 01/31/2014 Common Stock 1,000   1,000 D  
Stock Options (Right to Buy) $ 0.375             08/27/2004 01/31/2014 Common Stock 1,000   1,000 D  
Stock Options (Right to Buy) $ 0.4375             06/18/2004 01/31/2014 Common Stock 1,000   1,000 D  
Stock Options (Right to Buy) $ 0.8125             06/18/2004 01/31/2014 Common Stock 1,000   1,000 D  
Stock Options (Right to Buy) $ 0.9375             06/18/2004 01/31/2014 Common Stock 1,000   1,000 D  
Stock Options (Right to Buy) $ 0.75             01/01/2004 03/31/2010 Common Stock 1,000   1,000 D  
Stock Options (Right to Buy) $ 0.5             01/01/2004 03/31/2010 Commmon Stock 1,000   1,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
NEUGENT TIMOTHY L

 		   X      

Signatures

 Timothy L. Neugent   03/05/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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