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10-Q: MIRENCO INC

10-Q: MIRENCO INC.

(EDGAR Online via COMTEX) - MANAGEMENT'S DISCUSSION AND ANALYSIS

FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Background and

Mirenco, Inc. was organized and incorporated in the State of Iowa on February 21, 1997. We develop, market and distribute technologically advanced products, improving the efficiency of combustion engines and application equipment.Mirenco also offers advisory services in the evaluation of diesel through its evaluation process Mirenco Diesel (MDEP), which consists of testing procedures, compared to other engines on its proprietary database and make recommendations for maintenance activities and / or the application of proprietary technology Mirenco.

Service Bay

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By John G. Smith, Contributing Editor

 

Fans of the 1970s TV series "The Six Million Dollar Man" will remember how astronaut Steve Austin was presented during the opening credits: "A man barely alive. Gentlemen, we can rebuild it. We have the technology. "

The same can be said about a modern diesel engine. The technology is available to rebuild the equipment has been reduced to little more than a huge mass of metal - and at a price considerably lower than the bill of $ 6 million for a bionic superhero.

But work can not be as frequent as some experienced technicians rememberMe. "We are now talking about B-50s to 1.2 million miles on these engines. When we started in this game it is not uncommon to have a B-50 of 400,000 miles," says Jay Wagner, MAHLE Clevite heavy product specialist, referring to where one in two engines should be overhauled.

Brian Gordon, a regional director at IPD, offers an observation that is less optimistic."The days of dollar-mile engine have come and gone," he counters, largely blaming gas recirculation (EGR) systems for the introduction of more contaminants in the engine, shorten the cycle time, cylinder liners, grooves of piston rings and more. It suggests a kind B-50 life is more likely to fall between 600,000 and 700,000 miles depending on engine model.