UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
(Mark One)
[XX]	QUARTERLY REPORT PURSUANT TO SECTION13 OR15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended			~~April~~October 3031, 2009
or
[ ]	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE EXCHANGE ACT OF 1934
For the transition period from			to
Commission file number		0-25024


TITAN TECHNOLOGIES, INC.
(Exact name of small business issuer as specified in its charter)

NEW MEXICO					85-0206831
(State or other jurisdiction of incorporation or organization)					(IRS Employer Identification No.)


3206 Candelaria Road NE, Albuquerque, NM 87107
(Address of principal executive offices) Zip Code

(505) 884-0272
(Issuer's telephone number, including area code)

N/A
(Former name, former address, and former three-months, if changed since last report)
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by section 13 of 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No



Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T(Section 232.405 of this chapter) during the preceding 12 months(or such shorter period that the registrant was required to submit and post such files. Yes [] No [ ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of "accelerated filer and large accelerated filer" in Rule 12b-2 of the Exchange Act.

	Large accelerated filer				Accelerated filer
	Non-accelerated filer				Smaller reporting company		X


Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 for the Exchange Act).
	Yes	No X

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS
Indicate by check mark whether the registrant filed all documents and reports required to be filed by Section 12,13, or 15 (d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.
						Yes X No
SEC 1296 (02-08) Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number
APPLICABLE ONLY TO CORPORATE ISSUERS
Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date: June 14, 2009 No par common 48,893,777.
Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date: December 14, 2009 No par common 48,893,777.

Titan Technologies, Inc.
Index to Quarterly Report on Form 10-Q
Index to Form 10-Q For the Quarter Ended October 31, 2009 Table of Contents
		~~Page~~	Page
Cautionary Statement on Forward-Looking Statements		3
Part I. FINANCIAL INFORMATION
Part I. FINANCIAL INFORMATION
Item 1.	Condensed Balance Sheets as of October 31, 2009 (unaudited) and July 31, 2009		4
Item 1.	Condensed Balance Sheets at April 30, 2009 (unaudited) and July 31, 2008	4
	Condensed Statements of Operations for the three months ended October 31, 2009		5
	Condensed Statements of Operations for the three months ended April 30, 2009	5
	and 2008 (unaudited)
	and 2008 (unaudited)
	Condensed Statements of Cash Flows for the three months ended October 31, 2009		6
	Condensed Statements of Operations for the nine months ended April 30, 2009	6
	and 2008 (unaudited)
	and 2008 (unaudited)
	Notes to the Unaudited Condensed Financial Statements		7
	Condensed Statements of Operations for the nine months ended April 30, 2009	7
Item 2.	Management's Discussion and Analysis of Financial Condition and Results of		12
	and 2008 (unaudited)
	Operations
	Notes to Condensed Financial Statements (unaudited)	8
Item 3.	Quantitative and Qualitative Disclosures About Market Risks		13
Item 2.	Management's Discussion and Analysis of Financial Condition and Results of	12
Item 4.	Controls and Procedures		13
	Operations
Part II.	OTHER INFORMATION
Item 3.	Quantitative and Qualitative Disclosures About Market Risks	13
Item 1.	Legal Proceedings		14
Item 4T.	Controls and Procedures	13
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds		14
Part II. OTHER INFORMATION
Item 3.	Defaults Upon Senior Securities		14
Item 1.	Legal Proceedings	14
Item 4T.	Submission of Matters to a Vote of Security Holders		14
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	14
Item 5.	Other Information		14
Item 3.	Defaults Upon Senior Securities	15
Item 6.	Exhibits and Reports		15
Item 4.	Submission of Matters to a Vote of Security Holders	15
Signatures			15
Item 5.	Other Information	15
Certitications			Attached
Item 6.	Exhibits and Reports on Form 8-K	15
Signatures		15

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Titan Technologies, Inc.

Cautionary Statement on Forward-Looking Statements

The discussion inon the Report on Form 10-Q, including the discussion in Item 2 of PART 1, contains forward- looking statements that have been made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations, estimates and projections about the Company's business, based on management's current beliefs and assumptions made by management. Words such as "expects", "anticipates", "intends", "believes", "plans", "seeks", "estimates", and similar expressions or ~~variations~~ variations of these words are intended to identify such forward-looking statements. Additionally, statements that refer to the Company's estimated or anticipated future results, sales or marketing strategies, new product development or performance or other non -historical facts are forward-looking and reflect the Company's current perspective based on existing information. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results and outcomes may ~~differ~~ differ materially from what is expressed or forecasted in any such forward-looking statements. Such risks, and uncertainties include those set forth below in Item 1 as well as previous public filings with the Securities and Exchange Commission. The discussion of the Company's financial condition and results of operations included in Item 2 of PART 1 should also be read in conjunction with the financial statements and related notes included in Item 1 of PART 1 of this quarterly report. These quarterly financial statements do not include all disclosures provided in the annual financial statements and should be read in conjunction with the "Risk Factors" and annual financial statements and noted thereto included in the Company's Form 10-~~KSB~~K for the year ended July 31, ~~2008~~2009 as filed with the Commission on November 1413, ~~2008~~2009. The Company undertakes no obligation to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise.

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PART I. FINANCIAL INFORMATION ~~Item 1. Financial Statements.~~

Titan Technologies, Inc.
CONDENSED BALANCE SHEETS
ASSETS
	April 30, 2009
	(unaudited)			July 31, 2008
Current Assets
Cash	$	17,881		$	4,461
Other Assets		25,609			25,609
	$	43,490		$	30,070
LIABILITIES AND STOCKHOLDERS' (DEFICIT)
Current Liabilities
Accounts payable and accrued expenses	$	120,049		$	14,752
Deferred revenue		470,000			470,000
Total Current Liabilities		590,049			484,752
Stockholders' (Deficit)
Common stock - no par value; authorized, 50,000,000 shares;
48,910,777 shares issued, 48,893,777 shares outstanding (April 30, 2009)
48,183,277 shares issued, 48,166,277 shares outstanding (July 31, 2008)		4,191,014			4,147,014
Treasury stock, 17,000 shares, at cost		-			-
Accumulated (deficit)		(4,737,573	)		(4,601,696	)
		(546,559	)		(454,682	)
	$	43,490		$	30,070

Item 1. Financial Statements.

Titan Technologies, Inc.

CONDENSED BALANCE SHEETS

ASSETS

	October 31, 2009
	(Unaudited)			July 31, 2009
Current Assets
Cash	$	16,906		$	13,288
Prepaid expenses		1,025			1,025

Total Current Assets		17,931			14,313

Other Assets		25,609			25,609

	$	43,540		$	39,922



LIABILITIES AND STOCKHOLDERS' (DEFICIT)
Current Liabilities
Accounts payable and accrued expenses	$	193,410		$	151,293
Deferred revenue		520,000			520,000
Total Current Liabilities		713,410			671,293


Stockholders' (Deficit)
Common stock - no par value; authorized, 50,000,000 shares;
49,310,777 shares issued, 49,293,777 shares outstanding (October 31, 2009)
48,910,777 shares issued, 48,893,277 shares outstanding (July 31, 2009)		4,213,014			4,191,014
Treasury stock, 17,000 shares, at cost		-			-
Accumulated (deficit)		(4,882,884	)		(4,822,385	)
		(669,870	)		(631,371	)

	$	43,540		$	39,922

See the accompanying notes to the financial statements.

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Titan Technologies, Inc.
CONDENSED STATEMENTS OF OPERATIONS
For The Three Months Ended April 30, 2009 and 2008
(UNAUDITED)
	2009			2008
REVENUES	$	-		$	-
COSTS AND EXPENSES
General and administrative		58,119			68,785
Outside services		2,451			425
		60,570			69,210
(Loss) from operations		(60,570	)		(69,210	)
Provision for income taxes		-			-
Net (loss)	$	(60,570	)	$	(69,210	)
Weighted average common shares outstanding -
Basic and diluted		48,478,271			47,602,816
Basic and diluted income (loss) per common share	$	(0.00	)	$	(0.00	)

Titan Technologies, Inc.

CONDENSED STATEMENTS OF OPERATIONS

For The Three Months Ended October 31, 2009 and 2008

(UNAUDITED)


	2009			2008
REVENUES	$	-		$	100,000

COSTS AND EXPENSES
General and administrative		59,384			64,418
Outside services		1,115			20,850
		60,499			85,268

Income (loss) from operations		(60,499	)		14,732

Provision for income taxes		-			-
Net income (loss)	$	(60,499	)	$	14,732

Weighted average common shares outstanding -
Basic and diluted		49,152,473			48,501,517

Basic and diluted income (loss) per common share	$	(0.00	)	$	0.00

See the accompanying notes to the financial statements.

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Titan Technologies, Inc.
CONDENSED STATEMENTS OF OPERATIONS
CONDENSED STATEMENTS OF CASH FLOWS
For The Nine Months Ended April 30, 2009 and 2008
For The Three Months Ended October 31, 2009 and 2008
(UNAUDITED)
	2009			2008
REVENUES	$	100,000		$	-
Cash flows from operating activities
COSTS AND EXPENSES
Net cash provided by (used in) operating activities	$	(18,382	)	$	4,773
General and administrative		189,974			209,243
Cash flows from investing activities
Outside services		45,903			4,706
Net cash provided by investing activities		-			-
Depreciation		-			53
Cash flows from financing activities
		235,877			214,002
Proceeds from the sale of common stock		22,000			15,000
(Loss) from operations		(135,877	)		(214,002	)
Net cash provided by financing activities		22,000			15,000
Provision for income taxes		-			-
Net increase in cash		3,618			19,773
Net (loss)	$	(135,877	)	$	(214,002	)
Cash at beginning of period		13,288			4,461
Weighted average common shares outstanding -
Cash at end of period	$	16,906		$	24,234
Basic and diluted		48,362,312			46,836,988
Basic and diluted income (loss) per common share	$	(0.00	)	$	(0.00	)

See the accompanying notes to the financial statements.

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Titan Technologies, Inc.
CONDENSED STATEMENTS OF CASH FLOWS
For The Nine Months Ended April 30, 2009 and 2008
(UNAUDITED)
	2009			2008
Cash flows from operating activities
Net cash (used in) operating activities	$	(30,580	)	$	(212,280	)
Cash flows from investing activities
Net cash provided by investing activities		-			-
Cash flows from financing activities
Proceeds from the sale of common stock		44,000			197,274
Net cash provided by financing activities		44,000			197,274
Net increase (decrease) in cash		13,420			(15,006	)
Cash at beginning of period		4,461			30,583
Cash at end of period	$	17,881		$	15,577

See the accompanying notes to the financial statements.

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Titan Technologies, Inc.

Notes to ~~Condensed~~the Unaudited Condensed Financial Statements

~~April~~October 3031, 2009

(Unaudited)

Note 1. Basis of Presentation

The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) for interim financial information and Rule ~~Article~~8.03 10 of Regulation S-X. They do not include all of the information and ~~footnotes~~ footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair presentation have been included.

The results of operations for the periods presented are not necessarily indicative of the results to be expected for the full year. For further information, refer to the financial statements of the Company included in the Company’s Form 10-~~KSB~~K for ~~the~~ the year ended July 31, ~~2008~~2009 as filed with the Commission on November 1413, ~~2008~~2009.

Note 2. Earnings Per Share

The Company calculates net income (loss) per share as required by ~~Statement~~ASC ~~of Financial Accounting Standards ("SFAS") 128~~260-10, "Earnings per Share." Basic earnings (loss) per share is calculated by dividing net income (loss) by the weighted average number of common shares outstanding for the period. Diluted earnings (loss) per share is calculated by dividing net income (loss) by the weighted average number of common shares and dilutive common stock equivalents outstanding. During the periods presented, common stock equivalents were not considered, as their effect would be anti-dilutive.

Note 3. Going Concern

The Company's financial statements are presented on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business.

The Company has experienced losses from operations as a result of its investment necessary to achieve its operating plan, which is long-range in nature. For the ~~nine~~three months ended ~~April~~October 3031, 2009 the Company had a net loss of ($~~135~~60,~~877~~499) and had working capital and stockholders' deficits of ($~~572~~695,~~168~~479) and ($~~546~~669,~~559~~870), ~~respectively,~~ ~~at April 30, 2009~~respectively. In addition, the Company has ~~limited~~no revenue ~~producing~~ producing operations ~~(Note 5)~~.

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Titan Technologies, Inc.

Notes to Condensed Financial Statements

April 30, 2009

(Unaudited)

The Company's ability to continue as a going concern is contingent upon its ability to secure financing and attain profitable operations. In addition, the Company's ability to continue as a going concern must be considered in light of the problems, expenses and complications frequently encountered in a highly regulated industry.

The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the possible inability of the Company to continue as a going concern.

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Titan Technologies, Inc.

Notes to the Unaudited Condensed Financial Statements

October 31, 2009

Note 4. Stockholders' (Deficit)

During the ~~nine~~three months ended ~~April~~October 3031, 2009, the Company sold ~~727~~400,~~500~~000 shares of common stock ~~for~~ for cash proceeds aggregating $4422,000.

The Company has a compensatory stock option plan. Under the plan, the Company may grant options for up to 1,350,000 shares of common stock. The Board of Directors shall determine the exercise price and term of the options. The options vest on the date granted. All options outstanding at ~~April~~October 3031, 2009 ~~were~~ were granted to employees or directors in the fiscal year ended July 31, 2005 ~~and~~ and expire in the fiscal year ending July 31, 2015.

Summarized information relative to the Company's stock option is as follows:

	Number ofShares		Weighted Average Exercise Price
	Number of		Weighted Average
Outstanding at July 31, 2008		1,050,000	$	0.12
	Shares		Exercise Price
Outstanding at July 31, 2009		1,050,000	$	0.12
Granted		-		-
Exercised		-		-
Forfeited	-	-	-	-
Outstanding at April 30, 2009		1,050,000	$	0.12
Outstanding at October 31, 2009		1,050,000	$	0.12

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Titan Technologies, Inc.

Notes to Condensed Financial Statements

April 30, 2009

(Unaudited)

Note 5. Licensing Agreements

On April 2, 2004, and as modified on October 30, 2004, the Company entered into an Agreement with a group of investors, to provide for the construction of three tire recycling plants to be built in Mexico. During the year ended July 31, 2005, the Company received a non-refundable deposit of $180,000, which was originally recorded as deferred revenue. Under the terms of the agreement, the Company was to receive a payment of $500,000. $300,000 was to be credited to licensing fees, ($100,000 for each of the three initial recycling plants), and the remaining $200,000 for an exclusive right to license the Titan technology in Mexico. The original Agreement was extended from September 30, 2004 to March 31, 2005, whereupon it was terminated effective March 31, 2005, due to non-performance by the licensee. As more fully discussed below, the $180,000 previously paid to Titan under this agreement was recognized as revenue, and credit has been given to the successor investor, PPT Holding, Ltd. ("PPT"), in this amount.

~~Effective February~~- 9,8 2006, the Registrant executed a License Agreement with PPT, a Texas Limited Partnership and successor to the investor group discussed above, for the exclusive right to build recycling facilities in Mexico, utilizing Titan’s patented tire recycling technology (the “Mexican License”). The Agreement provides for the initial construction of three facilities within three years, commencing initially on or about September 15, 2006, which date has been verbally extended to the date on which PPT has obtained the necessary building permit for its first plant in Nuevo Laredo, Mexico, and has secured sufficient financing to commence construction of the plant. PPT has obtained the building permit for the first plant, but has not secured sufficient financing to commence construction. Upon commencement of the construction of the first plant PPT will become obligated to pay Titan an initial installment of $300,000 of the remaining $900,000 for the license fee for the first plant. The Agreement also calls for a $200,000 payment for the exclusive license, for PPT to utilize Titan's tire recycling technology in Mexico, which amount has been previously received, as stated above.-

The Mexican License provides for a $1,000,000 license fee for each plant, payable as follows: (i) a deposit of $100,000 paid by April 30, 2006; (ii) $300,000 payable upon commencement of construction; (iii) $300,000 upon completion of construction; and (iv) $300,000 upon reaching full capacity. During the year ended July 31, 2006, PPT and its predecessor paid Titan $320,000, and PPT received credit for the $180,000 previously paid by its predecessor. Therefore, the total initial $500,000 requirement, including the $300,000 deposit for the first three plants as well as $200,000 for the exclusive license for the Republic of Mexico, has been satisfied. An additional $50,000 was received during the fiscal year ended July 31, 2007. Another $100,000 was received during the nine month period ended April 30, 2009, which is included in deferred revenue. Since construction has not yet commenced, the balance of the deposit of $470,000 is presented as deferred revenue at April 30, 2009.

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Titan Technologies, Inc.

Notes to ~~Condensed~~the Unaudited Condensed Financial Statements

~~April~~October 3031, 2009

Effective February 9, 2006, the Registrant executed a License Agreement with PPT, a Texas Limited Partnership and successor to the investor group discussed above, for the exclusive right to build recycling facilities in Mexico, utilizing Titan’s patented tire recycling technology (~~Unaudited~~the “Mexican License”). The Agreement provides for the initial construction of three facilities within three years, commencing initially on or about September 15, 2006, which date has been verbally extended to the date on which PPT has obtained the necessary building permit for its first plant in Nuevo Laredo, Mexico, and has secured sufficient financing to commence construction of the plant. PPT has obtained the building permit for the first plant, but has not secured sufficient financing to commence construction. Upon commencement of the construction of the first plant, PPT will become obligated to pay Titan an initial installment of $300,000 of the remaining $900,000 for the license fee for the first plant. The Agreement also calls for a $200,000 payment for the exclusive license, for PPT to utilize Titan's tire recycling technology in Mexico, which amount has been previously received, as stated above.

The Mexican License provides for a $1,000,000 license fee for each plant, payable as follows: (i) a deposit of $100,000 paid by April 30, 2006; (ii) $300,000 payable upon commencement of construction; (iii) $300,000 upon completion of construction; and (iv) $300,000 upon reaching full capacity. During the year ended July 31, 2006, PPT and its predecessor paid Titan $320,000, and PPT received credit for the $180,000 previously paid by its predecessor. Therefore, the total initial $500,000 requirement, including the $300,000 deposit for the first three plants as well as $200,000 for the exclusive license for the Republic of Mexico, has been satisfied. An additional $50,000 was received during the fiscal year ended July 31, 2007. Another $150,000 was received during the fiscal year ended July 31, 2009, which is included in deferred revenue. Since construction has not yet commenced, the balance of the deposit of $520,000 is presented as deferred revenue at October 31, 2009.

The Mexican License further provides that Licensee will pay Titan royalty payments equal to $4.00 per ton of tires processed in the recycling plants in Mexico after full capacity is reached. Failure by PPT to make the required royalty payments for first three plants could result in Titan terminating the License Agreement and loss of the exclusive license for Mexico and all monies paid to date by PPT and its predecessor.

Additionally, Titan has agreed to purchase a seven percent (7%) ownership interest in PPT for $100,000, of which $75,000 was paid during fiscal 2005 pursuant to previous agreements that were subsequently deemed void. Titan has been given credit for its previous payments, towards the purchase of its investment in PPT. Since PPT is in the organizational stages, the final $25,000 paid in fiscal 2006 is presented as a deposit at ~~April~~October 3031, 2009 and is ~~included~~ included in other assets in the accompanying financial statements.

~~A prior agreement~~- ~~entered~~9 into with Ally Investment, LLP (“Ally”) has been terminated for lack of performance on the part of Ally. The deposit of $100,000 previously reported as deferred income has now been recognized as income.-

Titan Technologies, Inc.

Notes to the Unaudited Condensed Financial Statements

October 31, 2009

Effective August 23, 2006, the Company entered into another licensing agreement with an unrelated investor group, Ally Investments, LLC (“Ally”), for the use of Titan's recycling patents and technology within the states of Texas, Louisiana, Mississippi and Oklahoma, and received a non-refundable deposit in the amount of $100,000, which amount was included in deferred revenue at July 31, 2008. The licensing fee agreement provided for a licensing fee for each plant of $1,600,000 upon securing both a construction site and construction financing, and production royalties of 1.5% of gross revenues derived from the sale of all products generated using Titan technology, upon reaching full capacity.

On December 12, 2007, the Company and Ally entered into a Second Amendment to License Agreement that modified the original License Agreement in the following respects:

1.	The Territory was expanded from the four states to the entire United States.

2.	The license fee of $1,600,000 and the royalty payment of 1.5% of all products produced was amended to a Ten (10%) percent membership interest in each of the single purpose entities formed to own and operate each plant beyond the first plant (the second and each subsequent plant)
.
3.	The obligation to pay the initial license fee for the first plant of $1,600,000 remains unchanged, but the obligation to commence construction of the first plant, as amended on February 23, 2007, to commence, on or before December 31, 2007, and be in operation, no later that December 31, 2008 was modified to require that construction of the first plant commence when (i) government agencies have granted construction approval and (ii) Ally has obtained financing to build the first plant. As of October 31, 2009, construction had not commenced.

4.	The termination of the Exclusive License was also modified to provide that the exclusive license for the U.S. will terminate if Ally should fail to commence to obtain a permit and prepare a feasibility study for the next plant within twelve (12) months after the previous plant has reached full capacity.

Also on December 12, 2007, the Registrant and Ally entered into a Memorandum of Understanding regarding Plastics Scrap, including but not limited to the following terms:

1.	The grant of an exclusive license for Titan's Technology and patents for the recycling of scrap electronics throughout the United States.

2.	A license fee of $500,000 each to the Registrant and Adherent Technologies, upon Ally securing sufficient funding and government approvals to commence construction of the first plastics recycling plant.

3.	The grant to the Registrant of a ten (10%) percent ownership in each entity established to own and operate a plastics recycling plant anywhere in the U.S.

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Titan Technologies, Inc.

Notes to the Unaudited Condensed Financial Statements

October 31, 2009

4.	A research and development time table for testing a sample of constituent materials and development of a plastics recycling plant in the U.S.

5.	A commitment by Ally to fund and commence construction of the first plastics recycling plant in the U.S. within four years after delivery of the first sample of test material by Ally to Titan.

This agreement expired on December 31, 2008 and the non-refundable deposit of $100,000 was recognized as income. On September 30, 2009, an agreement was reached to reinstate the terms of the original contract with a termination date of September 30, 2010.

Note 6. Subsequent Events

The Company evaluated all events subsequent to the balance sheet date of October 31, 2009, through the date of issuance of these financial statements and has determined that there are no subsequent events that require disclosure.

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ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OROF ~~PLAN~~FINANCIAL OFCONDITION AND ~~OPERATION~~RESULTS OF OPERATIONS

Introduction

The following narrative describes the financial condition of Titan Technologies, Inc. (“we”, “our” or the “Company”) at ~~April~~October 3031, 2009 and compares it it to our financial ~~conditions~~condition at fiscal year end July 31, ~~2008~~2009. It ~~also~~ also discusses our results of operations for the ~~nine~~three months ended ~~April~~October 3031, 2009 and ~~April~~ 30October 31, 2008. This discussion and analysis should be read in conjunction with the information contained in our annual report on Form 10-~~KSB~~ K for the fiscal year ended July 31, ~~2008~~2009, including the audited financial statements and notes included therein. The financial statements included in this report, including our balance sheet at ~~April~~October 3031, 2009, the statements of income for the three months ~~and nine months~~ ended ~~April~~October 3031, 2009 ~~and~~ and 2008 and our statements of cash flows for the ~~nine~~ three months ended October ~~April 30~~31, 2009 and 2008, are unaudited.

Results of Operations

As a result of activities by management, general and administrative expense decreased by $195,~~269~~034 to $~~189~~59,~~974~~384 for the ~~nine~~three months ended ~~April~~October 3031, 2009 compared to the ~~nine months~~three months ended ~~April~~October 3031, 2008.

As a result of activities by management, ~~general~~outside ~~and~~services ~~administrative~~ expense decreased by $1019,~~666 to~~735 to $581,~~119~~115 for the three months ended ~~April~~October 3031, 2009 compared to the three ~~months~~ months ended ~~April~~October 3031, 2008.

As a result of activities by management, outside services expense increased $41,197 to $45,903 for the nine months ended April 30, 2009 compared to the nine months ended April 30, 2008.

As a result of activities by management, outside services expense increased $2,026 to $2,451 for the three months ended April 30, 2009 compared to the three months ended April 30, 2008.

Liquidity and Capital Resources

The Company's liquidity increased in the ~~nine~~three months ended ~~April~~October 3031, 2009, as cash ~~increased~~ increased by $133,~~420~~618 since July 31, ~~2008~~2009. Operations used $3018,~~580~~ 382 compared to the same period of the prior year in which operations ~~used~~provided $~~212~~4,~~280~~773. Proceeds from the sale of common stock were $4422,000 during the ~~nine~~three months ended ~~April~~October 3031, 2009 compared to $~~197~~15,~~274~~000 for the same period in in 2008.

Future financing activities of the Company include primarily the sale of common stock. The Company does not solicit purchasers of its common stock but believes past experience demonstrates that there will be sufficient unsolicited purchases of common stock to sustain the Company's cash flow needs, especially in light of the expected revenue form licensing activities in the future.

- 12 -

Management has taken the following steps in the past and will consider taking them again, if necessary, to address the financial and operating condition of the Company which it believes will be sufficient to provide the Company with the ability to continue in existence:

- Improve marketing efforts for recycling plants and bring plastics recycling technology and coal gasification to a marketable product.

- Reduce operating and administrative expenses, and issue stock and notes payable, where possible for payment of expenses.

- Defer payment of officer’s salaries, if required.

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Management believes that these steps, if taken, will allow the Registrant to continue as a going concern together with results of on going efforts to raise working capital through licensing agreements, and joint ventures. However, there are significant risks associated with the Registrant's business development and there can be no assurance that its efforts will be successful or that it will be able to raise sufficient working capital to survive as a going concern.

ITEM 3. QUANTITATIVE AND QUALIITATIAVE DISCLOSURES ABOUT MARKET RISKS

Not applicable

ITEM 4T. CONTROLS AND PROCEDURES

(a)	Evaluation of Disclosure Controls and Procedures.

Our Chief Executive Officer and Principal Financial Officer evaluated the effectiveness of our ~~disclosure~~ disclosure controls and procedures as of the end of the period covered by this report. Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by us in the reports that we file under the Exchange Act is accumulated and communicated to our management, as appropriate to allow timely decisions regarding required disclosure. Based on this evaluation, our principal executive officer and principal financial officer ~~has concluded~~haves concluded that our disclosure controls and procedures were effective as of October ~~April 30~~31, 2009.

It should be noted that any system of internal controls, however well designed and operated, can only provide reasonable, and not absolute, assurance that the objectives of the system are met. In addition, the design of any control system is based in part upon certain assumptions about the likelihood of future events. Because of these and other inherent limitations of control systems, there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions.

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(b) Changes in Internal Controls.

There were no significant changes in the Company’s internal ~~control~~controls over financial reporting or in other factors that ~~occurred~~could significantly affect these controls subsequent to the evaluation date that occurred in the most recent fiscal quarter, that have materially affected or are likely to materially affect, our internal control over financial reporting. Our management team will continue to evaluate our internal control over financial reporting throughout the year.

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PART II. OTHER INFORMATION

Item 1. Legal Proceedings

None.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

During the ~~nine~~three months ended ~~April~~October 3031, 2009, the Company sold common stock to three investors. The following table illustrates the dates of the transactions, the number of shares and the proceeds of the sale.

Date	Shares Issued		Cash Received	~~Cash Received~~
9/08/08		125,000		$	10,000
08/17/09	100,000		$6,000
0/01/08		62,500			5,000
09/04/09	200,000		10,000
04/08/09		240,000			12,000
09/12/09	100,000		6 000
04/09/09		200,000			12,000
	400,000		$ 22,000
4/19/09		100,000			5,000
		727,500		$	44,000

~~These~~We ~~securities~~relied on ~~were~~Section ~~offered~~4(2) ~~and~~of ~~sold~~the ~~without~~Securities Act of 1933 for exemption from the registration requirements ~~under~~of the Securities Act. Each ofinvestor ~~1933~~was infurnished with ~~reliance~~information ~~upon~~concerning ~~the~~our ~~exemption~~formation ~~provided~~and byoperations, ~~Section~~and ~~4(2)~~had ofthe opportunity to verify the ~~Securities~~information ~~Act,~~supplied and ask questions of Management. Additionally, ~~may~~we ~~not~~obtained bea ~~offered~~representation orfrom ~~sold~~each inof the ~~United~~acquiring ~~States~~persons inrepresenting their intent to acquire the ~~absence~~securities for the purpose of aninvestment ~~effective~~only, and ~~registration~~not ~~statement~~with ora ~~exemption~~view ~~from~~toward the ~~registration~~subsequent ~~requirements~~distribution ~~under~~thereof. Each of the certificates representing the common stock carries a legend restricting ~~Securities~~transfer ~~Act~~of the securities represented.

This Report on Form 10-Q is neither an offer to sell nor a solicitation of an offer to buy any of these securities. This portion of this report is being filed pursuant to and in accordance with rule 135c under the Securities Act.

Each investor was furnished with information concerning our formation and operations, and had the opportunity to verify the information supplied and ask questions of Management. Additionally, we obtained a representation from each of the acquiring persons representing their intent to acquire the securities for the purpose of investment only, and not with a view toward the subsequent distribution thereof. Each of the certificates representing the common stock carries a legend restricting transfer of the securities represented.

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Item 3. Defaults Upon Senior Securities

None

Item 4. Submission of Matters to a Vote of Security Holders

None

Item 5. Other Information

None

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Item 6. Exhibits and Reports on Form 8-K

(a)	Exhibits: The following exhibits are filed with this report:

31.1 Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 for Ronald L. Wilder dated ~~April~~December 814, 2009.

32.1 Certification pursuant to Section 906 of the Sarbanes Oxley Act of 2002 for Ronald L. Wilder, dated ~~April~~December 814, 2009.

(b) Reports on Form 8-K. State whether any reports on Form 8-K have been filed during the quarter for which this report is filed, listing the items reported, any financial statements files, and the dates of any such reports. ~~None~~

None

SIGNATURES

Pursuant to the requirements of ~~Section 13 or 15(d) of~~ the Securities Exchange Act of 1934, the ~~registrant~~ Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	TITAN TECHNOLOGIES, INC. (Registrant)
June 19, 2009	By:	/s/ Ronald L. Wilder
December 14, 2009
		Ronald L. Wilder, President, ChiefExecutive Officer, Chief Financial Officer and Chief Accounting Officer
	/s/ Ronald L. Wilder
	Ronald L. Wilder, President, Chief Executive Officer, Chief Financial Officer and Chief Accounting Officer.

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