AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON DECEMBER 15, 2006

                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  FORM 10-KSB

                                   (Mark One)
[X]     ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934

                   For the fiscal year ended August 31, 2006



                       Commission File Number 333-124284

                           CASCADE TECHNOLOGIES CORP
       -----------------------------------------------------------------
       (Exact name of small business issuer as specified in its charter)

       WYOMING                                               98-0440633
  -----------------------------			        -------------------
  (State or other jurisdiction                          (IRS Employer
   of incorporation)                                    Identification No.)



             Suite 1410 - 675 West Hastings Street, Vancouver, BC.
	     -----------------------------------------------------
                   (Address of principal executive offices)

                                (604) 307-3011
			  --------------------------
                          (Issuers telephone number)


Securities registered pursuant to Section 12(b) of the Act:

    Title of each class                Name of each exchange on which registered
    -------------------		       -----------------------------------------
           None                                          None



          Securities registered pursuant to Section 12(g) of the Act:
                           Common Stock, no par value
                                (Title of class)

   Indicate  by  check  mark  whether  the  registrant (1) has filed all reports
required to be filed by Section 13 or 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 if disclosure of delinquent  filers  pursuant  to Item
405 of Regulation S-K (Section 229.405 of this chapter) is not contained herein,
and  will not be contained, to the best of registrant's knowledge, in definitive
proxy  or  information  statements incorporated by reference in Part III of this
Form 10-K or any amendment to this Form 10-K.

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

       The Company recorded $nil revenues for its fiscal year ended August 31,
2006.


   The aggregate market value  of  voting  stock  held  by non-affiliates of the
registrant was $nil on our Company's year end August 31, 2006 and as of December
13, 2006.


   Number of shares outstanding of the registrant's class of common stock as of
our Company's year end and as of December 13, 2006 was 10,930,000.  Currently
there is no public market for the Company's shares. (See Item 5).


                      DOCUMENTS INCORPORATED BY REFERENCE

No  documents  are  incorporated  by  reference into this Report  except  those
Exhibits so incorporated as set forth in the Exhibit index.

Transitional Small Business Disclosure Format (Check one): Yes [   ] No [ X ]


<PAGE>


                               TABLE  OF CONTENTS

FORM 10-KSB

                                     Part I



Page
PART I
Item 1     Description of Business                                      3
Item 2     Description of Property                                      6
Item 3     Legal Proceedings                                            6
Item 4     Submission of Matters to a Vote of Security Holders          6

PART II
Item 5    Market for Common Equity, Related Stockholder Matters and
          Small Business Issuer Purchases of Equity Securities          6
Item 6    Management's Discussion and Analysis or Plan of Operation     8
Item 7    Financial Statements                                          11
Item 8    Changes in and Disagreements with Accountants on Accounting
       	  and Financial Disclosure                                      12
Item 8A	  Controls and Procedures                                       12
Item 8B	  Other Information                                             12

PART III
Item 9    Directors and Executive Officers of the Registrant            14
Item 10   Executive Compensation                                        15
Item 11   Security Ownership of Certain Beneficial Owners and
              Management and Related Stockholder Matters                15
Item 12   Certain Relationships and Related Transactions                17
Item 13   Exhibits                                                      17
Item 14   Principal Accountant Fees and Services			17






                                        2


<PAGE>
                           FORWARD LOOKING STATEMENTS


From time to time, we may publish forward-looking  statements  relative to such
matters  as  anticipated  financial  results, business prospects, technological
developments and similar matters.  The Private Securities Litigation Reform Act
of 1995 provides a safe harbor for forward-looking  statements.   The following
discussion  and analysis should be read in conjunction with the report  on  the
Financial Statements  and  the  accompanying  Notes to the Financial Statements
appearing  later  in  this report.  All statements  other  than  statements  of
historical fact included  in  this  Annual Report on Form 10-KSB are, or may be
deemed to be, forward-looking statements  within  the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section  21E of the Exchange Act of
1934, as amended.  Important factors that could cause  actual results to differ
materially from those discussed in such forward-looking statements include, but
are not limited to, the following: our current liquidity needs, as described in
our periodic reports; changes in the economy; our inability to raise additional
capital;  our  involvement  in potential litigation; volatility  of  our  stock
price;  the  variability  and timing  of  business  opportunities;  changes  in
accounting  policies  and practices;  the  effect  of  internal  organizational
changes;  adverse  state  and  federal  regulation  and  legislation;  and  the
occurrence of extraordinary  or  catastrophic events and terrorist acts.  These
factors and others involve certain  risks  and  uncertainties  that could cause
actual  results  or  events  to differ materially from management's  views  and
expectations.  Inclusion of any  information  or  statement in this report does
not necessarily imply that such information or statement  is  material.   We do
not  undertake  any  obligation to release publicly revised or updated forward-
looking information, and  such  information included in this report is based on
information currently available and may not be reliable after this date.



                                    PART I

ITEM 1.     DESCRIPTION OF BUSINESS.

Cascade Technologies Corp. ("Cascade",  "the  Company", "we", or "our Company")
was  incorporated  on  January  16,  2004  in the State  of  Wyoming  as  Akron
Technologies, Inc.  We changed our name to Cascade  Technologies Corp. on March
9,  2004.   We  have  recently commenced operations and we  currently  have  no
business revenue and no  significant  assets.   Our  company has never declared
bankruptcy, it has never been in receivership, and it  has  never been involved
in any legal action or proceedings.  Subsequent to incorporation,  Cascade  has
been  in  the developmental stage and has no operations to date.  Our principal
activities  have  only  consisted  of  the  issuance  of shares to our original
shareholders and an offering of 930,000 shares of our common stock to be resold
by  certain  selling  stockholders  at  $0.10  per  share to the  public  by  a
Registration  Statement  on  Form SB-2 under the Securities  Act  of  1933,  as
amended, investing a significant  amount  of  management  time  in creating and
developing  relationships  with  supplier  contacts in Southeast Asia  and  the
creation of our website, www.cascadetechnologies.net.

The  Company  files with the Securities and Exchange  Commission  periodic  and
current reports  under  Rule  13(a)  of  the  Exchange Act, including quarterly
reports on Form 10-QSB and annual reports on Form 10-KSB.

We  are  in  the  process of becoming an independent,  non-franchised  stocking
distributor who buys  and  sells semiconductors, electro-mechanical and passive
components from franchised and  non-franchised  distributors.   In  October  of
2005,  we  listed  20 different parts for sale on our website.  We have not had
any sales to date and  our  operations  have  been limited.  We plan to service
original equipment manufacturers ("OEM's) and maintenance,  repair and overhaul
customers  ("MRO's")  in  emerging  markets  around  the world including  North
America, Europe and Asia.  Our officers and directors  have a combined 40 years
of  sales  expertise  in the semiconductor industry.  Our business  concept  is
based on the following principles:

-      Knowing who produces or has produced which parts
-      Identifying where which parts are in stock
-      Negotiating market prices worldwide
-      A firm contract behind every order
-      24-hour delivery, including just in time

Generally, a non-franchised  stocking  distributor  is  one  who buys and sells
parts  independent  of  the  parts  manufacturer.   We  are  not  an authorized
distributor  for  the  parts  we  sell  nor  do  we  plan to engage in a formal
franchise  agreement  with any manufacturer.  As a non-franchised  distributor,
our customers are required  to  deal directly with us in relation to warranties
on defective parts and they will  not  have  any  rights or warranties with the
original  manufacturer  nor  with any franchised or non-franchised  distributor
from which we purchase parts.   However, we have negotiated with franchised and
non-franchised distributors warranty  agreements  we  believe  to be similar to
those  issued  by the manufacturer, based upon management's experience  in  the
industry, for the  return  of  defective  products.   Based  upon  management's
experience,  most  franchised  as  well  as  non-franchised  distributors offer
warranty  agreements similar to the manufacturer.  We intend to  only  purchase
products from  distributors  that  offer  this  type of warranty.  The warranty
agreements  are issued to us by the distributors with  the  full  understanding
that we will  be  reselling the components to third parties.  This allows us to
be able to offer our  customers  a similar warranty.  The terms of the warranty
given by our suppliers to us, and the warranty we can subsequently issue to our
customers is as follows: a one (1)  year  warranty,  from the date of purchase,
guaranteeing that the parts are in good working condition and are free from any
defects.   This  warranty  will  only  cover the cost of the  components.   The
warranty does not cover any labor costs  associated with assembling the product
or removing or replacing the defective component.   Furthermore,  the  warranty
will not cover parts damaged due to misuse or abuse by the purchaser.

PRINCIPAL PRODUCTS AND SERVICES

We  intend  to  provide a service of sourcing and provide electronic components
with a cost and delivery  that  meets  our  client's  budgets  and  deliveries.
Currently  we  have  no  clients  and  no  revenue.  We are targeting mid sized
original equipment manufacturers "OEM's" who  spend  between one to ten million
dollars on components a year.  We plan to advertise our  services  on  websites
such as Broker Forum (www.brokerforum.com) and Chip Source (www.chipsource.com)
in order to attract customers.  A potential customer would start the process by
calling  or e-mailing a specific requirement for a part or parts which includes
a quantity  and target price.  We would then consult our database of suppliers.
Upon consulting  the  database,  we would contact multiple suppliers to get the
best  price,  delivery, and quote for  the  customer.   Assuming  the  customer
accepts our quote,  we  would ask for a deposit in advance, ranging from 10% to
100%, based upon the credit  risk.   Upon receipt of the deposit, we would then
order  the parts from the supplier.  We  hope  to  establish  credit  with  the
suppliers  we  have in our database in order to expedite the process.  Upon our
receipt of the parts,  we  would  then  ship  them to our customer.  We plan on
including  a  profit margin on these sales based  upon  the  specifics  of  the
individual order,  including  the size of the order, the cost of the order, and
the general availability of the parts

                                        3

We intend to sell products from  over  100  different  manufacturers around the
world.   We  do  not  plan  on  purchasing  these  products directly  from  the
manufacturers, but from franchised and non-franchised  distributors.   We  may,
from time to time, purchase excess inventory from different OEM's who will sell
parts at a discount from time to time.  We have no immediate plans, however, to
purchase parts from OEM's at this discounted price.

The manufacturers from which we intend to source products generally have two or
three  authorized franchised distributors per continent.   In some cases, these
distributors  are  global  companies  and  have worldwide franchises from these
manufacturers.    In  Asia,  where  the  market is  much  more  competitive,  a
manufacturer may have five or six franchised  distributors  for their products.
Generally, these manufacturers try to discourage their franchised  distributors
from selling parts to non-franchised distributors as they feel it adds no value
in  the supply channel.  Ultimately, however, they cannot control to  whom  the
distributor  decides  to  sell  the parts to.  Most of the time, the franchised
distributor will sell to non-franchised distributors even though they are aware
that this non-franchised distributor  will turn around and sell the parts for a
profit.

At  the  present  time,  we  believe we have  secured  relationships  with  six
potential suppliers for future  sales,  four in China and two in Hong Kong.  We
have established verbal agreements with these  suppliers in regards to warranty
issues,  shipping  costs and issues, estimated response  times  on  quotes  for
parts, and pricing issues.  All agreements with suppliers presently are verbal.
Though we fully believe  these suppliers will honor the agreements, there is no
guarantee that they will,  nor  is  there  any  way  for  us  to  enforce  such
agreements.   In  2005,  our  President  in  his  trip to Asia met with various
representatives of these suppliers in China.  Due to  that  initial contact and
consistent proper follow-up by our Company over the last couple of months those
suppliers have had increasing confidence in us and are beginning now to be more
forthcoming in their warranty representations.  The Chinese business culture is
based  on  relationship  and  an  oral  or verbal tradition. Developing  strong
relationships with proper supply representatives  appears  to  be proving to be
one  of the potential strengths and advantages that our Company will  enjoy  to
its market  advantage.   Due  to our consistent relationship building effort we
have now for all suppliers negotiated  the  following  terms  in regards to the
warranties  which we can subsequently issue to our customers: a  one  (1)  year
warranty, from  the  date  of purchase, guaranteeing that the parts are in good
working condition and are free from any defects.  This warranty will only cover
the cost of the components.   The  warranty  does  not  cover  any  labor costs
associated  with  assembling the product or removing or replacing the defective
component.  Furthermore,  the  warranty  will  not  cover  parts damaged due to
misuse or abuse by the purchaser.  We believe this warranty is similar to those
issued  by  franchised  distributors  and  original  manufacturers   based   on
management's experience in the industry.  Based upon management's knowledge and
experience,  franchised  as  well  as non-franchised distributors almost always
obtain warranties from their distributors or from the original manufactures and
therefore can offer the same warranty  to  their  purchasers.  Nevertheless, we
will only purchase products from distributors that  directly offer us this type
of warranty.  As we are issuing the warranty directly  to  the  client based on
the  warranty  we have with supplier, there is a chance that the supplier  will
refuse or be unable  to  honor  the warranty.  Should that happen, we will bear
the risk and be responsible for the  replacements  costs of the defective parts
in their entirety.  In regards to shipping costs, Cascade  will  be responsible
for paying the costs to ship the purchased products to its Canadian office with
all six suppliers.  Cascade has also negotiated pricing terms for certain parts
with  all the suppliers, ranging from periods of three to six months.   At  the
expiration of the agreed upon time periods, the pricing terms are renegotiated.
These pricing  terms also include certain discounts for larger orders.  All six
suppliers have also  agreed  to  a  24  to  48 hour response time on quotes for
prices on parts that were not previously agreed upon.

We also plan on obtaining for inventory certain products if we can obtain those
products at a discount to the market value.   We  may  also  purchase parts for
inventory if we have retained a customer that has committed to place a three to
six scheduled order with us.

We have actually begun preliminary operations and have listed  twenty different
parts  for sale on our website (www.cascadetechnologies.net). We  have  already
negotiated the prices of these parts from our suppliers. The quantities we have
advertised are readily available to us for resale. At the present time, we have
decided not to list a specific price for these parts, and plan on negotiating a
fee with  a  potential  customer based on the quantity of parts the customer is
requesting.  We feel this will allow us to test the market prior to launching a
full advertising and sales campaign.


MARKETING STRATEGY

Cascade intends to focus  on  marketing  our services through various channels.
Currently,  we  have  subscribed  to  www.brokerforum.com,   a   website   that
specifically  targets  brokers  and  distributors of electronic components.  As
part of the subscription, we are allowed  to advertise sixty different for sale
items per month on their website.

We intend to advertise in Electronic Buyers  News  (EBN),  which  is  a  weekly
publication  that goes out to the electronics buying community throughout North
America.   In  addition  we  intend  to  advertise  our  own  inventory  and  a
comprehensive list  of  inventory  that  it  has  access to through three major
global web sites that are used to source components.   We  also  intend to take
out  advertisements  in  major  electronics  magazines  in Europe and Asia  and
exhibit in four major trade shows a year, two in North America,  one  in Europe
and  one  in Asia.  The advertisement on web sites is specifically designed  to
attract customers  from  Europe  and  Asia. We also plan on establishing an 800
number in early 2007 to aid us in the retention of new customers.

We  intend  to  register  and list our web  address  with  search  engines  and
directories such as Google, Yahoo, and WebCrawler.  We also plan to participate
in special interest mailing  lists to gain visibility among a targeted audience
and generate traffic for our web  site.   E-mail  messages  would  be  sent  to
specific  targeted  mailing  lists.   We  also  plan to participate in industry
related newsgroups to gain visibility and develop  relationships  with targeted
audiences.

Online commerce, however, has been characterized by rapid technological change,
evolving  industry  standards,  changes  in user and consumer requirements  and
preferences,  frequent  new  product and service  introductions  embodying  new
technologies and the emergence  of  new  industry  standards and practices that
could render our website obsolete.  We may experience  difficulties  that delay
or prevent our being able to respond to these changes.  The systems we  develop
may  also  be  affected by outages, delays and other difficulties due to system
failures of Internet  service  providers,  online  service  providers and other
website operators that control access to the Internet.  Any such  events  could
substantially harm our business.


COMPETITION

We  face  strong  competition  in  the  area of distribution of semiconductors,
electro-mechanical and passive components.   Most  of  our competitors are in a
far  better  market  position  than  we  are.   Some of the largest  franchised
distributors include Arrow Electronics based in New  York and Avnet Electronics
based in Phoenix.  Arrow Electronics and Avent Electronics  are  multi  billion
dollar  companies  with  offices  all  around  the  world  and  are  franchised
distributors  for  over  100  product  lines.   Some of the largest independent
private brokers include America II based in Florida. DERF Electronics and Harry
Krantz  Company,  both based out of New York.  Our  competitors  are  far  more
established in the industry and have access to far greater resources.


SOURCES AND AVAILABILITY OF PRODUCTS AND SUPPLIES

While the franchised distributor has established pricing with the manufacturers
that they represent,  it  may  not always be the best pricing.  Components from
manufacturers are often priced differently  in  different  geographic  regions.
However, in North America, components are generally similarly priced.  The only
exception  to  this  is  occasionally  components  may be priced a bit lower in
Northern  California  due  to the fact that some of the  largest  consumers  of
certain of these specific parts  are  headquartered  in  the  San Francisco Bay
area.  The price differences generally fluctuate between North  America,  Asia,
and Europe, with North America generally being the most expensive.

Many  local franchised distributors may be given a cost from a manufacturer  in
one geographic  region  that  might  be  higher  than in a different geographic
region for the same part.  Yet the franchised distributors'  contract  with the
manufacturer does not allow him take inventory from the geographic region where
the cost is cheapest and move it to his warehouse where he may be bound  with a
higher  cost.   It  is  management's  belief that 95% of the OEM's buying these
parts do not source parts globally, rather  they  continue  to  pay  the market
price for the part in their own geographic regions, and are missing out on cost
savings  if they source their parts globally.  What are some reasons why  these
OEM's don't  source  globally?   Management  believes many OEM's prefer to deal
with  North  American  sources,  as  they don't want  to  deal  with  the  time
differences of dealing with European and Asian sources.  Also, payment terms in
Asia often differ with those in North  America.   North  American vendors often
allow  for 45-day payment terms, while Asian vendors may be  asked  to  pay  in
advance  for  its  parts.   Management  also  believes there is also an ongoing
concern of counterfeit parts that are surfacing  in  Asia.  Management believes
that  these OEM's would be willing to deal with an independent  distributor  in
North America who procures parts from Europe and Asia and offers them terms, as
these brokers are the ones taking the risk of potentially procuring counterfeit
or used parts.

As an independent  distributor,  we will be forced to face the risks associated
in dealing with Asian and European  sources.  We therefore plan on taking steps
to manage those risks.  We have found  with  our continued involvement with the
Asian marketplace that one way of managing risks  with  Asian  suppliers  is to
establish  and  foster  close  working relationships with the managers of those
supply sources.  A lot of Asian  Chinese  suppliers have recently merged from a
Central government run economy that stressed  relationships  more than profits.
As  this  is  what  those  managers  are  accustomed  to,  we  have found  that
relationship  building is the most critical first step to supply  security  and
becoming a trusted distributor or operating within a supply source distribution
chain.  With our  continued  contact between our Company's management and those
supplier representatives, we have developed increasing loyalty from our initial
six  targeted  suppliers as to where  although  most  Asian  suppliers  require
payment before shipping  or require a deposit at the time of the order, we have
now been able to arrange verbal agreements with those suppliers in Asia so that
we will be able to obtain 30 day payment terms with no required deposit.  There
is no guarantee, however,  that we will be able to obtain these favorable terms
with other suppliers; however the Company continues to endeavor to develop more
and more supplier relationships.   Furthermore,  as  our agreements are verbal,
there is no guarantee that these suppliers will honor  our  agreements.  Should
we  be  unable  to  obtain  these  terms,  we may be forced to pay the  deposit
ourselves.  This may result in an eight to ten  week  period  where our deposit
will be tied up.

We  will also have to deal with the risks involved with purchasing  counterfeit
parts.  We plan on implementing steps to minimize this risk.  First, we plan on
buying  a  vast  majority  of  our  parts  directly  from the manufacturer or a
franchised distributor.  We believe this will greatly lessen, if not eliminate,
the  risk of purchasing counterfeit parts.  We also plan  on  taking  steps  to
insure  that  other  suppliers in our supply chain have purchased directly from
manufacturers or from  franchised  distributors.   For those suppliers that are
not the manufacturer or a franchised distributor, we  plan  on  negotiating  30
days terms with the supplier so that we have an opportunity to view and inspect
the  parts prior to purchase, and in some cases, allow our customers to install
the parts  prior  to  payment.   Despite implementing these steps, we may still
unwittingly purchase counterfeit parts,  which  we would not be able to resell.
Should this happen, the financial impact would be substantial as the components
in this industry have a high average selling price.   Such  occurrence  may, in
fact, cause our business to fail.


DEPENDENCE ON ONE OR A FEW MAJOR CUSTOMERS

This business is not the type of business that is, or can be, dominated by  one
or a small number of customers.

                                        4

PATENT, TRADEMARK, LICENSE & FRANCHISE RESTRICTIONS AND CONTRACTUAL OBLIGATIONS
& CONCESSIONS

There  are  no  inherent factors or circumstances associated with this industry
that we are aware  of,  or  any  of  the  products  or services that we plan to
provide,  that  would  give  cause  for  any  patent,  trademark   or   license
infringements  or  violations.   Our  Company  has  also  not  entered into any
franchise agreements or other contracts that have given, or could  give rise to
obligations or concessions.


EXISTING OR PROBABLE GOVERNMENT REGULATIONS

Compliance with EAR
---------------------------

As a majority of our purchases and sales will be subject to export,  we will be
subject to U.S. export administration regulations (also known as EAR).  The EAR
is  issued  by the U.S. Department of Commerce, Bureau of Industry and Security
(BIS) under laws  relating  to  the  control of certain exports, re-exports and
activities.   The EAR has been designed  primarily  to  implements  the  Export
Administration  Act  of 1979.  The core of the export control provisions of the
EAR  concerns  exports from  the  United  States.   Commodities,  software  and
technology that have been exported from the United States are generally subject
to the EAR with respect to re-export.  The export control provisions of the EAR
are intended to  serve the National Security, foreign policy, nonproliferation,
and short supply interests  of the United States and in some cases to carry out
its international obligations.   Some  controls are designed to restrict access
to dual use items by countries or persons  that  might apply such items to uses
inimical  to  U.S.  interests.  These include controls  designed  to  stem  the
proliferation of weapons of mass destruction and controls designed to limit the
military and terrorism support capability of certain countries

In order to export certain  items,  we  would  be required to obtain a license.
Licenses can be applied for at the Bureau of Industry and Security ("BIS") U.S.
Department of Commerce.  However, the ability to  successfully obtain an export
license is not guaranteed and is dependent upon various  factors, including the
country of export and the end use of the product.  A majority  of the rules and
regulations   involving   the   EAR   can   be   found   on  their  website  at
http://www.bxa.doc.gov/.

We  believe  that approximately 1 to 2 percent of products requested  from  our
customers may  require  a  license.   At this time, however, we plan on turning
down any orders that require a license  for export as we feel that filling such
orders is cost prohibitive and too time consuming.  Most of the components that
require  a  license to export are military  in  nature.   We  do  not  plan  on
marketing to,  or  soliciting  orders  from,  foreign  governments  or military
organizations that would purchase such components. We may receive requests  for
certain  components that are deemed "dual use" components.  Dual use components
are those  parts  that  have  both  a commercial as well as a military use.  An
example of dual use components includes  those  parts used in radar systems and
guidance  systems.  These parts may be restricted  for  export  and  require  a
license.  We  do  not expect the request for these components to be more than 1
to 2 percent of our  total  opportunities.   At  this  time,  we do not plan on
filling  these  orders.   We  believe our decision not to source products  that
require a license will have minimal impact on our business.


COMPLIANCE WITH ENVIRONMENTAL LAWS

We believe that there are environmental  regulations  in  place as of July 2006
that  may  impact  our  business.   Listed  below  is  a brief summary  of  the
environmental regulations.  The majority of these regulations  concern  the use
of lead in the production of electronic components and systems.

The following key regulatory activities are driving the move to lead free
parts.

       The  European Council Directive on "Waste from Electrical and Electronic
Equipment" (WEEE)  proposes  restrictions  on  the  use  of  lead  among  other
materials in electronic products.  On October 10, 2002 the European Council and
European  Parliament  reached an agreement to set a target date of July 1, 2006
for a ban on hazardous materials including lead.

       In  addition  to the  Environmental  Directorate's  two  proposals,  the
Enterprise Directorate  has  released  a  draft  for a new directive concerning
Electrical and Electronic Equipment (EEE).  The Enterprise Directorate believes
this document offers a new approach in addressing  materials  currently used in
electrical and electronic equipment that the WEEE might consider banning.


The Japanese Ministry of International Trade has set the following targets:

       In April of 1997, the amount of Pb used for automobiles, except for
batteries:

       End of 2000, be reduced "to half compared to 1996 by the end of 2000".

       End of 2005, be reduced to one third.

       Introduced legislation promoting the recycling of household electric
       appliances, to reclaim all Pb used, starting in 2001.


Household electric appliances manufacturers are already working towards the
creation of completely Pb Phase-out products.

U.S. EPA announced on July 29, 1999, a proposed rule to drastically lower
reporting thresholds for Pb and Pb compounds to the Toxic Release Inventory
from 10,000 lbs. to 10 lbs.

These regulations may impact us should we purchase lead products that we are
unable to sell because of the implementation of these regulations.


EMPLOYEES

Our  company  has  no  employees at the present time. Our President  and  Board
Members are responsible  for  all  planning, developing and operational duties,
and will continue to do so throughout the early stages of our growth.

We have no intention of hiring employees,  except as set out in our prospectus,
until  the  business has been successfully launched  and  we  have  sufficient,
reliable sales  revenue  flowing into the Company. Human resource planning will
be  part  of  an ongoing process  that  will  include  constant  evaluation  of
operations and revenue realization.

Our President and  Board  Members presently devote only a portion of their time
to the operation of our business (See Item 10).

                                        5

ITEM  2.     DESCRIPTION OF PROPERTY.

The Company's maintains a leased  office  at  Suite  1410  -  675 West Hastings
Street, Vancouver, B.C., Canada.  The term of the lease is for  six months with
an option to renew for an additional six months.  The monthly rent  is  $600.00
USD.

We  do  not  own  facilities of any kind.  At present we are operating from our
official address located at the address given above.  The Company believes this
office is sufficient  for current operations, but hopes to seek a larger office
sometime in 2007.  We will  continue to use our present space for our executive
offices for the foreseeable future.

We do not have any plants and have minimal equipment for the operation of our
office.

We do not intend to invest in real estate.


ITEM 3.     LEGAL PROCEEDINGS.

None.


ITEM 4.     SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

We have not held a stockholders  meeting  or  submitted  matters  to  a vote of
stockholders during the fourth quarter of fiscal 2006.



                                    PART II



ITEM 5.      MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS.

No market currently exists for our securities and there is no assurance  that a
regular  trading  market  will  develop,  or  if  developed,  that  it  will be
sustained.  We will be attempting to have our shares listed for trading on  the
Bulletin Board  owned by the National Association of Securities Dealers, Inc. A
shareholder  in all  likelihood,  therefore,  will  be  unable  to  resell  the
securities referred to herein should he or she desire to do so. Furthermore, it
is unlikely that  a  lending  institution will accept our securities as pledged
collateral for loans unless a regular trading market develops.

We have no outstanding options  or  warrants,  or  other securities convertible
into, common equity. Of the 10,930,000 shares of common stock outstanding as of
the  Company  year  end August 31, 2006 and of December  13,  2006,  10,000,000
shares were owned by  our  officers  and  directors,  and may only be resold in
compliance with Rule 144 of the Securities Act of 1933.

At Company year end and December 13, 2006, there were 51 holders of record.


                                        6

DIVIDENDS

We have not declared any cash dividends, nor do we intend  to do so. We are not
subject to any legal restrictions respecting the payment of  dividends,  except
that they may not be paid to render us insolvent. Dividend policy will be based
on  our  cash resources and needs and it is anticipated that all available cash
will be needed for our operations in the foreseeable future.

SEC RULE 15G

Our Company's  shares are covered by Section 15g of the Securities Act of 1934,
as  amended  that   imposes   additional   sales   practice   requirements   on
broker/dealers  who  sell  such  securities  to  persons other than established
customers  and  accredited  investors (generally institutions  with  assets  in
excess of $5,000,000 or individuals  with  net worth in excess of $1,000,000 or
annual income exceeding $200,000 or $300,000  jointly with their spouses).  For
transactions  covered  by  the  Rule, the broker/dealer  must  make  a  special
suitability determination for the  purchase  and  have received the purchaser's
written agreement to the transaction prior to the sale.  Consequently, the Rule
may affect the ability of broker/dealers to sell our  securities  and  also may
affect your ability to sell your shares in the secondary market.

Section   15g   also   imposes   additional   sales  practice  requirements  on
broker/dealers  who  sell  penny securities. These  rules  require  a  one-page
summary of certain essential  items. The items include the risk of investing in
penny stocks in both public offerings  and secondary marketing; terms important
to in understanding of the function of the  penny  stock  market, such as "bid"
and  "offer"  quotes,  a  dealers "spread" and broker/dealer compensation;  the
broker/dealer  compensation,   the  broker/dealers  duties  to  its  customers,
including the disclosures required  by  any other penny stock disclosure rules;
the  customers  rights  and  remedies  in  causes   of  fraud  in  penny  stock
transactions; and, the NASD's toll free telephone number and the central number
of  the  North  American  Administrators Association, for  information  on  the
disciplinary history of broker/dealers and their associated persons.


RECENT SALES OF UNREGISTERED SECURITIES

The following is a history  of  our  sales  of unregistered securities since our
incorporation on January 16, 2004.

On  March 9, 2004, Mr. Bruce Hollingshead, President  and  a  Director  of  our
Company,  purchased  5,000,000  shares  of  our  common  stock for $500.00, Ms.
Christine Thomas, Secretary/Treasurer and a Director of our  Company, purchased
2,500,000 shares of our common stock for $250.00, and Ms. Shannon MacQuarrie, a
Director  of  our Company, purchased 2,500,000 shares of our common  stock  for
$250.00.  Mr. Hollingshead,  Ms.  Thomas  and  Ms.  MacQuarrie  continue  to be
subject to Rule 144 of the Securities Act of 1933.

During  the  period  from August 1, 2004 to August 31, 2004, a private offering
was  completed, under which  930,000  shares  of  common  stock  were  sold  by
subscription  at  a  price  of  $.10  per  share for a total of  $93,000, to 48
subscribers.   The securities were sold in reliance  on  Regulation  S  of  the
Securities Act of  1933,  as  amended.   These  shares were issued based on the
following  facts: (1) the subscribers were not U.S  persons  as  that  term  is
described under  Regulation  S;   (2)  the  subscribers agreed not to engage in
hedging activities with the securities unless  in  compliance with Regulation S
of  the  Securities  Act  of  1933;  (3) the subscribers  have  agreed  to  the
imposition  of a restrictive legend  on  the  face  of  the  stock  certificate
representing its shares, to the effect that it will not resell the stock unless
its shares are  registered  or an exemption from registration is available; (4)
the  subscribers  agreed  to  sell  the  securities  only  in  accordance  with
Regulation  S, or until such time  that the shares are validly registered.  All
of the subscribers are friends, relatives,  or  business  associates  of one or
more of the Directors of the Company.

No underwriters were used, and no commissions or other remuneration was paid
except to the company for any of the above noted.


DESCRIPTION OF SECURITIES

COMMON STOCK

We are authorized to issue up to 50,000,000 shares of Common Stock with  no  par
value.  The  holders of our Common Stock are entitled to one vote per share held
and have the sole  right  and  power  to  vote on all matters on which a vote of
stockholders is taken. Voting rights are non-cumulative.  The  holders of Common
Stock are entitled to receive dividends when, as, and if declared  by  the Board
of Directors, out of funds legally available therefore and to share pro  rata in
any  distribution to stockholders. Upon liquidation, dissolution, or the winding
up of  our  company, the holders of the Common Stock are entitled to receive the
net assets of  the Company in proportion to the respective number of shares held
by them after payment  of  liabilities  which may be outstanding. The holders of
Common Stock do not have any preemptive right  to  subscribe for or purchase any
shares of any class of stock of the Company. The outstanding  shares  of  Common
Stock  will not be subject to further call or redemption and are fully paid  and
non-assessable.

STOCK PURCHASE WARRANTS

None.

STOCK PURCHASE OPTIONS

None.


DIVIDENDS

We have  not  paid  any  cash dividends since inception. We do not intend to pay
cash dividends in the foreseeable future, but intend to retain earnings, if any,
for use in our business operations.


                                        7


ITEM 6.     MANAGEMENT DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

We have not generated any  revenues  from products, services or operations since
the inception of our Company. The foregoing analysis should be read jointly with
the financial statements, related notes,  and the cautionary statement regarding
forward-looking statements, which appear elsewhere in this filing.

PLAN OF OPERATION FOR THE NEXT TWELVE MONTHS

Our  future  operations are dependent upon the  identification  and  successful
completion of  additional  long-term or permanent equity financing, the support
of creditors and shareholders,  and,  ultimately, the achievement of profitable
operations.  There can be no assurances that we will be successful, which would
in turn significantly affect our ability  to  roll  out  our business plan.  If
not, we will likely be required to reduce operations or liquidate  assets.   We
will  continue to evaluate our projected expenditures relative to our available
cash and  to seek additional means of financing in order to satisfy our working
capital and other cash requirements.

We have commenced  with  the development of a corporate identity package, which
consists  of  a  unique  and distinctive  identifying  mark,  or  logo,  and  a
background and typeface color  scheme  for use in both printed material such as
stationery, business cards and sales material,  as well as for use on Cascade's
website.

We have and continue to invest significant amounts  of  Officers  and Directors
time  and  effort in establishing, maintaining and developing ties to  supplier
contacts within  Asia.  These ties as they develop and strengthen will allow us
to source a greater and greater line of products to sell.

During the first stages of the Company's growth the Officers and Directors will
provide all the labor  required  to operate the website at no charge.  Since we
intend to operate with very limited  administrative  support,  the Officers and
Directors  will  continue to be responsible for these duties for at  least  the
first year of operations.

How long Cascade will  be able to satisfy its cash requirements, and whether we
will require additional  outside  funding  in the next twelve months depends on
how quickly our company can generate sales revenue  and how much revenue can be
generated.

Our  ability  to succeed is uncertain because we currently  have  no  operating
history upon which  to  base  our  growth  projections.  We expect, however, to
experience  significant  growth when we are operational,  and  anticipate  such
growth will continue for the foreseeable future.

Our growth may place a significant  strain  on  our  managerial, financial, and
operational resources.  Failure to manage our growth effectively could harm our
ability  to  generate  revenues,  which  could impair our ability  to  compete,
market, and promote our services.

Cash on hand is currently our only source  of  liquidity.  We  do  not  have any
lending arrangements in place with banking or financial institutions and  we  do
not  anticipate that we will be able to secure these funding arrangements in the
near future.

We believe  our  existing  cash  balances  are  sufficient  to  carry our normal
operations for the next twelve months, before any cash requirements  that may be
needed  for any further acquisitions or new business ventures, should we  decide
to pursue  same,  which may accelerate our need to raise additional cash. To the
extent that we require  additional  funds  to  support  our  operations  or  the
expansion of our business, we may sell additional equity or issue debt. Any sale
of  additional  equity  securities  will result in dilution to our stockholders.
There  can  be no assurance that additional  financing,  if  required,  will  be
available to our company or on acceptable terms.

We do not anticipate  making  any  major purchases of capital assets in the next
twelve months, or conducting any research and development. Our current corporate
employee count is expected to remain the same for the next 12 months.


                                        8

QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK

We  believe  our  market  risk exposures  arises  primarily  from  exposures  to
fluctuations in interest rates  and  exchange rates.  We presently only transact
business in Canadian and U.S. Dollars.   We  believe that the exchange rate risk
surrounding  the  future  transactions of the Company  will  not  materially  or
adversely affect our future  earnings.   We  do  not  use  derivative  financial
instruments to manage risks or for speculative or trading purposes.

NEW ACCOUNTING STANDARDS

Accounting  standards  that  have  been issued or proposed by the FASB or other
standards-setting bodies that do not  require  adoption until a future date are
not  expected  to  have  a  material  impact on the financial  statements  upon
adoption.

CRITICAL ACCOUNTING POLICIES

The SEC issued Financial Reporting Release No. 60, "Cautionary Advice Regarding
Disclosure about Critical Accounting Policies" ("FRR 60"), suggesting companies
provide additional disclosure and commentary  on their most critical accounting
policies.  In FRR 60, the SEC defined the most  critical accounting policies as
the  ones that are most important to the portrayal  of  a  company's  financial
condition  and  operating  results,  and  require  management  to make its most
difficult  and  subjective  judgments,  often as a result of the need  to  make
estimates of matters that are inherently  uncertain.   Based on this definition
and based on our current status as a development stage company,  Cascade's most
critical  accounting  policies  include  the  valuation  of intangibles,  which
affects   their  amortization  and  impairment  calculations  and   stock-based
compensation.   The  methods,  estimates and judgments Cascade uses in applying
these  most critical accounting policies  have  a  significant  impact  on  the
results it reports in its financial statements.

LONG-LIVED  ASSETS - Long-lived assets are periodically reviewed for impairment
by comparing  the  carrying  amount  of  the  assets  with their estimated fair
values.  If the evaluation indicates that the carrying  amount of the asset may
not be recoverable, the potential impairment is measured  based  on a projected
discounted  cash  flow method, using a discount rate that is considered  to  be
commensurate with the risk inherent in our current business model.  Assumptions
are made with respect  to  cash  flows  expected to be generated by the related
assets  based upon updated projections.  Any  changes  in  key  assumptions  or
market conditions  could  result  in  an  unanticipated impairment charge.  For
instance, in the event of a major market downturn,  certain component sales may
become unprofitable, which could result in a write-down  of  the carrying value
of  the  assets  located  in inventory.  Any impairment would be recognized  in
operating results if a permanent reduction were to occur.


                                        9

INTANGIBLE ASSET VALUATION  -  The  determination  of the fair value of certain
acquired assets and liabilities is subjective in nature  and often involves the
use of significant estimates and assumptions.  Determining  the fair values and
useful lives of intangible assets especially requires the exercise of judgment.
We may use our common stock to acquire assets and will probably  use the Black-
Scholes  valuation  method  to determine a valuation for the stock used  in  an
acquisition.  The Black-Scholes valuation method calculates a volatility factor
for the stock price and extrapolates  a  valuation  using these criteria.  This
valuation method has generally proven effective for companies  with established
markets  for  their  common  stock;  however, due to the lack of an established
trading market for our common stock, in  the  opinion  of  management, this may
result in an unduly high valuation for the stock.

OFF-BALANCE SHEET ARRANGEMENTS

We do not have any material off-balance sheet arrangements.

                                        10


ITEM 7.      FINANCIAL STATEMENTS

The financial statements required by this Item begin on Page  F-1  of this Form
10-KSB, and include:

-  the report of independent accountants

-  balance sheet as of August 31, 2006

-  statements of operations, cash flows and stockholders' deficiency for
   January 16, 2004 (incorporation date) to August 31, 2006

-  notes to the financial statements

                                        11

ITEM 8.     CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE.

None.

ITEM 8A:     CONTROLS AND PROCEDURES

Our  President  and  Chief Executive Officer, and Chief Financial Officer  (the
"Certifying  Officers")   are  responsible  for  establishing  and  maintaining
disclosure controls and procedures for the Company.

(a)  Evaluation of Disclosure Controls and Procedures

Disclosure controls and procedures  are  designed  to  ensure  that information
required to be disclosed in the reports that are filed or submitted  under  the
Exchange  Act  is recorded, processed, summarized and reported, within the time
periods specified  in the Securities and Exchange Commission's rules and forms.
Disclosure controls  and  procedures  include, without limitation, controls and
procedures designed to ensure that information  required to be disclosed in the
reports that are filed under the Exchange Act is  accumulated  and communicated
to  management,  including  the principal executive officer, as appropriate  to
allow timely decisions regarding required disclosure.  Under the supervision of
and with the participation of  management,  including  the  principal executive
officer,  the  Company  has  evaluated  the  effectiveness  of  the design  and
operation of its disclosure controls and procedures as of August 31, 2006, and,
based  on  its  evaluation, our principal executive officer has concluded  that
these controls and procedures are effective.

(b)  Changes in Internal Controls

There have been no significant changes in internal controls or in other factors
that could significantly  affect  these  controls subsequent to the date of the
evaluation described above, including any  corrective  actions  with  regard to
significant deficiencies and material weaknesses.

                                        12

ITEM 8B:     OTHER INFORMATION

Pursuant to General Instruction B of Form 8-K, any reports previously or in the
future   submitted  under  Item  2.02  (Results  of  Operations  and  Financial
Condition)  are  not  deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act  of  1934  and  the  Company  is  not  subject  to  the
liabilities  of  that  section, unless the Company specifically states that the
information is to be considered  "filed" under the Exchange Act or incorporates
it by reference into a filing under  the  Securities Act or Exchange Act.  If a
report on Form 8-K contains disclosures under  Item  2.02,  whether  or not the
report contains disclosures regarding other items, all exhibits to such  report
relating  to  Item  2.02  will  be  deemed furnished, and not filed, unless the
registrant  specifies, under Item 9.01  (Financial  Statements  and  Exhibits),
which exhibits, or portions of exhibits, are intended to be deemed filed rather
than furnished pursuant to this instruction.  The Company is not incorporating,
and will not  incorporate,  by  reference these reports into a filing under the
Securities Act of 1933, as amended, or the Exchange Act of 1934, as amended.


                                        13

                                   PART III


ITEM 9.     DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS, CONTROL PERSONS AND
CORPORATE GOVERNANCE; COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT.

The following table sets forth the names, ages and positions of the current
directors and executive officers of the Company:

       Name                      Age                 Offices Held
       ------------------	 ---		     -------------------
       Bruce Hollingshead         36                 Director, President
       Christine Thomas           58                 Director,
						     Secretary/Treasurer
       Shannon MacQuarrie         43                 Director

BRUCE HOLLINGSHEAD, PRESIDENT AND DIRECTOR

Bruce Hollingshead is the incorporator and has served as President and Director
of  Cascade  since  its inception.   Mr.  Hollingshead  has  fifteen  years  of
extensive experience  with  semiconductor  companies  and  start-ups in Canada.
Included in his experience are a variety of senior sales positions  in  the top
three global distribution companies of semiconductor products.  From June  2000
to  March  2003,  Mr.  Hollingshead  was a Project Manager for Pioneer Standard
Electronics, a company based in Ohio.   His  duties included the negotiation of
prices  of  10  different key product lines with  factories  on  behalf  of  50
different customers.  From March 2003 to the present, Mr. Hollingshead has held
the position of Strategic  Account  Manager with Future Electronics, a Canadian
company.  His current responsibilities  include  managing  the South East Asian
market as well as other emerging accounts.  Mr. Hollingshead  attended  Douglas
College  in  New  Westminster,  B.C.  for  two years before leaving to pursue a
career in the semiconductor industry.  As President  of  our  company,  he  has
assumed  the  leadership  role  and  accepted  overall  responsibility  for the
development  of  the  Company.   Mr. Hollingshead currently spends about thirty
hours  a week doing Cascade work. He  will  continue  to  make  our  company  a
priority and devote whatever time is necessary to make the business a success.

Mr. Hollingshead is not an officer or director of any other public company that
files annual,  quarterly and periodic reports with the United States Securities
and Exchange Commission.

CHRISTINE THOMAS, SECRETARY/TREASURER AND DIRECTOR

Christine Thomas  has  over  twenty-five years experience in the semiconductor,
passive and electro-mechanical  industry.   Ms.  Thomas has held various senior
sales positions within the top 10 semiconductor distribution  companies  in the
world   including   Avnet,  Wyle  Electronics,  Anthem  Electronics  and  Arrow
Electronics.  From July  of  1998  till February of 2003, Ms. Thomas acted as a
Sales Executive with Pioneer Standard  Electronics,  a  company  based in Ohio.
From  March of 2003 to the present, Ms. Thomas has held the position  of  Sales
Executive  with  Arrow  Electronics,  an  electronics  distributor  in  British
Columbia  and  Alberta.  Ms. Thomas is currently devoting approximately twenty-
five hours a week on Cascade responsibilities.

Ms. Thomas is not an officer or director of any other public company that files
annual, quarterly  and  periodic  reports with the United States Securities and
Exchange Commission.

SHANNON MACQUARRIE, DIRECTOR

Shannon MacQuarrie has fifteen years  of experience in the brokerage securities
business with several different companies.   The  last  two  companies that she
worked  for  were  Midland  Walwyn,  now  CIBC  Wood Gundy, and First  Marathon
Securities, now National Bank.  In working with these  companies Ms. MacQuarrie
has held several different positions in the securities department  and  trading
department.   From 2000 to the middle of 2002, Ms. MacQuarrie was self-employed
as an independent  investor.   From  2002 to present, Ms. MacQuarrie has been a
part owner and manager/administrator for  SRM  Enterprises  Inc,  a real estate
development  Company.   Also,  since  2002, Ms. MacQuarrie has consulted  as  a
manager/administrator  for  Buena  Vista  Properties   Inc.,   a   real  estate
development Company.  She is currently devoting about twenty-five hours  a week
to our business.

Ms.  MacQuarrie  is  not  an  officer or director of any other reporting public
company that files annual, quarterly  and  periodic  reports  with  the  United
States Securities and Exchange Commission.


AUDIT COMMITTEE FINANCIAL EXPERT

We  currenly  do not have an audit committee financial expert, or an independent
audit committee expert on our Board of Directors.


COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT

Not applicable.


CODE OF ETHICS

We have not yet prepared written code of ethics and employment standards for our
company. We have only recently commenced operations.

                                        14

ITEM 10.     EXECUTIVE COMPENSATION.

The Executive Officers  did  not  receive  any compensation for our fiscal year
ended August 31, 2006, and we did not accrue  any  compensation.   There are no
securities authorized for issuance under any equity compensation plan,  or  any
options, warrants, or rights to purchase our common stock.

   COMPENSATION OF DIRECTORS

We  do  not  compensate  our  directors  for  their  time spent on behalf of our
company, but they are entitled to receive reimbursement  for  all  out of pocket
expenses incurred for attendance at our Board of Directors meetings.

PENSION AND RETIREMENT PLANS

Currently,  we  do not offer any annuity, pension or retirement benefits  to  be
paid to any of our officers, directors or employees, in the event of retirement.
There are also no  compensatory  plans  or  arrangements  with  respect  to  any
individual  named  above  which  results  or  will  result from the resignation,
retirement or any other termination of employment with  our  company,  or from a
change in the control of our company.

EQUITY COMPENSATION PLAN INFORMATION

We do not currently have an equity compensation plan.

EMPLOYMENT AGREEMENTS

We do not have written employment agreements with any of our key employees.

AUDIT COMMITTEE

Presently  the  Board  of  Directors  is  serving as the Audit Committee of our
Company.   We  intend  to  form a separate audit  committee,  and  are  seeking
potential  independent  directors.    We   have  initialized  discussions  with
experienced businesspeople and plan to appoint  an  individual  qualified as an
audit committee financial expert.


ITEM 11.     SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND
RELATED STOCKHOLDER MATTERS

The following table sets forth certain information, as of the Company  year end
August  31,  2006  and  as  of  December  13,  2006  with respect to any person
(including  any  "group",  as  that  term is used in Section  13(d)(3)  of  the
Securities Exchange Act of 1934, as amended  (the "Exchange Act")) who is known
to the Company to be the beneficial owner of more  than  5% of any class of the
Company's  voting  securities, and as to those shares of the  Company's  equity
securities beneficially  owned  by each its director, the executive officers of
the company and all of its directors  and executive officers of the Company and
all of its directors  and executive officers  as  a  group.   Unless  otherwise
specified  in  the  table below, such information, other than information  with
respect to the directors  and  officers of the Company, is based on a review of
statements   filed,  with  the  Securities   and   Exchange   commission   (the
"Commission")  pursuant  to Sections 13 (d), 13 (f), and 13 (g) of the Exchange
Act with respect to the Company's  Common  Stock.   As  of the Company year end
August  31, 2006 and as of December 13, 2006, there were 10,930,000  shares  of
Common Stock outstanding.

                                        15

The number  of  shares  of  Common  Stock  beneficially owned by each person is
determined  under  the  rules of the Commission  and  the  information  is  not
necessarily indicative of  beneficial  ownership  for any other purpose.  Under
such rules, beneficial ownership includes any shares  as  to  which such person
has sole or shared voting power or investment power and also any  shares  which
the  individual  has the right to acquire within 60 days after the date hereof,
through the exercise  of  any  stock  option,  warrant  or other right.  Unless
otherwise  indicated,  each  person has sole investment and  voting  power  (or
shares such power with his or  her spouse) with respect to the shares set forth
in the following table.  The inclusion herein of any shares deemed beneficially
owned does not constitute an admission of beneficial ownership of those shares.

The table also shows the number  of shares beneficially owned as of the Company
year end and as of December 13, 2006  by  each  of the individual directors and
executive officers and by all directors and executive officers as a group.


                                              	Amount and
                                              	Nature of
Title of                                      	Beneficial  	Percent
 Class    Name and Address of Beneficial Owner  Ownership  	of Class
--------  ------------------------------------	------------	--------
Common    Bruce Hollingshead                   	5,070,000(1)   	46.38%
          Director, President
          1346 Honeysuckle Lane
          Coquitlam, British Columbia, V3E 2N6

Common    Christine Thomas                      2,500,000     	22.88%
          Director, Secretary/Treasurer
          1215 Lansdowne Drive, Suite 410
          Coquitlam, British Columbia, V3E 2P2

Common    Shannon MacQuarrie                   	2,557,500(2)   	23.39%
          Director
          709 Carleton Drive
          Port Moody, BC, V3H 3K7

Common    Directors and officers as a group (3) 10,127,500    	92.66%


(1) 70,000 shares are held by Robyn Hollingshead, the wife of Bruce
Hollingshead
(2) 57,500 shares are held by Ray Merry, the husband of Shannon MacQuarrie.

Percent  of  Ownership  is  calculated in accordance  with  the  Securities  and
Exchange Commission's Rule 13(d) - 13(d)(1)

                                        16

ITEM 12.     CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR
INDEPENDENCE

The following table lists all  stock  transactions  between our Company and our
Directors and Officers from January 16, 2004 or the date  of  incorporation, to
the date hereof.   All share purchases were paid for in cash.


Stock Purchaser's 	Date of Purchase  Total Number of 	Consideration
       Name                       	  Shares Purchased    	    Paid
------------------	----------------  ----------------	-------------
Bruce Hollingshead 	March 9, 2004     5,000,000       	$   500
Christine Thomas   	March 9, 2004     2,500,000       	$   250
Shannon MacQuarrie 	March 9, 2004     2,500,000       	$   250
      TOTAL                          	  10,000,000      	$ 1,000




ITEM 13.     EXHIBITS

 (A)   EXHIBIT INDEX

EXHIBITS HAVE BEEN OMITTED FROM THIS COPY.  COPIES OF EXHIBITS  MAY BE OBTAINED
FROM CASCADE TECHNOLOGIES CORP. (THE "COMPANY") UPON REQUEST AND PAYMENT OF THE
COMPANY'S COSTS IN FURNISHING SUCH COPIES.  COPIES MAY ALSO BE DOWNLOADED  FROM
EDGAR AT THE SECURITIES AND EXCHANGE COMMISSION WEBSITE.  (The foregoing is not
applicable to the original[s] hereof.)


   3.1       Articles of Incorporation*
   3.2       By-laws*
   2         Letter Agreement for Office Space Rental dated May 1, 2006*
   31.1      ss 302 Certification of Chief Executive Officer
   31.2      ss 302 Certification of Chief Financial Officer
   32.1      ss 906 Certification of Chief Financial Officer and Chief
             Executive Officer

*      Incorporated by referenceto our SB2 Registration Statement Amendment 7
filed on May 23, 2006, SEC File Number 333-124284.

(B)    REPORTS ON FORM 8-K

       None.


ITEM 14.     PRINCIPAL ACCOUNTANT FEES AND SERVICES

AUDIT  FEES - The aggregate fees billed as of August 31, 2006, for professional
services  rendered by the Company's accountant was approximately $10,175.00 for
the audit of  the  Company's  annual  financial  statements for the fiscal year
ended August 31, 2006, including quarterly reviews.  The  Company's  accountant
billed  approximately  $5,750.00 for the audit of fiscal year ended August  31,
2005.

AUDIT-RELATED FEES - None.

TAX FEES - None for 2006 or 2005.

ALL OTHER FEES - Other than the services described above, no other fees were
billed for services rendered by the principal accountant during fiscal 2006 or
fiscal 2005.

AUDIT COMMITTEE POLICIES AND PROCEDURES - Not applicable.

If greater than 50 percent,  disclose  the  percentage of hours expended on the
principal   accountant's  engagement  to  audit  the   registrant's   financial
statements for  the  most  recent  fiscal  year  that  were  attributed to work
performed by persons other than the principal accountant's full-time, permanent
employees - Not applicable.

                                        17


                           CASCADE TECHNOLOGIES CORP.
                          (A DEVELOPMENT STAGE COMPANY)


                              FINANCIAL STATEMENTS


                                 AUGUST 31, 2006
                            (STATED IN U.S. DOLLARS)



                                      INDEX



INDEPENDENT AUDITORS' REPORT                                         F-2

BALANCE SHEET as at AUGUST 31, 2006                                  F-3

STATEMENT OF LOSS
             for the period ended AUGUST 31, 2006                    F-4

STATEMENT OF CASH FLOWS
             for the period ended AUGUST 31, 2006                    F-5

STATEMENT OF STOCKHOLDERS' EQUITY
             for the period ended AUGUST 31, 2006                    F6

NOTES TO FINANCIAL STATEMENTS                                        F-7- F-9



                                      F-1
<PAGE>

                        DE JOYA GRIFFITH & COMPANY LLC
                  CERTIFIED PUBLIC ACCOUNTANTS & CONSULTANTS
                          2580 ANTHEM VILLAGE PARKWAY
                            HENDERSON, NEVADA 89052


            REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM




To the Board of Directors
Cascade Technologies, Corp.
(A Development Stage Company)
Port Moody, British Columbia, Canada

We  have  audited the accompanying balance sheet of Cascade Technologies, Corp.
(A Development  Stage Company) as of August 31, 2006 and the related statements
of operations, stockholders'  equity, and cash flows for the years ended August
31, 2006, 2005, and from January 16 2004 (Date of Inception) through August 31,
2006.  These financial statements  are  the  responsibility  of  the  Company's
management.  Our  responsibility  is  to  express an opinion on these financial
statements based on our audit.

We  conducted  our audit in accordance with standards  of  the  Public  Company
Accounting Oversight  Board  (United  States).  Those standards require that we
plan  and perform the audit to obtain reasonable assurance  about  whether  the
consolidated  financial  statements are free of material misstatement. An audit
includes  examining, on a test  basis,  evidence  supporting  the  amounts  and
disclosures  in  the financial statements. An audit also includes assessing the
accounting principles  used  and  significant  estimates made by management, as
well as evaluating the overall consolidated financial  statement  presentation.
We believe that our audit provides a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present  fairly,  in
all material respects, the financial position of Cascade Technologies, Corp. (A
Development  Stage  Company)  as  of  August  31,  2006, and the results of its
operations and cash flows for the year ended August  31,  2006,  2005, and from
January 16 2004 (Date of Inception) through August 31, 2006 in conformity  with
accounting principles generally accepted in the United States.



/s/ De Joya Griffith & Company, LLC
De Joya Griffith & Company, LLC
December 14, 2006
Henderson, Nevada



         Telephone (702) 563-1600  {circle}  Facsimile (702) 920-8049


                                      F-2






<TABLE>
<CAPTION>


			CASCADE TECHNOLOGIES, CORP.
		       (A DEVELOPMENT STAGE COMPANY)
			       BALANCE SHEET
			      AUGUST 31, 2006



<S>							<C>
 ASSETS

Current assets
   Cash			 				$	28,879
   Prepaid expense			 			   600
							--------------
Total assets				 		$	29,479
							==============
 LIABILITIES AND STOCKHOLDERS' EQUITY

Total liabilities				 	$	    --

Stockholders' equity
   Common stock; no par value; 50,000,000 shares		94,000
	authorized, 10,930,000 issued and outstanding
   Accumulated deficit during development stage		       (64,521)
							--------------
Total stockholders' equity		 			29,479
							--------------
Total liabilities and stockholders' equity		$	29,479
							==============



See Accompanying Report of Independent Registered Public Accounting
	    Firm and Notes to Financial Statements

						F-3
</TABLE>


<TABLE>
<CAPTION>


					 CASCADE TECHNOLOGIES, CORP.
		       			(A DEVELOPMENT STAGE COMPANY)
			  		   STATEMENTS OF OPERATIONS



								 				From January 16, 2004
						  For the Year		 For the Year		 (Date of Inception)
				 		     Ended 		    Ended 		      through
						August 31, 2006		August 31, 2005		   August 31, 2006
						---------------		---------------		---------------------
<S>						<C>				<C>		<C>
Revenues			 		$	     -- 	$	     -- 		$	   --

Cost of revenues			 		     -- 		     --		 		   --
						---------------		---------------			-------------
   Gross profit		 				     -- 		     -- 		 	   --

Operating expenses
   Selling general and administrative		 	 28,172 		 23,497 		       64,521
						---------------		---------------			-------------
     Total operating expenses	 			 28,172 		 23,497 		       64,521
						---------------		---------------			-------------
   Loss before provision for income taxes		(28,172)		(23,497)		      (64,521)

Other income (expense)			 		     -- 		     -- 		 	   --

Provision for income taxes			 	     -- 		     -- 		 	   --
						---------------		---------------			-------------
Net loss			 		$	(28,172)	$	(23,497)		 $    (64,521)
						===============		===============
Basic income (loss) per common share		$	  (0.00)	$	  (0.00)
						===============		===============
Diluted income (loss) per common share		$	  (0.00)	$	  (0.00)
						===============		===============
Basic weighted average common
   shares outstanding		 		     10,930,000 	     10,930,000
						===============		===============


See Accompanying Report of Independent Registered Public Accounting Firm and Notes to Financial Statements

						F-4
</TABLE>





<TABLE>
<CAPTION>



			     CASCADE TECHNOLOGIES, CORP.
		       	    (A DEVELOPMENT STAGE COMPANY)
		    	  STATEMENT OF STOCKHOLDERS' EQUITY
          FROM JANUARY 16, 2004 (DATE OF INCEPTION) THROUGH AUGUST 31, 2006



			   		 Common Stock		   Accumulated  	   Total
				   ------------------------	 Deficit During 	Stockholders'
	 			     Shares 	   Amount 	Development Stage 	   Equity
				   ----------	-----------	-----------------	-------------
<S>					<C>		<C>		<C>			<C>

Balance, January 16, 2004
  (Date of Inception)	 		   -- 	$	 -- 	       $       -- 	   $	   --

Issuance of stock for services,
  $ 0.0001 per share	 	   10,000,000 	      1,000 		       -- 		1,000

Issuance of stock for cash,
  $ 0.10  per share	 	      930,000 	     93,000 		       -- 	       93,000

Net loss	 			   -- 		 -- 		  (12,852)	      (12,852)
				   ----------	-----------	       ----------	   ----------
Balance, August 31, 2004	   10,930,000 	     94,000 		  (12,852)	       81,148

Net loss	 			   -- 		 -- 		  (23,497)	      (23,497)
				   ----------	-----------	       ----------	   ----------
Balance, August 31, 2005	   10,930,000 	     94,000 	 	  (36,349)	       57,651

Net loss	 			   -- 		 -- 		  (28,172)	      (28,172)
				   ----------	-----------	       ----------	   ----------
Balance, August 31, 2006	   10,930,000 	$    94,000 	       $  (64,521)	   $   29,479
				   ==========	===========	       ==========	   ==========



See Accompanying Report of Independent Registered Public Accounting
	    Firm and Notes to Financial Statements

						F-5
</TABLE>





<TABLE>
<CAPTION>



					CASCADE TECHNOLOGIES, CORP.
				       (A DEVELOPMENT STAGE COMPANY)
					 STATEMENTS OF CASH FLOWS

								 				From January 16, 2004
						  For the Year		 For the Year		 (Date of Inception)
				 		     Ended 		    Ended 		      through
						August 31, 2006		August 31, 2005		   August 31, 2006
						---------------		---------------		---------------------
<S>						<C>				<C>		<C>

Cash flows from operating activities:
  Net loss			 		   $	(28,172)	   $	(23,497)	      $	      (64,521)
  Adjustments to reconcile net loss to net cash
     used by operating ativities:
  Stock based compensation		 		     -- 		     -- 		    	1,000
  Changes in operating assets and liabilities:
  Change in prepaid expense		 		   (600)		     -- 		      	 (600)
  Change in loans due to shareholders		 	   (289)		 (1,493)			   --
						   ------------		   ------------		      ---------------
	Net cash used by operating activities	 	(29,061)		(24,990)		      (64,121)

Cash flows from financing activities:
  Proceeds from issuance of common stock		     -- 		     -- 		       93,000
						   ------------		   ------------		      ---------------
	Net cash provided by financing activities	     -- 		     -- 		       93,000
						   ------------		   ------------		      ---------------
Net change in cash				 	(29,061)		(24,990)		       28,879

Cash, beginning of period				 57,940 		 82,930 		 	   --
						   ------------		   ------------		      ---------------
Cash, end of period				   $	 28,879 	   $	 57,940 	      $	       28,879
						   ============		   ============		      ===============


See Accompanying Report of Independent Registered Public Accounting Firm and Notes to Financial Statements

						F-6
</TABLE>


                          CASCADE TECHNOLOGIES, CORP.
                         (A DEVELOPMENT STAGE COMPANY)
                         NOTES TO FINANCIAL STATEMENTS




1. DESCRIPTION OF BUSINESS, HISTORY AND SUMMARY OF SIGNIFICANT POLICIES

   Description  of  business - Cascade Technologies, Corp., (referred to as the
   "Company") is currently an entity with no operations.

   History - Akron Technologies, the Company's former name, was incorporated in
   Wyoming on January  16,  2004.  The name was changed to Cascade Technologies
   on March 9, 2004.

   A Development Stage Company  -  The  accompanying  financial statements have
   been  prepared  in a accordance with the Statement of  Financial  Accounting
   Standards No. 7"According  and  Reporting by Development-Stage Enterprises".
   A development-stage enterprise is  one in which planned principal operations
   have not commenced or if its operations  have  commenced,  there has been no
   significant revenues there from.

   Definition of fiscal year - The Company's fiscal year end is August 31.

   Use of estimates - The preparation of consolidated financial  statements  in
   conformity  with  accounting  principles  generally  accepted  in the United
   States requires management to make estimates and assumptions that affect the
   reported  amounts  of  assets  and  liabilities and disclosure of contingent
   assets and liabilities at the date of  the consolidated financial statements
   and  the  reported  amounts of revenue and  expenses  during  the  reporting
   period. Actual results could differ from those estimates.

   Fair  value  of  financial  instruments  -  Financial  accounting  standards
   Statement No. 107,  "Disclosure  About Fair Value of Financial Instruments",
   requires  the Company to disclose,  when  reasonably  attainable,  the  fair
   market values of its assets and liabilities which are deemed to be financial
   instruments.   The  carrying  amounts  and  estimated  fair  values  of  the
   Company's  financial  instruments  approximate  their  fair value due to the
   short-term nature.

   Earnings  (loss)  per  share - Basic earnings (loss) per share  exclude  any
   dilutive effects of options,  warrants  and  convertible  securities.  Basic
   earnings  (loss) per share is computed using the weighted-average number  of
   outstanding common stocks during the applicable period. Diluted earnings per
   share is computed  using  the  weighted-average  number of common and common
   stock  equivalent  shares  outstanding   during  the  period.  Common  stock
   equivalent  shares  are excluded from the computation  if  their  effect  is
   antidilutive.

   Income taxes - The Company  accounts for its income taxes in accordance with
   Statement  of  Financial  Accounting   Standards  No.  109,  which  requires
   recognition  of  deferred  tax  assets  and  liabilities   for   future  tax
   consequences  attributable  to  differences  between the financial statement
   carrying amounts of existing assets and liabilities and their respective tax
   bases and tax credit carry-forwards. Deferred tax assets and liabilities are
   measured using enacted tax rates expected to apply  to taxable income in the
   years in which those temporary differences are expected  to  be recovered or
   settled. The effect on deferred tax assets and liabilities of  a  change  in
   tax  rates is recognized in income in the period that includes the enactment
   date.

   New accounting  pronouncements  - In May 2005, the FASB issued SFAS No. 154,
   "Accounting Changes and Error Corrections"  ("SFAS 154").  SFAS 154 replaces
   Accounting   Principles  Board  Opinion  No. 20  "Accounting  Changes"   and
   SFAS No. 3, "Reporting Accounting Changes in Interim Financial Statements-An
   Amendment  of  APB  Opinion  No. 28."  SFAS 154  provides  guidance  on  the
   accounting for and  reporting  of  accounting changes and error corrections.
   SFAS 154 requires "retrospective application"  of  the  direct  effect  of a
   voluntary  change  in  accounting  principle  to  prior  periods'  financial
   statements  where  it  is practicable to do so. SFAS 154 also redefines  the
   term "restatement" to mean the correction of an error by revising previously
   issued financial statements.  SFAS 154  is  effective for accounting changes
   and error corrections made in fiscal years beginning after December 15, 2005
   unless adopted early. We do not expect the adoption  of  SFAS 154  to have a
   material  impact  on  its financial position, results of operations or  cash
   flows,  except  to  the extent  that  the  statement  subsequently  requires
   retrospective application of a future item.

					F-7

   1. DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT POLICIES (continued)

   New accounting pronouncements (continued)

   In  February  2006,  the  FASB  issued  Statement  of  Financial  Accounting
   Standards  No. 155, Accounting  for  Certain  Hybrid  Financial  Instruments
   ("SFAS No. 155"),  which  amends Statement of Financial Accounting Standards
   No. 133, Accounting for Derivative Instruments and Hedging Activities ("SFAS
   No. 133")  and  Statement  of   Financial   Accounting   Standards  No. 140,
   Accounting   for   Transfers   and   Servicing   of  Financial  Assets   and
   Extinguishments of Liabilities ("SFAS No. 140"). SFAS  No. 155  permits fair
   value  measurement  for  any  hybrid  financial instrument that contains  an
   embedded derivative that otherwise would  require bifurcation, establishes a
   requirement  to  evaluate  interests  in  securitized  financial  assets  to
   identify  interests that are freestanding derivatives  or  hybrid  financial
   instruments containing embedded derivatives.   We do not expect the adoption
   of SFAS 155  to have a material impact on its financial position, results of
   operations or cash flows.

   In March 2006,  the  FASB issued Statement of Financial Accounting Standards
   No. 156, Accounting for  Servicing  of  Financial  Assets  ("SFAS No. 156"),
   which  amends  FASB  Statement  No.  140 ("SFAS No. 140"). SFAS 156  may  be
   adopted  as  early  as  January  1, 2006, for  calendar  year-end  entities,
   provided that no interim financial  statements  have  been issued. Those not
   choosing  to  early  adopt are required to apply the provisions  as  of  the
   beginning of the first  fiscal  year  that  begins  after September 15, 2006
   (e.g., January 1, 2007, for calendar year-end entities).   The  intention of
   the  new  statement  is  to  simplify  accounting  for separately recognized
   servicing  assets  and  liabilities,  such  as  those common  with  mortgage
   securitization activities, as well as to simplify  efforts  to obtain hedge-
   like accounting.  Specifically, the FASB said FAS No. 156 permits  a service
   using  derivative  financial  instruments  to  report  both  the  derivative
   financial  instrument  and  related servicing asset or liability by using  a
   consistent measurement attribute,  or  fair  value.   We  do  not expect the
   adoption of SFAS 155 to have a material impact on its consolidated financial
   position, results of operations or cash flows.


					F-8

2. CAPITAL STOCK TRANSACTIONS

   Common stock - The authorized common stock is 50,000,000 shares  with no par
   value.   As of August 31, 2006, the Company has 10,930,000 shares of  common
   stock issued and outstanding.

   In January 2004, the company issued 10,000,000 shares of its common stock to
   its directors in exchange for services totaling $1,000.

   During the  fiscal  year  ended  2004, the company issued a total of 930,000
   shares of its common stock to 48 individuals  in  exchange  for  $93,000  in
   cash.


					F-9


                                  SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the  registrant
caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.

                                 CASCADE TECHNOLOGIES CORP.
                                        (Registrant)


                                 /s/ Christine Thomas
				 ---------------------
December 15, 2006                Christine Thomas,
				 Secretary/Treasurer/Director
                                 Chief Financial Officer



                                 /s/ Bruce Hollingshead
				 ----------------------
December 15, 2006                Bruce Hollingshead,
				 President/Director/
                                 Chief Executive Officer







                                      16