UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


Washington,
D.C. 20549





Form
10-K





(Mark
      One)[X]  ANNUAL REPORT PURSUANT TO SECTION
      13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
  1934For
      the fiscal year ended August 31, 2009[   ]  TRANSITION REPORT PURSUANT TO
      SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
      1934For
      the transition period from __________ to __________





000-52141Commission
      File NumberCASCADE TECHNOLOGIES
  CORP.(Exact
      name of registrant as specified in its charter)Wyoming
            98-0440633(State
      or other jurisdiction of incorporation or organization)
            (I.R.S.
      Employer Identification No.)1530 – 9thAvenue SE, Calgary, AB
            T2G 0T7(Address
      of principal executive offices)
            (Zip
      Code)(403) 693-8000(Registrant’s  telephone
      number, including area code)








Securities
      registered pursuant to Section 12(b) of the Exchange Act:Title
      of each class
            Name
      of each exchange on which registeredn/a
            n/a





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





Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in
Rule 405 of the Securities Act.





Yes
            [   ]
            No
            [X]





Indicate
by check mark if the registrant is not required to file reports pursuant to
Section 13 or 15(d) of the Act.





Yes
            [ ]
            No
            [X]





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 whether the registrant has submitted electronically and posted on
its corporate Website, if any, every Interactive Data File required to be
submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this
chapter) during the preceding 12 months (or for such shorter period that the
registrant was required to submit and post such files).





Yes
            [   ]
            No
            [
      X]





Indicate
by check mark if disclosure of delinquent filers pursuant to Item 405 of
Regulation S-K (§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.





Yes
            [   ]
            No
            [X]





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 the definitions of “large accelerated filer,”
“accelerated filer” and “smaller reporting company” in Rule 12b-2 of the
Exchange Act.





Large
      accelerated filer
            [   ]
            Accelerated
      filer
            [   ]Non-accelerated
      filer
            [   ]
            Smaller
      reporting company
            [X](Do
      not check if a smaller reporting company)





Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Exchange Act).





Yes
            [  ]
            No
            [X]





State the
aggregate market value of the voting and non-voting common equity held by
non-affiliates computed by reference to the price at which the common equity was
last sold, or the average bid and asked price of such common equity, as of the
last business day of the registrant’s most recently completed second fiscal
quarter.





As
      of February 28, 2009 the aggregate market value of voting common stock
      held by non-affiliates of the registrant is
      $1,813,500.   Shares of common stock held by each officer
      and director have been excluded in that such persons may be deemed to be
      affiliates.  This determination of affiliate status is not
      necessarily a conclusive determination for other
  purposes.





APPLICABLE
ONLY TO REGISTRANTS INVOLVED IN BANKRUPTCY


PROCEEDINGS
DURING THE PAST 5 YEARS:





Indicate
by check mark whether the issuer has 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
            [   ]
            No
            [   ]





APPLICABLE
ONLY TO CORPORATE REGISTRANTS





Indicate
the number of shares outstanding of each of the registrant’s classes of common
stock, as of the latest practicable date.





163,950,000
      common shares outstanding as of December 9,
2009





DOCUMENTS
INCORPORATED BY REFERENCE





List
hereunder the following documents if incorporated by reference and the Part of
the Form 10-K (e.g. Part I, Part II, etc.) into which the document is
incorporated: (1) Any annual report to security holders; (2) Any proxy or
information statement; and (3) Any prospectus filed pursuant to Rule 424(b) or
(c) of the Securities Act of 1933. The listed documents should be clearly
described for identification purposes.





None




2


CASCADE
TECHNOLOGIES CORP.


TABLE
OF CONTENTS





PagePART
      IItem
      1
            Business
            3Item
      1A
            Risk
      Factors
            5Item
      1B
            Risk
      Factors
            5Item
      2
            Properties
            5Item
      3
            Legal
      Proceedings
            5Item
      4
            Submission
      of Matters to a Vote of Security Holders
            6PART
      II6Item
      5
            Market
      for Registrant’s Common Equity, Related Stockholder Matters and Issuer
      Purchases of Equity Securities
            6Item
      6
            Selected
      Financial Data
            6Item
      7
            Management’s
      Discussion and Analysis of Financial Condition and Results of
      Operations
            7Item
      7A
            Quantitative
      and Qualitative Disclosures About Market Risk
            8Item
      8
            Financial
      Statements and Supplementary Data
            8Item
      9
            Changes
      in and Disagreements with Accountants on Accounting and Financial
      Disclosure
            9Item
      9A(T)
            Controls
      and Procedures
            9Item
      9B
            Other
      Information
            9PART
      IIIItem
      10
            Directors,
      Executive Officers and Corporate Governance
            10Item
      11
            Executive
      Compensation
            11Item
      12
            Security
      Ownership of Certain Beneficial Owners and Management and Related
      Stockholder Matters
            12Item
      13
            Certain
      Relationships and Related Transactions, and Director
      Independence
            14Item
      14
            Principal
      Accounting Fees and Services
            15PART
      IVItem
      15
            Exhibits,
      Financial Statement Schedules
            15SIGNATURES
            17


i


PART
I





ITEM
1.    
BUSINESS





The
statements contained in this Annual Report on Form 10-K for the fiscal year
ended August 31, 2009, that are not purely historical statements are
forward–looking statements within the meaning of Section 21E of the Securities
and Exchange Act of 1934, as amended, including statements regarding the
Company’s expectations, beliefs, hopes, intentions or strategies regarding the
future.  These forward-looking statements involve risks and
uncertainties.  Our actual results may differ from those indicated in
the forward-looking statements.  Please see  “Risk Factors
that May Affect Future Results,” “Special Note Regarding Forward-Looking
Statements” and the factors and risks discussed in other reports filed from time
to time with the Securities and Exchange Commission.





Business
Development





Cascade
Technologies Corp. (formerly known as Arkon Technologies, Inc.) ("Cascade" "the
Company", "we", "us" or "our Company") was incorporated in the State of
Wyoming on January 16, 2004.





Subsequent
to incorporation, our core business had been in the purchase and sale of the
semi-conductors. We pursued this business by the creation of a website
displaying 20 products for sale. For the first 2 years, management had expended
significant personal time with various suppliers to foster and develop supplier
relationships. Those relationships provided various product offerings which had
resulted in limited sales.





As the
sales for the Company had been slower in increasing than expected, the Company’s
advertising program had been slow to develop.  The plan was to
advertise in the North American weekly electronics buyer’s publication of
Electronic Buyers News (EBN) as well as through major global web sites that are
used to source components. Also, additional plans remained 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
Company had not been as successful as hoped in implementing the original
business plan and therefore management had determined to review other business
opportunities which would bring value to the Company.





In early
February 2009, the Company appointed a new director and officer and with this
appointment it was determined to pursue business opportunities in the field of
renewable energy based power producing assets, in solar, wind and geothermal
projects.





In
respect to the new operations, on March 17, 2009, the Company incorporated a
wholly owned subsidiary, Cascade Renewable Energy Inc., an Alberta Canada
corporation (“Cascade Renewable”).  Cascade Renewable was incorporated
to undertake any operations in Canada.   The Company had
commenced collaboration with Genalta Power Corp., a Canadian renewable energy
company with a view to entering into an agreement that it had anticipated would
result in Cascade’s first commercial-scale Renewable Energy power installation
to a local electric utility under a 20-year PPA.  The Company was not
able to conclude any agreements with Genalta Power Corp. and has determined that
it will not pursue any opportunities in Canada at this time and determined to
focus on the U.S. opportunities for renewable energy and therefore on August 10,
2009, under the terms of a debt settlement agreement, a creditor of the Company
agreed to accept all of the issued and outstanding shares of Cascade Renewable,
in exchange for settlement of a debt amounting to $3,970.93.  The
Company has not yet transferred the shares of Cascade Renewable to Mr. Flett,
however they are held in escrow for transfer to Mr. Flett.  The
Company has not included any of the financial information for Cascade Renewable
in its financials presented in this filing.





On March
23, 2009, the Company incorporated a wholly owned subsidiary, Cascade Solar
Corp., a Nevada corporation (“Cascade Solar”).  Cascade Solar was
incorporated to undertake any solar related project operations in the United
States, the Company has maintained control of this Company in order to be able
to undertake any opportunities that may arise in regard to the business of
renewable energy.  Two of the directors of the Company are currently
directors and officers of VioSolar, Inc. a company which is pursuing renewable
energy projects in Greece.   The Company does not deem that there
is any conflict as it does not intend to pursue any projects
internationally.


3





In early
November 2009, the Company was contacted in regard to a potential business
acquisition outside of the renewable energy sector.  The Company
reviewed the acquisition opportunity and entered into a confidential non-binding
memorandum of understanding, with Spectral Molecular Imaging, Inc. (“SMI”) in
regard to this business opportunity.   Subsequently, on December
11, 2009, the Company and SMI entered into a binding memorandum of agreement
regarding the proposed acquisition.  SMI is in the business of
developing optical molecular imaging devices for early detection of certain
medical conditions.  The memorandum of agreement calls for the Company
to acquire all of the outstanding shares of SMI through the issuance of a
combination of common stock and preferred stock of the Company.  A
copy of the memorandum of agreement is included as an exhibit to this Annual
Report.  Consummation of the acquisition contemplated in the
memorandum of agreement is subject to a number of conditions, including the
Company obtaining at least $1million in financing through a private placement,
negotiation and execution of definitive agreements, and other conditions that
are customary for transactions of this type.  Prior to signing the
memorandum of agreement, the Company arranged with Crest Capital Corp., our
principal shareholder holding 150 million shares, to surrender for cancelation
142,110,816 shares of common stock.  Concurrently, the Company’s board
of directors approved a 2.64-for-1 share dividend, payable in respect of shares
following such cancelation.   The proposed record date and
payment date for the dividend are December 18 and December 21, 2009,
respectively.





Current
Operations





The
Company has retained its  U.S. subsidiary, Cascade Solar Corp. so that
it may review other opportunities in the renewable energy sector in the
U.S.   The Company is also  pursuing the acquisition of
SMI as described above.  Our disclosure in this report relates to our
operations in the sector of renewable energy as we have not yet concluded any
transaction regarding SMI, and it cannot be known at this time if an acquisition
will be concluded.





Principal
Products or Services and Their Markets





The
Company does not currently have any products or services.





Competitive
Business Conditions and our Competitive Position in the Industry and Methods of
Competition





Certain
renewable energy sources such as wind energy and solar energy have established
business entities in certain markets.  Our position will be dependent
on the renewable energy project the Company sources and the region to develop
the renewable energy project.  Currently, the Company is not in a
competitive position.





Dependence
on One or a Few Major Customers





We
presently do not have any renewable energy production and therefore no
customers.





Patents,
Trademarks, Licenses, Franchises, Concessions, Royalty Agreements or Labor
Contracts, Including Duration





We do not
have any patents, trademarks or licences.   We currently do not
have any royalty agreements.  Our Company has also not entered into
any franchise agreements or other contracts that have given, or could give rise
to obligations or concessions.





Need
for any Government Approval of Principal Products or Services





We do not
currently have any production, however, we are required to have government
approvals for all construction or manufacturing operations undertaken in a
territory or region for which a renewable energy project will be based, and we
will be required to adhere to and comply with all government laws and
regulations.





Effects
of Existing or Probable Government Regulations on Our Business





We
believe that our business will be minimally affected by any existing or probable
government regulations as described above.


4





Research
and Development Activities and Costs





We have
not incurred any research and development costs to date and we have no plans to
undertake any research and development activities at this time.





Costs
and Effects of Compliance with Environmental Laws





If we
identify a renewable energy project, it will be subject to numerous federal,
provincial and municipal laws and regulations relating to environmental
protection from the time the project commences until sites are abandoned,
restored and reclaimed.  These laws and regulations govern, among
other things, the amounts and types of substances and materials that may be
released into the environment, the issuance of permits in connection with
construction, development and production activities, the release of emissions
into the atmosphere, the discharge and disposition of generated waste materials
and the abandonment, reclamation and restoration of sites.  In
addition, these laws and regulations may impose substantial liabilities for the
failure to comply with them or for any contamination resulting from the
operations associated with our assets.  Laws and regulations
protecting the environment have become more stringent in recent years, and may
in certain circumstances impose “strict liability,” rendering a person liable
for environmental damage without regard to negligence or fault on the part of
such person.  Such laws and regulations may expose us to liability for
the conduct of or conditions caused by others, or for our acts which were in
compliance with all applicable laws at the time such acts were
performed.  The application of these requirements or the adoption of
new requirements could have a material adverse effect on our financial position
and results of operations.





We take
the issue of environmental stewardship very seriously and will work diligently
to insure compliance with applicable environmental and safety rules and
regulations.  However, because environmental laws and regulations are
becoming increasingly more stringent, there can be no assurances that such laws
and regulations or any environmental law or regulation enacted in the future
will not have a material effect on our operations or financial
condition.





Employees





We do not
currently have any employees.  All of the operations of the Company
are undertaken by the Board of Directors.





ITEM 1A.  RISK
FACTORS





The
Company is a smaller reporting company and is not required to provide this
information.





ITEM
1B.  UNRESOLVED STAFF
COMMENTS





The
Company is a smaller reporting company and is not required to provide this
information.





ITEM
2.    
PROPERTIES





On March 11, 2009, the Company executed a six (6) month term Office
Lease Agreement at a monthly rate of $1,445 (Cdn $1,577 with tax), for a branch
office in the city of Kelowna, British Columbia for 1,646 square
feet.  The office lease was not renewed subsequent to the fiscal year
end.





The
Company’s current head office is located at 1530 - 9th Ave
SE, Calgary, Alberta T2G 0T7, and is provided by one of our past directors free
of charge. Such costs are immaterial to the financial statements and accordingly
have not been reflected therein.





ITEM
3.     LEGAL
PROCEEDINGS.





The
Company is not a party to any legal proceedings and is not aware of any pending
legal proceedings as of the date of this Annual Report on Form
10-K.


5





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





The
Company did not submit any matters to a vote of security holders during the
fourth quarter of the fiscal year ended August 31, 2009.





PART
II





ITEM 5.     MARKET FOR
REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF
EQUITY SECURITIES.





The
Company's common stock is presently quoted on the Over the Counter Bulletin
Board (OTC/BB) under the symbol “CSDT”.  The Company has been quoted
on the over the counter bulletin board since July 10, 2007.





Following
is a report of high and low bid prices for each quarterly period from August 31,
2007 to August 31, 2009




Year 2008
            High
            Low1th
      Quarter ended 11/30/2007
            0.15
            0.102nd
      Quarter ended 2/29/2008
            0.15
            0.153rs
      Quarter ended 5/31/2008
            0.20
            0.154th
      Quarter ended 8/31/2008
            0.45
            0.20Year 2009
            High
            LowFirst
      Quarter ended 11/30/2008
            0.85
            0.45Second
      Quarter ended 2/28/2009
            0.15
            0.11Third
      Quarter ended 5/31/2009
            0.15
            0.05Fourth
      Quarter ended 8/31/2009
            0.05
            0.05





The
information as provided above for the fiscal years ended 2008 and 2009 was
provided by Pink Sheets. The quotations provided herein may reflect inter-dealer
prices, without retail mark-up, mark-down or commission and may not represent
actual transactions and have not been adjusted for stock dividends or
splits.





As of
November 30, 2009, there were 10 record holders of the Company’s common stock
(which number does not include the number of stockholders whose shares are held
by a brokerage house or clearing agency, but does include such brokerage houses
or clearing agencies as one record holder).





The
Company has never paid a cash dividend on its common stock and does not intend
to pay cash dividends on its common stock in the foreseeable
future.  The Company has approved a stock dividend as more
particularly described under “Business Development” above.





Securities
Authorized for Issuance under Equity Compensation Plans





The
Company does not have any securities authorized for issuance under equity
compensation plans.





Recent
sales of unregistered securities; use of proceeds from registered
securities





There are
no unregistered securities to report which were sold or issued by the Company
without the registration of these securities under the Securities Act of 1933 in
reliance on exemptions from such registration requirements, within the period
covered by this report, which have not been previously included in a Quarterly
Report on Form 10-Q or a Current Report on Form 8-K.





ITEM 6.     SELECTED
FINANCIAL DATA





The
Company is a smaller reporting company and is not required to provide this
information.


6





ITEM
7.     MANAGEMENT’S
DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS.





Forward Looking Statements





This
annual report contains forward-looking statements relating to future events or
our future financial performance.  In some cases, you can identify
forward-looking statements by terminology such as "may", "should", "intends",
"expects", "plans", "anticipates", "believes", "estimates", "predicts",
"potential", or "continue" or the negative of these terms or other comparable
terminology.  These statements are only predictions and involve known
and unknown risks, uncertainties and other factors which may cause our or our
industry's actual results, levels of activity or performance to be materially
different from any future results, levels of activity or performance expressed
or implied by these forward-looking statements.




Although
we believe that the expectations reflected in the forward-looking statements are
reasonable, we cannot guarantee future results, levels of activity or
performance.  You should not place undue reliance on these statements,
which speak only as of the date that they were made.  These cautionary
statements should be considered with any written or oral forward-looking
statements that we may issue in the future.  Except as required by
applicable law, including the securities laws of the United States, we do not
intend to update any of the forward-looking statements to conform these
statements to actual results, later events or circumstances or to reflect the
occurrence of unanticipated events.





In
this annual report unless otherwise specified, all dollar amounts are expressed
in United States dollars and all references to “common shares” refer to the
common shares of our capital stock.





The
management’s discussion and analysis of our financial condition and results of
operations are based upon our financial statements, which have been prepared in
accordance with accounting principles generally accepted in the United States of
America ("GAAP").





Liquidity
& Capital Resources





As of
August 31, 2009, our cash balance was $715. We have limited cash on hand and we
will be required to raise capital to fund our operations. Our ability to meet
our financial liabilities and commitments is primarily dependent upon the
continued issuance of equity to new stockholders or loans from existing
shareholders and management or outside loans, and our ability to achieve and
maintain profitable operations. Management believes that the Company's cash and
cash equivalents will not be sufficient to meet our working capital requirements
for the next twelve month period. We have had minimal cash flow from operating
activities as we are in the development stage and we have therefore determined
not to continue to pursue our semi-conductor business.   We have
determined that the Company will seek projects in the sector of renewable
energy, and other possible revenue generating projects which we believe offers
substantive opportunity to build value for our shareholders, if
successful.





There are
no assurances that we will be able to obtain funds required for our continued
operations. There can be no assurance that additional financing will be
available to us when needed or, if available, that it can be obtained on
commercially reasonable terms. If we are not able to obtain the additional
financing on a timely basis, we will not be able to meet our other obligations
as they become due and we will be forced to scale down or perhaps even cease the
operation of our business.





There is
substantial doubt about our ability to continue as a going concern as the
continuation of our business is dependent upon obtaining further long-term
financing, successful and sufficient market acceptance of our products and
achieving a profitable level of operations. The issuance of additional equity
securities by us could result in a significant dilution in the equity interests
of our current stockholders. Obtaining commercial loans, assuming those loans
would be available, will increase our liabilities and future cash
commitments.





The
Company had previously attempted an offering of restricted securities to raise a
maximum of $450,000 at a price of $0.15 per share, in which it had been
successful in raising a total of $68,000 through the above offering. However,
subsequent to the quarter ending May 31, 2009, the Company’s legal counsel and
management determined that the subscriptions did not comply with available
exemptions, and therefore all of the subscriptions for shares were rescinded by
the subscribers.


7





Of the
$68,000 raised, $13,000 was returned to the investors directly. The balance of
the funds in the amount of $58,763 was initially converted to loans pursuant to
the terms of the rescission agreements, which were subsequently assigned to two
individuals who agreed to carry the liability as loans to the Company. On August
10, 2009, the Company entered into a debt settlement agreement with the two
individuals. In respect to the agreements the Company confirmed its indebtedness
to the Creditors in an amount of $58,763 as of August 10, 2009, and the
Creditors agreed to accept the fixed assets of the Company plus $10 as final
settlement of the debt. The total amount of $58,763 was recorded as other income
for the Company.





In the
year ending August 31, 2009, the amount of loans due to shareholders increased
by $19,659 to $36,168, which loans contributed to the working capital during the
fiscal year.





Our
Company plans to raise the capital required to satisfy our immediate short-term
needs and additional capital required to meet our estimated funding requirements
for the next twelve months primarily through the private placement of our equity
securities or by way of loans or such other means as the Company may
determine.  There can be no assurance that we will be able to raise
any funds.





Results
of Operations





Accounts
payable were $18,956 as at August 31, 2009, compared to $239 at August 31,
2008.  This increase was primarily due to amounts incurred for
professional and consulting expenses due to increased business
activities.





For the
year ending August 31, 2009, operating expenses were $94,942 as compared to
$27,995 for the corresponding year ending August 31, 2008.  This
increase was due primarily to professional service fees, which amounted to
$64,783 at year end August 31, 2009 as compared to $15,521 for the corresponding
year end August 31, 2008, and, the increase in general and administrative
expenses which amounted to $28,037 at year end August 31, 2009 as compared to
$12,023 for the corresponding year end August 31, 2008.  The increase
in operating expenses was a result of the change in direction of the company and
the subsequent development of plans around the change.





Off-balance Sheet Arrangements





We have
no off-balance sheet arrangements that have or are reasonably likely to have a
current or future effect on our financial condition, changes in financial
condition, revenues or expenses, results of operations, liquidity, capital
expenditures or capital resources that are material to
stockholders.





ITEM
7A.            
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.





The
Company is a smaller reporting company and is not required to provide this
information.





ITEM
8.               
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.





The
financial statements and supplementary data required by this Item 8 are listed
in Item 15(a) (1) and begin at page F-1 of this Annual Report.


8





Cascade
Technologies Corp.


(A
Development Stage Company)





REPORT
AND FINANCIAL STATMENTS








August
31, 2009








F-1





Contents





PageReport
      of Independent Registered Public Accounting Firm
            
            F-3Financial StatementsConsolidated
      Balance Sheets
            
            F-4Consolidated
      Statements of Operations
            
            F-5Consolidated
      Statement of Stockholders’ Equity (Deficit)
            
            F-6Consolidated
      Statements of Cash Flows
            
            F-7Notes
      to Audited Consolidated Financial Statements
            
            F-8 to F-14


F-2


De
Joya Griffith & Company, LLC


CERTIFIED
PUBLIC ACCOUNTANTS & CONSULTANTS





REPORT
OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM





To the
Board of Directors and Stockholders


Cascade
Technologies Corp.


Calgary,
Alberta





We have
audited the accompanying balance sheets of Cascade Technologies Corp. (A
Development Stage Company) as of August 31, 2009 and 2008, and the related
statements of operations, stockholders’ equity (deficit), and cash flows for the
years then ended and from inception (January 16, 2004) through August 31, 2009.
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 audits.





We
conducted our audits in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require that we plan
and perform the audits to obtain reasonable assurance about whether the
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 financial statement presentation. We believe that our
audits provide 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, 2009 and 2008, and the results of
its operations and cash flows for the years then ended and from inception
(January 16, 2004) through August 31, 2009 in conformity with generally accepted
accounting principles in the United States.





The
accompanying financial statements have been prepared assuming the Company will
continue as a going concern. As discussed in Note 1 to the financial statements,
the Company has suffered recurring losses from operations, which raise
substantial doubt about its ability to continue as a going concern. Management’s
plans in regard to these matters are also described in Note 1. The financial
statements do not include any adjustments that might result from the outcome of
this uncertainty.








/s/ De Joya Griffith &
Company, LLC


Henderson,
Nevada


December
11, 2009




2580
Anthem Village Drive, Henderson, NV  89052


Telephone
(702) 588-5960 ● Facsimile (702) 588-5979


F-3


CASCADE
TECHNOLOGIES CORP.


(A
DEVELOPMENT STAGE COMPANY)


CONSOLIDATED
BALANCE SHEETS


(Audited)





ASSETSAugust
      31, 2009
            
            August
      31, 2008Current
      assetsCash
            $
            715
            
            $
            1,435Prepaid
      expense
            
            -
            
            
            600Total
      current assets
            
            715
            
            
            2,035Total
      assets
            $
            715
            
            $
            2,035LIABILITIES
      AND STOCKHOLDERS' DEFICITCurrent
      liabilitiesAccounts
      payable
            $
            15,193
            
            $
            239Accrued
      interest
            
            2,754
            
            
            451Loans
      due to former shareholders
            
            36,168
            
            
            19,659Total
      current liabilities
            
            54,115
            
            
            20,349Total
      liabilities
            
            54,115
            
            
            20,349Stockholder's
      deficitCommon
      stock; no par value; 750,000,000 sharesauthorized,
      163,950,000 issued and outstanding as at August 31, 2009 and August 31,
      2008.
            
            94,000
            
            
            94,000Accumulated
      deficit during development stage
            
            (147,400
            )
            
            (112,314
            )Total
      stockholders' deficit
            
            (53,400
            )
            
            (18,314
            )Total
      liabilities and stockholders' deficit
            $
            715
            
            $
            2,035





See
Accompanying Notes to Financial Statements


F-4


CASCADE
TECHNOLOGIES CORP.


(A
DEVELOPMENT STAGE COMPANY)


CONSOLIDATED
STATEMENTS OF OPERATIONS


(Audited)





From
      January 16, 2004For
      the Year
            
            
            For
      the Year
            
            
            (Date
      of Inception)Ended
            
            
            Ended
            
            
            throughAugust
      31, 2009
            
            
            August
      31, 2008
            
            
            August
      31, 2009Revenues
            
            $
            -
            
            
            $
            6,672
            
            
            $
            6,672Cost
      of revenues
            
            
            -
            
            
            
            6,221
            
            
            
            6,221Gross
      profit
            
            
            -
            
            
            
            451
            
            
            
            451Operating
      expensesProfessional
      service
            
            
            64,783
            
            
            
            15,521
            
            
            
            86,229Foreign
      exchange
            
            
            2,122
            
            
            
            -
            
            
            
            2,122Selling
      general and administrative
            
            
            28,037
            
            
            
            12,023
            
            
            
            118,905Total
      operating expenses
            
            
            (94,942
            )
            
            
            (
      27,544
            )
            
            
            (207,256
            )Other
      income (expense)Interest
      expense
            
            
            (2,528
            )
            
            
            (451
            )
            
            
            (2,979
            )Debts
      forgiven (Note 7)
            
            
            58,763
            
            
            
            -
            
            
            
            58,763Total
      other income (expense)
            
            
            56,235
            
            
            
            (451
            )
            
            
            55,784Income
      (loss) from continuing operations before provision for income
      taxes
            
            
            (38,707
            )
            
            
            (27,544
            )
            
            
            (151,021
            )Provision
      for income taxes
            
            
            -
            
            
            
            -
            
            
            
            -Income
      (loss) from continuing operations
            
            
            (38,707
            )
            
            
            (27,544
            )
            
            
            (151,021
            )Income
      (loss) from discontinued operations (Note 5)
            
            
            3,621
            
            
            
            -
            
            
            
            3,621Net
      income (loss)
            
            $
            (35,086
            )
            
            $
            (27,544
            )
            
            $
            (147,400
            )Basic
      loss per common share
            
            $
            (0.00
            )
            
            $
            (0.00
            )Basic
      weighted average common  shares outstanding
            
            
            163,950,000
            
            
            
            163,950,000





See
Accompanying Notes to Financial Statements


F-5


CASCADE
TECHNOLOGIES CORP.


(A
DEVELOPMENT STAGE COMPANY)


CONSOLIDATED
STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT)


FROM
JANUARY 16, 2004 (DATE OF INCEPTION) THROUGH AUGUST 31, 2009


(AUDITED)





AccumulatedCommon
      Stock
            
            
            Deficit
      During
            
            
            TotalShares
            
            
            Amount
            
            
            Development
      Stage
            
            
            Stockholders'
      Equity (Deficit)Balance,
      January 16, 2004 (Date of Inception)
            
            
            -
            
            
            $
            -
            
            
            $
            -
            
            
            $
            -Issuance
      of stock for services, $ 0.0001 per share
            
            
            150,000,000
            
            
            
            1,000
            
            
            
            
            
            
            
            1,000Issuance
      of stock for cash, $ 0.10  per share
            
            
            13,950,000
            
            
            
            93,000
            
            
            
            
            
            
            
            93,000Net
      loss
            
            
            
            
            
            
            
            
            
            
            (12,852
            )
            
            
            (12,852
            )Balance,
      August 31, 2004
            
            
            163,950,000
            
            
            
            94,000
            
            
            
            (12,852
            )
            
            
            81,148Net
      loss
            
            
            
            
            
            
            
            
            
            
            (23,497
            )
            
            
            (23,497
            )Balance,
      August 31, 2005
            
            
            163,950,000
            
            
            
            94,000
            
            
            
            (36,349
            )
            
            
            57,651Net
      loss
            
            
            
            
            
            
            
            
            
            
            (28,172
            )
            
            
            (28,172
            )Balance,
      August 31, 2006
            
            
            163,950,000
            
            
            
            94,000
            
            
            
            (64,521
            )
            
            
            29,479Net
      loss
            
            
            
            
            
            
            
            
            
            
            (20,249
            )
            
            
            (20,249
            )Balance,
      August 31, 2007
            
            
            163,950,000
            
            
            
            94,000
            
            
            
            (84,770
            )
            
            
            9,230Net
      loss
            
            
            
            
            
            
            
            
            
            
            (27,544
            )
            
            
            (27,544
            )Balance,
      August 31, 2008
            
            
            163,950,000
            
            
            
            94,000
            
            
            
            (112,314
            )
            
            
            (18,314
            )Net
      loss
            
            
            
            
            
            
            
            
            
            
            (35,086
            )
            
            
            (35,086
            )Balance,
      August 31, 2009
            
            
            163,950,000
            
            
            $
            94,000
            
            
            $
            (147,400
            )
            
            $
            (53,400
            )





See
Accompanying Notes to Financial Statements


F-6


CASCADE
TECHNOLOGIES CORP.


(A
DEVELOPMENT STAGE COMPANY)


CONSOLIDATED
STATEMENTS OF CASH FLOWS


(AUDITED)





From
      January 16, 2004For
      the Year
            
            
            For
      the Year
            
            
            (Date
      of Inception)Ended
            
            
            Ended
            
            
            throughAugust
      31, 2009
            
            
            August
      31, 2008
            
            
            August
      31, 2009Cash
      flows from operating activities:Net
      loss
            
            $
            (35,086
            )
            
            $
            (27,544
            )
            
            $
            (147,400
            )Adjustments
      to reconcile net loss to net cashused
      by operating activities:Stock
      based compensation
            
            
            -
            
            
            
            -
            
            
            
            1,000Changes
      in operating assets and liabilities:(Increase)decrease
      in prepaid expense
            
            
            600
            
            
            
            -
            
            
            
            -Increase
      in accounts payable
            
            
            14,954
            
            
            
            239
            
            
            
            15,193Increase
      in accrued interest
            
            
            2,303
            
            
            
            451
            
            
            
            2,754Net
      cash used by operating activities
            
            
            (17,229
            )
            
            
            (26,854
            )
            
            
            (128,453
            )Cash
      flows from financing activities:Change
      in loans due to shareholders
            
            
            16,509
            
            
            
            19,422
            
            
            
            36,168Proceeds
      from issuance of common stock
            
            
            -
            
            
            
            -
            
            
            
            93,000Net
      cash provided by financing activities
            
            
            16,509
            
            
            
            19,422
            
            
            
            129,168Net
      change in cash
            
            
            (720
            )
            
            
            (7,432
            )
            
            
            715Cash,
      beginning of period
            
            
            1,435
            
            
            
            8,867
            
            
            
            -Cash,
      end of period
            
            $
            715
            
            
            $
            1,435
            
            
            $
            715





See
Accompanying Notes to Financial Statements




F-7


CASCADE
TECHNOLOGIES CORP.


(A
DEVELOPMENT STAGE COMPANY)


NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS


(AUDITED)





NOTE
1          ORGANIZATION AND
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES





(a)
            Organization
      and 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.





On
January 20, 2009, the Company completed a fifteen-for-one common stock split in
the form of special stock distribution to stockholders of record as of December
15, 2008. The effect of the stock split has been recognized retroactively in the
stockholders’ deficit accounts as of January 16, 2004, and in all shares and per
share data in the consolidated financial statements.





All
intercompany transactions have been eliminated.





Going
Concern


The
accompanying financial statements have been prepared in conformity with
generally accepted accounting principles, which contemplate continuation of the
Company as a going concern.  The Company is considered a development
stage company, has experienced recurring net operating losses, had an
accumulated deficit of ($147,400) and had a working capital deficiency of
($53,400) as of August 31, 2009. These factors raise substantial doubt about the
Company’s ability to continue as a going concern. Management plans to issue more
shares of common stock in order to raise funds. These financial statements do
not include any adjustments relating to the recoverability and classification of
recorded asset amounts, or amounts and classification of liabilities that might
result from this uncertainty.





(b)
            Cash
      and cash equivalents:





For
purposes of the statement of cash flows, the Company considers highly liquid
financial instruments purchased with a maturity of three months or less to be
cash equivalents.





(c)
            Income
      taxes:





The
Company adopted FASB Interpretation No. 48 (“FIN 48”) (ASC Topic 740),
“Accounting for Uncertainty in Income Taxes”, which clarifies the accounting for
uncertainty in income taxes recognized in the financial statements in accordance
with SFAS No. 109, “Accounting for Income Taxes.” The Company utilizes the
liability method of accounting for income taxes. Under the liability method
deferred tax assets and liabilities are determined based on the differences
between financial reporting basis and the tax basis of the assets and
liabilities and are measured using enacted tax rates and laws that will be in
effect, when the differences are expected to reverse. An allowance against
deferred tax assets is recognized, when it is more likely than not, that such
tax benefits will not be realized.





Any
deferred tax benefit is considered immaterial and has been fully offset by a
valuation allowance because at this time the Company believes that it is more
likely than not that the future tax benefit will not be realized as the Company
has no current operations.


F-8


CASCADE
TECHNOLOGIES CORP.


(A
DEVELOPMENT STAGE COMPANY)


NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS (continued)


(AUDITED)





NOTE
1          ORGANIZATION AND
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONT.)





(d)
            Loss
      per common share:





Basic
loss per share is calculated using the weighted-average number of common shares
outstanding during each reporting period. Diluted loss per share includes
potentially dilutive securities such as outstanding options and warrants, using
various methods such as the treasury stock or modified treasury stock method in
the determination of dilutive shares outstanding during each reporting period.
The Company does not have any potentially dilutive instruments.





(e)
            Fair
      value of financial instruments:





The
Company’s financial instruments, including cash and cash equivalents, accounts
receivable, accounts payable and borrowing are carried at cost, which
approximates fair value because of the short-term mature of these
instruments.





(f)
            Revenue
      recognition:





Revenue
from the sale of products is recognized when title to the products are
transferred to the customer (upon shipment) and only when no further
contingencies or material performance obligations are warranted, and thereby
have earned the right to receive and retain reasonably assured payments for
products sold and delivered.





(g)
            New
      accounting pronouncements:





In June
2009 the FASB established the Accounting Standards Codification ("Codification"
or "ASC") as the source of authoritative accounting principles recognized by the
FASB to be applied by nongovernmental entities in the preparation of financial
statements in accordance with generally accepted accounting principles in the
United States ("GAAP"). Rules and interpretive releases of the Securities and
Exchange Commission ("SEC") issued under authority of federal securities laws
are also sources of GAAP for SEC registrants. Existing GAAP was not intended to
be changed as a result of the Codification, and accordingly the change did not
impact our financial statements. The ASC does change the way the guidance is
organized and presented.





Statement
of Financial Accounting Standards ("SFAS") SFAS No. 165 (ASC Topic 855),
"Subsequent Events", SFAS No. 166 (ASC Topic 810), "Accounting for Transfers of
Financial Assets-an Amendment of FASB Statement No. 140", SFAS No. 167 (ASC
Topic 810), "Amendments to FASB Interpretation No. 46(R)", and SFAS No. 168 (ASC
Topic 105), "The FASB Accounting Standards Codification and the Hierarchy of
Generally Accepted Accounting Principles-a replacement of FASB Statement No.
162" were recently issued. SFAS No. 165, 166, 167, and 168 have no current
applicability to the Company or their effect on the financial statements would
not have been significant.





Accounting
Standards Update ("ASU") ASU No. 2009-05 (ASC Topic 820), which amends Fair
Value Measurements and Disclosures - Overall, ASU No. 2009-13 (ASC Topic 605),
Multiple Deliverable Revenue Arrangements, ASU No. 2009-14 (ASC Topic 985),
Certain Revenue Arrangements that include Software Elements, and various other
ASU's No. 2009-2 through ASU No. 2009-15 which contain technical corrections to
existing guidance or affect guidance to specialized industries or entities were
recently issued. These updates have no current applicability to the Company or
their effect on the financial statements would not have been
significant.


F-9


CASCADE
TECHNOLOGIES CORP.


(A
DEVELOPMENT STAGE COMPANY)


NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS (continued)


(AUDITED)





NOTE
1          ORGANIZATION AND
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONT.)





(h)
            A
      development stage company:




The
Company is a development stage company as defined in the FASB Accounting
Standards Codification Topic 915.  The Company is devoting
substantially all of its present efforts to establish a new business and none of
its planned principal operations have commenced.  All losses
accumulated since inception has been considered as part of the Company’s
development stage activities.




(i)   Use
of estimates and assumptions:





Preparation
of the financial statements in conformity with accounting principles generally
accepted in the United States requires management to make estimates and
assumptions that affect certain reported amounts and
disclosures.  Accordingly, actual results could differ from those
estimates.





NOTE
2          NOTE
PAYABLE





As of
August 31, 2009, the company had two unsecured due on demand notes bearing
interest at 8%, due to two former shareholders of the company in the amount of
$36,168.





NOTE
3FEDERAL INCOME
TAXES:





We follow
applicable FASB Statements (ASC Topic 740) regarding Accounting for Income Taxes.
Deferred income taxes reflect the net effect of (a) temporary differences
between carrying amounts of assets and liabilities for financial purposes and
the amounts used for income tax reporting purposes, and (b) net operating loss
carryforwards. No net provision for refundable Federal income tax has been made
in the accompanying statement of operations because no recoverable taxes were
paid previously. Similarly, no deferred tax asset attributable to the net
operating loss carryforward has been recognized, as it is not deemed likely to
be realized.





The
provision for refundable Federal income tax consists of the
following:





August
      31, 2009
            
            
            August
      31, 2008Refundable
      Federal income tax attributable to:Current
      operations
            
            $
            11,930
            
            
            $
            9,365Nondeductible
      expenses
            
            
            -
            
            
            
            -Change
      in deferred tax valuation allowance
            
            
            (11,930
            )
            
            
            (9,365
            )Net
      refundable amount
            
            $
            -
            
            
            $
            -





F-10


CASCADE
TECHNOLOGIES CORP.


(A
DEVELOPMENT STAGE COMPANY)


NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS (continued)


(AUDITED)





NOTE
3FEDERAL INCOME TAXES
(continued)





The
cumulative tax effect at the expected rate of 34% of significant items
comprising our net deferred tax amount is as follows:





January
      16, 2004 (Inception)
              Through
              August
      31, 2009Deferred
      tax asset attributable to:Net
      operating loss carryover
            
            $
            50,116Less,
      Valuation allowance
            
            
            (50,116
            )Net
      deferred tax asset
            
            $
            -





At August
31, 2009, we had an unused net operating loss carryover approximating $147,400
that is available to offset future taxable income and which expires beginning in
2028.





The
Company adopted the provisions of FASB Interpretation No. 48, Accounting for
Uncertainty in Income Taxes, on August 19, 2008. As a result of the
implementation of Interpretation No. 48 (ASC Topic 740), the Company recognized
approximately no increase in the liability for unrecognized tax
benefits.





The
Company has no tax position at August 31, 2009 and August 31, 2008 for which the
ultimate deductibility is highly certain but for which there is uncertainty
about the timing of such deductibility. The Company recognizes interest accrued
related to unrecognized tax benefits in interest expense and penalties in
operating expenses. No such interest or penalties were recognized during the
periods presented. The Company had no accruals for interest and penalties at
August 31, 2009 or August 31, 2008. The Company’s utilization of any net
operating loss carry forward may be unlikely as a result of its intended
development stage activities.





NOTE
4          STOCKHOLDERS’
EQUITY (DEFICIT)





Common stock – The
authorized common stock is 750,000,000 shares with no par value.  As
of August 31, 2009 and 2008, the Company had 163,950,000 shares of common stock
issued and outstanding.





In
January 2004, the Company issued 150,000,000 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 13,950,000 shares of
its common stock to 48 individuals in exchange for $93,000 in cash.





On
December 15, 2008, the Board of Directors of Cascade Technologies Corp. (the
“Company”) approved the rescission of the increase to authorized capital
effected on July 22, 2008 as the increase in authorized capital did not comply
with Wyoming Revised Statutes, thereby reducing the authorized capital from
500,000,000 back to 50,000,000.   On December 15, 2008, the Board
of Directors, pursuant to Section 17-16-1002 of the Wyoming Revised Statutes and
the bylaws of the Company, the Board of Directors of the Company approved a
forward split of the issued and authorized common stock of the Company on the
basis of 15 shares for every one share currently authorized and
issued.  On December 24, 2008, the Company received notification from
the Wyoming Secretary of State that the Secretary of State lodged an amendment
to the Company’s Articles of Incorporation and Bylaws, effective on December 22,
2008, to increase its Authorized Capital to a total of 750,000,000 common
shares. The shareholders of record of the Company as at December 15, 2008
received 15 shares of common stock in exchange for every 1 existing share of
common stock held.  On January 20, 2009, the Company completed the
forward stock split, and the Company had 163,950,000 shares of common stock
issued and outstanding as of the period ended August 31, 2009.


F-11


CASCADE
TECHNOLOGIES CORP.


(A
DEVELOPMENT STAGE COMPANY)


NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS (continued)


(AUDITED)





NOTE
5          DISCONTINUED
OPERATIONS





On March
17, 2009,the
Company incorporated a wholly owned subsidiary, Cascade Renewable Energy Inc.,
an Alberta Canada corporation (“Cascade Renewable”).  Cascade
Renewable was incorporated to undertake any operations in Canada.  No
business has been undertaken in this Company as of the date of this
filing.





On August
10, 2009, the Company entered into a debt settlement agreement. The Company is
indebted to the Creditor in an amount of $3,971and the Creditor is willing to
accept all of the issued and outstanding shares of Cascade Renewable Energy
Inc.





The
following table is the calculation of the profit or loss in the
Company:





Sale
      proceeds
            
            
            
            
            $
            3,971Less:  investment
      cost
            
            $
            100Loan
      to subsidiaries
            
            
            250
            
            
            
            (350
            )Profit
      (loss)
            
            
            
            
            
            $
            3,621





NOTE
6          RELATED PARTY
TRANSACTION





On August
10, 2009, the Company sold all of the issued and outstanding shares of Cascade
Renewable, to Mr. Flett, a Director and Officer of the Company. Refer to Note 5
– discontinued operations.





On
September 10, 2008, Crest Capital Corp., a private Belize company, owned by Ms.
Danforth, Chief Financial Officer and a Director of the Company, purchased a
total of 150,000,000 shares of the issued and outstanding common stock of
Cascade Technologies Corp. (the "Company") from the directors and officers of
the Company, for cash totaling $1,000.  The total of 150,000,000 shares
represented 91.5% of the shares of outstanding common stock of the Company at
the time of transfer.





The above transaction effected a change
in control.





NOTE
7          OTHER
EVENTS








On
September 10, 2008, Mr. Bruce Hollingshead, a Director and the President of the
Company, resigned from the Board of Directors and as President of the Company.
 Mr. Hollingshead did not resign as a result of any disagreement with the
Company on any matter relating to the Company’s operations, policies, or
practices.





On
September 10, 2008, Christine Thomas, a Director and Secretary/Treasurer and
Chief Financial Officer of the Company, resigned as a Director and Secretary /
Treasurer and Chief Financial Officer.  Mrs. Thomas did not resign as
a result of any disagreement with the Company on any matter relating to the
Company’s operations, policies, or practices.


F-12


CASCADE
TECHNOLOGIES CORP.


(A
DEVELOPMENT STAGE COMPANY)


NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS (continued)


(AUDITED)





NOTE
7          OTHER EVENTS
(CONT.)





On
September 10, 2008, Shannon MacQuarrie, a Director of the Company, resigned as
Director of the Company.  Mrs. MacQuarrie did not resign as a result
of any disagreement with the Company on any matter relating to the Company’s
operations, policies, or practices.





On
September 10, 2008, Mr. Rick Walchuk was appointed to the Board of Directors of
the Company and as President of the Company and on September 10, 2008,
Jacqueline Danforth was appointed to the Board of Directors of the Company and
Secretary / Treasurer and Chief Financial Officer of the Company.





On
February 2, 2009, Mr. Rick Walchuk, the president of the Company, resigned as
the President of the Company.  Mr. Rick Walchuk did not resign as a
result of any disagreement with the Company on any matter relating to the
Company’s operations, policies, or practices.





On
February 3, 2009, Mr. Dwayne Flett was elected to the Board of Directors of the
Company and as the President of the Company. Mr. Flett served as the President
and Chief Executive Officer of the Company until December 8, 2009 when the
Company received his resignation.





On March
1, 2009, the Company determined to change its business plan and to seek projects
in the renewable energy sector.   Further, the Company determined
to raise up to $450,000 at $0.15 per share on a best efforts
basis.  On March 5, 2009, the Company received subscriptions under its
offering for a total of 66,667 shares at a price of $0.15 per share. On March
13, 2009, the Company received subscriptions for a total of 133,333 shares at a
price of $0.15 per share.  On April 29, 2009, the Company received
subscriptions from several investors for a total of 200,000 shares at a price of
$0.15 per share.  On May 26, 2009, the Company received subscriptions
for a total of 53,333 shares at a price of $0.15 per share.





The
Company had originally accepted the subscriptions received in March, 2009 but
had not issued shares in respect of the subscriptions.   On a
further review of available exemptions for the offering, management determined
that the subscriptions did not comply and therefore all of the subscriptions for
shares were rescinded by the subscribers.





At the
end of May 31, 2009, the Company declined to accept the aforementioned
subscriptions totaling 453,333 shares at a price of $0.15 per share, and the
investors agreed to allow funds received by the Company totaling $68,000 to
remain as loans payable. A portion of the funds totaling $13,000 was then repaid
to investors directly. The rest of the funds in the amount of $55,000 were
converted to loans pursuant to the terms of the rescission agreements which
assigned the funds to two individuals who agreed to carry the liability as loans
to the Company.





On August
10, 2009, the Company entered into debt settlement agreement with the two
individuals. In respect to the agreements, the Company confirmed its
indebtedness to the Creditors in an amount of $58,763 as of August 10, 2009, and
the Creditors agreed to accept the assets of the Company in settlement of the
debt





1.
            All
      office furniture and fittings, including computer equipment, desks, chairs
      and all other office fittings purchased from the period starting February
      2009 to current date and currently owned by the
  Company;





2.
            $10
      dollars and other good and valuable
  considerations.





The total
amount of $58,763 was recorded as other income for the Company.


F-13


CASCADE
TECHNOLOGIES CORP.


(A
DEVELOPMENT STAGE COMPANY)


NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS (continued)


(AUDITED)





NOTE
7          OTHER EVENTS
(CONT.)





On April
30, 2009, the Company entered into a Memorandum of Understanding (“MOU”) with
Brisk Solar Inc., a division of FEC Finance Energy Corp. (“Brisk”). Under the
terms of the MOU, the Company and Brisk had a period of sixty (60) days to
negotiate and finalize the terms of a definitive agreement whereby Brisk would
grant to the Company the exclusive rights to market the Brisk products and
services in the United States and the non-exclusive rights to market the
products and services globally, excluding Africa. The MOU proposed that the
Company issue to Brisk a total of six million (6,000,000) shares of the
Company’s common stock in exchange for the rights.  The definitive
agreement did not finalize and therefore the MOU is terminated.





NOTE
8          SUBSQUENT
EVENTS:





In early
November, 2009, the Company was contacted in regard to a potential business
acquisition outside of the renewable energy sector.  The Company
reviewed the acquisition opportunity and entered into a confidential non-binding
memorandum of understanding, with Spectral Molecular Imaging, Inc. (“SMI”) in
regard to this business opportunity.   Subsequently, on December
11, 2009, the Company and SMI entered into a binding memorandum of agreement
regarding the proposed acquisition.  SMI is in the business of
developing optical molecular imaging devices for early detection of certain
medical conditions.  The memorandum of agreement calls for the Company
to acquire all of the outstanding shares of SMI through the issuance of a
combination of common stock and preferred stock of the Company.  A
copy of the memorandum of agreement is included as an exhibit to this Annual
Report.  Consummation of the acquisition contemplated in the
memorandum of agreement is subject to a number of conditions, including the
Company obtaining at least $1million in financing through a private placement,
negotiation and execution of definitive agreements, and other conditions that
are customary for transactions of this type.  Prior to signing the
memorandum of agreement, the Company arranged with Crest Capital Corp., our
principal shareholder holding 150 million shares, to surrender for cancelation
142,110,816 shares of common stock.  Concurrently, the Company’s board
of directors approved a 2.64-for-1 share dividend, payable in respect of shares
following such cancelation.   The proposed record date and
payment date for the dividend are December 18 and December 21, 2009,
respectively.





On
November 30, 2009, the Board of Directors approved the issuance of a dividend to
shareholders of record as at December 18, 2009, whereby shareholders will
receive 2.64 dividend shares for each one share currently held.  The
proposed date for the dividend distribution is December 21, 2009.  The
dividend is subject to the cancellation of the 142,110,816 shares of the Company
as described above.





On
December 8, 2009, the Company received the resignation of Mr. Dwayne Flett as
President and a director.   On December 8, 2009, the Company
appointed Mr. Erik Lindsley, President and a director of the
Company.




The
Company has evaluated subsequent events from the balance sheet date through
December 14, 2009 and determined that there are no other items that require
disclosure.


F-14


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





There are
not currently and have not been any disagreements between us and our accountants
on any matter of accounting principles, practices or financial statement
disclosure.





ITEM
9A(T).       CONTROLS AND PROCEDURES.





Evaluation
of Disclosure Controls and Procedures





Under the
supervision and with the participation of our management, including our
principal executive officer and principal financial officer, we conducted an
evaluation of our disclosure controls and procedures, as such term is defined
under Rule 13a-15(e) promulgated under the Securities Exchange Act of 1934, as
amended (“Exchange Act”), as of August 31, 2009.  Based on this
evaluation, our principal executive officer and principal financial officer
concluded that our disclosure controls and procedures are effective in alerting
them on a timely basis to material information relating to our Company required
to be included in our reports filed or submitted under the Exchange
Act.





Management’s
Report on Internal Control over Financial Reporting





Our
management is responsible for establishing and maintaining adequate internal
control over financial reporting, as defined under Exchange Act Rules 13a-15(f)
and 14d-14(f).  Our internal control over financial reporting is
designed to provide reasonable assurance regarding the reliability of financial
reporting and the preparation of financial statements for external purposes in
accordance with generally accepted accounting principles.





All
internal control systems, no matter how well designed, have inherent limitations
and may not prevent or detect misstatements.  Therefore, even those
systems determined to be effective can only provide reasonable assurance with
respect to financial reporting reliability and financial statement preparation
and presentation.  In addition, projections of any evaluation of
effectiveness to future periods are subject to risk that controls become
inadequate because of changes in conditions and that the degree of compliance
with the policies or procedures may deteriorate.





Management
assessed the effectiveness of the Company’s internal control over financial
reporting as of August 31, 2009.  In making the assessment, management
used the criteria issued by the Committee of Sponsoring Organizations of the
Treadway Commission (COSO) in Internal Control-Integrated
Framework.   Based on its assessment, management concluded that,
as of August 31, 2009, the Company’s internal control over financial reporting
was effective to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting
principles.





This
annual report does not include an attestation report of the Company’s registered
public accounting firm regarding internal control over financial
reporting.  Management’s report was not subject to attestation by the
Company’s registered public accounting firm pursuant to the temporary rules of
the Securities and Exchange Commission that permit the Company to provide only
management’s report in this annual report.





Changes
in Internal Control Over Financial Reporting





There
were no significant changes (including corrective actions with regard to
significant deficiencies or material weaknesses) in our internal controls over
financial reporting that occurred during the quarter ended August 31, 2009, that
have materially affected, or are reasonably likely to materially affect, our
internal control over financial reporting.





ITEM
9B.            
OTHER INFORMATION





There are
no items that required disclosure in a Form 8-K during the fourth quarter of the
year covered by this Form 10-K that were not reported by the
Company.


9


PART
III







ITEM
10.             DIRECTORS,
EXECUTIVE OFFICERS, AND CORPORATE GOVERNANCE.





The
following table sets forth the names and ages of all directors and executive
officers of the Company as of December 8, 2009, indicating all positions and
offices with the Company held by each such person:





Our Board
of Directors consists of only one class. All of the directors will serve until
the next annual meeting of stockholders and until their successors are elected
and qualified, or until their earlier death, retirement, resignation or removal.
There are no family relationships among directors and executive officers. We
also have provided a brief description of the business experience of each
director and executive officer during the past five years and an indication of
directorships held by each director in other companies subject to the reporting
requirements under the Federal securities laws.





Name
            Age
            Position
            TermDr.
      Erik Lindsley
            38
            Director
            December
      8, 2009 to datePresident
            December
      8, 2009 to dateJacqueline
      Danforth
            37
            Director
            September
      10, 2008 to dateSecretary/Treasurer,
      CFO
            September
      10, 2008 to dateRick
      Walchuk
            53
            Director
            September
      10, 2008 to datePresident
            September
      10, 2008 to February 2, 2009





Our Board
of Directors consists of only one class. All of the directors will serve until
the next annual meeting of stockholders and until their successors are elected
and qualified, or until their earlier death, retirement, resignation or removal.
There are no family relationships among directors and executive
officers.  There are no arrangements or understandings between any
director or executive officer and any other person(s) pursuant to which a
director or executive officer was selected.  Our executive officers
are elected annually by our Board of Directors.





We know
of no pending proceedings to which any director, member of senior management, or
affiliate is either a party adverse to us, or our subsidiaries, or has a
material interest adverse to us or our subsidiaries.





None of
our executive officers or directors have been involved in any bankruptcy
proceedings within the last five years, been convicted in or has pending any
criminal proceedings, been subject to any order, judgment or decree enjoining,
barring, suspending or otherwise limiting involvement in any type of business,
securities or banking activity or been found to have violated any federal, state
or provincial securities or commodities law.





Dr.
Erik Lindsley, Director, President


Dr.
Lindsley will serve as the President with his principal responsibilities
including both business development and product research and development. Dr.
Lindsley currently serves as a Research Scientist in the Minimally Invasive
Surgical Technologies Institute at the Cedars Sinai Medical Center, Los
Angeles—a position he has held since April of 2005. From September 2003 to March
2005, Dr. Lindsley worked as a Post-doctoral Researcher in the Robotics
Institute (Spectral Visualization Lab) at Carnegie Mellon University,
Pittsburgh. Prior to 2003, Dr. Lindsley held various positions in the
bioengineering and high-tech fields, including engagements in research and
consulting. Dr. Lindsley received his B.S. in Computer Science and his M.S. in
Electrical Engineering from the University of Kansas, his Ph.D. in
Bioengineering from the University of Pittsburgh, and he completed his
Post-doctoral work in Bio-Imaging at Carnegie Mellon University.




Jacqueline
Danforth, Secretary/Treasurer, Chief Financial Officer and Director


Over the
past fourteen years, Ms. Danforth has worked for both private and publicly
traded companies providing management services and corporate governance
programs.  Ms. Danforth has extensive experience working with start up
operations, including direct involvement with public and private corporations
listed on both Canadian and US exchanges participating in all aspects of public
reporting, corporate governance, corporate finance and shareholder
communications.  She has worked in a broad range of industry sectors
including natural resources, food services and technology, and manufacturing and
has filled such roles as Vice- President, President, Chief Executive Officer and
Chief Financial Officer.


10


Currently,
Ms. Danforth is the President and Chief Executive Officer of FACT Corporation, a
publicly traded US corporation which has commercialized their proprietary food
technologies in the form of more nutritious bake mixes to manufacturers and
wholesale clients in the food industry.  Ms. Danforth is responsible for
sales and marketing, complex financial reporting, intellectual property
management, and overseeing the business and product development and R&D
initiatives.  Ms. Danforth is also the acting Chief Financial Officer and a
director of VioSolar, Inc., a company involved in the construction of solar
parks and traded on the US OTC/BB, and the acting Chief Financial Officer and a
director of Tire Environmental International Inc., a shell company quoted on the
Over the Counter Bulletin Board. Ms. Danforth continues to provide consulting
services on a limited basis to other private and public corporations, and serves
as an independent director and/or officer on several private
boards.





Rick
Walchuk, Member of the Board of Directors


Mr.
Walchuk previously spent 24 years as a stockbroker.  He graduated from the
University of Saskatchewan, with a B.A. degree in Commerce.  Since
graduation from the University of Saskatchewan, he has devoted most of his
professional career to domestic and international business transactions. 
In April, 2004, Mr. Walchuk was appointed Chief Executive Officer of a start-up
biotech company in Athens, Greece, a position he held until July, 2004.
 Mr. Walchuk then served as a consultant to various public companies.
 Mr. Walchuck is the president and a director of VioSolar, Inc., a company
involved in the construction of solar parks and traded on the US
OTC/BB.





Section 16(a) Beneficial Ownership
Reporting Compliance





Based on
a review of Forms 3, 4, and 5 and amendments thereto furnished to the registrant
during its most recent fiscal year, the following represents each person who did
not file on a timely basis reports required by Section 16(a) of the Exchange Act
during the most recent fiscal year:





Name
            Reporting
      Person
            Form
      3/# of transactions
            Form
      4/# of transactions
            Form
      5/# of transactionsJacqueline
      Danforth
            Director,
      CFO, 10% owner
            N/A
            Late/1
            N/A





Code
of Ethics





As of the
date of this report, the Company has not adopted a code of ethics that applies
to its principal executive officer, principal financial officer, principal
accounting officer or controller or persons performing similar functions. The
Company intends to review and finalize the adoption of a code of ethics as soon
as practicable. Upon adoption, the Company will file a copy of its code of
ethics with the Securities and Exchange Commission as an exhibit to its annual
report for the period during which the code of ethics is adopted.





Nominating
Committee





There
have been no material changes to the procedures by which security holders may
recommend nominees to the Company’s board of directors.





Audit
Committee





At this
time, the Company is not required to have an audit committee. Further, since
there are not sufficient independent members of the Board it is not feasible at
this time to have an audit committee.   The Board of Directors
performs the same functions as an audit committee.  The Board of
Directors in performing its functions as an audit committee has determined that
it does not have an audit committee financial expert.





ITEM
11.            
EXECUTIVE COMPENSATION.





Compensation
Discussion and Analysis





The
Company does not currently pay any compensation to any of its executive officers
and has not paid any compensation to any of its executive officers during the
last two fiscal years covered by this report.


11


Outstanding
Equity Awards at Fiscal Year-End





There
were no grants of stock options or stock appreciation rights to any officers,
directors, consultants or employees of our Company during the fiscal year ended
August 31, 2009.





Compensation
of Directors





We
reimburse our directors for expenses incurred in connection with attending board
meetings but did not pay director's fees or other cash compensation for services
rendered as a director in the year ended August 31, 2009. We have no present
formal plan for compensating our directors for their service in their capacity
as directors, although in the future, such directors are expected to receive
compensation and options to purchase shares of common stock as awarded by our
board of directors or (as to future options) a compensation committee which may
be established in the future. Directors are entitled to reimbursement for
reasonable travel and other out-of-pocket expenses incurred in connection with
attendance at meetings of our board of directors. The board of directors may
award special remuneration to any director undertaking any special services on
behalf of our company other than services ordinarily required of a director.
Other than indicated in this annual report, no director received and/or accrued
any compensation for his or her services as a director, including committee
participation and/or special assignments.





Compensation
Committee





We do not
currently have a compensation committee.  The Company’s Executive
Compensation is currently approved by the Board of Directors of the Company in
the case of the Company’s Principal Executive Officer.   For all
other executive compensation contracts, the Principal Executive Officer
negotiates and approves the contracts and compensation.





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





Security
Ownership of Certain Beneficial Owners


The
following table sets forth information, as of December 9, 2009, with respect to
the beneficial ownership of the Company’s Common Stock by each person known by
the Company to be the beneficial owner of more than 5% of the outstanding common
stock.  Information is also provided regarding beneficial ownership of
common stock if all outstanding options, warrants, rights and conversion
privileges (to which the applicable 5% stockholders have the right to exercise
in the next 60 days) are exercised and additional shares of common stock are
issued.





TITLE
      OFCLASS
            NAME
      AND ADDRESS OF BENEFICIAL OWNER
            AMOUNT
      AND NATURE OF BENEFICIAL OWNER
            PERCENT
      OFCLASS(1)Common
            Crest
      Capital Corp.(2)
              c/o
      1530 9th
      Ave S.E.,
              Calgary,
      Alberta T2G 0T7
            150,000,000
      shares held directly
            91.49%(1)
            Based
      upon 163,950,000 issued and outstanding shares of common stock as of
      December 9, 2009.(2)
            Jacqueline
      Danforth, an officer and director of the Company is the beneficial owner
      of Crest Capital Corp.





Security
Ownership of Management





The
following table shows, as of December 9, 2009, the shares of the Company’s
Common Stock beneficially owned by each director (including each nominee), by
each of the executive officers and by all directors and executive officers as a
group.  Information is also provided regarding beneficial ownership of
common stock if all outstanding options, warrants, rights and conversion
privileges (to which the applicable officers and directors have the right to
exercise in the next 60 days) are exercised and additional shares of common
stock are issued.


12





TITLE
      OFCLASS
            NAME
      OF BENEFICIAL OWNER
            AMOUNT
      AND NATURE OF BENEFICIAL OWNER
            PERCENT
      OFCLASS
      (1)Common
            Erik
      Lindsley, President and Director (Principal Executive
    Officer)
            0
            0.0%Common
            Rick
      Walchuk, Director
            25,000
            <0.01%Common
            Jacqueline
      Danforth, Secretary/Treasurer, Chief Financial Officer and
      Director
            150,000,000
      shares held indirectly(2)
            91.49%Common
            All
      Officers and Directors as a
              group
            Common
      Shares
            91.5%Notes(1)
            Based
      upon 163,950,000 issued and outstanding shares of common stock as of
      December 9, 2009.(2)
            These
      shares are held in the name of Crest Capital Corp., a company of which Ms.
      Danforth is the beneficial owner.





Changes
in Control





On
September 10, 2008, Crest Capital Corp., a company of which Ms. Danforth is the
sole Officer and Director, purchased a total of 10,000,000 shares of the issued
and outstanding common stock of Cascade Technologies Corp. (the "Company") from
Shannon MacQuarrie (Director), Bruce Hollingshead (Director and Officer), and
Christine Thomas (Director and Officer) of the Company, for an aggregate of
$1,000 in cash.  The total of 10,000,000 shares represented 91.49% of the
shares of outstanding common stock of the Company at the time of
transfer.





This
purchase of shares effected a change in Control of the Registrant.





On
September 10, 2008, Mr. Bruce Hollingshead, a Director and the President of
Cascade Technologies Corp. (the “Company”), resigned from the Board of Directors
and as President of the Company.   Mr. Hollingshead did not
resign as a result of any disagreement with the Company on any matter relating
to the Company’s operations, policies, or practices.





On
September 10, 2008, Christine Thomas, a Director and Secretary/Treasurer and
Chief Financial Officer of the Company, resigned as a Director and Secretary /
Treasurer and Chief Financial Officer.  Mrs. Thomas did not resign as a
result of any disagreement with the Company on any matter relating to the
Company’s operations, policies, or practices.





On
September 10, 2008, Shannon MacQuarrie, a Director of the Company, resigned as
Director of the Company.  Mrs. MacQuarrie did not resign as a result of any
disagreement with the Company on any matter relating to the Company’s
operations, policies, or practices.





On
September 10, 2008, Rick Walchuk was appointed to the Board of Directors of the
Company and as President of the Company and on September 10, 2008, Jacqueline
Danforth was appointed to the Board of Directors of the Company and Secretary /
Treasurer and Chief Financial Officer of the Company.





On
February 2, 2009, Mr. Rick Walchuk resigned as President of the Company and
subsequently on February 3, 2009, Mr. Dwayne Flett was appointed a director and
President of the Company.




On
December 8, 2009, Mr. Dwayne Flett resigned as President and a director of the
Company and  concurrently on December 8, 2009, Dr. Erik Lindsley was
appointed President and a Director of the Company.  Mr. Flett did not
resign as a result of any disagreement with the Company on any matter relating
to the Company’s operations, policies or practices.





13


ITEM
13.             CERTAIN
RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR   INDEPENDENCE.





Certain
Relationships and Related Transactions





Not
Applicable




Review,
Approval or Ratification of Transactions With Related
Persons




The
Company does not currently have any written policies and procedures for the
review, approval or ratification of any transactions with related
persons.




Promoters
and Certain Control Persons


None




Parents


There are
no parents of the Company




Director
Independence




As of the
date of this Annual Report, we have one independent director, Rick
Walchuk.





The
Company has developed the following categorical standards for determining the
materiality of relationships that the Directors may have with the Company. A
Director shall not be deemed to have a material relationship with the Company
that impairs the Director's independence as a result of any of the following
relationships:





1.
            the
      Director is an officer or other person holding a salaried position of an
      entity (other than a principal, equity partner or member of such entity)
      that provides professional services to the Company and the amount of all
      payments from the Company to such entity during the most recently
      completed fiscal year was less than two percent of such entity’s
      consolidated gross revenues;


2.
            the
      Director is the beneficial owner of less than five (5%) per cent of the
      outstanding equity interests of an entity that does business with the
      Company;


3.
            the
      Director is an executive officer of a civic, charitable or cultural
      institution that received less than the greater of one million
      ($1,000,000) dollars or two (2%) per cent of its consolidated gross
      revenues, as such term is construed by the New York Stock Exchange for
      purposes of Section 303A.02(b)(v) of the Corporate Governance Standards,
      from the Company or any of its subsidiaries for each of the last three (3)
      fiscal years;


4.
            the
      Director is an officer of an entity that is indebted to the Company, or to
      which the Company is indebted, and the total amount of either the
      Company's or the business entity's indebtedness is less than three (3%)
      per cent of the total consolidated assets of such entity as of the end of
      the previous fiscal year; and


5.
            the
      Director obtained products or services from the Company on terms generally
      available to customers of the Company for such products or services. The
      Board retains the sole right to interpret and apply the foregoing
      standards in determining the materiality of any
    relationship.





The Board
shall undertake an annual review of the independence of all non-management
Directors. To enable the Board to evaluate each non-management Director, in
advance of the meeting at which the review occurs, each non-management Director
shall provide the Board with full information regarding the Director’s business
and other relationships with the Company, its affiliates and senior
management.





Directors
must inform the Board whenever there are any material changes in their
circumstances or relationships that could affect their independence, including
all business relationships between a Director and the Company, its affiliates,
or members of senior management, whether or not such business relationships
would be deemed not to be material under any of the categorical standards set
forth above. Following the receipt of such information, the Board shall
re-evaluate the Director's independence.


14


ITEM
14.             PRINCIPAL
ACCOUNTANT FEES AND SERVICES







The
following table sets forth the fees billed to the Company for professional
services rendered by the Company's principal accountant, for the year ended
August 31, 2009 and August 31, 2008:




Services
            
            $
            2009
            
            
            $
            2008Audit
      fees
            
            
            4,000
            
            
            
            3,000Audit
      related fees
            
            
            6,000
            
            
            
            7,635Tax
      fees
            
            
            0
            
            
            
            0Total
      fees
            
            
            10,000
            
            
            
            10,635




Audit
fees consist of fees for the audit of the Company's annual financial statements
or the financial statements of the Company’s subsidiaries or services that are
normally provided in connection with the statutory and regulatory filings of the
annual financial statements.





Audit-related
services include the review of the Company's financial statements and quarterly
reports that are not reported as Audit fees.




Tax fees
included tax planning and various taxation matters.




PART
IV





ITEM
15.  EXHIBITS, FINANCIAL STATEMENT SCHEDULES





Financial
Statements





The
following consolidated financial statements of the Company are filed as part of
this Annual Report on Form 10-K as follows:





Report
      of Independent Registered Public Accounting Firm
            F-3Consolidated
      Balance Sheets
            F-4Consolidated
      Statements of Operations
            F-5Consolidated
      Statement of Changes in Stockholders’ Equity (Deficit)
            F-6Consolidated
      Statements of Cash Flows
            F-7Notes
      to the Consolidated Financial Statements
            F-8
      to F-14





All other
schedules have been omitted because they are not applicable, not required under
the instructions, or the information requested is set forth in the consolidated
financial statements or related notes there to.


15


Exhibits





Number
            Description3.1
            Articles
      of Incorporation
            Incorporated
      by reference to the Exhibits filed with the Form SB-2 filed under SEC file
      number 333-1242843.1(i)
            Amended
      Articles of Incorporation
            Incorporated
      by reference to the Form 8-K filed with the SEC on July 28,
      20083.1(ii)
            Amended
      Articles of Incorporation
            Incorporated
      by reference to the Form 8-K filed with the SEC on January 2,
      2009.3.2
            Bylaws
            Incorporated
      by reference to the Exhibits filed with the Form SB-2 filed under SEC file
      number 333-1242843.2(i)
            Amended
      Bylaws
            Incorporated
      by reference to our Schedule 14C filed with the SEC on March 20,
      200710.1
            Memorandum
      of Understanding between Cascade Technologies Corp and Brisk Solar Inc.
      dated April 30, 2009
            Incorporated
      by reference to our Form 8-K filed with  the SEC on May 5,
      200910.2
            Memorandum
      of Agreement between Cascade Technologies Corp. and Spectral Molecular
      Imaging, Inc.
            Filed
      herewith31.1
            Section
      302 Certification - Principal Executive Officer
            Filed
      herewith32.1
            Certification
      Pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of
      the Sarbanes-Oxley Act of 2002
            Filed
      herewith





16





SIGNATURES





Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.





CASCADE
      TECHNOLOGIES CORP.





Date:
            December
      15, 2009
            By:
            /s/
      Jacqueline DanforthName:
            Jacqueline
      DanforthTitle:
            Principal
      Executive Officer, Secretary, Treasurer, Principal Financial
      Officer





In
accordance with the Exchange Act, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and on the
dates indicated, who constitute the entire board of directors:





Date:
            December
      15, 2009
            By:
            /s/
      Jacqueline DanforthName:
            Jacqueline
      DanforthTitle:
            DirectorDate:
            December
      15, 2009
            By:
            /s/
      Rick WalchukName:
            Rick
      WalchukTitle:
            Director




17