UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


Washington,
D.C. 20549





FORM
10-Q




(Mark
One)




R
            QUARTERLY
      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
      1934




For the
quarterly period ended November 30, 2008




or




£
            TRANSITION
      REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
      1934




For the transition period from
__________ to ______________





Commission File
Number:  000-52141







CASCADE 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 9thAve SE, Calgary, Alberta
            T2G 0T7(Address
      of principal executive offices)
            (Zip
      Code)




(403)
693-8000


(Registrant’s
telephone number, including area code)







(Former name, former address and former
fiscal year, if changed since last report)





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.





(1) Yes R No £


(2) Yes
R No £




Indicate by check mark whether the
registrant is a large accelerated filer, an accelerated filer, a non-accelerated
filer, or a smaller reporting company.  See 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 R No £










APPLICABLE
ONLY TO ISSUERS INVOLVED IN BANKRUPTCY


PROCEEDINGS
DURING THE PRECEDING FIVE YEARS:





Indicate by check mark whether the
registrant filed all documents and reports required to be filed by Section 12,
13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the
distribution of securities under a plan confirmed by a court.Yes £No £





APPLICABLE
ONLY TO CORPORATE ISSUERS





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




10,930,000
common shares outstanding as of December 17, 2008.





2





CASCADE
TECHNOLOGIES CORP.


TABLE
OF CONTENTS




PagePART
      I – FINANCIAL INFORMATIONItem
      1.
              Financial
      Statements
              F-1
      to F-6Item
      2.
              Management’s
      Discussion and Analysis of Financial Condition and Results of
      Operations
              5Item
      3.
              Quantitative
      and Qualitative Disclosures About Market Risk
              7Item
      4.
              Controls
      and Procedures
              7PART
      II – OTHER INFORMATIONItem
      1.
              Legal
      Proceedings
              7Item
      1A.
              Risk
      Factors
              8Item
      2.
              Unregistered
      Sales of Equity Securities and Use of Proceeds
              8Item
      3.
              Defaults
      Upon Senior Securities
              8Item
      4.
              Submission
      of Matters to a Vote of Security Holders
              8Item
      5.
              Other
      Information
              8Item
      6.
              Exhibits
              9Signatures
              
              10


3





PART
I




ITEM
1.                                FINANCIAL
STATEMENTS





The
accompanying unaudited financial statements have been prepared in accordance
with generally accepted accounting principles for interim financial information
and with the instructions for Form 10-Q and Article 210 8-03 of Regulation
S-X.  Accordingly, they do not include all of the information and
footnotes required by generally accepted accounting principles for complete
financial statements.  In the opinion of management, all adjustments
considered necessary for a fair presentation have been included.  All
such adjustments are of a normal recurring nature.  Operating results
for the three month period ended November 30, 2008, are not necessarily
indicative of the results that may be expected for the fiscal year ending August
31, 2009.  For further information refer to the financial statements
and footnotes thereto included in the Company’s Annual Report on Form 10-K for
the year ended August 31, 2008.




PageUnaudited
      Financial StatementsBalance
      Sheets
            F-1Statements
      of Operations
            F-2Statements
      of Cash Flows
            F-3Notes
      to Unaudited Financial Statements
            F-4
      to F-6


4





CASCADE
      TECHNOLOGIES CORP.
                  (A
      DEVELOPMENT STAGE COMPANY)
                  BALANCE
      SHEETSNovember
      30,
                  2008
                
                
                August
      31,
                  2008(Unaudited)
                
                
                (Audited)Current
      AssetsCash
                
                $
                145
                
                
                $
                1,435Prepaid
      expense
                
                
                -
                
                
                
                600Total
      Current Assets
                
                
                145
                
                
                
                2,035Total
      assets
                
                $
                145
                
                
                $
                2,035LIABILITIES
      AND STOCKHOLDERS’ DEFICITCurrent
      LiabilitiesAccounts
      payable and accrued expenses
                
                $
                9,289
                
                
                $
                239Accrued
      interest
                
                
                921
                
                
                
                451Short
      term loan (Note 2)
                
                
                19,740
                
                
                
                -Loan
      from shareholders
                
                
                -
                
                
                
                19,659Total
      Current Liabilities
                
                
                29,950
                
                
                
                20,349Total
      liabilities
                
                
                29,950
                
                
                
                20,349Stockholders'
      DeficitCommon
      stock; no par value, 500,000,000 shares authorized, 10,930,000 shares
      issued and outstanding
                
                
                94,000
                
                
                
                94,000Accumulated
      deficit during development stage
                
                
                (123,805
                )
                
                
                (112,314
                )Total
      stockholders' deficit
                
                
                (29,805
                )
                
                
                (18,314
                )Total
      liabilities and stockholders' deficit
                
                $
                145
                
                
                $
                2,035







The
accompanying notes are an integral part of these financial
statements.


F-1





CASCADE
      TECHNOLOGIES CORP.
                  (A
      DEVELOPMENT STAGE COMPANY)
                  STATEMENTS
      OF OPERATIONS
                  (Unaudited)From
      January 16,2004 (Date of Inception)
                  Through
                  November
      30, 2008Three
      months ended November 30,2008
                
                
                2007Revenues
                
                $
                -
                
                
                $
                -
                
                
                $
                6,672Cost
      of revenues
                
                
                -
                
                
                
                -
                
                
                
                6,221Gross
      profit
                
                
                -
                
                
                
                -
                
                
                
                451Operating
      expensesSelling
      general and administrative
                
                
                11,491
                
                
                
                2,760
                
                
                
                124,256Total
      operating expenses
                
                
                11,491
                
                
                
                2,760
                
                
                
                124,256Loss
      before provision for income taxes
                
                
                (11,491
                )
                
                
                (2,760
                )
                
                
                (123,805
                )Net
      loss
                
                $
                (11,491
                )
                
                $
                (2,760
                )
                
                $
                (123,805
                )Basic
      loss per common share
                
                
                (0.00
                )
                
                
                (0.00
                )Basic
      weighted average common shares outstanding
                
                
                10,930,000
                
                
                
                10,930,000





The
accompanying notes are an integral part of these financial
statements.


F-2





CASCADE
      TECHNOLOGIES CORP.
                    (A
      DEVELOPMENT STAGE COMPANY)
                    STATEMENTS
      OF CASH FLOWS
                    (Unaudited)From
      January 16,2004 (Date of Inception)
                    Through
                    November
      30, 2008Three
      months ended November 30,2008
                  
                  
                  2007Cash
      flow from operating activities:Net
      loss
                  
                  $
                  (11,491
                  )
                  
                  $
                  (2,760
                  )
                  
                  $
                  (123,805
                  )Adjustments
      to reconcile net loss
                    to
      net cash used by operating activities:Stock
      based compensation
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  1,000Changes
      in operating assets and liabilities:Decrease
      to prepaid expense
                  
                  
                  600
                  
                  
                  
                  -
                  
                  
                  
                  -Increase
      in accounts payable
                  
                  
                  9,050
                  
                  
                  
                  -
                  
                  
                  
                  9,289Increase
      in accrued interest
                  
                  
                  470
                  
                  
                  
                  -
                  
                  
                  
                  921Increase
      in short term loans
                  
                  
                  81
                  
                  
                  
                  714
                  
                  
                  
                  19,740Net
      cash used by operating activities
                  
                  
                  (1,290
                  )
                  
                  
                  (2,046
                  )
                  
                  
                  (92,855
                  )Cash
      flows from financing activities:Proceeds
      from issuance of common stock
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  93,000Net
      cash provided by financing activities:
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  93,000Net
      change in cash
                  
                  
                  (1,290
                  )
                  
                  
                  (2,046
                  )
                  
                  
                  145Cash,
      beginning of period
                  
                  
                  1,435
                  
                  
                  
                  8,867
                  
                  
                  
                  -Cash,
      end of period
                  
                  $
                  145
                  
                  
                  $
                  6,821
                  
                  
                  $
                  145











The
accompanying notes are an integral part of these financial
statements.





F-3


CASCADE
TECHNOLOGIES CORP.


(A
DEVELOPMENT STAGE COMPANY)


NOTES
TO FINANCIAL STATEMENTS FOR THE THREE MONTHS END


NOVEMEBER
30, 2008


(UNAUDITED)





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.





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 has begun generating revenue,
is considered a development stage company, has experienced recurring net
operating losses, had an accumulated deficit of ($123,805) and had a working
capital deficiency of $(29,805) as of November 30, 2008. 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)
            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.





(d)
            Fair
      value of financial instruments:




The
carrying value of cash equivalents and accrued expenses approximates fair value
due to the short period of time to maturity.





(e)
            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.





F-4


CASCADE
TECHNOLOGIES CORP.


(A
DEVELOPMENT STAGE COMPANY)


NOTES
TO FINANCIAL STATEMENTS FOR THE THREE MONTHS END


NOVEMEBER
30, 2008


(UNAUDITED)





NOTE 1 -   ORGANIZATION AND SUMMARY OF
SIGNIFICANT ACCOUNTING POLICIES (Cont’d)





(f)
            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.





(g)
            New
      accounting pronouncements:





In May of
2008 the Financial Accounting Standards Board (FASB) issued Statement of
Financial Accounting Standards (SFAS) No. 163, “Accounting for Financial Guarantee
Insurance – an interpretation of FASB Statement No. 60, Accounting and Reporting
by Insurance Enterprises”.This statement requires that an
insurance enterprise recognize a claim liability prior to an event of default
(insured event) when there is evidence that credit deterioration has occurred in
an insured financial obligation.  This statement also clarifies how
Statement 60 applies to financial guarantee insurance contracts.  This
statement is effective for fiscal years beginning after December 15, 2008.
 This statement has no effect on the Company’s financial reporting at this
time.




In May of
2008, the FASB issued Statement No. 162, “The Hierarchy of Generally Accepted
Accounting Principles.”This statement identifies literature
established by the FASB as the source for accounting principles to be applied by
entities which prepare financial statements presented in conformity with
generally accepted accounting principles (GAAP) in the United States.  This
statement is effective 60 days following approval by the SEC of the Public
Company Accounting Oversight Board amendments to AU Section 411, “The Meaning of Present Fairly in
Conformity With Generally Accepted Accounting Principles.”This
statement will require no changes in the Company’s financial reporting
practices.





In March
2008, the Financial Accounting Standards Board (“FASB”) issued Statement of
Financial Accounting Standards (“SFAS”) No. 161, DISCLOSURES ABOUT DERIVATIVE
INSTRUMENTS AND HEDGING ACTIVITIES (an amendment to SFAS No. 133). This
statement is effective for financial statements issued for fiscal years and
interim periods beginning after November 15, 2008 and requires enhanced
disclosures with respect to derivative and hedging activities. The Company will
comply with the disclosure requirements of this statement if it utilizes
derivative instruments or engages in hedging activities upon its
effectiveness.





In
December 2007, the FASB issued SFAS No. 141 (revised 2007), BUSINESS
COMBINATIONS. This revision to SFAS No. 141 requires an acquirer to recognize
the assets acquired, the liabilities assumed, and any non-controlling interest
in the acquiree at the acquisition date, at their fair values as of the
acquisition date, with limited exceptions. This revision also requires that
acquisition-related costs be recognized separately from the assets acquired and
that expected restructuring costs be recognized as if they were a liability
assumed at the acquisition date and recognized separately from the business
combination. In addition, this revision requires that if a business combination
is achieved in stages, that the identifiable assets and liabilities, as well as
the non-controlling interest in the acquiree, be recognized at the full amounts
of their fair values.


F-5





CASCADE
TECHNOLOGIES CORP.


(A
DEVELOPMENT STAGE COMPANY)


NOTES
TO FINANCIAL STATEMENTS FOR THE THREE MONTHS END


NOVEMEBER
30, 2008


(UNAUDITED)





NOTE 1 -   ORGANIZATION AND SUMMARY OF
SIGNIFICANT ACCOUNTING POLICIES (Cont’d)





(h)           A
development stage company:





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





NOTE 2 -   NOTES PAYABLE:





As of
November 30, 2008, 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
$19,740.





NOTE 3 - OTHER EVENTS:




On
September 10, 2008, Crest Capital Corp., a private Belize company, purchased a
total of 10,000,000 of the 10,930,000 issued and outstanding shares of common
stock of Cascade Technologies Corp. (the "Company") from the directors and
officers of the Company, for cash totaling $1,000.  The total of 10,000,000
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.
  On
September 10, 2008, Mr. Bruce Hollingshead, a Director and the President of
Cascade Technologies Corp. (the “Company”), informed the Board of Directors of
the Company that he was resigning from the Board of Directors and as President
of the Company effective immediately.  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, informed the Board of Directors of the
Company that she was resigning as a Director and Secretary / Treasurer and Chief
Financial Officer effective immediately.  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, informed the
Board of Directors of the Company that she was resigning as Director of the
Company effective immediately. 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.




NOTE 4
- SUBSEQUENT EVENT:




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 will
receive 15  shares of common stock  in exchange for every 1
existing share of common stock currently held.  The transfer agent for
the Company has been directed to issue and deliver, upon receipt by the Transfer
Agent of an existing stock certificate of the Company, such number of shares of
stock to each shareholder so as to effect the forward split.




F-6




ITEM
2.                      MANAGEMENT'S
DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS







FORWARD-LOOKING
STATEMENTS




This
quarterly 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.






Such
factors include, among others, the following: international, national and local
general economic and market
conditions:  demographic  changes; the ability of the
Company to sustain,  manage or  forecast  its
growth;  the ability of the Company to successfully make and integrate
acquisitions;  raw material costs and availability;  new
product  development
and  introduction;  existing  government
regulations  and  changes  in,  or  the  failure  to  comply  with,   government
regulations;  adverse publicity;  competition; the loss of
significant customers or
suppliers;  fluctuations  and  difficulty in
forecasting  operating  results; changes in business
strategy or
development  plans;  business  disruptions;  the
ability  to
attract  and  retain  qualified  personnel;  the  ability
to protect technology; and other factors referenced in this and previous
filings.






Although
we believe that the expectations reflected in the forward-looking statements are
reasonable, we cannot guarantee future results, levels of activity or
performance.  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.





Given
these uncertainties, readers of this Form 10-Q and investors are cautioned not
to place undue reliance on such forward-looking statements.  The
Company disclaims any obligation to update any such factors or to publicly
announce the result of any revisions to any of the forward-looking statements
contained herein to reflect future events or developments.




All
dollar amounts stated herein are in US dollars unless otherwise
indicated.





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").  The
following discussion of our financial condition and results of operations should
be read in conjunction with our audited financial statements for the years ended
August 31, 2008, and 2007, together with notes thereto.  As used in this
quarterly report, the terms "we", "us", "our", and the "Company" mean Cascade
Technologies Corp., unless the context clearly requires
otherwise.





Plan
of Operation





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





Based on
the performance and sales activity to date, management plans to advertise these
parts for sale on our website and related internet websites like Broker Forum
(www.brokerforum.com).





As the
sales for the Company have been slower in increasing than expected, the
Company’s advertising program has been slow to develop.  Our plan was
to advertise in the North American weekly electronics buyer’s publication of
Electronic Buyers News (EBN) as well as through major global websites that are
used to source components. Also, additional plans remain 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.


5


The
Company business plan also calls for the Company to hire a full time sales
person to cover North America and Europe on competitive employment
terms.






To date,
our Company has not been as successful as hoped in implementing our business
plan; however, we have generated good relationships with our supplier
contacts.




As of the
date of this report, present management is reviewing the current business plan
and making a determination as to whether to proceed with the current business or
to divest and seek other business opportunities.





The
management of the Company intended to make this decision prior to December 31,
2008, however due to time constraints and the holiday season, management may
delay any decision until the end of January, 2009.





Should
management determine to continue with its existing business, our business plan
requires approximately $160,000 to be expended over the next 12
months.  We do not currently have the capital required to fund our
existing business plan.  We intend to raise the capital by way of
loans, the sale of equity, or such other means as may present themselves to the
Company, however there can be no assurance that we will be successful in raising
these funds.  Should we determine to divest of our existing business,
there can be no assurance that we will find another business suitable for
acquisition or that, should we fund such business, that we will be able to
finalize a transaction.





Based on
retaining our current business, over the next twelve months, we plan
to:





(a)
            Raise
      additional capital to execute our business plans.(b)
            Further
      penetrate the sales market worldwide with out product
      offerings.(c)
            Build
      up a network of strategic alliances with several types of suppliers or
      other industries that provide a return for our
    shareholders.(d)
            Fill
      the positions of senior management sales, administrative and engineering
      positions.





Cash
Requirements





For the
next twelve months we plan to expend a total of approximately $160,000 in
implementing our business plan. We estimate our operating expenses and working
capital requirements for the next twelve months as follows:





Estimated
      ExpensesGeneral
      and Administrative
              
              $
              14,000Sales
      and Marketing
              
              $
              130,000Operations
              
              $
              6,000Professional
      Services
              
              $
              10,000Total
              
              $
              160,000





Our
estimated expenses over the next twelve months are broken down as
follows:





1.
            General and
      Administrative.We anticipate
      spending approximately $14,000 on general and administration costs in the
      next twelve months.2.
            Sales and Marketing. We
      anticipate that we may spend up to $130,000 in the next twelve months in
      the sales and marketing to further develop our supplier and customer base.
      This amount reflects our commitment to invest in promotional activities
      for our future products.3.
            Operations. We
      anticipate that we may spend up to $6,000 in the next twelve months in the
      operations of the Company.4.
            Professional Services.
      We anticipate that we may spend up to $10,000 in the next twelve months in
      professional services.


6


Liquidity
and Capital Resources





As of
November 30, 2008, our cash balance is $145. 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, and our ability to achieve and
maintain profitable operations. Management believes that our 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. We project that we will require
an estimated additional $160,000 over the next twelve month period to fund our
operating cash shortfall. 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 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.





Off-balance
Sheet Arrangements





We have
no off-balance sheet arrangements.





ITEM
3.                                 QUANTITATIVE
AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK





Not
applicable




ITEM
4T.                                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 September 30, 2008.  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.





Changes
in Internal Controls





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 September 30, 2008,
that have materially affected, or are reasonably likely to materially affect,
our internal control over financial reporting.





PART
II – OTHER INFORMATION




ITEM
1.  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 Form 10-Q.


7




ITEM
1A.                      RISK
FACTORS





Not
Applicable





ITEM
2.                                UNREGISTERED
SALES OF EQUITY SECURITIES AND USE OF PROCEEDS





Not
Applicable





ITEM
3.  DEFAULTS UPON SENIOR SECURITIES





Not
Applicable





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





Not
Applicable





ITEM
5.  OTHER INFORMATION





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 will
receive 15  shares of common stock  in exchange for every 1
existing share of common stock currently held.  The transfer agent for
the Company has been directed to issue and deliver, upon receipt by the Transfer
Agent of an existing stock certificate of the Company, such number of shares of
stock to each shareholder so as to effect the forward split.





8


ITEM
6.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
              Amended
      Bylaws
              Incorporated
      by reference to our Schedule 14C filed with the SEC on March 20,
      200731.1
              Section
      302 Certification - Principal Executive Officer
              Filed
      herewith31.2
              Section
      302 Certification - Principal Financial 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
      herewith32.2
              Certification
      Pursuant to 18 U.S.C.
                Section
      1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
      2002
              Filed
      herewith





9


SIGNATURES





Pursuant
to the requirements of Section 13 or 15(d) 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, on this 2nd day of
January, 2009.





By:/s/ Rick
Walchuk


Name:
Rick Walchuk


Title:
President/CEO, principal executive
officer                                                                                                Dated:  January
2, 2009





By: /s/ Jacqueline
Danforth


Name:
Jacqueline Danforth


Title:
Chief Financial Officer, principal financial
officer                                                                                     Dated:  January
2, 2009







10