SECURITIES
AND EXCHANGE COMMISSION


Washington,
D.C.  20549





FORM
10-KSB/A





{X}
            ANNUAL
      REPORT PURSUANT TO SECTION 13 OR 15(D) OFTHE
      SECURITIES EXCHANGE ACT OF 1934 (FEE
REQUIRED)





For the fiscal year ended
June 30, 2007








Commission File
Number:  0-13011





TNR
TECHNICAL,
INC.


(Exact
name of Registrant as specified in its charter)








New York
            11-2565202(State of
      jurisdiction of incorporation or organization)
            (I.R.S.
      Employer Identification Number)301
      Central Park Drive, Sanford, Florida
            32771(Address of
      principal executive offices)
            (Zip
      Code)Registrant's
      telephone number, including area code:
            (407)
      321-3011




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





None







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





Common
Stock, $.02 Par
Value


(Title of
Class)





Check
whether the Registrant is not required to file reports pursuant to Section 13 or
15(d) of the Exchange Act. [ ]





Indicate
by check mark whether the Registrant (1) has filed all reports required to be
filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the Registrant was required
to file such reports) and (2) has been subject to such filing requirements for
the past 90 days. Yes X.   No ___.





Indicate
by check mark if disclosure of delinquent filers in response to Item 405 of
Regulation S-B is not contained in this form, and no disclosure will 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-KSB or any amendment to this Form 10-KSB
[  ].





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
issuer’s revenues for its most recent fiscal year: $ 9,615,164.




As of
September 21, 2007, the number of shares held by non-affiliates was 132,091
shares.  The approximate market value based on the last sale (i.e. $35
per share) of the Company’s Common Stock as of the  trade date of
September 21, 2007 held by non-affiliates was approximately
$­­4,623,185.  The number of shares outstanding of the
issuer's Common Stock as of September 21, 2007 was 307,795.









Table of Contents





EXPLANATORY
NOTE





The Company is filing this
10-KSB/A for the year ended June 30, 2007 to amend Item 8 (a) Controls and
Procedures. This amendment clarifies the conclusion reached by our Chief
Executive Officer and Chief Financial Officer as to whether our disclosure
controls and procedures are effective for our fiscal year ended June 30,
2007. On May 10, 2007, the Company’s Form 10-QSB for the quarter
ended December 31, 2006 was amended to restate the financial statements to
correct an internal accounting error related to the tax effect of stock options
exercised in December 2006. Because of the accounting error, the Company’s
current income tax expense was understated and net income was overstated for the
three and six months ended December 31, 2006 by $428,000. In addition, the
year-end tax provision lacked adequate review by management and resulted in a
material adjustment for the year ended June 30, 2007. As a result,our Chief Executive
Officer and Chief Financial Officer determined our disclosure controls and
procedureswere not effective in reporting, on a timely basis,
information required to be disclosed by the Company in the reports the Company
files or submits under the Exchange Act.


Item 8(a). Controls and
Procedures





Management
has not yet completed, and is not yet required to have completed, its assessment
of the effectiveness of internal control over financial reporting as required by
Section 404 of the Sarbanes-Oxley Act.





The
Company maintains disclosure controls and procedures that are designed to ensure
that information required to be disclosed in the Company's Exchange Act reports
is recorded, processed, summarized and reported within the time periods
specified in the SEC's rules and forms, and that such information is accumulated
and communicated to the Company's management, including its Chief Executive
Officer and Chief Financial Officer, as appropriate, to allow timely decisions
regarding required disclosure based closely on the definition of “disclosure
controls and procedures” in Rules 13a-15(e). In designing and evaluating the
disclosure controls and procedures, management recognized that any controls and
procedures, no matter how well designed and operated, can provide only
reasonable assurance of achieving the desired control objectives, and management
necessarily was required to apply its judgment in evaluating the cost-benefit
relationship of possible controls and procedures. The Company carried out an
evaluation, under the supervision and with the participation of the Company's
management, including the Company's Chief Executive Officer and Chief Financial
Officer, of the effectiveness of the design and operation of the Company's
disclosure controls and procedures. Based on that evaluation, the Company’s
Chief Executive Officer and Chief Financial Officer concluded that the Company's
disclosure controls and procedures were not effective in reporting, on a timely
basis, information required to be disclosed by the Company in the reports the
Company files or submits under the Exchange Act, because of the material
weakness in its internal control over financial reporting as of June 30, 2007,
as described below. There have been no changes in the Company’s disclosure
controls and procedures or in other factors that could affect the disclosure
controls subsequent to the date the Company completed its evaluation, except as
stated below.





A
material weakness in internal control over financial reporting is defined by
Public Company Accounting Oversight Board (“PCAOB”) Auditing Standard No. 2 as a
significant deficiency, or combination of significant deficiencies, that results
in more than a remote likelihood that a material misstatement of the annual or
interim financial statements will not be prevented or detected.





A
significant deficiency is a control deficiency, or combination of control
deficiencies, that adversely affects the Company’s ability to initiate,
authorize, record, process or report external financial data reliably in
accordance with generally accepted accounting principles such that there is more
than a remote likelihood that a misstatement of the Company’s annual or interim
financial statements that is more than inconsequential will not be prevented or
detected.





The
Company identified the following material weakness relating to internal controls
over reporting on income taxes:





On May
10, 2007, the Company’s Form 10-QSB for the quarter ended December 31, 2006 was
amended to restate the financial statements to correct an internal accounting
error related to the tax effect of stock options exercised in December 2006.
Because of the accounting error, the Company’s current income tax expense was
understated and net income was overstated for three and six months ended
December 31, 2006 by $428,000. In addition, the year-end tax provision lacked
adequate review by management and resulted in a material adjustment for the year
ended June 30, 2007.





Our
disclosure controls and procedures now include retaining competent professional
review to assist us in determining the tax effect of employee stock options and
other timing differences between the book and tax basis of our assets and
liabilities.






3




Item
13. Exhibits






3
            
            Certificate of
      Incorporation and Amendments thereto. (1)3(A)
            
            By-Laws.
    (1)3(B)
            
            February 1992
      Certificate of Amendment to Certificate of Incorporation (2)10
            
            Lease Agreement
      dated January 17, 1996 by and between RKW Holding Ltd. and the Registrant
      (3)10.1
            
            Amended lease with
      RKW Holdings Ltd. (5)11
            
            Earnings per
      share.  See Financial Statements14.1
            
            Code of Ethics and
      Code of Conduct (6)31.1
            
            Chief Executive
      Officer Rule 13a-14(a)/15d-14(a) Certification (*)31.2
            
            Chief Financial
      Officer Rule 13a-14(a)/15d-14(a) Certification (*)32
            
            Chief Executive
      Officer and Chief Financial Officer Section 1350 Certification
    (**)99
            
            1998 Incentive and
      Non-Statutory Stock Option Plan (4)99.1
            
            Amendment to 1998
      Incentive and Non-Statutory Stock Option Plan
(6)


__________________





* Filed
herewith.


**
Previously filed.


(1)
Exhibits 3 and 3(A) are incorporated by reference from Registration
No. 2-85110


which
were filed in a Registration Statement on Form S-18.


(2)
Incorporated by reference to Form 10-KSB for the fiscal year ended
July 31, 1992.


(3)
Incorporated by reference to Form 10-KSB for the fiscal year ended July 31,
1996.


(4)
Incorporated by reference to Form 10-KSB for the fiscal year ended July 31,
1999.


(5)
Incorporated by reference to Form 8-K dated June 8, 2005 filed for June 1, 2005
-


date
of earliest event.


(6)
Incorporated by reference to Form 10-KSB for the fiscal year ended June 30,
2005.









4







SIGNATURES





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




TNR
      TECHNICAL, INC.Dated:  Sanford,
      Florida
              By:
              /s/ 
      Wayne ThawApril
      25, 2008
              
              Wayne
      Thaw, Chief Executive OfficerTitle











Pursuant
to the requirements of the Securities Exchange Act of 1934, this Report has been
signed below by the following persons on behalf of the Registrant and in the
capacities and on the dates indicated:














Signatures
            
            Title
            
            Date/s/ Anne
      Provost
            
            Principal Financial
      and Accounting Officer
            
            April 25,
    2008Anne
      ProvostDirectorJerrold
      Lazarus/s/ Wayne
    Thaw
            
            Chairman of
      the Board, Chief Executive Officer President
            
            April 25,
    2008Wayne
      Thaw/s/ Mitchell
      Thaw
            
            Director
            
            April 25,
    2008Mitchell
    Thaw/s/ Patrick
      Hoscoe
            
            Vice
      President and Director
            
            April 25,
    2008Patrick
      Hoscoe/s/ Larry J.
      Kaczmarek
            
            Director
            
            April 25,
      2008Larry J.
      Kaczmarek/s/ Anthony
      Guadagnino
            
            Director
            
            April 25,
    2008Anthony
      Guadagnino












Wayne
Thaw, Mitchell Thaw, Patrick Hoscoe, Jerrold Lazarus, Larry Kaczmarek and
Anthony Guadagnino represent all the members of the Board of
Directors.