FORM 10-QSB - QUARTERLY OR TRANSITIONAL REPORT UNDER
                            SECTION 13 OR 15 (d) OF
                      THE SECURITIES EXCHANGE ACT OF 1934
                        Quarterly or Transitional Report
                    U.S. Securities and Exchange Commission
                             Washington, D.C. 20549

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

        For quarterly period ended                      January 31, 2003

[  ]    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES
        EXCHANGE ACT OF 1934

         For the transition period from                       to

        Commission File Number:                 0-25024

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

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

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

                   (505) 884-0272 (Issuer's telephone number)

                                      N/A
             (Former name, former address, and former three-months,
                         if changed since last report)

     Check  whether  the issuer (1) filed all  reports  required  to be filed by
Section 13 or 15 (d) of the  Securities  Exchange  Act during the past 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_____.

      The number of shares of the registrant's common stock outstanding as of
      February 28, 2003 was:    No Par Value Common            39,286,225

Transitional Small Business Format:     Yes ________    No ____X____


<PAGE>


PART I. FINANCIAL INFORMATION



                            Titan Technologies, Inc.
                                  BALANCE SHEET
                                January 31, 2003
                                    UNAUDITED

ASSETS
 Current Assets
  Cash .....................................................        $   237,207
                                                                    -----------
 Property and Equipment, at cost"
  Furniture and fixtures ...................................              5,407
  Machinery ................................................              7,706
                                                                    -----------
                                                                         13,113
  Less accumulated depreciation ............................             12,003
                                                                    -----------
       Net property and equipment ..........................              1,110
                                                                    -----------

 Other Assets ..............................................                609
                                                                    -----------

                                                                    $   238,926
                                                                    ===========

LIABILITIES AND STOCKHOLDERS' EQUITY
 Current Liabilities
  Accounts payable .........................................        $     2,171
  Other accrued liabilities ................................              3,638
                                                                    -----------
  Total Current Liabilities ................................              5,809

 Stockholders' Equity
  Common stock - no par value; authorized,
   50,000,000 shares; issued and outstanding,
   39,286,225 shares .......................................          3,125,582
  Treasury stock, 25,000 shares, at cost ...................               --
  Accumulated deficit ......................................         (2,892,465)
                                                                    -----------
                                                                        233,117
                                                                    -----------

                                                                    $   238,926
                                                                    ===========


                                       2
<PAGE>


                            Titan Technologies, Inc.
                            STATEMENTS OF OPERATIONS
                     For The Three Months Ended January 31,
                                    UNAUDITED

                                                      2003             2002
                                                  ------------     ------------
REVENUES .....................................    $       --       $       --
                                                  ------------     ------------
COSTS AND EXPENSES
 General and administrative ..................          66,131           57,679
 Outside services ............................          51,750           12,770
 Depreciation ................................             178              231
                                                  ------------     ------------
                                                       118,059           70,680
                                                  ------------     ------------

OTHER INCOME (EXPENSE)
 Other income ................................           6,480            6,450
                                                  ------------     ------------

 (Loss) before income taxes ..................        (111,579)         (64,230)

 Provision for income taxes ..................            --               --
                                                  ------------     ------------
 Net (Loss) ..................................    $   (111,579)    $    (64,230)
                                                  ============     ============
 Weighted average common shares outstanding
  Basic and diluted ..........................      37,876,545       35,958,032
                                                  ============     ============

 Basic and diluted (loss) per common share ...    $      (0.00)    $      (0.00)
                                                  ============     ============



                                       3
<PAGE>


                            Titan Technologies, Inc.
                            STATEMENTS OF OPERATIONS
                      For The Six Months Ended January 31,
                                   UNAUDITED

                                                       2003            2002
                                                   ------------    ------------
REVENUES .......................................   $       --      $       --
                                                   ------------    ------------
COSTS AND EXPENSES
 General and administrative ....................        117,262         116,517
 Outside services ..............................         60,750          21,770
 Depreciation ..................................            355             461
                                                   ------------    ------------
                                                        178,367         138,748
                                                   ------------    ------------

OTHER INCOME (EXPENSE)
 Other income ..................................         13,650          11,410
                                                   ------------    ------------

 (Loss) before income taxes ....................       (164,717)       (127,338)

 Provision for income taxes ....................           --              --
                                                   ------------    ------------
 Net (Loss) ....................................   $   (164,717)   $   (127,338)
                                                   ============    ============
 Weighted average common shares outstanding
  Basic and diluted ............................     37,826,053      35,691,367
                                                   ============    ============

 Basic and diluted (loss) per common share .....   $      (0.00)   $      (0.00)
                                                   ============    ============



                                       4
<PAGE>

                            Titan Technologies, Inc.
                            STATEMENTS OF CASH FLOWS
                      For the Six Months Ended January 31,
                                   UNAUDITED

                                                       2003             2002
                                                     ---------        ---------

Cash flows from operating activities .........       $(130,471)       $(108,772)
                                                     ---------        ---------

Cash flows from investing activities .........            --               --
                                                     ---------        ---------

Cash flows from financing activities
Proceeds from sale of common stock ...........         354,950           87,300
                                                     ---------        ---------

Net increase (decrease)  in cash .............         224,479          (21,472)

Cash at beginning of period ..................          12,728           34,375
                                                     ---------        ---------

Cash at end of period ........................       $ 237,207        $  12,903
                                                     =========        =========


                                       5
<PAGE>


                            Titan Technologies, Inc.
                         Notes to Financial Statements
                                January 31, 2003
                                  (Unaudited)


Note 1.  Basis of Presentation

The accompanying unaudited financial statements have been prepared in
accordance with accounting principles generally accepted in the United States of
America for interim financial information. They do not include all of the
information and footnotes required by accounting principles generally accepted
in the United States of America for complete financial statements. In the
opinion of management, all adjustments, consisting only of normal recurring
adjustments, considered necessary for a fair presentation, have been included in
the accompanying unaudited financial statements. Operating results for the
periods presented are not necessarily indicative of the results that may be
expected for the full year. For further information, refer to the consolidated
financial statements and notes thereto, included in the Company's Form 10-KSB as
of and for the two years ended July 31, 2002.

Note 2.  Earnings Per Share

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

Note 3.  Going Concern

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

The Company has experienced losses from operations as a result of its
investment necessary to achieve its operating plan, which is long-range in
nature. For the six months ended January 31, 2003 the Company incurred a net
loss of $164,717.

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

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

Note 4.  Stockholders' Equity

During the period ended January 31, 2002 a stockholder of the Company returned
1,200,000 shares of common stock to the Company for cancellation. No value was
assigned to the cancelled shares.

Treasury stock, which was acquired for no consideration, consists of 25,000
shares of common stock.

During the period ended January 31, 2003 the company sold 2,785,999 shares of
common stock for proceeds aggregating $354,950.


During the period ended January 31, 2003 the Company issued 190,000 shares of
common stock at $0.20 per share to employees for services rendered in the
current period and compensation previously accrued. The shares were issued at
their fair market value on the date the Company agreed to issue the shares"

Note 5.  Subsequent Event

Subsequent to January 31, 2003 the Company entered into a license agreement for
technology related to tire recycling covering the following territories; the
State of Texas, Austria, and Brazil. The agreement calls for payments
aggregating $1,000,000, with $60,000 paid by August 20, 2003, and the remainder
being paid upon the licensor reaching certain milestones. In addition, the
company is entitled to a production royalty of $4 per ton on tires processed.


                                       6
<PAGE>


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Results of Operations

During the six months ended January 31, 2003, the Company had no licensing
revenue. No plants are scheduled for construction at January 31, 2003.

With respect to existing plants constructed in Korea (not currently operating
because of financial failure of parent companies unrelated to the Company's
technology) and Taiwan using the Company's technology, no licensing fees or
royalties have been received by the Company. The Company is optimistic that
royalties will be received in the future from the operator/sub-licensee of the
Taiwan plant, but there can be no assurance that this will occur or what the
amounts will be.

In recent months, the Company has been concentrating its efforts to license its
technology in the United States because in believes that its tire recycling
technology has been proven at commercial scale through operation of the Taiwan
plant. Current discussions with prospective U.S. licensees involve payment of an
up-front licensing fee and on-going production royalties on a negotiated basis,
depending on the scope of the licensing agreement, although joint venture
arrangements in which the Company would be involved in operation of plants are
also under consideration. Although the Company is optimistic that recent
results.in producing readily marketable activated carbon from tire derived
carbon black enhances the probability that one or more U.S. plants will be built
using the Company's technology, there can be no assurance that the Company will
be successful in its U.S. licensing or joint venture effort or, if successful,
what the amount of the up-front payment or production royalties will be.

As a result of activities by management, expenses increased $39,619 to $178,367
for the six months ended January 31, 2003 compared to the six months ended
January 31, 2002, primarily due to the increase in outside services for research
and development.

As a result of activities by management, expenses increased $47,379 to $118,059
for the three months ended January 31, 2003 compared to the three months ended
January 31, 2002, primarily due to the increase in outside services for research
and development.

Financial Condition

The Company's liquidity increased in the six months ended January 31, 2003 as
cash increased by $224,479 since July 31, 2002. Operations used $130,471
compared to the same period of the prior year in which operations used $108,772.
Proceeds from the sale of common stock were $354,950 during the six months ended
January 31, 2003, compared to $87,300 for the same period in 2002.

The Company anticipates receiving the first payment of $60,000, on the license
agreement signed subsequent to January 31, 3003, within the next six months.


ITEM 3. CONTROLS AND PROCEDURES

The Company's  principal  executive and financial officer has evaluated the
effectiveness of the Company's disclosure and procedures (as defined in Exchange
Act Rules 13a-14c and 15d-14c) as of a date within 90 days of the filing date
(the "Evaluation Date") of this quarterly report, and has concluded that as of
the Evaluation Date, the Company's disclosure controls were adequate, effective
and ensure that material information relating to the Company would be made known
to him timely by others within the entity.

There were no significant  changes in the Company's internal controls or in
other factors that could significantly affect the company's disclosure controls
and procedures subsequent to the Evaluation nor were there any significant
deficiencies or material weaknesses in such disclosure controls and procedures
requiring corrective actions.  As a result, no corrective action were taken.

                                       7
<PAGE>


                           PART II. OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

At the date of this report there are no known legal proceedings pending or
judgments against the Registrant or against any director or officer of the
Registrant in their capacity as such.


ITEM 2.  CHANGES IN SECURITIES

During the six months ended January 31, 2003, the Company sold common stock to
twenty two investors, each qualifying as an accredited investor within the
meaning of Rule 501(a). The following table illustrates the dates of the
transaction, the number of shares and the proceeds from the sale.



          Date          Shares Issued           Cash Received
        --------        -------------           -------------
        08/04/02           200,000                 $20,000
        08/06/02            50,000                   5,000
        08/20/02            10,000                   1,000
        09/1//02            50,000                   5,000
        10/01/02            25,000                   2,500
        11/12/02           150,000                  15,000
        11/25/05           200,000                  20,000
        12/02/02            50,000                   5,000
        12/04/02           150,000                  15,000
        12/06/02           200,000                  20,000
        12/09/02            30,000                   3,000
        12/12/02            50,000                   5,000
        02/18/02           500,000                  50,000
        12/19/02           500,000                  50,000
        1/10/03             30,000                   3,000
        1/13/03            333,333                  80,000
        1/23/03            168,000                  42,000
        1/28/03             73,000                  10,950
        1/29/03             16,666                   2,500
                         ---------                --------

                         2,785,999                $354,950
                         =========                ========

We relied on Rule 147 and Section 4(2) of the Securities Act of 1933 for
exemption from the registration requirements of the Securities Act. Each
investor was furnished with information concerning our formation and operations,
and had the opportunity to verify the information supplied and ask questions of
Management. Additionally, we obtained a representation from each of the
acquiring persons representing the intent to acquire the securities for the
purpose of investment only, and not with a view toward the subsequent
distribution thereof. Each of the certificates representing the common stock
carry a legend restricting transfer of the securities represented. Furthermore,
we have issued stop transfer instructions to Securities Transfer Corporation,
the transfer agent for the common stock, covering the certificates representing
the common stock issued in the above-described transactions.

ITEM 3.  DEFAULTS IN SENIOR SECURITIES

NONE

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

NONE

ITEM 5.  OTHER INFORMATION

NONE

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

        (a)  List of exhibits:

        Exhibit Number                      Description
        --------------    ------------------------------------------------

            10.16         Agreement signed by Registrant and United States
                          Recycling, LLC dated February 20, 2003

            10.17         License Agreement signed by Registrant and United
                          States Recycling, dated February 20, 2003

            99.1          Certification pursuant to 18 U.S.C. Section 1350,
                          as adopted pursuant to Section 906 of the
                          Sarbanes-Oxley Act of 2002

       The above exhibits are included in this report as separate files.

        (b) Reports on Form 8-K. State whether any reports on Form 8-K have been
filed during the quarter for which this report is filed, listing the items
reported, any financial statements filed, and the dates of any such reports.

Form 8-k filed February 18, 2003 reporting change in independent accountant.

                                   SIGNATURES

        In accordance with the requirements of the Exchange Act, the Registrant
has caused" "this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

        TITAN TECHNOLOGIES, INC.

March 26, 2003  Ronald L. Wilder
                -----------------------------------------------------------
                Ronald L. Wilder, President, Chief Executive Officer, Chief
                Financial Officer and Chief Accounting Officer.

CERTIFICATION

I,  Ronald L. Wilder, the principal executive and financial officer, of Titan
Technologies, Inc. certify that:

1. I have reviewed this quarterly report on Form 10-QSB of Titan Technologies,
Inc., SEC" file No 0-25024;

2. Based on my knowledge, this quarterly report does not contain any untrue
statement" "of a material fact or omit to state a material fact necessary to
make the statements made, in" "light of the circumstances under which such
statements were made, not misleading with " respect to the period covered by
this quarterly report;

3. Based on my knowledge, the financial statements, and other financial
information" "included in this quarterly report, fairly present in all material
respects the financial condition," "results of operations and cash flows of the
registrant as of, and for, the periods presented" in this quarterly report;

4. I am responsible for establishing and maintaining disclosure controls and
procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the
registrant and have:

a) designed such disclosure controls and procedures to ensure that material
information " relating to the registrant is made known to us by others within
this entity, particularly"
     during the period in which this quarterly report is being prepared.

b)   evaluated the effectiveness of the registrant's disclosure controls and
     procedures as " of a date within 90 days prior to the filing date of this
     quarterly report (the ""Evaluation" " Date""); and"

c)   presented in this quarterly report my conclusions about the effectiveness
     of the disclosure controls and procedures based on my evaluation as of the
     Evaluation Date;

5.  I have disclosed, based on my most recent evaluation, to the registrant's
     auditors and" board of directors:

a)   all significant deficiencies in the design or operation of internal
     controls which could " adversely affect the registrant's ability to record,
     process, summarize and report"
     financial data and have identified for the registrant's auditors and any
     material weaknesses in internal controls; and

b)  any fraud, whether or not material, that involves management or other
     employees who" have a significant role in the registrant's internal
     controls; and

6.   I have indicated in this quarterly report whether or not there were
     significant changes in internal controls or in other factors that could
     significantly affect internal controls "subsequent to the date of my most
     recent evaluation, including any corrective actions with" regard to
     significant deficiencies and material weaknesses.

Date: March 26, 2003            Ronald L. Wilder
                                --------------------------------------
                                Ronald L. Wilder,  principal executive
                                and financial officer


There are no other certifying officers.

                                       8
<PAGE>


                                  Exhibit 99.1

                            CERTIFICATION PURSUANT TO

                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002



Pursuant to 18 U.S.C. 1350 (as adopted pursuant to 906 of the Sarbanes-Oxley
Act of 2002), I, the undersigned, hereby certify that to the best of my
knowledge the Quarterly Report on Form 10-QSB of Titan Technologies, Inc. for
the quarterly period ended October 31, 2002 (the "Report") fully complies
with the requirements of section 13(a) or 15(d) of the Securities Exchange Act
of 1934 and that the information contained in the Report fairly presents, in
all material respects, the financial condition and results of operations of
the Company.





Date:  March 26,  2003  Ronald L. Wilder
                        ----------------------------
                        Ronald L. Wilder,  President
                        (Chief  Executive  Officer)
                        (Chief  Financial  Officer)