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 April 30, 2004
                                               --------------

[]   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                   (IRS Employer Identification No.)
of 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 of 15(d) of the  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
June 8, 2004 was:
                        No Par Value Common       40,689,808


   Transitional Small Business Format:     Yes        No  X
                                               ---       ---
<PAGE>



                          PART I. FINANCIAL INFORMATION

Item 1.  Financial Statements.


                            Titan Technologies, Inc.
                                  BALANCE SHEET
                                 April 30, 2004
                                   (UNAUDITED)

ASSETS
Current Assets
Cash                                                                $    33,845
                                                                    -----------

Property and Equipment, at cost
Furniture and fixtures                                                    3,077
Machinery                                                                 7,706
                                                                    -----------
                                                                         10,783
Less accumulated depreciation                                            (9,840)
                                                                    -----------
Net property and equipment                                                  943
                                                                    -----------

Other Assets                                                                608
                                                                    -----------

                                                                    $    35,396
                                                                    ===========

LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Current Liabilities
Accounts payable                                                    $     2,431
Other accrued liabilities                                                 4,844
Deferred revenue                                                        105,000
                                                                    -----------
Total Current Liabilities                                               112,275
                                                                    -----------


Stockholders' (Deficit)
Common stock - no par value; authorized, 50,000,000 shares;
  40,706,808 shares issued and 40,689,808 shares outstanding          3,319,082
Treasury stock, 17,000 shares, at cost                                     --
Accumulated (deficit)                                                (3,395,961)
                                                                    -----------
                                                                        (76,879)
                                                                    -----------

                                                                    $    35,396
                                                                    ===========

             See the accompanying notes to the financial statements.


<PAGE>


                            Titan Technologies, Inc.
                            STATEMENTS OF OPERATIONS
                      For The Three Months Ended April 30,
                                   (UNAUDITED)


                                                      2004             2003
                                                   ------------    ------------
REVENUES                                           $       --      $     10,000
                                                   ------------    ------------

COSTS AND EXPENSES
General and administrative                               63,012          59,900
Outside services                                         20,350          94,695
Depreciation                                                184             254
                                                   ------------    ------------
                                                         83,546         154,849
                                                   ------------    ------------

(Loss) from operations                                  (83,546)       (144,849)

Other income                                               --             6,305
                                                   ------------    ------------

(Loss) before income taxes                              (83,546)       (138,544)

Provision for income taxes                                 --              --
                                                   ------------    ------------
Net (loss)                                         $    (83,546)   $   (138,544)
                                                   ============    ============

Weighted average common shares outstanding -
   Basic and diluted                                 40,562,308      39,288,107
                                                   ============    ============

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


             See the accompanying notes to the financial statements.

<PAGE>



                            Titan Technologies, Inc.
                            STATEMENTS OF OPERATIONS
                       For The Nine Months Ended April 30,
                                   (UNAUDITED)

                                                      2004             2003
                                                   ------------    ------------

REVENUES                                           $       --      $     10,000
                                                   ------------    ------------

COSTS AND EXPENSES
General and administrative                              202,854         177,162
Outside services                                         39,340         155,445
Depreciation                                                550             609
                                                   ------------    ------------
                                                        242,744         333,216
                                                   ------------    ------------

(Loss) From Operations                                 (242,744)       (323,216)
                                                   ------------    ------------

Other income                                               --            19,955
                                                   ------------    ------------

(Loss) before income taxes                             (242,744)       (303,261)

Provision for income taxes                                 --              --
                                                   ------------    ------------
Net (loss)                                         $   (242,744)   $   (303,261)
                                                   ============    ============

Weighted average common shares outstanding -
   Basic and diluted                                 40,397,668      38,304,446
                                                   ============    ============

Basic and diluted (loss) per common share          $      (0.01)   $      (0.01)
                                                   ============    ============


             See the accompanying notes to the financial statements.

<PAGE>



                            Titan Technologies, Inc.
                            STATEMENTS OF CASH FLOWS
                       For The Nine Months Ended April 30,
                                   (UNAUDITED)

                                                        2004            2003
                                                      ---------       ---------
Cash flows from operating activities
Net cash (used in) operating activities               $(167,634)      $(262,920)
                                                      ---------       ---------

Cash flows from investing activities
Purchases of fixed assets                                  --            (1,322)
                                                      ---------       ---------

Cash flows from financing activities
Proceeds from sale of common stock                       89,600         361,550
                                                      ---------       ---------

Net increase (decrease) in cash                         (78,034)         97,308

Cash at beginning of period                             111,879          12,728
                                                      ---------       ---------

Cash at end of period                                 $  33,845       $ 110,036
                                                      =========       =========

             See the accompanying notes to the financial statements.
<PAGE>

                            Titan Technologies, Inc.
                          Notes to Financial Statements
                                 April 30, 2004
                                   (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 financial  statements and
notes  thereto,  included in the  Company's  Form 10-KSB/A as of and for the two
years ended July 31, 2003.


Note 2.  Earnings Per Share

The Company  calculates  net income (loss) per share as required by Statement of
Financial  Accounting  Standards  ("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
nine months ended April 30, 2004 the Company incurred a net loss of $242,744.

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,  expenses 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.


<PAGE>

                            Titan Technologies, Inc.
                          Notes to Financial Statements
                                 April 30, 2004
                                   (Unaudited)

Note 4.   Stockholders' (Deficit)

During the nine month  period  ended  April 30, 2004 the  company  sold  550,667
shares of common stock for cash proceeds aggregating $89,600.


Note 5.  Licensing Agreements

On February 20, 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  called for  payments  aggregating
$1,000,000.  In addition, the company was entitled to a production royalty of $4
per ton on tires processed.

On June 4, 2003 the terms of the agreement were modified. Under the terms of the
modified  license  agreement  the  Company  is to receive  payments  aggregating
$2,000,000,  $10,000 of which was  received  as of April 30,  2003;  $990,000 of
which will be paid upon the licensor reaching certain  construction  milestones;
and $1,000,000 of which will be paid as production royalties.

As an enticement to enter into the license  agreement the Company will grant the
licensee a 5-year stock purchase warrant for 1,000,000 shares of common stock at
$0.30 per share upon the licensee  remitting a payment  aggregating  $330,000 to
the Company from achieving certain  construction  milestones.  As of the date of
this report the  construction  milestones  have not been met and the warrant had
not been granted.

On April 2, 2004 an agreement was further modified with a group of investors for
three tire  recycling  plants to be built in Mexico.  The Company has received a
non-refundable deposit of $105,000,  which revenue is deferred , as discussed in
Note 6,  below.  Under the terms of the  agreement  the  Company is to receive a
payment of $500,000.  $300,000 will be credited to the licensing  fee;  $100,000
for  each of the  three  recycling  plants  and the  remaining  $200,000  for an
exclusive license agreement for the Republic of Mexico.


Note 6.  Revenue Recognition

The Company  recognizes  revenue from the licensing of its  technology  over the
term of the license agreement. In cases where a license covers a specific number
of facilities the revenue is deferred and recorded as income on a pro rata basis
at the completion of each of the licensed facilities.


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

Results of Operations

As a result of activities by  management,  general and  administrative  expenses
increased  $25,692 to $202,854 for the nine months ended April 30, 2004 compared
to the nine months ended April 30, 2003 primarily due to the increase in wages.

As a result of activities by  management,  general and  administrative  expenses
increased  $3,112 to $63,012 for the three months ended April 30, 2004  compared
to the three months ended April 30, 2003 primarily due to the increase in wages.

As a result of activities by management,  outside  services  expenses  decreased
$116,105  to $39,340 for the nine  months  ended April 30, 2004  compared to the
nine months ended April 30, 2003  primarily  due to the decrease in  engineering
services.

As a result of activities by management,  outside  services  expenses  decreased
$74,345 to $20,350 for the three  months  ended  April 30, 2004  compared to the
three months ended April 30, 2003  primarily due to the decrease in  engineering
services.

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 (not currently operating because of the unavailability of
tires) 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, if it
should  begin to operate  again,  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 on licensing
its  technology in the United States because it believes that its tire recycling
technology  has been proven at commercial  scale through  operation of the Asian
plants.  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.  Joint  venture
arrangements  in which the Company  would be involved in operation of plants are
also under  consideration.  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,  but 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.

Financial Condition

The  Company's  liquidity  decreased  in the nine months ended April 30, 2004 as
cash decreased by $78,034 since July 31, 2003. Operations used $167,634 compared
to the same period of the prior year in which operations used $262,920. Proceeds
from the sale of common  stock were  $89,600  during the nine months ended April
30, 2004 compared to $361,550 for the same period in 2003.

Management  has taken the following  steps in the past and will consider  taking
them again,  if necessary,  to address the financial and operating  condition of
the Company which it believes will be sufficient to provide the Company with the
ability to continue in existence.

Improve  marketing  efforts for recycling  plants and bring  plastics  recycling
technology to a marketable product.

Reduce operating and administrative  expenses, and issue stock and notes payable
where possible for payment of expenses.


<PAGE>

                            Titan Technologies, Inc.
                          Notes to Financial Statements
                                 April 30, 2004
                                   (Unaudited)


Defer payment of officer salaries if required.

Management  believes that these steps,  if taken,  will allow the  Registrant to
continue as a going  concern  together with results of on going efforts to raise
working  capital  through  licensing  agreements,  joint  ventures  or  sales of
additional  equity  securities  in  private  placements.   However,   there  are
significant  risks  associated with the  registrant's  business  development and
there can be no assurance that its efforts will be successful or that it will be
able to raise sufficient working capital to survive as a going concern.


ITEM 3. CONTROLS AND PROCEDURES

(a) Evaluation of Disclosure Controls and Procedures.

The  Company  maintains   controls  and  procedures   designed  to  ensure  that
information  required to be  disclosed  in this report is  recorded,  processed,
accumulated  and reported to management,  including the principal  executive and
financial officer to allow timely decisions regarding the required disclosure.

As of the end of the period covered by this report,  Company's management,  with
the participation of its principal executive and financial officer, performed an
evaluation of the effectiveness of the design and operation of these disclosures
controls and  procedures.  The principal  executive  and  financial  officer has
concluded that such disclosure controls and procedures are effective in ensuring
that required information is disclosed in the Company's reports.

(b) Changes in Internal Controls

There were no significant changes in the Company's internal controls or in other
factors  that  could  significantly  affect  these  controls  subsequent  to the
evaluation date.


<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 nine months ended April 30, 2004 the Company sold common stock to ten
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
    ------------------         -----------------          -----------------
             10/02/03                   125,000                   $ 25,000
             10/31/03                    15,000                      2,250
             11/11/03                   133,333                     20,000
             11/19/03                    10,001                      1,500
             11/25/03                    34,000                      5,100
             12/01/03                    15,000                      2,250
             01/09/04                    33,333                      5,000
             02/03/04                    20,000                      3,000
             03/09/04                    50,000                      7,500
             04/21/04                    15,000                      3,000
             04/23/04                   100,000                     15,000
                               -----------------          -----------------
                                        550,667                   $ 89,600
                               =================          =================

We relied on 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.

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) Exhibits: The following exhibits are filed with this report:

          31.1 Certification  pursuant  to Rule  13(a) or  15d-14(a)  under  the
               Securities Exchange Act of 1934, as amended.


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


     (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 files, and the dates of any such reports.

          None

<PAGE>

                                   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.

Date June 14, 2004             /s/ Ronald L. Wilder, President
                               -------------------------------------------------
                               Ronald L. Wilder, President, Chief Executive
                               Officer, Chief Financial Officer and Chief
                               Accounting Officer.