FORM 10-QSB - QUARTERLY OR TRANSITIONAL REPORT UNDER
                             SECTION 13 OR 15 (d) OF
                            October 31, 2000 and 1999
                        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         October 31, 2000

[   ]   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                             85-03388759
 (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 December 6, 2000 was:   No Par Value Common      33,856,560

Transitional Small Business Format:           Yes             No      X




                         PART I. FINANCIAL INFORMATION



                            Titan Technologies, Inc.
                                  BALANCE SHEET
                                October 31, 2000
                                    UNAUDITED
ASSETS

 Current Assets
        Cash .................................................      $    87,000

 Property and Equipment, at cost
        Furniture and fixtures ...............................            5,407
        Machinery ............................................            7,706
                                                                    -----------
                                                                         13,113
 Less accumulated depreciation ...............................            9,877
                                                                    -----------
        Net property and equipment ...........................            3,236

 Other Assets
        Accounts receivable - stockholder ....................              609
                                                                    -----------

                                                                    $    90,845
                                                                    ===========
LIABILITIES AND STOCKHOLDERS' EQUITY

 Current Liabilities
        Accounts payable .....................................      $     2,111
        Other accrued liabilities ............................            3,159
                                                                    -----------
        Total Current Liabilities ............................            5,270

 Stockholders' Equity
        Common stock - no par value; authorized,
        50,000,000 shares; issued and outstanding,
        33,856,560 shares ....................................        2,363,432
        Accumulated deficit ..................................       (2,277,857)
                                                                    -----------
                                                                         85,575
                                                                    -----------

                                                                    $    90,845
                                                                    ===========

        The accompanying notes are an integral part of these statements.


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

                                                       2000            1999
                                                   ------------    ------------
REVENUES
       Other income ............................   $      9,040    $      9,970
                                                   ------------    ------------
COSTS AND EXPENSES

       General and administrative ..............         57,603          55,596
       Outside services ........................         37,521             150
       Depreciation ............................            279             441
                                                   ------------    ------------
                                                         95,403          56,187

       Loss before income taxes ................        (86,363)        (46,217)

       Provision for income taxes ..............           --              --
                                                   ------------    ------------
       Net Loss ................................   $    (86,363)   $    (46,217)
                                                   ============    ============
       Weighted average common shares
       outstanding, basic and diluted (Note 3) .     33,797,116      28,555,964
                                                   ============    ============

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

        The accompanying notes are an integral part of these statements.


                            Titan Technologies, Inc.
                            STATEMENTS OF CASH FLOWS
                           October 31, 2000 and 1999
                                   UNAUDITED

                                                           2000         1999
                                                         ---------    ---------

Cash flows from operating activities
        Cash received from subcontractor .............   $   9,040    $   9,970
        Cash paid for suppliers and employees ........     (94,720)     (54,033)
                                                         ---------    ---------

        Net cash used in operating activities ........     (85,680)     (44,063)

Cash flows from financing activities
        Proceeds from sale of common stock ...........      15,500      107,400
                                                         ---------    ---------

        Net (decrease) increase in cash ..............     (70,180)      63,337

        Cash at beginning of year ....................     157,180        6,881
                                                         ---------    ---------

        Cash at end of period ........................   $  87,000    $  70,218
                                                         =========    =========
Reconciliation of Net Loss to Net Cash Used
        in Operating Activities

Net Loss .............................................   $ (86,363)   $ (46,217)
Adjustments to reconcile net loss to net cash
        used in Operating Activities:
        Depreciation .................................         279          441
        Changes in assets and liabilities
          Decrease in prepaid expenses ...............       1,025        5,555
          (Decrease) increase in accounts payable ....        (724)       5,615
          Increase (decrease) in accrued liabilities .         103       (1,823)
          Decrease in stockholders payables ..........        --         (7,634)
                                                         ---------    ---------

Net cash used in operating activities ................   $ (85,680)   $ (44,063)
                                                         =========    =========

        The accompanying notes are an integral part of these statements.


                            Titan Technologies, Inc.
                         NOTES TO FINANCIAL STATEMENTS
                           October 31, 2000 and 1999

1) BASIS OF PRESENTATION

The balance sheet at October 31, 2000 and the  statements  of operations for the
three months ended October 31, 2000,  and 1999 and  statements of operations for
the three months ended  October 31, 2000 and 1999 and  statements  of cash flows
for the three months ended October 31, 2000 and 1999 have been prepared  without
audit. In the opinion of management,  all adjustments including normal recurring
adjustments  necessary  to present  fairly the  financial  position,  results of
operations  and cash flows,  have been made.  Certain  information  and footnote
disclosures  normally  included in financial  statements  prepared in accordance
with generally accepted accounting principles have been condensed or omitted. It
is suggested that these  financial  statements be read in  conjunction  with the
Company's  audited  financial  statements  at July  31,  2000.  The  results  of
operations  for the three  months  ended  October 31,  2000 are not  necessarily
indicative of operating results for the full year.


2)  ISSUANCE OF COMMON STOCK
During the three months ended October 31, 1999 the Company sold 1,080,000 shares
of common stock for which it received $107,400.

During the three months ended October 31, 2000  the Company sold 119,999  shares
of common stock for which it received $15,500.


3)  NET LOSS PER COMMON SHARE

Net loss per common share is  calculated  using the weighted  average  number of
shares outstanding  during the period.  Basic and diluted earnings per share are
the same because the inclusion of options to purchase additional shares of stock
are antidilutive.



4)  MANAGEMENT'S PLANS FOR OPERATIONS

The company has experienced  significant  losses from operations in recent years
and the Company has used rather than provided cash in its operations.

The  Company's  ability to continue as a going  concern is  contingent  upon its
ability to maintain adequate  financing or obtain capital from other sources and
to attain  profitable  operations.  The financial  statements do not include any
adjustments  relating to the recoverability and classification of recorded asset
amounts  that might be  necessary  should the  Company be unable to  continue in
existence.

Management has taken the following  steps 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.


Defer payment of officer salaries if required.

Management believes that these steps will allow the Registrant to continue as a
going concern in the immediate future, together with results of on going efforts
to raise working  capital  through  licensing of  agreements,  joint ventures or
sales of additional equity securities in private placements.  However, there are
significant risks associated with the Registrants 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 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Results of Operations

During the three  months ended  October 31, 2000,  the Company  had no licensing
revenue. No plants are scheduled for construction at October 31, 2000.

Marketing  agreements with  current marketers for North America and Asian rights
require, among other things, the marketers to sell certain numbers of plants per
year,  and require  payment to the Company,  by the owner of the plant of a 7.5%
royalty  on  the  net  sales  of  by-products.  Unless  other  arrangements  are
negotiated,  the  plants  will be  constructed  by the  Company  and sold to the
marketer at cost of the plant, plus a one-third markup on plant and installation
cost.

As a result of  activities by  management  general and  administrative  expenses
increased  $2,007 to $57,603 and outside services  increased  $37,371 to $37,521
for the three months ended  October 31, 2000  compared to the three months ended
October 31, 1999.

Financial Condition

The Company's  liquidity decreased n the three months ended October 31, 2000 as
cash decreased by $70,180 since July 31, 2000.  Operations used $85,680 compared
to the same period of the prior year in which operations used $44,063.



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

NONE

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)  There are no exhibits required by Item 601 of Regulation S-K

(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 reports.

NONE


                                   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.

December 6, 2000                 Ronald L. Wilder
                                 --------------------------------------------
                                 Ronald L. Wilder, President, Chief Executive
                                 Officer, Chief Financial Officer and Chief
                                 Accounting Officer.