| TILDEN ASSOCIATES, INC.                                           |
|-------------------------------------------------------------------|
| (Exact name of small business issuer as specified in its charter) |
| DELAWARE                        |   | 11-3343019          |
|---------------------------------|--------|---------------------|
| (State or other jurisdiction of |   | (I.R.S. Employer    |
| incorporation or organization)  |   | Identification No.) |
|                                                                               |
|------------------------------------------------------------------------------------|
| 300 Hempstead Turnpike, West Hempstead, NY 11552                                   |
| (Address of principal executive offices)                                           |
|                                                                               |
| (516) 746-7911                                                                     |
| (Issuer's telephone number, including area code)                                   |
|                                                                               |
| (Former name, former address and former fiscal year, if changed since last report) |

|   | Large accelerated filer | o |   | Accelerated filer         |   |  o |
|--------|-------------------------|---|--------|---------------------------|--------|---------|
|   | Non-accelerated filer   | o |   | Smaller reporting company |   |  x |

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|                           |                                                                                                     |    | Page    |
|--------------------------------|----------------------------------------------------------------------------------------------------------|---------|---------|
| PART I - FINANCIAL INFORMATION |                                                                                                     |    |    |
|                           |                                                                                                     |    |    |   |
| Item 1.                        | Financial Statements                                                                                     |    |    |   |
|                           |                                                                                                     |    |    |   |
|                           | Consolidated Balance Sheets at June 30, 2010 (unaudited) and December 31, 2009 (audited)                 |    | 3       |   |
|                           |                                                                                                     |    |    |   |
|                           | Consolidated Statements of Operations for the Six Month Periods Ended June 30, 2010 and 2009 (unaudited) |    | 4       |   |
|                           |                                                                                                     |    |    |   |
|                           | Consolidated Statements of Cash Flows for the Six Month Periods Ended June 30, 2010 and 2009 (unaudited) |    | 5       |   |
|                           |                                                                                                     |    |    |   |
|                           | Notes to Consolidated Financial Statements                                                               |    | 6 - 9   |   |
|                           |                                                                                                     |    |    |   |
| Item 2.                        | Management's Discussion and Analysis or Plan of Operation                                                |    | 10 - 12 |   |
|                           |                                                                                                     |    |    |   |
| Item 3.                        | Controls and Procedures                                                                                  |    | 13      |   |
|                           |                                                                                                     |    |    |   |
| PART II - OTHER INFORMATION    |                                                                                                     |    |    |
|                           |                                                                                                     |    |    |   |
| Item 1.                        | Legal Proceedings                                                                                        |    | 14      |   |
|                           |                                                                                                     |    |    |   |
| Item 2.                        | Changes in Securities and Use of Proceeds                                                                |    | 14      |   |
|                           |                                                                                                     |    |    |   |
| Item 3.                        | Defaults Upon Senior Securities                                                                          |    | 14      |   |
|                           |                                                                                                     |    |    |   |
| Item 4.                        | Submission of Matters to a Vote of Security Holders                                                      |    | 14      |   |
|                           |                                                                                                     |    |    |   |
| Item 5.                        | Other Information                                                                                        |    | 14      |   |
|                           |                                                                                                     |    |    |   |
| Item 6.                        | Exhibits                                                                                                 |    | 14      |   |
|                           |                                                                                                     |    |    |   |
| SIGNATURE                      |                                                                                                     | 15      |    |
|                           |                                                                                                     |    |    |   |
| CERTIFICATION                  |                                                                                                     | 16 - 17 |    |

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CONSOLIDATED BALANCE SHEETS

|                                                                                                                                                        |   |          |       |   |              |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------|------------|--------|-------------------|--------|
|                                                                                                                                                        |   | June 30, 2010 |       |   | December 31, 2009 |   |
|                                                                                                                                                        |   | (Unaudited)   |       |   |              |   |
| ASSETS                                                                                                                                                      |   |          |       |   |              |   |
| Cash and cash equivalents                                                                                                                                   |   | $             | 391,960    |   |              | $      | 488,909 |   |
| Accounts and notes receivable - net of allowance for doubtful accounts of $376,099 and $290,066 at June 30, 2010 and December 31, 2009, respectively        |   |          | 384,290    |   |              |   | 349,916 |   |
| Inventory                                                                                                                                                   |   |          | 4,300      |   |              |   | 4,300 |   |
| Prepaid expenses and other current assets                                                                                                                   |   |          | 4,164      |   |              |   | 4,164 |   |
| Total current assets                                                                                                                                        |   |          | 784,714    |   |              |   | 847,289 |   |
|                                                                                                                                                        |   |          |       |   |              |   |   |   |
| Property and equipment, net of accumulated depreciation of $23,020 and $23,020, respectively                                                                |   |          | —    |   |              |   | — |   |
|                                                                                                                                                        |   |          |       |   |              |   |   |   |
| Intangible assets, net of accumulated amortization of $123,489 and $122,758, respectively                                                                   |   |          | 280,307    |   |              |   | 281,038 |   |
| Security deposits                                                                                                                                           |   |          | 72,485     |   |              |   | 72,484 |   |
| Accounts and notes receivable, net of current portion                                                                                                       |   |          | —    |   |              |   | 25,000 |   |
| Total other assets                                                                                                                                          |   |          | 352,792    |   |              |   | 378,522 |   |
| Total assets                                                                                                                                                |   | $             | 1,137,506  |   |              | $      | 1,225,811 |   |
|                                                                                                                                                        |   |          |       |   |              |   |   |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY                                                                                                                        |   |          |       |   |              |   |   |   |
| LIABILITIES                                                                                                                                                 |   |          |       |   |              |   |   |   |
| Accounts payable and accrued expenses                                                                                                                       |   | $             | 168,042    |   |              | $      | 204,307 |   |
| Deposits on franchise and business acquisitions                                                                                                             |   |          | 183,000    |   |              |   | 198,000 |   |
| Income taxes payable                                                                                                                                        |   |          | 36,312     |   |              |   | 39,271 |   |
| Deferred Income                                                                                                                                             |   |          | 34,270     |   |              |   | 34,270 |   |
| Total current liabilities                                                                                                                                   |   |          | 421,624    |   |              |   | 475,848 |   |
|                                                                                                                                                        |   |          |       |   |              |   |   |   |
| Security deposits                                                                                                                                           |   |          | 133,799    |   |              |   | 126,799 |   |
| Total liabilities                                                                                                                                           |   |          | 555,423    |   |              |   | 602,647 |   |
|                                                                                                                                                        |   |          |       |   |              |   |   |   |
| STOCKHOLDERS' EQUITY                                                                                                                                        |   |          |       |   |              |   |   |   |
| Common stock, $.0005 par value; 30,000,000 shares authorized; 11,425,903 shares issued and outstanding at June 30, 2010 and December 31, 2009, respectively |   |          | 5,713      |   |              |   | 5,713 |   |
| Additional paid-in capital                                                                                                                                  |   |          | 1,674,926  |   |              |   | 1,641,088 |   |
| Retained earnings (accumulated deficit)                                                                                                                     |   |          | (1,078,556 | )      |              |   | (1,003,637 | ) |
|                                                                                                                                                        |   |          | 602,083    |   |              |   | 643,164 |   |
| Less: treasury stock - 40,000 shares, stated at cost                                                                                                        |   |          | (20,000    | )      |              |   | (20,000 | ) |
| Total stockholders' equity                                                                                                                                  |   |          | 582,083    |   |              |   | 623,164 |   |
| Total liabilities and stockholders' equity                                                                                                                  |   | $             | 1,137,506  |   |              | $      | 1,225,811 |   |

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CONSOLIDATED  STATEMENTS  OF  OPERATIONS

|                                                                                          |   | Three Months Ended |       |   | Six Months Ended |   |
|-----------------------------------------------------------------------------------------------|--------|--------------------|------------|--------|------------------|--------|
|                                                                                          |   | June 30,           |       |   | June 30,         |   |
|                                                                                          |   | 2010               |       |   | 2009             |   |   | 2010 |   |   | 2009 |   |
| Revenues                                                                                      |   |               |       |   |             |   |   |   |   |   |   |   |
| Initial franchise acquisition fees                                                            |   | $                  | 5,000      |   |             | $      | 25,000 |   |   | $ | 10,000 |   |   | $ | 25,000 |   |
| Royalty fees                                                                                  |   |               | 137,528    |   |             |   | 151,197 |   |   |   | 261,561 |   |   |   | 300,865 |   |
| Sale of Company owned location                                                                |   |               | —    |   |             |   | 103,831 |   |   |   | 93,000 |   |   |   | 103,831 |   |
| Rental income from realty rental                                                              |   |               | 122,562    |   |             |   | 161,682 |   |   |   | 231,032 |   |   |   | 294,105 |   |
| Miscellaneous income                                                                          |   |               | 2,624      |   |             |   | 4,709 |   |   |   | 6,437 |   |   |   | 18,248 |   |
| Total Revenue                                                                                 |   |               | 267,714    |   |             |   | 446,419 |   |   |   | 602,030 |   |   |   | 742,049 |   |
|                                                                                          |   |               |       |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Cost of Operations                                                                            |   |               |       |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Broker Fees                                                                                   |   |               | 3,333      |   |             |   | — |   |   |   | 15,333 |   |   |   | — |   |
| Costs of Company owned location sold                                                          |   |               | —    |   |             |   | 73,123 |   |   |   | 20,000 |   |   |   | 73,123 |   |
| Franchise development fees                                                                    |   |               | 13,359     |   |             |   | 7,460 |   |   |   | 19,050 |   |   |   | 14,646 |   |
| Rent paid for real estate sublet                                                              |   |               | 121,712    |   |             |   | 166,604 |   |   |   | 224,266 |   |   |   | 278,723 |   |
| Total Operating Costs                                                                         |   |               | 138,404    |   |             |   | 247,187 |   |   |   | 278,649 |   |   |   | 366,492 |   |
| Gross Profit                                                                                  |   |               | 129,310    |   |             |   | 199,232 |   |   |   | 323,381 |   |   |   | 375,557 |   |
| Selling, general and administrative expenses                                                  |   |               | 221,238    |   |             |   | 170,613 |   |   |   | 402,171 |   |   |   | 354,765 |   |
|                                                                                          |   |               |       |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Income (loss) from operations before other income and expenses and provision for income taxes |   |               | (91,928    | )      |             |   | 28,619 |   |   |   | (78,790 | ) |   |   | 20,792 |   |
| Other Income                                                                                  |   |               |       |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Interest income                                                                               |   |               | 418        |   |             |   | 294 |   |   |   | 3,871 |   |   |   | 5,276 |   |
| Total other income                                                                            |   |               | 418        |   |             |   | 294 |   |   |   | 3,871 |   |   |   | 5,276 |   |
| Income (loss) before provision for income taxes                                               |   |               | (91,510    | )      |             |   | 28,913 |   |   |   | (74,919 | ) |   |   | 26,068 |   |
| Provision for income taxes                                                                    |   |               |       |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Current                                                                                       |   |               | —    |   |             |   | — |   |   |   | — |   |   |   | — |   |
| Deferred                                                                                      |   |               | —    |   |             |   | — |   |   |   | — |   |   |   | — |   |
| Net income (loss)                                                                             |   | $                  | (91,510    | )      |             | $      | 28,913 |   |   | $ | (74,919 | ) |   | $ | 26,068 |   |
| Per Share Data                                                                                |   |               |       |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Basic earnings per share                                                                      |   | $                  | (0.01      | )      |             | $      | — |   |   | $ | (0.01 | ) |   | $ | — |   |
| Diluted earnings per share                                                                    |   | $                  | (0.01      | )      |             | $      | — |   |   | $ | (0.01 | ) |   | $ | — |   |
|                                                                                          |   |               |       |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Weighted Average Shares Outstanding:                                                          |   |               |       |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                                                                         |   |               | 11,385,903 |   |             |   | 11,385,903 |   |   |   | 11,385,903 |   |   |   | 11,385,903 |   |
| Diluted                                                                                       |   |               | 11,385,903 |   |             |   | 11,385,903 |   |   |   | 11,385,903 |   |   |   | 11,385,903 |   |

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CONSOLIDATED STATEMENTS OF CASH FLOWS

|                                                                                                |   | Six Months Ended |    |
|-----------------------------------------------------------------------------------------------------|--------|------------------|---------|
|                                                                                                |   | June 30,         |    |
|                                                                                                |   | 2010             |    |   | 2009 |   |
| Operating Activities                                                                                |   |             |    |   |   |   |
| Net Income (loss)                                                                                   |   | $                | (74,919 | ) |   | $ | 26,068 |   |
| Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities: |   |             |    |   |   |   |   |   |
| Depreciation and amortization                                                                       |   |             | 731     |   |   |   | 2,595 |   |
| Provision for doubtful accounts                                                                     |   |             | 67,336  |   |   |   | 66,126 |   |
| Sale of equipment financed by note receivable                                                       |   |             | — |   |   |   | 27,822 |   |
| Stock options expense                                                                               |   |             | 33,838  |   |   |   | 748 |   |
| Changes in operating assets and liabilities                                                         |   |             |    |   |   |   |   |   |
| Accounts and notes receivable                                                                       |   |             | (76,710 | ) |   |   | (157,579 | ) |
| Prepaid expenses and other current assets                                                           |   |             | — |   |   |   | 3,000 |   |
| Security deposits receivable                                                                        |   |             | (1      | ) |   |   | (19,000 | ) |
| Accounts payable and accrued expenses                                                               |   |             | (36,265 | ) |   |   | 6,756 |   |
| Deposits on franchise and business acquisitions                                                     |   |             | (15,000 | ) |   |   | 35,000 |   |
| Income taxes payable                                                                                |   |             | (2,959  | ) |   |   | (1,141 | ) |
| Security deposits payable                                                                           |   |             | 7,000   |   |   |   | (21,950 | ) |
| Net cash provided by (used for) operating activities                                                |   |             | (96,949 | ) |   |   | (31,555 | ) |
|                                                                                                |   |             |    |   |   |   |   |   |
| Investing Activities                                                                                |   |             | — |   |   |   | — |   |
|                                                                                                |   |             |    |   |   |   |   |   |
| Financing Activities                                                                                |   |             | — |   |   |   | — |   |
|                                                                                                |   |             |    |   |   |   |   |   |
| Net increase (decrease) in cash                                                                     |   |             | (96,949 | ) |   |   | (31,555 | ) |
| Cash and cash equivalents at beginning of the period                                                |   |             | 488,909 |   |   |   | 504,259 |   |
|                                                                                                |   |             |    |   |   |   |   |   |
| Cash and cash equivalents at end of the period                                                      |   | $                | 391,960 |   |   | $ | 472,704 |   |
|                                                                                                |   |             |    |   |   |   |   |   |
| Supplemental Cash Flow Information:                                                                 |   |             |    |   |   |   |   |   |
| Interest paid                                                                                       |   | $                | — |   |   | $ | — |   |
| Income Taxes Paid                                                                                   |   | $                | 2,679   |   |   | $ | 1,141 |   |

----

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

|                                                                  |   | June 30, |     |   | December 31 |   |
|-----------------------------------------------------------------------|--------|----------|----------|--------|-------------|--------|
|                                                                  |   | 2010     |     |   | 2009        |   |
| Trade receivables from franchisees                                    |   | $        | 737,605  |   |        | $      | 639,982 |   |
| Installment loan due January 1, 2011 with an interest rate of 6% |   |     | 22,784   |   |        |   | 25,000 |   |
|                                                                  |   |     | 760,389  |   |        |   | 664,982 |   |
| Less allowance for doubtful accounts                                  |   |     | (376,099 | )      |        |   | (290,066 | ) |
|                                                                  |   |     | 384,290  |   |        |   | 374,916 |   |
| Less current portion                                                  |   |     | (384,290 | )      |        |   | (349,916 | ) |
| Non-current accounts and notes receivable                             |   | $        | —  |   |        | $      | 25,000 |   |

|                                                         |   | June 30, |    |   | December 31, |   |
|--------------------------------------------------------------|--------|----------|---------|--------|--------------|--------|
|                                                         |   | 2010     |    |   | 2009         |   |
| Machinery and shop equipment                                 |   | $        | 5,704   |   |         | $      | 5,704 |   |
| Signage                                                      |   |     | 5,623   |   |         |   | 5,623 |   |
| Furniture                                                    |   |     | 11,693  |   |         |   | 11,693 |   |
|                                                         |   |     | 23,020  |   |         |   | 23,020 |   |
| Less accumulated depreciation                                |   |     | (23,020 | )      |         |   | (23,020 | ) |
| Property and equipment, net of accumulated depreciation |   | $        | — |   |         | $      | — |   |

----

|                                                    |   | June 30, |     |   | December 31, |   |
|---------------------------------------------------------|--------|----------|----------|--------|--------------|--------|
|                                                    |   | 2010     |     |   | 2009         |   |
| Trademarks                                              |   | $        | 45,196   |   |         | $      | 45,196 |   |
| Franchise and market area rights                        |   |     | 358,600  |   |         |   | 358,600 |   |
|                                                    |   |     | 403,796  |   |         |   | 403,796 |   |
| Less accumulated amortization                           |   |     | (123,489 | )      |         |   | (122,758 | ) |
| Intangible Assets, net of accumulated amortization |   | $        | 280,307  |   |         | $      | 281,038 |   |

|                                                                           |   | Six Months Ended June 30, |    |
|--------------------------------------------------------------------------------|--------|---------------------------|---------|
|                                                                           |   | 2010                      |    |   | 2009 |   |
| Federal income tax (benefit) at 35% statutory income tax rate                  |   | $                         | (26,222 | ) |   | $ | 9,124 |   |
|                                                                           |   |                      |    |   |   |   |   |   |
| Nondeductible increase(nontaxable decrease) in allowance for doubtful accounts |   |                      | 30,112  |   |   |   | (8,601 | ) |
| Change in valuation allowance                                                  |   |                      | (3,890  | ) |   |   | (523 | ) |
| Provision for income taxes                                                     |   | $                         | — |   |   | $ | — |   |

----

| 2010                |   |   | 165,587   |   |
|---------------------|--------|--------|-----------|--------|
| 2011                |   |   | 233,921   |   |
| 2012                |   |   | 200,851   |   |
| 2013 and thereafter |   |   | 861,046   |   |
|                |   | $      | 1,461,405 |   |

| 2010   |   |   | 15,250 |   |
|--------|--------|--------|--------|--------|
| 2011   |   |   | 23,325 |   |
| 2012   |   |   | 24,675 |   |
| 2013   |   |   | 18,675 |   |
|   |   | $      | 81,925 |   |

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Item 2.  MANAGEMENT’S  DISCUSSION  AND ANALYSIS OR PLAN OF OPERATION

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ITEM 3.   CONTROLS AND PROCEDURES

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PART II - OTHER INFORMATION

Item 1.   Legal Proceedings

Item 2.   Changes in Securities and Use of Proceeds

Item 3.   Defaults Upon Senior Securities

Item 4.   Submission of Matters to a Vote of Security Holders

Item 5.   Other Information

Item 6.  Exhibits

| (a)   |     Exhibits |
|-----------------|----------------------------------|

| (b)   |      Reports on Form 8-K |
|-----------------|---------------------------------------------------|

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SIGNATURES

|   | TILDEN ASSOCIATES, INC.  |                                  |
|--------|-------------------------------|---------------------------------------|
|   |                          |                                  |   |
|   | By:                           | /s/ ROBERT BASKIND                    |   |
|   |                          | Robert Baskind                        |   |
|   |                          | President and Chief Executive Officer |   |

| Signatures    |                            | Titles | Date                               |
|------------------------------|--------------------------------------|--------|------------------------------------|
|                         |                                 |   |                               |   |
| By:                          | /s/ ROBERT BASKIND    |   | Chairman of the Board, President   | Augst 19, 2010 |
|                         | Robert Baskind                  |   | Chief Executive Officer (Principal |   |
|                         |                                 |   | Executive and Financial Officer)   |   |

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