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Prospector
Profile
116-03
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| Titan Technologies, Inc. |
NAICS |
533110 |
| 3206 Candelaria Road, N.E.
Albuquerque, NM 87107 |
Description |
Patent Leasing |
| (505) 884-0272 |
Employees |
4 |
| http://www.titantechnologiesinc.com |
Revenue |
(mil) |
0.0000 |
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Income |
(mil) |
-0.3000 |
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Assets |
(mil) |
0.0580 |
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Liability |
(mil) |
0.4700 |
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(for the year ended 2007-07-31) |
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Category:
Loss/Deficit
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Event:
Titan Technologies, Inc., had a net loss of $64,145 for the first quarter ended October 31, 2007, slightly lower than the $84,142 net loss incurred during the first quarter ended October 31, 2006. At October 31, 2007, the Company had a working capital and stockholders' deficits of $470,524 and $444,888, respectively. In addition, the Company has no revenue producing operations.
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Intellectual Property:
The Company holds process patents covering the feed and discharge components of its system, which represents an advancement over conventional pyrolysis equipment. Although not trademarked, the Titan tire recycling technology is often referred to informally as “TRTM-150” technology. The Company also intends to direct most of its research and development efforts during fiscal 2008 toward the continued development of its phase III TRTM-150 technology and the patenting of any additional patentable innovations. [SEC Filing 10-KSB 11-13-2007]
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Description:
Titan Technologies, Inc., licenses recycling technologies to the tire recycling plants in the United States and internationally.
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Officers:
Ronald L. Wilder (CEO, Pres., COO, CFO & Treas.); Robert S. Simon (Sec. & Gen. Counsel)
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Auditor:
Stark Winter Schenkein & Co LLP
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Securities:
Common Stock-Symbol TITT.OB; OTC BB;
46,627,777 common shares outstanding as of October 31, 2007.
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