Item 2. Management's Discussion and Analysis of Financial Condition and
Results of Operations.

Results of Operations

Due to insufficient progress in prior business operations, approximately twenty months ago the Company liquidated its business assets and launched a new business plan. It hired a new CEO with experience in its new direction. The industry in which the Company is now engaged is described by the Company as technology transfer. The Company changed its name to Transfer Technology International Corp. to reflect involvement in this industry.

The Company commercializes new or underused technologies through the acquisition of licenses and through the design of effective commercialization strategies in conjunction with business partners who can facilitate market penetration. During the first quarter of 2008, the Company acquired patents relating to two technologies. The first is a patented process for preventing flash rust on low carbon steel. The second patent is for a product that protects citrus groves from citrus canker, a disease that causes millions of dollars of crop damage each year. In addition, the company is currently evaluating a third patent for possible acquisition.

The Company is now beginning the commercialization process for these acquired technologies. In addition to the commercialization of our technologies, the Company has recently acquired the rights to be a reseller of certain organic products. As of the date of this filing, a revenue stream from these technologies has commenced. During the three months ended June 30, 2009, the Company had recognized $44,348 in revenues from business operations from its newly formed wholly owned subsidiary, Organic Products International Corp. (OPI). The quarter ended June 30, 2008 recognized $0 in revenue from any business operations.

The Company hired a COO who will be the thrust behind these efforts. Since the Company is a reseller of products that are already developed and ready for market, the resale of the organic products has the potential to bring the Company immediate operational revenues. Though the revenues will likely start out slow, management believes this business activity has significant potential for the Company.

Capital Resources

Current business operations have been funded by the sale of equity capital, convertible notes, promissory notes, and, to a small extent, revenues. During the three months ended June 30, 2009, the Company raised $146,500 through the sale of its common stock, convertible notes, and promissory notes. Even though management believes operating revenues may accelerate soon through the commercialization of acquired technologies and the sale of organic products, management plans on continuing meeting it cash obligations in the foreseeable future through the continued sale of its common stock and convertible notes in private placements. Other sources of capital to the Company include bridge financings from shareholders or from persons close to the Company.

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Three and six month periods ended June 30, 2009

General operating expenses for the three and six month periods ended June 30, 2009, totaled $961,598 and $1,668,340 respectively. The Company also incurred $20,417 and $77,427 in interest expense during the three and six month periods ended June 30, 2009, respectively. However, the interest expense was not paid in cash and was a result of stock being issued at a higher fair market value than the amount needed to satisfy a debt. Also, much of the general operating expenses was paid by the issuance of stock.

Management estimates fixed cash expenditures total approximately $40,000 per month and variable monthly cash expenditures average $5,000 to $15,000 per month. Accordingly, going forward, the Company needs approximately $150,000 per quarter to stay solvent and to pursue it business plan. As mentioned earlier, these cash needs will be met in the near term though the sale of equity capital and eventually through revenues from its business operations.

Management estimates fixed cash expenditures in the future to total approximately $85,000 per month and variable monthly cash expenditures average $5,000 to $15,000 per month. Accordingly, going forward, the Company needs approximately $285,000 per quarter to stay solvent and to pursue it business plan. As mentioned earlier, these cash needs will be met in the near term through the sale of equity capital, convertible notes payable and eventually through revenues from its business operations.

Liquidity

As of August 13, 2009, we had cash on hand of approximately $11,000. This money is from the private sale of capital, notes and convertible notes. This will meet the cash needs of the Company for approximately the next 10 days. Thereafter it will be necessary for us to have been successful in raising addition funds through the sale of equity capital, notes payable, or through the commercialization of technologies currently owned or acquired by the Company.

Forward-Looking Statements

We may have made forward-looking statements, within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, in this Quarterly Report on Form 10-Q, including the section entitled "Management's Discussion and Analysis of Financial Condition and Results of Operations" that are based on our management's beliefs and assumptions and on information currently available to our management. Forward-looking statements include the information concerning our possible or assumed future results of operations, business strategies, financing plans, competitive position, industry environment, potential growth opportunities and the effects of future regulation and the effects of competition. Forward-looking statements include all statements that are not historical facts and can be identified by the use of forward-looking terminology such as the words "believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions.

Forward-looking statements involve risks, uncertainties and assumptions. Actual results may differ materially from those expressed in the forward-looking statements. You should understand that many important factors, in addition to those discussed elsewhere in this Annual Report on Form 10-K, could cause our results to differ materially from those expressed in the forward-looking statements. These factors include, without limitation, the rapidly changing industry and regulatory environment, our limited operating history, our ability to implement our growth strategy, our ability to integrate acquired companies and their assets and personnel into our business, our fixed obligations, our dependence on new capital to fund our growth strategy, our ability to attract and retain quality personnel, our competitive environment, economic and other conditions in markets in which we operate, increases in maintenance costs and insurance premiums and cyclical and seasonal fluctuations in our operating results. TTIN, unless legally required, undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Off-Balance Sheet Arrangements

We have not entered into any off-balance sheet arrangements and do not anticipate entering into any off-balance sheet arrangements that would have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources and would be considered material to investors.