- Quarterly Report (10-Q)

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the Quarterly Period Ended May 31, 2010

[] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the Transition Period from _________

 Commission File Number: 0-19945

 NoFire Technologies, Inc.
 -------------------------
 (Name of small business issuer in its charter)

 Delaware 22-3218682
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(State or other jurisdiction of (I.R.S. Employer

incorporation or organization) Identification No.)

21 Industrial Avenue, Upper Saddle River, New Jersey 07458
(Address of principal executive offices) (Zip Code)

Issuer's telephone number (201) 818-1616

Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act of 1934 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 [ ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Yes [ ] No [ ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.

Large Accelerated Filer ___Accelerated Filer___ Smaller Reporting Company [X} Non Accelerated Filer ____

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). YES [ ] NO [X}

State the number of shares of each of the issuer's classes of common equity outstanding at the latest practicable date: 45,318,017 shares of Common Stock as of July 20, 2010.

Page 1

NOFIRE TECHNOLOGIES, INC.

FORM 10-Q

INDEX

PART I - FINANCIAL INFORMATION PAGE

Item 1. Financial Statements:

 Balance Sheets as of May 31, 2010(unaudited)
 and August 31, 2009 3

 Statements of Operations for the Nine Months
 and Three months ended May 31, 2010 and 2009
 (unaudited) 5

 Statements of Cash Flows for the
 Nine Months ended May 31, 2010 and 2009
 (unaudited) 6

 Notes to Unaudited Financial Statements 8


Item 2. Management's Discussion and Analysis of
 Financial Condition and Results of Operations 12

Item 3. Quantitative and Qualitative Disclosures about
 Market Risk 13

Item 4(t) Controls and Procedures 13


Part II - OTHER INFORMATION

Item 1. Legal Proceedings 13

Item 2. Unregistered Sales of Equity Securities and
 Use of Proceeds 13

Item 6. Exhibits 13

 Signatures 14

 Certification of Financial Information Exhibits 31.1 31.2

 Sarbanes-Oxley Act Section 906 Certification Exhibits 32.1 32.2

Page 2

PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

NOFIRE TECHNOLOGIES, INC.
BALANCE SHEETS

 May 31, August 31,
 2010 2009
 ----------- ----------
 (UNAUDITED)

 ASSETS

CURRENT ASSETS:
 Cash $ 3,067 $ 6,089
 Accounts receivable - trade 116,770 89,498
 Inventories 104,732 90,563
 Prepaid expenses and other current assets 10,089 4,848
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 Total Current Assets 234,658 190,998
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OTHER ASSETS:
 Security deposits 38,357 37,240

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 $ 273,015 $228,238
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