Background Information	6 Months Ended
Jun. 30, 2015
Notes to Financial Statements
1. Background Information	Turbine Truck Engines, Inc. ("TTE" or "the Company") was incorporated in Delaware on November 27, 2000. On February 20, 2008, the Company was re-domiciled to the State of Nevada. To date, the Company's activities have been limited to raising capital, organizational matters, and the structuring of its business plan. The corporate headquarters are located in Bellevue, Washington. The company has not yet generated any revenues since inception. To date, the Company's principal operations are the development and ultimately the commercialization of the (a) Detonation Cycle Gas Turbine Engine ("DCGT"); (b) Gas to Liquid Technology Process technology ("GTL"); and (c) Hydrogen Production Burner System ("HPBS"). In addition, the Company is aggressively pursuing to either purchase or merge an intellectual property asset and/or an existing operational company asset. To date, TTE has not entered into a contractual commitment to complete an asset purchase or merger. The Company will need to raise capital to support its activities. The Company's activities are subject to significant risks and uncertainties, including failing to secure additional funding to commercialize the Company's current technology before another company develops similar technology. On May 4, 2015 TTE received approval from the Financial Industry Regulatory Authority ("FINRA") to effectuate a one-for-twenty (1:20) reverse split of its common stock, par value $0.001 per share, for shareholders of record as of the close of business on May 4, 2015, with the market effective date of May 5, 2015, whereby for every twenty (20) shares of the Company's old common stock were converted into one (1) share of the Company's new common stock. The new CUSIP number is 89989X 204. As a result of the reverse stock split, the Company has retroactively adjusted prior period share amounts and earnings per share to reflect the effect of the reverse stock split, unless otherwise noted.

Background Information

6 Months Ended

Jun. 30, 2015

Turbine Truck Engines, Inc. ("TTE" or "the Company") was incorporated in Delaware on November 27, 2000. On February 20, 2008, the Company was re-domiciled to the State of Nevada. To date, the Company's activities have been limited to raising capital, organizational matters, and the structuring of its business plan. The corporate headquarters are located in Bellevue, Washington. The company has not yet generated any revenues since inception.

To date, the Company's principal operations are the development and ultimately the commercialization of the (a) Detonation Cycle Gas Turbine Engine ("DCGT"); (b) Gas to Liquid Technology Process technology ("GTL"); and (c) Hydrogen Production Burner System ("HPBS"). In addition, the Company is aggressively pursuing to either purchase or merge an intellectual property asset and/or an existing operational company asset. To date, TTE has not entered into a contractual commitment to complete an asset purchase or merger.

The Company will need to raise capital to support its activities. The Company's activities are subject to significant risks and uncertainties, including failing to secure additional funding to commercialize the Company's current technology before another company develops similar technology.

On May 4, 2015 TTE received approval from the Financial Industry Regulatory Authority ("FINRA") to effectuate a one-for-twenty (1:20) reverse split of its common stock, par value $0.001 per share, for shareholders of record as of the close of business on May 4, 2015, with the market effective date of May 5, 2015, whereby for every twenty (20) shares of the Company's old common stock were converted into one (1) share of the Company's new common stock. The new CUSIP number is 89989X 204. As a result of the reverse stock split, the Company has retroactively adjusted prior period share amounts and earnings per share to reflect the effect of the reverse stock split, unless otherwise noted.