<PAGE>   1
                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB
              [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                  For the quarterly period ended June 30, 1999

                                       OR

              [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                 For the transition period from      to
                                               ------  -------


                     SUMMIT ENVIRONMENTAL CORPORATION, INC.
             (Exact name of registrant as specified in its charter)

<TABLE>
<S>                                                  <C>                                                      <C>
             Texas                                          333-48659                                          73-1537206
        --------------                               -----------------------                                  -------------
           (state of                                 (Commission File Number)                                 (IRS Employer
        incorporation)                                                                                        I.D. Number)
</TABLE>


                           414 East Loop 281, Suite 7
                               Longview, TX 75605
                                  800-522-7841
             -------------------------------------------------------
             (Address and telephone number of registrant's principal
               executive offices and principal place of business)

         Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding twelve 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
                                             ---  ---

         As of June 30, 1999, there were 7,528,494 shares of the Registrant's
Common Stock, par value $0.001 per share, outstanding.

         Transitional Small Business Disclosure Format (check one): Yes   No X
                                                                       ---  ---


<PAGE>   2

                         PART I - FINANCIAL INFORMATION



ITEM 1.  FINANCIAL STATEMENTS



                                       2
<PAGE>   3

                     SUMMIT ENVIRONMENTAL CORPORATION, INC.
                                  BALANCE SHEET
       As of the end of the six months ended June 30, 1999 and the twelve
                         months ended December 31, 1998

<TABLE>
<CAPTION>
                                                          June 30, 1999  December 31, 1998
                                                            Unaudited         Audited
                                                          -------------  -----------------
                         ASSETS
<S>                                                       <C>            <C>
CURRENT ASSETS
   Cash                                                    $   260,987      $   744,704
   Accounts Receivable                                         171,865          173,456
   Less Allowance                                              (30,000)         (30,000)
   Inventory                                                   721,493          399,060
   Prepaid Items                                                 6,095                0
   Accrued income tax refund                                     7,252            7,252
                                                           -----------      -----------

      Total Current Assets                                   1,137,692        1,294,472
                                                           -----------      -----------

PROPERTY AND EQUIPMENT AT COST
   Equipment                                                    24,789           21,203
   Accumulated depreciation                                     (3,886)          (1,942)
                                                           -----------      -----------
      Net property and equipment                                20,903           19,261
                                                           -----------      -----------

OTHER ASSETS
   Prepaid royalties                                           400,000          250,000
   Organization Cost                                           129,291          129,291
   Less accumulated amortization                               (22,623)          (9,697)

   Patents and Licenses                                      2,435,000        2,435,000
   Less: Accumulated amortization                             (104,958)         (23,792)
                                                           -----------      -----------

   Total Other Assets                                        2,836,710        2,780,802
                                                           -----------      -----------

   Total Assets                                            $ 3,995,305      $ 4,094,535
                                                           -----------      -----------

          LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
   Accounts Payable                                        $    22,335      $    19,201
   Accrued Liabilities                                          17,946           17,283
   Notes Payable - related party                               500,000          500,000
   Notes Payable - other                                             0            1,738
                                                           -----------      -----------

      Total Current Liabilities                                540,281          538,222
                                                           -----------      -----------

STOCKHOLDERS' EQUITY
   Preferred stock, par value $.001; 10,000,000 shares
      authorized, no shares issued
   Common stock, par value $.001; 40,000,000 shares
      authorized, 7,528,494 & 7,406,694
      shares issued and outstanding respectively                 7,529            7,406
   Additional paid in capital                                4,462,200        4,154,823
   Deficit accumulated                                      (1,014,705)        (605,916)
                                                           -----------      -----------
      Total stockholders' equity                             3,455,024        3,556,313
                                                           -----------      -----------

      Total liabilities and stockholders' equity           $ 3,995,305      $ 4,094,535
                                                           ===========      ===========

        The accompanying notes are an integral part of these statements.
</TABLE>


                                       3
<PAGE>   4

                     SUMMIT ENVIRONMENTAL CORPORATION, INC.
                            STATEMENTS OF CASH FLOWS

<TABLE>
<CAPTION>

                                                               Six months ended Six months ended
                                                                 June 30, 1999    June 30, 1998
                                                                   Unaudited         Audited
                                                               ---------------- ----------------
<S>                                                            <C>              <C>
CASH FLOWS FROM OPERATING ACTIVITIES
    Net earnings (loss)                                           $  (408,788)     $   (42,856)
    Adjustments to reconcile net earnings (loss) to cash
      used in operating activities
      Amortization                                                     94,092            7,022
      Depreciation                                                      1,944            1,901
    Change in assets and liabilities:
      Accounts receivable                                               1,591          (46,305)
      License fee receivable                                               --          (80,000)
      Inventory                                                      (322,433)         (31,602)
      Prepaid items (156,095)                                          (6,555)
      Accounts payable                                                  3,134           27,397
      Accrued expenses                                                    663            6,946
      Commission payable                                                   --           44,673
                                                                  -----------      -----------
                    Net cash used in operating activities            (785,892)        (119,379)
                                                                  -----------      -----------

CASH FLOWS FROM INVESTING ACTIVITIES
    Due from stockholders                                                  --         (804,350)
    Acquisition of property and equipment                              (3,586)         (17,302)
    Advances to officers                                                   --           (1,500)
    Organization costs                                                     --          (94,719)
    Acquisition of licenses                                                --         (155,000)
                                                                  -----------      -----------
                    Net cash used in investing activities              (3,586)      (1,072,871)
                                                                  ===========      ===========

CASH FLOWS FROM FINANCING ACTIVITIES
    Loan proceeds                                                          --            6,554
    Loan principal repayments                                          (1,738)          (2,321)
    Proceeds from sale of stock                                       307,500        1,472,428
                                                                  -----------      -----------
                    Net cash provided by financing activities         305,762        1,476,661
                                                                  -----------      -----------

NET INCREASE (DECREASE) IN CASH                                      (483,716)         284,411

Cash - Beginning of period                                            744,704            5,001
                                                                  -----------      -----------

Cash - End of period                                              $   260,988      $   289,412
                                                                  -----------      -----------

        The accompanying notes are an integral part of these statements.
</TABLE>


                                       4
<PAGE>   5

                     SUMMIT ENVIRONMENTAL CORPORATION, INC.
                             STATEMENT OF OPERATIONS
                                   (Unaudited)

<TABLE>
<CAPTION>
                                            Three Months ended                  Six Months ended
                                                  June 30                           June 30
                                                                                         Audited
                                        ----------------------------      ----------------------------
                                           1999             1998             1999             1998
                                        -----------      -----------      -----------      -----------

<S>                                     <C>              <C>              <C>              <C>
SALES                                   $    59,771      $    59,187      $    78,319      $    59,187

COST OF SALES                                24,783           38,149           29,555           38,149
                                        -----------      -----------      -----------      -----------
     Gross Profit                            34,988           21,038           48,764           21,038
                                        -----------      -----------      -----------      -----------
OPERATION EXPENSES
     General and administrative             183,190          122,146          369,351          161,175
     Depreciation and amortization           48,018            8,923           96,036            8,923
     Interest expense                            43              351               97              351
                                        -----------      -----------      -----------      -----------
         Total operating expense            231,251          131,420          465,484          170,449
                                        -----------      -----------      -----------      -----------
Net Earnings (Loss) from operations        (196,263)        (110,382)        (416,720)        (149,411)
                                        -----------      -----------      -----------      -----------
OTHER INCOME
     Interest income                          2,728               --            7,932               --
     Sale of license                             --          100,000               --          100,000
                                        -----------      -----------      -----------      -----------
         Total Other Income                   2,728          100,000            7,932          100,000
                                        -----------      -----------      -----------      -----------
NET EARNINGS (LOSS)
     BEFORE INCOME TAX                     (193,535)         (10,382)        (408,788)         (49,411)

     Income tax benefit                          --            6,555               --            6,555
                                        -----------      -----------      -----------      -----------
NET EARNINGS (LOSS)                     $  (193,535)     $    (3,827)     $  (408,788)     $   (42,856)
                                        ===========      ===========      ===========      ===========
NET EARNINGS (LOSS)
     PER SHARE                          $  (.025707)     $ (0.007384)     $  (.054699)     $  (.094190)
                                        -----------      -----------      -----------      -----------

WEIGHTED AVERAGE SHARES                   7,528,494        5,182,870        7,473,450        4,549,950
                                        -----------      -----------      -----------      -----------

        The accompanying notes are an integral part of these statements.
</TABLE>


                                       5
<PAGE>   6

                     SUMMIT ENVIRONMENTAL CORPORATION, INC.
                        NOTES TO THE FINANCIAL STATEMENTS
                                   (Unaudited)

The balance sheet of Summit Environmental Corporation, Inc., the "Company", at
December 31, 1998, the statement of operation for the six months ended June 30,
1998 and the statement of cash flows for the six months ended June 30, 1998 have
been taken from the Company's audited financial statements at that date. The
balance sheet at June 30, 1999, the statement of operations for the three months
ended June 30, 1999, the three months ended June 30, 1998, the six months ended
June 30, 1999 and the statement of cash flows for the six months ended June 30,
1999 have been prepared by the Company without audit. The financial statements
have been prepared in conformity with generally accepted accounting principles
and contain such adjustments as management feels are necessary to present
fairly, in all material aspects, the financial position and results of operation
of the Company.

1.       SIGNIFICANT ACCOUNTING POLICIES

         Business Activity

         Summit Environmental Corporation, Inc. (the "Company") was organized in
         accordance with the Business Corporation Act of the State of Texas on
         February 2, 1998, for the purpose of merging (the "Merger") with Summit
         Technologies, Inc., a Texas corporation. The Company continued to exist
         as the surviving corporation under its present name pursuant to the
         provisions of the Texas Business Corporation Act. The Merger was
         effected on December 2, 1998 as a tax-free reorganization accounted for
         as a pooling of interests.

         The Company manufactures and markets environmentally friendly non-toxic
         chemicals cleaners and fire suppression materials along with herbal and
         cosmetic health products. The products are proprietary or are under
         exclusive license. Marketing efforts include "infomercials" and other
         television and radio promotion, videotapes, and personal
         demonstrations. Products are marketed domestically and internationally.

         Revenue Recognition

         Revenues from sales of materials and products are recorded at the time
         the goods are shipped or when title passes.

         Cash

         The Company maintains cash balances at a financial institution located
         in Longview, Texas, which at times may exceed federally insured limits.
         The Company has not experienced any losses in such accounts and
         believes it is not exposed to any significant credit risk on cash and
         cash equivalents.

         For purposes of the statement of cash flows, the Company considers all
         highly liquid investments with a maturity of three months or less when
         purchased to be cash equivalents.

         Inventory

         Inventory is recorded at the lower of cost or market, with the cost
         being determined by the first-in, first-out method.

         Intangible Assets

         Patents, licenses and organization costs are recorded at cost.
         Amortization is computed on the straight-line method over fifteen years
         for patents and licenses and over five years for organization costs.



                                       6
<PAGE>   7

                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)

1.       SIGNIFICANT ACCOUNTING POLICIES (Continued)

         Income Taxes

         Deferred income taxes are determined using the liability method under
         which deferred tax assets and liabilities are determined based upon
         differences between financial accounting and tax bases of assets and
         liabilities.

         Property and Equipment

         Depreciation and amortization are provided in amounts sufficient to
         relate the cost of depreciable assets to operations over their
         estimated service lives by the straight-line method.

         Leasehold improvements are amortized over the lives of the respective
         leases or the service lives of the improvements, whichever is shorter.

         Major repairs or replacements of property and equipment are
         capitalized. Maintenance, repairs and minor replacements are charged to
         operations as incurred.

         When units of property are retired or otherwise disposed of, their cost
         and related accumulated depreciation are removed from the accounts and
         any resulting gain or loss is included in operations.

         The estimated service lives used in determining depreciation and
         amortization are:

<TABLE>
<CAPTION>
                  Description                       Estimated Service Life

<S>                                                 <C>
                  Office furniture and equipment          5-7 years
                  Leasehold improvements                   4 years
</TABLE>

         Use of Estimates

         The preparation of financial statements in conformity with generally
         accepted accounting principles requires management to make estimates
         and assumptions that affect certain reported amounts and disclosures.
         Accordingly, actual results could differ from those estimates.

         Per Share Information

         Per share information is based on the weighted average number of common
         stock and common stock equivalent shares outstanding. Only basic
         earnings per share are shown, as there are no dilutive items. During
         1998 a 33.6-for-one stock split of the Company's common stock was
         authorized. Net earnings (loss) per share has been adjusted to reflect
         the split on a retroactive basis.

         Convertible Notes

         As of July 1999, the board of directors has authorized the Company to
         offer 300, $10,000 convertible notes, 10% interest, convertible into
         common stock at $1.25 per share. With each note there are 2,000
         warrants exercisable through June 30, 2002 at $1.50 per share for
         Common Stock.


                                       7
<PAGE>   8

                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)

2.       PATENT

         On November 2, 1998, the Company purchased via issuance of common stock
         and a note payable, patent rights and intellectual property to various
         fire suppression products for a purchase price of $2,375,000. This
         purchase requires cash payments of $500,000 to be paid on or before
         August 1, 1999 and 750,000 shares of common stock of the Company to be
         issued and delivered to BioGenesis Enterprises, Inc., which were issued
         on February 1, 1999.

3.       LICENSES

         Licenses for limited exclusive marketing rights to various herbal
         health products have been acquired for fees totaling $60,000 from a
         related party. Under the agreements, the Company must meet annual
         production quotas. The grantor of the licenses is the
         manufacturer/supplier of the products.

4.       LEASES

         The Company is obligated under various operating leases for equipment,
         vehicles, and office and warehouse space. Management expects that, in
         the normal course of business, leases that expire will be renewed by
         other leases; thus it is anticipated that future minimum lease
         commitments will not be less than the amount shown for the period
         ending December 31, 1998.

5.       COMMON STOCK

         Common Stock Options

         The 1998 Stock Option Plan (the "Plan") of the Company whereby, at the
         discretion of the directors or of a Stock Option Committee appointed by
         the board of directors, invited employees of the Company or directors
         of the Company or consultants to the Company will have the option of
         subscribing to common shares of the Company based on a price determined
         by the directors or Stock Option Committee. The number of shares
         subject to the Plan is 500,000. No options have been granted in
         accordance with this plan.

         Contingency Concerning Some Shares

         During the proposed merger period with Summit Environmental
         Corporation, Inc. ("SECI"), SECI filed a registration statement with
         the Securities and Exchange Commission ("the Commission") on March 26,
         1998 related to the proposed merger, naming the Company as the entity
         proposed to be merged with SECI. The Company subsequently sold 810,840
         shares of its common stock in an offering intended to be exempt from
         registration pursuant to the provisions of Section 4(2) of the
         Securities Act of 1933 and of Regulation D, Rule 506 of the Commission.

         It is possible, but not certain, that the filing of the registration
         statement by SECI and the manner in which the Company conducted the
         sale of the 810,840 shares of common stock constituted "general
         advertising or general solicitation" by the Company. General
         advertising and general solicitation are activities that are prohibited
         when conducted in connection with an offering intended to be exempt
         from registration pursuant to the provision of Regulation D, Rule 506
         of the Commission. The Company does not concede that there was no
         exemption from registration available for this offering. Nevertheless,
         should the aforementioned circumstances have constituted general
         advertising or general solicitation, the Company would be denied the
         availability of Regulation D, Rule 506 as an exemption from the
         registration requirements of the Securities Act of 1933 when it sold
         the 810,840 shares of common stock after March 26, 1998. Should no
         exemption from registration have been available with respect to the
         sale of these shares, the persons who bought them


                                       8
<PAGE>   9

                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)

         would be entitled, under the Securities Act of 1933, to the return of
         their subscription amounts if actions to recover such monies should be
         filed within one year after the sales in question.

         Of the 810,840 shares of common stock, 54,000 shares were never funded,
         leaving 756,840 shares and $1,129,594 stockholder's equity that may be
         refunded. The last of the contingency stock was sold by the Company
         June 30, 1998. As of June 30, 1999, no request for refund has been
         received.

6.       RELATED PARTY TRANSACTIONS

         The following transaction occurred between the Company and related
         parties:

         The Company acquired a patent from BioGenesis Enterprises, Inc.
         (BioGenesis) on November 2, 1998 (see footnote number 2). The purchase
         agreement requires the Company to pay BioGenesis a periodic royalty of
         $.50 per 16-oz. Can and an equivalent (approximately 7%) on all other
         product categories using the fire suppressant technology. One-half of
         all periodic royalty fees due to BioGenesis will be credited against
         the advance royalty fee (until fully recovered) and one-half will be
         paid to BioGenesis in cash on the 30th of each month based upon
         invoiced sales through the close of the preceding month. The Company
         has prepaid royalties to BioGenesis totaling $250,000 as of December
         31, 1998, and $400,000 as of June 30, 1999.

7.       INCOME TAXES

         Deferred tax assets and liabilities are determined based on the
         differences between the financial statement and tax bases of assets and
         liabilities as measured by the currently enacted tax rates. Deferred
         tax expense or benefit is the result of the changes in deferred tax
         assets and liabilities.

         Deferred income taxes arise principally from the temporary differences
         between financial statement and income tax recognition of depreciation,
         bad debts and net operating losses.


                                       9
<PAGE>   10

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
         OF OPERATIONS

         The following discussion and analysis should be read in conjunction
with the financial statements and the accompanying notes thereto and is
qualified in its entirety by the foregoing and by more detailed financial
information appearing elsewhere. See "Item 1. Financial Statements."

         RESULTS OF OPERATIONS - SECOND QUARTER OF 1999 COMPARED TO SECOND
         QUARTER OF 1998

         Summit Environmental's revenues for Q2 1999 were flat compared to Q2
1998. Gross margin, however, was 42 percent for Q2 1999 compared to 36 percent
for Q2 1998. This improvement in gross margin was primarily due to increase in
sales of fire suppressant through revenue sharing agreements.

         Operating expenses increased significantly during Q2 1999 compared to
Q2 1998. Marketing expenses increased from $34,305 in Q2 1998 to $56,004 in Q2
1999.

         Salaries increased by 72 percent in Q2 1999 compared to Q2 1998. The
majority of the $20,000 increase was in salaries to officers of the company,
specifically the addition of Paula Parker and Don Hendon.

         Amortization and depreciation increased by four-fold in Q2 1999
compared to Q2 1998. This reflects the acquisition by Summit of the patent
rights to its fire suppressant.

         Summit had a net loss from operations of $193,535 for Q2 1999 compared
to a net loss of only $3,827 on comparable sales for Q2 1998. As described
above, this increase was due primarily to an increase in marketing expense and
an increase in amortization and depreciation.

         RESULTS OF OPERATIONS - FIRST HALF OF 1999 COMPARED TO FIRST HALF OF
         1998

         Sales from operations increased by 32 percent for the first half of
1999 compared to the first half of 1998. Gross margin on these sales was 62
percent in the first half of 1999 compared to gross margin of only 36 percent in
the first half of 1998.

         Operating expenses, however, increased by 173 percent during the first
half of 1999 compared to those in the first half of 1998. The principal
increases in operating expenses in the first half of 1999 were marketing -
$79,449 as compared to $34,305 in the first half of 1998 - and depreciation and
amortization - $96,036 as compared to only $8,923 in the first half of 1998.

         We experienced a net loss of $408,788 in the first half of 1999 as
compared to a net loss of $42,856 in the first half of 1998. The loss per share
of common stock was $0.05 for the first half of 1999 compared to a net loss per
share of $0.09 in the first half of 1998.


                                       10
<PAGE>   11

         Our inventory increased from $399,060 at December 31, 1998 to $721,493
on June 30, 1999. This increase is deliberate and reflects an improvement in our
ability to handle large orders we expect to receive this year.

         Other balance sheet items that reflect significant changes from
December 31, 1998 to June 30, 1999 are cash - down from $744,704 to $260,987 and
prepaid royalties - up from $250,000 to $400,000.

         The net loss of $408,788 during the first half of 1999 was financed
partly from the $307,500 proceeds of sale of 121,800 shares of common stock and
partly from $96,036 in amortization and depreciation.

         OUTLOOK

         This outlook section contains a number of forward-looking statements,
all of which are based on current expectations. Actual results may vary
considerably.

         Summit has recently entered into the following contracts or
distribution agreements that we expect to produce the indicated results:

         1. We have entered into an exclusive distribution agreement with
Convenience Service Group, a company that places products in over 130,000
convenience stores across the United States and Canada. For Convenience Service
Group to maintain its exclusive distributorship for convenience stores, it must
produce sales of $5,000,000 of FirePower 911(TM) during the first year of the
agreement. It will place additional products of Summit in its convenience store
network after FirePower 911(TM) is successfully introduced. FirePower 911(TM)
will first hit the shelves between August 15 and September 1, 1999.

         2. Through International Aero, Inc. we have executed an agreement with
a United Kingdom distributor with 40 sales representatives that cover the
European Union. The initial order for our fire suppressants is expected to be
$500,000. This marketing firm is a fire products sales organization.

         3. We have executed a contract with a New York City exporter that was
granted the exclusive right to sell our fire suppressant products in thirteen
countries in South America. The first year's product's quota for the exclusive
distribution right is $925,000. The second year's quota is $1,600,000. The first
shipment to the government in Chile has already been ordered - US$60,000 for
five-gallon containers of FlameOut(TM) for the Forestry Service of Chile.

         4. We have developed a proprietary, biodegradable, crank wash cleaner
called Ultimate Clean 668 that is manufactured by BioGenesis Enterprises, Inc.
exclusively for us. Solar Turbines, Inc., a division of Caterpillar Inc., has
approved the cleaner to be used on its turbine fleet. We are in the process of
obtaining the approval by other turbine manufacturers to use Ultimate Clean 668
on their turbines.

         We already have, through our authorized representatives, a worldwide
network to market and distribute this product, and purchase orders have been
received for this product. We anticipate sales of


                                       11
<PAGE>   12

approximately $460,000 from the Solar Turbines fleet during the rest of
1999.

         In addition to the above, we expect to commence a vigorous marketing
effort using infomercials in September 1999. The producer of the infomercials is
The Video Agency of Studio City, California. The initial preparation is being
edited at Paramount Studios. Three direct response television ads will be
extracted from this 30-minute production. The program will air nationally on
either the Discovery, Learning, or Bravo Channels, or on CNBC. It will be
rebroadcast once every other week for six months. We believe this program will
generate investor interest, support the convenience store retail sales
initiative and produce direct sales from the home office.

         Further, we are negotiating contracts with a Malaysian group for it to
be a regional distributor in that region. During July, we executed agreements
with distributors for Japan and Hong Kong. Production estimates cannot be made
at this time, because we are awaiting official notice of the acceptance of our
testing standard for both FirePower 911(TM) and FlameOut(TM).

         MANAGEMENT'S STATEMENT ON Y2K

         Summit's information technology system is Y2K compliant based on
communications with our hardware and software providers and in-house testing. We
have no non-information technology systems affecting business operations. We
have no multiple computer systems.

         Third parties with whom we have material relationships have confirmed
that they expect no business interruptions. We expect no cost directly relating
to fixing Y2K issues, such as modifying software and hiring Y2K solution
providers. We estimate no material lost revenues due to Y2K issues, and we are
establishing a contingency plan.

         Summit's future results of operations and the other forward-looking
statements contained herein involve a number of risks and uncertainties. Among
the factors that could cause actual results to differ materially are the
following: inability of the Company to obtain needed additional capital, loss of
personnel - particularly chief executive officer B. Keith Parker - as a result
of accident or for health reasons, interruptions in the supply of inventory from
manufacturers of the inventory, the development of a competing fire suppressant
by a well-capitalized competitor that either is able to develop a new product
with the same attributes as the Company's fire suppressant or is able to
discover the additives to the Company's fire suppressant that give it its unique
and superior qualities, and an accident involving life or serious bodily harm
that fairly or unfairly would bring into question the safety of using the
Company's fire suppressant products.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

(a)      EXHIBITS

         Exhibit 27                 Financial Data Schedule


                                       12
<PAGE>   13

(B)      FORMS 8-K

         None

                                   SIGNATURES

         Pursuant to the requirements of the Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

Date:  August 6, 1999                  Summit Environmental Corporation, Inc.



                                       By/s/B. Keith Parker
                                         -------------------------------------
                                         B. Keith Parker, Chief Executive
                                         Officer


                                       13
<PAGE>   14

<TABLE>
<CAPTION>
                               Index To Exhibits
                               -----------------

Exhibit
  No.                            Description
-------                          -----------
<S>                            <C>
  27                             Financial Data Schedule
</TABLE>