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 March 31, 2004

                                       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)


        Texas                       333-48659                 73-1537206
        -----                       ---------                 ----------
      (state of              (Commission File Number)       (IRS Employer
    incorporation)                                           I.D. Number)

                              133 East Tyler Street
                               Longview, TX 75601
                                  800-522-7841
              ----------------------------------------------------
             (Address and telephone number of registrant's principal
               executive offices and principal place of business)


              ----------------------------------------------------
             (Former name or address, if changed since last report)

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 May 10, 2004, there were 19,940,094 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>


                         PART I - FINANCIAL INFORMATION



ITEM 1.           FINANCIAL STATEMENTS

Condensed Balance Sheets March 31, 2004 (Unaudited) and
         December 31, 2003 (Audited)                                          3
Statements of Operations Three Months Ended March 31, 2004 and 2003 and
         Period from August 14, 1997 to March 31, 2004                        4
Statements of Cash Flows Three Months Ended March 31, 2004 and 2003 and
         Period from August 14, 1997 to March 31, 2004                        5
Notes to Financial Statements (Unaudited)                                     6


                                       2
<PAGE>

<TABLE>
<CAPTION>

                     SUMMIT ENVIRONMENTAL CORPORATION, INC.
                          (A Development Stage Company)
                            CONDENSED BALANCE SHEETS

                                                                                  March 31, 2004   December 31, 2003
                                                                                    (Unaudited)       (Audited)
                     ASSETS                                                         ------------    ------------
CURRENT ASSETS
<S>                                                                                <C>             <C>
 Cash and Cash Equivalents                                                         $     76,114    $    114,054
 Accounts Receivable, Less Allowance of $166,321                                         55,096          29,444
 Note receivable - related party, less allowance of 20,496                                   --              --
 Inventory                                                                              243,961         209,694
 Prepaid Expenses                                                                        72,774          79,916
                                                                                   ------------    ------------
    Total Current Assets                                                                447,945         433,108
                                                                                   ------------    ------------

PROPERTY AND EQUIPMENT AT COST
 Property and Equipment                                                                  58,235          58,235
 Leasehold Improvements                                                                  13,877          13,760
 Accumulated Depreciation and Amortization                                              (44,673)        (41,868)
                                                                                   ------------    ------------
    Net Property and Equipment                                                           27,439          30,127
                                                                                   ------------    ------------

OTHER ASSETS
 Prepaid Royalties                                                                      511,859         511,859
 Deposits                                                                                 2,180           2,180
 Patents and Licenses (net of accumulated amortization
  of $881,811 and $841,227 respectively)                                              1,668,389       1,708,973
                                                                                   ------------    ------------
    Total Other Assets                                                                2,182,428       2,223,012
                                                                                   ------------    ------------

TOTAL ASSETS                                                                       $  2,657,812    $  2,686,247
                                                                                   ============    ============

                            LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
 Accounts Payable                                                                  $     89,147    $     71,730
 Notes Payable                                                                           39,500    $     39,500
 Accrued Liabilities                                                                     33,226          32,588
                                                                                   ------------    ------------
    Total Current Liabilities                                                           161,873         143,818
                                                                                   ------------    ------------


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, 18,370,694 & 16,899,194
  shares issued and outstanding respectively                                             18,872          16,900
 Common stock subscribed                                                                128,000         300,800
 Additional Paid in Capital                                                           8,638,062       8,329,609
 Deficit Accumulated in Development Stage                                            (6,263,995)     (6,079,880)
 Treasury Stock                                                                         (25,000)        (25,000)
                                                                                   ------------    ------------
   Total Stockholders' Equity                                                         2,495,939       2,542,429
                                                                                   ------------    ------------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                         $  2,657,812    $  2,686,247
                                                                                   ============    ============

</TABLE>

                                       3
<PAGE>

<TABLE>
<CAPTION>
                     SUMMIT ENVIRONMENTAL CORPORATION, INC.
                          (A Development Stage Company)
                            STATEMENTS OF OPERATIONS
                                   (Unaudited)

                                                         THREE MONTHS ENDED
                                                              MARCH 31             PERIOD FROM
                                                              --------           AUGUST 14, 1997 TO
                                                        2004           2003        MARCH 31, 2004
                                                    ------------    ------------    ------------

<S>                                                       <C>       <C>             <C>
SALES                                                     42,028    $     42,681    $    929,283

COST OF SALES                                             17,693          16,981         732,269
                                                    ------------    ------------    ------------

GROSS PROFIT                                              24,335          25,700         197,014
                                                    ------------    ------------    ------------

OPERATION EXPENSES
    Selling, general, and administrative expenses        162,354         156,083       5,453,404
    Amortization                                          40,584          40,853         891,508
    Depreciation                                           2,805           2,805          69,642
                                                    ------------    ------------    ------------
      Total operating expense                            205,743         199,741       6,414,554
                                                    ------------    ------------    ------------

NET EARNINGS (LOSS) FROM OPERATIONS                     (181,408)       (174,041)     (6,217,540)

OTHER INCOME
    Interest income                                           73             576          61,786
    Interest expense                                        (691)                        (17,092)
    Royalty income                                            --             652              --
    Gain/Loss on Sale of Asset                                --              --          (2,753)
    Miscellaneous                                         (2,089)             --          31,198
                                                    ------------    ------------    ------------
      Total other income (expense)                        (2,707)          1,228          73,139
                                                    ------------    ------------    ------------

NET LOSS BEFORE CUMULATIVE EFFECT OF THE
CHANGE IN ACCOUNTING PRINCIPLE                          (184,115)       (172,813)     (6,144,401)
                                                    ------------    ------------    ------------

Cumulative effect on prior years of the change
in accounting principle, net of tax                           --              --        (119,594)
                                                    ------------    ------------    ------------

NET LOSS                                            $   (184,115)   $   (172,813)   $ (6,263,995)
                                                    ============    ============    ============

NET LOSS PER SHARE BEFORE CUMULATIVE
EFFECT OF THE CHANGE IN ACCOUNTING PRINCIPLE               (0.01)   $      (0.01)   $      (0.55)
                                                    ------------    ------------    ------------

Cumulative effect on prior years of the change in
accounting principle                                          --              --           (0.01)

NET EARNINGS (LOSS) PER SHARE                       $      (0.01)   $      (0.01)   $      (0.56)
                                                    ============    ============    ============

WEIGHTED AVERAGE SHARES                               18,222,157      15,859,778      11,080,232

</TABLE>

                                       4
<PAGE>

<TABLE>
<CAPTION>
                     SUMMIT ENVIRONMENTAL CORPORATION, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)

                                                                                   THREE MONTHS ENDED
                                                                                         MARCH 31             PERIOD FROM
                                                                                 ------------------------  AUGUST 14, 1997 TO
                                                                                   2004            2003      MARCH 31, 2004
                                                                                -----------    -----------    -----------
CASH FLOWS FROM OPERATING ACTIVITIES

<S>                                                                             <C>            <C>            <C>
Net loss                                                                        $  (184,115)   $  (172,813)   $(6,263,995)
Adjustments to reconcile net earnings (loss) to cash
used in operating activities
  Amortization                                                                       40,584         40,853        891,508
  Bad debt expense                                                                       --        200,778
  Provision for inventory losses                                                    364,485
  Cumulative effect of change in accounting principle                                    --        119,594
  Depreciation                                                                        2,805          2,805         69,642
  Gain (loss) on sale of assets                                                          --          2,753
  Recission of Lady Burd asset purchase agreement                                    50,000
  Common stock issued for services                                                    9,625          4,800        478,699
  Change in assets and liabilities
    Accounts receivable                                                             (25,652)         6,654       (271,609)
    Note receivable                                                                      --             --
    Inventory                                                                       (34,267)         4,206       (702,891)
    Prepaid expenses and deposits                                                     7,142             --       (492,368)
    Accounts payable                                                                 17,417          5,650         89,147
    Accrued liabilities                                                                 638           (243)        33,226
                                                                                -----------    -----------    -----------
      Net cash used in operating activities                                        (165,823)      (108,088)    (5,431,031)
                                                                                -----------    -----------    -----------

CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of property and equipment                                                  (117)          (874)       (86,838)
Organization costs                                                                       --       (129,291)
Acquisition of licenses/patents                                                          --       (110,000)
Proceeds from sale of equipment                                                          --             --         47,440
                                                                                -----------    -----------    -----------
      Net cash used in investing activities                                            (117)          (874)      (278,689)
                                                                                -----------    -----------    -----------

CASH FLOWS FROM FINANCING ACTIVITIES
Loan proceeds                                                                            --         46,054
Loan principal repayments                                                                --        (66,990)
Loan principal repayments - related party                                                --       (134,265)
Proceeds from sale of stock                                                         128,000         40,000      5,941,035
                                                                                -----------    -----------    -----------
      Net cash provided by financing activities                                     128,000         40,000      5,785,834
                                                                                -----------    -----------    -----------

NET INCREASE (DECREASE) IN CASH                                                     (37,940)       (68,962)        76,114


Cash - Beginning of Period                                                          114,054        195,762             --
                                                                                -----------    -----------    -----------

Cash - End of Period                                                                 76,114    $   126,800    $    76,114
                                                                                ===========    ===========    -----------

SUPPLEMENTAL CASH FLOW INFORMATION
 Noncash investing and financing activities
  Issuance of 360,000 shares of common stock at
    $0.32 per share for marketing rights                                                       $   115,200    $   115,200

</TABLE>

                                       5
<PAGE>

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

The balance sheet of Summit Environmental Corporation,  Inc. (the "company"), at
December 31, 2003 has been taken from the company's audited financial statements
at that date.  The balance sheet at March 31, 2004,  the statement of operations
for the three  months  ended March 31, 2004 and the three months ended March 31,
2003 and the period from August 14, 1997,  to March 31, 2004,  and the statement
of cash flows for the three  months  ended March 31,  2004 and the three  months
ended  March 31, 2003 and the period from August 14, 1997 to March 31, 2004 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. 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  markets  fire  suppression  materials,  environmentally  safe
      cleaning chemicals, and natural, botanical cosmetic 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 financial  institutions  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.


                                       6
<PAGE>

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

      Accounts Receivable

      The Company  records  accounts  receivable at net realizable  value.  This
      value  includes  an  appropriate  allowance  for  estimated  uncollectible
      accounts  to  reflect  any loss  anticipated  on the  accounts  receivable
      balances and charged to the provision for doubtful  accounts.  The Company
      calculates this allowance based on historical of write-offs, level of past
      due accounts and relationships with and economic status of the customers.

      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 and licenses costs are recorded at cost.  Amortization is computed
      on the straight-line  method over the identifiable lives of the patent and
      licenses.

      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.

                                       7
<PAGE>

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

      Property and Equipment (Continued)

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

      Description                                     Estimated Service Life
      -----------                                     ----------------------

      Office furniture and equipment                      5-7 years
      Leasehold improvements                                4 years

      Advertising and Marketing

      Advertising and marketing costs are expensed as incurred, which totaled
      $2,419 and $2,275 for the first quarters of 2004 and 2003, respectively.

      Use of Estimates

      The  preparation  of financial  statements in conformity  with  accounting
      principles  generally  accepted in the United  States of America  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.

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  required cash payments of $500,000 and 875,000  shares of common
      stock of the company to be issued and delivered to BioGenesis Enterprises,
      Inc.

3.    LICENSES

      Licenses for  exclusive  marketing  rights to various  products  have been
      acquired for fees totaling  $60,000 from a related  party.  The company is
      the manufacturer/supplier of the products.

                                       8
<PAGE>

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

      Worldwide   exclusive   marketing  rights  to  BioRemediation   Technology
      developed  by Mohsen.  C.  Amiran,  Ph.D.  were  acquired for stock in the
      amount of 360,000 shares and 180,000 warrants  exercisable at $1 per share
      during the first quarter of 2003.

4.    LEASES

      The company is obligated  under various  operating  leases for  equipment,
      vehicles,  and office and warehouse space.  Rent expense for all operating
      leases was $17,456  and  $15,657 for the first  quarters of 2004 and 2003,
      respectively.

5.    COMMON STOCK

      Private Placement

      During the first quarter of 2004, 640,000 shares of common stock were sold
      in a private  placement at $0.20 per share.  Subsequent to March 31, 2004,
      the company  sold  615,000  shares of common stock at $0.20 per share in a
      private  placement and 1,000,000 shares of common stock at $0.50 per share
      in a private placement.

      Common Stock Options

      The sole  director  and  stockholders  approved 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.

      In February  2004,  the board of  directors  adopted the 2004 Stock Option
      Plan. The number of shares subject to the 2004 Plan is 1,000,000.

      At March 31, 2004, there were 495,000 options to purchase shares of common
      stock outstanding pursuant to the Plan.

      Warrants

      During 2003 and 2002, the Company issued  warrants to acquire  802,000 and
      1,003,000  shares  of  common  stock,  respectively,  for  $0.25 per share
      through  June 11, 2004 in  connection  with private  placement  offerings.
      There are  2,256,500  warrants  outstanding  at December 31, 2003,  all of
      which are  exercisable  at $0.25 per share.  During  the first  quarter of
      2004,  warrants were issued to acquire  640,000 shares of common stock for
      $0.50 per share  through  January  30, 2005 in  connection  with a private
      placement  offering.  Subsequent  to March 31,  2004,  the company  issued
      1,000,000 warrants to purchase shares at $1.00 per share,  expiring May 7,
      2005.

                                       9
<PAGE>

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

6.    RELATED PARTY TRANSACTIONS

      The  following  transactions  occurred  between  the  company  and related
      parties:

      The  company   acquired  a  patent  from  BioGenesis   Enterprises,   Inc.
      (BioGenesis)  on  November  2, 1998 (see Note 2). The  purchase  agreement
      requires  the  company to pay  BioGenesis  a periodic  royalty of $.50 per
      16-oz.  can of FirePower  911(TM),  $0.35 per 1 Liter can of FirePower(TM)
      (formerly  FirePower  911(TM)) and a negotiated  percentage on large batch
      orders of  FirePower(TM).  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 $511,859
      as of both December 31, 2003 and March 31, 2004.

7.    CONCENTRATIONS

      Approximately  60 percent  of the sales in the first  quarter of 2004 were
      made to three  customers  and 60 percent of the sales in the first quarter
      of 2003 were made to three different customers.

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

9.    AGREEMENTS

      On February 6, 2002, Summit executed a Distribution  Agreement with 614575
      Alberta Limited of Calgary,  Alberta, Canada. Alberta Limited manufactures
      a series of home fire extinguishing  systems which feature  FlameOut(R) as
      part of each system.  614575 has changed  their trade name to Just-in Case
      Fire Limited. Summit and Just-in Case Fire executed a bi-lateral exclusive
      agreement during the second quarter of 2002. The company sells FlameOut(R)
      to Just-in  Case Fire  exclusively  for their  mobile  fire  extinguishing
      systems.  The company  will receive a royalty on the sale of each unit for
      the granting of said exclusivity.

                                       10
<PAGE>

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

      In  late  January  2004,   Summit   finalized  an  agreement  with  BioCoP
      International  B.V. for a blending facility in The Netherlands.  This will
      allow for BioCoP to begin  blending  completed  (finished)  products  from
      chemical  concentrates  that  Summit  will  sell to  BioCoP.  The  line of
      products will range from  industrial  or  commercial  products to consumer
      oriented  products.  In  addition to the  blending  of  finished  chemical
      products,  BioCoP will begin  production of an aerosol  product similar to
      FirePower(TM).  In establishing  the blending  facilities,  Summit will be
      paid royalties on all manufactured and produced goods. In addition, Summit
      will  be  a  25%  partner  in  the  Summit   Products'  sector  of  BioCoP
      International  B.V.  During  December 2003 and January  2004,  BioCoP made
      their initial  presentations to contacts in The  Netherlands,  Germany and
      the Czech Republic.  The scope of the entire agreement  includes marketing
      in over fifty countries in Europe and Asia.

      On April 5, 2004,  Summit  executed a marketing  services  agreement  with
      AMBIZ  Associates,  LLC,  a  company  that  provides  marketing  and other
      services to client companies.  AMBIZ,  operating as an outsource sales and
      marketing team, will assist Summit with developing  marketing  channels in
      mass  retail,  military  and  commercial  aviation  and with  governmental
      agencies, for Summit's patented fire suppressant technology.


                                       11
<PAGE>

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 - FIRST QUARTER OF 2004 COMPARED TO FIRST QUARTER OF 2003

      Summit  Environmental's gross receipts for Q1 2004 were $42,028 sales down
3% from $43,333  ($42,681 sales and $652 royalties) in Q1 2003. The gross margin
for sales in Q1 2004 was 58%  compared  to 60% for Q1 2003.  There is no cost of
sales applied to the royalties.

      Operating expenses increased 3% for Q1 2004 compared to Q1 2003. Operating
expenses increased by $6,002 from $199,741 in Q1 2003 to $205,743 in Q1 2004.

      Amortization  and  depreciation  were $43,389 in Q1 2004 and $43,658 in Q1
2003.

      Summit  had a net loss of  $184,115  in Q1  2004,  up from the net loss of
$172,813 in Q1 2003.

      Management attributes these changes to the following:

                   Marketing expense from $2,275 to $2,419
                   Travel and entertainment from $3,929 to $4,853
                   Office expenses from $2,164 to $2,548
                   Web-site expenses from $686 to $750
                   Trade shows from $150 to $1,031

OVERVIEW

      During the first quarter of 2004,  several of our markets for  FlameOut(R)
continued to develop.  Key to this process was the listing of FlameOut(R) on the
QPL  5100-307  on  May 5,  2003  by  the  United  States  Forestry  Service  for
application in the fighting of wildfires after 32 months of testing. The listing
for FlameOut(R) gives the firefighting  industry a product with the capabilities
to fight all types of fires using  FlameOut(R) more efficiently and economically
than  with any  other  product  while  accomplishing  these  tasks in a  totally
environmentally risk-free environment.

      During 2003,  FlameOut(R)  was used in forest and wildland fires in Canada
and  the  United  States.  In  addition  to  fighting  fires,   FlameOut(R)  was
successfully used on residential  housing and restored  historical sites for the
purpose of protecting the structures and keeping them from burning. The Canadian
initiatives were led by Just-In Case Fire, Ltd. of Calgary,  Alberta,  with whom
we have a distribution agreement.


                                       12
<PAGE>

      Just-In Case Fire manufactures the Fire Caddy(TM),  a portable mobile fire
extinguishing  system  built  on  the  concept  of a  physical  appearance  of a
two-wheeled  freight  dolly.  We  executed  a  bi-lateral   exclusive  marketing
agreement  with Just-In Case in 2002.  The agreement  sets out that Just-In Case
manufactures  their system  exclusively with FlameOut(R) while Summit agrees not
to sell  FlameOut(R)  to mobile  systems like the Fire  Caddy(TM).  Just-In Case
compensates  us for their  exclusive  arrangement  with  royalties  on each Fire
Caddy(TM) unit.

      In December  2003,  our dealer in New Zealand used a Fire  Caddy(TM)  with
FlameOut(R) to extinguish a  13.5-foot-tall  tire on a mining truck which was on
fire. This extraordinary  accomplishment  opened the doors of communications and
negotiations  between  Just-In Case Fire and BHP Mining of Australia.  Continued
negotiations  have  resulted in the  notification  to Just-In Case Fire that BHP
Mining has made the  decision to equip all of their  trucks and  equipment  with
FlameOut(R)  and the Fire  Caddy(TM).  BHP has 153  mines in  Australia  and New
Zealand. The information received by Summit from Just-In Case Fire is the supply
contract of 500 tons of FlameOut(R) or 135,000  gallons.  The resulting sales to
us will amount to approximately  $1,500,000.  First shipments are anticipated to
begin in May, 2004.

      In August 2003, we executed a master  distribution  agreement with Western
Fire Inc. of Casa Grande,  Arizona for the purpose of marketing  FlameOut(R)  to
the various state and federal  forestry  services.  Western has its own fleet of
specialty  equipment  trucks that get called into action by the various incident
commanders in the event of a wildfire.  In September  2003,  Western  introduced
Summit to its customer,  Evergreen  International  Aviation.  We were invited to
participate  in  a  new  project,  a  field  testing  program  to  determine  if
FlameOut(R)  would be compatible in a new delivery system  utilizing a converted
Boeing 747 aircraft.  It is. This aircraft  utilizes a large compressed air foam
system carrying 24,000 gallons of FlameOut(R) within its payload.  The Evergreen
Super  Tanker is capable of  dispensing  a single foam blanket 100 feet wide for
25,000 feet or  segmented  drops if needed.  FlameOut(R)  is the only  non-toxic
product approved by the United States Forestry Service.  A demonstration drop of
FlameOut(R)  from the  Supertanker can be viewed by going to the Summit website,
www.summitenvironmental.com.  From the homepage, click on "Links" and then click
"Evergreen" from the links page.

      On April 23, 2004,  we went to the testing  facility for the  Supertanker,
accompanied by former United States Air Force Chief of Staff, General Mike Ryan.
The purpose for our trip was to begin forming a mutual  alliance with  Evergreen
which was achieved.

      Our first chemical blending facility  agreement was negotiated in November
2003 with BioCoP  International  B.V.  in the  Netherlands.  In March 2003,  our
customer  FireDam in Poland began making the transition to be supplied  products
for Europe from BioCoP. Tecno Supplies in Norway will be introduced to BioCoP as
soon as aerosol  capabilities  for filling one liter cans can be  achieved.  Dr.
Amiran  traveled  to Italy and The  Netherlands  the  first  week of May 2004 to
establish the chemical  concentrate facility for our base chemicals in Italy. In
Amsterdam, he inspected blending facilities in order to satisfy our requirements
for beginning the blending of FlameOut(R) in Europe.

      During  the  first  week of March  2004,  we  attended  the  International
Association of Fire Chief's  Wildland/Wildfire  Conference in Reno,  Nevada. Our
product was showcased by two of our  distributors  at separate  locations in the
Exhibits Hall.


                                       13
<PAGE>

      Just-In Case Fire of Calgary,  Alberta  operated out of the Summit exhibit
space  showcasing  Fire  Caddy(TM),  the  new  DC  Caddy(TM),   Hose  Caddy(TM),
FirePower(TM)  and  FlameOut(R)  concentrate.  Just-In Case Fire was assisted in
their presentations by several members of the Canadian Forestry Service, who had
actual experience using FlameOut(R) during the end of the fire season of 2003.

      Western Fire, our wildland/wildfire  distributor in Arizona represented us
and exhibited FlameOut(R) in their booth with Darley Pumps. Darley Pumps Company
is the largest manufacturer of pumps for firefighting equipment in the world. As
a result of Western Fire's  experience  with compressed air foam systems and the
introduction of FlameOut(R) into those systems, we began the initial discussions
with Darley Pumps for the purpose of private labeling FlameOut(R) for them.

      Several members of AmBiz Associates  accompanied Keith Parker, our CEO, to
the conference in order to get a perspective  of  FlameOut(R)  and its potential
impact within the Wildland/Wildfire arena.

      In the last quarter of 2002, we began marketing FlameOut(R) to the logging
industry.  This  venue  was  initiated  when we  were  contacted  by  Bituminous
Insurance Company, the oldest and largest underwriter of fire insurance coverage
for equipment used in the logging industry.  With insured equipment ranging from
$275,000  to  $650,000,  Bituminous  took  the  position  that  a  product  like
FlameOut(R) would have to be present in extinguishers on insured  equipment,  or
face a non-renewal  status.  For new equipment,  the same  requirement  would be
required for binding of coverage.  We expanded the sale of  FlameOut(R) to these
customers from five gallon  containers of  FlameOut(R)  concentrate to include 2
1/2 gallon and 6 liter extinguishers and brackets to mount the extinguishers. We
began to package topper bottles (pre-measured bottles of FlameOut(R)) to be used
to complete the fill of extinguishers  out on the logging line.  During 2003, we
added  endorsements  from  Santee  Insurance  Company  and Lloyd's of London for
marketing  FlameOut(R) to their insureds.  These companies now discount premiums
from 15% to 25% when  FlameOut(R)  is installed on their insured  equipment.  We
provide  marketing  materials  to  the  senior  underwriters  of  the  insurance
companies.  They hold regional  marketing meetings and disburse the materials to
their field agents. The marketing directly of our products to a logging customer
is handled  mostly  through  the  logger's  insurance  agent or local  equipment
suppliers  we have set up as dealers.  In April 2004,  we attended  the Arkansas
Timber Producers Association meeting held on the grounds of International Paper.
We demonstrated  extinguishing  fires (tire,  diesel fuel, and hydraulic  fluid)
with the equipment which is currently recommended to the operators by Bituminous
Insurance.  We also introduced the Fire Caddy DC(TM),  powered by a rechargeable
battery and the Hose  Caddy(TM).  We also  demonstrated  the new  FirePower(TM),
which had been introduced on QVC on April 3, 2004.

      Due to very stiff  regulatory  guidelines  with  regards to portable  fire
extinguishers,  the approval of our aerosol can fire  extinguisher  prompted our
competitors  to create a myriad of road  blocks,  attempting  to prevent us from
competing in some of our target venues.  One of our initial venues was to market
FirePower (TM) on QVC. In order to complete this targeted goal, we  accomplished
the following:

o     Completed  the NFPA 10  certification  tests  for both  chemical  contents
      (ANSI/UL 711) and the container (ANSI/UL 8).


                                       14
<PAGE>

o     Obtained a validated listing number from Applied Research Laboratories for
      listing FirePower(TM) as a legally tested, certified, and insured product.

o     Completed Quality Assurance at QVC.

o     Secured programming approval at QVC.

o     Obtained  certification  confirmation  from United  Parcel  Service on the
      shipping classification for FirePower(TM) as "aerosol non-flammable". This
      allows  FirePower(TM)  to be  shipped  as any  other  product  and  not as
      hazardous  material

o     Secured the  confirmation  letter  from the United  States  Department  of
      Transportation  confirming  FirePower(TM)  for  shipping  as  ORM-D.  This
      confirmation  eliminates additional shipping issues created about aerosols
      in the aftermath of September 11, 2001.

o     Obtained the right for George Foreman to be the national  spokesperson for
      FirePower(TM)  when retail  "roll-out"  of the product would become viable
      after initial branding on QVC.

      We began airing on QVC on April 3, 2004. The successful  demonstration has
paved the way for  FirePower(TM)  being featured on the QVC June Fire Prevention
Show (first of June, 2004).

      OUTLOOK

      The  statements  made in this  Outlook  are  based on  current  plans  and
expectations.  These statements are forward looking, and actual results may vary
considerably from those that are planned.

      In February 2004 we executed an Advisory Services  Agreement with American
Business  Associates  (AmBiz).  AmBiz  will  assist us with  introductions  into
military, homeland security and emergency management venues, with retailing some
of our products and with development and financing for future special  projects.
More about AmBiz can be found at www.americanbusinessassociates.com. As of April
2004, AmBiz has become active in our projects with Evergreen  Aviation,  and the
United  States  Air Force for our  FlameOut(R)  Foam  (AFFF  Replacement),  with
Ultimate  Clean  668(TM) and our military  specification  certification  for jet
engines.

      Our  FlameOut(R)  was  used in  some of the  fighting  of  wild  fires  in
California, Arizona, and Canada during 2003. We anticipate much more activity in
2004, as our approval by the U.S.  Forestry  Service  occurred in May 2003 after
most of the fire suppressants had been bought for the 2003 fire fighting season.
In the  fourth  quarter  of 2003,  President  Bush  signed  the  Healthy  Forest
Initiative.  We  immediately  met with our US  Congressman  for the  purpose  of
presenting  FlameOut(R)  as the answer to the problems  which have occurred from
"pre  burns".  It is a given  that one will get out of  control.  It is just not
known where.  Our lobbying  efforts  focus on the  non-toxic  and  biodegradable
benefits of  FlameOut(R),  as a politically  popular  answer for the solution of
these issues when they occur.

      Western Fire, our  distributor in Casa Grande,  Arizona,  has been holding
training  classes for  wildland  fire  fighting  crews in  Arizona,  New Mexico,
Colorado,  California and Nevada for the purpose of teaching fire fighting crews
how to use  FlameOut(R)  in the fighting of wildfires.  New  compressed air foam
systems are now being  introduced  as fire  fighting  equipment.  These  systems
display  properties  of  FlameOut(R)  that were unknown  until  FlameOut(R)  was
introduced through these types of systems.  Western is the licensed  procurement
office for  several  large  municipal  fire  departments,  even as far away from
Arizona as the District of Columbia.  Western  Fire's  projections  to us are to
move between 60,000 and 80,000 gallons of FlameOut(R) during 2004.


                                       15
<PAGE>

      On April 22, 2004, Western Fire was dispatched for its first brush fire of
the season.  A twenty-acre  brush fire was reported at the Picacho  Reservoir in
Pinal County,  which  reservoir has been a dry lake for a number of years due to
the prolonged  drought in the southwest.  Western Fire sent crews and Type 3 and
Type 6 compressed air foam (CAF) engines loaded with  FlameOut(R)  fire fighting
foam.  Initial attack began early that evening using FlameOut(R) as a wetline to
flank the advancing brush fire.  Because of  FlameOut(R)'s  unique ability to be
used as retardant,  the fire could not advance through the  FlameOut(R)  wetline
and was contained to a brush fire allowing Western Fire wildland firefighters to
begin mop up operations.  The fire was in heavy brush and mesquite trees.  Again
FlameOut(R) worked beyond everyones expectations, especially in keeping the fire
contained instead of becoming a wildfire, and in putting out stumps' underground
root system  fires that kept the crews  working all night.  By morning the brush
fire was completely out with no reported rekindling.

      Earlier the next  afternoon  Western Fire was  dispatched for a mutual aid
call  for  Northern  Pinal  Fire  department  for a  possible  brush  fire in an
unincorporated area of Pinal county. Once on scene, it was found to be a 40 foot
cargo  container on fire on a homeowner's  property in an urban  interface area.
The homeowner had been welding on the metal cargo  container  setting off a fire
inside filled with Class A materials. The fire was burning so hot that paint was
melting on the outside.  Again FlameOut(R) was deployed from a Western Fire Type
6 CAF engine to easily cool the outside of the container and then within minutes
extinguished  the contents  inside the cargo  container.  The  combination  of a
compressed  air foam  system and unique  abilities  of  FlameOut(R)  foam easily
mitigated the fire with minimal  water damage.  In early May 2004, we were asked
to furnish warehousing  locations and central phone numbers by the United States
Forestry  Service.  Also, we were asked to supply a potential  list of customers
who have  been  exposed  to  FlameOut(R).  These  exposures  effects  have  been
completed by Western Fire and Just-In Case Fire and represent over 235 companies
and wildland fire fighting  agencies and  departments.  Further  locations  were
provided for fires where  FlameOut(R)  has been used including and since The Old
Fire in California in November 2003.

      Just-In Case Fire introduced its Hose Caddy(TM)  during the fourth quarter
of 2003.  This device  connects to the end of a garden hose.  It is similar to a
garden  fertilizer/insecticide  sprayer. The unit comes filled with 32 ounces of
FlameOut(R). Major retail marketing began in Canada at a spring garden show held
in January and February 2004.

      In January 2004,  Just-In Case Fire introduced its FireCaddy DC(TM).  This
is a  portable  fire  extinguishing  system  in a tool  box.  Just-In  Case  has
confirmation  letters for the purchase of 4,500 DC Caddy units. One confirmation
letter is for 2000 DC units from State Farm Insurance.  The addition of the Hose
Caddy(TM)  and the DC  Caddy(TM)  to Just-In  Case Fire's  line of products  now
provides three fire extinguishing  systems exclusively  containing  FlameOut(R).
Each of  these  units  provides  a  royalty  payable  to  Summit  on  each  unit
manufactured  when sold.  Just-In Case Fire started the  production of the first
2000 Fire Caddy DC(TM) units for State Farm Insurance in April 2004.  These 2000
units require 5000 gallons of FlameOut(R) for the completed product.

      Through one of the  associates of AmBiz,  we will be  presenting  the Fire
Caddy DC(TM) and the Hose  Caddy(TM),  along with the original  Fire  Caddy(TM),
FlameOut(R) and FirePower(TM) to representatives of USAA Insurance in May 2004.


                                       16
<PAGE>

      During the first week of March 2004,  members of AmBiz  accompanied  us to
the IAFC Wildland/Wildfire  Conference in Reno, Nevada. During April 2004, AmBiz
partner,  General Mike Ryan (retired  United States Air Force,  Chief of Staff -
September 2003) attended a demonstration  drop of FlameOut(R) from the Evergreen
747 Supertanker,  dispersing 10,000 gallons of FlameOut(R) mixed with water at a
6% solution. Weather computers were strategically stationed in areas of the drop
path. They  registered  significant  decreases in temperature,  heat indexes and
barometric pressure, with increasing humidity, surface wind speed and dew point.
We are planning a joint presentation to the U.S.  Department of the Interior and
the U.S.  Forestry Service  featuring the life saving,  property  saving,  quick
response and  environmental  advantages from dispersing  FlameOut(R)  over large
areas  of  wild  fires  from  the  Supertanker.  We  will  be  focusing  on  the
capabilities  of  FlameOut(R)  to build fire breaks,  prevent toxic  exposure to
firefighters and the environment along with structure protection.

      Just-In Case  estimates  that it can sell 100,000  Caddy units during 2004
and 2005.  This would provide sales of 250,000 to 500,000 gallons of FlameOut(R)
depending on the breakdown of each of the Fire Caddy Products.

      During the period March 3-5, 2004 our involvement with Evergreen Aviation,
through our  distributor  Western  Fire,  was  introduced  to the fire  fighting
community at the NFPA Wildland Wildfire  Conference in Reno,  Nevada.  Evergreen
has equipped a SuperTanker (a converted 747) with a large,  compressed air, foam
system.  This system can disperse 24,000 gallons of FlameOut(R) mixed with water
along a path of foam 100 feet wide for 25,000 feet in a continuous  drop - or in
segmented drops, if necessary.  The largest aerial application  currently in use
in the industry is capable of one continuous drop for only 2,080 feet.

      The  Evergreen  Aviation   SuperTanker  will  also  be  used  to  disperse
remediation  products on oil spills. We own the exclusive  marketing rights to a
remediation technology obtained from Dr. Mohsen Amiran in 2003. While all of our
successful  testing has been  centered on  FlameOut(R)  in the  SuperTanker  CAF
system, our remediation product is planned for usage on oil spills. During April
2004, three demonstration  drops were conducted with the Supertanker.  Each drop
consisted of 10,000 gallons of  water/FlameOut(R)  mix (6%  FlameOut(R)) for the
purpose of showing how FlameOut(R)  will blanket and cover the areas targeted by
the Supertanker.  The drops revealed a complete saturation of all vegetation and
penetration  of the canopy to completely  cover the ground.  During the drops, a
significant decrease in temperature was recorded on weather computers. At one of
the  demonstrations,  over 50 people  representing  the United  States  Forestry
Service, Bureau of Land Management,  Arizona State Fire, Aire Tanker Operations,
and Hazardous Materials  Departments were present. We are beginning an interface
phase with  FlameOut(R)  where the  attributes of the products fire fighting and
environmental  capabilities are being introduced into many various methodologies
of wildland fire fighting.

      We project  logging-related  sales in excess of $150,000 for 2004. In 2003
we  established  logging-related  dealers  in  Texas,  Louisiana,   Mississippi,
Alabama,  Georgia,  South  Carolina,  North Carolina,  Virginia,  West Virginia,
Wisconsin  and  Minnesota.  During  the  first  week  of May,  we  will  present
FlameOut(R) and the Fire Caddy(TM) system to the Forest Resource  Association at
a joint outdoor logging show to be held on the property of  International  Paper
Company in Arkansas.  Specially  established control burns using FlameOut(R) and
Fire Caddy(TM) systems have been approved in order to enhance our presentations.


                                       17
<PAGE>

      On April 3, 2004,  FirePower was  introduced for the first time on QVC. We
performed live, on-air  demonstrations of FirePower(TM)'s  amazing capabilities.
FirePower(TM)  has been approved for  programming as "Today's  Special Value" in
long  term  planning.  This  type  of  promotion  involves  conducting  8 to  10
appearances in a 24-hour period.

      The next airing of  FirePower(TM)  will be the first of June 2004,  during
QVC's fire  prevention  show.  We have  submitted  artwork and packaging to Home
Shopping  Network for the airing of  FirePower(TM).  On May 5, 2004, we met with
representatives of Live Shop TV for the proposal of negotiating an agreement for
using FirePower(TM), the Hose Caddy(TM) and Fire Caddy(TM) on a TV infomercial.

      FirePower(TM)  has been  preliminarily  approved  for  inclusion in the WW
Grainger  "red  catalog" for 2005 that goes to press in May 2004.  We anticipate
the first  order for  product  late in the third  quarter or early in the fourth
quarter 2004.

Cosmetics

      We have two products at QVC under review for quality assurance - "Beach in
the Bag,"  featuring our Pannache  Sunless  Tanner,  and the  "Pampering  Pail,"
featuring sugar scrubs and exfoliators for the feet and elbows.  We will soon be
submitting a new product package to QVC each month.

      Our future results of operations and the other forward-looking  statements
contained in this Outlook involve a number of risks and uncertainties. Among the
factors that could cause actual results to differ  materially are the following:
the  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 our fire  suppressant  or is able to discover  the
additives  to our  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.


                                       18
<PAGE>

ITEM 3.  CONTROLS AND PROCEDURES

      Evaluation of disclosure controls and procedures. We maintain controls and
procedures designed to ensure that information  required to be disclosed in this
report is recorded,  processed,  accumulated and communicated to our management,
including our chief executive officer and our chief financial officer,  to allow
timely decisions regarding the required disclosure.  Within the 90 days prior to
the filing date of this report,  our management,  with the  participation of our
chief executive officer and chief financial  officer,  carried out an evaluation
of the  effectiveness of the design and operation of these  disclosure  controls
and  procedures.  Our  chief  executive  officer  and  chief  financial  officer
concluded,  as of fifteen  days prior to the filing  date of this  report,  that
these disclosure controls and procedures are effective.

      Changes  in  internal  controls.  Subsequent  to the  date  of  the  above
evaluation,  we made no significant changes in our internal controls or in other
factors  that could  significantly  affect these  controls,  nor did we take any
corrective  action,  as the evaluation  revealed no significant  deficiencies or
material weaknesses.

ITEM 6.           EXHIBITS AND REPORTS ON FORM 8-K

(A)   EXHIBITS

      The following  exhibits are filed, by incorporation by reference,  as part
of this Form 10-QSB:

2.1   -     Agreement of Merger of July 14, 1998,  between Summit  Environmental
            Corporation, Inc. and Summit Technologies, Inc.**

3.1   -     Articles of Incorporation of Summit Environmental Corporation, Inc.*

3.1.1 -     Amendment  to  Articles  of  Incorporation  of Summit  Environmental
            Corporation, Inc.**

3.2   -     Bylaws of Summit Environmental Corporation, Inc.*

10.1  -     1998 Stock Option Plan adopted by Summit Environmental  Corporation,
            Inc.*

10.3  -     Limited Exclusive Marketing Bilateral Agreement Between Moonlighting
            Distribution  Corporation-USA and Summit  Technologies,  Inc. (Poder
            Sexual, Ultimate Stressex and/or Poder 24)*

10.4  -     Limited  Exclusive  Marketing  Bilateral  Agreement  among B.  Keith
            Parker,  individually  and as  Chairman  of  the  Board  and  CEO of
            Moonlighting   Distribution   Corporation-USA,   d/b/a  Moonlighting
            International,  and Summit Technologies,  Inc. (FireKare,  FIREPOWER
            911(TM), Super Cold Fire, and FLAME OUT(R))*

10.6  -     Exclusive  Marketing   Bilateral   Agreement  between   Moonlighting
            Distribution   Corporation-USA   and   Summit   Technologies,   Inc.
            (Trim-Away)**

10.7  -     November  2,  1998  Amendment  to April  27,  1998  Letter of Intent
            between BioGenesis Enterprises, Inc. and Summit Technologies,  Inc.,
            and April 27, 1998 Letter of Intent.***


                                       19
<PAGE>

10.8  -     2004 Stock Option Plan adopted by Summit Environmental  Corporation,
            Inc.+

31    -     Certification  of Chief  Executive  Officer  pursuant  to 18  U.S.C.
            Section   1350,   as  adopted   pursuant   to  Section  302  of  the
            Sarbanes-Oxley Act of 2002.

31.1  -     Certification  of Chief  Financial  Officer  pursuant  to 18  U.S.C.
            Section   1350,   as  adopted   pursuant   to  Section  302  of  the
            Sarbanes-Oxley Act of 2002.

32    -     Certification  of Chief  Executive  Officer  pursuant  to 18  U.S.C.
            Section   1350,   as  adopted   pursuant   to  Section  906  of  the
            Sarbanes-Oxley Act of 2002.

32.1  -     Certification  of Chief  Financial  Officer  pursuant  to 18  U.S.C.
            Section   1350,   as  adopted   pursuant   to  Section  906  of  the
            Sarbanes-Oxley Act of 2002.


*     Previously   filed  with  Form  SB-2;   Commission   File  No.   333-48675
      incorporated herein.
**    Previously  filed with Amendment No. 1 to Form SB-2;  Commission  File No.
      333-48675 incorporated herein.
***   Previously  filed with Amendment No. 5 to Form SB-2;  Commission  File No.
      333-48675 incorporated herein.
+     Previously filed with Form 10-KSB 12-31-03;  Commission File No. 333-48675
      incorporated herein.

(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:  May 14, 2004
                                 Summit Environmental Corporation, Inc.

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


                                       20
<PAGE>

                     SUMMIT ENVIRONMENTAL CORPORATION, INC.
                          Commission File No. 333-48659

                                  EXHIBIT INDEX

                                   FORM 10-QSB
                        FOR THE YEAR ENDED MARCH 31, 2004

      The following  exhibits are filed, by incorporation by reference,  as part
of this Form 10-QSB:

Exhibit No.                                          Description

2.1   -     Agreement of Merger of July 14, 1998,  between Summit  Environmental
            Corporation, Inc. and Summit Technologies, Inc.**

3.1   -     Articles of Incorporation of Summit Environmental Corporation, Inc.*

3.1.1 -     Amendment  to  Articles  of  Incorporation  of Summit  Environmental
            Corporation, Inc.**

3.2   -     Bylaws of Summit Environmental Corporation, Inc.*

10.1  -     1998 Stock Option Plan adopted by Summit Environmental  Corporation,
            Inc.*

10.3  -     Limited Exclusive Marketing Bilateral Agreement Between Moonlighting
            Distribution  Corporation-USA and Summit  Technologies,  Inc. (Poder
            Sexual, Ultimate Stressex and/or Poder 24)*

10.4  -     Limited  Exclusive  Marketing  Bilateral  Agreement  among B.  Keith
            Parker,  individually  and as  Chairman  of  the  Board  and  CEO of
            Moonlighting   Distribution   Corporation-USA,   d/b/a  Moonlighting
            International,  and Summit Technologies,  Inc. (FireKare,  FIREPOWER
            911(TM), Super Cold Fire, and FLAME OUT(R))*

10.6  -     Exclusive  Marketing   Bilateral   Agreement  between   Moonlighting
            Distribution   Corporation-USA   and   Summit   Technologies,   Inc.
            (Trim-Away)**

10.7  -     November  2,  1998  Amendment  to April  27,  1998  Letter of Intent
            between BioGenesis Enterprises, Inc. and Summit Technologies,  Inc.,
            and April 27, 1998 Letter of Intent.***

10.8  -     2004 Stock Option Plan adopted by Summit Environmental  Corporation,
            Inc.+

31    -     Certification  of Chief  Executive  Officer  pursuant  to 18  U.S.C.
            Section   1350,   as  adopted   pursuant   to  Section  302  of  the
            Sarbanes-Oxley Act of 2002.

31.1  -     Certification  of Chief  Financial  Officer  pursuant  to 18  U.S.C.
            Section   1350,   as  adopted   pursuant   to  Section  302  of  the
            Sarbanes-Oxley Act of 2002.

                                        1

<PAGE>


32    -     Certification  of Chief  Executive  Officer  pursuant  to 18  U.S.C.
            Section   1350,   as  adopted   pursuant   to  Section  906  of  the
            Sarbanes-Oxley Act of 2002.

32.1  -     Certification  of Chief  Financial  Officer  pursuant  to 18  U.S.C.
            Section   1350,   as  adopted   pursuant   to  Section  906  of  the
            Sarbanes-Oxley Act of 2002.

*     Previously   filed  with  Form  SB-2;   Commission   File  No.   333-48675
      incorporated herein.
**    Previously  filed with Amendment No. 1 to Form SB-2;  Commission  File No.
      333-48675 incorporated herein.
***   Previously  filed with Amendment No. 5 to Form SB-2;  Commission  File No.
      333-48675 incorporated herein.
+     Previously filed with Form 10-KSB 12-31-03;  Commission File No. 333-48675
      incorporated herein.


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