WOLF INDUSTRIES INC
8-K/A, 2000-09-05
OIL & GAS FIELD SERVICES, NEC
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 8-K/A

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

                        Date of Report: September 6, 2000


                              WOLF INDUSTRIES INC.
             -------------------------------------------------------
             (Exact name of registrant as specified in its charter)

               Nevada                                    98-0171619
           ------------------------------------------------------------
         (State or other jurisdiction                (I.R.S. Employer
         of incorporation or organization)            Identification No.)

                205 - 16055 Fraser Highway, Surrey, B.C. V3S 2W9
        ----------------------------------------------------------------
               (Address of principal executive offices)(Zip Code)

                                 (604) 597 0036
                                -----------------
              (Registrant's telephone number, including area code)






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Item 2. Acquisition or Disposition of Assets

On July 7, 2000 Wolf  Industries  Inc.,  (the Company)  reported the Acquisition
Agreement  of  Interactive  Travel  System  Media  Group,  Inc.,  (TPI) a Nevada
corporation by the issuance of Warrants to acquire up to 3,000,000 shares of the
Company's  common  stock at $0.27 per share which were  distributed  to the sole
shareholder of TPI.

TPI is developing a complete  digital  marketing and reservation  system for the
travel  industry with other possible  applications  which will be made available
through  syndication  on-line.  The  system  will  allow the  booking of certain
aspects  of  travel,  which  may  include  hotel  reservation,   transportation,
restaurants,  and certain  concierge-related  travel services.  TPI owns or will
acquire  certain  proprietary  technology,   know-how,  goodwill  and  the  like
(collectively,  the  "Business")  necessary  to the  continued  pursuit  of such
Business.

Item 7. Financial Statements and Exhibits.

     (a)  Subsequent to filing the July 7, 2000 8-K, the Company has  determined
          that the  acquisition of TPI does not have a material  effect upon the
          Company's  financial  statements and that the  acquisition of TPI does
          not represent the  acquisition of a significant  amount of assets.  As
          such the Company will not be recording any value for the assets of TPI
          and will not be filing audited financial statements of TPI.

     (b)  none

     (c)  none





<PAGE>



SIGNATURES

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

WOLF INDUSTRIES INC.

Dated: September 6, 2000


/s/ PATRICK McGOWAN
-------------------
Patrick McGowan, President





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