===============================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
---------------
FORM 8-K
CURRENT REPORT
May 6, 1998
- --------------------------------------------------------------
Date of Report (Date of earliest event reported)
TTI Industries, Incorporated
- ---------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Texas 0-13041 95-1939021
(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
3838 Oak Lawn Ave, Suite 1000, Dallas, Texas 75219
(Address of principal executive offices) (Zip Code)
(214) 520-1702
- ---------------------------------------------------------------
(Registrant's telephone number, including area code)
Environmental Plus, Incorporated
Route 1, Box 41
Overton, Texas 75684
- ---------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
===============================================================
<PAGE>
ITEM 1. CHANGE IN CONTROL OF REGISTRANT
On May 6, 1998, a change in control of the Registrant
occurred by virtue of the consummation of the Stock Purchase
Agreement dated January 15, 1998 among Environmental Plus,
Incorporated (now known as TTI Industries, Incorporated, the
"Company") Terminator Technologies, Incorporated ("TTI"), AMJ
Resources, Inc. ("AMJ") and the designees of AMJ or TTI
(collectively "Buyers"), and George Davis ("Davis"), J. D.
Davenport ("Davenport"), Charles White ("White"), GD/JD, Inc.
and Northport Management Group (collectively, "Sellers").
Pursuant to the Stock Purchase Agreement, Sellers sold
approximately 58% of the outstanding voting and equity
securities of the Company to Buyers (which included, in
addition to TTI and AMJ, AM Resources, Inc., Sytek Resources,
Inc., Pierre S. Korsmoe and Joseph H. Stephens, the designees
of TTI and AMJ). As described in the Company's Proxy Statement
for the special meeting of shareholders held on April 17, 1998,
upon consummation of the Stock Purchase Agreement, White and
Davenport resigned from the Company's board of directors and
Frank W. Harrison, Sr. and Joe Nicholson were appointed as
directors of the Company.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, as amended, the Registrant has duly caused this
report to be signed on its behalf by the undersigned hereunto
duly authorized.
Date: May 26, 1998
TTI INDUSTRIES, INCORPORATED
By: /s/ Frank W. Harrison, Sr.
------------------------------
Frank W. Harrison, Sr.
President
