WATER POINT SYSTEMS INC
15-12G, 1998-12-31
HARDWARE & PLUMBING & HEATING EQUIPMENT & SUPPLIES
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                         SECURITIES AND EXCHANGE COMMISSION

                               Washington, D.C. 20549
                                      FORM 15

Certification and Notice of Termination of Registration under Section 12(g) of
the Securities Exchange Act of 1934 or Suspension of Duty to File Reports Under
Sections 13 and 15(d) of the Securities Exchange Act of 1934.

                         Commission File Number:  0-22918

                             Water Point Systems Inc.
               (Exact name of registrant as specified in its charter)

                             25 Highland Park Village
                                Suite #100, Box 285
                                Dallas, Texas 75205
                                  (214) 528-0441
    (Address, including zip code, and telephone number, including area code, of
                     registrant's principal executive offices)

                           
              (Title of each class of securities covered by this Form)

                                        None
    (Titles of all other classes of securities for which a duty to file reports
                       under section 13(a) or 15(d) remains)

Please place an X in the box(es) to designate the appropriate rule provision(s)
relied upon to terminate or suspend the duty to file reports:

Rule 12g-4(a)(1)(i)  [ ]

Rule 12g-4(a)(1)(ii)  [X]

Rule 12g-4(a)(2)(i)  [ ]

Rule 12g-4(a)(2)(ii)  [ ]

Rule 12h-3(b)(1)(i)  [ ]

Rule 12h-3(b)(1)(ii)  [X]

<PAGE>

Rule 12h-3(b)(2)(i)  [ ]

Rule 12h-3(b)(2)(i)  [ ]

Rule 12h-3(b)(2)(ii)  [ ]

Rule 15d-6 [ ]

     Approximate number of holders of record as of the certification or notice
date:  468
      -----


     Pursuant to the requirements of the Securities Exchange Act of 1934,
Water Point Systems Inc. has caused this certification/notice to be
signed on its behalf by the undersigned duly authorized person.





DATE: December 31, 1998      BY: /s/ Langhorne Reid, III
                                 --------------------------------------------
                                 Langhorne Reid, III, President

INSTRUCTION: This form is required by Rules 12g-4, 12h-3 and 15d-6 of the
General Rules and Regulations under the Securities Exchange Act of 1934. The
registrant shall file with the Commission three copies of Form 15, one of which
shall be manually signed. It may be signed by an officer of the registrant, by
counsel or by any other duly authorized person. The name and title of the person
signing the form shall be typed or printed under the signature.

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