U. S. SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K
                                 CURRENT REPORT

                        UNDER SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                        Date of Report: January 15, 2002
                        (Date of Earliest Event Reported)

                     INNOVATIVE SOFTWARE TECHNOLOGIES, INC.
        (Exact name of small business issuer as Specified in its Charter)

                                   California
                 (State or Other Jurisdiction of Incorporation)

                                   000-1084047
                            (Commission File Number)

                                   95-46918978
                        (IRS Employer Identification No.)

                   112 Northwest Parkway, Riverside, MO 64150
                    (Address of Principal Executive Offices)

                                 (816) 583-8030
                         (Registrant's Telephone Number)




Item 2. Acquisition or Disposition of Assets

On  January  4, 2002,  Innovative  Software  Technologies,  Inc.,  a  California
corporation  (the  "Company"  or  "Registrant"),   consummated  the  acquisition
effective as of December 31, 2001 of all the outstanding  common stock of Energy
Professional Marketing Group, Inc. for a combination of 1,500,000 million shares
of  preferred  and  3,529,412  shares of  common  stock  valued at 13.5  million
dollars.  All the  outstanding  common  stock of Energy  Professional  Marketing
Group, Inc. was held by two individuals,  Ethan Andrew Willis and James Randolph
Garn.

Based in Orem,  Utah, EPMG markets  technology and training  applications in the
areas of personal  finance and small business  Internet  development.  They also
develop  web-based  applications for small to mid-size  companies across a broad
range of  industries.  The  technology  they  provide  enable  organizations  to
effectively  transform their business to the web by bringing  together  multiple
applications within a particular supply chain to one standard platform.


Seller is not affiliated with Innovative  Software  Technologies,  Inc. nor with
any of Innovative Software Technologies,  Inc. subsidiaries.  The description of
the  acquisition  transaction  set forth  herein is qualified in its entirety by
reference to the Stock Purchase  Agreement,  which is  incorporated  herewith as
Exhibit 2.1.


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Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.

     a. Financial Statements and Pro Forma Financial Information.

        The Company  shall file  Financial  Statements  and Pro Forma  Financial
        Information by an amendment to this Form 8-K within 60 days from the due
        date of this filing.

     b. Exhibits

        1. Stock Purchase Agreement.


                                   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 hereunto duly authorized.

Date: January 15, 2002                  Innovative Software Technologies, INC.

                                        By: /s/ Douglas Hackett
                                        -----------------------
                                                Douglas Hackett










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