SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

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

                Date of Earliest Event Reported:  August 21, 2006

                         ENVIRONMENTAL SAFEGUARDS, INC.
             (Exact name of registrant as specified in its charter)

            Nevada                      000-21953            87-0429198
 (State or other jurisdiction of       (Commission          (IRS Employer
 incorporation or organization)        File Number)         Identification No.)


                        5300 North Braeswood, Suite 4-393
                              Houston, Texas  77096
                              ---------------------
          (Address of principal executive offices, including zip code)

                                  (713)728-8687
                                  -------------
              (Registrant's telephone number, including area code)

                         2600 South Loop West, Suite 645
                              Houston, Texas 77054
                              --------------------
                  Former Address of principal executive offices



ITEM 8.01 OTHER  EVENTS

     On  August  21,  2006, we discovered that our stock symbol had been changed
from  ELSF.PK  to PCUN.PK, and that we had purportedly made a 1 for 1000 reverse
stock split. After an initial investigation into this matter, we discovered that
a  person  unknown  to  us signing under what we believe to be a fictitious name
filed  false  documents  with the Nevada Secretary of State purporting to change
the  name  of  the  company  to  "PCU, Inc.", change the name and address of our
officers  and  directors,  increase  the  number  of shares of authorized common
stock,  and  effect  a reverse stock split. None of these changes have ever been
legally  authorized,  approved  or  ratified  by  the  board  of  directors  or
shareholders  of  Environmental  Safeguards. We also discovered that the unknown
person  subsequently  filed  these  documents  with  the  Nasdaq Stock Market to
accomplish  an  unauthorized  change  in our stock symbol. We have reported this
matter  to  representatives  of  the  Nasdaq Stock Market, Pink Sheets, LLC, the
Securities  and  Exchange  Commission,  the  Nevada  Secretary of State, and the
Office  of  the  Nevada  Attorney  General.

     A  copy  of  the press release related to this filing is attached hereto as
Exhibit  99.1.


ITEM 9.01 FINANCIAL  STATEMENTS  AND  EXHIBITS.

     (d)  Exhibits.

          99.1     Press Release dated August 23, 2006


                                   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.

                                        ENVIRONMENTAL SAFEGUARDS, INC.


                                        /s/ James S. Percell
                                        ----------------------------------------
Date:  August 23, 2006                  By:  James S. Percell, President