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 Report (Date of earliest event reported)          July 21, 2004

                              INNOVA HOLDINGS, INC.

             (Exact name of registrant as specified in its charter)


           Delaware                       000-33231              95-4868120
   ---------------------------      ----------------------      ------------
  (State or other jurisdiction     (Commission File Number)    (IRS Employer
of incorporation or organization)                            Identification No.)


         17105 San Carlos Blvd., Suite A6151, Fort Myers Beach, FL 33931
               (Address of principal executive offices)(Zip Code)



                                 (239) 466-0488
               --------------------------------------------------
              (Registrant's Telephone Number, Including Area Code)


                         Hy-Tech Technology Group, Inc.
            1840 Boy Scout Drive, Fort Myers, Florida 33907
          ------------------------------------------------------------
         (Former Name or Former Address, If Changed since Last Report.)


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Item 2. Acquisition or Disposition of Assets.

Agreement with Robotic Workspace Technologies, Inc.

      On July 21, 2004,  Innova Holdings,  Inc. (the "Company")  entered into an
Agreement  and  Plan  of  Merger  (the   "Agreement")   with  Robotic  Workspace
Technologies, Inc. ("RWT").

      RWT was founded in 1994 to enhance the field of robotics with commercially
available,  standard products to improve robot performance,  applicability,  and
productivity.  RWT  has  been  at  the  forefront  of  developing  and  offering
technology-based  solutions built upon an open  architecture  that harnesses the
power and user-friendliness of the PC platform and the Windows operating system.
RWT  technology  has been  applied  to  robots  and a wide  range  of  automated
equipment  performing  many tasks in  industries  ranging  from  agriculture  to
automotive,  to medical and R&D.  Headquartered in Fort Myers,  Florida,  RWT is
recognized  internationally  for its  pioneering  contributions  to the robotics
industry.  Its founder and Chief Executive  Officer,  Mr. Walter K. Weisel, is a
recipient  of the  prestigious  Joseph F.  Engelberger  Award,  recognizing  his
contributions to the advancement of robotics and automation.

      The  Agreement  provides  that  RWT  Acquisition,  Inc.,  a  wholly  owned
subsidiary  of the  Company,  will merge into RWT,  with RWT  continuing  as the
surviving corporation. RWT will become a wholly owned subsidiary of the Company.
The shareholders of RWT will be issued an aggregate of 280,000,000 shares of the
Company's  common  stock as  consideration  for the  merger.  RWT's  outstanding
options will be converted  into options to acquire  Company  common stock at the
same exchange ratio at which the RWT  shareholders  will receive  Company common
stock.

      In the  event  that the  Company's  outstanding  common  stock at  closing
exceeds  140,000,000  shares (any such excess being, the "Excess  Shares"),  the
Company will issue as additional consideration to the RWT shareholders an amount
of shares equal to the Excess Shares. At closing, the company has agreed to have
no more than  $230,000  of  outstanding  debt.  If after  closing the Company is
required  to settle  debt in excess of this  amount by issuing  shares of common
stock ("Debt  Settlement  Shares"),  then the Company  will issue as  additional
consideration  to the RWT  shareholders  an amount  of shares  equal to the Debt
Settlement Shares.

      The Company's  obligation to close the  transaction  is  conditioned  upon
RWT's outstanding debt at closing consisting of not more than (i) an SBA loan of
$1,000,000,  (ii) bank debt of $250,000 and (iii) accounts  payable of $250,000.
The Company's  obligation to close the  transaction  is also  conditioned on the
approval  of the  transaction  by the  holders  of at  least  two-thirds  of the
outstanding shares of common stock of RWT.

      Walter K.  Weisel will become  Chairman  of the Board of  Directors  and a
Senior  Executive  Officer of the Company.  Mr. Weisel will continue to serve as
Chairman and Chief Executive Officer of RWT.


                                       2


      The transaction is expected to close in August 2004.

      The  determination  of the number of shares of Company  common stock to be
exchanged for the RWT common stock was  determined  in arms length  negotiations
between the Boards of Directors of the Company and RWT.  The  negotiations  took
into  account  the value of RWT's  financial  position,  results of  operations,
products, prospects and other factors relating to RWT's business. At the time of
the execution of the Agreement, there were no material relationships between RWT
and the  Company  or any of its  affiliates,  any  director  or  officer  of the
Company, or any associate of any such officer or director.

Agreement with Encompass Group Affiliates, Inc.

      On June 23, 2004, the Company  entered into and  simultaneously  closed an
Agreement with Encompass Group Affiliates, Inc. (Encompass"),  pursuant to which
the Company granted to Encompass exclusive,  worldwide, royalty free, fully paid
up,  perpetual and irrevocable  licenses to use the Company's  customer list for
its computer and systems related products and its related websites.  The Company
also assigned to Encompass the Company's rights to enter into  acquisitions with
Cyber-Test,  Inc., BCD 2000,  Inc. and Pacific Magtron  International,  Inc. The
Company  agreed for a five year period  commencing on the closing not to compete
with  Encompass  (i)  in  the  business  of the  marketing,  sale,  integration,
distribution   or  repair  of  computer   systems,   components,   equipment  or
peripherals,  and any related  consulting work, and (ii) conducting any business
of a nature (A) engaged in by Encompass or its subsidiaries or (B) engaged in by
the Company at the time of closing,  or (C) engaged in by any of BCD 2000, Inc.,
Cyber Test, Inc. or Pacific Magtron International Corp. at the time the stock or
assets of which are acquired by Encompass.  For (i) a period of three (3) months
following the closing,  the Company is permitted to sell, in the ordinary course
of its  business,  any inventory not sold on or prior to the closing and (ii) so
long as RWT is  engaged  solely  in the  business  of  developing  or  acquiring
proprietary  computer  technology within the robotics field, the Company will be
permitted to engage in this business.

      Encompass hired Martin Nielson, who had been the Company's Chief Executive
Officer,  as an Executive  Officer.  Mr.  Nielson will  continue to serve on the
Company's  board of directors  and  resigned as the  Company's  Chief  Executive
Officer.

      In  consideration  for  the  transaction,  Encompass  assumed  all  of the
Company's  obligations  under certain  Convertible  Debentures (the "Convertible
Debentures") in the aggregate  principal amount of $503,300.  The holders of the
Convertible  Debentures  released the Company from all claims  arising under the
Convertible Debentures.

      The  determination of the  consideration in the Encompass  transaction was
determined  in arms length  negotiations  between the Boards of Directors of the
Company  and  Encompass.  The  negotiations  took into  account the value of the
assets sold to  Encompass  and the  consideration  received.  At the time of the
transaction,  there were no material  relationships  between  Encompass  and the
Company or any of its affiliates, any director or officer of the Company, or any
associate of any such officer or director.


                                       3


Item 5. Other Events.

      Effective July 29, 2004, the Company changed its name to Innova  Holdings,
Inc. from Hy-Tech Technology Group, Inc. The Company's trading symbol changed to
"IVHG".   Simultaneously  with  the  name  change,  the  Company  increased  its
authorized  capitalization  from 101,000,000  shares,  consisting of 100,000,000
shares of common stock, $.001 par value and 1,000,000 shares of preferred stock,
$.001 par value to  910,000,000  shares,  consisting  of  900,000,000  shares of
common stock,  $.001 par value and 10,000,000  shares of preferred stock,  $.001
par value.

      On June 23, 2004,  immediately  after the closing of the transaction  with
Encompass, the Company entered into a private placement of 125,000 shares of its
Series A Preferred  Stock for an  aggregate  issue  price of  $125,000  with the
holders of the  Convertible  Debentures.  Each  share of the Series A  Preferred
Stock (i) pays a dividend  of 5%,  payable at the  discretion  of the Company in
cash or common stock,  (ii) is  convertible  into the number of shares of common
stock equal to $1.00 divided by a conversion price equal to the lesser of 75% of
the average  closing  bid price of the  Company's  common  stock over the twenty
trading days preceding conversion or $0.005, (iii) has a liquidation  preference
of $1.00 per share,  (iv) must be  redeemed  by the  Company  five  years  after
issuance  at $1.00 per share  plus  accrued  and  unpaid  dividends,  (v) may be
redeemed by the Company at any time for $1.30 per share plus  accrued and unpaid
dividends and (vi) has no voting rights except when mandated by Delaware law.

      In the event that the  Company has not (a)  completed  the merger with RWT
and (2) RWT has not raised $500,000 in new capital by August 27, 2004, then each
of the holders of the Series A Preferred Stock may elect to convert their shares
into (a) a demand note payable by the Company,  in the principal amount equal to
the  purchase  price of the Series A  Preferred  Stock plus  accrued  and unpaid
dividends, with interest at the rate of ten percent (10%) until paid in full and
(b) warrants to purchase  2,500,000  shares of the Company's  common stock at an
exercise  price of $.005 per share,  with a term of two (2) years' from the date
of issuance,  and standard  anti-dilution  provisions  regarding  stock  splits,
recapitalizations  and  mergers,  for each  $25,000 of Series A Preferred  Stock
purchased.

      This  issuance  of the  Series  A  Preferred  Stock  was  exempt  from the
registration  requirements of the Securities Act of 1933 (the "Act") pursuant to
section 4(2) of the Act.


                                       4


Item 7. Financial Statements and Exhibits.

(a) Financial Statements of Businesses Acquired.
         To be filed by amendment within sixty days after the closing.

(b) Pro Forma Financial Information
         To be filed by amendment within sixty days after the closing.

(c) Exhibits

2.1   Agreement and Plan of Merger among the Company,  RWT Acquisition,  Inc and
      Robotic Workspace Technologies, Inc. dated July 21, 2004.

2.2   Agreement between the Company and Encompass Group  Affiliates,  Inc. dated
      June 23, 2004.

2.3   License Agreement between the Company and Encompass Group Affiliates, Inc.
      dated June 23, 2004 for customer list

2.4   License Agreement between the Company and Encompass Group Affiliates, Inc.
      dated June 23, 2004 for website

2.5   Assumption  Agreement  between the Company and Encompass Group Affiliates,
      Inc. dated June 23, 2004

2.6   Noncompetition  and  Nondisclosure   Agreement  between  the  Company  and
      Encompass Group Affiliates, Inc. dated June 23, 2004

4.1   Certificate of Designation of Series A Preferred Stock


                                       5


                                    SIGNATURE

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.

                                            INNOVA HOLDINGS, INC.


Dated:  August  4, 2004                     By: /s/ Gary F. McNear
                                                -------------------------------
                                                Gary F. McNear,
                                                Chief Financial Officer


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