FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Sutton Isaac H
2. Issuer Name and Ticker or Trading Symbol

SavWatt USA, Inc. [ SAVW ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
President, CEO
(Last)          (First)          (Middle)

475 PARK AVENUE SOUTH, 30TH FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

1/3/2012
(Street)

NEW YORK, NY 10016
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   4/3/2012     P    1199166   A $0.0959   1225606   I   By Sutton Global Associates, Inc.  
Common Stock   8/8/2012     C    130350   A $0   (2) 1355956   I   By Sutton Global Associates, Inc.  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Convertible Preferred Stock   $0   (2) 1/3/2012     P      $6000000       1/3/2012   (3) 12/31/2050   (1) Common Stock   6000000   $0.05   16000000   I   By Sutton Global Associates, Inc.  
Series A Convertible Preferred Stock   $0   (2) 4/7/2012     P      $9000000       4/7/2012   (3) 12/31/2050   (1) Common Stock   9000000   $0.01   25000000   I   By Sutton Global Associates, Inc.  
Series A Convertible Preferred Stock   $0   (2) 8/8/2012     C         $25000000    1/3/2012   (3) 12/31/2050   (1) Common Stock   25000000   $0   (2) 0   I   By Sutton Global Associates, Inc.  
Series A Convertible Preferred Stock   $0   (2) 8/8/2012     P      $5000000       8/8/2012   (3) 12/31/2050   (1) Common Stock   5000000   $0.01   5000000   I   By Sutton Global Associates, Inc.  

Explanation of Responses:
( 1)  There is no expiration on the conversions right of the Series A Convertible Preferred Stock, as such preferred stock is convertible at any time and perpetually.
( 2)  Shares of Series A Convertible Preferred Stock are convertible into common stock based on a ratio of 1 share of Series A Convertible Preferred Stock for 10/1,918 shares of common stock.
( 3)  All shares of Series A Convertible Preferred Stock are convertible upon issuance.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Sutton Isaac H
475 PARK AVENUE SOUTH
30TH FLOOR
NEW YORK, NY 10016
X X President, CEO

Signatures
/s/ Isaac H. Sutton 8/24/2012
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
SavWatt USA (CE) (USOTC:SAVW)
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SavWatt USA (CE) (USOTC:SAVW)
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부터 5월(5) 2023 으로 5월(5) 2024 SavWatt USA (CE) 차트를 더 보려면 여기를 클릭.