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 or Section 30(h) 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
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
(City)        (State)        (Zip)
 

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  1,199,166 A$0.0959 1,225,606 I By Sutton Global Associates, Inc. 
Common Stock 8/8/2012  C  130,350 A$0 (2)1,355,956 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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Series A Convertible Preferred Stock $0 (2)1/3/2012  P   $6,000,000    1/3/2012 (3)12/31/2050 (1)Common Stock 6,000,000 $0.05 16,000,000 I By Sutton Global Associates, Inc. 
Series A Convertible Preferred Stock $0 (2)4/7/2012  P   $9,000,000    4/7/2012 (3)12/31/2050 (1)Common Stock 9,000,000 $0.01 25,000,000 I By Sutton Global Associates, Inc. 
Series A Convertible Preferred Stock $0 (2)8/8/2012  C     $25,000,000  1/3/2012 (3)12/31/2050 (1)Common Stock 25,000,000 $0 (2)0 I By Sutton Global Associates, Inc. 
Series A Convertible Preferred Stock $0 (2)8/8/2012  P   $5,000,000    8/8/2012 (3)12/31/2050 (1)Common Stock 5,000,000 $0.01 5,000,000 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
Director10% OwnerOfficerOther
Sutton Isaac H
475 PARK AVENUE SOUTH
30TH FLOOR
NEW YORK, NY 10016
XXPresident, CEO

Signatures
/s/ Isaac H. Sutton8/24/2012
**Signature of Reporting PersonDate


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).
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