0001477932-12-003434.txt : 20120824
0001477932-12-003434.hdr.sgml : 20120824
20120824163045
ACCESSION NUMBER: 0001477932-12-003434
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120103
FILED AS OF DATE: 20120824
DATE AS OF CHANGE: 20120824
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sutton Isaac H
CENTRAL INDEX KEY: 0001142466
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-52402
FILM NUMBER: 121054975
MAIL ADDRESS:
STREET 1: 475 PARK AVENUE SOUTH
STREET 2: 30TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10016
FORMER NAME:
FORMER CONFORMED NAME: SUTTON ISAAC H
DATE OF NAME CHANGE: 20010612
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SavWatt USA, Inc.
CENTRAL INDEX KEY: 0001385305
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC LIGHTING & WIRING EQUIPMENT [3640]
IRS NUMBER: 331148936
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 6801 EASTERN AVENUE
STREET 2: SUITE 203
CITY: BALTIMORE
STATE: MD
ZIP: 21224
BUSINESS PHONE: 866 641 3507
MAIL ADDRESS:
STREET 1: 6801 EASTERN AVENUE
STREET 2: SUITE 203
CITY: BALTIMORE
STATE: MD
ZIP: 21224
FORMER COMPANY:
FORMER CONFORMED NAME: LUDVIK CAPITAL INC
DATE OF NAME CHANGE: 20070112
FORMER COMPANY:
FORMER CONFORMED NAME: LUDVIK CAPITAL LLC
DATE OF NAME CHANGE: 20070105
4
1
form4.xml
FORM 4
X0306
4
2012-01-03-05:00
false
0001385305
SavWatt USA, Inc.
SAVW
0001142466
Sutton Isaac H
475 PARK AVENUE SOUTH
30TH FLOOR
NEW YORK
NY
10016
true
true
true
false
President, CEO
Common Stock
2012-04-03-04:00
4
P
false
1199166
0.0959
A
1225606
I
By Sutton Global Associates, Inc.
Common Stock
2012-08-08-04:00
4
C
false
130350
0
A
1355956
I
By Sutton Global Associates, Inc.
Series A Convertible Preferred Stock
0
2012-01-03-05:00
4
P
false
6000000
0.05
A
2012-01-03-05:00
2050-12-31-05:00
Common Stock
6000000
16000000
I
By Sutton Global Associates, Inc.
Series A Convertible Preferred Stock
0
2012-04-07-04:00
4
P
false
9000000
0.01
A
2012-04-07-04:00
2050-12-31-05:00
Common Stock
9000000
25000000
I
By Sutton Global Associates, Inc.
Series A Convertible Preferred Stock
0
2012-08-08-04:00
4
C
false
25000000
0
D
2012-01-03-05:00
2050-12-31-05:00
Common Stock
25000000
0
I
By Sutton Global Associates, Inc.
Series A Convertible Preferred Stock
0
2012-08-08-04:00
4
P
false
5000000
0.01
A
2012-08-08-04:00
2050-12-31-05:00
Common Stock
5000000
5000000
I
By Sutton Global Associates, Inc.
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.
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.
All shares of Series A Convertible Preferred Stock are convertible upon issuance.
/s/ Isaac H. Sutton
2012-08-24-04:00