EQUITY TRANSACTIONS

6 Months Ended

Jun. 30, 2012

In Apri1 2010, the Company amended its Articles of Incorporation changing the name of the Company to SavWatt USA, Inc. and increasing its authorized capital shares from 100,000,000 shares to 2,200,000,000 shares designating 2,000,000,000 as common stock and 200,000,000 shares as preferred stock. In September 2011 the Company increased the total capital to 5,000,000,000 shares authorized designating 4,800,000,000 as common stock and 200,000,000 shares as preferred stock. In 2011 the Company designated 25,000,000 shares of the preferred shares to be Series A Cumulative Preferred Stock ("Preferred Series A"). Each share of Preferred Series A is convertible into ten shares of common stock. The Preferred Series A shares vote as a single class with the common stock and are entitled to two hundred votes for each share of Preferred Series A. In 2011 the Company designated 13,185 shares of the preferred shares to be Series A Cumulative Preferred Stock ("Preferred Series A"). The Preferred Series A is convertible a one share of preferred into ten shares of common stock. The Preferred Series A shares are entitled to two hundred votes for each share of Preferred Series A.

In 2011 the Company increased the authorized capital stock to 9,800,000,000 of common stock.

In May 2012, the Company's outstanding shares, and options, have been adjusted to give effect to the 1 for 1,918 reverse stock split.

In January 2011, Sutton Global converted $250,000 of debt into 5,000,000 shares of Preferred Series A stock.

In July 2011, Sutton Global converted $250,000 of debt into 5,000,000 shares of Preferred Series A stock.

In January 2012, Sutton Global converted $300,000 of debt into 6,000,000 shares of Preferred Series A stock.

In January 2012, Sutton Global converted $90,000 of debt into 9,000,000 shares of Preferred Series A stock.

The issuance of common stock from January 1, 2011 through December 31, 2011 is summarized in the table below:

	Number of shares of common stock		Fair Value at Issuance		Per Share Value at Issuance
			$	-	$	-
Stock issued for related party debt settlement		1,303		35,000		26.85
Stock issued for services		104,921		306,671		0.959 -26.85
Fair value of common stock issued for interest		521		14,000		26.85
Common stock issued pursuant to note holder debt conversion – principal		1,417,160		2,462,792		0.1918 - 19.18
Common stock issued pursuant to note holder debt conversion – interest		9,747		13,647		.1918-19.18
		1,533,653		39,658,097

The issuance of common stock from January 1, 2012 through June 30, 2012 is summarized in the table below:

	Number of shares of common stock			Fair Value at Issuance		Per Share Value at Issuance
Stock issued for services		261		$	100	$	0.5754
Cancellation of shares		(14,077	)		-		0.1918-0.1923
Fair value of common stock issued for interest		5,214			2,000		0.3836
Common stock issued pursuant to note holder debt conversion – principal		3,875,102			503,450		0.0959-0.3165
Common stock issued pursuant to note holder debt conversion – interest		22,520			4,023		0.1343-0.2244
		3,889,019			509,573

SavWatt USA, Inc. 10-Q/A