UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G
 
 
Under the Securities Exchange Act of 1934
(Amendment No. __________)*
 
 
SavWatt USA, INC.
(Name of Issuer)
 
COMMON
(Title of Class of Securities)
 
805430105
(CUSIP Number)
 
05/11/2011
(Date of Event which Requires Filing of this Statement)
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
 
o Rule 13d-1(b)
   
 
x Rule 13d-1(c)
   
 
o Rule 13d-1(d)
 
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 
 
 
 
CUSIP No. 805430105
 
 
 
1.
NAMES OF REPORTING PERSONS
I.R.S. Identification Nos. of above persons (entities only).
 
 
StockCross Financial Services, Inc.
04-2523566
 
 
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (see instructions)
 
 
(a) o
(b) o
3.
SEC USE ONLY
 
 
 
 
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
    UNITED STATES      
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
 5.
SOLE VOTING POWER
 
0
 6.
SHARED VOTING POWER
 
0
 7.
SOLE DISPOSITIVE POWER
 
0
 8.
SHARED DISPOSITIVE POWER
0
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 
0
10.
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
 (see instructions)
o
 
 
 
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
 
 
 
12.
TYPE OF REPORTING PERSON* (see instructions)
BD
 
 
 
 
 
Page 2 of 5 Pages
 
 
Item 1
 
(a)
Name of Issuer:
 
SavWatt USA, Inc.
 
 
(b)
Address of Issuer’s Principal Executive Offices:
 
6801 Eastern Avenue, Suite 203
Beltimore, MD 21224
 
Item 2
 
(a)
Name of Person Filing:
 
Stock Cross Financial Services, Inc.
 
 
(b)
Address of Principal Business Office, or if None, Residence:
 
9464 Wilshire Blvd,
Beverly Hills, CA 90212
 
 
(c)
Citizenship:
 
U.S.A.
 
 
(d)
Title of Class of Securities:
 
Common
 
 
(e)
CUSIP Number:
 
805430105
 
Item 3. If this statement is filed pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
 
(a)
x
Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
     
(b)
o
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
     
(c)
o
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
     
(d)
o
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).
     
(e)
o
An investment adviser in accordance with Section 240.13d-1(b)(1) (ii)(E);
     
(f)
o
An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F);
     
(g)
o
A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G);
     
(h)
o
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
     
(i)
o
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
     
(j)
o
Group, in accordance with Section 240.13d-1(b)(1)(ii)(J).
 
 
Page 3 of 5 Pages
 
 
Item 4. Ownership.
 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
 
(a)
Amount beneficially owned:  0
     
(b)
Percent of class: 0
     
(c)
Number of shares as to which such person has:
     
 
(i)
Sole power to vote or to direct the vote 0
     
 
(ii)
Shared power to vote or to direct the vote 0 
     
 
(iii)
Sole power to dispose or to direct the disposition of 0
     
 
(iv)
Shared power to dispose or to direct the disposition of 0
 
Item 5. Ownership of Five Percent or Less of a Class.
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities check the following x .
 
Not applicable
 
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
 
Not applicable
 
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
 
Not applicable
 
Item 8. Identification and Classification of Members of the Group.
 
Not applicable
 
Item 9. Notice of Dissolution of Group.
 
Not applicable
 
Item 10. Certifications.
 
Not applicable
 
 
Page 4 of 5 Pages
 
 
SIGNATURE
 
          After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
  06/14/2011
 
(Date)
   
  /s/ Michael Colombino
 
(Signature)
   
  MICHAEL COLOMBINO, VP
 
(Name/Title)
 
 
Page 5 of 5 Pages
 
 
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