SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G
(Amendment No. )

Under the Securities Exchange Act of 1934
 
  SavWatt USA, Inc.  
 
(Name of Issuer)
 
     
   Common Stock  
 
(Title of Class of Securities)
 
     
   Not Available  
 
(CUSIP Number)
 
     
   August 1, 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)
o 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. 13G Page  2 of 5 Pages
 
 
 
1.
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 
Peter E. Lescord, III
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
(a)  o
(b)  o
3.
SEC Use Only
 
4.
Citizenship of Place of Organization
 
United States
Number of Shares
Beneficially
Owned by Each
Reporting  Person
With
5.
Sole Voting Power 
 
106,041,011
6.
Shared Voting Power
 
 
7. 
Sole Dispositive Power 
 
106,041,011
8.
Shared Dispositive Power
 
 
9.
Aggregate Amount Beneficially Owned by each Reporting Person
 
106,041,011
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
 
 
11.
Percent of Class Represented by Amount in Row 9
 
6.02%
12.
Type of Reporting Person (See Instructions)
 
IN
 
 
 
 
 
CUSIP No. 13G Page 3 of 5 Pages
 
ITEM 1:
 
(a)  Name of Issuer:  SavWatt USA, Inc.
 
 
 
 (b)    Address of Issuer’s Principal Executive Offices:
1100 Wicomico St. Suite 700
Baltimore, MD 21230
 
 
ITEM 2:
 
(a)  Name of Person Filing:  Peter E. Lescord, III
 
 
(b)  Address of Principal Business Office or, if None, Residence:
2303 Jefferson St. #1211
Torrance, CA 90501
 
 
(c)  Citizenship: United States
 
 
(d)  Title of Class of Securities: Common
 
 
 
(e)  CUSIP Number: Not Available
 
 
 
 
 
 
 
CUSIP No. 13G Page  4 of 5 Pages
 
ITEM 3:   IF THIS STATEMENT IS FILED PURSUANT TO §§240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:
 
            
(a)     
o      
 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 §240.13d-1(b)(1)(ii)(E);
       
 
(f) 
o
 An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
       
 
(g) 
o
 A parent holding company or control person in accordance with § 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
 A non-U.S. institution, in accordance with §240.13d-1(b)(1)(ii)(J);
       
 
(k) 
o
 Group, in accordance with §240.13d-1(b)(1)(ii)(K).
   
 
 
 If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: ___________________________.
 
ITEM 4:  OWNERSHIP.

(a)  Amount beneficially owned: 106,041,011
 
(b)  Percent of class: 6.02%

(c)  Number of shares as to which the person has:
 
                     (i)    Sole power to vote or to direct the vote    106,041,011
  (ii)    Shared power to vote or to direct the vote
 
 
  (iii)    Sole power to dispose or to direct the disposition of    106,041,011
  (iv)    Shared power to dispose or to direct the disposition of       
 
ITEM 5:   OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

 

ITEM 6:   OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
 
                  None

ITEM 7:   IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
 
                  None

ITEM 8:   IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
 
                  None

ITEM 9:   NOTICE OF DISSOLUTION OF GROUP.
 
                  None
 
ITEM 10:  CERTIFICATIONS.

(a)
The following certification shall be included if the statement is filed pursuant to §240.13d-1(b):

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

(b)
The following certification shall be included if the statement is filed pursuant to §240.13d-1(b)(1)(ii)(J), or if the statement is filed pursuant to §240.13d-1(b)(1)(ii)(K) and a member of the group is a non-U.S. institution eligible to file pursuant to §240.13d-1(b)(1)(ii)(J).

By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to [insert particular category or institutional investor] is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

(c)
The following certification shall be included if the statement is filed pursuant to §240.13d-1(c):

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
 
 
 
 
CUSIP No. 13G Page  5 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.
 
     
       
Dated:  October 26, 2011
By:
/s/ Peter E. Lescord, III  
    Peter E. Lescord, III  
       

 
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