UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): ~~August~~February 2921, ~~2012~~2013

SAVOY ENERGY CORPORATION

(Exact Name of Registrant as Specified in its Charter)

Nevada	001-34710	26-0429687
(State or Other Jurisdiction	(Commission File No.)	(I.R.S. Employer
of Incorporation)		Identification No.)

2100 West Loop South, Ste. 900, Houston, Texas	77027
(Address of Principal Executive Offices)	(Zip Code)

Registrant's telephone number, including area code: (713) 243-8788

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[__]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[__]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[__]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[__]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

4ITEM 8.0201 ~~Non-Reliance~~OTHER ~~on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review~~EVENTS.

~~The~~Effective ~~Principal~~February ~~Financial~~21, ~~Officer~~2013, of Savoy Energy Corporation (the “~~Registrant~~Company”) ~~has made a determination that the consolidated financial statements of the Registrant as of December 31, 2010~~ and ~~for~~ASL ~~the~~Energy ~~year~~Corp. ~~then~~(“ASL”) ~~ended~~mutually asagreed ~~contained~~to innot ~~its~~renew ~~Annual~~a ~~Report~~services onagreement ~~Form~~previously ~~10-K/A, as well as the consolidated financial statements filed~~ in ~~Form~~place ~~10-Q~~between ~~for~~ the ~~periods~~parties. ~~ending~~ASL ~~March~~will ~~31,~~remain ~~2011,~~a ~~June~~creditor ~~30, 2011~~ and ~~September~~shareholder ~~30, 2011, should no longer be relied upon because~~ of ~~errors in such reports. This conclusion was reached in August 2012, in connection with~~ the ~~preparation~~Company ofmoving ~~Form 10-K for the fiscal year ended December 31, 2011~~forward.

~~The~~Also ~~consolidated~~effective ~~financial~~February ~~statements for the year ended December 31~~21, ~~2010 included $35~~2013,~~000~~ asthe ~~compensation~~Company ~~expense,~~and ~~that~~ASL ~~was~~entered ~~erroneously~~into ~~recorded as~~ a ~~reduction~~Letter inAgreement ~~paid in capital; related~~ to ~~payments~~document ~~made pursuant to an agreement with a shareholder~~ and ~~working~~confirm ~~interest participant in~~ certain ~~oil~~amounts ~~and~~owed ~~gas~~by ~~properties to allow~~ the ~~shareholder~~Company to ~~put~~ASL ~~their interest~~ in ~~the~~connection ~~properties~~with tofees ~~the~~previously ~~Company.~~due ~~Additionally~~to ASL, ~~the~~amounts ~~Company~~which isASL ~~correcting~~has anpaid ~~error~~and inhas ~~accounting~~agreed ~~for~~to ~~certain~~pay ~~convertible~~on ~~promissory~~behalf ~~notes.~~of ~~The~~the ~~convertible~~Company, ~~promissory~~which ~~notes~~the ~~contained~~Company ~~conversion~~has ~~features~~agreed ~~that~~to ~~would~~reimburse ~~require the Registrant~~ to ~~issue~~ASL, ~~common~~which ~~shares~~total ~~upon~~fees ~~exercise~~and ofreimbursements ~~the~~total ~~conversion~~$37,500 ~~feature~~owed ~~that~~under ~~would~~certain ~~exceed~~outstanding ~~the~~Convertible ~~Registrant’s~~Promissory ~~authorized~~Notes ~~common~~(notwithstanding ~~shares.~~additional Asamounts aoutstanding ~~result~~to ~~the~~ASL ~~restated~~under ~~consolidated~~certain ~~financial~~other ~~statements will include a derivative liability and a discount to~~ convertible promissory notes ~~(the “note discount”~~), asand ~~well as an increase~~ to ~~interest~~confirm ~~expense~~and ~~for~~acknowledge ~~the~~certain ~~related~~other ~~amortization of the note discount~~matters.

The ~~effect~~Company ofadvised ~~the~~ASL ~~restatement~~that ~~increased~~lawsuits ~~total~~were ~~liabilities~~recently byfiled ~~$14~~against the Company and,~~498~~ separately, ~~increased~~against ~~paid~~Arthur inBertagnolli, ~~capital~~the byCompany’s ~~$35,000~~Chief ~~and~~Executive ~~increased~~Officer. The ~~the~~Company ~~net~~advised ~~loss~~ASL ~~for~~that ~~the~~it ~~year~~did ~~ended~~not ~~December~~have ~~31,~~sufficient ~~2010~~available byfunds ~~$49,518~~to retain counsel and ASL agreed to lend the Company such required funds.

aThe Company also committed to ASL to become current with its required filings with the Secretary of State of Nevada and to bring the Company into “good standing” not later than close of business on February 21, 2013 (which action has been completed to date), ~~Balance~~such ~~sheet~~that certain corporate actions could occur, including but not limited to, beginning a process, with shareholder approval, to increase the authorized shares of the Company in order to provide sufficient authorized but unissued shares of common stock to allow for the issuance of shares in connection with exercise and conversion, as applicable, of outstanding warrants and convertible securities, as well as allowing for other corporate actions. The Company also agreed to provide ASL priority to the Company’s currently available authorized but unissued shares of common stock.

LIABILITIES AND STOCKHOLDERS’ DEFICIT
CURRENT LIABILITIES
Notes payable, net of note discount of $79,130		518,000		95,500	16,370		438,870
Derivative liability				6,653	100,281		93,627
Total current liabilities		903,781		102,153	116,651		918,279
TOTAL LIABILITIES		912,336		102,153	116,651		926,834
STOCKHOLDERS’ DEFICIT
Additional paid-in-capital		1,797,657		0	35,000		1,832,657
Accumulated deficit		(2,699,415	)	56,151	6,653		(2,748,913	)
Total stockholders’ deficit		(838,112	)	56,151	41,653		(852,610	)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	74,224		158,304	158,304	$	74,224

The Company and Mr. Bertagnolli (who holds Series A Preferred Stock providing him majority voting control over the Company as described below) agreed to execute those documents necessary to authorize the increase provided that the Company will need to seek funding from other sources for any costs associated with this corporate action and other matters. ASL has no obligation to provide additional funding to the Company for this or any purpose.

~~-2-~~The Company would like to thank ASL for its service to the Company over the past year and compliment ASL on the level of service provided.

b) Statement of operations

	As reported			Adjustments				As adjusted
General and administrative expense		1,252,698			35,000				1,287,698
Total costs and expenses		984,661			35,000		0		1,019,661
Operating loss		(928,200	)		(35,000	)	0		(963,200	)
OTHER EXPENSES
Interest expense		(11,385	)		(21,151	)	0		(32,536	)
Change in fair value of liability expense							6,653		6,653
Total other expenses		(189,223	)		56,151		6,653		(203,721	)
Net loss	$	(1,117,423	)		56,151		6,653		(1,170,666	)

The Registrant does not have an audit committee; however, the Principal Financial Officer discussed with the Registrant’s auditors the matters which are the subject of this filing.

The Company is continuing to work on filing amended financial statements for the above mentioned periods.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

	SAVOY ENERGY CORPORATION
DATE: August 31, 2012	By:	/s/ Arthur Bertagnolli
DATE: February 21, 2013	By:	/s/ Arthur Bertagnolli
		Arthur Bertagnolli
		President and Chief Executive Officer

-3-

Filing Compare · Savoy Energy Corp