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

                           FORM 10-QSB

[X]      QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
         EXCHANGE ACT OF 1934

         For the quarterly period ended September 30, 2005


[ ]      TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
         EXCHANGE ACT OF 1934

         Commission File No.000-31355

                   SUNCREST GLOBAL ENERGY CORP.
          (Name of small business issuer in its charter)

                NEVADA                          81-0438093
        (State of incorporation)    (I.R.S. Employer Identification No.)

3353 South Main, #584, Salt Lake City, Utah     84115
(Address of principal executive offices)        (Zip code)

Issuer's telephone number:  (702) 946-6760

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.  Yes  [X]   No  [ ]

Indicate by check mark whether the registrant is a shell company (as defined
in Rule 12b-2 of the Exchange Act).   Yes [ ]   No [X]

As of October 25, 2005, Suncrest Global Energy Corp. had a total of 39,050,000
shares of common stock issued and outstanding.

Transitional small business disclosure format:  Yes [ ]  No [X]

<PAGE>


                        TABLE OF CONTENTS

                  PART I: FINANCIAL INFORMATION

Item 1.  Financial Statements.............................................2

Item 2.  Plan of Operations...............................................8

Item 3.  Controls and Procedures..........................................8

                    PART II: OTHER INFORMATION

Item 6.  Exhibits.........................................................9

Signatures................................................................9





                 _______________________________




                  PART I: FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

The financial information set forth below with respect to our statements of
operations for the three month periods ended September 30, 2005 and 2004 are
unaudited.  This financial information, in the opinion of management, includes
all adjustments consisting of normal recurring entries necessary for the fair
presentation of such data.  The results of operations for the three month
period ended September 30, 2005 are not necessarily indicative of results to
be expected for any subsequent period.



                                2

<PAGE>






                   Suncrest Global Energy Corp.

               (Formerly Galaxy Specialties, Inc.)

                  (A Development Stage Company)

                       Financial Statements

                        September 30, 2005


                                3

<PAGE>



                   SUNCREST GLOBAL ENERGY CORP.
                   A Development Stage Company)
                          Balance Sheets

                              ASSETS

                                                    September 30,   June 30,
                                                        2005          2005
                                                   ------------- -------------
                                                    (Unaudited)
Current Assets
  Cash                                             $      3,249  $      8,981
  Restricted Cash                                             -             -
                                                   ------------- -------------
    Total Current Assets                                  3,249         8,981

Property, Plant and Equipment, net                      464,230       464,230
                                                   ------------- -------------

    Total Assets                                   $    467,479  $    473,211
                                                   ============= =============

               LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities
  Accounts Payable                                       50,700        43,700
  Accrued Expenses                                       73,164        68,336
  Advance Sale Deposit                                        -        10,000
  Notes Payable                                         188,697       188,697
                                                   ------------- -------------

    Total Current Liabilities                           312,561       310,733
                                                   ------------- -------------

    Total Liabilities                                   312,561       310,733
                                                   ------------- -------------
STOCKHOLDERS' EQUITY
  Preferred Stock,
   Authorized 5,000,000 Shares, $.01 Par Value,
   Issued and Outstanding -0- Shares                          -             -
  Common Stock,
   Authorized 70,000,000 Shares, $.001 Par Value,
   Issued and Outstanding 39,050,000 Shares              39,050        39,050
  Additional Paid-in Capital                            461,380       461,380
  Deficit Accumulated During the Development Stage     (345,512)     (337,952)
                                                   ------------- -------------

    Total Stockholders' Equity (deficit)                154,918       162,478
                                                   ------------- -------------

    Total Liabilities and Stockholders' Equity     $    467,479  $    473,211
                                                   ============= =============


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<PAGE>






                   SUNCREST GLOBAL ENERGY CORP.
               (Formerly Galaxy Specialties, Inc.)
                  (A Development Stage Company)
                     Statement of Operations
                           (Unaudited)

                                   For the       For the       From
                                   three months  three months  Inception on
                                   ended         ended         July 9, 1996
                                   September 30, September 30, to Sept. 30,
                                   2005          2004          2005
                                   ------------- ------------- -------------
REVENUES                           $          -  $          -  $          -

Cost of Sales                                 -             -             -
                                   ------------- ------------- -------------

Gross Profit (Loss)                           -             -             -
                                   ------------- ------------- -------------

OPERATING EXPENSES
  Engineering & Consulting                    -             -        46,269
  General & Administrative                2,732         1,607       225,379
                                   ------------- ------------- -------------

    Total Operating Expenses              2,732         1,607       271,648
                                   ------------- ------------- -------------

    Net Operating Income (Loss)          (2,732)       (1,607)     (271,648)

Other Income (Expense)
  Interest Expense                       (4,828)       (4,755)      (73,064)
                                   ------------- ------------- -------------
    Total Other Income (Expense)         (4,828)       (4,755)      (73,064)

Income Tax Expense                            -             -          (800)
                                   ------------- ------------- -------------

  Net Income (Loss)                $     (7,560) $     (6,362) $   (345,512)
                                   ============= ============= =============

NET LOSS PER SHARE                 $          -  $          -  $      (0.02)
                                   ============= ============= =============

WEIGHTED AVERAGE SHARES OUTSTANDING  39,050,000    39,050,000    19,116,825
                                   ============= ============= =============


                                5

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<TABLE>
<CAPTION>


                   SUNCREST GLOBAL ENERGY CORP.
                  (A Development Stage Company)
                     Statement of Cash Flows
                           (Unaudited)

                                                                        From
                                                                        Inception on
                                            For the three months ended  July 9, 1996
                                                  September 30,         Through
                                                 2005        2004       Sept. 30, 2005
                                           -------------- ------------- --------------

                                        <c>            <c>           <c>
Cash Flows from Operating Activities
 Net Income (Loss)                         $      (7,560) $     (6,362) $    (345,512)
 Adjustments to Reconcile Net Loss
  to Net Cash Provided by Operations:
   Stock issued for services                           -             -         10,000
 Change in Operating Assets and Liabilities:
  (Increase) Decrease in:
  Accounts Receivable                                  -             -              -
  Inventory                                            -             -              -
  Increase (Decrease) in:
  Accounts Payable & Accrued Expenses             11,828         4,654         95,863
                                           -------------- ------------- --------------
  Net Cash Provided (Used) by
  Operating Activities                             4,268        (1,708)      (239,649)
                                           -------------- ------------- --------------

Cash Flows from Investing Activities
  Advance Sale Deposit                           (10,000)            -              -
                                           -------------- ------------- --------------
  Net Cash Provided (Used) by
  Investing Activities                           (10,000)            -              -
                                           -------------- ------------- --------------
Cash Flows from Financing Activities:
  Proceeds from Issuance of Common Stock               -             -          6,800
  Proceeds from Notes Payable                          -             -        281,098
  Principal Payments on Notes Payable                  -             -        (45,000)
                                           -------------- ------------- --------------
  Net Cash Provided (Used) by
  Financing Activities                                 -             -        242,898
                                           -------------- ------------- --------------
Increase (Decrease) in Cash                       (5,732)       (1,708)         3,249

Cash and Cash Equivalents at
  Beginning of Period                              8,981         9,330              -
                                           -------------- ------------- --------------

Cash and Cash Equivalents at End of Period $       3,249  $      7,682  $       3,249
                                           ============== ============= ==============
Supplemental Cash Flow Information:

  Cash Paid For:
    Interest                               $           -  $          -  $           -
    Income Taxes                           $           -  $          -  $         800

  Non-Cash Investing and Financing Activities:
    Assets Contributed by Shareholder      $           -  $          -  $     498,430
    Stock Issued fo Notes Payable          $           -  $          -  $      13,200




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</TABLE>
<PAGE>


                   Suncrest Global Energy Corp.
                  (A Development Stage Company)
                Notes to the Financial Statements
                        September 30, 2005


GENERAL

Suncrest Global Energy Corp. (the Company) has elected to omit substantially
all footnotes to the financial statements for the three months ended September
30, 2005 since there have been no material changes (other than indicated in
other footnotes) to the information previously reported by the Company in
their Annual Report filed on the Form 10-KSB for the twelve months ended June
30, 2005.

UNAUDITED INFORMATION

The information furnished herein was taken from the books and records of the
Company without audit.  However, such information reflects all adjustments
which are, in the opinion of management, necessary to properly reflect the
results of the interim period presented.  The information presented is not
necessarily indicative of the results from operations expected for the full
fiscal year.


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<PAGE>

In this quarterly report references to "Suncrest Global," "we," "us," and
"our" refer to Suncrest Global Energy Corp.

        SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

The Securities and Exchange Commission ("SEC") encourages companies to
disclose forward-looking information so that investors can better understand
future prospects and make informed investment decisions.  This report contains
these types of statements.  Words such as "may," "will," "expect," "believe,"
"anticipate," "estimate," "project," or "continue" or comparable terminology
used in connection with any discussion of future operating results or
financial performance identify forward-looking statements.  You are cautioned
not to place undue reliance on the forward-looking statements, which speak
only as of the date of this report.  All forward-looking statements reflect
our present expectation of future events and are subject to a number of
important factors and uncertainties that could cause actual results to differ
materially from those described in the forward-looking statements.


ITEM 2.  PLAN OF OPERATION

We are a development stage company, have not recorded revenues in the past two
fiscal years and have suffered losses since our inception.  Our auditors have
expressed doubt that we can continue as a going concern if we do not obtain
financing.  At the three month period ended September 30, 2005, we had $3,249
cash on hand and total assets of $467,479, which include property, plant and
equipment of $464,230.  Our total current liabilities were $312,561 at
September 30, 2005, and consist of $188,697 notes payable to third parties,
$73,164 accrued expenses and $50,700 accounts payable.

Our business plan is to develop a manufacturing and marketing plan to sell a
turnkey mini oil refinery or waste oil refinery to prospective customers.  We
have entered into an agreement to sell our mini oil refinery prototype, land
and assets related to the property located in Green River, Utah.  However, the
agreement provides for a closing date of June 2006 and we cannot assure you
that the sale will be consummated.  Therefore, we intend to continue to focus
our efforts on the development of the mini oil refinery proprietary process
and operations.  If the sale is closed, then management believes that we will
rely on the proceeds from the sale of our mini refinery to fund operations and
continue the development of a marketing plan to sell our proprietary process
for mini oil refineries to customers.  If the agreement does not close, then
we anticipate that we will raise funds to continue development of the mini oil
refinery proprietary process.

Management anticipates that the sale of our mini refinery in 2006 will provide
proceeds for five years after the closing that we may use for further
development of our proprietary process and marketing plan.  For the short term
we likely will rely on loans or advances from other parties to fund our
operations.  We may repay these loans and advancements with cash, if
available, or we may convert them into common stock.

Additional capital may also be provided by private placements of our common
stock.  We expect that any private placement of stock will be issued pursuant
to exemptions provided by federal and state securities laws.  The purchasers
and manner of issuance will be determined according to our financial needs and
the available exemptions. We also note that if we issue more shares of our
common stock our shareholders may experience dilution in the value per share
of their common stock.

ITEM 3.  CONTROLS AND PROCEDURES

Our President, who acts in the capacity of principal executive officer and
principal financial officer, has evaluated the effectiveness of our disclosure
controls and procedures as of the end of the period covered by this report.
Based on that evaluation, he concluded that our disclosure controls and
procedures were effective.

Our President also determined that there were no changes made in our internal
controls over financial reporting during the first quarter of 2006 that have
materially affected, or are reasonably likely to materially affect our
internal control over financial reporting.


                                8

<PAGE>


                    PART II: OTHER INFORMATION

ITEM 6.  EXHIBITS

Part I Exhibits

31.1    Principal Executive Officer Certification
31.2    Principal Financial Officer Certification
32.1    Section 1350 Certification

Part II Exhibits

2.1     Agreement and Plan of Reorganization between Suncrest Global and
        Coyote Oil, dated June 10, 2003 (Incorporated by reference to exhibit
        2.1 of Form 8-K, as amended, filed June 16, 2003)
3.1     Restated Articles of Incorporation (Incorporated by reference to
        exhibit 3.1 of Form 10-KSB, filed October 15, 2003)
3.2     Restated bylaws of Suncrest Global (Incorporated by reference to
        exhibit 3.2 of Form 10-KSB, filed October 15, 2003)


                            SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.


                                   SUNCREST GLOBAL ENERGY CORP.

                                     /s/ John W. Peters
Date: November 8, 2005          By: _______________________________________
                                    John W. Peters
                                    President, Principal Executive Officer,
                                    Principal Financial Officer, and Director



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