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 March 31, 2004

                                OR

[ ]   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  [  ]

As of May 5, 2004, the Registrant 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 and Reports on Form 8-K.................................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 and nine month periods ended March 31, 2004 and
2003 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 nine
month period ended March 31, 2004, 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

                          March 31, 2004




                                3
<PAGE>



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


                              ASSETS

                                                   March 31      June 30,
                                                     2004         2003
                                                ------------- -------------
                                                 (Unaudited)
Current Assets
  Cash                                          $     11,655  $     25,225
  Restricted Cash                                          -        15,000
                                                ------------- -------------

    Total Current Assets                              11,655        40,225

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

    Total Assets                                $    475,885  $    504,455
                                                ============= =============

               LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities
   Accounts Payable                             $     44,101  $     44,113
   Accrued Expenses                                   44,879        30,671
   Notes Payable                                     188,697       161,697
                                                ------------- -------------

    Total Current Liabilities                        277,677       236,481
                                                ------------- -------------

    Total Liabilities                                277,677       236,481
                                                ------------- -------------
STOCKHOLDERS' EQUITY
   Preferred Stock, Authorized 5,000,00
     Shares, $.01 Par Value, Issued and
     Outstanding 0 Shares                                  -             -
   Common Stock, $.001 par value; 70,000,000
     shares authorized;  39,050,000 and
     38,050,000 shares issued and outstanding
     respectively                                     39,050        38,050
   Additional Paid-in Capital                        461,380       452,380
   Deficit Accumulated During the
     Development Stage                              (302,222)     (222,456)
                                                ------------- -------------

    Total Stockholders' Equity                       198,208       267,974
                                                ------------- -------------

    Total Liabilities and Stockholders' Equity  $    475,885  $    504,455
                                                ============= =============



                                4


<PAGE>
<TABLE>
<CAPTION>
                          SUNCREST GLOBAL ENERGY CORP.
                      (Formerly Galaxy Specialties, Inc.)
                         (A Development Stage Company)
                            Statement of Operations
                                  (Unaudited)
                                                                                           From
                                                                                        Inception on
                               For the three  For the three  For the nine  For the nine   July 6,
                                months ended   months ended  months ended  months ended   1996 to
                                  March 31,     March 31,     March 31,     March 31,     March 31,
                                    2004           2003         2004           2003        2004
                               -------------- ------------- ------------- ------------- -------------

                            <c>            <c>           <c>           <c>           <c>
REVENUES                       $           -  $          -  $          -  $          -  $          -

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

Gross Profit (Loss)                        -             -             -             -             -
                               -------------- ------------- ------------- ------------- -------------
OPERATING EXPENSES
  General & Administrative             8,142             9        65,558        18,142       256,743
                               -------------- ------------- ------------- ------------- -------------

     Total Operating Expenses          8,142             9        65,558        18,142       256,743
                               -------------- ------------- ------------- ------------- -------------

   Net Operating Income (Loss)        (8,142)           (9)      (65,558)      (18,142)     (256,743)

Other Income (Expense)
  Interest Expense                    (5,000)       (3,557)      (14,208)      (15,703)      (44,779)
                               -------------- ------------- ------------- ------------- -------------
    Total Other Income (Expense)      (5,000)       (3,557)      (14,208)      (15,703)      (44,779)

Income Tax Expense                         -             -             -             -          (700)
                               -------------- ------------- ------------- ------------- -------------

Net Income (Loss)              $     (13,142) $     (3,566) $    (79,766) $    (33,845) $   (302,222)
                               ============== ============= ============= ============= =============

NET LOSS PER SHARE             $           -  $          -  $          -  $          -  $       (.02)
                               ============== ============= ============= ============= =============
WEIGHTED AVERAGE SHARES
  OUTSTANDING                     39,050,000    20,000,000    38,494,444    20,000,000    15,506,989
                               ============== ============= ============= ============= =============




                                       5
</TABLE>
<PAGE>
<TABLE>
<CAPTION>




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

                                                                                 From
                                                                                 Inception on
                                                     For the nine months ended   July 9, 1996
                                                              March  31,         Through
                                                          2004         2003      March 31, 2004
                                                     ------------- ------------- --------------

                                                  <c>           <c>           <c>
Cash Flows from Operating Activities:
  Net Income (Loss)                                  $    (79,766) $    (33,845) $    (302,222)
  Adjustments to Reconcile net Loss to Net Cash
   Provided by Operations:
     Stock Issued for Services                             10,000             -         10,000
  Change in Operating Assets and Liabilities:                   -             -              -
    (Increase) Decrease in:
    Accounts Receivable                                         -             -              -
    Inventory                                                   -             -              -
    Increase (Decrease) in:
    Accounts Payable & Accrued Expenses                    14,196        14,487         60,979
                                                     ------------- ------------- --------------

  Net Cash Provided (Used) by Operating Activities        (55,570)      (19,358)      (231,243)
                                                     ------------- ------------- --------------

  Net Cash Provided (Used) by Investing Activities              -             -              -
                                                     ------------- ------------- --------------
Cash Flows from Financing Activities:
  Proceeds from Issuance of Common Stock                        -             -          6,800
  Proceeds from Notes Payable                              27,000        55,000        281,098
  Principal Payments on Notes Payable                           -       (35,000)       (45,000)
                                                     ------------- ------------- --------------

  Net Cash Provided (Used) by Financing Activities         27,000        20,000        242,898
                                                     ------------- ------------- --------------

Increase (Decrease) in Cash                               (28,570)          642         11,655

Cash and Cash Equivalents at Beginning of Period           40,225         1,064              -
                                                     ------------- ------------- --------------

Cash and Cash Equivalents at End of Period           $     11,655  $      1,706  $      11,655
                                                     ============= ============= ==============
Supplemental Cash Flow Information:

  Cash Paid For:
    Interest                                         $          -  $          -  $           -
    Income Taxes                                     $          -  $          -  $         700

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




                                       6

</TABLE>
<PAGE>

                   Suncrest Global Energy Corp.
                  (A Development Stage Company)
                Notes to the Financial Statements
                          March 31, 2004


GENERAL

Suncrest Global Energy Corp. (the Company) has elected to omit substantially
all footnotes to the financial statements for the nine months ended March 31,
2004 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,
2003.

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.

COMMON STOCK

During December, 2003, the Company issued 1,000,000 shares of common stock for
services rendered valued at $10,000 (or $.01 per share).



                                7
<PAGE>

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



                    FORWARD LOOKING STATEMENTS

This quarterly report contains certain forward-looking statements and any
statements contained in this quarterly report that are not statements of
historical fact may be deemed to be forward-looking statements.  Without
limiting the foregoing, words such as "may,"  "expect," "believe,"
"anticipate," "estimate" or "continue" or comparable terminology are intended
to identify forward-looking statements.  These statements by their nature
involve substantial risks and uncertainties, and actual results may differ
materially depending on a variety of factors, many of which are not within
Suncrest Global's control.  These factors include but are not limited to
economic conditions generally and in the industries in which Suncrest Global
may participate, competition within Suncrest Global's chosen industry, and
failure by Suncrest Global to successfully develop business relationships.

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 nine month period ended March 31, 2004), we had $11,655
cash on hand and total assets of $475,885 which include property, plant and
equipment.  Our total current liabilities were $277,677 at March 31, 2004, and
primarily consist of $188,697 notes payable to third parties, $44, 879 accrued
expenses and $44,101 accounts payable.

We own a mini oil refinery located in Green River, Utah that we are in the
process of restoring to operational status.  A mini refinery uses a scaled
down, low cost refining and recycling process which processes crude oil or
recycles waste oils.  Our business plan is to restore our mini refinery's
operations, then develop a manufacturing and marketing plan to sell a turnkey
mini refinery or waste oil refinery to prospective customers.  We have
identified a market segment for our mini refinery where limited output volume,
limited feed stock and the limitations of large refinery equipment make the
location unattractive to large refiners.

Historically we have relied on advances from related parties to cover our
administrative, legal and accounting expenses.  During the nine month period
ended March 31, 2004, we borrowed $27,000 from related parties to continue the
restoration of our mini refinery.  However, as of the date of this filing the
mini refinery is not operational.  Management intends to use any future
funding to complete the restoration of the mini refinery; but if we are unable
to obtain funds on acceptable terms, then we might be forced to delay or
abandon some or all of our business plan.

Management believes advances and loans will provide funds for our operations
in the short term.  For the long term, we anticipate future funding will be a
combination of revenues from the mini refinery, once it is operational, and
loans or advances from related parties.  We may repay these loans, costs of
services 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 concluded that the disclosures related to the
effectiveness of our disclosure controls and procedures and our internal
control over financial reporting made in our reports for the 2004 fiscal year
remain accurate.


                                8

<PAGE>

                    PART II: OTHER INFORMATION

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

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)

Reports on Form 8-K

On February 13, 2004, we filed a current report on Form 8-K, dated February 9,
2004, under Item 4 related to a change of our independent auditor.  We amended
this report on March 16, 2004.


                            SIGNATURES

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


                                 SUNCREST GLOBAL ENERGY CORP.

                                 /S/ John W. Peters
Date: May 13, 2004           By: _______________________________________
                                 John W. Peters
                                 President, Principal Executive and
                                 Financial Officer and Director