FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * Lazar Terry   2. Issuer Name and Ticker or Trading Symbol PureSafe Water Systems, Inc. [PSWS] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Financial Officer (Last) (First) (Middle) 25 FAIRCHILD AVE., SUITE 250 3. Date of Earliest Transaction (Month/Day/Year) 02/07/2011 (Street) PLAINVIEW, NY 11803 4. If Amendment, Date Original Filed(Month/Day/Year) 03/31/2011 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Note

$ 0.139

02/07/2011

P

359,712

02/07/2011

02/07/2012

Common Stock

359,712

$ 50,000

8,662,085

D (1)

Warrant s

$ 0.139

02/07/2011

P

89,928

02/07/2011

02/07/2016

Common Stock

89,928

$ 0

8,752,013

D

Note

$ 0.122

03/16/2011

P

696,721

03/16/2011

03/16/2012

Common Stock

696,721

$ 85,000

9,448,734

D (1)

Warrants

$ 0.122

03/16/2011

P

174,180

03/16/2011

03/16/2016

Common Stock

174,180

$ 0

9,622,914

D

Note

$ 0.12

03/28/2011

P

333,333

03/28/2011

03/28/2012

Common Stock

333,333

$ 40,000

9,956,247

D (1)

Warrants

$ 0.12

03/28/2011

P

83,333

03/28/2011

03/28/2016

Common Stock

83,333

$ 0

10,039,580

D

Warrants

(1)

(1)

(1)

Common Stock (1)

95,238 (1)

95,238

I (2)

See Footnote

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Lazar Terry 25 FAIRCHILD AVE. SUITE 250 PLAINVIEW, NY 11803	X		Chief Financial Officer

Signatures

/s/ Terry Lazar		04/04/2011
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Mr. Lazar holds four convertible notes in the principal amounts of $100,000; $50,000; $85,000; and $40,000 each, due April 7, 2011, February 7, March 16, and March 28, 2011, respectively, convertible into an aggregate of 3,084,681 shares of common stock. Such notes were issued with five-year warrants to purchase aggregate of 778,475 shares of common stock.
(2)	Mr. Lazar owns beneficially warrants to purchase 95,238 shares of common stock by reason of his 1/3 ownership in LST Partners which owns such warrants directly.

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