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| Nevada                                                                                      | 52-2348956                                       |
|---------------------------------------------------------------------------------------------|--------------------------------------------------|
| (State or other jurisdiction of incorporation ororganization) | (IRS Employer Identification No.) |

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| Large accelerated filer |  ̈ |   | Accelerated filer         |  ̈ |
|-------------------------|--------|--------|---------------------------|--------|
| Non-accelerated filer   |  ̈ |   | Smaller Reporting Company | x      |

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|       |                                                                                                                                                                                | Page   |
|------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| PART I.    | FINANCIAL INFORMATION                                                                                                                                                               |   |
|       |                                                                                                                                                                                |   |
| Item 1.    | Unaudited Financial Statements                                                                                                                                                      | 3      |
|       |                                                                                                                                                                                |   |
|       | Balance Sheets as of March 31, 2011 and December 31, 2010 (unaudited)                                                                                                               | 3      |
|       |                                                                                                                                                                                |   |
|       | Statements of Operations for the Three Months Ended  March 31, 2011 and 2010, and from re-entering the development stage, February 29, 2008 to March 31, 2011 (unaudited) | 4      |
|       |                                                                                                                                                                                |   |
|       | Statements of Cash Flows for the Three Months Ended  March 31, 2011 and 2010, and from re-entering the development stage, February 29, 2008 to March 31, 2011 (unaudited) | 5      |
|       |                                                                                                                                                                                |   |
|       | Notes to Unaudited Financial Statements                                                                                                                                             | 6      |
|       |                                                                                                                                                                                |   |
| Item 2.    | Management’s Discussion and Analysis or Plan of Operation                                                                                                                     | 9      |
|       |                                                                                                                                                                                |   |
| Item 3.    | Quantitative and Qualitative Disclosure about Market Risk                                                                                                                           | 10     |
|       |                                                                                                                                                                                |   |
| Item 4.    | Controls and Procedures                                                                                                                                                             | 10     |
|       |                                                                                                                                                                                |   |
| PART II.   | OTHER INFORMATION                                                                                                                                                                   |   |
|       |                                                                                                                                                                                |   |
| Item 1.    | Legal Proceedings                                                                                                                                                                   | 10     |
|       |                                                                                                                                                                                |   |
| Item 2.    | Unregistered Sales of Equity Securities and Use of Proceeds                                                                                                                         | 10     |
|       |                                                                                                                                                                                |   |
| Item 3.    | Defaults Upon Senior Securities                                                                                                                                                     | 11     |
|       |                                                                                                                                                                                |   |
| Item 4.    | (Removed and Reserved).                                                                                                                                                             | 11     |
|       |                                                                                                                                                                                |   |
| Item 5.    | Other Information                                                                                                                                                                   | 11     |
|       |                                                                                                                                                                                |   |
| Item 6.    | Exhibits                                                                                                                                                                            | 11     |
|       |                                                                                                                                                                                |   |
| Signatures | 11                                                                                                                                                                                  |

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|                                                                                                                     |   | March 31,2011 |       |   | December 31,2010 |   |
|--------------------------------------------------------------------------------------------------------------------------|--------|--------------------|------------|--------|-----------------------|--------|
| ASSETS                                                                                                                   |   |               |       |   |                  |   |
| Current Assets                                                                                                           |   |               |       |   |                  |   |
| Cash                                                                                                                     |   | $                  | -          |   |                  | $      | - |   |
| Total Current Assets                                                                                                     |   |               | -          |   |                  |   | - |   |
|                                                                                                                     |   |               |       |   |                  |   |   |   |
| TOTAL ASSETS                                                                                                             |   | $                  | -          |   |                  | $      | - |   |
|                                                                                                                     |   |               |       |   |                  |   |   |   |
| LIABILITIES AND STOCKHOLDERS' DEFICIT                                                                                    |   |               |       |   |                  |   |   |   |
|                                                                                                                     |   |               |       |   |                  |   |   |   |
| Current Liabilities                                                                                                      |   |               |       |   |                  |   |   |   |
| Accrued liabilities                                                                                                      |   | $                  | -          |   |                  | $      | - |   |
| Note payable                                                                                                             |   |               | 25,000     |   |                  |   | 25,000 |   |
| Total Current Liabilities                                                                                                |   |               | 25,000     |   |                  |   | 25,000 |   |
|                                                                                                                     |   |               |       |   |                  |   |   |   |
| Stockholders' Deficit                                                                                                    |   |               |       |   |                  |   |   |   |
| Common stock, $.001 par value, 50,000,000 shares authorized, 295,278  shares issued and outstanding in both periods |   |               | 295        |   |                  |   | 295 |   |
| Paid-in capital                                                                                                          |   |               | 1,961,248  |   |                  |   | 1,956,558 |   |
| Accumulated deficit from development stage                                                                               |   |               | (73,680    | )      |                  |   | (68,990 | ) |
| Accumulated deficit from prior operations                                                                                |   |               | (1,912,863 | )      |                  |   | (1,912,863 | ) |
| Total Stockholders' Deficit                                                                                              |   |               | (25,000    | )      |                  |   | (25,000 | ) |
|                                                                                                                     |   |               |       |   |                  |   |   |   |
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                                                                              |   | $                  | -          |   |                  | $      | - |   |

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|                                |   |                                       |    |   | Re-entering              |   |
|-------------------------------------|--------|--------------------------------------------|---------|--------|--------------------------|--------|
|                                |   | Three Months EndedMarch 31, |    |   | DevelopmentStage to |   |
|                                |   | 2011                                       |    |   | 2010                     |   |   | March 31, 2011 |   |
|                                |   |                                       |    |   |                     |   |   |   |   |
| Revenue                             |   | $                                          | -       |   |                     | $      | - |   |   | $ | - |   |
| Cost of goods sold                  |   |                                       | -       |   |                     |   | - |   |   |   | - |   |
| Gross profit                        |   |                                       | -       |   |                     |   | - |   |   |   | - |   |
|                                |   |                                       |    |   |                     |   |   |   |   |   |   |   |
| Expenses:                           |   |                                       |    |   |                     |   |   |   |   |   |   |   |
| General and administrative costs    |   |                                       | 4,190   |   |                     |   | 4,067 |   |   |   | 69,180 |   |
| Total operating expense             |   |                                       | 4,190   |   |                     |   | 4,067 |   |   |   | 69,180 |   |
| Operating Loss                      |   |                                       | (4,190  | )      |                     |   | (4,067 | ) |   |   | (69,180 | ) |
|                                |   |                                       |    |   |                     |   |   |   |   |   |   |   |
| Interest expense                    |   |                                       | 500     |   |                     |   | 500 |   |   |   | 4,500 |   |
|                                |   |                                       |    |   |                     |   |   |   |   |   |   |   |
| NET LOSS                            |   | $                                          | (4,690  | )      |                     | $      | (4,567 | ) |   | $ | (73,680 | ) |
|                                |   |                                       |    |   |                     |   |   |   |   |   |   |   |
| Basic and diluted loss per share    |   | $                                          | (0.02   | )      |                     | $      | (0.02 | ) |   |   |   |   |
| Weighted average shares outstanding |   |                                       | 295,278 |   |                     |   | 295,278 |   |   |   |   |   |

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|                                                                    |   | Three Months EndedMarch 31, |   |   | Re-enteringDevelopment Stage |   |
|-------------------------------------------------------------------------|--------|--------------------------------------------|--------|--------|-----------------------------------|--------|
|                                                                    |   | 2011                                       |   |   | 2010                              |   |   | to March 31, 2011 |   |
| Cash Flows from Operating Activities                                    |   |                                       |   |   |                              |   |   |   |   |
| Net loss from operations                                                |   | $                                          | (4,690 | )      |                              | $      | (4,567 | ) |   | $ | (73,680 | ) |
| Adjustments to reconcile net loss to cash used in operating activities: |   |                                       |   |   |                              |   |   |   |   |   |   |   |
| Imputed interest on note payable                                        |   |                                       | 500    |   |                              |   | 500 |   |   |   | 5,499 |   |
|                                                                    |   |                                       |   |   |                              |   |   |   |   |   |   |   |
| Note payable issued for legal expenses                                  |   |                                       | -      |   |                              |   | - |   |   |   | 25,000 |   |
| Net cash used in operating activities                                   |   |                                       | (4,190 | )      |                              |   | (4,067 | ) |   |   | (43,181 | ) |
|                                                                    |   |                                       |   |   |                              |   |   |   |   |   |   |   |
| Cash Flows from Investing Activities                                    |   |                                       |   |   |                              |   |   |   |   |   |   |   |
| Net cash used in investing activities                                   |   |                                       | -      |   |                              |   | - |   |   |   | - |   |
|                                                                    |   |                                       |   |   |                              |   |   |   |   |   |   |   |
| Cash Flows from Financing Activities                                    |   |                                       |   |   |                              |   |   |   |   |   |   |   |
| Donated capital                                                         |   |                                       | 4,190  |   |                              |   | 4,067 |   |   |   | 43,181 |   |
| Net cash provided by financing activities                               |   |                                       | 4,190  |   |                              |   | 4,067 |   |   |   | 43,181 |   |
|                                                                    |   |                                       |   |   |                              |   |   |   |   |   |   |   |
| Net change in cash                                                      |   |                                       | -      |   |                              |   | - |   |   |   | - |   |
| Cash at beginning of period                                             |   |                                       | -      |   |                              |   | - |   |   |   | - |   |
| Cash at end of period                                                   |   | $                                          | -      |   |                              | $      | - |   |   | $ | - |   |
|                                                                    |   |                                       |   |   |                              |   | - |   |   |   |   |   |
| Supplemental Disclosures of Cash Flow Information                       |   |                                       |   |   |                              |   |   |   |   |   |   |   |
| Cash paid for interest                                                  |   | $                                          | -      |   |                              | $      | - |   |   | $ | - |   |
| Cash paid for income taxes                                              |   |                                       | -      |   |                              |   | - |   |   |   | - |   |

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|   | · | Our projected sales and profitability, |
|--------|--------|----------------------------------------|

|   | · | Our growth strategies, |
|--------|--------|------------------------|

|   | · | Anticipated trends in our industry, |
|--------|--------|-------------------------------------|

|   | · | Our future financing plans, and |
|--------|--------|---------------------------------|

|   | · | Our anticipated needs for working capital. |
|--------|--------|--------------------------------------------|

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| Exhibit |   | Item                                                                                                                              |
|---------|--------|-----------------------------------------------------------------------------------------------------------------------------------|
| 31.1    |   | Certification of Principal Executive and Principal Financial Officer pursuant to Section 302(a) of the Sarbanes-Oxley Act of 2002 |
| 32.1*   |   | Certification of Principal Executive and Principal Financial Officer pursuant to Section 302(a) of the Sarbanes-Oxley Act of 2002 |

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|                    | SPUTNIK ENTERPRISES,INC. |
|-------------------------|--------------------------|
|                    |                     |   |
| Date: May 10, 2011 | By:            | /s/ David LaDuke |
|                    |                     | (Authorized Officer and Principal Executive Officer) |

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| Exhibit |   | Item                                                                                                                              |
|---------|--------|-----------------------------------------------------------------------------------------------------------------------------------|
| 31.1    |   | Certification of Principal Executive and Principal Financial Officer pursuant to Section 302(a) of the Sarbanes-Oxley Act of 2002 |
| 32.1*   |   | Certification of Principal Executive and Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002    |

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