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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 June 30, 2009 and December 31, 2008    (unaudited)                                                                                                                  | 3      |
|          |                                                                                                                                                                                          |   |
|          | Statements      of Operations for the Three and Six Months Ended June 30, 2009 and 2008,      and from re-entering the development stage, February 29, 2008 to June 30,      2009 (unaudited) | 4      |
|          |                                                                                                                                                                                          |   |
|          | Statements      of Cash Flows for the Three and Six Months Ended June 30, 2009 and 2008,      and from re-entering the development stage, February 29, 2008 to June 30,      2009 (unaudited) | 5      |
|          |                                                                                                                                                                                          |   |
|          | Notes      to Unaudited Financial Statements                                                                                                                                                  | 6      |
|          |                                                                                                                                                                                          |   |
| Item      2.  | Management’s      Discussion and Analysis or Plan of Operation                                                                                                                          | 7      |
|          |                                                                                                                                                                                          |   |
| Item      3.  | Quantitative      and Qualitative Disclosure about Market Risk                                                                                                                                | 8      |
|          |                                                                                                                                                                                          |   |
| Item      4.  | Controls      and Procedures                                                                                                                                                                  | 8      |
|          |                                                                                                                                                                                          |   |
| PART      II. | OTHER      INFORMATION                                                                                                                                                                        |   |
|          |                                                                                                                                                                                          |   |
| Item      1.  | Legal      Proceedings                                                                                                                                                                        | 8      |
|          |                                                                                                                                                                                          |   |
| Item      2.  | Unregistered      Sales of Equity Securities and Use of Proceeds                                                                                                                              | 9      |
|          |                                                                                                                                                                                          |   |
| Item      3.  | Defaults      Upon Senior Securities                                                                                                                                                          | 10     |
|          |                                                                                                                                                                                          |   |
| Item      4.  | Submission      of Matters to a Vote of Security Holders                                                                                                                                      | 10     |
|          |                                                                                                                                                                                          |   |
| Item      5.  | Other      Information                                                                                                                                                                        | 10     |
|          |                                                                                                                                                                                          |   |
| Item      6.  | Exhibits                                                                                                                                                                                      | 10     |
|          |                                                                                                                                                                                          |   |
| Signatures    |                                                                                                                                                                                          | 10     |

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|                                                                                                                         |   | June 30,2009 |       |   | December 31,2008 |   |
|------------------------------------------------------------------------------------------------------------------------------|--------|--------------|------------|--------|------------------|--------|
| ASSETS                                                                                                                       |   |         |       |   |             |   |
| Current      Assets                                                                                                          |   |         |       |   |             |   |
| Cash                                                                                                                         |   | $            | -          |   |             | $      | - |   |
| Total      Current Assets                                                                                                    |   |         | -          |   |             |   | - |   |
|                                                                                                                         |   |         |       |   |             |   |   |   |
| TOTAL      ASSETS                                                                                                            |   | $            | -          |   |             | $      | - |   |
|                                                                                                                         |   |         |       |   |             |   |   |   |
| LIABILITIES      AND STOCKHOLDERS' DEFICIT                                                                                   |   |         |       |   |             |   |   |   |
|                                                                                                                         |   |         |       |   |             |   |   |   |
| Current      Liabilities                                                                                                     |   |         |       |   |             |   |   |   |
| Accrued      liabilities                                                                                                     |   | $            | -          |   |             | $      | 1,940 |   |
| Note      payable                                                                                                            |   |         | 25,000     |   |             |   | 25,000 |   |
| Total      Current Liabilities                                                                                               |   |         | 25,000     |   |             |   | 26,940 |   |
|                                                                                                                         |   |         |       |   |             |   |   |   |
| Stockholders'      Deficit                                                                                                   |   |         |       |   |             |   |   |   |
| Common      stock, $.001 par value, 50,000,000 shares authorized, 295,286 shares      issued and outstanding in both periods |   |         | 295        |   |             |   | 295 |   |
| Paid-in      capital                                                                                                         |   |         | 1,938,924  |   |             |   | 1,932,090 |   |
| Accumulated      deficit from development stage                                                                              |   |         | (51,356    | )      |             |   | (46,462 | ) |
| Accumulated      deficit from prior operations                                                                               |   |         | (1,912,863 | )      |             |   | (1,912,863 | ) |
| Total      Stockholders' Deficit                                                                                             |   |         | (25,000    | )      |             |   | (26,940 | ) |
|                                                                                                                         |   |         |       |   |             |   |   |   |
| TOTAL      LIABILITIES AND STOCKHOLDERS' DEFICIT                                                                             |   | $            | -          |   |             | $      | - |   |

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|                                                                                   |   | Three      Months Ended |        |   | Six      Months Ended |   |        | Re-enteringDevelopment |   |
|----------------------------------------------------------------------------------------|--------|-------------------------|-------------|--------|-----------------------|--------|-------------|------------------------|--------|
|                                                                                   |   | June 30,                |        |   | June 30,              |   |        | Stage to               |   |
|                                                                                   |   | 2009                    |        |   | 2008                  |   |        | 2009                   |   |   | 2008 |   |   | June 30,2009 |   |
|                                                                                   |   |                    |        |   |                  |   |        |                   |   |   |   |   |   |   |   |
| Revenue                                                                                |   | $                       | -           |   |                  | $      | -           |                   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
| Cost      of goods sold                                                                |   |                    | -           |   |                  |   | -           |                   |   |   | - |   |   |   | - |   |   |   | - |   |
| Gross      profit                                                                      |   |                    | -           |   |                  |   | -           |                   |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                   |   |                    |        |   |                  |   |        |                   |   |   |   |   |   |   |   |   |   |   | - |   |
| Expenses:                                                                              |   |                    |        |   |                  |   |        |                   |   |   |   |   |   |   |   |   |   |   |   |   |
| General      and administrative costs                                                  |   |                    | 1,830       |   |                  |   | 7,921       |                   |   |   | 3,894 |   |   |   | 7,921 |   |   |   | 49,357 |   |
| Total      operating expense                                                           |   |                    | 1,830       |   |                  |   | 7,921       |                   |   |   | 3,894 |   |   |   | 7,921 |   |   |   | 49,357 |   |
| Operating      Loss                                                                    |   |                    | (1,830      | )      |                  |   | (7,921      | )                      |   |   | (3,894 | ) |   |   | (7,921 | ) |   |   | (49,357 | ) |
|                                                                                   |   |                    |        |   |                  |   |        |                   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest      expense                                                                  |   |                    | 500         |   |                  |   | -           |                   |   |   | 1,000 |   |   |   | - |   |   |   | 1,999 |   |
|                                                                                   |   |                    |        |   |                  |   |        |                   |   |   |   |   |   |   |   |   |   |   |   |   |
| NET      LOSS FROM CONTINUING OPERATIONS                                               |   |                    | (2,330      | )      |                  |   | (7,921      | )                      |   |   | (4,894 | ) |   |   | (7,921 | ) |   |   | (51,356 | ) |
|                                                                                   |   |                    |        |   |                  |   |        |                   |   |   |   |   |   |   |   |   |   |   |   |   |
| Discontinued      operations                                                           |   |                    |        |   |                  |   |        |                   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                   |   |                    |        |   |                  |   |        |                   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss      from discontinued operations                                                 |   |                    | -           |   |                  |   | -           |                   |   |   | - |   |   |   | (91,467 | ) |   |   | - |   |
| Loss      on disposal                                                                  |   |                    | -           |   |                  |   | -           |                   |   |   | - |   |   |   | (3,864 | ) |   |   | - |   |
|                                                                                   |   |                    |        |   |                  |   |        |                   |   |   |   |   |   |   |   |   |   |   |   |   |
| NET      LOSS                                                                          |   | $                       | (2,330      | )      |                  | $      | (7,921      | )                      |   | $ | (4,894 | ) |   | $ | (103,252 | ) |   | $ | (51,356 | ) |
|                                                                                   |   |                    |        |   |                  |   |        |                   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss      per common share from continuing operations – basic and      diluted   |   |                    | (0.01       | )      |                  |   | (0.00       | )                      |   |   | (0.02 | ) |   |   | (0.00 | ) |   |   |   |   |
| Loss      per common share from discontinued operations – basic and      diluted |   |                    | (0.00       | )      |                  |   | (0.00       | )                      |   |   | (0.00 | ) |   |   | (0.01 | ) |   |   |   |   |
|                                                                                   |   |                    |        |   |                  |   |        |                   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic      and diluted loss per share                                                  |   | $                       | (      0.01 | )      |                  | $      | (      0.00 | )                      |   | $ | (      0.02 | ) |   | $ | (      0.01 | ) |   |   |   |   |
| Weighted      average shares outstanding                                               |   |                    | 295,278     |   |                  |   | 14,763,919  |                   |   |   | 295,278 |   |   |   | 14,763,919 |   |   |   |   |   |

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|                                                                        |   | Six Months EndedJune 30, |   |   | Re-enteringDevelopment      Stageto      June 30, 2009 |   |
|-----------------------------------------------------------------------------|--------|--------------------------|--------|--------|--------------------------------------------------------|--------|
|                                                                        |   | 2009                     |   |   | 2008                                                   |   |   |   |   |
| Cash      Flows from Operating Activities                                   |   |                     |   |   |                                                   |   |   |   |   |
| Net      loss from operations                                               |   | $                        | (4,894 | )      |                                                   | $      | (7,921 | ) |   | $ | (51,356 | ) |
| Net      loss from discontinued operations                                  |   |                     | -      |   |                                                   |   | (91,467 | ) |   |   | - |   |
| Loss      on disposal                                                       |   |                     | -      |   |                                                   |   | (3,864 | ) |   |   | - |   |
| Adjustments      to reconcile net loss to cash used in operatingactivities: |   |                     |   |   |                                                   |   |   |   |   |   |   |   |
| Depreciation                                                                |   |                     | -      |   |                                                   |   | 1,578 |   |   |   | - |   |
| Imputed      interest on note payable                                       |   |                     | 1,000  |   |                                                   |   | 1,909 |   |   |   | 1,999 |   |
| Note      payable issued for legal expenses                                 |   |                     |   |   |                                                   |   |   |   |   |   | 25,000 |   |
| Changes      in working capital:                                            |   |                     |   |   |                                                   |   |   |   |   |   |   |   |
| Accounts      receivable                                                    |   |                     | -      |   |                                                   |   | (5,660 | ) |   |   | - |   |
| Inventory                                                                   |   |                     | -      |   |                                                   |   | (1,776 | ) |   |   | - |   |
| Prepaid      expenses and other assets                                      |   |                     | -      |   |                                                   |   | (2,467 | ) |   |   | - |   |
| Accounts      payable and accrued liabilities                               |   |                     | -      |   |                                                   |   | 14,325 |   |   |   | 1,940 |   |
| Net      cash used in operating activities                                  |   |                     | (3,894 | )      |                                                   |   | (95,343 | ) |   |   | (22,417 | ) |
|                                                                        |   |                     |   |   |                                                   |   |   |   |   |   |   |   |
| Cash      Flows from Investing Activities                                   |   |                     |   |   |                                                   |   |   |   |   |   |   |   |
| Cash      distributed in spin off                                           |   |                     | -      |   |                                                   |   | (23,580 | ) |   |   | - |   |
| Net      cash used in investing activities                                  |   |                     | -      |   |                                                   |   | (23,580 | ) |   |   | - |   |
|                                                                        |   |                     |   |   |                                                   |   |   |   |   |   |   |   |
| Cash      Flows from Financing Activities                                   |   |                     |   |   |                                                   |   |   |   |   |   |   |   |
| Line      of credit                                                         |   |                     | -      |   |                                                   |   | (20,369 | ) |   |   | - |   |
| Donated      capital                                                        |   |                     | 3,894  |   |                                                   |   | - |   |   |   | 22,417 |   |
| Proceeds      from advance from shareholder                                 |   |                     | -      |   |                                                   |   | 135,000 |   |   |   | - |   |
| Net      cash provided by financing activities                              |   |                     | 3,894  |   |                                                   |   | 114,631 |   |   |   | 22,417 |   |
|                                                                        |   |                     |   |   |                                                   |   |   |   |   |   |   |   |
| Net      change in cash                                                     |   |                     | -      |   |                                                   |   | (4,292 | ) |   |   | - |   |
| Cash      at beginning of period                                            |   |                     | -      |   |                                                   |   | 4,292 |   |   |   | - |   |
| Cash      at end of period                                                  |   | $                        | -      |   |                                                   | $      | - |   |   | $ | - |   |
|                                                                        |   |                     |   |   |                                                   |   |   |   |   |   |   |   |
| Supplemental      Disclosures of Cash Flow Information                      |   |                     |   |   |                                                   |   |   |   |   |   |   |   |
| Cash      paid for interest                                                 |   | $                        | -      |   |                                                   | $      | 853 |   |   | $ | - |   |
| 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 workingcapital. |
|--------|--------|------------------------------------------------|

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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 of2002  |

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|                            | SPUTNIK      ENTERPRISES,INC. |
|---------------------------------|-------------------------------|
|                            |                          |   |
| Date: August 11,      2009 | By:                 | /s/ David LaDuke |
|                            |                          |  (Authorized      Officer and Principal ExecutiveOfficer) |

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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 of2002     |

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