xQUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACTOF 1934

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

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 No  ̈

| 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, 2009 and December 31, 2008    (unaudited)                                                                                                           | 3      |
|          |                                                                                                                                                                                    |   |
|          | Statements      of Operations for the Three Months Ended March 31, 2009 and 2008, and from      re-entering the development stage, February 29, 2008 to March 31, 2009      (unaudited) | 4      |
|          |                                                                                                                                                                                    |   |
|          | Statements      of Cash Flows for the Three Months Ended March 31, 2009 and 2008, and from      re-entering the development stage, February 29, 2008 to March 31, 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                                                                                                                        | 8      |
|          |                                                                                                                                                                                    |   |
| Item      3.  | Defaults      Upon Senior Securities                                                                                                                                                    | 9      |
|          |                                                                                                                                                                                    |   |
| Item      4.  | Submission      of Matters to a Vote of Security Holders                                                                                                                                | 9      |
|          |                                                                                                                                                                                    |   |
| Item      5.  | Other      Information                                                                                                                                                                  | 9      |
|          |                                                                                                                                                                                    |   |
| Item      6.  | Exhibits                                                                                                                                                                                | 9      |
|          |                                                                                                                                                                                    |   |
| Signatures    |                                                                                                                                                                                    | 9      |

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|                                                                                                                               |   | March      31, 2009 |       |   | December      31, 2008 |   |
|------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------|------------|--------|------------------------|--------|
| ASSETS                                                                                                                             |   |                |       |   |                   |   |
| Current      Assets                                                                                                                |   |                |       |   |                   |   |
|    Cash                                                                                                             |   | $                   | -          |   |                   | $      | - |   |
|       Total      Current Assets                                                                      |   |                | -          |   |                   |   | - |   |
|                                                                                                                               |   |                |       |   |                   |   |   |   |
|       TOTAL      ASSETS                                                                              |   | $                   | -          |   |                   | $      | - |   |
|                                                                                                                               |   |                |       |   |                   |   |   |   |
|                                                                                                                               |   |                |       |   |                   |   |   |   |
| LIABILITIES      AND STOCKHOLDERS' DEFICIT                                                                                         |   |                |       |   |                   |   |   |   |
|                                                                                                                               |   |                |       |   |                   |   |   |   |
| Current      Liabilities                                                                                                           |   |                |       |   |                   |   |   |   |
|    Accrued      liabilities                                                                                         |   | $                   | 1,940      |   |                   | $      | 1,940 |   |
|    Note      payable                                                                                                |   |                | 25,000     |   |                   |   | 25,000 |   |
| Total      Current Liabilities                                                                                                     |   |                | 26,940     |   |                   |   | 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                                                                                             |   |                | 1,934,654  |   |                   |   | 1,932,090 |   |
|    Accumulated      deficit from development stage                                                                  |   |                | (49,026    | )      |                   |   | (46,462 | ) |
|    Accumulated      deficit from prior operations                                                                   |   |                | (1,912,863 | )      |                   |   | (1,912,863 | ) |
|       Total      Stockholders' Deficit                                                               |   |                | (26,940    | )      |                   |   | (26,940 | ) |
|                                                                                                                               |   |                |       |   |                   |   |   |   |
| TOTAL      LIABILITIES AND STOCKHOLDERS' DEFICIT                                                                                   |   | $                   | -          |   |                   | $      | - |   |

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|                                                                                   |   | Three      Months Ended |        |   | Re-entering               |   |
|----------------------------------------------------------------------------------------|--------|-------------------------|-------------|--------|---------------------------|--------|
|                                                                                   |   | March      31,          |        |   | Development      Stage to |   |
|                                                                                   |   | 2009                    |        |   | 2008                      |   |   | March      31, 2009 |   |
|                                                                                   |   |                    |        |   |                      |   |   |   |   |
| Revenue                                                                                |   | $                       | -           |   |                      | $      | - |   |   | $ | - |   |
| Cost      of goods sold                                                                |   |                    | -           |   |                      |   | - |   |   |   | - |   |
|    Gross      profit                                                    |   |                    | -           |   |                      |   | - |   |   |   | - |   |
|                                                                                   |   |                    |        |   |                      |   |   |   |   |   | - |   |
| Expenses:                                                                              |   |                    |        |   |                      |   |   |   |   |   |   |   |
| General      and administrative costs                                                  |   |                    | 2,064       |   |                      |   | - |   |   |   | 47,527 |   |
| Total      operating expense                                                           |   |                    | -           |   |                      |   | - |   |   |   | 47,527 |   |
|    Operating      Loss                                                  |   |                    | -           |   |                      |   | - |   |   |   | (47,527 | ) |
|                                                                                   |   |                    |        |   |                      |   |   |   |   |   |   |   |
| Interest      expense                                                                  |   |                    | 500         |   |                      |   | - |   |   |   | 1,499 |   |
|                                                                                   |   |                    |        |   |                      |   |   |   |   |   |   |   |
| NET      LOSS FROM CONTINUING OPERATIONS                                               |   |                    | 2,564       |   |                      |   | - |   |   |   | (49,026 | ) |
|                                                                                   |   |                    |        |   |                      |   |   |   |   |   |   |   |
| Discontinued      operations                                                           |   |                    |        |   |                      |   |   |   |   |   |   |   |
|                                                                                   |   |                    |        |   |                      |   |   |   |   |   |   |   |
| Loss      from discontinued operations                                                 |   |                    | -           |   |                      |   | (91,467 | ) |   |   |   |   |
| Loss      on disposal                                                                  |   |                    | -           |   |                      |   | (3,864 | ) |   |   | - |   |
|                                                                                   |   |                    |        |   |                      |   |   |   |   |   |   |   |
|    NET      LOSS                                                        |   | $                       | (2,564      | )      |                      | $      | (95,311 | ) |   | $ | (49,026 | ) |
|                                                                                   |   |                    |        |   |                      |   |   |   |   |   |   |   |
| Loss      per common share from continuing operations – basic and      diluted   |   |                    | (0.00       | )      |                      |   | (0.00 | ) |   |   |   |   |
| Loss      per common share from discontinued operations – basic and      diluted |   |                    | (0.00       | )      |                      |   | (0.32 | ) |   |   |   |   |
|                                                                                   |   |                    |        |   |                      |   |   |   |   |   |   |   |
| Basic      and diluted loss per share                                                  |   | $                       | (      0.00 | )      |                      | $      | (      0.32 | ) |   |   |   |   |
| Weighted      average shares outstanding                                               |   |                    | 295,286     |   |                      |   | 295,526 |   |   |   |   |   |

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|                                                                        |   | Three      Months EndedMarch      31, |   |   |  Re-entering      Development Stage |   |
|-----------------------------------------------------------------------------|--------|---------------------------------------|--------|--------|------------------------------------------|--------|
|                                                                        |   | 2009                                  |   |   | 2008                                     |   |   | to      March 31, 2009 |   |
| Cash      Flows from Operating Activities                                   |   |                                  |   |   |                                     |   |   |   |   |
| Net      loss from operations                                               |   | $                                     | (2,564 | )      |                                     |   |   |   | $ | (49,026 | ) |
| 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                                       |   |                                  | 500    |   |                                     |   | 1,909 |   |   |   | 1,499 |   |
| 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             |   |                                  | -      |   |                                     |   | 6,404 |   |   |   | 1,940 |   |
| Net      cash used in operating activities                                  |   |                                  | (2,064 | )      |                                     |   | (95,343 | ) |   |   | (20,587 | ) |
|                                                                        |   |                                  |   |   |                                     |   |   |   |   |   |   |   |
| 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                                                        |   |                                  | 2,064  |   |                                     |   |   |   |   |   | 20,587 |   |
| Proceeds      from advance from shareholder                                 |   |                                  | -      |   |                                     |   | 135,000 |   |   |   | - |   |
| Net      cash provided by financing activities                              |   |                                  | 2,064  |   |                                     |   | 91,051 |   |   |   | 20,587 |   |
|                                                                        |   |                                  |   |   |                                     |   |   |   |   |   |   |   |
| 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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Item 2.   Management’sDiscussion and Analysis or Plan of Operation.

The following discussion of our financial condition and resultsof operations as of March 31, 2009 should be read in conjunction with ourfinancial statements and the related notes as provided under Item 1. Withrespect to the discussion within this Item 2, the terms “Sputnik,” “we,” “us,”and “our” refer to Sputnik Enterprises, Inc.

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

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

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

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

|   | · | Our      anticipated needs for workingcapital. |
|--------|--------|------------------------------------------------|

| (a) | Unregistered Sales of      Equity Securities. |
|-----|-----------------------------------------------|

| (b) | Use of      Proceeds. |
|-----|-----------------------|

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Item 3.   Defaults Upon SeniorSecurities

| 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  |

|                        |                          |                                                            |
|-----------------------------|-------------------------------|-----------------------------------------------------------------|
|                        | SPUTNIK      ENTERPRISES,INC. |
|                        |                          |                                                            |
| Date: May 1,      2009 | 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 of2002     |

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