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| þ                                                              | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  |
|---------------------------------------------------------------------|------------------------------------------------------------------------------------------|
|                                                                |                                                                                     |
| For the quarterly period ended June 30, 2010                        |
|                                                                |                                                                                     |
| OR                                                                  |
|                                                                |                                                                                     |
| o                                                                   | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|                                                                |                                                                                     |
| For the transition period from ________________ to ________________ |

|  Ecosphere Technologies, Inc.                           |
|--------------------------------------------------------------|
|  (Exact name of registrant as specified in its charter) |

| Delaware                                                     |   | 20-350286                |
|--------------------------------------------------------------|--------|--------------------------|
| (State or other jurisdiction of          |   | (I.R.S. Employer    |
| incorporation or organization)                     |   | Identification No.) |
|                                                         |   |                     |
| 3515 S.E. Lionel Terrace, Stuart, Florida                    |   | 34997                    |
| (Address of principal executive offices) |   | (Zip Code)          |

| Large accelerated filer                       | o      | Accelerated filer                   | o      |
|-----------------------------------------------|--------|-----------------------------------------------|--------|
| Non-accelerated filer     | o      | Smaller reporting company           | þ |
|                                          |   | (Do not check if a smaller reporting company) |   |

| Class                                   |   | Outstanding at August 13, 2010 |
|-----------------------------------------|--------|--------------------------------|
| Common Stock, $0.01 par value per share |   | 137,620,838 shares             |

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| Exhibit |   |                                                                                            |   | Incorporated by Reference |   | Filed or Furnished |
|---------|--------|-------------------------------------------------------------------------------------------------|--------|---------------------------|--------|--------------------|
| No.     |   | Exhibit Description                                                                             |   | Form                      |   | Date               |   | Number |   | Herewith |
|    |   |                                                                                            |   |                      |   |               |   |   |   |   |
| 3.1     |   | Certificate of Incorporation                                                                    |   | 10-QSB                    |   | 12/11/06           |   | 3.1 |   |   |
| 3.2     |   | Certificate of Amendment                                                                        |   | 10-K                      |   | 3/25/09            |   | 3.2 |   |   |
| 3.3     |   | Certificate of Correction                                                                       |   | 10-K                      |   | 3/25/09            |   | 3.3 |   |   |
| 3.4     |   | Bylaws                                                                                          |   | 10-QSB                    |   | 12/11/06           |   | 3.2 |   |   |
| 3.5     |   | Amendment to the Bylaws adopted June 17, 2008                                                   |   | 10-Q                      |   | 11/13/08           |   | 3.3 |   |   |
| 3.6     |   | Amendment to the Bylaws adopted August 12, 2010                                                 |   | 10-Q                      |   |  08/16/10     |   | 3.6 |   |   |
| 10.1    |   | Amended and Restated 2006 Equity Incentive Plan*                                                |   | 10-Q                      |   |  08/16/10     |   | 10.1 |   |   |
| 10.2    |   | Secured Line of Credit Agreement dated May 12, 2008                                             |   | 10-Q                      |   | 11/13/08           |   | 10.1 |   |   |
| 10.3    |   | Secured Line of Credit Agreement dated August 28, 2008                                          |   | 10-Q                      |   | 11/13/08           |   | 10.2 |   |   |
| 10.4    |   | Form of Executive Option Agreement dated December 22, 2009*                                     |   | 10-Q                 |   |  08/16/10     |   | 10.4  |   |   |
| 10.5    |   | Form of Executive Option Agreement dated July 1, 2009*                                          |   | 10-Q                 |   |  08/16/10     |   | 10.5  |   |   |
| 10.6    |   | Form of Director Option Agreement dated July 1, 2009                                            |   | 10-Q                 |   |  08/16/10     |   | 10.6  |   |   |
| 10. 7   |   | Summary of McGuire option grant dated April 21, 2010*                                           |   | 10-Q/A                    |   | 12/20/10      |   | 10.7 |   |   |
| 10.8    |   | Vinick Consulting Agreement*                                                                    |   | 10-K                      |   | 3/25/09            |   | 10.24 |   |   |
| 10.9    |   | Sterner Note                                                                                    |   | 10-Q                 |   |  08/16/10     |   | 10.9  |   |   |
| 10.10   |   | Summary of Haskell Severance Agreement*                                                         |   | 10-Q                 |   |  08/16/10     |   | 10.10  |   |   |
| 10.11   |   | Summary of Haskell Loan*                                                                        |   | 10-Q                 |   |  08/16/10     |   | 10.11  |   |   |
| 10.12   |   | Technology License Agreement                                                                    |   | 10-Q                 |   |  08/16/10     |   | 10.12  |   |   |
| 10.13   |   | Form of Director Restricted Stock Agreement dated July 1, 2009                                  |   | 10-Q                 |   | 08/16/10      |   | 10.13  |   |   |
| 10.14   |   | Form of Director Option Agreement – Initial Grant                                         |   | 10-Q                 |   | 08/16/10      |   | 10.14  |   |   |
| 10.15   |   | Form of Director Restricted Stock Agreement - Initial Grant                                     |   | 10-Q                 |   | 08/16/10      |   | 10.15  |   |   |
| 10.16   |   | Southwestern Energy Services Agreement***                                                       |   |                      |   |               |   |   |   | Filed |
| 10.17   |   | Newfield Exploration Services Agreement                                                         |   | 10-Q/A                    |   | 03/14/11           |   | 10.17 |   |   |
| 10.18   |   | British Petroleum Master Service Contract                                                       |   | 10-Q/A                    |   | 12/20/10           |   | 10.18 |   |   |
| 31.1    |   | Certification of Principal Executive Officer (Section 302)                                 |   |                      |   |               |   |   |   | Filed |
| 31.2    |   | Certification of Principal Financial Officer (Section 302)                                 |   |                      |   |               |   |   |   | Filed |
| 32.1    |   | Certification of Principal Executive Officer and Principal Financial Officer (Section 906) |   |                      |   |               |   |   |   | Furnished |

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|           |         | ECOSPHERE TECHNOLOGIES, INC.                         |   |
|----------------|--------------|------------------------------------------------------|--------|
|           |         |                                                 |   |
| March 16, 2011 |    | /s/ Charles Vinick                              |   |
|           |         | Charles Vinick                                       |   |
|           |         | Chief Executive Officer(Principal Executive Officer) |   |
|           |         |                                                 |   |
| March 16, 2011 |         | /s/ Adrian Goldfarb                             |   |
|           |         | Adrian Goldfarb                                      |   |
|           |         | Chief Financial Officer(Principal Financial Officer) |   |

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