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| Delaware(State or other jurisdiction ofincorporation) | 13-2599131(I.R.S. EmployerIdentification No.) |
|-------------------------------------------------------|-----------------------------------------------|

| Large accelerated filer [  ] |   Accelerated filer [  ] |   Non- accelerated filer [  ] |
|-----------------------------------|-----------------------------------------|----------------------------------------------|
| Small Reporting Company [X]       |                                    |                                         |

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| QSGI INC.                            |
|--------------------------------------|
|                                 |
| TABLE OF CONTENTS                    |
|                                 |   |   |
| Item                                 | Description | Page |
|                                 |   |   |
| PART I – FINANCIAL INFORMATION |   |
|                                 |   |   |
| 1.                                   | Financial Statements |   |
|                                 | Condensed Consolidated Balance Sheets –March 31, 2010 (unaudited) and December 31, 2009 (audited) | 1 |
|                                 | Condensed Consolidated Statements of Operations –Three Months Ended March 31, 2010 and 2009 (unaudited) | 2 |
|                                 | Condensed Consolidated Statement of Stockholders’ Equity –Three Months Ended March 31, 2010 (unaudited) | 3 |
|                                 | Condensed Consolidated Statements of Cash Flows –Three Months Ended March 31, 2010 and 2009 (unaudited) | 4 |
|                                 | Notes to Condensed Consolidated Financial Statements (unaudited) | 6 |
| 2.                                   | Management’s Discussion and Analysis of Financial Conditionand Results of Operations | 12 |
| 3.                                   | Quantitative and Qualitative Disclosures About Market Risk | 14 |
| 4.                                   | Controls and Procedures | 14  |
|                                 |   |   |
| PART II – OTHER INFORMATION    |   |
|                                 |   |   |
| 1.                                   | Legal Proceedings | 15 |
| 1A.                                  | Risk Factors | 16 |
| 2.                                   | Unregistered Sales of Equity Securities and Use of Proceeds | 16 |
| 3.                                   | Defaults Upon Senior Securities | 16 |
| 4.                                   | Submission of Matters to a Vote of Security Holders | 16 |
| 5.                                   | Other Information | 17 |
| 6.                                   | Exhibits | 17 |
|                                 |   |   |
| SIGNATURES                           | 18 |
|                                 |   |
| EXHIBITS                             | 19 |

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PART 

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|                                                                                                                                                                                                                   |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                                                                                   |   | March 31, |   |   | December 31, |   |
|                                                                                                                                                                                                                   |   | 2010 |   |   | 2009 |   |
|                                                                                                                                                                                                                   |   | (unaudited) |   |   | (audited) |   |
| Assets                                                                                                                                                                                                                 |   |
|                                                                                                                                                                                                                   |   |   |   |   |   |   |
| Current Assets                                                                                                                                                                                                         |   |   |   |   |   |   |
|     Cash and Cash Equivalents                                                                                                                                                                      |   | $ | – |   |   | $ | 31,573 |   |
|      Prepaid expenses and other assets                                                                                                                                                        |   |   | 166,727 |   |   |   | 175,631 |   |
|                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |
| TOTAL ASSETS                                                                                                                                                                                                           |   | $ | 166,727 |   |   | $ | 207,204 |   |
|                                                                                                                                                                                                                   |   |
| Liabilities And Stockholders’ Deficit                                                                                                                                                                            |   |
| Current Liabilities                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
|      Liabilities not subject to compromise – current:                                                                                                                                   |   |   |   |   |   |   |   |   |
| - Accrued expenses and other liabilities                                                                                                                                                                          |   | $ | – |   |   | $ | 40,000 |   |
|      Liabilities subject to compromise –  current:                                                                                                                            |   |   |   |   |   |   |   |   |
| - Revolving line of credit                                                                                                                                                                                        |   |   | 2,918,463 |   |   |   | 2,918,463 |   |
| - Notes Payable – Principal Stockholder                                                                                                                                                                     |   |   | 10,000,000 |   |   |   | 10,000,000 |   |
| Total Current Liabilities                                                                                                                                                                                              |   |   | 12,918,463 |   |   |   | 12,958,463 |   |
|                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |
| Liabilities subject to compromise – Long term:                                                                                                                                                                   |   |   |   |   |   |   |   |   |
| - Accounts payable                                                                                                                                                                                                |   |   | 4,231,670 |   |   |   | 4,231,670 |   |
| - Accrued expenses and other liabilities                                                                                                                                                                          |   |   | 1,540,422 |   |   |   | 1,516,763 |   |
| - Accrued payroll                                                                                                                                                                                                 |   |   | 1,171,773 |   |   |   | 1,171,773 |   |
| Deferred Income Taxes                                                                                                                                                                                                  |   |   | 27,300 |   |   |   | 27,300 |   |
| Total Liabilities                                                                                                                                                                                                      |   |   | 19,889,628 |   |   |   | 19,905,969 |   |
|                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |
| Redeemable Convertible Preferred Stock                                                                                                                                                                                 |   |   | 4,271,472 |   |   |   | 4,271,472 |   |
|                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |
|  Stockholders’ Deficit                                                                                                                                                                                      |   |   |   |   |   |   |   |   |
| Preferred shares: Authorized 5,000,000 shares in 2010                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| and 2009, $0.01 par value, none issued                                                                                                                                                                                 |   |   | – |   |   |   | – |   |
| Common shares: authorized 95,000,000 shares in 2010 and 2009, $0.01 par value; 48,797,716 shares issued and outstanding in 2010 and 2009, of which 10,000,000 shares were contingent acquisition shares held in escrow |   |   | 387,977 |   |   |   | 387,977 |   |
| Additional paid-in capital                                                                                                                                                                                             |   |   | 16,547,710 |   |   |   | 16,528,977 |   |
| Accumulated Deficit                                                                                                                                                                                                    |   |   | (40,930,060 | ) |   |   | (40,887,191 | ) |
| Total Stockholders’ Deficit                                                                                                                                                                                      |   |   | (23,994,373 | ) |   |   | (23,970,237 | ) |
|                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |
| TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT                                                                                                                                                                      |   | $ | 166,727 |   |   | $ | 207,204 |   |

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|  See the accompanying notes to condensed consolidated financial statements.  |    Page   1 |
|----------------------------------------------------------------------------------------|--------------------------------------|

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QSGI 

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|                                                                              |   | Three Months EndedMarch 31 |       |
|-----------------------------------------------------------------------------------|--------|----------------------------|------------|
|                                                                              |   | 2010                       |       |   | 2009 |   |
|                                                                              |   |                       |       |   |   |   |
| Stock Option Compensation                                                         |   | $                          | 18,733     |   |   | $ | 7,256 |   |
| Interest Expense, net (2010, contractual interest expense  of $153,219) |   |                       | -          |   |   |   | 880,344 |   |
|                                                                              |   |                       |       |   |   |   |   |   |
| Loss Before Reorganization Items and Provision For Income Taxes                   |   |                       | 18,733     |   |   |   | 887,600 |   |
| Reorganization Items:                                                             |   |                       |       |   |   |   |   |   |
| Professional Fees                                                                 |   |                       | 24,136     |   |   |   | - |   |
| Loss Before Provision For Income Taxes and Discontinued Operations                |   |                       | 42,869     |   |   |   | 887,600 |   |
| Provision For Income Taxes                                                        |   |                       | -          |   |   |   | 1,538 |   |
|                                                                              |   |                       |       |   |   |   |   |   |
| Loss Before Discontinued Operations                                               |   |                       | 42,869     |   |   |   | 889,138 |   |
|                                                                              |   |                       |       |   |   |   |   |   |
| Loss From Discontinued Operations                                                 |   |                       | -          |   |   |   | 1,704,722 |   |
|                                                                              |   |                       |       |   |   |   |   |   |
| Net Loss                                                                          |   |                       | 42, 869    |   |   |   | 2,593,860 |   |
|                                                                              |   |                       |       |   |   |   |   |   |
| Preferred Stock Dividends                                                         |   |                       | -          |   |   |   | 63,617 |   |
|                                                                              |   |                       |       |   |   |   |   |   |
| Accretion To Redemption Value of Preferred Stock                                  |   |                       | -          |   |   |   | 4,989 |   |
|                                                                              |   |                       |       |   |   |   |   |   |
| Loss Available to Common Stockholders                                             |   | $                          | 42,869     |   |   | $ | 2,662,466 |   |
|                                                                              |   |                       |       |   |   |   |   |   |
| Loss Per Common Share – Basic & Diluted before Discontinued Operations  |   | $                          | 0.00       |   |   | $ | 0.02 |   |
| Loss Per Common Share – Basic & Diluted from Discontinued Operations    |   | $                          | 0.00       |   |   | $ | 0.05 |   |
| Loss Per Common Share – Basic & Diluted                                 |   | $                          | 0.00       |   |   | $ | 0.07 |   |
| Weighted Average Number Of Common Shares Outstanding –Basic and Diluted     |   |                       | 38,797,716 |   |   |   | 38,644,938 |   |
|                                                                              |   |                       |       |   |   |   |   |   |

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|  See the accompanying notes to condensed consolidated financial statements.  |    Page   2 |
|----------------------------------------------------------------------------------------|--------------------------------------|

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QSGI 

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|                                     |   |         |       |   | Additional |   |    |        |   |   | Total               |   |
|------------------------------------------|--------|--------------|------------|--------|------------|--------|---------|-------------|--------|--------|---------------------|--------|
|                                     |   | Common Stock |       |   | Paid-in    |   |    | Accumulated |   |   | Stockholders’ |   |
|                                     |   | Number       |       |   | Amount     |   |    | Capital     |   |   | Deficit             |   |   | Deficit |   |
|                                     |   |         |       |   |       |   |    |        |   |   |                |   |   |   |   |
| Balance (Deficit) - December 31, 2009    |   |         | 38,797,716 |   |       | $      | 387,977 |        |   | $      | 16,528,977          |   |   | $ | (40,887,191 | ) |   | $ | (23,970,237 | ) |
|                                     |   |         |       |   |       |   |    |        |   |   |                |   |   |   |   |   |   |   |   |   |
| Stock Option Compensation                |   |         | –    |   |       |   | – |        |   |   | 18,733              |   |   |   | – |   |   |   | 18,733 |   |
|                                     |   |         |       |   |       |   |    |        |   |   |                |   |   |   |   |   |   |   |   |   |
| Net Loss                                 |   |         | –    |   |       |   | – |        |   |   | –             |   |   |   | (42,869 | ) |   |   | (42,869 | ) |
|                                     |   |         |       |   |       |   |    |        |   |   |                |   |   |   |   |   |   |   |   |   |
| Balance (Deficit) – March 31, 2010 |   |         | 38,797,716 |   |       | $      | 387,977 |        |   | $      | 16,547,710          |   |   | $ | (40,930,060 | ) |   | $ | (23,994,373 | ) |

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|  See the accompanying notes to condensed consolidated financial statements.  |    Page   3 |
|----------------------------------------------------------------------------------------|--------------------------------------|

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QSGI 

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|                                                                                                                 |   | 2010   |    |   | 2009   |   |
|----------------------------------------------------------------------------------------------------------------------|--------|--------|---------|--------|--------|--------|
| Cash Flows From Operating Activities                                                                                 |   |   |    |   |   |   |
| Loss before discontinued operations                                                                                  |   | $      | (42,869 | )      |   | $      | (889,138 | ) |
| Adjustments to reconcile net loss to net cash (used in)  provided by operating activities:                 |   |   |    |   |   |   |   |   |
| Stock Option Compensation                                                                                            |   |   | 18,733  |   |   |   | 7,256 |   |
| Changes in assets and liabilities:                                                                                   |   |   |    |   |   |   |   |   |
| Prepaid expenses and other assets                                                                                    |   |   | 8,904   |   |   |   | – |   |
| Accounts payable and other liabilities                                                                               |   |   | (16,341 | )      |   |   | 881,163 |   |
|          Cash from operating activities – continuing operations   |   |   | (31,573 | )      |   |   | (719 | ) |
|          Cash from operating activities – discontinued operations |   |   | – |   |   |   | 135,458 |   |
| Net Cash (Used In) Provided by Operating Activities                                                                  |   |   | (31,573 | )      |   |   | 134,739 |   |
|                                                                                                                 |   |   |    |   |   |   |   |   |
| Cash Flows From Investing Activities                                                                                 |   |   |    |   |   |   |   |   |
|      Cash from investing activities – continuing operations                           |   |   | – |   |   |   | – |   |
|      Cash from investing activities – discontinued operations                         |   |   | – |   |   |   | 5,396 |   |
| Net Cash  Provided by Investing Activities                                                                 |   |   | – |   |   |   | 5,396 |   |
|                                                                                                                 |   |   |    |   |   |   |   |   |
| Cash Flows From Financing Activities                                                                                 |   |   |    |   |   |   |   |   |
|      Payment for financing costs                                                            |   |   | – |   |   |   | (25,614 | ) |
|      Net amounts paid under revolving lines of credit, net of OID                           |   |   | – |   |   |   | 115,129 |   |
| Preferred stock dividends                                                                                            |   |   | – |   |   |   | (63,617 | ) |
|      Cash used in financing activities – continuing operations                        |   |   | – |   |   |   | 25,898 |   |
|      Cash from financing activities – discontinued operations                         |   |   | – |   |   |   | – |   |
| Net Cash Provided by Financing Activities                                                                            |   |   | – |   |   |   | 25,898 |   |
|                                                                                                                 |   |   |    |   |   |   |   |   |
| Net (Decrease) Increase In Cash And Cash Equivalents                                                                 |   |   | (31,573 | )      |   |   | 166,033 |   |
|                                                                                                                 |   |   |    |   |   |   |   |   |
| Cash And Cash Equivalents – Beginning  of Period                                                     |   |   | 31,573  |   |   |   | 274,150 |   |
| Cash And Cash Equivalents – End of Period                                                                      |   | $      | – |   |   | $      | 440,183 |   |
|                                                                                                                 |   |   |    |   |   |   |   |   |

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|  See the accompanying notes to condensed consolidated financial statements.  |    Page   4 |
|----------------------------------------------------------------------------------------|--------------------------------------|

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|                                                                 |   | 2010   |    |   | 2009   |   |
|----------------------------------------------------------------------|--------|--------|---------|--------|--------|--------|
|                                                                 |   |   |    |   |   |   |
| Supplemental schedule of non-cash financing and investing activities |   |   |    |   |   |   |
|    Stock issued for debt issuance costs               |   | $      | — |   |   | $      | 15,000 |   |

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|  See the accompanying notes to condensed consolidated financial statements.  |    Page   5 |
|----------------------------------------------------------------------------------------|--------------------------------------|

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QSGI 

| 1. | Basis of Presentation and Business Organization |
|----|-------------------------------------------------|

----

|  See the accompanying notes to condensed consolidated financial statements.  |    Page   6 |
|----------------------------------------------------------------------------------------|--------------------------------------|

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| 2.   | Summary of Significant Accounting Policies |
|----------------|--------------------------------------------|

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| 3. | Discontinued Operations |
|----|-------------------------|

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|                                  |   | Three Months Ended |    |
|---------------------------------------|--------|--------------------|---------|
|                                  |   | March 31,          |    |
|                                  |   | 2010               |    |   | 2009 |   |
|                                  |   |               |    |   |   |   |
| Revenue                               |   | $                  | — |   |   | $ | 7,195,705 |   |
| Cost of Sales                         |   |               | — |   |   |   | (5,933,173 | ) |
| Selling And Administrative Expenses   |   |               | — |   |   |   | (2,757,624 | ) |
| Depreciation                          |   |               | — |   |   |   | (216,886 | ) |
| Net loss from discontinued operations |   | $                  | — |   |   | $ | 1,711,978 |   |

| 4. | Financing Arrangements |
|----|------------------------|

| 5. | Stock Options and Warrants |
|----|----------------------------|

| 6. | Income Taxes |
|----|--------------|

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| 7.   | Subsequent Events |
|----------------|-------------------|

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Item 

|   | · | Our growth strategies. |
|--------|--------|------------------------|

|   | · | Anticipated trends in our business and demographics. |
|--------|--------|------------------------------------------------------|

|   | · | Our ability to successfully integrate the business operations of recently acquired companies; and |
|--------|--------|---------------------------------------------------------------------------------------------------|

|   | ·  | Regulatory, competitive or other economic influences. |
|--------|--------------|-------------------------------------------------------|

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| Item 3 |  Quantitative and Qualitative Disclosures About Market Risk |
|--------|------------------------------------------------------------------|

| Item 4 |  Controls and Procedures |
|--------|-------------------------------|

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| Item 1. | Legal Proceedings |
|---------|-------------------|

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| Item 1A. | Risk Factors |
|----------|--------------|

| Item 2. | Unregistered sales of equity securities and Use of Proceeds |
|---------|-------------------------------------------------------------|

| Item 3. | Defaults Upon Senior Securities |
|---------|---------------------------------|

|   | Not applicable. |
|--------|-----------------|

| Item 4. | Submission of Matters to a Vote of Security Holders |
|---------|-----------------------------------------------------|

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| Item 5. | Other Information |
|---------|-------------------|

| Item 6. | Exhibits |
|---------|----------|

| Exhibits |
|----------|
|     | See List of Exhibits filed as part of this quarterly report on Form 10-Q. |
|     |

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SIGNATURE

|                                                                                     | QSGI INC. Inc.(Registrant)  |
|------------------------------------------------------------------------------------------|----------------------------------|
| Dated:           December 1, 2011 | By:                              | /s/ Marc Sherman |
|                                                                                     |                             | Marc Sherman |
|                                                                                     |                             | Chairman of the Board and Chief Executive Officer |
|                                                                                     |                             |   |
|                                                                                     |                             |   |
|                                                                                     |                             |   |
|                                                                                     |                             |   |
|                                                                                     |                             |   |

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List 

| Exhibit Number | Description                                                                                                                                                                                                                                                                                                                                                                                                             |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|           |                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 2.1            | Agreement and plan of Merger by and among Windsortech, Inc., Qualtech International Corporation and Qualtech Service Group, Inc. dated May 1, 2004.                                                                                                                                                                                                                                                                     |
| 3.1            | Certificate of Amendment of Certificate of Incorporation of WindsorTech, Inc. **                                                                                                                                                                                                                                                                                                                                        |
| 3.2            | Amended and Restated ByLaws of WindsorTech, Inc. (Incorporated herein reference to Exhibit 3.2 to the Registrant’s Quarterly Report on Form 10-QSB filed with the Commission on August 19, 2002 (Commission file number 000-07539)).                                                                                                                                                                              |
| 3.3            | Action by Consent in Writing of a Majority of Stockholders dated May 19, 2004 concerning Amended and Restated By Laws.                                                                                                                                                                                                                                                                                                  |
| 3.4            | Action by Consent in Writing of a Majority of Stockholders dated September 17, 2004 increasing the number of shares of the Corporation                                                                                                                                                                                                                                                                                  |
| 4.1            | Specimen Common Stock Certificate of WindsorTech, Inc. (Incorporated herein reference to Exhibit 4.1 to the Registrant’s Quarterly Report on Form 10-QSB filed with the Commission on August 19, 2002 (Commission file number 000-07539)).                                                                                                                                                                        |
| 4.2***         | Form of Stock Purchase Agreements with Barron Partners, L.P., Guerrilla Capital, and Odin Partners et al. dated May 26, 2004.                                                                                                                                                                                                                                                                                           |
| 4.3***         | Form of Registration Rights Agreements with Barron Partners, L.P., Guerrilla Capital, and Odin Partners et al. dated May 26, 2004.                                                                                                                                                                                                                                                                                      |
| 4.4***         | Form of Common Stock Purchase Warrant at $1.50 per share dated May 28, 2004.                                                                                                                                                                                                                                                                                                                                            |
| 4.5***         | Form of Common Stock Purchase Warrant at $3.60 per share dated May 28, 2004                                                                                                                                                                                                                                                                                                                                             |
| 4.6            | Form of Registration Rights Agreement with Joel Owens and Jolene Owens dated May 1, 2004.                                                                                                                                                                                                                                                                                                                               |
| 10.1*          | Employment and Non-Compete Agreement – Edward L. Cummings **                                                                                                                                                                                                                                                                                                                                                      |
| 10.2*          | Employment and Non-Compete Agreement – David A. Loppert **                                                                                                                                                                                                                                                                                                                                                        |
| 10.3*          | Employment and Non-Compete Agreement – Carl C. Saracino **                                                                                                                                                                                                                                                                                                                                                        |
| 10.4*          | Employment and Non-Compete Agreement – Michael P. Sheerr **                                                                                                                                                                                                                                                                                                                                                       |
| 10.5*          | Employment and Non-Compete Agreement – Marc Sherman **                                                                                                                                                                                                                                                                                                                                                            |
| 10.6*          | 2002 Flexible Stock Plan (Incorporated herein reference to Exhibit 10.6 to the Registrant’s Quarterly Report on Form 10-QSB filed with the Commission on April 16, 2002 (Commission file number 000-07539)).                                                                                                                                                                                                      |
| 10.7           | Lease Agreement (Incorporated herein reference to Exhibit 10.9 to the Registrant’s Quarterly Report on Form 10-QSB filed with the Commission on August 19, 2002 (Commission file number 000-07539)).                                                                                                                                                                                                              |
| 10.8           | Employment and Non-Compete Agreement – Joel Owens                                                                                                                                                                                                                                                                                                                                                                 |
| 10.9**         | Employment and Non-Compete Agreement – Seth A. Grossman                                                                                                                                                                                                                                                                                                                                                           |
| 10.10**        | Credit Agreement by and among Windsortech, Inc., Qualtech International Corporation, Qualtech Services Corporation and Fifth Third Bank.                                                                                                                                                                                                                                                                                |
| 16.1           | Letter from Milton Reece, CPA (“Reece”) concurring with the statements made by the Registrant in the Current Report on Form 8-K reporting Reece’s resignation as the Registrant’s principal accountant (incorporated herein by reference to Exhibit 16 to the Registrant’s Current Report on Form 8-K filed with the Commission on February 13, 2002 (Commission file number 000-07539)). |
| 31.1***        | Chief Executive Officer Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002                                                                                                                                                                                                                                                                                                                         |

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| Exhibit Number | Description |
|----------------|-------------|

|                                                                                                                                                                                                                              |                                                                                                                                              |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------|
| 32.1***                                                                                                                                                                                                                           | Certification of Chief Executive Officer Pursuant to 18 U.S.C. § 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
| 33.1***                                                                                                                                                                                                                           | Chief Financial Officer Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002                                                   |
| *      Management contract or compensatory plan.                                                                                                                                                    |
| **    Incorporated herein by reference to the same numbered exhibit in the Registrant’s Transition Report on Form 10-KSB filed with the Commission on April 1, 2002 (Commission file number 000-07539). |
| ***  Attached hereto.                                                                                                                                                                                                   |
|                                                                                                                                                                                                                              |
| There are no other documents required to be filed as an Exhibit as required by Item 601 of Regulation S-K.                                                                                                                        |
|                                                                                                                                                                                                                              |

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