**UNITED      STATES **

**SECURITIES      AND EXCHANGE COMMISSION**

**WASHINGTON,      D.C. 20549**

**FORM      10-Q**

| x      | QUARTERLY                  REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE                  ACT OF                  1934  |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                        |
|   | For                  the quarterly period ended March 31, 2008                                                                              |
|   |                                                                                                                                        |
|   | OR                                                                                                                                          |
|   |                                                                                                                                        |
| o      | TRANSITION                  REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE                  ACT OF                  1934 |
|   |                                                                                                                                        |
|   | For                  the transition period from _____________ to                  __________.                                               |

| Delaware                                         |   | 11-2844247                           |
|--------------------------------------------------|--------|--------------------------------------|
| (State                  or other jurisdiction of |   | (I.R.S.                  Employer    |
| incorporation                  or organization)  |   | Identification                  No.) |

| 895                    Waverly Avenue, Holtsville, New York |   | 11742                         |
|-------------------------------------------------------------|--------|-------------------------------|
| (Address                    of principal executive offices) |   | (Zip                    Code) |

| Large                  Accelerated Filer o                     | Accelerated                  Filer o         |
|----------------------------------------------------------------|----------------------------------------------|
|                                                           |                                         |
| Non-Accelerated                  Filer                    | Smaller                  Reporting Company x |
| (Do                  not check if a smaller reporting company) |                                         |

----

**PART      1 - FINANCIAL INFORMATION**

**Item      1. Financial Statements**

|                                                                                                                                                                                                                                                                                   |   | March 312008 |        | June 30,2007 |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|-------------|-------------------|--------|
|                                                                                                                                                                                                                                                                                   |   | (unaudited)       |        |              |   |
| ASSETS:                                                                                                                                                                                                                                                                                |   |              |        |              |   |
| CURRENT                    ASSETS:                                                                                                                                                                                                                                                     |   |              |        |              |   |
| Cash                                                                                                                                                                                                                                                                                   |   | $                 | 102,673     |              | $      | 156,616 |   |
| Accounts                    receivable, net of allowance for doubtful accounts of $ 2,510,890                    and $                    2,522,678, respectively                                                                                                                      |   |              | 6,313,117   |              |   | 6,977,425 |   |
| Inventory                                                                                                                                                                                                                                                                              |   |              | 177,628     |              |   | 123,273 |   |
| Costs                    and estimated earnings in excess of billings on uncompleted                    contracts                                                                                                                                                                      |   |              | 70,478      |              |   | 17,523 |   |
| Prepaid                    expenses and other current assets                                                                                                                                                                                                                           |   |              | 438,672     |              |   | 1,278,112 |   |
|                                                                                                                                                                                                                                                                                   |   |              |        |              |   |   |   |
| Total                    current assets                                                                                                                                                                                                                                                |   |              | 7,102,568   |              |   | 8,552,949 |   |
|                                                                                                                                                                                                                                                                                   |   |              |        |              |   |   |   |
| PROPERTY                    AND EQUIPMENT, net of accumulated depreciation and amortization                    of $                    8,835,234 and $8,104,302, respectively                                                                                                          |   |              | 1,896,038   |              |   | 2,478,931 |   |
|                                                                                                                                                                                                                                                                                   |   |              |        |              |   |   |   |
| OTHER                    ASSETS:                                                                                                                                                                                                                                                       |   |              |        |              |   |   |   |
| Deferred                    financing costs                                                                                                                                                                                                                                            |   |              | 639,969     |              |   | 1,196,539 |   |
| Other                                                                                                                                                                                                                                                                                  |   |              | 128,182     |              |   | 136,359 |   |
| Total                    other assets                                                                                                                                                                                                                                                  |   |              | 768,151     |              |   | 1,332,898 |   |
|                                                                                                                                                                                                                                                                                   |   |              |        |              |   |   |   |
| TOTAL                                                                                                                                                                                                                                                                                  |   | $                 | 9,766,757   |              | $      | 12,364,778 |   |
|                                                                                                                                                                                                                                                                                   |   |              |        |              |   |   |   |
| LIABILITIES                    AND STOCKHOLDERS’ DEFICIENCY:                                                                                                                                                                                                                     |   |              |        |              |   |   |   |
|                                                                                                                                                                                                                                                                                   |   |              |        |              |   |   |   |
| CURRENT                    LIABILITIES:                                                                                                                                                                                                                                                |   |              |        |              |   |   |   |
| Accounts                    payable                                                                                                                                                                                                                                                    |   | $                 | 3,222,094   |              | $      | 2,599,514 |   |
| Liability                    for repurchased account receivable                                                                                                                                                                                                                        |   |              | 150,000     |              |   | 150,000 |   |
| Accrued                    expenses                                                                                                                                                                                                                                                    |   |              | 1,401,280   |              |   | 1,743,619 |   |
| Billings                    in excess of costs and estimated earnings on uncompleted                    contracts                                                                                                                                                                      |   |              | 33,164      |              |   | 64 |   |
| Secured                    convertible notes payable                                                                                                                                                                                                                                   |   |              | 630,923     |              |   | 908,430 |   |
| Secured                    non-convertible notes payable                                                                                                                                                                                                                               |   |              | 500,000     |              |   | 1,000,000 |   |
| Accrued                    payroll and related fringe benefits                                                                                                                                                                                                                         |   |              | 1,457,200   |              |   | 1,135,281 |   |
| Current                    maturities of long-term debt                                                                                                                                                                                                                                |   |              | 108,429     |              |   | 127,727 |   |
| Other                    current liabilities                                                                                                                                                                                                                                           |   |              | 573,829     |              |   | 366,612 |   |
| Total                    current liabilities                                                                                                                                                                                                                                           |   |              | 8,076,919   |              |   | 8,031,247 |   |
|                                                                                                                                                                                                                                                                                   |   |              |        |              |   |   |   |
| LONG-TERM                    DEBT:                                                                                                                                                                                                                                                     |   |              |        |              |   |    |   |
| Secured                    notes payable                                                                                                                                                                                                                                               |   |              | 5,100,758   |              |   | 3,991,494 |   |
| Other                                                                                                                                                                                                                                                                                  |   |              | 147,347     |              |   | 126,774 |   |
| Total                    long-term debt                                                                                                                                                                                                                                                |   |              | 5,248,105   |              |   | 4,118,268 |   |
|                                                                                                                                                                                                                                                                                   |   |              |        |              |   |   |   |
| SERIES                    A REDEEMABLE CONVERTIBLE PREFERRED STOCK, $.01 par value; 1,300,000                    shares                    authorized, issued and outstanding at March 31, 2008 and June                    30,                    2007                                |   |              | 1,300,000   |              |   | 1,300,000 |   |
|                                                                                                                                                                                                                                                                                   |   |              |        |              |   |   |   |
| COMMITMENTS                    AND CONTINGENCIES                                                                                                                                                                                                                                       |   |              |        |              |   |   |   |
|                                                                                                                                                                                                                                                                                   |   |              |        |              |   |   |   |
| STOCKHOLDERS’                    DEFICIENCY:                                                                                                                                                                                                                                     |   |              |        |              |   |   |   |
|                                                                                                                                                                                                                                                                                   |   |              |        |              |   |   |   |
| Series                    B preferred stock, $.01 par value; 50,000 shares issued and authorized;                    0                    shares outstanding at March 31, 2008 and June 30, 2007                                                                                       |   |              | -           |              |   | - |   |
| Nondesignated                    preferred stock, no par value; 8,650,000 shares authorized; 0                    shares                    issued and outstanding at March 31, 2008 and June 30, 2007                                                                                 |   |              | -           |              |   | - |   |
|                                                                                                                                                                                                                                                                                   |   |              |        |              |   |   |   |
| Common                    stock, $.0001 par value; 150,000,000 shares authorized; 43,083,161                    shares                    issued and outstanding at March 31, 2008 and 38,395,625 shares                    issued and                    outstanding at June 30, 2007 |   |              | 4,308       |              |   | 3,840 |   |
|                                                                                                                                                                                                                                                                                   |   |              |        |              |   |   |   |
| Additional                    paid-in-capital                                                                                                                                                                                                                                          |   |              | 45,796,816  |              |   | 45,305,585 |   |
| Accumulated                    deficit                                                                                                                                                                                                                                                 |   |              | (50,659,391 | )                 |   | (46,394,162 | ) |
| Total                    stockholders’ deficiency                                                                                                                                                                                                                                |   |              | (4,858,267  | )                 |   | (1,084,737 | ) |
|                                                                                                                                                                                                                                                                                   |   |              |        |              |   |   |   |
| TOTAL                                                                                                                                                                                                                                                                                  |   | $                 | 9,766,757   |              | $      | 12,364,778 |   |

----

|                                                                                                                                         |   | Three Months EndedMarch 31,2008 |       | Three Months EndedMarch 31,2007 |   | Nine Months EndedMarch 31,2008 |   | Nine Months EndedMarch 31,2007 |       |
|----------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------|------------|------------------------------------------------|--------|-----------------------------------------------|--------|-----------------------------------------------|------------|
|                                                                                                                                         |   |                                           |       |                                           |   |                                          |   |                                          |       |
| Revenues                                                                                                                                     |   | $                                              | 2,739,349  |                                           | $      | 3,064,582                                     |   | $                                             | 9,645,246  |   | $ | 7,571,851 |   |
|                                                                                                                                         |   |                                           |       |                                           |   |                                          |   |                                          |       |   |   |   |   |
| Cost                  of revenues                                                                                                            |   |                                           | 2,135,004  |                                           |   | 2,533,293                                     |   |                                          | 7,512,047  |   |   | 7,531,592 |   |
|                                                                                                                                         |   |                                           |       |                                           |   |                                          |   |                                          |       |   |   |   |   |
| Gross                  profit                                                                                                                |   |                                           | 604,345    |                                           |   | 531,289                                       |   |                                          | 2,133,199  |   |   | 40,259 |   |
|                                                                                                                                         |   |                                           |       |                                           |   |                                          |   |                                          |       |   |   |   |   |
| Operating                  expenses:                                                                                                         |   |                                           |       |                                           |   |                                          |   |                                          |       |   |   |   |   |
| Selling,                  general and administrative expenses                                                                                |   |                                           | 1,407,228  |                                           |   | 995,176                                       |   |                                          | 4,524,612  |   |   | 4,843,622 |   |
|                                                                                                                                         |   |                                           |       |                                           |   |                                          |   |                                          |       |   |   |   |   |
| Loss                  from operations                                                                                                        |   |                                           | (802,883   | )                                              |   | (463,887                                      | )      |                                          | (2,391,413 | ) |   | (4,803,363 | ) |
|                                                                                                                                         |   |                                           |       |                                           |   |                                          |   |                                          |       |   |   |   |   |
| Other                  expense/(income):                                                                                                     |   |                                           |       |                                           |   |                                          |   |                                          |       |   |   |   |   |
| Mark-to-market                  gain on embedded derivatives                                                                                 |   |                                           | -          |                                           |   | -                                             |   |                                          | -          |   |   | (15,721,986 | ) |
| Interest                  expense                                                                                                            |   |                                           | 628,268    |                                           |   | 578,228                                       |   |                                          | 1,874,470  |   |   | 2,369,950 |   |
| Gain                  on extinguishment of embedded derivative liability and loss from                  exercise                  of options |   |                                           | -          |                                           |   | -                                             |   |                                          | -          |   |   | (987,105 | ) |
| Other                  income, net                                                                                                           |   |                                           | (7,234     | )                                              |   | (69                                           | )      |                                          | (7,609     | ) |   | (39,880 | ) |
| Total                  other expense/ (income):                                                                                              |   |                                           | 621,034    |                                           |   | 578,159                                       |   |                                          | 1,866,861  |   |   | (14,379,021 | ) |
|                                                                                                                                         |   |                                           |       |                                           |   |                                          |   |                                          |       |   |   |   |   |
| (Loss)/income                  before provision/(benefit) for income taxes                                                                   |   |                                           | (1,423,917 | )                                              |   | (1,042,046                                    | )      |                                          | (4,258,274 | ) |   | 9,575,658 |   |
|                                                                                                                                         |   |                                           |       |                                           |   |                                          |   |                                          |       |   |   |   |   |
| (Benefit)/provision                  for income taxes                                                                                        |   |                                           | -          |                                           |   | (215,095                                      | )      |                                          | 6,955      |   |   | (1,527,384 | ) |
|                                                                                                                                         |   |                                           |       |                                           |   |                                          |   |                                          |       |   |   |   |   |
| Net                  (loss)/income                                                                                                           |   |                                           | (1,423,917 | )                                              |   | (826,951                                      | )      |                                          | (4,265,229 | ) |   | 11,103,042 |   |
|                                                                                                                                         |   |                                           |       |                                           |   |                                          |   |                                          |       |   |   |   |   |
| Dividends                  on preferred stock                                                                                                |   |                                           | 19,500     |                                           |   | 19,500                                        |   |                                          | 58,500     |   |   | 58,500 |   |
|                                                                                                                                         |   |                                           |       |                                           |   |                                          |   |                                          |       |   |   |   |   |
| Net(loss)/                  profit attributable to common shareholders                                                                       |   | $                                              | (1,443,417 | )                                              | $      | (846,451                                      | )      | $                                             | (4,323,729 | ) | $ | 11,044,542 |   |
|                                                                                                                                         |   |                                           |       |                                           |   |                                          |   |                                          |       |   |   |   |   |
| Basic                  and diluted net loss per common share:                                                                                |   |                                           |       |                                           |   |                                          |   |                                          |       |   |   |   |   |
| Basic                                                                                                                                        |   | $                                              | (0.03      | )                                              | $      | (0.02                                         | )      | $                                             | (0.10      | ) | $ | (0.11 | ) |
| Diluted                                                                                                                                      |   | $                                              | (0.03      | )                                              | $      | (0.02                                         | )      | $                                        | (0.10      | ) | $ | (0.11 | ) |
|                                                                                                                                         |   |                                           |       |                                           |   |                                          |   |                                          |       |   |   |   |   |
| Weighted                  average number of common shares outstanding:                                                                       |   |                                           |       |                                           |   |                                          |   |                                          |       |   |   |   |   |
| Basic                                                                                                                                        |   |                                           | 42,757,747 |                                           |   | 36,094,703                                    |   |                                          | 41,816,487 |   |   | 34,615,597 |   |
| Diluted                                                                                                                                      |   |                                           | 42,757,747 |                                           |   | 36,094,703                                    |   |                                          | 41,816,487 |   |   | 34,615,597 |   |

----

|                                                               |   | Common Stock    |       |           |   |                                                     |   |               |       |
|--------------------------------------------------------------------|--------|----------------------|------------|----------------|--------|----------------------------------------------------------|--------|--------------------|------------|
|                                                               |   | Number ofShares |       | Par Value |   |  Additional Paid-in                    Capital |   | AccumulatedDeficit |       | Total |   |
|                                                               |   |                 |       |           |   |                                                     |   |               |       |   |   |
| Balance                    at June 30, 2007                        |   |                 | 38,395,625 |           | $      | 3,840                                                    |   | $                  | 45,305,585 |   | $ | (46,394,162 | ) | $ | (1,084,737 | ) |
|                                                               |   |                 |       |           |   |                                                     |   |               |       |   |   |   |   |   |   |   |
| Conversion                    of notes and interest                |   |                 | 2,336,152  |           |   | 234                                                      |   |               | 210,020    |   |   |   |   |   | 210,254 |   |
| Exercise                    of options                             |   |                 | 1,254,619  |           |   | 125                                                      |   |               | (125       | ) |   |   |   |   | - |   |
| Stock                    option compensation                       |   |                 |       |           |   |                                                     |   |               | 28,335     |   |   |   |   |   | 28,335 |   |
| Dividends                    on Series A preferred stock           |   |                 |       |           |   |                                                     |   |               | (58,500    | ) |   |   |   |   | (58,500 | ) |
| Extension                    of Laurus warrants                    |   |                 |       |           |   |                                                     |   |               | 218,385    |   |   |   |   |   | 218,385 |   |
| Conversion                    of liability for consulting services |   |                 | 1,096,765  |           | $      | 109                                                      |   |               | 93,116     |   |   |   |   |   | 93,225 |   |
| Net                    loss                                        |   |                 |       |           |   |                                                     |   |               |       |   |   | (4,265,229 | ) |   | (4,265,229 | ) |
|                                                               |   |                 |       |           |   |                                                     |   |               |       |   |   |   |   |   |   |   |
| Balance                    at March 31, 2008                       |   |                 | 43,083,161 |           | $      | 4,308                                                    |   | $                  | 45,796,816 |   | $ | (50,659,391 | ) | $ | (4,858,267 | ) |

----

|                                                                                                           |   | Nine Months Ended    |       | Nine Months Ended |   |
|----------------------------------------------------------------------------------------------------------------|--------|--------------------------------|------------|-----------------------------|--------|
|                                                                                                           |   | March                  31,2008 |       | March 31,2007          |   |
|                                                                                                           |   |                           |       |                        |   |
| CASH                  FLOWS FROM OPERATING ACTIVITIES:                                                         |   |                           |       |                        |   |
| Net                  (loss)/income                                                                             |   | $                              | (4,265,229 | )                           | $      | 11,103,042 |   |
| Adjustments                  to net cash used in operating activities                                          |   |                           |       |                        |   |   |   |
| Mark-to-market                  income on embedded derivative liabilities                                      |   |                           | -          |                        |   | (15,721,986 | ) |
| Non-cash                  interest expense on convertible secured note                                         |   |                           | 83,003     |                        |   | 851,653 |   |
| (Gain)                  on extinguishment of embedded derivatives/loss on exercise of                  options |   |                           | -          |                        |   | (987,105 | ) |
| Depreciation                  and amortization                                                                 |   |                           | 730,932    |                        |   | 686,319 |   |
| Provision                  for doubtful accounts, net                                                          |   |                           | (11,788    | )                           |   | 774,903 |   |
| Amortization                  of deferred financing cost                                                       |   |                           | 928,457    |                        |   | 891,936 |   |
| Amortization                  of discount on secured convertible note                                          |   |                           | 359,008    |                        |   | 239,339 |   |
| Stock-based                  compensation                                                                      |   |                           | 28,335     |                        |   | - |   |
| Changes                  in operating assets and liabilities:                                                  |   |                           |       |                        |   |   |   |
| Accounts                  receivable                                                                           |   |                           | 706,123    |                        |   | 2,808,607 |   |
| Inventory                                                                                                      |   |                           | (54,355    | )                           |   | 26,277 |   |
| Costs                  and estimated earnings in excess of billings on uncompleted                  contracts  |   |                           | (52,955    | )                           |   | (26,806 | ) |
| Prepaid                  expenses and other current assets                                                     |   |                           | 771,092    |                        |   | 160,162 |   |
| Other                  assets                                                                                  |   |                           | 8,798      |                        |   | 17,254 |   |
| Accounts                  payable and accrued expenses                                                         |   |                           | 103,837    |                        |   | 129,349 |   |
| Accrued                  payroll and related fringe benefits                                                   |   |                           | 321,919    |                        |   | 387,065 |   |
| Income                  tax payable                                                                            |   |                           | 68,348     |                        |   | (1,796,532 | ) |
| Other                  current liabilities                                                                     |   |                           | 207,217    |                        |   | 250,538 |   |
| Billings                  in excess of costs and estimated earnings on uncompleted                  contracts  |   |                           | 33,100     |                        |   | 84,624 |   |
|                                                                                                           |   |                           |       |                        |   |   |   |
| NET                  CASH USED IN OPERATING ACTIVITIES:                                                        |   |                           | (34,158    | )                           |   | (121,361 | ) |
|                                                                                                           |   |                           |       |                        |   |   |   |
| CASH                  FLOWS FROM INVESTING ACTIVITIES:                                                         |   |                           |       |                        |   |   |   |
| Purchases                  of property and equipment                                                           |   |                           | (3,719     | )                           |   | (346,856 | ) |
| Proceeds                  from third-party receivables                                                         |   |                           | -          |                        |   | 189,197 |   |
| NET                  CASH USED IN INVESTING ACTIVITIES                                                         |   |                           | (3,719     | )                           |   | (157,659 | ) |
|                                                                                                           |   |                           |       |                        |   |   |   |
| CASH                  FLOWS FROM FINANCING ACTIVITIES:                                                         |   |                           |       |                        |   |   |   |
| Principal                  payments of long-term debt                                                          |   |                           | (112,566   | )                           |   | (157,237 | ) |
| Cancellation                  of liability to a related party                                                  |   |                           | -          |                        |   | (39,197 | ) |
| Payments                  for deferred financing costs                                                         |   |                           | (3,500     | )                           |   | (8,750 | ) |
| Proceeds                  from secured notes payable                                                           |   |                           | 100,000    |                        |   | 250,000 |   |
| NET                  CASH (USED IN)/ PROVIDED BY FINANCING ACTIVITIES                                          |   |                           | (16,066    | )                           |   | 44,816 |   |
|                                                                                                           |   |                           |       |                        |   |   |   |
| NET                  DECREASE IN CASH                                                                          |   |                           | (53,943    | )                           |   | (234,204 | ) |
|                                                                                                           |   |                           |       |                        |   |   |   |
| CASH                  - BEGINNING OF PERIOD                                                                    |   |                           | 156,616    |                        |   | 610,884 |   |
|                                                                                                           |   |                           |       |                        |   |   |   |
| CASH                  - END OF PERIOD                                                                          |   | $                              | 102,673    |                        | $      | 376,680 |   |
|                                                                                                           |   |                           |       |                        |   |   |   |
|                                                                                                           |   |                           |       |                        |   |   |   |
| Cash                  paid during the period for:                                                              |   |                           |       |                        |   |   |   |
| Interest                                                                                                       |   | $                              | 171,680    |                        | $      | 331,665 |   |
| Income                  taxes                                                                                  |   | $                              | 6,955      |                        | $      | 14,587 |   |
|                                                                                                           |   |                           |       |                        |   |   |   |
| SUPPLEMENTAL                  SCHEDULE OF NON-CASH ACTIVITIES:                                                 |   |                           |       |                        |   |   |   |
| Extinguishment                  of derivative liabilities                                                      |   |                           | -          |                        | $      | 6,539,023 |   |
| Reduction                  of long-term debt through note conversion - Laurus                                  |   | $                              | 127,251    |                        | $      | 117,596 |   |
| Laurus                  note conversion                                                                        |   |                           | -          |                        | $      | 100,000 |   |
| Tax                  benefit on extinguishment of embedded derivatives                                         |   |                           | -          |                        | $      | 4,900 |   |
| Reduction                  of accounts payable by stock conversion                                             |   | $                              | 93,224     |                        |   | - |   |

----

| 1.   | BASIS                FOR PRESENTATION – The accompanying unaudited consolidated financial                statements include the accounts of Windswept Environmental Group,                Inc.                (the “Company”) and its subsidiaries, Trade-Winds Environmental                Restoration, Inc. (“Trade-Winds”), North Atlantic Laboratories, Inc.,                Environmental Restoration Inc. and RestoreNet Inc. All inter-company                accounts and transactions have been eliminated in consolidation.                The                unaudited consolidated financial statements have been prepared by                the                Company in accordance with accounting principles generally accepted                in the                United States of America (“generally accepted accounting principles”) for                interim financial statements and with the instructions to Form 10-Q                and                Article 10 of Regulation S-X. Accordingly, they do not include all                of the                information and footnotes required by generally accepted accounting                principles for complete financial statements. In the opinion of the                Company, all adjustments (consisting of only normal and recurring                accruals) considered necessary to present fairly the financial position                of                the Company and its subsidiaries on a consolidated basis as of March                31,                2008, the results of operations for the three months and nine months                ended                March 31, 2008 and March 31, 2007 and cash flows for the nine months                ended                March 31, 2008 and March 31, 2007 have been included. Certain prior                period                amounts have been reclassified to conform to the March 31, 2008                presentation. |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | STOCK-BASED                COMPENSATION – The                Company consummated various transactions where it paid the consideration                primarily in options or warrants to purchase its common stock. These                transactions include financing transactions and providing incentives                to                attract, retain and motivate employees, officers and directors. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | exercise                price (the price to be paid for a share of the Company’s common                stock); |
|--|--------|----------------------------------------------------------------------------------------------------------------------|

|  | · | price                  of the Company’s common stock on the day the options or warrants are                  granted; |
|--|--------|-----------------------------------------------------------------------------------------------------------------------------|

|  | · | the                expected number of days that the options or warrants will be held                before                they are exercised, based on                the average of their vesting and contractual                periods; |
|--|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | trading                volatility of the Company’s common stock, based on historical prices for a                retrospective period                equal to the expected holding period together with certain other                factors;                and |
|--|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | the                annual risk-free interest rate on the day the option or warrant is                granted                for the expected holding period. |
|--|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 3. | NET(LOSS)/                INCOME PER COMMON SHARE –Basic and diluted loss per common share was                calculated for all periods in accordance with the requirements of                Statement of Financial Accounting Standards No. 128, “Earnings per Share”.                The following table sets forth the computation of the basic and diluted                loss per share for the three and nine months ended March 31, 2008                and the                three and nine months ended March 31, 2007,                respectively: |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                                                    |   | Three MonthsEnded  |       | Three MonthsEnded |   | Nine MonthsEnded |   | Nine MonthsEnded |       |
|---------------------------------------------------------------------------------------------------------|--------|------------------------------|------------|------------------------|--------|-----------------------|--------|-----------------------|------------|
|                                                                                                    |   | March 31,2008           |       | March 31,2007     |   | March 31,2008    |   | March 31,2007    |       |
| Numerator:                                                                                              |   |                         |       |                   |   |                  |   |                  |       |
| Net(loss)/                  income attributable to common shareholders                                  |   | $                            | (1,443,417 | )                      | $      | (846,451              | )      | $                     | (4,323,729 | ) | $ | 11,044,542 |   |
| (Deduct)/Add:                                                                                           |   |                         |       |                   |   |                  |   |                  |       |   |   |   |   |
| Mark-to-market                  gain                                                                    |   |                         | -          |                   |   | -                     |   |                  | -          |   |   | (15,721,986 | ) |
| Interest                  on convertible debt                                                           |   |                         | -          |                   |   | -                     |   |                  | -          |   |   | 739,724 |   |
| Dividends                  on preferred stock                                                           |   |                         | 19,500     |                   |   | 19,500                |   |                  | 58,500     |   |   | 58,500 |   |
| Net                  (loss) attributable to common shareholders and assumed                  conversion |   | $                            | (1,423,917 | )                      | $      | (826,951              | )      | $                     | (4,265,229 | ) | $ | (3,879,220 | ) |
| Denominator:                                                                                            |   |                         |       |                   |   |                  |   |                  |       |   |   |   |   |
| Share                  reconciliation:                                                                  |   |                         |       |                   |   |                  |   |                  |       |   |   |   |   |
| Shares                  used for basic loss per share                                                   |   |                         | 42,757,747 |                   |   | 36,094,703            |   |                  | 41,816,487 |   |   | 34,615,597 |   |
| Effect                  of dilutive items:                                                              |   |                         |       |                   |   |                  |   |                  |       |   |   |   |   |
| Stock                  options                                                                          |   |                         | -          |                   |   | -                     |   |                  | -          |   |   | - |   |
| Convertible                  securities                                                                 |   |                         | -          |                   |   | -                     |   |                  | -          |   |   | - |   |
| Shares                  used for diluted loss per share                                                 |   |                         | 42,757,747 |                   |   | 36,094,703            |   |                  | 41,816,487 |   |   | 34,615,597 |   |
| Loss                  per share:                                                                        |   |                         |       |                   |   |                  |   |                  |       |   |   |   |   |
| Basic                  and diluted                                                                      |   | $                            | (.03       | )                      | $      | (.02                  | )      | $                     | (.10       | ) | $ | (.11 | ) |

| 4. | PROVISION                FOR INCOME TAXES – The provision for income taxes for the three and                nine months ended March 31, 2008 and the three and nine months ended                March                31, 2007 consists of the following: |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                             |   | Three MonthsEnded |   | Three MonthsEnded |   | Nine MonthsEnded |   | Nine MonthsEnded |   |
|----------------------------------|--------|------------------------|--------|------------------------|--------|-----------------------|--------|-----------------------|--------|
|                             |   | March 31,2008     |   | March 31,2007     |   | March 31,2008    |   | March 31,2007    |   |
|                             |   |                   |   |                   |   |                  |   |                  |   |
| Federal                - current |   | $                      | -      |                   | $      | (208,724              | )      | $                     | -      |   | $ | (1,535,953 | ) |
| State                - current   |   |                   | -      |                   |   | (6,371                | )      |                  | 6,955  |   |   | 8,569 |   |
| Total                            |   | $                      | -      |                   | $      | (215,095              | )      | $                     | 6,955  |   | $ | (1,527,384 | ) |

| 5. | CONTINGENCIES –                The Company is a plaintiff in 18 lawsuits, including those described                in                the Notes to the Financial Statements included in the Company’s Annual                Report on Form 10-K for the year ended June 30, 2007, claiming an                aggregate of approximately $7,350,000 pursuant to which it is seeking                to                collect amounts it believes are owed to it by customers included in                its accounts receivable, primarily with respect to changed work orders                or                other modifications to its scope of work. The defendants in these                actions                have asserted counterclaims for an aggregate of approximately                $1,000,000 |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 6. | FINANCING                AND RELATED PARTY TRANSACTIONS –                In                July 2007, the Company issued an additional non-convertible secured                note                to Laurus in the principal amount of $100,000, on the same terms                and                conditions as the other non-convertible notes previously issued to                Laurus                in January and April 2007. The note bears interest at a rate of 17.5%                per                annum and is due on January 8,                2009. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 7. | SUBSEQUENT                EVENTS– On April 11, 2008, the Company issued 630,548 shares of its common                stock under the 2001 Equity Incentive Plan to the same consultant                described in Note 6 for additional services rendered. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   | On                April 30, 2008, the Company entered into another Omnibus Agreement                with                Laurus pursuant to which the payments under the amended convertible                note                due on March 1, 2008, April 1, 2008 and May 1, 2008 were deferred                to a                date which is the earlier to occur of the maturity date of the note                (June                30, 2009) and the date upon which all obligations arising under the                note                have been paid in full. In consideration of this waiver, the Company                agreed to pay on the maturity date an additional fee in the amount                of                $50,000. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | · | we                generally do not commence projects until we have a fully executed                contract; |
|--|--------|--------------------------------------------------------------------------------------------------------------|

|  | · | our                  contracts provide that our customers are directly obligated for                  our                  services; |
|--|--------|--------------------------------------------------------------------------------------------------------------------------------------|

|  | · | we                require client approval with respect to the work performed or to                be                performed; |
|--|--------|--------------------------------------------------------------------------------------------------------------------------------|

|  | · | we                seek deposits or mobilization fees; |
|--|--------|-------------------------------------------------------|

|  | · | we                engage local legal counsel in the areas in which we operate in order                to                file liens against customers’ real property                in the event of contract disputes;                and |
|--|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | we                review every invoice for proper documentation prior to submission                to our                customers for payment. |
|--|--------|-------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | the                prime interest rate was projected to increase 0.25% per quarter for                the                first year; |
|--|--------|--------------------------------------------------------------------------------------------------------------------------------------|

|  | · | the                future volatility of common stock was projected at                150%; |
|--|--------|--------------------------------------------------------------------------------------------|

|  | · | the                stock price annual growth rate was estimated at the cost of                equity; |
|--|--------|-------------------------------------------------------------------------------------------------------|

|  | · | a                default on registration requirements was projected at                5.0%; |
|--|--------|---------------------------------------------------------------------------------------------|

|  | · | other                forms of default were projected at 5.0% initially, increasing 0.1%                monthly; |
|--|--------|-----------------------------------------------------------------------------------------------------------------|

|  | · | the                availability of alternative financing to redeem the note, if the                exercise                of the redemption option was triggered,                starting at 0%, increasing monthly by 1% to a maximum of                25%; |
|--|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | the                twenty-two day trading volume remaining flat;                and |
|--|--------|-------------------------------------------------------------------------------------|

|  | · | the                weighted average reset period projected at                $0.0899. |
|--|--------|---------------------------------------------------------------------------------------|

----

|  | · | exercise                price (the price to be paid for a share of our                stock); |
|--|--------|-----------------------------------------------------------------------------------------------|

|  | · | price                of our stock on the day the options or warrants are                granted; |
|--|--------|--------------------------------------------------------------------------------------------------|

|  | · | the                expected number of days that the options or warrants will be held                before                they are exercised, based on                the average of their vesting and contractual                periods; |
|--|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | trading                volatility of our stock, based on historical prices for a retrospective                period equal to the expected                holding period together with certain other factors, as applicable;                and |
|--|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | the                annual risk-free interest rate on the day the option or warrant is                granted                for the expected holding period. |
|--|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | The                original contract or other evidence provides a legal basis for the                claim; |
|--|--------|-------------------------------------------------------------------------------------------------------------|

|  | · | The                additional costs were caused by circumstances that were unforeseen                at the                contract date and were not                the result of deficiencies in our                performance; |
|--|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | Costs                associated with the claims are identifiable;                and |
|--|--------|--------------------------------------------------------------------------------------|

|  | · | The                evidence supporting the claims is objective and                verifiable. |
|--|--------|-----------------------------------------------------------------------------------------------|

----

*Three      months ended March 31, 2008 and three months ended March 31,      2007*

----

*Nine      months ended March 31, 2008 and nine months ended March 31,      2007*

----

|  | · | Obtain                profitable environmental or related construction contracts. So long                as we                have sufficient working capital, we anticipate that we will continue                to                bid on large projects, although there can be no assurance that any                of our                bids will be accepted or that we will have sufficient working capital. |
|--|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | Continue                to control our selling, general and administrative expenses, which                were                originally increased in connection with our need to incur labor,                operating                and equipment expenses in relation to our operations in the gulf                coast and                Florida regions during fiscal 2006. We have and are continuing the                process                of optimizing the efficiency of our support staff through enhanced                task                allocation while reducing unneeded resources and reviewing non-project                related expenses to reduce costs, while preserving the quality of                our                service. |
|--|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | · | Raise                additional capital or obtain additional financing. Management has                preliminarily explored additional funding sources, but has been unable                to                attract additional debt or equity capital. In addition, the existence                of                the Laurus and Spotless security interests may impair our ability                to raise                additional debt capital. Further, the small number of available authorized                shares of our common stock may impair our ability to obtain equity                capital. No assurance can be given that we will be able to obtain                additional debt or equity capital, although our management expects                to                continue seeking any such favorable                opportunities. |
|--|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | Generate                positive cash flow from operations. We seek to obtain profitable                contracts                that generate gross profits more than sufficient to pay our expenses                and                reduce our difficulty with cash collections and slow cash                flow. |
|--|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                             |   | Total  |       | 1                Year |   | 2-3                Years |   | 4-5                Years |      | Thereafter |   |
|--------------------------------------------------|--------|--------|------------|-----------------------|--------|--------------------------|--------|--------------------------|-----------|------------|--------|
|                                             |   |   |       |                  |   |                     |   |                     |      |       |   |   |   |   |   |   |
| Operating                Leases                  |   | $      | 3,121,745  |                  | $      | 638,934                  |   | $                        | 1,166,919 |       | $      | 1,085,967 |   | $ | 229,925 |   |
|                                             |   |   |       |                  |   |                     |   |                     |      |       |   |   |   |   |   |   |
| Capitalized                Leases-Principal      |   |   | 149,740    |                  |   | 76,618                   |   |                     | 55,050    |       |   | 18,072 |   |   | - |   |
|                                             |   |   |       |                  |   |                     |   |                     |      |       |   |   |   |   |   |   |
| Capitalized                Leases- Interest      |   |   | 11,878     |                  |   | 6,159                    |   |                     | 4,981     |       |   | 738 |   |   | - |   |
|                                             |   |   |       |                  |   |                     |   |                     |      |       |   |   |   |   |   |   |
| Laurus                Term Note- Principal       |   |   | 600,000    |                  |   | -                        |   |                     | 600,000   |       |   | - |   |   | - |   |
|                                             |   |   |       |                  |   |                     |   |                     |      |       |   |   |   |   |   |   |
| Laurus                Term Note-Interest         |   |   | 158,959    |                  |   | 122,792                  |   |                     | 36,167    |       |   | - |   |   | - |   |
|                                             |   |   |       |                  |   |                     |   |                     |      |       |   |   |   |   |   |   |
| BB&T                Notes (1)                |   |   | 106,036    |                  |   | 31,811                   |   |                     | 63,621    |       |   | 10,604 |   |   | - |   |
|                                             |   |   |       |                  |   |                     |   |                     |      |       |   |   |   |   |   |   |
| BB&T                Interest (1)             |   |   | 9,278      |                  |   | 2,783                    |   |                     | 5,567     |       |   | 928 |   |   | - |   |
|                                             |   |   |       |                  |   |                     |   |                     |      |       |   |   |   |   |   |   |
| Laurus                Convertible Note-Principal |   |   | 5,730,028  |                  |   | 704,488                  |   |                     | 5,025,540 |       |   | - |   |   | - |   |
|                                             |   |   |       |                  |   |                     |   |                     |      |       |   |   |   |   |   |   |
| Laurus                Convertible Note-Interest  |   |   | 1,170,346  |                  |   | 589,512                  |   |                     | 580,834   |       |   | - |   |   | - |   |
|                                             |   |   |       |                  |   |                     |   |                     |      |       |   |   |   |   |   |   |
| Spotless                Note-Principal           |   |   | 500,000    |                  |   | 500,000                  |   |                     | -         |       |   | - |   |   | - |   |
|                                             |   |   |       |                  |   |                     |   |                     |      |       |   |   |   |   |   |   |
| Spotless                Note-Interest            |   |   | 97,117     |                  |   | 97,117                   |   |                     | -         |       |   | - |   |   | - |   |
|                                             |   |   |       |                  |   |                     |   |                     |      |       |   |   |   |   |   |   |
| Total                                            |   | $      | 11,655,127 |                  | $      | 2,770,214                |   | $                        | 7,538,679 |       | $      | 1,116,309 |   | $ | 229,925 |   |

----

|  | · | the                Laurus note at a rate of 10.25% per                annum; |
|--|--------|------------------------------------------------------------------------------|

|  | · | the                Spotless note at a rate of 4.71% per annum; and |
|--|--------|--------------------------------------------------------------------|

|  | · | an                aggregate of $149,740 of other long-term debt with maturities ranging                from                3 months to 49 months for financed trucks and vehicles with interest                rates                ranging from 3.90% to 13.99%. |
|--|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | · | the                timing of large projects in certain of our service areas, i.e., asbestos                and mold abatement and                construction; |
|--|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | the                timing of catastrophes; and |
|--|--------|------------------------------------------------|

|  | · | inclement                weather conditions. In particular, extended periods of rain, cold                weather                or other inclement weather conditions may result in delays in commencing                or completing projects, in whole or in part. Any such delays may                adversely                affect our operations and financial results and may adversely affect                the                performance of other projects due to scheduling and staffing                conflicts. |
|--|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | the                market acceptance and amount of sales of our                services; |
|--|--------|------------------------------------------------------------------------------------------|

|  | · | our                success in increasing revenues and reducing                expenses; |
|--|--------|-----------------------------------------------------------------------------------------|

|  | · | the                    frequency and magnitude of environmental disasters or disruptions                    resulting in the need for the types of services we                    provide; |
|--|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | our                ability to service our debt and other financial obligations, particularly                if required to pay in cash; |
|--|--------|-----------------------------------------------------------------------------------------------------------------------------------------|

|  | · | the                    extent of the enactment, enforcement and strict interpretations                    of laws                    relating to environmental                    remediation; |
|--|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | our                ability to obtain and manage new and large                projects; |
|--|--------|----------------------------------------------------------------------------------------|

|  | · | the                competitive environment within the industries in which we                operate; |
|--|--------|------------------------------------------------------------------------------------------------------|

|  | · | our                ability to raise or access capital; |
|--|--------|--------------------------------------------------------|

|  | · | our                ability to continue as a going                concern; |
|--|--------|---------------------------------------------------------------------------|

|  | · | our                ability to effectively implement and maintain internal controls and                procedures; |
|--|--------|-------------------------------------------------------------------------------------------------------------------|

|  | · | our                dependence on key personnel; |
|--|--------|-------------------------------------------------|

|  | · | our                ability to timely collect our accounts                receivable; |
|--|--------|--------------------------------------------------------------------------------------|

|  | · | our                ability to attract and retain qualified personnel;                and |
|--|--------|------------------------------------------------------------------------------------------|

|  | · | the                    other factors and information disclosed and discussed in other                    sections of                    this quarterly report on Form 10-Q and in our report on Form                    10-K for the                    fiscal year ended June 30, 2007. |
|--|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | · | Laurus                note at a rate of 10.25% per annum; |
|--|--------|-----------------------------------------------------------|

|  | · | Spotless                note at a rate of 4.71% per annum;                and |
|--|--------|-------------------------------------------------------------------------------|

|  | · | Various                other debt for financed trucks and vehicles with maturities ranging                from 3                months to 49 months with                interest rates ranging from 3.90% to                13.99%. |
|--|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 10.1   | Omnibus                Amendment and Waiver, dated January 8, 2008, between Windswept                Environmental Group, Inc. and Laurus Master Fund, Ltd., Valens Offshore                SPV I, Ltd., Valens U.S. SPV I, LLC, and LV Administrative Services,                Inc.                (incorporated by reference to Exhibit 10.1 to the Current Report                on Form                8-K (Date of Report: January 8, 2008) filed with the Securities and                Exchange Commission on January 11, 2008).                                                                                               |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 10.2   | Omnibus                Amendment to Warrant, Waiver to Note and Lockup Agreement, dated                March 31,                2008, between Windswept Environmental Group, Inc. and Laurus Master                Fund,                Ltd., Valens Offshore SPV I, Ltd., Valens U.S. SPV I, LLC, PSource                Structured Debt Limited and LV Administrative Services, Inc. (incorporated                by reference to Exhibit 10.1 to the Current Report on Form 8-K (Date                of                Report: March 31, 2008) filed with the Securities and Exchange Commission                on April 3, 2008). |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 31.1   | Certification                of Chief Executive Officer pursuant to Sarbanes-Oxley Section                302(a).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 31.2   | Certification                of Chief Financial Officer pursuant to Sarbanes-Oxley Section                302(a).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 32     | Certification                of Chief Executive Officer and Chief Financial Officer pursuant to                18                U.S.C. Section 1350.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |

----

|                              |   | WINDSWEPT                ENVIRONMENTAL GROUP, INC.   |
|-----------------------------------|--------|------------------------------------------------------|
|                              |   |                                                 |
| Date:                May 20, 2008 | By:    | /s/                Michael O’Reilly            |
|                              |   | MICHAEL                O’REILLY                |
|                              |   | President                and Chief Executive Officer |
|                              |   | (Principal                Executive Officer)         |
|                              |   |                                                 |
| Date:                May 20, 2008 | By:    | /s/                Arthur J. Wasserspring            |
|                              |   | ARTHUR                J. WASSERSPRING                |
|                              |   | Chief                Financial Officer               |
|                              |   | (Principal                Financial Officer)         |

----

| Exhibit                No. |   | Description                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|----------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                       |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 10.1                       |   | Omnibus                Amendment and Waiver, dated January 8, 2008, between Windswept                Environmental Group, Inc. and Laurus Master Fund, Ltd., Valens Offshore                SPV I, Ltd., Valens U.S. SPV I, LLC, and LV Administrative Services,                Inc.                (incorporated by reference to Exhibit 10.1 to the Current Report                on Form                8-K (Date of Report: January 8, 2008) filed with the Securities and                Exchange Commission on January 11, 2008).                                                                                               |
|                       |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 10.2                       |   | Omnibus                Amendment to Warrant, Waiver to Note and Lockup Agreement, dated                March 31,                2008, between Windswept Environmental Group, Inc. and Laurus Master                Fund,                Ltd., Valens Offshore SPV I, Ltd., Valens U.S. SPV I, LLC, PSource                Structured Debt Limited and LV Administrative Services, Inc. (incorporated                by reference to Exhibit 10.1 to the Current Report on Form 8-K (Date                of                Report: March 31, 2008) filed with the Securities and Exchange Commission                on April 3, 2008). |
|                       |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|                       |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 31.1                       |   | Certification                of Chief Executive Officer pursuant to Sarbanes-Oxley Section                302(a).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|                       |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 31.2                       |   | Certification                of Chief Financial Officer pursuant to Sarbanes-Oxley Section                302(a).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|                       |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 32                         |   | Certification                of Chief Executive Officer and Chief Financial Officer pursuant to                18                U.S.C. Section 1350.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |

----