Sputnik Enterprises Inc. filed its 10-K on March 31, 2009 for the period ending December 31, 2008. In this report its auditor, M & K CPAS, PLLC, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

On 11/14/2008, Sputnik Enterprises, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Sputnik, Ubiquiti Networks and Streakwave Wireless Inc. announced that Ubiquiti PowerStation 2/5 and NanoStation 2/5 wireless platforms will support Sputnik software. Streakwave will demonstrate the Ubiquiti PowerStation and NanoStation wireless platforms integrated with Sputnik software at HITEC 2008 June 16-19 in Austin, Texas. The Ubiquiti PowerStation is a versatile 802.11-based indoor/outdoor wireless platform with exceptional radio and antenna design. The NanoStation is an inexpensive 802.11-based indoor/outdoor wireless platform that combines a high-gain four-antenna system and advanced radio architecture, allowing extremely high throughput, stability, and price-performance. Both now run the Sputnik Agent (as part of DD-WRT firmware), enabling them to work in conjunction with the SputnikNet web application for easy-to-deploy, centrally managed, access-controlled networks such as hotspots or hotzones. SputnikNet, a subscription service, gives Wi-Fi providers the ability to manage end-user access, branding, and security, as well as remotely monitor and manage one or many PowerStations and NanoStations.

SPUTNIK ENTERPRISES, INC Files SEC form 10-Q, Quarterly Report

Quote: We also changed our name to Sputnik Enterprises on February 29, 2008. Results of Operations for the Three Months Ended March 31, 2009 Compared to the Three Months Ended March 31, 2008 Because on February 29, 2008, we closed the sale of the stock of our wholly owned subsidiary, Laika, Inc. to AstroChimp, Inc., leaving us as a shell company, the quarterly results are not comparable or material and thus a discussion thereof is omitted. Liquidity and Capital Resources On February 29, 2008, we clos...
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SPUTNIK ENTERPRISES, INC Files SEC form 10-K, Annual Report

Quote: Management's Discussion and Analysis of Financial Condition and Results of Operation Sputnik Enterprises seeks the consummation of a reverse merger with another operating company. The Company currently does not engage in any business activities that provide cash flow. During the next twelve months we anticipate incurring costs related to: (i) filing Exchange Act reports, and (ii) investigating, analyzing and consummating a reverse merger. We believe we will be able to meet these costs through...
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SPUTNIK ENTERPRISES, INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equity

Quote: SPUTNIK ENTERPRISES, INCRequest a Trial to NEW EDGAR Online Pro Form 8-K for SPUTNIK ENTERPRISES, INC 24-Nov-2008Entry into a Material Definitive Agreement, Unregistered Sale of Equity Privacy PolicyTerms of ServiceCopyright/IP PolicySend FeedbackSEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable fo...
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SPUTNIK ENTERPRISES, INC Files SEC form 10-Q, Quarterly Report

Quote: With respect to the discussion within this Item 2, the terms "Sputnik," "we," "us," and "our" refer to Sputnik Enterprises, Inc. Overview Sputnik, Inc. was incorporated in Delaware on September 27, 2001. On February 10, 2005, we filed Articles of Conversion and new Articles of Incorporation in Nevada and became a Nevada corporation due to lower corporate filing fees. On November 13, 2007, we formed a wholly owned subsidiary, Laika, Inc., and transferred ...
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SPUTNIK ENTERPRISES, INC Files SEC form 10-Q, Quarterly Report

Quote: With respect to the discussion within this Item 2, the terms "Sputnik," "we," "us," and "our" refer to Sputnik Enterprises, Inc. Overview Sputnik, Inc. was incorporated in Delaware on September 27, 2001. On February 10, 2005, we filed Articles of Conversion and new Articles of Incorporation in Nevada and became a Nevada corporation due to lower corporate filing fees. On November 13, 2007, we formed a wholly owned subsidiary, Laika, Inc., and transferred ...
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SPUTNIK ENTERPRISES, INC Files SEC form 10-Q, Quarterly Report

Quote: We also changed our name to Sputnik Enterprises on February 29, 2008. Results of Operations for the Three Months Ended June 30, 2009 Compared to the Three Months Ended June 30, 2008 Due to the fact that we were a shell company in both periods, we had revenues of $0 for the three months ended June 30, 2009, which was unchanged from our revenue of $0 for the three months ended June 30, 2008. Also related to our continuing status as a shell company, our cost of goods sold and gross profits were $0 ...
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