UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): December 13, 2012
SPUTNIK ENTERPRISES, INC.
(Exact name of registrant as specified in its charter)
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Nevada
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000-52366
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52-2348956
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(State or other jurisdiction
of incorporation or organization)
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(Commission
file number)
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(IRS Employer
Identification No.)
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7512 Dr. Phillips Blvd – Suite 50-355
Orlando, Florida 32819
(Address of principal executive offices and zip code)
1(888)220-2885
(Registrant’s telephone number)
3020 Bridgeway Suite 400
Sausalito, CA 94965
(Former name, former address and former fiscal year, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.02 Termination of Material Definitive Agreement.
A Marketing Agreement was made the 19th day of November, 2012, by and between Sputnik Enterprises, Inc., a Nevada corporation, SPNI (the “Issuer”), and Wireless NRG, LLC, a Florida limited liability company (the “Company”). Subsequently, the Marketing Agreement was assigned to a newly formed wholly owned subsidiary of the Issuer, Kudos Marketing, Inc. Under the terms of the Marketing Agreement, the Company granted the Issuer certain exclusive marketing rights relating to corporate and group accounts for the Company products. The entire agreement between the parties, containing all of the terms and conditions of the Marketing Agreement, is set forth in an 8K filed with the Securities and Exchange Commission on November 23, 2012.
On December 13, 2012, the Issuer received a Notice of Termination of the Marketing Agreement from the Company and the Issuer ceased all operations relating to the terms of the Marketing Agreement. The Issuer did not incur any termination penalties.
Item 8.01 Other Events.
As a result of termination of the Marketing Agreement, the Issuer has no business operations and has become a shell effective this date.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the date indicated.
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Sputnik Enterprises, Inc.
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Date: December 14, 2012
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By:
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/s/ Anthony Gebbia
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Anthony Gebbia
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Chief Executive Officer and Director
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