- Statement of Changes in Beneficial Ownership (4)
20 Février 2010 - 1:30AM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
DEIKEL THEODORE
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2. Issuer Name
and
Ticker or Trading Symbol
Enable Holdings, Inc.
[
ENAB
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director
__
X
__ 10% Owner
_____ Officer (give title below)
_____ Other (specify below)
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(Last)
(First)
(Middle)
1600 HIGHWAY 100 SOUTH, SUITE 500
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3. Date of Earliest Transaction
(MM/DD/YYYY)
2/17/2010
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(Street)
ST. LOUIS PARK, MN 55416
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock
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2248840
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D
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Series A Convertible Preferred Stock
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(1)
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2/17/2010
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J
(2)
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713702
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(1)
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(1)
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Common Stock
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47701700
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$0
(2)
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713702
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D
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Warrant (Right to Buy)
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$.25
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2/17/2010
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J
(2)
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1600000
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10/16/2008
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10/16/2013
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Common Stock
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1600000
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$0
(3)
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0
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D
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Warrant (Right to Buy)
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$.10
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2/17/2010
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J
(2)
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6000000
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10/16/2008
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10/16/2013
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Common Stock
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6000000
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$0
(3)
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0
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D
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Warrant (Right to Buy)
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$.20
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2/17/2010
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J
(2)
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3000000
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10/16/2008
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10/16/2013
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Common Stock
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3000000
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$0
(3)
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0
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D
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Warrant (Right to Buy)
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$.20
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2/17/2010
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J
(2)
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625000
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11/21/2008
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11/21/2013
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Common Stock
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625000
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$0
(3)
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0
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D
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Warrant (Right to Purchase)
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$.10
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2/17/2010
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J
(2)
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1250000
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11/21/2008
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11/21/2013
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Common Stock
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1250000
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$0
(3)
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0
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D
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Explanation of Responses:
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(
1)
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The Series 1 Convertible Preferred Stock is convertible at any time at a conversion ratio of 66.837-to-one share of common stock and has no expiration date.
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(
2)
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In connection with a private offering of Series 1 Convertible Preferred Stock offered by the Company and a general restructuring of the Company, the Reporting Person has agreed to the cancellation of a debenture and all outstanding interest payable thereunder previously purchased by the Reporting Person, the cancellation of warrants issued in connection therewith and to make a $100,000 payment for the Series 1 Convertible Preferred Stock.
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(
3)
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Warrants were received in connection with the purchase of a debenture from the issuer.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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DEIKEL THEODORE
1600 HIGHWAY 100 SOUTH
SUITE 500
ST. LOUIS PARK, MN 55416
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X
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Signatures
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/s/ Theodore Deikel
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2/19/2010
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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