Item 1.01 Entry Into a Material Definitive Agreement.

Effective July 14, 2009, Enable Holdings, Inc. (the "Company") received extensions from certain accredited investors (the "Investors") who previously made total commitments for an aggregate of $2,450,000 90-day loans in the form of 18% Senior Secured Debentures on October 14, 2008, October 31, 2008, and November 21, 2008, and who have previously entered into a Debenture Modification and Extension Agreement dated January 14, 2009 and a Debenture Modification and Second Extension Agreement dated April 14, 2009 (collectively, the "Loans"). The Investors made such extensions pursuant to Debenture Modification and Third Extension Agreements which call for an extension of the Loans for an additional 30-days.

A form of the Debenture Modification and Third Extension Agreement is attached hereto as Exhibit 10.1.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits:

10.1 Form of Debenture Modification and Third Extension Agreement dated July 14, 2009.

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