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Today, January 19, 2009 we're focusing on Enable Holdings, Inc. (OTCBB: ENAB), the leading asset recovery solutions company for the world''s most trusted brands, today announced that it received extensions from certain accredited investors who previously made total commitments for an aggregate of a $2,450,000 90-day loans in the form of 18% Senior Secured on October 14, 2008, October 31, 2008 and November 21, 2008. The extensions call for payment of the loans 90 days after their original 90-day terms. The extension allows the Company time to pursue additional long-term financing to support operations through 2009 and beyond. No new warrants will be incurred and the same interest rate applies.
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