FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
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
                      

1. Name and Address of Reporting Person *

Martinez Miguel A JR 		2. Issuer Name and Ticker or Trading Symbol

Enable Holdings, Inc. [ ENAB ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Financial Officer
(Last)          (First)          (Middle)

1140 WEST THORNDALE AVENUE 		3. Date of Earliest Transaction (MM/DD/YYYY)

2/17/2010
(Street)

ITASCA, IL 60143-1335
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock                  69081   D  
 

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series 1 Convertible Preferred Stock     (1) 2/17/2010     P      25000       2/17/2010     (1) Common Stock   1670925   $2.50   25000   D  
 
Warrant   $.20   2/17/2010     J   (2)       134375    3/25/2009   11/18/2013   Common Stock   134375   $0   0   D  
 
Warrant   $.10   2/17/2010     J   (2)       268750    3/25/2009   11/18/2013   Common Stock   268750   $0   0   D  
 
Stock Option (Right to Buy)   $.75                    11/21/2008   1/1/2018   Common Stock   125000     125000   D  
 

Explanation of Responses:
( 1)  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.
( 2)  In connection with a private offering of Series 1 Convertible Preferred Stock offered by the Company along with a general restructuring of the Company, the Reporting Person agreed to cancel the warrant for no consideration.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Martinez Miguel A JR
1140 WEST THORNDALE AVENUE
ITASCA, IL 60143-1335

Chief Financial Officer

Signatures
/s/ Thomas F. Steichen as Attorney-in-Fact for Miguel A. Martinez, Jr. pursuant to Power of Attorney previously filed. 2/19/2010
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: 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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