News
Enable Holdings, Inc. Closes Private Placement of $4.25 Million, Completing the Final Component of Its Comprehensive Restructuring
February 24, 2010
Enable Holdings, Inc (OTC Bulletin Board: ENAB), (the "Company"), one of the leading asset recovery solution providers for products of the world's most trusted brands, with operating subsidiaries uBid, Inc., Red.Tag.com, RedTagLive!, Dibu Trading Corporation and Commerce Innovations, announced today that it completed a private placement of a $4,250,000 offering (the "Offering") of Series 1 Preferred Shares (the "Preferred Shares") funded by certain accredited and strategic investors, including its executive officers, directors and business associates (the "Investors"). Jesup & Lamont Securities Corp. acted as exclusive placement agent for this transaction. The Company will file a form 8-K with the SEC disclosing the terms of the private placement.
Enable Holdings, Inc. Names Patrick L. Neville Chief Executive Officer
February 12, 2010
Enable Holdings, Inc., one of the leading asset recovery solution providers for products of the world's most trusted brands, with operating subsidiaries uBid, Inc., Red.Tag.com, RedTagLive!, Dibu Trading Corporation and Commerce Innovators, announced today Patrick L. Neville, has been named its Chief Executive Officer.
Hi, welcome to Enable Holdings!
Congratulations, you just found the excess inventory solutions company that will provide you the highest cash recovery.
Over the past 12 years, Enable Holdings through its divisions has helped clients facilitate the sale of over $2 billion of excess inventory for the world’s most trusted brands. As a leading asset recovery company, we understand that even the best products don’t always sell out in stores so we’re dedicated to helping sellers get the maximum cash return for excess inventory.
We form ongoing partnerships with sellers looking for cash recovery services on their assets. Our dedicated account managers take the time to listen to sellers, help them determine the most profitable course of action, and provide support every step of the way as excess inventory turns to cash.
With over a decade experience, we recognize that different scenarios require different selling solutions. We provide a multi-channel selling solution to meet our selling partners’ varying needs. Our multi-channel solution includes: uBid.com, RedTag.com, RedTag Live!, Dibu Trading Corporation, and Commerce Innovations.
- The Enable Holdings Team
