UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

   Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange
                                  Act of 1934

                       FOR THE QUARTER ENDED JUNE 30, 2004

                         Commission File Number 0-23737


                          CLICKABLE ENTERPRISES, INC.
             ------------------------------------------------------
                    (FORMERLY ACHIEVEMENT TEC HOLDINGS, INC)
             (Exact name of registrant as specified in its charter)


                 DELAWARE                             82-0290939
    -------------------------------            ----------------------
    (State or other jurisdiction of               (I.R.S. Employer
     incorporation or organization)            identification number)


                711 SOUTH COLUMBUS AVENUE, MOUNT VERNON, NY 10550
                -------------------------------------------------
                    (Address of principal executive offices)


                                 (914) 699-5190
                         -------------------------------
                         (Registrant's telephone number)


Check whether the registrant: (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 3 months (or for such
shorter period that the registrant was required to file such reports); and (2)
has been subject to such filing requirements for the past 90 days (mark one):
                                 YES [X] NO [ ]


 As of August 10, 2004, there were 74,136,826 shares of the registrant's, $.001
                   value, common stock issued and outstanding

     Transmittal small business disclosure format (mark one): YES [ ] NO [X]

<PAGE>

                          PART I-FINANCIAL INFORMATION


ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

        Condensed Consolidated Balance Sheets as of June 30, 2004
          (Unaudited) and March 31, 2004

        Condensed Consolidated Statements of Operations for the three months
          ended June 30, 2004 and 2003 (Unaudited)

        Condensed Consolidated Statements of Cash Flows for the three months
          ended June 30, 2004 and 2003 (Unaudited)

        Condensed Consolidated Statement of Changes in Stockholders'
          Deficiency for the three months June 30, 2004 (Unaudited)

        Notes to Condensed Consolidated Financial Statements as of June 30,
        2004 (Unaudited)

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
          RESULTS OF OPERATIONS

ITEM 3. CONTROLS AND PROCEDURES

        PART II-OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

ITEM 5. OTHER INFORMATION

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K


                                       i
<PAGE>

      CLICKABLE ENTERPRISES, INC. (FORMERLY ACHIEVEMENT TEC HOLDINGS, INC.)
                                 AND SUBSIDIARY
                           CONSOLIDATED BALANCE SHEETS

<TABLE>
<CAPTION>
                                                                    AS OF           AS OF
                                                                JUNE 30, 2004   MARCH 31, 2004
                                                                (UNAUDITED)
                                                                ------------------------------
<S>                                                             <C>              <C>
                                     ASSETS
    Current Assets
      Cash                                                      $    21,715      $   130,902
      Accounts receivable, net of allowance for
        doubtful accounts of $41,039 and $14,408                     23,002          138,299
      Inventory                                                          --           11,143
      Prepaid expenses                                               11,356           13,000
      Deferred financing costs, net of accumulated
        amortization of $117,531 and $86,510                         31,969           62,990
      Other current assets                                               --              781
                                                                ----------------------------
    Total Current Assets                                             88,042          357,115
    Property and equipment, net                                      57,161           58,580
    Other Assets                                                      1,710            6,558
                                                                ----------------------------
TOTAL ASSETS                                                    $   146,913      $   422,253
                                                                ============================

                     LIABILITIES & STOCKHOLDERS' DEFICIENCY

     Current Liabilities
       Accounts payable and other accrued expenses              $   158,625      $   372,757
       Accrued interest                                             532,338          458,738
       Due to related parties                                        87,190           17,748
       Convertible debentures, net of discount of
         $208,333 and $383,333, respectively                      2,309,616        2,134,616
       Customer deposits                                              8,082           12,622
                                                                ----------------------------
        Total Current Liabilities                                 3,095,851        2,996,481
                                                                ----------------------------

COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' DEFICIENCY
     Preferred stock, $.001 par value, 10,000,000
       shares authorized, none issued and outstanding                    --               --
     Common stock, $.001 par value, 500,000,000
       shares authorized, 74,136,826 shares issued
       and outstanding                                               74,137           74,137
     Additional paid-in capital                                     630,839          630,839
     Deferred compensation                                         (129,167)        (188,542)
     Accumulated deficit                                         (3,524,747)      (3,090,661)
                                                                ----------------------------
TOTAL STOCKHOLDERS' DEFICIENCY                                   (2,948,938)      (2,574,227)
                                                                ----------------------------

TOTAL LIABILITIES AND STOCKHOLDERS'  DEFICIENCY                 $   146,913      $   422,254
                                                                ============================
</TABLE>


      See accompanying notes to condensed consolidated financial statements

                                       1
<PAGE>

      CLICKABLE ENTERPRISES, INC. (FORMERLY ACHIEVEMENT TEC HOLDINGS, INC.)
                                 AND SUBSIDIARY
                             CONDENSED CONSOLIDATED
                            STATEMENTS OF OPERATIONS
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                                           FOR THE THREE MONTHS ENDED JUNE 30,
                                                                                   2004              2003
                                                                           -----------------------------------

<S>                                                                         <C>               <C>
NET SALES                                                                   $    231,095      $    188,811
COST OF SALES                                                                    206,622           176,711
                                                                            ------------------------------
GROSS PROFIT                                                                      24,473            12,100
                                                                            ------------------------------

OPERATING EXPENSES
     Selling, general and administrative                                         185,515           166,388
     Depreciation and amortization                                                34,434             6,864
                                                                            ------------------------------
TOTAL OPERATING EXPENSES                                                         219,949           173,252
                                                                            ------------------------------

LOSS FROM OPERATIONS                                                            (195,476)         (161,152)

OTHER INCOME (EXPENSE)
     Other income                                                                     21                49
     Interest expense                                                           (238,631)          (47,614)
                                                                            ------------------------------
TOTAL OTHER INCOME (EXPENSE)                                                    (238,610)          (47,565)
                                                                            ------------------------------

Loss before provision for income taxes                                          (434,086)         (208,717)

Provision for income taxes                                                            --                --
                                                                            ------------------------------

NET LOSS                                                                    $   (434,086)     $   (208,717)
                                                                            ==============================

Net loss per share, basic and diluted                                       $      (0.01)     $         --
                                                                            ==============================

Weighted average number of common shares outstanding -basic and diluted       74,136,826        44,384,004
                                                                            ==============================
</TABLE>

      See accompanying notes to condensed consolidated financial statements

                                       2

<PAGE>

      CLICKABLE ENTERPRISES, INC. (FORMERLY ACHIEVEMENT TEC HOLDINGS, INC.)
                                 AND SUBSIDIARY
                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                           FOR THE THREE MONTHS ENDED JUNE 30,
                                                           -----------------------------------
                                                                   2004           2003
                                                               ------------------------
<S>                                                            <C>            <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
     Net loss                                                  $(434,086)     $(208,717)
     Adjustments to reconcile net loss to net cash used in
     operating activities:
        Depreciation and amortization                             34,435          6,864
        Beneficial conversion expense                            175,000         25,000
        Provision for bad debts                                   33,621          3,697
        Stock issued for services                                     --         75,000
        Recognition of deferred compensation                      59,375             --
     Changes in operating assets and liabilities:
     (Increase) decrease in:
        Accounts receivable                                       81,676         22,920
        Inventory                                                 11,143          1,104
        Prepaid expenses                                           1,644         35,310
        Other assets                                               5,629            (78)
     Increase (decrease) in:
        Accounts payable and other accrued expenses             (214,132)      (200,149)
        Accrued interest                                          73,600        101,658
        Customer deposits                                         (4,540)        (1,446)
                                                               ------------------------
     Net cash used in operating activities                      (176,635)      (138,837)
                                                               ------------------------

CASH FLOWS FROM INVESTING ACTIVITIES:
     Acquisition of property and equipment                        (1,995)       (17,788)
                                                               ------------------------
     Net cash used in investing activities                        (1,995)       (17,788)
                                                               ------------------------

CASH FLOWS FROM FINANCING ACTIVITIES:
     Payments of financing costs                                      --        (76,250)
     Increase (decrease) in due to related parties                69,442        (23,575)
     Proceeds from issuance of convertible debentures                 --        300,000
                                                               ------------------------
     Net cash provided by financing activities                    69,442        200,175
                                                               ------------------------

NET (DECREASE) INCREASE IN CASH                                 (109,188)        43,550
     CASH AT BEGINNING OF PERIOD                                 130,903          7,917
                                                               ------------------------

     CASH AT END OF PERIOD                                     $  21,715      $  51,467
                                                               ========================
</TABLE>

SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:

In relation to the merger and recapitalization  during June 2003, no assets were
carried  over from the legal  survivor  and  $345,318  of  accounts  payable and
accrued expenses and $1,717,949 of convertible  debentures of the legal acquirer
were assumed.

      See accompanying notes to condensed consolidated financial statements

                                       3

<PAGE>

      CLICKABLE ENTERPRISES, INC. (FORMERLY ACHIEVEMENT TEC HOLDINGS, INC.)
                                 AND SUBSIDIARY
     CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' DEFICIENCY
                    FOR THE THREE MONTHS ENDED JUNE 30, 2004
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                             ADDITIONAL
                                     COMMON STOCK              PAID IN         DEFERRED       ACCUMULATED
                                SHARES         AMOUNT          CAPITAL       COMPENSATION       DEFICIT           TOTAL
                             -----------     -----------     -----------     ------------     -----------      -----------

<S>                           <C>            <C>             <C>             <C>              <C>              <C>
Balance, March 31, 2004       74,136,826     $    74,137     $   630,839     $  (188,542)     $(3,090,661)     $(2,574,227)

Amortization of deferred
  services                            --              --              --          59,375               --           59,375

Net loss for the period               --              --              --              --         (434,086)        (434,086)
                             -----------     -----------     -----------     -----------      -----------      -----------

Balance, June 30, 2004        74,136,826     $    74,137     $   630,839     $  (129,167)     $(3,524,747)     $(2,948,938)
                             ===========     ===========     ===========     ===========      ===========      ===========
</TABLE>


      See accompanying notes to condensed consolidated financial statements

                                       4

<PAGE>

      CLICKABLE ENTERPRISES, INC. (FORMERLY ACHIEVEMENT TEC HOLDINGS, INC.)
                                 AND SUBSIDIARY
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                               AS OF JUNE 30, 2004
                                   (UNAUDITED)


NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION

       (A) ORGANIZATION AND RECENT COMPANY HISTORY

       Clickable  Enterprises,  Inc. (formerly Achievement Tec Holdings,  Inc.),
       through   its   wholly   owned    subsidiary    ClickableOil.com,    Inc.
       ("ClickableOil.com")  (incorporated  in the State of Delaware on April 4,
       2000),  provides a low cost and highly  efficient  means of servicing the
       heating  oil  market  through  an  Internet  based  approach.   Clickable
       Enterprises,  Inc. and  ClickableOil.com,  (collectively,  the "Company")
       streamlines  the process of heating oil ordering and  delivering  through
       providing  a more  accessible  point of  contact  for the  customer.  The
       Company subcontracts with local delivery companies to deliver the heating
       oil to its customers.

       (B) PRINCIPLES OF CONSOLIDATION

       The condensed  consolidated  financial statements include the accounts of
       Clickable Enterprises, Inc. (formerly Achievement Tec Holdings, Inc.) and
       its  wholly  owned   subsidiary   ClickableOil.com   (collectively,   the
       "Company").

       (C) USE OF ESTIMATES

       In preparing condensed  consolidated  financial  statements in conformity
       with  accounting  principles  generally  accepted  in the United  States,
       management is required to make estimates and assumptions  that affect the
       reported  amounts  of  assets  and  liabilities  and  the  disclosure  of
       contingent   assets  and   liabilities  at  the  date  of  the  condensed
       consolidated  financial  statements and revenues and expenses  during the
       reported period. Actual results could differ from those estimates.

       (D) PER SHARE DATA

       Basic  net  income  (loss)  per  common  share is  computed  based on the
       weighted average number of common shares  outstanding  during the period.
       Diluted  net  income  (loss) per common  share is  computed  based on the
       weighted  average  number of common  shares and common stock  equivalents
       outstanding  during the period.  There were no common  stock  equivalents
       outstanding during the periods presented.  Accordingly,  a reconciliation
       between basic and diluted earnings (loss) per share is not presented.

       (E) INTERIM CONSOLIDATED FINANCIAL STATEMENTS

       The condensed  consolidated  financial statements as of and for the three
       months  ended June 30,  2004 and 2003 are  unaudited.  In the  opinion of
       management,  such condensed consolidated financial statements include all
       adjustments  (consisting only of normal recurring accruals) necessary for
       the fair  presentation  of the  consolidated  financial  position and the
       consolidated   results  of  operations.   The  consolidated   results  of
       operations  for the three  months  ended  June 30,  2004 and 2003 are not
       necessarily  indicative  of the results to be expected for the full year.
       The  consolidated  balance  sheet  information  as of March 31,  2004 was
       derived from the audited  consolidated  financial  statements included in
       the  Company's   annual  report  Form  10-KSB.   The  interim   condensed
       consolidated financial statements should be read in conjunction with that
       report.

       (F) RECENT ACCOUNTING PRONOUNCEMENTS

       In March 2004, the U.S.  Securities and Exchange  Commission's  Office of
       the Chief Accountant and the Division of Corporate Finance released Staff
       Accounting  bulletin ("SAB") No. 105, "Loan Commitments  Accounted for as
       Derivative Instruments".  This bulletin contains specific guidance on the
       inputs  to a  valuation-recognition  model to  measure  loan  commitments
       accounted  for at fair value,  and requires that  fair-value  measurement
       include only differences between the guaranteed interest rate in the loan
       commitment and market  interest rate,  excluding any expected future cash


                                       5
<PAGE>

      CLICKABLE ENTERPRISES, INC. (FORMERLY ACHIEVEMENT TEC HOLDINGS, INC.)
                                 AND SUBSIDIARY
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                               AS OF JUNE 30, 2004
                                   (UNAUDITED)


       flows  related  to  the  customer  relationship  or  loan  servicing.  In
       addition,  SAB105  requires the disclosure of the  accounting  policy for
       loan commitments,  including methods and assumptions used to estimate the
       fair value of loan commitments,  and any associated  hedging  strategies.
       SAB 105 is effective for derivative  instruments  entered into subsequent
       to March 31, 2004 and should also be applied to existing  instruments  as
       appropriate. The Company has not yet completed its evaluation of SAB 105,
       but does not anticipate a material impact on the financial statements.

       (G) RECLASSIFICATIONS

       Certain  items  have been  reclassified  in prior  period  statements  to
       conform to the current period presentation.

NOTE 2 RELATED PARTY TRANSACTIONS

       During the three months ended June 30, 2004, the Company's  liability for
       non-interest  bearing  cash  advances and oil  purchases  from NRG Heat &
       Power, LLC, an oil supplier that is owned and managed by Messrs.  Cirillo
       and  Pipolo,  officers  of the  Company,  increased  in the net amount of
       $69,442.  During this three-month  period,  the Company purchased oil for
       resale from NRG Heat & Power,  LLC in the amount of $73,994 and  $92,321,
       respectively.  As of June 30, 2004, this non-interest  bearing obligation
       of $87,190 is  included  in Due to  related  parties in the  accompanying
       balance sheet.

       As of June 30, 2004, the Company owed NexGen $51,021 of accrued interest.

       During the three months  ended June 30, 2004,  the Company had fuel sales
       of $100 to Flaw, Inc., a company owned by Messrs. Cirillo and Pipolo.

NOTE 3 CONVERTIBLE DEBENTURES

       The   convertible   debentures   issued  in  2001,  2002  and  June  2003
       (aggregating  $2,017,949  before discount) have matured and are currently
       in  default.  The  Company has entered  into  settlement  and  redemption
       discussions   with  the   noteholders  to  restructure  or  retire  these
       obligations.  The remaining convertible debentures  (aggregating $500,000
       before  discount)  mature in November  2004  ($300,000)  and January 2005
       ($200,000).

       As of June 30,  2004,  interest  of  $481,317  is  accrued  on all of the
       convertible  debentures and is included in current liabilities as accrued
       interest.

NOTE 4 COMMITMENTS AND CONTINGENCIES

       (A) LEGAL MATTERS

       The Company is contingently  liable in a legal proceeding brought against
       one of its former subsidiaries by two former employee officers contesting
       a non compete covenant and confidentiality  agreement.  This legal action
       had not had any  meaningful  progress  in the past two  years.  While the
       outcome of the case is  uncertain,  management  is of the belief that the
       ultimate  outcome of this lawsuit will not have a material adverse effect
       on the results of operations or financial stability of the Company.

NOTE 5 GOING CONCERN

       The accompanying  condensed  consolidated  financial statements have been
       prepared on a going concern basis,  which contemplates the realization of
       assets and the  settlement of liabilities  and  commitments in the normal
       course of business.

       As  reflected  in  the  accompanying   condensed  consolidated  financial
       statements,  the Company has a net loss of $434,086  and a negative  cash
       flow from operations of $176,635 for the three months ended June 30, 2004
       and a  working  capital  deficiency  of  $3,007,809  and a  stockholders'
       deficiency of $2,948,938 at June 30, 2004.  The ability of the Company to
       continue as a going  concern is  dependent  on the  Company's  ability to
       raise  additional funds and implement its business plan. The accompanying
       condensed   consolidated   financial   statements   do  not  include  any
       adjustments  that might be necessary if the Company is unable to continue
       as a going concern.

       Management's  plans  include the raising of  additional  capital  through
       private or public transactions and implementation of its business plan to
       increase revenues.


                                       6
<PAGE>

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS

The following is  management's  discussion  and analysis of certain  significant
factors  that  will  have  affected  our  financial  condition  and  results  of
operations.    Certain    statements   under   this   section   may   constitute
"forward-looking  statements".  The  following  discussion  should  be  read  in
conjunction with the audited financial  statements and notes thereto included in
the Company's Form 10-KSB for the year ended March 31, 2004.

FINANCIAL CONDITION

We had net losses of $434,086  and  $208,717  during the three months ended June
30, 2004 and 2003,  respectively.  As of June 30, 2004, we had a cash balance of
$21,715 and current  liabilities of $3,095,851,  with obligations of $166,707 to
trade  creditors,  related parties of $87,190,  as well as a total obligation of
principal and interest of $2,517,949 to convertible debenture holders. We do not
have sufficient cash or other assets to meet our current  liabilities.  In order
to meet  those  obligations,  we will  need  to  raise  cash  from  the  sale of
securities  or  from  borrowings.   Our  independent   auditors  have  added  an
explanatory  paragraph to their audit  opinions  issued in  connection  with our
financial  statements for the fiscal years 2004 and 2003,  which states that our
ability to  continue  as a going  concern  depends  upon our  ability to resolve
liquidity  problems,  principally  by obtaining  capital,  increasing  sales and
generating  sufficient  revenues  to become  profitable.  Our  ability to obtain
additional  funding will  determine our ability to continue as a going  concern.
Our financial  statements do not include any adjustments  that might result from
the outcome of this uncertainty.

COMPARISON OF THE THREE MONTHS ENDED JUNE 30, 2004 TO THE THREE MONTHS ENDED
JUNE 30, 2003

OVERALL RESULTS OF OPERATIONS

For the three months ended June 30, 2004, we incurred an overall loss of
$434,086, or $(.01) per share, which was an increase of $225,369 in the net loss
of $208,717 or $(.00) per share for the comparable prior year period. The first
quarter of our fiscal year is traditionally the second slowest quarter for
deliveries of fuel oil due to warmer weather conditions in our market, the
northeastern United States. The net loss for the three months ended June 30,
2004 includes a non-cash expense of $175,000 relating to debt discount expense,
as well as increased interest expense attributable to a greater level of debt.

SALES

Total net sales for the three months  ended June 30, 2004 was $231,095  compared
to $188,811 for the three  months ended June 30, 2003.  The increase of $42,284,
or 22.4%, can be attributed  principally to an increase in gallons sold, as well
as by an increase  in the average  selling  price per  gallon.  The  increase in
gallons sold is attributable to a slightly larger customer base.

GROSS PROFIT

Gross profit  improved by $12,373 to $24,473 for the three months ended June 30,
2004  compared to $12,100 for the three months  ended June 30, 2003,  with gross
margin  increasing  to 10.6%  from  6.4%  for the  periods  due to a  relatively
stronger overall market pricing for fuel oil.

OPERATING EXPENSES

Total  selling,  general and  administrative  expenses  increased  by $19,127 to
$185,515 for the three  months  ended June 30, 2004 from  $166,388 for the three
months ended June 30, 2003 due  principally  to an increase in bad debt expense,
offset  by  a  decrease  in  compensation   expenses  attributable  to  improved
administrative efficiencies in the current period.

OTHER INCOME (EXPENSE)

Interest expense increased to $238,631 from $47,614, or $191,017,  for the three
months  ended June 30, 2004 as  compared  with the three  months  ended June 30,
2004, due to $175,000 of related debt discount  expense  recognized in the three
months  ended June 30,  2004  compared to $25,000 in the  comparable  prior year
period, as well as $63,631 of additional interest in the three months ended June


                                       7
<PAGE>

30, 2004 compared to $22,614 in the prior year period due to a greater amount of
interest-bearing debt outstanding in the current period.

LIQUIDITY AND CAPITAL RESOURCES

As of June 30, 2004,  we had a cash balance of $21,715 and a negative  cash flow
from  operations  of  $176,635  for the period  then  ended.  We do not have any
available  lines of credit.  Since  inception we have  financed  our  operations
through loans and from private placements of both debt and equity.

The notes to our condensed consolidated financial statements as of June 30, 2004
contain footnote disclosure regarding an uncertainty with respect to our ability
to continue as a going  concern.  We have not generated  sufficient  revenues to
cover our expenses,  and we have an accumulated deficit of $3,524,474.  However,
we believe that by  concentrating  on our core  business of selling home heating
oil as well as by seeking the possible acquisition of profitable businesses,  we
will generate  sufficient  revenues and liquidity for the Company to operate for
the next 12 months.  However,  as of June 30, 2004, we had $3,095,851 of current
liabilities  and there can be no assurances  that the Company will be successful
in  developing  its business  and  achieving a  profitable  level of  operations
sufficient to meet its cash needs.

We anticipate that over the next 12 months we will need additional financing for
the repayment of  outstanding  convertible  debentures,  unless  extensions  are
granted,  as well to fund acquisitions of businesses similar to that of ours and
to fund operating  losses expected to be incurred until such time as we are able
to generate  positive cash flow.  As of June 30, 2004, we had a working  capital
deficiency of $3,007,809.

The Company has total  liabilities and contractual  obligations of $3,304,185 as
of June 30, 2004. These contractual  obligations,  along with the dates on which
such payments are due, are described below:

                                                                     MORE THAN 1
      CONTRACTUAL OBLIGATIONS             TOTAL      1 YEAR OR LESS      YEAR
      -----------------------------    -----------   --------------  -----------
      Convertible Debentures           $ 2,517,949     $ 2,517,949   $      --
      Accounts Payable and Accrued
        Expenses                           158,625         158,625          --
      Accrued Interest                     532,338         532,338          --
      Other                                 95,272          95,272          --
                                       -----------     -----------   ---------
      Total Contractual Obligations    $ 3,304,184     $ 3,304,184   $      --
                                       ===========     ===========   =========

The inability to obtain  additional  funding will have a material adverse effect
on  our  business  and  our  ability  to  continue  as  a  going  concern.  As a
consequence,  we may be forced to seek protection  under the bankruptcy laws. In
that event, it is unclear whether we could  successfully  reorganize our capital
structure and operations,  or whether we could realize  sufficient value for our
assets to satisfy our  creditors  in full.  Accordingly,  should we be forced to
file for  bankruptcy  protection,  there is no assurance  that our  stockholders
would receive any value.

Below is a  discussion  of our  sources  and uses of funds for the three  months
ended June 30, 2004 and 2003.

NET CASH USED IN OPERATING ACTIVITIES

Net cash used in  operating  activities  was  $176,635 and $138,837 in the three
months ended June 30, 2004 and 2003, respectively.  The use of cash in operating
activities for the three months ended June 30, 2004 was  principally  the result
of a net loss of $434,086  and a  seasonable  decrease  in  accounts  payable of
$214,132  attributable to a lower level of purchasing  volume in the quarter and
the end of heating season  liquidation  of trade payables  incurred in the prior
quarter,  offset by  non-cash  charges of  $302,431,  a  seasonable  decrease in
accounts receivable of $81,676 attributable to a lower level of sales volume and
the related end of heating season liquidation of customer  receivables  incurred
in the prior quarter and an increase in accrued interest of $73,600.  The use of
cash in  operating  activities  for the three  months  ended  June 30,  2003 was
principally  the result of a net loss of $208,717 and a  seasonable  decrease in
accounts  payable  of  $200,149,  offset by  non-cash  charges  of  $110,561,  a
seasonable decrease in accounts receivable of $22,920 and an increase in accrued
interest of $101,658.


                                       8
<PAGE>

NET CASH USED IN INVESTING ACTIVITIES

We used $1,995 and $17,788, respectively, during the three months ended June 30,
2004 and 2003, respectively,  for the acquisition of fixed assets, principally a
computer software fuel system program in the 2003 period.

NET CASH PROVIDED BY FINANCING ACTIVITIES

Net cash  provided by financing  activities  for the three months ended June 30,
2004 was $69,442, attributable to a net increase in related party debt. Net cash
provided by  financing  activities  for the three months ended June 30, 2003 was
$200,175 from the sale of convertible  debentures of $223,750,  net of financing
costs,  offset by payments of financing  costs of $76,250 and net  repayments to
related parties of $23,575.

CRITICAL ACCOUNTING POLICIES

RECENT ACCOUNT PRONOUNCEMENTS

In March 2004, the U.S. Securities and Exchange Commission's Office of the Chief
Accountant  and the  Division of Corporate  Finance  released  Staff  Accounting
bulletin  ("SAB")  No.  105,  "Loan  Commitments  Accounted  for  as  Derivative
Instruments".  This  bulletin  contains  specific  guidance  on the  inputs to a
valuation-recognition  model to measure loan  commitments  accounted for at fair
value, and requires that fair-value measurement include only differences between
the guaranteed  interest rate in the loan  commitment and market  interest rate,
excluding any expected future cash flows related to the customer relationship or
loan  servicing.  In addition,  SAB105 requires the disclosure of the accounting
policy for loan commitments,  including methods and assumptions used to estimate
the fair value of loan commitments,  and any associated hedging strategies.  SAB
105 is effective for derivative instruments entered into subsequent to March 31,
2004 and should  also be applied to existing  instruments  as  appropriate.  The
Company has not yet completed its evaluation of SAB 105, but does not anticipate
a material impact on the financial statements.

ITEM 3.  CONTROLS AND PROCEDURES

(a)    EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

       As of June 30, 2004, we carried out an evaluation,  under the supervision
       and with the  participation  of our  Chief  Executive  Officer  and Chief
       Financial  Officer,  of the  effectiveness of the design and operation of
       our disclosure  controls and procedures.  Based on this  evaluation,  our
       Chief Executive  Officer and Chief Financial  Officer  concluded that our
       disclosure  controls and procedures are effective in timely alerting them
       to material  information  required to be included in our periodic reports
       that are filed with the Securities and Exchange Commission.  It should be
       noted  that the design of any  system of  controls  is based in part upon
       certain  assumptions about the likelihood of future events, and there can
       be no  assurance  that any design will  succeed in  achieving  its stated
       goals under all potential future conditions, regardless of how remote. In
       addition,  we  reviewed  our  internal  controls,  and there have been no
       significant  changes in our  internal  controls or in other  factors that
       could significantly affect those controls subsequent to the date of their
       last valuation.

(b)    CHANGES IN INTERNAL CONTROLS

       There were no significant  changes in the Company's  internal controls or
       in other factors that could  significantly  affect these controls  during
       the  quarter  covered  by this  Report  or from the end of the  reporting
       period to the date of this Form 10-QSB.



                                       9
<PAGE>

PART II
OTHER INFORMATION

The statements in this quarterly  report,  Form 10-QSB,  that are not historical
constitute "forward-looking statements". Such forward-looking statements involve
risks and  uncertainties  that may  cause the  actual  results,  performance  or
achievements  of the Company and its subsidiary to be materially  different from
any future  results,  performances or  achievements,  express or implied by such
forward-looking  statements.  These forward-looking statements are identified by
their  use  of  such  terms  and  phrases  as  "expects",   "intends",  "goals",
"estimates", "projects", "plans", "anticipates", "should", "future", "believes",
and "scheduled".

ITEM 1.  LEGAL PROCEEDINGS

The Company is contingently  liable in one legal  proceeding,  which has not had
any meaningful  progress in the past two years. While the outcome of the case is
uncertain, management is of the belief that the ultimate outcome of this lawsuit
will  not have a  material  adverse  effect  on the  results  of  operations  or
financial stability of the Company.

ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS

RECENT SALES OF UNREGISTERED SECURITIES

None.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

The  convertible  debentures  issued in 2001,  2002 and June  2003  (aggregating
$2,017,949  before  discount)  have matured and are  currently  in default.  The
Company  has  entered  into  settlement  and  redemption  discussions  with  the
noteholders  to  restructure   or  retire  these   obligations.   The  remaining
convertible debentures (aggregating $500,000 before discount) mature in November
2004 ($300,000) and January 2005 ($200,000).


ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None.

ITEM 5.  OTHER INFORMATION

None.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

(a) Exhibits.

31.1     Certifications by President
         pursuant to Sarbanes-Oxley Section 302:               Provided Herewith

31.2     Certifications by Chief Financial Officer
         pursuant to Sarbanes-Oxley Section 302:               Provided Herewith

32.1     Certifications by President
         pursuant to 18 U.S. C. Section 1350:                  Provided Herewith

32.2     Certifications by  Chief Financial Officer
         pursuant to 18 U.S. C. Section 1350:                  Provided Herewith



                                       10
<PAGE>

                                   SIGNATURES

In  accordance  with  Section 13 or 15(d) of the Exchange  Act,  the  registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                            CLICKABLE ENTERPRISES, INC.

                                            By:     /s/Nicholas Cirillo, Jr.
                                                    -------------------------
                                            Name:   Nicholas Cirillo, Jr.
                                            Title:  President
                                            Date:   August 17, 2004





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