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 SEPTEMBER 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 November 15, 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 September 30, 2004 (Unaudited) and
March 31, 2004

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

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

Condensed Consolidated Statement of Changes in Stockholders' Deficiency for the
six months ended September 30, 2004 (Unaudited)

Notes to Condensed Consolidated Financial Statements as of September 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. UNREGISTERED SALES OF EQUITY 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


FORWARD-LOOKING INFORMATION

Certain matters in this Form 10-QSB, including, without limitation, certain
matters discussed under Part I -- Item 2 Management's Discussion and Analysis of
Financial Condition and Results of Operations constitute "forward-looking
statements" within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements are typically identified by the words "believes,"
"expects," "anticipates," "intends," "estimates," "will," "continue," "seeks,"
"goal" and similar expressions. In addition, any statements that refer to
expectations or other characterizations of future events or circumstances are
forward-looking statements. Readers are cautioned that any such forward-looking
statements are not guarantees of performance and that matters referred to in
such forward-looking statements involve known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or
achievements of Clickable Enterprises, Inc. to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements. Such factors include, among other things, risks and
uncertainties discussed throughout Part I, Item 2 - Management's Discussion and
Analysis of Financial Condition and Results of Operations and under the caption
"Risk Factors" included therein. Clickable Enterprises, Inc. undertakes no
obligation to update publicly any forward-looking statements, whether as a
result of new information, future events or otherwise.


                                       i

<PAGE>



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

<TABLE>
<CAPTION>
                                                                                 AS OF                 AS OF
                                                                           SEPTEMBER 30, 2004      MARCH 31, 2004
                                                                              (UNAUDITED)
                                                                           --------------------------------------
<S>                                                                        <C>                        <C>
ASSETS
Current Assets
  Cash                                                                     $    32,325                $   130,902
  Accounts receivable, net of allowance for
  doubtful accounts of $11,668 and $14,408                                       9,390                    138,299
  Inventory                                                                      9,909                     11,143
  Prepaid expenses                                                              15,595                     13,000
  Debt financing costs, net of accumulated
  amortization of $135,843 and $86,510                                          13,656                     62,990

  Other current assets                                                              --                        782
                                                                           --------------------------------------
  Total Current Assets                                                          80,875                    357,116
  Property and equipment, net                                                   60,822                     58,580
  Other assets                                                                   1,260                      6,558
                                                                           --------------------------------------
TOTAL ASSETS                                                               $   142,957                $   422,254
                                                                           ======================================

LIABILITIES & STOCKHOLDERS' DEFICIENCY

Current Liabilities
  Accounts payable and other accrued expenses                              $   235,954                $   372,757
  Due to related parties                                                       102,083                     17,748
  Customer deposits                                                             53,197                     12,622
  Accrued interest                                                             586,543                    458,738
  Convertible debentures, net of discount of $0 and $383,333                        --                  2,134,616
                                                                           --------------------------------------
  Total Current Liabilities                                                    977,777                  2,996,481
Long Term Liabilities
  Convertible debentures, net of discount of $83,333 and $0                  2,434,616                         --
                                                                           --------------------------------------
TOTAL LIABILITIES                                                            3,412,393                  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                                                        (69,792)                  (188,542)
  Accumulated deficit                                                       (3,904,620)                (3,090,661)
                                                                           --------------------------------------
TOTAL STOCKHOLDERS' DEFICIENCY                                              (3,269,436)                (2,574,227)
                                                                           --------------------------------------

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIENCY                             $   142,957                $   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                  FOR THE SIX MONTHS ENDED
                                                    SEPTEMBER 30,                             SEPTEMBER 30,
                                        -------------------------------------------------------------------------
                                              2004               2003               2004                2003
                                        -------------------------------------------------------------------------
<S>                                     <C>                 <C>                 <C>                 <C>
SALES                                   $    119,135        $     64,563        $    350,230        $    253,374

COST OF SALES                                117,510              56,634             324,132             233,345
                                        -------------------------------------------------------------------------
GROSS PROFIT
                                               1,625               7,929              26,098              20,029
                                        -------------------------------------------------------------------------

OPERATING EXPENSES
  Selling, general and administrative        169,921             105,622             355,435             272,010

  Depreciation and amortization               21,812              20,113              56,246              26,977
                                        -------------------------------------------------------------------------
TOTAL OPERATING EXPENSES                     191,733             125,735             411,681             298,987
                                        -------------------------------------------------------------------------

LOSS FROM OPERATIONS                        (190,109)           (117,806)           (385,583)           (278,958)

OTHER INCOME (EXPENSE)
  Other income                                    --                   4                  21                  53

  Interest expense
                                            (189,766)           (138,957)           (428,396)           (186,571)
                                        -------------------------------------------------------------------------
TOTAL OTHER INCOME (EXPENSE)                (189,766)           (138,953)           (428,375)           (186,518)
                                        -------------------------------------------------------------------------

Loss before provision for income taxes      (379,875)           (256,759)           (813,959)           (465,476)

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

NET LOSS                                $   (379,875)       $   (256,759)       $   (813,959)       $   (465,476)
                                        =========================================================================

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

Weighted average number of common
shares outstanding - basic and
diluted                                   74,136,826          48,375,662          74,136,826          46,068,557
                                        =========================================================================
</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>
                                                                                        SEPTEMBER 30,
                                                                       -------------------------------------------------
                                                                                 2004                    2003
                                                                       -------------------------------------------------
<S>                                                                        <C>              <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
     Net loss                                                              $(813,959)       $(465,476)
     Adjustments to reconcile net loss to net cash used in operating
     activities:
      Depreciation and amortization                                           56,246           26,977
      Beneficial conversion expense                                          300,000          100,000
      Provision for bad debts                                                 32,913            3,697
      Stock issued for services                                                   --           75,000
      Recognition of deferred compensation                                   118,750               --
     Changes in operating assets and liabilities:
     (Increase) decrease in:
      Accounts receivable                                                     95,996           29,060
      Inventory                                                                1,233             (351)
      Prepaid expenses                                                        (2,595)          43,745
      Other assets                                                             6,078          (16,107)
     Increase (decrease) in:
      Accounts payable and accrued expenses                                 (136,802)         (86,375)
      Accrued interest                                                       127,805           76,305
      Customer deposits                                                       40,576           21,137
                                                                           --------------------------
      Net cash used in operating activities                                 (173,757)        (192,388)
                                                                           --------------------------

CASH FLOWS FROM INVESTING ACTIVITIES:
      Acquisition of property and equipment                                   (9,155)         (19,087)
                                                                           --------------------------
      Net cash used in investing activities                                   (9,155)         (19,087)
                                                                           --------------------------

CASH FLOWS FROM FINANCING ACTIVITIES:
     Payments of financing costs                                                  --          (76,250)
     Increase (decrease) in due to related parties,net                        84,335           (6,871)
     Net proceeds from issuance of convertible debentures                         --          300,000
                                                                           --------------------------
     Net cash provided by financing activities                                84,335          216,879
                                                                           --------------------------

NET (DECREASE) INCREASE IN CASH                                              (98,577)           5,404
     CASH AT BEGINNING OF PERIOD                                             130,902            7,917
                                                                           --------------------------

     CASH AT END OF PERIOD                                                 $  32,325        $  13,321
                                                                           ==========================
</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 SIX MONTHS ENDED SEPTEMBER 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
compensation                                                                        118,750                           118,750

Net loss for the period                                                                             (813,959)        (813,959)
                                 ----------     -----------     -----------     -----------      -----------      -----------

BALANCE, SEPTEMBER 30, 2004      74,136,826     $    74,137     $   630,839     $   (69,792)     $(3,904,620)     $(3,269,436)
                                 ==========     ===========     ===========     ===========      ===========      ===========
</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 SEPTEMBER 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, Inc.
(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
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, Inc. (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 CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

The condensed consolidated financial statements as of and for the six months
ended September 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 and six
months ended September 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 for the
year ended March 31, 2004. 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 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 September
30, 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.



                                       5
<PAGE>
      CLICKABLE ENTERPRISES, INC. (FORMERLY ACHIEVEMENT TEC HOLDINGS, INC.)
                                 AND SUBSIDIARY
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                            AS OF SEPTEMBER 30, 2004
                                   (UNAUDITED)

NOTE 2 RELATED PARTY TRANSACTIONS

During the six months ended September 30, 2004, the Company's liability for
non-interest bearing cash advances and oil purchases from NRG Heat & Power, LLC
("NRG"), an oil supplier that is owned and managed by Messrs. Cirillo and
Pipolo, officers of the Company, increased in the net amount of $84,335. During
this six-month period, the Company purchased oil for resale from NRG in the
amount of $93,110. As of September 30, 2004, the non-interest bearing obligation
of $90,489 to NRG is included in due to related parties in current liabilities.

As of September 30, 2004, the Company owed $51,021 to NexGen Energy, LLC, a
company owned by Messrs. Cirillo, Pipolo and another stockholder, for accrued
and unpaid interest pertaining to an obligation that was satisfied with the
issuance of common stock effective January 27, 2004. This accrued interest is
included in accounts payable and other accrued expenses in current liabilities.

During the six months ended September 30, 2004, the Company had fuel sales of
$6,899 to NRG and $166 to Flaw, Inc., a company also owned by Messrs. Cirillo
and Pipolo.

NOTE 3 CONVERTIBLE DEBENTURES

As of September 30, 2004, the convertible debentures issued in 2001, 2002 and
June 2003 (aggregating $2,017,949 before discount) had matured and were in
default, and the remaining convertible debentures (aggregating $500,000 before
discount) had maturity dates in November 2004 ($300,000) and January 2005
($200,000). Effective with the transaction and restructuring described in Note 6
below, the maturity date was extended to October 15, 2007 for all convertible
debentures; accordingly, the convertible debentures have been classified as a
long-term liability in the accompanying balance sheet as of September 30, 2004.

As of September 30, 2004, interest of $586,543 is accrued on all of the
convertible debentures and is included in current liabilities.

NOTE 4 COMMITMENTS AND CONTINGENCIES

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 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.

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 $813,959 and a negative cash flow from operations
of $173,757 for the six months ended September 30, 2004 and a working capital
deficiency of $896,902 and a stockholders' deficiency of $3,269,436 at September
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. See Note 6 for a description of two contemporaneous transactions with
the holders of the Company's convertible debentures that closed on October 15,
2004 whereby the holders (a) restructured the convertible debentures and (b)
invested $1,200,000, before expenses, through the purchase of convertible
preferred stock.


                                       6
<PAGE>

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

NOTE 6 SUBSEQUENT EVENTS

On October 15, 2004, the Company entered into a letter agreement with the
holders of the convertible debentures whereby certain provisions of the
debenture agreements were amended as follows:

            1.    Extension of the maturity dates of all convertible debentures
                  to October 15, 2007;
            2.    Modification of the conversion price by eliminating the
                  ceiling price of $.05 per share;
            3.    Lowering the interest rate to 8% from 10%; and
            4.    Forgiveness of $250,000 of interest accrued and unpaid for the
                  debentures. The gain associated with this reduction in accrued
                  interest will be reported in the statements of operations for
                  the period ending December 31, 2004

Contemporaneously with the restructuring of the convertible debentures, the
Company sold to the holders of the convertible debentures, 1,200 shares of
Series A Convertible Preferred Stock ("Series A Preferred Stock"), par value
$.001 per share, Stated Value $1,000 per share, in connection with a financing
in the amount of $1,200,000. The holders of Series A Preferred Stock are
entitled to receive cumulative cash dividends of six percent (6%) per annum,
payable in arrears on March 31, June 30, September 30 and December 31 of each
year, commencing December 31, 2004, out of funds legally available therefor.
Other provisions include:

      1.    In the event dividends are distributed to holders of shares of
            common stock, the holders of Series A Preferred Stock shall be
            entitled to receive dividends on a pari passu basis.
      2.    In the event of a Liquidation Event, as defined in the Certificate
            of Designation, Preferences, and Rights of the Series A Preferred
            Stock (the "Certificate of Designation"), the holders of Series A
            Preferred Stock shall be entitled to a Liquidation Preference
            consisting of the Stated Value, accrued and unpaid dividends, and
            any other amounts owed.
      3.    Mandatory redemption provisions are effective if and when the
            Company fails to issue shares of common stock to holders of the
            Series A Preferred Stock upon exercise of conversion rights, or the
            common stock of the Company fails to remain listed on the
            Over-the-Counter Bulletin Board, Nasdaq National Market, Nasdaq
            SmallCap Market, New York Stock Exchange or American Stock Exchange,
            for any reason within the control of the Company.
      4.    The Company may elect to optionally redeem the Series A Preferred
            Stock in an amount equal to 120% of the Stated Value of each share,
            accrued and unpaid dividends, and any other amounts owed.
      5.    Each share of Series A Preferred Stock is convertible into common
            shares at the Conversion Price generally set at 85% of the average
            of the lowest three Average Daily Prices, as defined the Certificate
            of Designation, for the Company's common stock during the 20-day
            trading period prior to the date of a conversion notice.
      6.    So long as certain conditions are met, all shares of Series A
            Preferred Stock issued and outstanding on October 14, 2007, shall be
            automatically converted into shares of common stock at the
            Conversion Price.


                                       7
<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-QSB for the three months ended June 30, 2004.

FINANCIAL CONDITION

We had net losses of $813,959 and $465,476 during the six months ended September
30, 2004 and 2003, respectively. As of September 30, 2004, we had a cash balance
of $32,325 and current liabilities of $977,777 with obligations of $235,954 to
trade creditor, interest payable of $586,543 and $102,083 to related parties,
as well as total long-term obligations in the principal amount of $2,517,949 to
convertible debenture holders. At September 30, 2004, we did not have sufficient
cash or other assets to meet our current liabilities. On October 15, 2004, we
entered into two contemporaneous transactions with the holders of the Company's
convertible debentures pursuant to which we restructured the terms of the
convertible debentures, including extending the maturity dates until October 15,
2007 and lowering the interest rate to 8%, and raised $1,200,000 of cash, before
expenses, through the sale of convertible preferred stock. We believe that the
proceeds from the sale of the convertible preferred stock that will be retained
for future working capital needs such as attracting additional customers by (a)
marketing and promotional efforts or (b) acquiring customer lists, will be
sufficient to meet our cash needs for the next twelve month period. For more
information about the terms of the convertible preferred stock, see the
discussion under "Liquidity and Capital Resources" below.

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 in addition to that
described above 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.

RELATED PARTY TRANSACTIONS

During the six months ended September 30, 2004, the Company's liability for
non-interest bearing cash advances and oil purchases from NRG Heat & Power, LLC
("NRG"), an oil supplier that is owned and managed by Messrs. Cirillo and
Pipolo, officers of the Company, increased in the net amount of $84,335. During
this six-month period, the Company purchased oil for resale from NRG in the
amount of $93,110. As of September 30, 2004, the non-interest bearing obligation
of $102,083 to NRG is included in due to related parties in current liabilities.

As of September 30, 2004, the Company owed $51,022 to NexGen Energy, LLC, a
company owned by Messrs. Cirillo, Pipolo and another stockholder, for accrued
and unpaid interest pertaining to an obligation that was satisfied with the
issuance of common stock effective January 27, 2004. This accrued interest is
included in accounts payable and other accrued expenses in current liabilities

During the six months ended September 30, 2004, the Company had fuel sales of
$6,899 to NRG and $166 to Flaw, Inc., a company also owned by Messrs. Cirillo
and Pipolo.

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

OVERALL RESULTS OF OPERATIONS

For the three months ended September 30, 2004, we incurred an overall loss of
$379,875, or $(.01) per share, which was an increase of $123,116 from the net
loss of $256,759 or $(.01) per share for the comparable prior year period. The
net losses for the three months ended September 30, 2004 and 2003 include
interest expense of $189,776 and $138,957, respectively, of which $125,000 and
$75,000, respectively, relate to debt discount expense. The net loss for the
three months ended September 30, 2004 also includes a non-cash charge of $59,375
for amortization of deferred compensation.


                                       8
<PAGE>

SALES

Total net sales for the three months ended September 30, 2004 were $119,135
compared to $64,563 for the three months ended September 30, 2003. The increase
of $54,572, or 84.5%, can be attributed principally to an increase in gallons
sold, as well as by an increase in the average selling price per gallon to
$1.35. The increase in gallons sold is attributable to a larger customer base
that increased principally through marketing activities.

GROSS PROFIT

Gross profit decreased by $6,304 to $1,625 for the three months ended September
30, 2004 compared to $7,929 for the three months ended September 30, 2003, with
gross margin decreasing to 1.4% from 12.3% for the period. This is principally
due to the rapid and dramatic increase in product cost and rising transportation
expenses experienced in the current period. Heating oil retailers generally
cannot raise selling prices as quickly as product costs increase in a rising
market; conversely, selling prices generally do not fall as quickly as product
costs decrease in a falling market.

OPERATING EXPENSES

Total selling, general and administrative expenses increased to $169,922 for the
three months ended September 30, 2004, from $105,622 for the three months ended
September 30, 2003, due principally to an increase in employee compensation and
professional fees associated with debt restructuring and financing matters.

OTHER INCOME (EXPENSE)

Interest expense increased to $189,766 from $138,957, or $50,809, for the three
months ended September 30, 2004 as compared with the three months ended
September 30, 2003, due to a $50,000 increase in the debt discount expense to
$125,000 recognized in the three months ended September 30, 2004 compared
$75,000 recognized in the comparable prior year period.

COMPARISON OF THE SIX MONTHS ENDED SEPTEMBER 30, 2004 TO THE SIX MONTHS ENDED
SEPTEMBER 30, 2003

OVERALL RESULTS OF OPERATIONS

For the six months ended September 30, 2004, we incurred an overall loss of
$813,959, or $(.01) per share, which was an increase of $348,483 over the net
loss of $465,476, or $(.01) per share, for the comparable prior year period. The
first six months of our fiscal year is traditionally the slowest period for
deliveries of fuel oil due to warmer weather conditions in our market, the
northeastern United States. The net loss for the six months ended September 30,
2004 includes non-cash expenses of $300,000 relating to debt discount expense
and $118,750 relating to amortization of deferred compensation, while the net
loss for the six months ended September 30, 2003 includes non-cash expenses of
$100,000 relating to debt discount expense and $75,000 relating to stock issued
for professional services.

SALES

Total net sales for the six months ended September 30, 2004 was $350,230
compared to $253,374 for the six months ended September 30, 2003. The increase
of $96,856, or 38.2%, can be attributed principally to an increase in gallons
sold, as well as by an increase in the average selling price per gallon to
$1.23. The increase in gallons sold is attributable to a larger customer base
that increased principally through marketing activities.

GROSS PROFIT

Gross profit improved by $6,069 or 30.3% to $26,098 for the six months ended
September 30, 2004 compared to $20,029 for the six months ended September 30,
2003 principally due to the increase in sales revenue, offset by gross margin
decreasing slightly to 7.5% from 7.9% for the periods due a compression of
margins relating to the increase in price levels for heating oil, and rapidly
increasing transportation costs which are related to increases in fuel oil
costs..

OPERATING EXPENSES

Total selling, general and administrative expenses increased by $83,425 to
$355,435 for the six months ended September 30, 2004 from $272,010 for the six
months ended September 30, 2003 due principally to increases in employee
compensation and professional fees associated with debt restructuring and
financing matters, as well as a one-time charge to bad debt expense for a
write-off unrelated to our core residential heating oil business.



                                       9
<PAGE>

OTHER INCOME (EXPENSE)

Interest expense increased to $428,396 from $186,571, or $241,825, for the six
months ended September 30, 2004 as compared with the six months ended September
30, 2003, due to $300,000 of debt discount expense recognized in the six months
ended September 30, 2004 compared to $100,000 in the comparable prior year
period, as well $128,396 of additional interest in the six months ended
September 30, 2004 compared to $86,571 in the prior year period due to a greater
amount of interest-bearing debt outstanding in the current period.

SEASONALITY

Profitability is negatively affected by the seasonality of our business whereby
the second 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.

OFF-BALANCE SHEET ARRANGEMENTS

The Company has no off-balance sheet arrangements that have or are reasonably
likely to have a current or future effect on the Company's financial condition,
changes in financial condition, revenue or expenses, results of operations,
liquidity, capital expenditures or capital resources that is material to
investors, and the Company does not have any non-consolidated special purpose
entities.

LIQUIDITY AND CAPITAL RESOURCES

As of September 30, 2004, we had a cash balance of $32,325 and a negative cash
flow from operations of $173,757 for the period then ended. We do not have any
available lines of credit. Since inception through the period ended September
30, 2004, we have financed our operations through loans and from private
placements of both debt and equity. On October 15, 2004, we entered into two
contemporaneous transactions with the holders of the Company's convertible
debentures pursuant to which we restructured the terms of the convertible
debentures and sold 1,200 shares of Series A Convertible Preferred Stock, par
value $.001 per share, for $1,200,000 in cash, before transactional expenses in
the amount of $20,000. We believe that the proceeds from this sale that will be
retained for future working capital needs such as attracting additional
customers by (a) marketing and promotional efforts or (b) acquiring customer
lists, will be sufficient to meet our cash needs for the next twelve month
period.

See Item 5 of Part II for further information concerning the two transactions.

The notes to our condensed consolidated financial statements as of September 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
$3,904,620. 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 and the addition of customers through marketing and
promotional efforts, as well as reserving a portion of the proceeds of the
recent sale of preferred stock, we will generate sufficient revenues and
liquidity for the Company to operate for the next 12 months. However, as of
September 30, 2004, we had $977,777 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.




                                       10
<PAGE>

The Company has total liabilities and contractual obligations of $3,495,726 as
of September 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                           184,932        184,932             --
Accrued Interest                     637,564         51,021        586,543
Other                                155,281        155,281             --
                                  ----------     ----------     ----------
Total Contractual Obligations     $3,495,726     $  391,234     $3,104,492
                                  ==========     ==========     ==========

The Company's failure to develop its business and achieve a sufficiently
profitable level of operations will likely have a material, adverse effect on
the Company's business, results of operations and financial condition and the
Company's ability to continue as a going concern. As a consequence of such
failure, 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 six months ended
September 30, 2004 and 2003.

NET CASH USED IN OPERATING ACTIVITIES

Net cash used in operating activities was $173,757 and $192,388 in the six
months ended September 30, 2004 and 2003, respectively. The use of cash in
operating activities for the six months ended September 30, 2004 was principally
the result of a net loss of $813,959 and a seasonable decrease in accounts
payable of $136,802 attributable to a lower level of purchasing volume in the
period and the post-heating season liquidation of trade payables incurred in the
last quarter of the previous fiscal year, offset by non-cash charges of
$507,909, a seasonable decrease in accounts receivable of $95,996 attributable
to a lower level of sales volume and the related post-heating season liquidation
of customer receivables incurred in the quarter of the previous fiscal year and
an increase in accrued interest of $127,805. The use of cash in operating
activities for the six months ended September 30, 2003 was principally the
result of a net loss of $465,476 and a seasonable decrease in accounts payable
of $86,375, offset by non-cash charges of $205,674, a seasonable decrease in
accounts receivable of $29,060 and an increase in accrued interest of $76,305.

NET CASH USED IN INVESTING ACTIVITIES

We used $9,155 and $19,087, respectively, during the six months ended September
30, 2004 and 2003, respectively, for the acquisition of property and equipment,
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 six months ended September 30,
2004 was $84,335, attributable to a net increase in related party debt. Net cash
provided by financing activities for the six months ended September 30, 2003 was
$216,879 from the sale of convertible debentures of $223,750, net of financing
costs of $76,250 and net repayments to related parties of $6,871.



                                       11
<PAGE>

CRITICAL ACCOUNTING POLICIES

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 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.

RISK FACTORS

Certain matters in this quarterly Report on Form 10-QSB, including, without
limitation, certain matters discussed in this Management's Discussion and
Analysis of Financial Condition and Results of Operations and other sections of
this Report constitute "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and are subject to the safe harbors
created thereby. Forward-looking statements are typically identified by the
words "believes," "expects," "anticipates," "intends," "will," "seek,"
"continue," "goal" and similar expressions. In addition, any statements that
refer to expectations or other characterizations of future events or
circumstances are forward-looking statements. These statements are based on a
number of assumptions that could ultimately prove inaccurate, and, therefore
there can be no assurance that they will prove to be accurate. Readers are
cautioned that any such forward-looking statements are not guarantees of
performance and that matters referred to in such forward-looking statements
involve known and unknown risks, uncertainties and other factors which may cause
actual results, performance or achievements of the Company to be materially
different from any future results, performance or achievements expressed or
implied by such forward-looking statements. Among the factors that could affect
performance are those risks and uncertainties discussed below, which are
representative of factors which could affect the outcome of the forward-looking
statements as well as the Company's overall future performance. In addition,
such statements and the Company's overall future performance could be affected
by general industry and market conditions, general domestic and international
economic conditions and geopolitical considerations or other events that may
negatively impact the markets where the Company competes. The Company undertakes
no obligation to update publicly any forward-looking statements, whether as a
result of new information, future events or otherwise.

CONTINUING LOSSES. For our fiscal years ended March 31, 2004 and 2003 and for
the three- and six- month periods ended September 30, 2004, we have incurred net
losses. We expect to continue to incur significant operating expenses until such
time as the volume of heating oil sold increases.

GOING CONCERN UNCERTAINTY. In their report dated June 28, 2004, our independent
auditors expressed substantial doubt about our ability to continue as a going
concern in our financial statements for the fiscal year ended March 31, 2004.
Our ability to continue as a going concern is a result of recurring losses from
operations, a stockholders' deficit, and requirement for a significant amount of
capital financing to proceed with our business plan. Our ability to continue as
a going concern is subject to our ability to generate a profit and/or obtain
necessary funding from outside sources, including obtaining additional funding
from the sale of our securities, increasing sales or obtaining loans where
possible. The going concern qualification in our auditors' report increases the
difficulty in meeting such goals and there can be no assurances that such
methods will prove successful.

WORKING CAPITAL DEFICIT. We had a net loss of $813,959 during the six months
ended September 30, 2004. As of September 30, 2004, we had a cash balance of
$32,325 and current liabilities of $977,777, as well as total long-term
obligations in the principal amount of $2,517,949 to convertible debenture
holders. At September 30, 2004, we did not have sufficient cash or other assets
to meet our current liabilities. On October 15, 2004, we raised $1,200,000 in
cash, before expenses, with the sale of 1,200 shares of Series A Convertible
Preferred Stock to the holders of the convertible debentures. While we believe
that the proceeds from this sale that will be sufficient to meet our cash needs
for the next twelve month period, there can be no assurances that our cash needs
for the next twelve months will not exceed this amount.



                                       12
<PAGE>

LIQUIDITY RISK. While we secured financing of $1,200,000 through the sale on
October 15, 2004 of 1,200 shares of Series A Convertible Preferred Stock, we
currently have no other commitments with any third parties to obtain any
material amount of additional equity or debt financing. Our principal
stockholders have limited financial resources and may not be able to continue to
lend funds to us. We may not be able to obtain any additional financing in the
amounts or at the times that we may require such financing. Nor is there any
assurance that if we do obtain any financing in the future, it would be on
acceptable terms because we have no additional assets to pledge as security for
the loan and we maybe viewed as a high market risk. In addition, the consent of
the holders of the Series A Convertible Preferred Stock is required for certain
transactions, including any merger or consolidation pursuant to which the
rights, preferences or privileges of the Series A Convertible Preferred Stock
would be adversely affected and any transaction involving the creation of any
class or series of capital stock of the Company that would rank senior to or
pari passu with the Series A Convertible Preferred Stock. As a result, we may
not have adequate capital to implement future expansions, maintain our current
levels of operation or to pursue strategic acquisitions. Our failure to obtain
sufficient additional financing could result in the delay or abandonment of some
or all of our expansion and expenditures, which could harm our business and the
value of our common stock.

HAZARDOUS OPERATIONS. There are risks associated with the handling of oil, such
as operational hazards and unforeseen interruptions caused by events beyond our
control. These include accidents, terrorism or sabotage, the breakdown or
failure of equipment or processes, and catastrophic events. Liabilities incurred
and interruptions in operations caused by the handling of oil have the potential
to materially impact our consolidated results of operations, financial position
and liquidity.

ENVIRONMENTAL RISKS. There are environmental risks associated with the risks in
the handling of oil, which include injury or loss of life and extensive property
or environmental damage. In addition, the general handling of oil has the
potential for serious impacts on human health and the environment. Because home
heating oil is considered harmful when released into the environment, the
Company may suffer adverse economic losses in the event an environmental claim
exceeds the $1,000,000 limit on the Company's environmental pollution liability
insurance.

GEOPOLITICAL CONSIDERATIONS. The continuing war in Iraq, acts of sabotage on oil
pipelines in the Middle East and other oil-producing regions of the world,
reports of low reserves in various oil-production fields and weather conditions
have contributed to an increase in the price of oil. The continuing Iraqi war
and incidents of terrorism or sabotage against the oil industry, as well as
turbulent weather conditions, could have further negative economic effects on
the oil industry, and the price of oil could rise further and/or the supply of
oil could be diminished or interrupted for undeterminable amount of time. Any
such price increases or supply disruptions would have a negative impact on the
Company's business, results of operations and financial condition.

DEPRESSION OF STOCK PRICE. As of September 30, 2004, we had 74,136,826 shares of
common stock issued and outstanding and convertible debentures outstanding that
may be converted into an estimated 100,717,960 shares of common stock at current
market prices, and outstanding warrants to purchase up to 4,000,000 shares of
common stock. In addition, the number of shares of common stock issuable upon
conversion of the outstanding convertible debentures may increase if the market
price of our stock declines. In the event that shares of common stock are issued
upon conversion of the outstanding convertible debentures, the sale of such
shares could adversely affect the market price of our common stock.

DILUTION OF STOCKHOLDERS UPON CONVERSION/EXERCISE OF OUTSTANDING DEBENTURES AND
WARRANTS. Our obligation to issue shares upon conversion of our convertible
securities is essentially limitless. The issuance of shares upon conversion of
outstanding convertible debentures and exercise of outstanding warrants may
result in substantial dilution to the interests of other stockholders in the
event that the holders of such debentures and warrants ultimately convert or
exercise and sell the full amount issuable on conversion or exercise. Although
the holders of the debentures and warrants may not convert their debentures
and/or exercise their warrants if such conversion or exercise would cause them
to own more than 4.99% of our outstanding common stock, this restriction does
not prevent the holders of the debentures and the warrants from converting
and/or exercising some of their holdings and then converting the remainder of
their holdings at a later date. There is no upper limit on the number of shares
that may be issued which will have the effect of further diluting the
proportionate equity interest and voting power of holders of our common stock.

DILUTION OF STOCKHOLDERS UPON CONVERSION OF PREFERRED STOCK. The Company's
issuance of the Series A Convertible Preferred Stock has a potentially dilutive
effect upon the holders of common stock. Although the issuance of shares of
common stock upon the conversion of the Series A Convertible Preferred Stock is
subject to certain limitations, the Company has reserved 56,470,588 authorized
and unissued shares of common stock for issuance upon conversion of the
outstanding shares of Series A Convertible Preferred Stock based upon the
currently effective conversion price.

LIMITED TRADING VOLUME AND PRICE FLUCTUATIONS. There is a limited public market
for our common stock and there can be no assurance that an active trading market
will develop. An absence of an active trading market could adversely affect our
stockholders' ability to sell shares of common stock in short time periods, or
possibly at all. Our common stock has not traded over the past two years, and is
likely to experience in the future, significant price and volume fluctuations
that could adversely affect the market price of our common stock without regard
to our operating performance. In addition, we believe that factors such as
quarterly fluctuations in our financial results and changes in the overall
economy or the condition of the financial markets could cause the price of our
common stock to fluctuate substantially.



                                       13
<PAGE>

ITEM 3. CONTROLS AND PROCEDURES

(a) EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

Prior to the filing of this Report on Form 10-QSB, an evaluation was performed
under the supervision of and with the participation of the Company's management,
including the President and Chief Financial Officer, of the effectiveness of the
Company's disclosure controls and procedures. Based on the evaluation, the
President and the Chief Financial Officer have concluded that, as of September
30, 2004, the Company's disclosure controls and procedures were effective to
ensure that information required to be disclosed by the Company in reports that
it files or submits under the Securities Exchange Act of 1934, as amended, is
recorded, processed, summarized and reported within the time periods specified
in SEC rules and forms. . 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.

(b) CHANGES IN INTERNAL CONTROLS

During the fiscal quarter ended September 30, 2004, there were no significant
changes in the Company's internal control over financial reporting that have
materially affected, or are reasonably likely to materially affect, the
Company's internal control over financial reporting.





                                       14
<PAGE>

PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

None

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

RECENT SALES OF UNREGISTERED SECURITIES

The responses set forth under Item 5, Other Information - Information Required
to be Disclosed on Form 8-K are incorporated herein by reference.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

As of September 30, 2004, the convertible debentures issued in 2001, 2002 and
June 2003 (aggregating $2,017,949 before discount) had matured and were in
default, and the remaining convertible debentures (aggregating $500,000 before
discount) having maturity dates in November 2004 ($300,000) and January 2005
($200,000). Effective with a restructuring of all of the convertible debentures
on October 15, 2004, the maturity dates of all of the Company's outstanding
convertible debentures were extended to October 14, 2007 and the default was
cured.

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.

<TABLE>
<CAPTION>
<S>         <C>                                                                          <C>
 3(i)       Certificate of Designations, Preferences, and Rights of Series A             Incorporated by reference to Form
            Convertible Preferred Stock of Clickable Enterprises, Inc.                   8-K filed November 16, 2004.

31.1        Rule 13a-14(a) Certification of Nicholas Cirillo, Jr., President             Provided Herewith

31.2        Rule 13a-14(a) Certification of Guy Pipolo, Chief Financial Officer          Provided Herewith

32.1        Certification   of   President   pursuant  to  Section  906  of  the         Provided Herewith
            Sarbanes-Oxley Act of 2002

32.2        Certification of Chief Financial  Officer pursuant to Section 906 of         Provided Herewith
            the Sarbanes-Oxley Act of 2002
</TABLE>


(b) Reports on Form 8-K

On November 16, 2004, we filed a Report on Form 8-K disclosing that on October
15, 2004, the Company sold 1,200 unregistered shares of Series A Convertible
Preferred Stock, par value $.001 per share (the "Preferred Stock"), in a private
placement to AJW Partners, LLC, AJW Offshore, Ltd., AJW Qualified Partners, LLC
and New Millennium Capital Partners II, LLC (collectively, the "Investors")
under a Securities Purchase Agreement (the "Purchase Agreement"). The aggregate
purchase price for the Preferred Stock was $1.2 million in cash. The Report on
Form 8-K also disclosed that on October 15, 2004, in connection with the
Purchase Agreement, the Company and the Investors also entered into an amendment
(the "Debentures Amendment") of the terms of certain outstanding convertible
debentures in the aggregate original principal amount of approximately $2.5
million, which are held by the Investors and which were originally issued by the
Company to the Investors in June 2001, August 2001, May 2002, June 2003,
November 2003 and January 2004 (the "Debentures"). Pursuant to the Debentures
Amendment, among other changes, the Investors agreed to extend the maturity date
of each of the Debentures to October 15, 2007 from June 6, 2004, and to forgive
an aggregate of $250,000 in accrued interest on the Debentures.



                                       15
<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 (Principal Executive Officer)

Date: November 18, 2004

By:    /s/Guy Pipolo
       ------------------------
Name:  Guy Pipolo
Title: Chief Financial Officer (Principal Accounting Officer)

Date: November 18, 2004



                                       16
<PAGE>


EXHIBIT INDEX

<TABLE>
<CAPTION>
<S>          <C>                                                                          <C>
EXHIBIT       DESCRIPTION OF EXHIBIT (1)
NUMBER
 3(i)         Certificate of Designations, Preferences, and Rights of Series A            Incorporated by reference to Exhibit
              Convertible Preferred Stock of Clickable Enterprises, Inc.                  3(i) to Clickable Enterprises, Inc.'s
                                                                                          Form 8-K  filed  on  November 16, 2004

31.1          Rule 13a-14(a) Certification of Nicholas Cirillo, Jr., President            Provided Herewith

31.2          Rule 13a-14(a) Certification of Guy Pipolo, Chief Financial Officer         Provided Herewith

32.1          Certification   of   President   pursuant  to  Section  906  of  the        Provided Herewith
              Sarbanes-Oxley Act of 2002

32.2          Certification of Chief Financial  Officer pursuant to Section 906 of        Provided Herewith
              the Sarbanes-Oxley Act of 2002
</TABLE>

(1) In the case of incorporation by reference to documents filed by the
Registrant under the Exchange Act, the Registrant's file number under the
Exchange Act is 0-23737.


                                       17