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**U.S.        SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON,        D.C. 20549**

**FORM        10-QSB**

**x**

**o**

**CLICKABLE        ENTERPRISES, INC. **

**Delaware**

**82-0290939**

**Two      Madison Avenue, Larchmont, NY 10538 **

**(914)      833-9125 **

**Yes      o No x**

**Yes      o No x**

**Yes      o No x**

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**CLICKABLE        ENTERPRISES, INC.**

**INDEX        TO FORM 10-QSB**

| **PART                  I-FINANCIAL                  INFORMATION** |
|--------------------------------------------------------------------|

| **Item                1.** | Condensed                Consolidated Financial Statements (Unaudited)                                                                                                          |
|----------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                       |                                                                                                                                                                            |
|                       | Condensed                Consolidated Balance Sheets as of June 30, 2007 (Unaudited) and March                31,                2007                                           |
|                       |                                                                                                                                                                            |
|                       | Condensed                Consolidated Statements of Operations for the Three Months Ended                June 30,                2007 and                2006 (Unaudited)       |
|                       |                                                                                                                                                                            |
|                       | Condensed                Consolidated Statements of Cash Flows for the Three Months Ended                June 30,                2007 and                2006 (Unaudited)       |
|                       |                                                                                                                                                                            |
|                       | Condensed                Consolidated Statement of Changes in Stockholders’ Deficiency for the                Three Months Ended                June 30, 2007 (Unaudited) |
|                       |                                                                                                                                                                            |
|                       | Notes                to Condensed Consolidated Financial Statements as of June 30, 2007                (Unaudited)                                                              |
|                       |                                                                                                                                                                            |
| **Item                2.** | Management’s                Discussion and Analysis or Plan of Operation                                                                                                  |
|                       |                                                                                                                                                                            |
| **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                                                                   |

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*In      this report, the terms the “Company”, “we”, “our” and “us” refer to Clickable      Enterprises, Inc. and unless the context otherwise requires, the Company’s      wholly-owned subsidiary, ClickableOil.com, Inc.      (“ClickableOil.com”).*

**CAUTIONARY        STATEMENT REGARDING FORWARD-LOOKING STATEMENTS**

*Certain      statements in the "Management’s Discussion and Analysis or Plan of Operation"      and elsewhere in this quarterly report constitute "forward-looking statements"      (within the meaning of the Private Securities Litigation Reform Act of 1995      (the      "Act")) relating to us and our business, which represent our current      expectations or beliefs including, but not limited to, statements concerning      our      operations, performance, financial condition and growth. The Act may, in certain      circumstances, limit our liability in any lawsuit based on forward-looking      statements that we have made. All statements, other than statements of      historical facts, included in this quarterly report that address activities,      events or developments that we expect or anticipate will or may occur in the      future, including such matters as our projections, future capital expenditures,      business strategy, competitive strengths, goals, expansion, market and industry      developments and the growth of our businesses and operations are forward-looking      statements. Without limiting the generality of the foregoing, words such as      "may,” “believes,” ”expects,” "anticipates,” "could,” "estimates,” “grow,”“plan,” "continue," “will,” “seek,” “scheduled,” “goal” or “future” or the      negative or other comparable terminology are intended to identify      forward-looking statements. These statements by their nature involve substantial      risks and uncertainties, such as credit losses, dependence on management and      key      personnel, variability of quarterly results, our ability to continue our growth      strategy and competition, certain of which are beyond our control. Any or all      of      our forward-looking statements may turn out to be wrong. They may be affected      by      inaccurate assumptions that we might make or by known or unknown risks or      uncertainties. Should one or more of these risks or uncertainties materialize      or      should the underlying assumptions prove incorrect, actual outcomes and results      could differ materially from those indicated in the forward-looking      statements.*

*Because      of the risks and uncertainties associated with forward-looking statements,      you      should not place undo reliance on them. Further, any forward-looking statement      speaks only as of the date on which it is made, and we undertake no obligation      to update any forward-looking statement to reflect events or circumstances      after      the date on which the statement is made or to reflect the occurrence of      unanticipated events.*

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**CLICKABLE          ENTERPRISES, INC. AND SUBSIDIARY **

**CONDENSED          CONSOLIDATED BALANCE SHEETS **

**(UNAUDITED)**

|                                                                                                                                           |   | **June                30,** |                                     | **March                31,** |   |
|------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------|------------------------------------------|------------------------------|--------|
|                                                                                                                                           |   | **2007**                    |                                     | **2007**                     |   |
| **ASSETS**                                                                                                                                     |   |                        |                                     |                         |   |
| Current                Assets                                                                                                                  |   |                        |                                     |                         |   |
| Cash                                                                                                                                           |   | $                           | 105,540                                  |                         | $      | 119,639 |   |
| Accounts                receivable, net of allowance for doubtful accounts of $202,000                and                $151,000 respectively |   |                        | 362,469                                  |                         |   | 795,710 |   |
| Inventory                                                                                                                                      |   |                        | 83,358                                   |                         |   | 67,769 |   |
| Prepaid                expenses                                                                                                                |   |                        | 28,863                                   |                         |   | 61,625 |   |
| Due                from related parties                                                                                                        |   |                        | 28,008                                   |                         |   | 68,331 |   |
| Debt                financing costs, net of accumulated amortization of $61,756 and                $52,312 respectively                        |   |                        | 78,244                                   |                         |   | 47,688 |   |
| Other                current assets                                                                                                            |   |                        | 0                                        |                         |   | 0 |   |
| Total                Current Assets                                                                                                            |   | $                           | 686,482                                  |                         | $      | 1,160,762 |   |
|  Property                and equipment, net of accumulated depreciation of $70,911 and                $64,298 respectively                |   |                        | 65,997                                   |                         |   | 72,610 |   |
| Intangible                asset, net of accumulated amortization of $162,184 and                $132,537 respectively                          |   |                        | 768,524                                  |                         |   | 798,171 |   |
| Other                assets                                                                                                                    |   |                        | 80,108                                   |                         |   | 80,108 |   |
|                                                                                                                                           |   |                        |                                     |                         |   |   |   |
| **TOTAL                ASSETS**                                                                                                                |   | $                           | 1,601,110                                |                         | $      | 2,111,651 |   |
|                                                                                                                                           |   |                        |                                     |                         |   |   |   |
| **LIABILITIES                & STOCKHOLDERS' DEFICIENCY**                                                                                  |   |                        |                                          |                         |   |  |   |
| **Current                Liabilities**                                                                                                         |   |                        |                                          |                         |   |  |   |
| Accounts                payable and other accrued expenses                                                                                     |   | $                           | 349,733                                  |                         | $      | 1,137,451 |   |
| Credit                Lines                                                                                                                    |   |                        | 40,000                                   |                         |   | 129,950 |   |
| Deferred                Revenue                                                                                                                |   |                        | 32,511                                   |                         |   | 35,531 |   |
| Notes                payable                                                                                                                   |   |                        | 38,954                                   |                         |   | 105,112 |   |
| Due                to related parties                                                                                                          |   |                        | 0                                        |                         |   | 0 |   |
| Customer                deposits                                                                                                               |   |                        | 113,536                                  |                         |   | 114,160 |   |
| Accrued                interest                                                                                                                |   |                        | 135,322                                  |                         |   | 77,157 |   |
| Convertible                debentures (current portion)                                                                                        |   |                        | 1,365,064                                |                         |   | 749,784 |   |
| Total                Current Liabilities                                                                                                       |   | $                           | 2,075,120                                |                         | $      | 2,349,145 |   |
|                                                                                                                                           |   |                        |                                     |                         |   |   |   |
| **Long                Term Liabilities**                                                                                                       |   |                        |                                          |                         |   |  |   |
| Convertible                debentures                                                                                                          |   | $                           | 1,727,061                                |                         | $      | 1,659,826 |   |
| Derivative                Instrument Liabilities - Convertible Notes                                                                           |   |                        | 7,604,969                                |                         |   | 2,765,915 |   |
| Derivative                Instrument Liabilities - Warrants                                                                                    |   |                        | 18,000                                   |                         |   | 0 |   |
| Other                Accrued Expenses                                                                                                          |   |                        | 0                                        |                         |   | 0 |   |
| Notes                payable                                                                                                                   |   |                        | 11,803                                   |                         |   | 23,316 |   |
| Total                Long Term Liabilities                                                                                                     |   | $                           | 9,361,833                                |                         | $      | 4,449,057 |   |
| **TOTAL                LIABILITIES**                                                                                                           |   | $                           | 11,436,953                               |                         | $      | 6,798,202 |   |
|                                                                                                                                           |   |                        |                                          |                         |   |  |   |
| COMMITMENTS                AND CONTINGENCIES                                                                                                   |   | $                           | 0                                        |                         | $      | 0 |   |
|                                                                                                                                           |   |                        |                                          |                         |   |  |   |
| Series                A 6% Cumulative Preferred stock, $.001 par value,                                                                        |   |                        |                      |                         |   |                     |   |
| 1,200                shares authorized, issued and outstanding having a RedemptionValue                of $1,200,000.                          |   | $                           | 1,171,657                                |                         | $      | 1,171,657 |   |
|                                                                                                                                           |   |                        |                                          |                         |   |  |   |
| **STOCKHOLDERS'                DEFICIENCY**                                                                                                    |   |                        |                                          |                         |   |  |   |
| Common                stock, $.001 par value, 500,000,000 shares authorized                                                                    |   |                        |                                          |                         |   |  |   |
| 481,194,033                and 481,194,033 shares issued and outstanding,                respectively                                          |   | $                           | 481,194                                  |                         | $      | 481,194 |   |
| Additional                paid-in capital                                                                                                      |   |                        | 3,198,731                                |                         |   | 3,198,731 |   |
| Deferred                compensation                                                                                                           |   |                        | 94,492                                   |                         |   | 94,492 |   |
| Accumulated                deficit                                                                                                             |   |                        | (14,781,916                              | )                            |   | (9,632,624 | ) |
| **TOTAL                STOCKHOLDERS' DEFICIENCY**                                                                                              |   |                        | ($11,007,500                             | )                            |   | ($5,858,207 | ) |
| **TOTAL                LIABILITIES AND STOCKHOLDERS' DEFICIENCY**                                                                              |   | $                           | 1,601,110                                |                         | $      | 2,111,651 |   |

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**CLICKABLE            ENTERPRISES, INC. AND SUBSIDIARY **

**CONDENSED            CONSOLIDATED STATEMENTS OF OPERATIONS **

**(UNAUDITED)**

|                                                              |   | **Three                Months Ended** |        |
|-------------------------------------------------------------------|--------|---------------------------------------|-------------|
|                                                              |   | **June                30,**           |        |
|                                                              |   | **2007**                              |        | **2006** |   |
| NET                FUEL SALES (including related party sales      |   |                                  |             |   |  |  |   |
|  of                $5,720 and $4,637 respectively)           |   | $                                     | 1,196,784   |   | $ | 969,878 |   |
| COST                OF SALES                                      |   |                                  | 1,149,249   |   |   | 950,891 |   |
| GROSS                PROFIT                                       |   | $                                     | 47,534      |   | $ | 18,987 |   |
|                                                              |   |                                  |        |   |   |   |   |
| OPERATING                EXPENSES                                 |   |                                  |        |   |   |   |   |
| Selling,                general and administrative                |   | $                                     | 337,217     |   | $ | 415,252 |   |
| Depreciation                and amortization                      |   |                                  | 45,705      |   |   | 32,715 |   |
| TOTAL                OPERATING EXPENSES                           |   | $                                     | 382,921     |   | $ | 447,967 |   |
|                                                              |   |                                  |        |   |   |   |   |
| LOSS                FROM OPERATIONS                               |   |                                  | ($335,387   | ) |   | ($428,980 | ) |
|                                                              |   |                                  |        |   |   |   |   |
| OTHER                INCOME (EXPENSE)                             |   |                                  |        |   |   |   |   |
| Derivative                Instrument Income (Expense)             |   |                                  | ($4,739,569 | ) | $ | 1,743,608 |   |
| Other                income                                       |   |                                  | 4,112       |   |   | 9,874 |   |
| Interest                expense                                   |   |                                  | (78,448     | ) |   | (72,149 | ) |
| TOTAL                OTHER INCOME (EXPENSE)                       |   |                                  | ($4,813,905 | ) | $ | 1,681,333 |   |
|                                                              |   |                                  |        |   |   |   |   |
| Income                (Loss) before provision for income taxes    |   |                                  | ($5,149,292 | ) | $ | 1,252,353 |   |
|                                                              |   |                                  |        |   |   |   |   |
| Provision                for income taxes                         |   |                                  | -           |   |   | - |   |
|                                                              |   |                                  |        |   |   |   |   |
| NET                Income (Loss)                                  |   |                                  | ($5,149,292 | ) | $ | 1,252,353 |   |
|                                                              |   |                                  |        |   |   |   |   |
| Net                Income (Loss) available to common stockholders |   |                                  | ($5,149,292 | ) | $ | 1,252,353 |   |
|                                                              |   |                                  |        |   |   |   |   |
| Net                Income (Loss) per share, basic and diluted     |   |                                  | (0.0107     | ) |   | 0.0044 |   |
|                                                              |   |                                  |        |   |   |   |   |
| Weighted                average number of common shares           |   |                                  |        |   |   |   |   |
| outstanding                - basic and diluted                    |   |                                  | 481,194,033 |   |   | 284,282,913 |   |

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**CLICKABLE          ENTERPRISES, INC. AND SUBSIDIARY **

**CONDENSED          CONSOLIDATED STATEMENT OF CASH FLOWS **

**(UNAUDITED)            **

|                                                                                                          |   | For                The Three Months Ended |        |
|---------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------|-------------|
|                                                                                                          |   | June                30,                   |        |
|                                                                                                          |   | 2007                                      |        | 2006 |   |
| **CASH                FLOWS FROM OPERATING ACTIVITIES:**                                                      |   |                                      |        |   |   |
| Net                Income (Loss)                                                                              |   |                                      | ($5,149,292 | ) | $ | 1,252,353 |   |
| **Adjustments                to reconcile net loss to net cash used in operating                activities:** |   |                                      |        |   |   |   |   |
| Depreciation                and amortization                                                                  |   |                                      | 45,705      |   |   | 32,715 |   |
| Provision                for bad debts                                                                        |   |                                      | 40,046      |   |   | 48,790 |   |
| Recognition                of deferred compensation                                                           |   |                                      | 0           |   |   | 54,603 |   |
| Derivative                Instrument (Income) Expense                                                         |   |                                      | 4,739,569   |   |   | (1,743,608 | ) |
| **Changes                in operating assets and liabilities:**                                               |   |                                      |        |   |   |   |   |
| **(Increase)                decrease in:**                                                                    |   |                                      |        |   |   |   |   |
| Accounts                receivable                                                                            |   |                                      | 393,195     |   |   | 232,165 |   |
| Inventory                                                                                                     |   |                                      | (15,589     | ) |   | (49,321 | ) |
| Prepaid                expenses                                                                               |   |                                      | 32,762      |   |   | (34,460 | ) |
| Other                assets                                                                                   |   |                                      | 0           |   |   | 251 |   |
| **Increase                (decrease) in:**                                                                    |   |                                      |        |   |   |   |   |
| Accounts                payable and accrued expenses                                                          |   |                                      | (787,717    | ) |   | (394,106 | ) |
| Deferred                Revenue                                                                               |   |                                      | (3,020      | ) |   | 0 |   |
| Accrued                interest                                                                               |   |                                      | 58,165      |   |   | 69,133 |   |
| Customer                deposits                                                                              |   |                                      | (623        | ) |   | 19,677 |   |
| Net                cash used in operating activities                                                          |   |                                      | ($646,801   | ) |   | ($511,807 | ) |
| **CASH                FLOWS FROM INVESTING ACTIVITIES:**                                                      |   |                                      |        |   |   |   |   |
| Acquisition                of property and equipment                                                          |   | $                                         | 0           |   | $ | 0 |   |
| Acquisition                of other current assets                                                            |   |                                      | 0           |   |   | (17,108 | ) |
| Acquisition                of intangible assets                                                               |   |                                      | 0           |   |   | 0 |   |
| Net                cash used in investing activities                                                          |   | $                                         | 0           |   |   | ($17,108 | ) |
| **CASH                FLOWS FROM FINANCING ACTIVITIES:**                                                      |   |                                      |        |   |   |   |   |
| Increase                (Decrease) in Credit Lines                                                            |   |                                      | ($89,950    | ) | $ | 0 |   |
| Increase                (decrease) in Notes Payable                                                           |   |                                      | (77,671     | ) |   | (9,433 | ) |
| Decrease                (Increase) in due from related parties                                                |   |                                      | 40,323      |   |   | (6,065 | ) |
| Proceeds                from issuance of convertible debentures                                               |   |                                      | 800,000     |   |   | 0 |   |
| Finance                Charge - Convertible Debentures                                                        |   |                                      | (40,000     | ) |   | 0 |   |
| Net                cash provided by (used in) financing activities                                            |   | $                                         | 632,702     |   |   | ($15,499 | ) |
|                                                                                                          |   |                                      |             |   |   |  |   |
| **NET                INCREASE (DECREASE) IN CASH**                                                            |   |                                      | ($14,099    | ) |   | ($544,414 | ) |
| **CASH                AT BEGINNING OF PERIOD**                                                                |   |                                      | 119,639     |   |   | 1,001,903 |   |
| **CASH                AT END OF PERIOD**                                                                      |   | $                                         | 105,540     |   | $ | 457,489 |   |

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**CLICKABLE          ENTERPRISES, INC. AND SUBSIDIARY **

**CONDENSED          CONSOLIDATED STATEMENT OF CASH FLOWS **

**(UNAUDITED)          **

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**CLICKABLE        ENTERPRISES, INC. AND SUBSIDIARY **

**CONDENSED        CONSOLIDATED STATEMENT OF CHANGES IN **

**STOCKHOLDERS’        DEFICIENCY**

**FOR        THE THREE MONTHS ENDED JUNE 30, 2007**

**(UNAUDITED)**

|                                            |   |                            |         |                **Additional** |   |            |   |                **Deferred** |      |             |   |
|-------------------------------------------------|--------|---------------------------------|--------------|------------------------------------|--------|-----------------|--------|----------------------------------|-----------|------------------|--------|
|                                            |   | **Common                Stock** |         | **Paid                in**         |   | **Accumulated** |   | **Equity**                       |      |             |   |
|                                            |   | **Shares**                      |         | **Amount**                         |   | **Capital**     |   | **Deficit**                      |      | **Compensation** |   | **Total** |   |
| Balance,                April 1, 2007           |   |                            | 481,194,033  |                               | $      | 481,194         |   | $                                | 3,198,731 |             |   | ($9,632,624 | ) | $ | 94,492 |   |   | ($5,858,207 | ) |
|                                            |   |                            |         |                               |   |            |   |                             |      |             |   |   |   |   |   |   |   |   |   |
|                                            |   |                            |         |                               |   |            |   |                             |      |             |   |   |   |   |   |   |   |   |   |
| Net                Income (Loss) for the period |   |                            |    |                               |   |                 |   |                             |           |             |   | (5,149,292 | ) |   |  |   |   | ($5,149,292 | ) |
|                                            |   |                            |         |                               |   |            |   |                             |      |             |   |   |   |   |   |   |   |   |   |
| Balance,                June 30, 2007           |   |                            | 484,194,033  |                               | $      | 481,194         |   | $                                | 3,198,731 |             |   | ($14,781,916 | ) | $ | 94,492 |   |   | ($11,007,500 | ) |

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**CLICKABLE        ENTERPRISES, INC. AND SUBSIDIARY **

**NOTES        TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS        OF JUNE 30, 2007**

**(UNAUDITED)**

**NOTE      1.**
**SUMMARY      OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION **

**(A)      Organization and Recent Company History **

**(B)      Principles of Consolidation **

**(C)      Use of Estimates **

**(D)      Loss Per Share **

**(E)      Interim Condensed Consolidated Financial Statements **

**NOTE      2. **
**RELATED      PARTY TRANSACTIONS **

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**CLICKABLE          ENTERPRISES, INC. AND SUBSIDIARY **

**NOTES          TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS          OF JUNE 30, 2007**

**(UNAUDITED)**

**NOTE        3.**
**CONVERTIBLE        DEBENTURES **

**NOTE      4. **
**DERIVATIVE      FINANCIAL INSTRUMENT LIABILITIES**

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**CLICKABLE        ENTERPRISES, INC. AND SUBSIDIARY **

**NOTES        TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**AS        OF JUNE 30, 2007**

**(UNAUDITED)**

| Issue                Date                                                   |   | Expiry                Date |       | No.                of Warrants |   | Issued                To |   | Exercise                Price                per Share |                        | Value                Issue Date |   | Value                June                30, 2007 |   |
|-----------------------------------------------------------------------------|--------|----------------------------|------------|--------------------------------|--------|--------------------------|--------|--------------------------------------------------------|-----------------------------|---------------------------------|--------|---------------------------------------------------|--------|
|                                                                        |   |                       |       |                           |   |                     |   |                                                   |                        |                            |   |                                              |   |
| 06/06/2003                                                                  |   |                       | 06/05/2008 |                           |   | 1,500,000                |   |                                                   | AJW                Partners |                            |   | Various                                           |   | $ | 0 |   | $ | 0 |   |
| 11/03/2003                                                                  |   |                       | 11/03/2008 |                           |   | 1,500,000                |   |                                                   | AJW                Partners |                            |   | Various                                           |   |   | 0 |   |   | 0 |   |
| 01/16/2004                                                                  |   |                       | 01/16/2009 |                           |   | 1,000,000                |   |                                                   | AJW                Partners |                            |   | Various                                           |   |   | 0 |   |   | 0 |   |
| 06/30/2005                                                                  |   |                       | 06/30/2010 |                           |   | 6,500,000                |   |                                                   | AJW                Partners |                            |   | Various                                           |   |   | 585,000 |   |   | 0 |   |
| 11/14/2005                                                                  |   |                       | 11/14/2010 |                           |   | 2,500,000                |   |                                                   | AJW                Partners |                            |   | Various                                           |   |   | 69,982 |   |   | 0 |   |
| 03/21/2006                                                                  |   |                       | 03/21/2011 |                           |   | 4,000,000                |   |                                                   | AJW                Partners |                            |   | Various                                           |   |   | 76,000 |   |   | 0 |   |
| 05/31/2007                                                                  |   |                       | 05/31/2014 |                           |   | 10,000,000               |   |                                                   | AJW                Partners |                            |   | Various                                           |   |   | 20,000 |   |   | 18,000 |   |
| Fair                value of derivative instrument liabilities for warrants | $      | 750,982                    |       | $                              | 18,000 |                     |

| Issue                Date                                                        |   | Due                Date |       | Note                Amount |   | Instrument |   | Exercise                Price per Share |                                       | Value-Issue                Date |   | Value                June 30, 2007 |   |
|----------------------------------------------------------------------------------|--------|-------------------------|------------|----------------------------|--------|------------|--------|-----------------------------------------|--------------------------------------------|---------------------------------|--------|------------------------------------|--------|
|                                                                             |   |                    |       |                       |   |       |   |                                    |                                       |                            |   |                               |   |
| 3/31/2003                                                                        |   |                    | 10/15/2007 |                       |   | 1,717,949  |   |                                    | Convertible                Notes           |                            |   | Various                            |   | $ | 3,435,898 |   | $ | 0 |   |
| 06/06/2003                                                                       |   |                    | 10/15/2007 |                       |   | 300,000    |   |                                    | Convertible                Notes           |                            |   | Various                            |   | $ | 600,000 |   |   | 570,962 |   |
| 11/03/2003                                                                       |   |                    | 10/15/2007 |                       |   | 300,000    |   |                                    | Convertible                Notes           |                            |   | Various                            |   |   | 600,000 |   |   | 600,000 |   |
| 01/16/2004                                                                       |   |                    | 10/15/2007 |                       |   | 200,000    |   |                                    | Convertible                Notes           |                            |   | Various                            |   |   | 400,000 |   |   | 400,000 |   |
| 06/30/2005                                                                       |   |                    | 06/30/2008 |                       |   | 650,000    |   |                                    | Convertible                Notes           |                            |   | Various                            |   |   | 1,598,361 |   |   | 1,015,625 |   |
| 11/14/2005                                                                       |   |                    | 11/14/2008 |                       |   | 250,000    |   |                                    | Convertible                Notes           |                            |   | Various                            |   |   | 489,510 |   |   | 416,667 |   |
| 03/21/2006                                                                       |   |                    | 03/21/2009 |                       |   | 1,000,000  |   |                                    | Convertible                Notes           |                            |   | Various                            |   |   | 2,083,333 |   |   | 1,770,833 |   |
| 10/15/2004                                                                       |   |                    | 10/15/2007 |                       |   | 1,200,000  |   |                                    | Convertible                Preferred Stock |                            |   | Various                            |   |   | 1,411,765 |   |   | 705,882 |   |
| 05/31/2007                                                                       |   |                    | 05/31/2010 |                       |   | 800,000    |   |                                    | Convertible                Notes           |                            |   | Various                            |   |   | 1,523,810 |   |   | 2,125,000 |   |
| Fair              value of bifurcated embedded derivative instrument liabilities |   | $                       | 12,142,677 |                       | $      | 7,604,969  |   |
|                                                                             |   |                    |       |                       |   |       |   |                                    |                                       |                            |   |                               |   |   |   |   |   |   |   |
| Total              derivative financial instruments                              |   | $                       | 12,893,659 |                       | $      | 7,622,969  |   |

**NOTE      5.**
**COMMITMENTS      AND CONTINGENCIES **

**NOTE      6.**
**GOING      CONCERN **

** **

----

**ITEM        2.**
**MANAGEMENT'S        DISCUSSION AND ANALYSIS OR PLAN OF OPERATION**

**FINANCIAL      CONDITION **

**RELATED      PARTY TRANSACTIONS**

**COMPARISON      OF THE THREE MONTHS ENDED JUNE 30, 2007 TO THE THREE MONTHS ENDED JUNE 30,      2006**

**Overall      Results Of Operations **

**Sales      **

----

**Gross      Profit **

**Operating      Expenses **

**Other      Income (Expense) **

**Seasonality**

**Off-Balance      Sheet Arrangements**

**LIQUIDITY      AND CAPITAL RESOURCES **

----

|                                                 |   | **Contractual                Obligations****(as                of June 30, 2007)** |               |
|------------------------------------------------------|--------|------------------------------------------------------------------------------------|---------------|
|                                                 |   | **Total**                                                                          |          | **1Year                or Less** |   | **More                Than 1 Year** |   |
|                                                 |   |                                                                               |          |   |   |   |   |
| Convertible                Debentures                |   | $                                                                                  | 3,485,481     |   | $ | 1,435,481 |   | $ | 2,050,000 |   |
| Accounts                Payable and Accrued Expenses |   |                                                                               | 349,733       |   |   | 349,733 |   |   | 0 |   |
| Note                Payable **(a)**             |   |                                                                               | 50,757        |   |   | 38,954 |   |   | 11,803 |   |
| Accrued                Interest                      |   |                                                                               | 135,322       |   |   | 135,322 |   |   | -- |   |
| Other                                                |   |                                                                               | 186,047       |   |   | 186,047 |   |   | -- |   |
| **Total                Contractual Obligations**     |   | **$**                                                                              | **4,207,340** |   | **$** | **2,145,537** |   | **$** | **2,061,803** |   |

**Net      Cash Used In Operating Activities **

**Net      Cash Used In Investing Activities **

**Net      Cash Provided By Financing Activities **

----

**RISK      FACTORS**

*RISKS      RELATED TO OUR BUSINESS:*

*WE      HAVE HAD LOSSES SINCE OUR INCEPTION. WE EXPECT LOSSES TO CONTINUE IN THE FUTURE      AND THERE IS A RISK WE MAY NEVER BECOME PROFITABLE.*

*OUR      INDEPENDENT AUDITORS HAVE EXPRESSED DOUBT ABOUT OUR ABILITY TO CONTINUE AS      A      GOING CONCERN, WHICH MAY HINDER OUR ABILITY TO OBTAIN FUTURE FINANCING.*

*OUR      OPERATIONS ARE HAZARDOUS AND COULD EXPOSE US TO THE RISK OF MATERIAL      LIABILITIES, LOST REVENUES OR INCREASED EXPENSES. *

*OUR      OPERATIONS ARE HAZARDOUS AND COULD EXPOSE US TO THE RISK OF ENVIRONMENTAL      LIABILITIES.*

*WE      MAY HAVE TO CURTAIL OUR BUSINESS IF WE CANNOT FIND ADEQUATE FUNDING.*

|   | · | we                have no additional assets to pledge as security for a loan;                and |
|--------|--------|--------------------------------------------------------------------------------------------------|

|   | · | we                may be viewed as a high market                risk. |
|--------|--------|-----------------------------------------------------------------------|

*OUR      BUSINESS OPERATIONS WILL BE HARMED IF WE ARE UNABLE TO OBTAIN ADDITIONAL      FUNDING. *

----

*RISKS      RELATING TO OUR CURRENT FINANCING AGREEMENTS: *

*POSSIBILITY      OF ANOTHER DEFAULT ON OUR CONVERTIBLE DEBENTURES*

** **
** **

*THERE      ARE A LARGE NUMBER OF SHARES UNDERLYING OUR CONVERTIBLE DEBENTURES, CONVERTIBLE      PREFERRED STOCK AND WARRANTS THAT MAY BE AVAILABLE FOR FUTURE SALE AND THE      SALE      OF THESE SHARES MAY DEPRESS THE MARKET PRICE OF OUR COMMON STOCK.*

*THE      CONTINUOUSLY ADJUSTABLE CONVERSION PRICE FEATURE OF OUR CONVERTIBLE DEBENTURES      COULD REQUIRE US TO ISSUE A SUBSTANTIALLY GREATER NUMBER OF SHARES TO THE      SELLING STOCKHOLDERS, WHICH WILL CAUSE DILUTION TO OUR EXISTING STOCKHOLDERS.      *

| **Percentage                Below Market** |   | **Price                Per Share** |   | **Number                of Shares Issuable** |   | **Percentage                of Outstanding Shares** |   |
|--------------------------------------------|--------|------------------------------------|--------|----------------------------------------------|--------|-----------------------------------------------------|--------|
| 25%                                        |   | $                                  | 0.0014 |                                         |   | 5,745,872,542                                       |   |   | 92 | % |
| 50%                                        |   | $                                  | 0.0010 |                                         |   | 8,605,308,813                                       |   |   | 95 | % |
| 75%                                        |   | $                                  | 0.0005 |                                         |   | 17,183,617,626                                      |   |   | 97 | % |

*IF      WE      ARE REQUIRED FOR ANY REASON TO REPAY OUR OUTSTANDING CONVERTIBLE DEBENTURES,      WE      WOULD BE REQUIRED TO DEPLETE OUR WORKING CAPITAL, IF AVAILABLE, OR RAISE      ADDITIONAL FUNDS. OUR FAILURE TO REPAY THE CONVERTIBLE DEBENTURES, IF REQUIRED,      COULD RESULT IN LEGAL ACTION AGAINST US, WHICH COULD REQUIRE THE SALE OF      SUBSTANTIAL ASSETS.*

----

*RISKS      RELATING TO OUR COMMON STOCK: *

*OUR      BOARD OF DIRECTORS CAN ISSUE PREFERRED STOCK WITHOUT STOCKHOLDER CONSENT AND      DILUTE OR OTHERWISE SIGNIFICANTLY AFFECT THE RIGHTS OF EXISTING STOCKHOLDERS.      *

*THE      PRICE OF OUR COMMON STOCK MAY BE AFFECTED BY A LIMITED TRADING VOLUME AND MAY      FLUCTUATE SIGNIFICANTLY. *

*OUR      COMMON STOCK IS SUBJECT TO "PENNY STOCK" RULES. *

|   | Ÿ | a                broker or dealer approve a customer's account for transactions in                penny                stocks; |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------|

|   | Ÿ | the                broker or dealer receive from the customer an agreement to the                transaction, setting forth the identity and quantity of the penny                stock to                be purchased; and |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Ÿ | effective                September 12, 2005, the broker or dealer wait for a period of not                less                than two business days after the broker or dealer sends such agreement                before effecting a transaction in a penny stock by, for or with the                account of the customer. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Ÿ | obtain                financial information and investment experience objectives of the                customer; |
|--------|--------|------------------------------------------------------------------------------------------------------------------|

|   | Ÿ | make                a reasonable determination that the transactions in penny stocks                are                suitable for that customer and the customer has sufficient knowledge                and                experience in financial matters to be capable of evaluating the risks                of                transactions in penny stocks, |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | Ÿ | provide                a written statement to the customer which sets forth the basis on                which                the broker or dealer made the suitability determination,                and |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Ÿ | receive                the signed, written agreement from the customer prior to the transaction. |
|--------|--------|--------------------------------------------------------------------------------------------------|

**ITEM        3.**
**CONTROLS        AND PROCEDURES **

**(A)      Evaluation Of Disclosure Controls And Procedures **

**(B)      Changes In Internal Controls **

----

**PART        II-OTHER INFORMATION **

**ITEM        1.**
**LEGAL        PROCEEDINGS **

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

**None**

**ITEM        3.**
**DEFAULTS        UPON SENIOR SECURITIES **

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

**ITEM        5.**
**OTHER        INFORMATION **

**ITEM        6.**
**EXHIBITS**

| **Exhibit                No.** |   | **Description****(1)**                                                                                                                                                                                                                                                                                                                              |
|--------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                           |   |                                                                                                                                                                                                                                                                                                                                                |
| 3(i)(a)                        |   | Articles                of Incorporation (Incorporated by reference to our Registration Statement                on Form 10-SB filed February 6, 1998).                                                                                                                                                                                             |
|                           |   |                                                                                                                                                                                                                                                                                                                                                |
| 3(i)(b)                        |   | Certificate                of Amendment (Incorporated by reference to our Registration statement                on                Form SB-2/A filed on May 14, 2004).                                                                                                                                                                               |
|                           |   |                                                                                                                                                                                                                                                                                                                                                |
| 3(i)(c)                        |   | Certificate                of Designations, Preferences, and Rights of Series A Convertible                Preferred                Stock of Clickable Enterprises, Inc. (Incorporated by reference to                our                Current Report on Form 8-K filed November 16, 2004)                                                        |
|                           |   |                                                                                                                                                                                                                                                                                                                                                |
| 3(ii)                          |   | Bylaws                (Incorporated by reference to our Registration Statement on Form                10-SB                filed February 6, 1998).                                                                                                                                                                                                 |
|                           |   |                                                                                                                                                                                                                                                                                                                                                |
| 4.1                            |   | Silver                Ramona Mining, Inc. 10% Secured Convertible Debenture due June 29,                2003 in                the principal sum of $794,119.79, issued to AJW Partners, LLC                (Incorporated by reference to our Registration Statement on Form                SB-2                filed August 3, 2001).              |
|                           |   |                                                                                                                                                                                                                                                                                                                                                |
| 4.2                            |   | Silver                Ramona Mining, Inc. 10% Secured Convertible Debenture due June 29,                2003 in                the principal sum of $398,829.30, issued to AJW Partners, LLC                (Incorporated by reference to our Registration Statement on Form                SB-2                filed August 3, 2001).              |
|                           |   |                                                                                                                                                                                                                                                                                                                                                |
| 4.3                            |   | Silver                Ramona Mining, Inc. 10% Secured Convertible Debenture due August                13, 2003                in the principal sum of $125,000, issued to New Millennium Capital                Partners II, LLC (Incorporated by reference to our Current Report                on Form                8-K, filed August 14,2001). |
|                           |   |                                                                                                                                                                                                                                                                                                                                                |
| 4.4                            |   | Silver                Ramona Mining, Inc. 10% Secured Convertible Debenture due August                13, 2003                in the principal sum of $125,000, issued to AJW Partners, LLC                (Incorporated by reference to our Current Report on Form 8-K, filed                August                14, 2001).                      |
|                           |   |                                                                                                                                                                                                                                                                                                                                                |
| 4.5                            |   | Security                Agreement among the Company and the Initial Purchasers (Incorporated                by                reference to our Current Report on Form 8-K, filed July 17, 2001).                                                                                                                                                    |
|                           |   |                                                                                                                                                                                                                                                                                                                                                |
| 4.6                            |   | Intellectual                Property Security Agreement among the Company and the Initial Purchasers                (Incorporated by reference to our Current Report on Form 8-K, filed                July                17, 2001).                                                                                                               |

----

| **Exhibit                No.** |   | **Description****(1)**                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|--------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 4.7                            |   | Secured                Convertible Debenture Purchase Agreement dated as of May 8, 2002                among the                Company and AJW Partners, LLC, New Millennium Capital Partners II,                LLC,                Pegasus Capital Partners, LLC and AJW/New Millennium Offshore Ltd.                (the                "Subsequent Purchasers") (Incorporated by reference to our Registration                Statement on SB-2 filed June 21, 2002). |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 4.8                            |   | Registration                Rights Agreement dated as of May 8, 2002, among the Company and the                Subsequent Purchasers (Incorporated by reference to our Registration                Statement on SB-2 filed June 21, 2002).                                                                                                                                                                                                                                 |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 4.9                            |   | Achievement                Tec Holdings, Inc. 10% Secured Convertible Debenture due May 8, 2003                in                the principal sum of $37,500, issued to New Millennium Capital Partners                II, LLC (Incorporated by reference to our Registration Statement                on SB-2                filed June 21, 2002).                                                                                                                       |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 4.10                           |   | Achievement                Tec Holdings, Inc. 10% Secured Convertible Debenture due May 8, 2003                in                the principal sum of $37,500, issued to AJW Partners, LLC (Incorporated                by                reference to our Registration Statement on SB-2 filed June 21, 2002).                                                                                                                                                            |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 4.11                           |   | Achievement                Tec Holdings, Inc. 10% Secured Convertible Debenture due May 8, 2003                in                the principal sum of $112,500, issued to Pegasus Capital Partners,                LLC                (Incorporated by reference to our Registration Statement on SB-2                filed                June 21, 2002).                                                                                                                 |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 4.12                           |   | Achievement                Tec Holdings, Inc. 10% Secured Convertible Debenture due May 8, 2003                in                the principal sum of $112,500, issued to AJW/New Millennium Offshore                Ltd.                (Incorporated by reference to our Registration Statement on SB-2                filed                June 21, 2002).                                                                                                              |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 4.13                           |   | Security                Agreement among the Company and the Subsequent Purchasers (Incorporated                by                reference to our Registration Statement on SB-2 filed June 21, 2002).                                                                                                                                                                                                                                                                     |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 4.14                           |   | Intellectual                Property Security Agreement among the Company and the Subsequent                Purchasers (Incorporated by reference to our Registration Statement                on                SB-2 filed June 21, 2002).                                                                                                                                                                                                                                |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 4.15                           |   | Securities                Purchase Agreement among the Company and AJW Partners, LLC, AJW Offshore,                Ltd., AJW Qualified Partners, LLC and New Millennium Capital Partners                II,                LLC, dated June 30, 2005 (Incorporated by reference to our Form 10-QSB                for                the period ended June 30, 2005 filed on August 24,                2005).                                                               |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 4.16                           |   | Form                of Callable Secured Convertible Note entered into in connection with                Exhibit 4.15 (Incorporated by reference to our Form 10-QSB for the                period                ended June 30, 2005 filed on August 24, 2005).                                                                                                                                                                                                             |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 4.17                      |   | Form                of Stock Purchase Warrant entered into in connection with Exhibit                4.15                (Incorporated by reference to our Form 10-QSB for the period ended                June                30, 2005 filed on August 24, 2005).                                                                                                                                                                                                         |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 4.18                           |   | Security              Agreement among the Company and AJW Partners, LLC, AJW Offshore, Ltd.,              AJW              Qualified Partners, LLC and New Millennium Capital Partners II, LLC,              dated              June 30, 2005 (Incorporated by reference to our Form 10-QSB for the              period              ended June 30, 2005 filed on August 24, 2005).                                                                                        |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 4.19                           |   | Securities              Purchase Agreement among the Company and AJW Partners, LLC, AJW Offshore,              Ltd., AJW Qualified Partners, LLC and New Millennium Capital Partners              II,              LLC, dated March 21, 2006 (incorporated by reference to our              Form-10KSB for the fiscal year ended March 31, 2006, filed on June              29,              2006).                                                                   |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 4.20                           |   | Form              of Callable Secured Convertible Note entered into in connection with              Exhibit 4.19 (incorporated by reference to our Form-10KSB for the fiscal              year ended March 31, 2006, filed on June 29, 2006).                                                                                                                                                                                                                              |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 4.21                           |   | Form              of Stock Purchase Warrant entered into in connection with Exhibit 4.15              (incorporated by reference to our Form-10KSB for the fiscal year ended              March 31, 2006, filed on June 29, 2006).                                                                                                                                                                                                                                         |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 4.22                           |   | Security              Agreement dated May 31, 2007, entered into by and among Clickable              Enterprises, Inc., AJW Partners, LLC, AJW Offshore, Ltd., AJW Qualified              Partners, LLC and New Millennium Capital Partners II, LLC (filed              herewith).                                                                                                                                                                                         |
|                           |        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 31.1                           |   | Rule                13a-14(a) Certification of Nicholas Cirillo, Jr., Chief Executive                Officer                (filed herewith).                                                                                                                                                                                                                                                                                                                              |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 31.2                           |   | Rule                13a-14(a) Certification of Guy Pipolo, Chief Financial Officer (filed                herewith).                                                                                                                                                                                                                                                                                                                                                        |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 32.1                      |   | Certification                Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section                906 of                the Sarbanes-Oxley Act of 2002 (filed herewith).                                                                                                                                                                                                                                                                                      |
|                           |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 32.2                           |   | Certification                Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section                906 of                the Sarbanes-Oxley Act of 2002 (filed                herewith).                                                                                                                                                                                                                                                                       |

**(1)**

----

**S**
**IGNATURES**

**CLICKABLE        ENTERPRISES, INC. **

*By:      /s/Nicholas Cirillo,      Jr.          *

*Name:      Nicholas Cirillo, Jr.*

*Title:      President (Principal Executive Officer)*

*Date:      September 24, 2007*

*By:      /s/Guy      Pipolo                       *

*Name:      Guy Pipolo*

*Title:      Chief Financial Officer (Principal Accounting Officer)*

*Date:*
*September      24, 2007*

----