U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~December~~May 1327, ~~2007~~2008

ENABLE IPC CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of

incorporation or organization)

000-51590

(Commission File Number)

38-3718471

(I.R.S. Employer Identification Number)

~~25520~~29033 Avenue ~~Stanford~~Sherman, ~~Suite~~Unit ~~311~~ 202

Valencia, California 91355

(Address of principal executive offices)

(661) 775-9273

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

□ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

□ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

□ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

□ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.01

Entry into a Material Definitive Agreement.

On ~~December~~May 1327, ~~2007~~2008, Enable IPC Corporation (“Enable IPC” or “we” or “our” or “us”) entered into ana ~~Exclusive~~lease ~~License~~agreement ~~Agreement (the “Agreement”)~~ with ~~Wisconsin~~Meadows ~~Alumni~~Stabe ~~Research~~Properties, ~~Foundation~~LLC (“~~WARF~~Landord”), for the ~~licensing~~leasing ~~arm~~ of ~~the~~approximately ~~University~~1,580 square feet of ~~Wisconsin.~~commercial ~~Under~~office ~~the~~space ~~Agreement~~located at 29033 Avenue Sherman, ~~WARF~~Unit ~~has~~202, ~~licensed~~Valencia, toCalifornia. ~~Enable~~The ~~IPC~~term of the ~~exclusive~~lease ~~right~~is totwo ~~develop,~~years ~~make,~~beginning ~~use,~~June ~~sub-license~~1, 2008 and ~~sell~~rental ~~products~~payments ~~relating~~are to$2,000 ~~nanoparticle-based~~per ~~ultracapacitor~~month ~~patents~~for the first year and ~~patent~~$2,080 ~~applications~~per (month for the ~~“Licensed~~second ~~Patents”)~~year. ~~throughout~~In addition, we are to pay to the ~~United~~Landlord ~~States~~upon ~~and~~commencement of the lease a security deposit of $4,000. ~~under~~Execution ~~certain~~of ~~conditions~~this lease lowers our rental payments by approximately $1,480 ~~certain~~per ~~foreign~~month ~~territories~~during asthe ~~may~~first beyear ~~later~~and ~~specified~~increases the amount of space available to us. There is no material relationship between us and the Landlord.

~~Enable~~Under ~~IPC~~the ~~and~~terms ~~WARF~~of ~~previously~~the ~~entered~~lease, ~~into~~we aare ~~License~~required ~~Option~~to ~~Agreement,~~maintain ~~disclosed~~insurance inand ~~our~~to ~~Current~~indemnify ~~Report~~the onLandlord ~~Form~~for ~~8-K~~losses ~~filed~~incurred ~~May~~that 7,are ~~2007,~~related ~~which granted~~ to usour ~~the~~use ~~right~~or tooccupancy ~~evaluate~~of the ~~technology~~property. ~~underlying~~With ~~the~~certain ~~Licensed~~exceptions, ~~Patents~~we ~~for~~are ~~purposes~~also ofrequired ~~considering~~to ~~whether~~maintain toat ~~seek~~our acost ~~license~~the toproperty, ~~develop~~utility ~~and~~installations ~~market~~used by us, such ~~technology.~~as Wethe ~~have~~HVAC ~~decided~~system, toand ~~pursue~~alterations ~~such~~we amake ~~license~~or ~~which~~fixtures iswe ~~established~~add byto the ~~Agreement~~property.

~~Under~~The description of the ~~Agreement,~~lease weagreement ~~are~~set ~~obligated~~forth above does not purport to ~~develop~~be complete and ~~market~~is ~~the~~qualified ~~Licensed~~in ~~Patents~~its ~~during~~entirety ~~the~~by ~~term~~reference ofto the ~~Agreement.~~complete ~~WARF~~text ~~retains~~of tothe ~~right~~lease toagreement ~~grant~~itself, toa ~~non-profit~~copy ~~and~~of ~~government~~which ~~institutions~~is ~~non-exclusive~~will ~~licenses~~be tofiled ~~use~~in ~~the~~our ~~Licensed~~next ~~Patents~~Annual ~~for~~Report ~~non-commercial~~on ~~purposes~~Form 10-KSB.

AsItem consideration for the license, we have agreed to pay to WARF $50,000 in two equal installments, with the first payment of $25,000 being due within 30 days of the date of the Agreement and the second payment being due within one year2. In addition, we have agreed to pay royalties for products sold with a guaranteed minimum amount of royalties to be paid beginning in 2010. Finally, we have agreed to reimburse WARF for costs incurred in filing, prosecuting and maintaining the Licensed Patents.03

~~The~~Creation ~~Agreement will continue until the earlier~~ of ~~the~~a ~~Licensed~~Direct ~~Patents~~Financial ~~becoming~~Obligation ~~unenforceable~~ or ~~until~~an ~~certain~~Obligation ~~royalties,~~under ~~once~~an ~~begun,~~Off-Balance ~~have~~Sheet ~~ceased~~Arrangement ~~being~~of ~~paid~~a ~~for more than eight calendar quarters~~Registrant.

~~The~~See ~~description of~~ the ~~license~~discussion ~~set forth above does not purport to be complete and is qualified~~ in ~~its~~Item ~~entirety~~1.01 byabove ~~reference to the complete text of the Agreement itself, a copy of~~ which is ~~filed as Exhibit 10.1 to this report and~~ incorporated herein by reference.

A copy of our press release dated December 13, 2007 related to the execution of the Agreement is included as an exhibit to this report.

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Item 9.01

Financial Statements and Exhibits

(d)

Exhibits.

~~Exhibit~~A Nocopy of the lease agreement described in Item 1.01 above will be filed with our next Annual Report on Form 10-KSB.

Description

10.1

Exclusive License Agreement dated December 13, 2007, by and between Wisconsin Alumni Research Foundation and Enable IPC Corporation. Appendices on pages 12 through 15 have been excluded.

99.1

Press release dated December 13, 2007, issued by Enable IPC Corporation.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Dated: ~~December~~June 192, ~~2007~~2008

Enable IPC Corporation

By:

/s/ David A. Walker

David A. Walker

Chief Executive Officer

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