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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 CVkYJF19MVZuS+W6nHVucmyEM9YvsAyDArgvMEMbpMYLUHPVikrLQc3dXptsXTSg
 PzzTRqF8Vt7pdT13ujsKFg==

<SEC-DOCUMENT>0000908834-03-000401.txt : 20031003
<SEC-HEADER>0000908834-03-000401.hdr.sgml : 20031003
<ACCEPTANCE-DATETIME>20031003170459
ACCESSION NUMBER:		0000908834-03-000401
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031003
FILED AS OF DATE:		20031003

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			OSLER JEFFREY W
		CENTRAL INDEX KEY:			0001256199

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-17430
		FILM NUMBER:		03928430

	MAIL ADDRESS:	
		STREET 1:		111 MONUMENT CIRCLE
		STREET 2:		STE 4800
		CITY:			INDIANAPOLIS
		STATE:			IN
		ZIP:			46204

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OBSIDIAN ENTERPRISES INC
		CENTRAL INDEX KEY:			0000825521
		STANDARD INDUSTRIAL CLASSIFICATION:	SHEET METAL WORK [3444]
		IRS NUMBER:				133431486
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	BUSINESS ADDRESS:	
		STREET 1:		111 MONUMENT CIRCLE
		STREET 2:		SUITE 4800
		CITY:			INDIANAPOLIS
		STATE:			IN
		ZIP:			46204
		BUSINESS PHONE:		317-237-4122

	MAIL ADDRESS:	
		STREET 1:		111 MONUMENT CIRCLE
		STREET 2:		SUITE 4800
		CITY:			INDIANAPOLIS
		STATE:			IN
		ZIP:			46204

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DANZER CORP
		DATE OF NAME CHANGE:	19991008

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GLOBAL ENVIRONMENTAL CORP
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AFFILIATED NATIONAL INC
		DATE OF NAME CHANGE:	19890716
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-10-03</periodOfReport>
    <issuer>
        <issuerCik>0000825521</issuerCik>
        <issuerName>OBSIDIAN ENTERPRISES INC</issuerName>
        <issuerTradingSymbol>OBSD</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001256199</rptOwnerCik>
            <rptOwnerName>OSLER JEFFREY W</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>111 MONUMENT CIRCLE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 4800</rptOwnerStreet2>
            <rptOwnerCity>INDIANAPOLIS,</rptOwnerCity>
            <rptOwnerState>IN</rptOwnerState>
            <rptOwnerZipCode>46204</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>1</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther><officerTitle>Ex. VP, Sec. and Treas.</officerTitle></reportingOwnerRelationship></reportingOwner><derivativeTable><derivativeTransaction><securityTitle><value>Series D Preferred Stock</value></securityTitle><conversionOrExercisePrice><footnoteId id="F1"/></conversionOrExercisePrice><transactionDate><value>2003-10-03</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>P</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>14285</value></transactionShares><transactionPricePerShare><footnoteId id="F1"/></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><footnoteId id="F1"/></exerciseDate><expirationDate><footnoteId id="F1"/></expirationDate><underlyingSecurity><underlyingSecurityTitle><v
alue>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>2500000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>14285</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>I</value></directOrIndirectOwnership><natureOfOwnership><value>By limited partnership</value><footnoteId id="F2"/></natureOfOwnership></ownershipNature></derivativeTransaction></derivativeTable><footnotes><footnote id="F1">Each share of the Issuer's Series D Preferred Stock is convertible at the option of the holder into 175 shares of the Issuer's Common Stock. The purchase price for the 14,285 shares of Series D Preferred Stock was $250,000.</footnote><footnote id="F2">The shares were purchased by Obsidian Capital Partnership, L.P. (&quot;OCP&quot;). The Reporting Person is a managing member of the general partner of OCP and may be deemed to beneficially own shares held by OCP. T
he Reporting Person disclaims beneficial ownership of any securities held by OCP except to the extent of his pecuniary interest and this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.  </footnote></footnotes><remarks/><ownerSignature><signatureName>Jeffrey W. Osler</signatureName><signatureDate>2003-10-03</signatureDate></ownerSignature></ownershipDocument>

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