A locking buckle system having a locking work piece formed as a plate. The plate has at least a first pair of opposing channels. An elastomeric cord with a first portion of the elastomeric cord coupled to the plate. A second portion of the cord extends from the first portion and is stretched and held in tension and wrapped around one or more objects to form a bundle. A second portion of the cord is held in tension and compressed as it passes through a first channel in the plate. The elastomeric cord is stretched and forced to pass through a second of the first pair of opposing channels or through a first channel of the second opposing pair of channel. the remaining fourth portion of the elastomeric cord being forced to pass through a remaining unoccupied opposing channel.