Abstract: A foldable holding device comprising an outer layer and an inner layer which is fixedly secured to the outer layer. The device is adjustably secured in a folded position by a self-contained adjustable strap assembly interposed between the inner and outer layers, where the strap assembly comprising a strap horizontally interposed between two semi-rigid members. The strap including an elastic and inelastic portion where one end of the elastic strap portion is coupled to the semi-rigid member and the other is coupled to the inelastic strap portion.