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

                                 FORM 10-KSB/A

(Mark One)
[X]  ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
     1934

     For the fiscal year ended December 31, 2004

[ ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
     OF 1934

     For the transition period from ___________ to ___________

                         Commission file number: 0-29087

                                 DATASCENSION, INC.
                  --------------------------------------------
                 (Name of small business issuer in its charter)

        Nevada                                               87-0374623
------------------------                                   --------------
(State or other jurisdiction of                            (IRS Employer
incorporation  or  organization)                         Identification No.)

145 S. State College  Blvd, Suite 350, Brea CA               92821
-----------------------------------------------              ---------
    (Address of principal executive offices)                 (Zip Code)

                            714-482-9750 (Telephone)
                            714-482-9751 (Fax)
                             ----------------------
                           (Issuer's telephone number)

Securities registered under Section 12(b) of the Exchange Act: None

Securities registered under Section 12(g) of the Exchange Act:

                          Common Stock, par value $.001
                          -----------------------------
                                (Title of class)

      Check  whether  the  issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange  Act during the past 12 months (or for such
shorter period that the registrant was  required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days. Yes [X] No [
]

     Check if there is no disclosure of delinquent  filers  in response to Item
405 of Regulation S-B contained herein, and no disclosure will be contained, to
the  best  of  registrant's  knowledge,  in  definitive  proxy  or  information
statements  incorporated  by reference in Part III of this Form 10-KSB  or  any
amendment to this Form 10-KSB. [X]

     The issuer had revenues  of  $8,471,440 for the fiscal year ended December
31, 2004.


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<PAGE>

      Based on the average of the closing  bid and asked prices of the issuer's
common stock on December 31, 2004, the aggregate  market  value  of  the voting
stock held by non-affiliates of the registrant on that date was $10,320,842.

      As of  February 8, 2006,the issuer had 17,232,290 shares of common  stock
outstanding.

                      DOCUMENTS INCORPORATED BY REFERENCE

The Company's reports on Form 8-K dated November 23, 2004
The Company's report on Form 8-K dated November 4, 2004
The Company's report on Form 8-K dated October 22, 2004
The Company's report on Form 8-K dated June 21, 2004
The Company's report on Form 8-K dated March 24, 2004
The Company's report on Form 8-K dated February 19, 2004
The Company's report on Form 8-K dated January 26, 2004


     Transitional Small Business Disclosure Format (check one): Yes [ ] No [X]






                                       2
<PAGE>

                               TABLE OF CONTENTS

                                                                       Page No.

                                     PART I

Item 1.       Description of Business....................................     4

Item 2.       Description of Properties..................................    19

Item 3.       Legal Proceedings..........................................    19

Item 4.       Submission of Matters to a Vote of Security Holders........    20

                                     PART II

Item 5.       Market for Common Equity and Related Stockholder Matters ..    20

Item 6.       Management's Discussion and Analysis of Financial
              Condition or Plan of Operation.............................    23

Item 7.       Financial Statements.......................................   F-1

Item 8.       Changes in and Disagreements with Accountants
              on Accounting and Financial Disclosure.....................    32

Item 8A.      Controls and Procedures....................................    32

Item 8B.      Other Information..........................................    32


                                    PART III

Item 9.       Directors and Executive Officers of the Registrant.........    33

Item 10.      Executive Compensation.....................................    36

Item 11.      Security Ownership of Certain Beneficial Owners
              and Management and Related Stockholder Matters.............    40

Item 12.      Certain Relationships and Related Transactions.............    41

Item 13.      Exhibits and Reports on Form 8-K...........................    41

Item 14.      Principal Accountant Fees and Services.....................    45

Signatures    ...........................................................    45











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                                     PART I

Forward-Looking Statements

      This annual  report  contains  forward-looking  statements.  The forward-
looking statements include all statements that are not statements of historical
fact.   The forward-looking statements are often identifiable by their  use  of
words such  as  "may,"  "expect,"  "believe,"  "anticipate," "intend," "could,"
"estimate," or "continue," "Plans" or the negative or other variations of those
or  comparable  terms.   Our actual results could differ  materially  from  the
anticipated results described  in the forward-looking statements.  Factors that
could affect our results include,  but  are  not limited to, those discussed in
Item  6,  "Management's  Discussion and Analysis  or  Plan  of  Operation"  and
included elsewhere in this report.

ITEM 1.  DESCRIPTION OF BUSINESS.

Business Development

DSEN was incorporated under  the  laws  of  the  State of Nevada, on August 23,
1991,  under  the  name Swiss Technique, Inc.  The original  articles  of  DSEN
authorized the issuance  of  fifty  million (50,000,000) shares of common stock
with a par value of $0.001.  On August  23,  1991,  pursuant to Section 78.486,
Nevada  Revised Statutes as amended, DSEN filed with the  Nevada  Secretary  of
State articles  of  merger,  whereby  DSEN merged with Sun Investments, Inc., a
Utah corporation. On April 10, 1992, DSEN,  filed  an amendment to the articles
of  incorporation  authorizing  five million (5,000,000)  shares  of  Preferred
Stock, par value of $0.001, with  such rights, preferences and designations, to
be issued in such series as determined by the board of directors of DSEN.  DSEN
on March 3, 1995, changed its name  from  Swiss Technique, Inc., to Nutek, Inc.
On September 20, 1997, DSEN filed with the  Nevada Secretary of State a plan of
reorganization and agreement between itself and  International Licensing Group,
Inc., a Delaware Corporation.

On December 31, 2000, there were 45,188,132 outstanding  shares of Common Stock
issued  and  outstanding  and  793,500  shares  of  Preferred Stock  issued  or
outstanding.  The approval of the Articles of Amendment  requires  the  written
consent of the holders of a majority  of  the  outstanding shares of the Common
Stock, and each share of the Common Stock was entitled to one vote with respect
of  the  approval   of   the   Certificate  of  Amendment  of  the  Articles of
Incorporation.   By written consent  in  lieu  of  a  meeting,  stockholders of
22,842,754 shares of the Common Stock approved the corporate actions.

The Certificate of Amendment of the Articles of Incorporation was  approved  by
written  consent  on  January  9, 2001, at a special Company board of directors
meeting, and the Certificate of  Amendment of the Articles of Incorporation was
filed and accepted by the Nevada Secretary  of  State  not  to become effective
until February 19, 2001.

On February 19, 2001, deleting the existing ARTICLE IV and replacing  it in its
entirety with the following amendments amended the Articles of Incorporation:

     "ARTICLE  4:  Authorized Shares: The aggregate number of shares which  the
     corporation shall  have  authority  to  issue shall consist of two hundred
     million (200,000,000) shares of Common Stock having a $.001 par value, and
     twenty million (20,000,000) shares of Preferred  Stock  having a $.001 par
     value.   The Common and/or Preferred Stock of the Company  may  be  issued
     from time  to time without prior approval by the stockholders.  The Common

                                       4
<PAGE>
(cont)

     and/or Preferred  Stock  may  be  issued  for such consideration as may be
     fixed from time to time by the board of directors.  The Board of Directors
     may  issue such share of Common and/or Preferred  Stock  in  one  or  more
     series,  with  such voting powers, designations, preferences and rights or
     qualifications,  limitations or restrictions thereof as shall be stated in
     the resolution or resolutions."

This  amendment  to the Articles of incorporation has been duly adopted,  filed
and accepted by the  Nevada  Secretary  of  State  in  accordance  with General
Corporation Law of the State of Nevada.

On  December  24,  2003,  DSEN changed its name from Nutek Inc. to Datascension
Inc. ("DSEN").

DSEN currently has a single operational subsidiary, Datascension International,
Inc.  DSEN had four subsidiaries  which  were  disposed  of as follows: the non
operating entities, Kristi & Co, Inc. and SRC International  were  discontinued
and written down as of December 31, 2004.  Century Innovations, Inc  and  Nutek
Oil,  Inc  have  been spun off as separate operating entities which are managed
and operated by independent management.

Nutek Oil was disposed  of  by  issuing  a  dividend  of the shares held by the
parent company to the shareholders of the parent company.  The  stock  dividend
was  distributed  to  owners of DSEN's common stock as of the record date in  a
ratio of one share of dividend  stock in the subsidiary for every 500 shares of
common stock owned in Datascension, Inc.

Century Innovations was disposed of by issuing a dividend of the shares held by
the  parent company to the shareholders  of  the  parent  company.   The  stock
dividend was distributed to owners of DSEN's common stock as of the record date
in a ratio  of  one  share  of  dividend  stock in the subsidiary for every 300
shares of common stock owned in Datascension,  Inc.   DSEN  has distributed all
but 10% of its ownership in Century to Century as Treasury Stock  on  the books
of Century.  It will remain as Treasury Stock on the books of Century until the
effectiveness  of a Form 10 registration to be filed by Century.  Within  sixty
(60) days of the  Form  10's  effectiveness,  Century  will  work  with DSEN to
distribute the shares to the then current Datascension shareholders.

DSEN's mailing address is: 145 S. State College Blvd, Suite 350, Brea CA 92821.
The company phone number is 714-482-9750 and 714-482-9751 (fax). DSEN's website
can be found at www.datascension.com.

Present Business

Datascension International Inc., the remaining operating subsidiary  and  focus
of  DSEN,  conducts  telephone market research and provides data entry services
for third parties.

On July 2, 2001, the DSEN  acquired 100% of the issued and outstanding stock of
Datascension International.  Datascension International is a data gathering and
research company specializing  in  the  collection,  storage, and processing of
data.   Datascension  International  services  a  variety  of   industries  and
customers  (including  the hospitality, entertainment, and automotive  sectors)
with emphasis and commitment to customer service, quality assurance and on-time
project management.



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Principal Products, Services and Principal Markets.

Services

Telephone Interviewing (CATI or Paper):
Currently, Datascension's  CATI  telephone  facility  with  locations  in Brea,
California; Costa Rica and the Dominican Republic, contracts approximately  551
part-  and  full-time  telephone  interviewers,  many  of whom are bilingual in
Spanish  and English. Datascension uses integrated CATI and  automatic  dialing
systems which  results  in  quick  turnaround  and increased field capacity for
phone research projects.

Internet Data Collection:
Datascension contracts part- and full-time programming  staff  located in Costa
Rica, experienced in designing all types of web surveys, web panels,  and  data
collection sites.

Database Software:
Datascension database software allows the end-user to connect to Datascension's
system via the Internet to run reports and pull data.

Data Storage:
Datascension  provides  large  disk  storage  hardware  for short and long-term
document and file archive and retrieval.

Document Processing:
Datascension  has  developed an expertise in data value ensuring  the  greatest
care in document processing  services including clerical handling of documents,
coding, data entry, scanning and storage.

Data Reporting and Mining:
Datascension staff can program  banners  using  the  latest  version of Quantum
(SPSS)  tabulation  software. Datascension staff has experience  handling  most
types of data including ASCII, flat file, CSV, XML and many other formats.

In-bound Customer Service:
Datascension handles  customer  service  calls  which  cover a wide spectrum of
industries. Activities include on-line order booking to  technical  support for
client products and services.

Bilingual Interviewing:
Datascension  contracts  a number of bilingual interviewers who are trained  in
conducting research in both  Spanish  and English, which allows us to interview
our growing Hispanic and Latino audiences.

Major Clients

DSEN has three major clients, The National  Research  Group  and Roper ASW each
account  for  about  10%  of sales each year and Sandelman & Associates,  which
accounts for about 25% of sales each year.

All  of  DSEN`s  revenue  generated  is  from  our  Datascension  International
subsidiary,  with  about 85%  of  the  revenue  generated  from  our  telephone
interviewing business  line in the calendar year of 2003.  In 2004 about 92% of
the revenue is from the  telephone  interviewing business with approximately 6%
coming from the data services and programming division.


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<PAGE>

Customers are located through referrals  from existing customers and from leads
generated by our sales staff.

Not "telemarketing"

Our  business does not involve "telemarketing".   Telemarketing,  in  the  call
center  industry,  refers  to the marketing of goods and services by telephone.
We do not market goods or services  for clients, but instead conduct interviews
and  gather  information  from  interviewees.    As  a  result  the  government
regulation  of  the  "do  not  call  list" that has been  implemented  to  stop
unsolicited telemarketing does not affect  our industry and we are not bound to
comply by the Amended Telemarketing Sale Rule (TSR).

Who Must Comply with the Amended Telemarketing Sale Rule (TSR)?

The amended TSR regulates "telemarketing"- defined  in  the  Rule  as  "a plan,
program,  or  campaign  . . . to induce the purchase of goods or services or  a
charitable contribution"  involving  more  than  one interstate telephone call.
(The FCC regulates both intrastate and interstate  calling. More information is
available from www.fcc.gov.) With some important exceptions,  any businesses or
individuals that take part in "telemarketing" must comply with  the  Rule. This
is  true whether, as "telemarketers," they initiate or receive telephone  calls
to or  from  consumers,  or  as  "sellers,"  they provide, offer to provide, or
arrange to provide goods or services to consumers  in  exchange for payment. It
makes no difference whether a company makes or receives  calls  using  low-tech
equipment  or  the  newest  technology-such  as voice response units (VRUs) and
other automated systems. Similarly, it makes no  difference  whether  the calls
are  made from outside the United States; so long as they are made to consumers
in the  United  States,  those  making the calls, unless otherwise exempt, must
comply with the TSR's provisions.  If the calls are made to induce the purchase
of goods, services, or a charitable  contribution,  the  company is engaging in
"telemarketing."

Certain  sections  of  the  Rule apply to individuals or companies  other  than
"sellers"
or  "telemarketers"  if  these individuals  or  companies  provide  substantial
assistance or support to sellers  or  telemarketers.  The  Rule also applies to
individuals or companies that provide telemarketers with unauthorized access to
the credit card system.

Competition

The major competitors are as follows:

Datascension   International's   two  largest  competitors  are  both   private
companies.  The first is "Western Wats" and the second is "OAC" (Opinion Access
Research).

Western Wats:
Western Wats was founded in 1987.  Western  Wats  states  that their goal is to
keep  their  facility  small  in  order to maintain their desired  quality  and
flexibility. Western Wats has 850 Web-enabled  CATI stations in 11 interviewing
facilities  throughout the Intermountain West.  Western  Wats  is  the  largest
privately owned  data  collection  outfit  in  the United States. The company's
website is `www.westernwats.com'.

OAC (Opinion Access Research):
Opinion Access Research is located in Long Island  City, New York.  The company
provides telephone interviewing, tabulating, coding,  data  entry  and printing
services to companies performing market research activities. OAC states their

                                       7
<PAGE>
(cont)

strongest  asset  is  their  use  of  Computer  Assisted Telephone Interviewing
(CATI), predictive dialing, and their ability for  remote  monitoring.   On  an
annual  basis  OAC  completes over 500,000 telephone interviews.  The company's
website is `http://www.opinionaccess.com'.

Patents and Trademarks

DSEN has developed DataScan, a suite of proprietary reports for market research
survey project accountability. DataScan consists of more than a dozen different
reports that provide  the  ability  to  monitor  in  real  time  the  effective
incidence,  job  completes, production and other data by call center supervisor
group and employee.

Datascension has implemented  several  of  the preliminary versions of DataScan
reports with its customers and has received  tremendous  feedback. Datascension
provides  clients with numerous reports, while additional proprietary  DataScan
reports  are   only   used  by  Datascension  management  to  enable  proactive
adjustments as needed.

Datascension's technology  enables real-time monitoring of employees conducting
the  interviews  by  Datascension   management   or  clients  via  an  Internet
connection. Datascension's DataScan reports capture  the  data  from this real-
time  monitoring  and  distill  it  into  multiple reporting formats to  enable
clients to analyze specific aspects of the project.

DataScan reports allow management to monitor an employee in real time no matter
from which location they are operating from.  With  such detailed and immediate
reporting capabilities, DSEN is better able to ensure  the  accuracy of results
on clients' research programs.

Need for any government approval of principal products or services.

Datascension International does not require governmental approval to operate in
any of its locations.

Effect of existing or probable governmental regulations on the business

There are no existing or probable government regulations that  have or may have
an affect on our business.

Research and Development Plan

None

Employees/Contract workers

DSEN  currently  has  both  employees  and contracted help.  The employees  are
located domestically and the contract workers  are located internationally.  In
total we have five hundred and fifty one (551) individuals working for DSEN, of
which as of December 31, 2004 four (4) were Officers and 60 are full-time.   As
DSEN  continues  to grow and offer additional services  and  retain  additional
clients, it will need  to  add  both full-time and part-time employees/contract
workers.



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Risks Relating to our Business:

1.  Efforts to expand operations  through developing new services, features and
functions may drain capital resources if not successful

       There  can  be  no assurance that  DSEN  will  be  able  to  expand  its
operations in a cost-effective  or timely manner or that any such efforts would
maintain or increase overall market value and acceptance.  Furthermore, any new
business launched by DSEN that is  not  favorably  received  by consumers could
drain DSEN of needed capital, damage DSEN's reputation and diminish  the  value
of its brand name.

       Expansion of DSEN's operations would require significant expenditure for
development, operation setup, and training of DSEN's management, financial  and
operational  resources.   Any  lack  of market acceptance of DSEN's products or
services would result in the inability to generate satisfactory revenues and to
offset its costs of the expansion, which  could  have a material adverse effect
on DSEN's results of operations and financial condition.

2.  Efforts to establish brand identity is costly  and failure to succeed could
adversely affect DSEN's ability to grow.

       DSEN  believes that establishing and maintaining  brand  identity  is  a
critical aspect  of  its  efforts to attract new customers. In order to attract
new customers, advertisers and commerce vendors, and in response to competitive
pressures, DSEN intends to make a commitment to the creation and maintenance of
brand loyalty among these groups.   DSEN plans to accomplish this, although not
exclusively, through advertising its  products  and  services  through  its Web
site, through the various search engines, through other Web sites and marketing
its  site  to  businesses  and  customers  through  e-mail, online media, trade
publications, trade shows and other marketing and promotional efforts.

       There  can be no assurance that brand promotion  activities  will  yield
increased revenues or that any such revenues would offset the expenses incurred
by DSEN  in building  its  brands.   If  DSEN fails to promote and maintain its
brand or incurs substantial expenses in an  attempt to promote and maintain its
brand  or DSEN's existing or future strategic  relationships  fail  to  promote
DSEN's  brand   or  increase  brand  awareness,  DSEN's  business,  results  of
operations and financial condition would be materially adversely affected.

3.  Our clients may  adopt  technologies  that  decrease  the  demand  for  our
services, which could reduce our revenues and seriously harm our business.

       We  target clients with a high need for our market research services and
we depend on their continued need of our services, especially our major clients
who generate  the substantial majority of our revenues. However, over time, our
clients may adopt  new  technologies  that  decrease the need for live customer
interaction, such as interactive voice response,  web-based  research and other
technologies used to automate interactions with interviewers.  The  adoption of
such  technologies  could  reduce  the  demand  for our services, pressure  our
pricing, cause a reduction in our revenues and harm our business.

4.   We serve markets that are highly competitive  and  we  may  be  unable  to
compete with businesses that have greater resources than we do.

       We currently face significant competition for outsourced market research
services  and  expect  that  competition  will  increase.  We  believe that, in
addition  to  prices,  the  principal  competitive  factors in our markets  are
service quality and

                                       9
<PAGE>
(cont)

interviewing   skills,   the   ability  to  develop  customized   designs   and
technological and industry expertise.  While  numerous companies provide market
research services, we believe our principal competitors  include  our  clients'
own in-house market research groups, including, in some cases, in-house  groups
operating  offshore,  offshore outsourcing companies and U.S.-based outsourcing
companies. The trend toward  offshore  outsourcing,  international expansion by
foreign  and  domestic  competitors and continuing technological  changes  will
result in new and different competitors entering our markets. These competitors
may  include  entrants  from  the  communications  industries  or  entrants  in
geographic locations with lower costs than those in which we operate.

       Additionally, the  market  for  customer  contact  services  and  market
research is highly fragmented and very competitive.  In certain segments of the
industry, however, the customer contact services and market research industries
have  begun  to  experience  a  degree of consolidation, and the development of
major customer contact center companies  has resulted in an additional level of
competition from service providers that have  greater  name recognition, larger
installed customer bases, and significantly greater financial,  technical,  and
marketing  resources  than  we  have.   Large  established  enterprise software
companies may leverage their existing relationships and capabilities  to  offer
customer  service  applications.   In  other  instances,  many  large companies
provide their own in-house customer care support and customer training.   Also,
a  number  of  existing  companies  have experienced rapid internal growth, and
several  of these companies have been  active  in  acquiring  smaller  regional
customer contact  services  and  call  center  companies and are becoming major
competitors with a measurable share of this rapidly  expanding  market.  If our
competitors  provide  more  efficient or less expensive services, we  may  lose
market share and revenues.

       Lastly, many of our existing  competitors  and  possibly  potential  new
competitors, have or may have greater financial, personnel and other resources,
longer  operating  histories,  more  technological expertise, more recognizable
brand names and more established relationships  in industries that we currently
serve  or  may  serve in the future. Increased competition,  our  inability  to
compete successfully  against  current or future competitors, pricing pressures
or loss of market share could result  in  increased costs and reduced operating
margins, which could harm our business, operating  results, financial condition
and future prospects.

5.  Many of our contracts can be terminated by our clients  on short notice and
in  many  cases  without  penalty.  We  also  generally  do not have  exclusive
arrangements with our clients or a minimum revenue commitment from our clients,
which creates uncertainty about the volume of services we  will provide and the
amount of revenues we will generate from any of our clients.

       We  typically  enter into written agreements with each  client  for  our
services. We seek to sign  multi-year  contracts  with our clients, but many of
our contracts permit our clients to terminate the contracts  upon short notice.
The volume and type of services we perform for specific clients  may  vary from
year  to  year,  particularly  since  in  many  cases  we are not the exclusive
provider of outsourcing services to our clients. A client  in  one year may not
provide  the same level of revenues in a subsequent year. Many of  our  clients
may terminate their contracts with us before their expiration with no penalties
or limited penalties.

       Many of our clients could terminate their relationship with us or reduce
their demand  for  our  services due to a variety of factors, including factors
that are unpredictable and outside of our control. The services we provide to a
client

                                      10
<PAGE>
(cont)
could be reduced if the client were to change its outsourcing strategy. Clients
may move more market research  functions in-house, to an affiliated outsourcing
provider  or  to  one  of  our competitors.  Clients  may  reduce  spending  on
outsourcing  services  due  to   changing   economic  conditions  or  financial
challenges or political or public relations pressures  to  reduce  or eliminate
offshore  outsourcing  of business processes. If our clients are not successful
or if they experience any  significant decrease in their businesses, the amount
of business they outsource and the prices that they are willing to pay for such
services may be diminished and  likely would result in reduced revenues for us.
Any reduction in revenues would harm  our business, negatively affect operating
results and may lead to a decline in the price of our common stock.

6.  We have a limited operating history  and  our business and future prospects
are difficult to evaluate.

       Due to our limited operating history, especially  in Costa Rica where we
consolidated  our market research operations in 2002, our business  and  future
prospects are difficult  to evaluate. We are exploring opportunities to provide
other outsourced services  that  we  have  not  provided  to  date.  You should
consider  the  challenges,  risks  and uncertainties frequently encountered  by
early-stage  companies  using  new and  unproven  business  models  in  rapidly
evolving markets. These challenges include our ability to:

       - attract and retain clients;

       -   attract   and  retain  key   personnel   and   customer   management
	professionals;

       -  generate  sufficient   revenues   and   manage   costs   to  maintain
	profitability;

       - manage growth in our operations; and

       - access additional capital when required and on reasonable terms.

7.   Our  operating  results  may  fluctuate significantly and could cause  the
market price of our common stock to fall rapidly and without notice.

       Our revenues and operating results  are  difficult  to  predict  and may
fluctuate  significantly  from  quarter  to quarter due to a number of factors,
including:

       - the addition or loss of a major client  and  the  volume  of  services
       provided to our major clients;

       -   the  extent  to  which  our  services  achieve  or  maintain  market
       acceptance,  which  may  be  affected  by political and public relations
       reactions to offshore outsourcing;

       - our ability to introduce new or enhanced  services to our existing and
       prospective clients and to attract and retain new clients;

       - long sales cycles and fluctuations in sales cycles;

       -  the  extent  to  which  we  incur  expenses  in  a  given  period  in
       anticipation  of increased demand in future periods and  the  extent  to
       which that demand materializes;

       - changes in our  pricing  policies or those of our competitors, as well
       as increased price competition in general;
                                       11
<PAGE>
(cont)

       - variation in demand for our  services  and the services or products of
       our major clients, particularly clients in  the  travel  and hospitality
       industry; and

       -  the  introduction  of  new  or  enhanced services by other outsourced
       service providers.

       Results of operations in any quarterly  period  should not be considered
indicative of the results to be expected for any future  period.  In  addition,
our  future  quarterly  operating  results  may  fluctuate and may not meet the
expectations of securities analysts or investors.  If  this occurs, the trading
price  of our common stock could fall substantially, either  suddenly  or  over
time.

8.  If we fail to manage our growth effectively, our business may not succeed.

       We  have  expanded  significantly  since  our  formation  and  intend to
maintain  our  growth  focus.  However,  our  growth  will place demands on our
resources  and  we  cannot be sure that we will be able to  manage  our  growth
effectively. In order to manage our growth successfully, we must:

       - maintain the  hiring,  training and management necessary to ensure the
       quality and responsiveness of our services;

       - expand and enhance our administrative  and  technical  infrastructure,
       facilities and capacities to accommodate increased call volume and other
       customer management demands; and

       - continue to improve our management, financial and information  systems
       and controls.

       Continued growth could place a strain on our management, operations  and
financial  resources.  Our  infrastructure, facilities and personnel may not be
adequate to support our future  operations  or  to  adapt effectively to future
growth.  As  a  result, we may be unable to manage our growth  effectively,  in
which case our operating costs may increase at a faster rate than the growth in
our revenues, our margins may decline and we may incur losses.

9.  We may experience  significant employee turnover rates in the future and we
may be unable to hire and  retain  enough  sufficiently  trained  employees  to
support our operations, which could harm our business.

       The market research outsourcing industry is very labor intensive and our
success depends on our ability to attract, hire and retain qualified employees.
We  compete for qualified personnel with companies in our industry and in other
industries  and this competition is increasing in Costa Rica as the outsourcing
industry expands.  Our  growth  requires that we continually hire and train new
personnel. The outsourcing industry, including the customer management services
industry, has traditionally experienced  high  employee turnover. A significant
increase in the turnover rate among our employees would increase our recruiting
and  training  costs and decrease operating efficiency  and  productivity,  and
could lead to a  decline  in demand for our services. If this were to occur, we
would be unable to service  our  clients  effectively and this would reduce our
ability to continue our growth and operate  profitably.  We  may  be  unable to
continue  to  recruit,  hire,  train  and  retain  a  sufficient labor force of
qualified employees to execute our growth strategy or meet  the  needs  of  our
business.


                                      12
<PAGE>

10.   Our  senior management team is important to our continued success and the
loss of members of senior management could negatively affect our operations.

       The loss  of  the  services of Scott Kincer, our Chief Executive Officer
and Principal Accounting Officer  or Joseph Harmon, our Vice President of Sales
and Marketing, could seriously impair  our  ability  to  continue to manage and
expand  our  business.  Our  success  depends  on  the  continued  service  and
performance of our executive officers, and we cannot guarantee  that we will be
able to retain these individuals.

11.   Our  facilities  are  at risk of damage by earthquakes and other  natural
disasters.

       We currently rely on the  availability and condition of our leased Costa
Rican and Dominican Republic facilities  to  provide service and support to our
clients.  These  facilities  are located in regions  that  are  susceptible  to
earthquakes  and other natural  disasters,  which  may  increase  the  risk  of
disruption of  information systems and telephone service for sustained periods.
Damage or destruction  that  interrupts  our  provision of outsourcing services
could  damage our relationship with our clients  and  may  cause  us  to  incur
substantial  additional  expense  to  repair  or  replace  damaged equipment or
facilities.  While  we  currently  have  commercial  liability  insurance,  our
insurance  coverage  may  not be sufficient. Furthermore, we may be  unable  to
secure such insurance coverage or to secure such insurance coverage at premiums
acceptable to us in the future.  Prolonged  disruption  of  our  services  as a
result  of  natural  disasters  may  entitle  our  clients  to  terminate their
contracts with us.

13.    Our  operations  could  suffer  from  telecommunications  or  technology
downtime, disruptions or increased costs.

       We are highly dependent on our computer and telecommunications equipment
and software  systems. In the normal course of our business, we must record and
process significant  amounts of data quickly and accurately to access, maintain
and expand the databases  we  use  for  our  services. We are also dependent on
continuous availability of voice and electronic  communication  with customers.
If  we  experience  interruptions  of our telecommunications network  with  our
clients,  we  may  experience data loss  or  a  reduction  in  revenues.  These
disruptions could be  the  result  of  errors  by our vendors, clients or third
parties,  electronic  or physical attacks by persons  seeking  to  disrupt  our
operations, or the operations  of our vendors, clients or others. A significant
interruption of service could have  a  negative  impact  on  our reputation and
could  lead  our  present  and  potential clients not to use our services.  The
temporary  or  permanent  loss of equipment  or  systems  through  casualty  or
operating malfunction could reduce our revenues and harm our business.

14.  Our customer base is concentrated  and  the loss of one or more of our key
customers would harm our business.

       Historically,  a  majority  of our sales have  been  to  relatively  few
customers. We expect that sales to relatively  few  customers  will continue to
account  for  a  significant  percentage  of  our net sales for the foreseeable
future. The loss of, or any reduction in interview  hours  from,  a significant
customer would harm our business.

       We  derived  approximately  38.6%  of  our  total net revenues from  two
clients  in  fiscal  2003.  For the year ended December  31,  2004  we  derived
approximately 45% of our total  net  revenues from our top three clients. If we
were to lose, or if


                                      13
<PAGE>
(cont)

there were a material reduction in business  from  these  clients  or our other
significant clients, our net revenues might decline substantially.

       Our  ten  largest  clients accounted for $5.45 million, or approximately
77%, of our total net revenues for 2003.  Our ten largest clients accounted for
$6.1 million, or approximately  72%,  of  our  total  net revenues for the year
ended December 31, 2004. If we lose business from any of  our  top ten clients,
our net revenues may decline substantially.

15.   We  could  cause  disruptions  to  our  clients' business from inadequate
service, and our insurance coverage may be inadequate to cover this risk.

       Most  of  our  contracts  with  our clients contain  service  level  and
performance requirements, including requirements  relating  to  the  timing and
quality  of responses to market research. Failures to meet service requirements
of a client  could  disrupt  the client's business and result in a reduction in
revenues or a claim for damages against us. For example, some of our agreements
have standards for service that,  if not met by us, result in lower payments to
us. In addition, because many of our  projects  are  business-critical projects
for our clients, a failure or inability to meet a client's  expectations  could
seriously damage our reputation and affect our ability to attract new business.
Under our contracts with our major clients and many of our contracts with other
clients,  our  liability  for breaching our obligations is generally limited to
actual damages up to a portion  of  the fees paid to us. To the extent that our
contracts contain limitations on liability, such contracts may be unenforceable
or otherwise may not protect us from  liability  for damages. While we maintain
general liability insurance coverage, this coverage  may be inadequate to cover
one or more large claims, and our insurer may deny coverage.

16.  Unauthorized disclosure of sensitive or confidential  client  and customer
data, whether through breach of our computer systems or otherwise, could expose
us to protracted and costly litigation and cause us to lose clients.

       We  are  typically  required  to  collect  and  store sensitive data  in
connection  with our services, including names, addresses  and  other  personal
information.  If  any  person,  including  any of our employees, penetrates our
network  security or otherwise misappropriates  sensitive  data,  we  could  be
subject to  liability  for  breaching contractual confidentiality provisions or
privacy laws. Penetration of  the network security of our data bases could have
a negative impact on our reputation  and  could  lead our present and potential
clients to choose other service providers.

17.  We may choose to expand operations outside of  Costa Rica or the Dominican
Republic and may not be successful.

       We may consider expanding to countries other than  Costa  Rica  and  the
Dominican  Republic.  We  cannot  predict  the  extent  of  government support,
availability of qualified workers, or monetary and economic conditions in other
countries.  Although  some  of  these  factors  may  influence our decision  to
establish operations in another country, there are inherent  risks  beyond  our
control,  including exposure to currency fluctuations, political uncertainties,
foreign exchange  restrictions and foreign regulatory restrictions. One or more
of these factors or  other  factors  relating to international operations could
result in increased operating expenses  and  make  it  more difficult for us to
manage our costs and operations, which could harm our business  and  negatively
impact our operating results.

                                      14
<PAGE>

18.   We  are  subject  to  extensive  laws and regulation that could limit  or
restrict our activities and impose financial requirements or limitations on the
conduct of our business.

       The market research and call center  industry  has  become subject to an
increasing  amount  of  federal  and state regulation in the past  five  years.
Despite our focus on outbound market  research and a lesser extent inbound call
handling, we are subject to regulations governing communications with consumers
due  to  the activities we undertake on behalf  of  our  clients  to  encourage
customers  to  provide  sensitive  personal  information  about themselves. For
example,  limits on the transport of personal information across  international
borders such  as  those  now  in  place  in  the  European  Union (and proposed
elsewhere) may limit our ability to obtain customer data.

       Additional  federal,  state,  local  or  international  legislation,  or
changes  in  regulatory  implementation, could further limit our activities  or
those of our clients in the  future  or  significantly  increase  the  cost  of
regulatory compliance.

19.   Our  ability  to  raise capital in the future, if and when needed, may be
limited, and could prevent us from executing our business strategy. The sale of
additional  equity  securities   would   result  in  further  dilution  to  our
stockholders.

       We  believe  that  our  existing  cash  and  cash  equivalents  will  be
sufficient to support our anticipated cash needs  through  2005.   However, the
timing  and  amount of our working capital and capital expenditure requirements
may vary significantly depending on numerous factors, including:

      - market  acceptance  of  and demand for our offshore outsourced services
       which may be affected by political  and  public  relations  reactions to
       offshore outsourcing;

      -  access  to  and  availability  of  sufficient  management,  technical,
       marketing and financial personnel;

      - the need to enhance our operating infrastructure;

      -  the  continued  development  of  new  or  enhanced services and hosted
       designs;

      - the need to adapt to changing technologies and technical requirements;

      - the existence of opportunities to acquire businesses  or  technologies,
       or opportunities for expansion; and

      - increased competition and competitive pressures.

       If  our  capital  resources  are  insufficient  to satisfy our liquidity
requirements,  we  may  seek  to sell additional equity or debt  securities  or
obtain  other debt financing. The  sale  of  additional  equity  securities  or
convertible  debt  securities  would  result  in  additional  dilution  to  our
stockholders.  Additional  debt  would  result  in increased expenses and could
result in covenants that restrict our operations.  We  may  be unable to secure
financing in sufficient amounts or on terms acceptable to us,  if  at  all,  in
which  case  we may not have the funds necessary to finance our ongoing capital
requirements or execute our business strategy.





                                      15
<PAGE>

Risks Related to Doing Business Offshore

1.  We may face  wage  inflation  and  additional  competition offshore for our
professionals,  which  could  increase the cost of qualified  workers  and  the
amount of worker turnover.

       Fees for our contract workers  offshore  could increase at a faster rate
than for U.S. employees, which could result in increased  costs  to  employ our
outsourcing  center professionals. We also are faced with competition in  Costa
Rica for outsourcing  center  professionals,  and we expect this competition to
increase as additional outsourcing companies enter  the market and expand their
operations.  In  particular,  there  may be limited availability  of  qualified
interviewers and both middle and upper management candidates. We have benefited
from an excess of supply over demand for  college  graduates  in Costa Rica. If
this favorable imbalance changes due to increased competition,  it could affect
the  availability or cost of qualified professionals, who are critical  to  our
performance. This could increase our costs and turnover rates.

Risks Relating to our Industry

1.   The   marketing  research  industry  is  vulnerable  to  general  economic
conditions, which may affect our revenues.

       Many  of  the  companies served by our clients treat all or a portion of
their marketing research  expenditures  as  discretionary.  As general economic
conditions worsen and these companies seek to control variable  costs, research
projects  for  which  we  have  been engaged to collect data may be delayed  or
cancelled, and new project bookings  may slow. As a result, our growth rate and
revenues may decline.

Risks Relating To Our Current Financing Arrangement

1.  The Continuously Adjustable Conversion  Price  Feature  of  Our Convertible
Notes could Require Us to Issue a Substantially Greater Number of Shares, Which
Will Cause Dilution to Our Existing Stockholders.

       There are a large number of shares underlying the convertible  note  and
warrants in this offering that may be available for future sale and the sale of
these  shares may depress the market price of DSEN's common stock and may cause
substantial dilution to DSEN's existing stockholders.

       The  number  of  shares  of common stock issuable upon conversion of the
convertible note in this offering  may  increase  if the market price of DSEN's
stock declines. All of the shares, including all of  the  shares  issuable upon
conversion  of  the notes and debentures and upon exercise of DSEN's  warrants,
may be sold without  restriction. The sale of these shares may adversely affect
the market price of DSEN's common stock. The issuance of shares upon conversion
of the convertible notes  and  debentures  and exercise of outstanding warrants
will  also  cause  immediate  and  substantial  dilution   to  DSEN's  existing
stockholders and may make it difficult to obtain additional capital.

       In  addition,  our  obligation  to issue shares upon conversion  of  our
convertible notes is essentially limitless. The following gives examples of the
number of shares that would be issued if the $1,875,000 of convertible notes in
this offering were converted at one time  at  prices representing 25%, 50%, and
75% below the current market price (assuming a  conversion  price  to  the note
holders  of  $0.30).   As  of December 31, 2004, we had 16,257,290 (post-split)
shares of common stock outstanding.

                                      16
<PAGE>

              Price                        Number         % of
  % Below     Per        With Discount      of Shares     Outstanding
  Market      Share      at 15%            Issuable       Stock

    25%       $0.225     $0.191            9,816,754      60%
    50%       $0.15      $0.1275            14,705,882    90%
    75%       $0.075     $0.06375           29,411,764    181%

2.  Our ability to raise capital  in  the  future  is restricted by our current
financing arrangement.

       For  a  period  of  time,  DSEN will not be able to  issue  any  equity,
convertible debt or other securities convertible into common stock or equity of
DSEN without the prior written consent  of  the  current  note  holders,  which
consent  may  be  withheld for any reason.  The time frame is the sooner of (i)
the registration statement  shall  have  been  current and available for use in
connection with the public resale of DSEN's common  shares  and  warrant shares
being  registered  in  this  document,  for 365 days, (ii) until all of  DSEN's
shares being registered in this document have been resold or transferred by the
note  holders pursuant to this registration  statement  or  Rule  144,  without
regard  to  volume  limitations,  or (iii) the date the current notes have been
fully paid.

Risks Relating to our Stock:

1.  The overhang affect from the resale  of the selling shareholders securities
on the market could result in lower stock prices when converted

       Overhang can translate into a potential  decrease in DSEN's market price
per  share.   The  common  stock underlying unconverted  debentures  represents
overhang.  These debentures  are  converted  into common stock at a discount to
the market price providing the debenture holder  the ability to sell his or her
stock at or below market and still make a profit,  which  is  incentive for the
holder  to sell the shares as quickly as possible to ensure as much  profit  as
possible  in case the stock price falls.  If the share volume cannot absorb the
discounted  shares, DSEN's market price per share will likely decrease.  As the
market price  decreases,  each  subsequent  conversion  will  require  a larger
quantity of shares.

2.   Short  selling  common  stock  by warrant and convertible note holders may
drive down the market price of DSEN's stock.

       The warrant and convertible note  holders  may  sell  shares  of  DSEN's
common  stock  on  the  market  before exercising the warrant or converting the
notes.  The stock is usually offered  at  or below market since the warrant and
debenture holders receive stock at a discount  to  market.   Once  the  sale is
completed  the holders exercise or convert a like dollar amount of shares.   If
the stock sale  lowered  the  market  price,  upon  exercise or conversion, the
holders would receive a greater number of shares then  they  would  have absent
the short sale. This pattern may result in the spiraling down of DSEN's stock's
market price.

3.   DSEN's common stock is subject to the "Penny Stock" rules of the  SEC  and
the trading market in DSEN's securities is limited, which makes transactions in
DSEN's  stock  cumbersome  and  may reduce the value of an investment in DSEN's
stock.

       DSEN's shares of Common Stock  are  "penny  stocks"  as  defined  in the
Exchange  Act,  which  are  quoted  in  the  over the counter market on the OTC
Bulletin Board.  As a result, an investor may find it more difficult to dispose
of or obtain accurate quotations as to the price  of  the  shares of the Common
Stock being registered

                                      17
<PAGE>
(cont)

hereby.  In addition, the "penny stock" rules adopted by the  Commission  under
the  Exchange Act subject the sale of the shares of the Common Stock to certain
regulations  which  impose  sales practice requirements on broker dealers.  For
example, broker dealers selling  such  securities  must, prior to effecting the
transaction, provide their customers with a document  that  discloses the risks
of investing in such securities.  Included in this document are the following:

      - The bid and offer price quotes for the penny stock, and  the  number of
        shares to which the quoted prices apply.
      - The brokerage firm's compensation for the trade.
      - The compensation received by the brokerages firm's salesperson  for the
        trade.

In addition, the brokerage firm must send the investor:

      -  Monthly account statement that gives an estimate of the value of  each
       penny stock in your account.
      - A written statement of your financial situation and investment goals.

Legal remedies, which may be available to you, are as follows:

      - If  penny  stocks  are  sold  to you in violation of your rights listed
        above, or other federal or state  securities  laws,  you may be able to
        cancel your purchase and get your money back.
      - If the stocks are sold in a fraudulent manner, you may  be  able to sue
        the persons and firms that caused the fraud for damages.
      - If you have signed an arbitration agreement, however, you may  have  to
        pursue your claim through arbitration.

       If  the  person  purchasing  the  securities  is  someone  other than an
accredited investor or an established customer of the broker dealer, the broker
dealer  must  also  approve  the  potential  customer's  account  by  obtaining
information   concerning   the   customer's   financial  situation,  investment
experience  and investment objectives.  The broker  dealer  must  also  make  a
determination  whether the transaction is suitable for the customer and whether
the customer has sufficient knowledge and experience in financial matters to be
reasonably expected  to  be  capable  of evaluating the risk of transactions in
such securities.  Accordingly, the Commission's  rules  may limit the number of
potential purchasers of the shares of the Common Stock.

4.  Resale restrictions on transferring "penny stocks" are sometimes imposed by
some states, which may make transactions in our stock cumbersome and may reduce
the value of an investment in our stock.

       Various state securities laws impose restrictions on transferring "penny
stocks" and as a result, investors in the Common Stock may  have  their ability
to  sell  their  shares  of  the Common Stock impaired.  For example, the  Utah
Securities Commission prohibits  brokers  from  soliciting  buyers  for  "penny
stocks", which makes selling them more difficult.

5.   DSEN's absence of dividends or the ability to pay them places a limitation
on any investors return.

       DSEN  anticipates  that  for  the  foreseeable  future, earnings will be
retained  for  the  development of its business.  Accordingly,  DSEN  does  not
anticipate paying dividends on the common stock in the foreseeable future.  The
payment of future

                                      18
<PAGE>
(cont)

dividends will be at  the sole discretion of DSEN's Board of Directors and will
depend on DSEN's general business condition.

6.  The market price for our common stock may be volatile, making an investment
in DSEN risky.

       The market price for our common stock has been and is likely to continue
to be highly volatile and  subject  to wide fluctuations in response to factors
including the following:

      -  actual or anticipated fluctuations in our quarterly operating results,
      -  announcements of new services by us or our competitors,
      -  changes in the economic performance  or  market  valuations  of  other
        companies involved in call center services or
         market research services,
      -  announcements  by  our  competitors  of  significant acquisitions, new
        strategic allainaces, joint ventures or capital
         commitments,
      -  additions or departures of key personnel,
      -  potential litigation,  or
      -  economic conditions in the outsourced call center market.


ITEM 2.  DESCRIPTION OF PROPERTY.

      The address of the principal office is:  145 S. State College Blvd, Suite
350 Brea California 92821.

DSEN leases 5,102 square feet of office space at 145  S.  State  College  Blvd,
Suite  350  Brea  California 92821 with aggregate monthly rent of approximately
$8,724.  Combined rent  recorded during 2004 and 2003 respectfully was $165,894
and $165,894.

      The address of the  Costa  Rica  facility  is:  Datascension, SA Mall San
Pedro Ofimall, San Jose, Costa Rica. This office is approximately 30,000 square
with an aggregate monthly rental of $30,000.  The facility is leased on a month
to month basis.

      The address of the Dominican Republic facility is:  Datascension, SA Zona
Franca de San Isidro Carretera Base Aerea San Isidro km 17  apartado  916 Santo
Domingo  Este,  Dominican  Republic.  This office is approximately 5,000 square
feet with an aggregate monthly rental of  $5,000.   The facility is leased on a
month to month basis.

      We feel the current locations we use are suitable,  adequate, and in good
condition for our current as well as for our future operations and business.

ITEM 3.  LEGAL PROCEEDINGS.

      DSEN is from time to time involved in litigation incident  to the conduct
of its business.  Certain litigation with third parties and present  and former
employees  of  DSEN  is  routine and incidental, such litigation can result  in
large monetary awards for compensatory or punitive damages.

      DSEN is not a party to any pending material legal proceeding. To the



                                      19
<PAGE>
(cont)

knowledge of management, no  federal,  state  or  local  governmental agency is
presently  contemplating  any  proceeding  against  DSEN. To the  knowledge  of
management, no director, executive officer or affiliate  of  DSEN, any owner of
record  or  beneficially  of  more than 5% of DSEN's common stock  is  a  party
adverse to DSEN or has a material interest adverse to DSEN in any proceeding.

      All litigation DSEN was involved  with  in  2004 has either been settled,
withdrawn or dismissed.

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

      No matters were submitted to a vote of security holders during the fourth
quarter of the fiscal year ended December 31, 2004.

                                PART II

ITEM 5.  MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS.

Market Information

      The DSEN's Common Stock is traded on the OTC Bulletin Board (OTCBB) under
the  symbol  "DSEN".  The  following  table sets forth the  high  and  low  bid
quotations for the Common Stock for the  periods  indicated.   These quotations
reflect prices between dealers, do not include retail mark-ups,  markdowns, and
commissions  and may not necessarily represent actual transactions.  These  bid
quotations have not been adjusted retroactively by any stock split.

      Period                            High       Low

      Calendar Year 2003

      March 31, 2003                     0.80      0.40
      June 30, 2003                      1.10      0.40
      September 30, 2003                 1.00      0.70
      December 31, 2003                  0.90      0.60

      Calendar Year 2004

      March 31, 2004                     2.50      0.60
      June 30, 2004                      1.20      0.50
      September 30, 2004                 0.60      0.40
      December 31, 2004                  0.90      0.35

      *All prices have been adjusted to reflect the 10 to one reverse split.

      These quotations  were obtained from Commodity Systems, Inc. (CSI) and do
not necessarily reflect actual  transactions,  retail  mark-ups,  mark-downs or
commissions. The transactions include inter-dealer transactions.

      These  quotations  reflect  inter dealer prices, without retail  mark-up,
markdown or commission, and may not  necessarily represent actual transactions.
These bid quotations have not been adjusted retroactively by any stock split.





                                      20
<PAGE>

Shareholders of Record and Outstanding Shares

      The authorized capital stock of  DSEN  consists  of 200,000,000 shares of
common stock with a par value of $.001 and 20,000,000 shares of preferred stock
at a par value of $.001.

      As of December 31, 2004, DSEN had sixteen million  three  hundred  eighty
two  thousand  two  hundred  ninety  (16,382,290) shares of its $.001 par value
common voting stock issued and outstanding  which are held by seven hundred and
nineteen  (719) shareholders of record.  There  are  506,400  preferred  shares
issued and outstanding as of December 31, 2004.

Dividends

      DSEN  has  not  paid  any  dividends  to  date.  In addition, it does not
anticipate paying dividends in the immediate foreseeable  future.  The Board of
Directors  of  DSEN  will  review  its  dividend policy from time  to  time  to
determine the desirability and feasibility  of  paying  dividends  after giving
consideration to DSEN's earnings, financial condition, capital requirements and
such other factors as the board may deem relevant.

Reverse Split

      On November 4, 2004, Datascension Inc., announced its board of  directors
has  authorized  a  reverse split of DSEN's common stock at a ratio of one-for-
ten.

      The reverse split,  which was approved by written consent and affirmed by
DSEN's stockholders at the last shareholder meeting, took effect on November 5,
2004.  Each ten shares of DSEN's  issued  and  outstanding  common  stock  were
automatically  converted  into  one share of common stock. No fractional shares
were issued.  Holders of fractional  shares  received  shares  rounded  to  the
nearest whole share.

      The  Reverse  Stock  Split affected all of stockholders uniformly and did
not  affect  any  stockholder's  percentage  ownership  interests  in  DSEN  or
proportionate voting  power,  except to the extent that the Reverse Stock Split
resulted in any of the stockholders becoming entitled to a fractional share.

Preferred Shares

      The Series B preferred shares  pursuant to the certificate of designation
were to be converted two years after issuance  and  this  time  period has long
passed,  the  Datascension  Board  of  Directions  have decided to convert  the
preferred shares into the appropriate number of common  shares including unpaid
dividends. The number of common shares to be issued is approximately  1,307,353
shares  which includes unpaid dividends of $381,000.   The issuance will  occur
in the second quarter of 2005.

Securities Authorized for Issuance under Equity Compensation Plans

The following  table  sets  forth  the  options  granted in 2004 to each of the
directors and executive officers:







                                      21
<PAGE>

     Option/SAR Grants in Last Fiscal Year (Individual Grants):

                   Number of      Percent of total
                   Securities       Options/SARs
                   Underlying       granted to         Exercise or
                    Options/SARS    employees in        base price   Expiration
        Name           Granted       fiscal year        ($/Share)      date
     ----------    ------------    ----------------     ----------   ----------
Murray N. Conradie     540,000           36.4             $0.30       1/1/10

Scott Kincer           540,000           36.4             $0.30       1/1/10

Jason F. Griffith      270,000           18.8             $0.30       1/1/10

Joey Harmon            135,000            9.1             $0.30       1/1/10


There were no other options granted or exercised by the directors and executive
officers during the year ended December 31, 2004.

Recent Sales of Unregistered Securities

      During the fiscal year ended December 31, 2004,  DSEN  issued  securities
using  the  exceptions  available  under  the  Securities Act of 1933 including
unregistered sales made pursuant to Section 4(2)  of the Securities Act of 1933
as follows:

     On  April 20, 2004, 500,000 pre split shares of  restricted  common  stock
valued at  $.05  per  share  were  issued pursuant to a consulting agreement in
connection  with which we received certain  investor  relations  services.  The
issuance of these  securities  was  effected  through a private transaction not
involving a public offering and was exempt from  the registration provisions of
the Securities Act pursuant to Section 4(2) thereof.

     On April 20, 2004, 2,970,833 pre split shares  of  restricted common stock
valued at $.03 per share were issued to sophisticated investors  who  indicated
that they had such knowledge and experience in financial matters that they were
capable  of evaluating the merits and risks of the investment.  The individuals
took their  shares  for  investment purposes without a view to distribution and
had access to information  concerning  DSEN.   The issuance of these securities
was effected through a private transaction not involving  a public offering and
was exempt from the registration provisions of the Securities  Act  pursuant to
Section 4(2) thereof.

     On  June  30,  2004,  750,000 pre split shares of restricted common  stock
valued at $.03 per share were  issued  pursuant  to  a  consulting agreement in
connection with which we received certain legal services. The issuance of these
securities was effected through a private transaction not  involving  a  public
offering and was exempt from the registration provisions of the Securities  Act
pursuant to Section 4(2) thereof.

     On  September  3,  2004,  1,000,000  pre split shares of restricted common
stock valued at $.05 per share were issued  to a note holder in satisfaction of
amounts due.  The issuance of these securities  was  effected through a private
transaction  not  involving  a  public  offering  and  was  exempt   from   the
registration provisions of the Securities Act pursuant to Section 4(2) thereof.

     On September 30, 2004, 62,269 pre split shares of restricted common stock


                                      22
<PAGE>
(cont)

valued  at  $.06  per  share  were issued to SRC Bondholders in satisfaction of
amounts due to them.  The issuance  of  these securities was effected through a
private transaction not involving a public  offering  and  was  exempt from the
registration provisions of the Securities Act pursuant to Section 4(2) thereof.

     On  December  31,  2004,  the  holders  of  39,500 shares of our Series  A
convertible  preferred  stock  elected to convert such  shares  into  3,950,000
shares of our common stock. These  shares  had  originally  been converted from
common  stock  to Series A Preferred stock on December 27, 2001  at  $5.42  per
share.  These conversions  were  the  effected through private transactions not
involving a public offering and were exempt  in each case from the registration
provisions of the Securities Act pursuant to Section 4(2) thereof.

     On  November  17,  2004,  DSEN  issued  an  aggregate   of  $1,875,000  in
Convertible  Debentures,  pursuant  to  a  Securities  Purchase Agreement  (the
"Agreement") to the following: $350,000 Convertible Debenture  to Alpha Capital
Aktiengesellschaft, $525,000 Convertible Debenture to the Longview  Equity Fund
LP,  $775,000  Convertible  Debenture  to  the  Longview Fund LP., and $225,000
Convertible  Debenture  to  the Longview International  Equity  Fund,  LP.   In
addition, issued common stock purchase warrants to purchase 3,125,000 shares of
DSEN common stock to the above  note holders, at an exercise price of $0.30 per
share.

     On December 31, 2004, 300,000  post split shares of common stock valued at
$.20 per share were issued to four employees  in  consideration  of terms under
their  employment  agreements, which granted stock awards of common  shares  to
certain employees. The  issuance  of  these  securities  was effected through a
private  transaction not involving a public offering and was  exempt  from  the
registration  provisions of the Securities Act pursuant to Section 4(2) thereof
and/or  the federal  small  issue  exception  for  bonus  shares  of  reporting
companies.

     All  of  these transactions were exempt from the registration requirements
of the Securities Act of 1933, as amended, by virtue of the exemptions provided
under section 4(2) was available because:

     - The transfer  or  issuance  did  not  involve underwriters, underwriting
        discounts or commissions;
     -  A restriction on transfer legend was placed on all certificates issued;
     -  The distributions did not involve general  solicitation or advertising;
and,
     - The distributions were made only to insiders,  accredited  investors  or
        investors  who  were  sophisticated enough to evaluate the risks of the
        investment.  Each shareholder was given access to all information about
        our business and the opportunity  to  ask questions and receive answers
        about our business from our management  prior  to making any investment
        decision.

Issuer Repurchases

      We  did  not  make  any repurchases of our equity securities  during  the
quarter ending December 31, 2004.

ITEM 6.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

Introduction

      The following discussion  and analysis should be read in conjunction with
our  accompanying  financial  statements  and  the  notes  to  those  financial
statements included elsewhere in  this  Annual Report. The following discussion
includes

                                      23
<PAGE>
(cont)

forward-looking statements that reflect our  plans,  estimates and beliefs. Our
actual results could differ materially from those discussed  in  these forward-
looking statements. Factors that could cause or contribute to such  differences
include,  but are not limited to, those discussed below and elsewhere  in  this
Annual Report.

Overview

Datascension  Inc, through its sole subsidiary Datascension International, Inc,
is engaged in data  gathering  and  conducting  outsourced market research. Its
expertise is in the collection, storage, and processing  of data.  Datascension
International's management team has over 30 years of experience in working with
clients to gather the information they need to make changes  or advancements to
their operations.  Datascension International services a variety  of industries
and   customers  (including  the  hospitality,  entertainment,  and  automotive
sectors)  with  emphasis  and commitment to customer service, quality assurance
and on-time project management.

Critical Accounting Policies and Estimates

Our discussion and analysis of financial condition and results of operations is
based upon our financial statements,  which  have  been  prepared in accordance
with accounting principles generally accepted in the United  States of America.
The preparation of these financial statements requires us to make estimates and
judgments that affect the reported amounts of assets, liabilities,  revenue and
expenses,  and related disclosure of contingent assets and liabilities.  On  an
ongoing basis,  we  evaluate our estimates. We base our estimates on historical
experience and on various  other  assumptions  that we believe to be reasonable
under the circumstances. These estimates and assumptions  provide  a  basis for
making  judgments about the carrying values of assets and liabilities that  are
not readily  apparent  from other sources. Actual results may differ from these
estimates under different  assumptions or conditions, and these differences may
be material.

We  believe  the  following  critical   accounting  policies  affect  its  more
significant judgments and estimates used in the preparation of its consolidated
financial statements.

Foreign Currency

      DSEN maintains its accounting records  in  U.S.  dollars and all payments
are  made in US dollars.  Any resulting foreign exchange  fluctuations  do  not
affect the payment of employees, contract labor or off shore operations.

Revenue Recognition.

      We  recognize  revenues  when  survey  data is delivered to the client in
accordance with the terms of our agreements. Research  products  are  delivered
within a short period, generally ranging from a few days to approximately eight
weeks. An appropriate deferral is made for direct costs related to contracts in
process,  and  no  revenue  is  recognized until delivery of the data has taken
place. Billings rendered in advance  of  services  being  performed, as well as
customer  deposits  received  in  advance, are recorded as a current  liability
included in deferred revenue. We are  required  to estimate contract losses, if
any,  and  provide  for  such  losses  in the period they  are  determined  and
estimable.  We do not believe that there  are  realistic  alternatives  to  our
revenue recognition policy given the short


                                      24
<PAGE>
(cont)

period of service  delivery and the requirement to deliver completed surveys to
our customers. We do  not  believe  there  is  significant  risk of recognizing
revenue prematurely since our contracts are standardized, the  earnings process
is  short  and  no  single  project accounts for a significant portion  of  our
revenue.

Intangible Assets

The Company has adopted SFAS No. 142, "Goodwill and Other Intangible
Assets", which requires  that goodwill and  other  indefinite  lived
intangible assets are no  longer  amortized,  but reviewed annually,
or sooner  if  deemed necessary,  for  impairment.   Under  guidance
from  SFAS  No.  142, management has  determined that the  assets in
the company determined  to  be  discontinued  operations  should  be
impaired.  The respective assets have been written down. See Note 13
Discontinued Operations.

Convertible Debt Financing and Derivative Liabilities

In accordance with Statement of Financial  Accounting  Standards No.
133, "Accounting for Derivative Instruments and Hedging Activities,"
as amended ("SFAS 133"), the company has reviewed the terms  of  its
existing  convertible  debt  financing  and  the holder's conversion
right provision (collectively, the features) contained  in the terms
governing  the  Notes  are  not  clearly and closely related to  the
characteristics of the Notes.  Accordingly,  the  features qualified
as embedded derivative instruments at issuance and,  because they do
not  qualify  for  any  scope  exception within SFAS 133, they  were
required by SFAS 133 to be accounted  for  separately  from the debt
instrument   and   recorded  as  derivative  financial  instruments.
Because  the  terms  of  the  2004  convertible  note  require  such
classification, the accounting rules required additional convertible
notes  and  non-employee   warrants   to   also   be  classified  as
liabilities,  regardless  of  the terms of the new notes  and  /  or
warrants.  Were the 2004 convertible  notes  to  not  have contained
those  terms or even if the 2004 transaction were not entered  into,
it  may  alter   the  treatment  any  subsequent  convertible  notes
or warrants, will  be  treated  as  derivative liabilities until all
such  provisions  are  settled.  (See  Convertible   Debt  Notes  to
Financial Statements for more information)

During  the  year ended December 31, 2004, we recorded an  aggregate
other expense item of $2,489,116, of which, $1,639,953 (expense) and
$849,163 (expense)  related  to  the  debt  features  and  warrants,
respectively,  to reflect the change in fair value of the derivative
liability. During  the  year  ended  December 31, 2003, there was no
income or expense items related to convertible  debt  as  there  was
none outstanding.

The  recorded  value of the debt features related to the  Notes  can
fluctuate significantly  based  on fluctuations in the fair value of
the Company's common stock, as well  as  in  the  volatility  of the
stock  price  during  the  term  used  for  observation and the term
remaining for the warrants.  Additional details  of  the convertible
notes are included in our notes to the financial statements.

Asset valuation.

On December 31, 2004 the company reviewed any need for impairment of
assets per SFAS 144. A loan is considered impaired if it is probable
that  the creditor will be unable to collect all amounts  due  under
the contractual  terms  of  the  loan  agreement.  In evaluating the
impairment  of  the assets of the company at year end,  the  company
considered, among  other  items,  (1)  materiality of the asset, (2)
previous  loss  experience,  and (3) assets  that  are  not  readily
marketable or susceptible to decline in value

After discussions with the Board  and  with  the  management of both
Datascension,  and Nutek Oil, it was determined to be  in  the  best
interest  of the  Company  and  shareholders  for  the  note  to  be
converted to stock and distributed to the shareholders.

Pursuant to  the previous dividends on August 1, 2001 and January 8,
2004, the company  determined  it  was  in the best interest of it's
shareholders  to convert the balance of the  note  into  the  common
stock of Nutek  Oil  and  distribute  the  pro  rata  shares  to our
shareholders. This coincides with managements plan to write off  any
assets  which  are  attributable to the history of the company which
are non-operational in nature, etc.

As of the December 31,  2004,  the value of the loan to be converted
was  $1,015,014 and was classified  on  the  balance  sheet  of  the
Company as an Asset Held For Sale.

The stock  of  Nutek  Oil  traded  over $1.00 during the week of the
conversion  to  settle  the debt owed to  Datascension.   Management
feels strongly that the shareholders  and company were never at risk
of losing the value of the receivable.   When  Datascension made the
agreement to convert the receivable into the stock  of Nutek Oil, it
was  agreed to be converted at the $1,015,014 value of  stock.   The
number of shares was only later determined based on the then average
price of $1.06.

Pursuant   to  the  company's  review  of  APB  29,  par.  25,  "the
determination  of  value  of  non-monetary  transactions  should  be
determined  by  referring  to  estimated  realizable  values in cash
transactions  of  the same or similar assets, quoted market  prices,
independent appraisals,  estimated fair values of assets or services
received in exchange, and  other  available  evidence."   Management
feels  the  valuation is correct due to the quoted market prices  at
the time of the  transaction  and  estimated  fair  value  of assets
received.  The note was derived upon the sale of assets to Nutek Oil
and  then  the  note  was  settled  by  common stock worth that same
amount.

A total of $1,015,014 worth of securities  is to be issued to settle
the debt.  Full credit for the value of $1,015,014 is to be received
as it is to be settled with an equity equivalent  to  the full value
of  the  note,  so  management  does  not feel there is any risk  to
shareholders or the company, nor was it  deemed  necessary for there
to be a need to impair the receivable.  The 5 day  average  was used
to  determine  the  price for the settlement of the note receivable,
this average was $1.06.   Since  the note was settled with stock and
the trading price of the stock was  over  $1.06,  the  company chose
$1.06  as the conversion amount to use, and thus the 957,349  shares
to be issued was based on that amount.

Plan of Operation

Short-Term Objectives:

    - Continued expansion of outbound production hours
    - The building of additional infrastructure in terms of equipment and staff
    - Expansion of non call center activities: computer programming
    -  Continued  installation   of  predictive  dialers  to  reduce  overhead.
       Predictive dialers automate  the  dialing  process  for our interviewers
       which in turn increase the productivity per employee  resulting in lower
       costs. A predictive dialer is a telephone system that has the ability to
       automatically  call out using algorithms to speed up or  slow  down  the
       dialing process.  Once the system has detected a live person, the system
       transfers the call to an available agent.

Long-Term Objectives:

    - Secure additional business opportunities for Datascension International.
    - Expansion of non call center activities: inbound customer service
    - Expand Spanish speaking interviewing
    -  Grow  the  Datascension  International  operations  extensively  through
      acquisitions  of  smaller  call  center operations which stand to benefit
      from the work being shifted overseas.

Management has determined it was in the best interests of shareholders to write
off all impaired assets and operations which  were  not material and conflicted
with the core operation of DSEN, the market research industry.  This write down
of  discontinued  operations  includes  the  assets  and  activities   of   SRC
International  and Kristi & Company.  The assets and ownership of Nutek Oil and
Century Innovations  have  been distributed as well in the form of dividends to
shareholders of DSEN.

    DSEN had four subsidiaries  which  were  disposed  of  as  follows: the non
operating  entities, Kristi & Co, Inc. and SRC International were  discontinued
and written  down  as of December 31, 2004.  Century Innovations, Inc and Nutek
Oil, Inc have been spun  off  as  separate operating entities which are managed
and operated by independent management.

    Nutek Oil was disposed of by issuing  a  dividend of the shares held by the
parent company to the shareholders of the parent  company.   The stock dividend
was  distributed to owners of DSEN's common stock as of the record  date  in  a
ratio  of one share of dividend stock in the subsidiary for every 500 shares of
common stock owned in Datascension, Inc.

    Century  Innovations  was  disposed  of by issuing a dividend of the shares
held by the parent company to the shareholders  of  the  parent  company.   The
stock  dividend  was  distributed  to  owners  of DSEN's common stock as of the
record date in a ratio of one share of dividend  stock  in  the  subsidiary for
every  300  shares  of  common  stock  owned  in  Datascension, Inc.  DSEN  has
distributed  all but 10% of its ownership in Century  to  Century  as  Treasury
Stock on the books  of  Century.  It will remain as Treasury Stock on the books
of Century until the effectiveness  of  a  Form  10 registration to be filed by
Century.  Within sixty (60) days of the Form 10's

                                      25
<PAGE>
(cont)

effectiveness, Century will work with DSEN to distribute the shares to the then
current Datascension shareholders.

    As  a  result  of receiving the current funding,  the  plans  to  spin  off
Datascension International have been placed on hold indefinitely.

    In addition, the  decision to remove Century Innovations and write down the
impaired assets in the  non operating subsidiaries was made so the single focus
of  DSEN  is the call center  operation.   The  recently  announced  change  in
management  is  furthering the goal of having Datascension International be the
main focus of DSEN.

    DSEN has expensed all asset values and costs associated with these entities
as a line item called  Discontinued  Operations  on the income statement.  DSEN
does not see any material impact to operations moving  forward  as  a result of
the  disposal  of  these  assets,  nor does DSEN intend to establish any trends
related to the spin off of subsidiaries.

    The two primary goals DSEN continues  to  focus  on  and  which  management
believes will allow DSEN to continue its growth are as follows:

    First,  focusing  on the year-over-year growth in net revenue of DSEN;  and
secondly, to continue to  make  steady progress on our initiatives to diversify
our sources of revenue. To this end,  DSEN recently began the implementation of
an expanded in-house programming department  to  be  able  to offer clients the
programming  services for online market research.  DSEN is also  continuing  to
explore further  outsourced  research  opportunities  that  could  leverage the
capacity of our current operations.

    More  importantly  however,  the  divesture  and  write  downs  on the non-
operational  and impaired assets will allow management the benefit of  focusing
on a single core  operation  and  allow  the  investment  community  to  better
understand the core operations of DSEN and its single focus moving forward.

YEAR ENDED  DECEMBER  31,  2004  COMPARED TO YEAR ENDED DECEMBER 31,
2003

       Analysis  of  the  calendar  year  ended  December  31,  2004
compared to the calendar year  ended December 31, 2003.  The company
has restated its year ended December  31,  2004  and  2003 financial
statements.

      For  the  calendar year, ended December  31,  2004,  DSEN  has
generated $8,471,440 in revenues  compared to $7,057,087 in revenues
for  the  period  ended  December  31,  2003,  for  an  increase  of
$1,414,353.   The increase in revenue is a result of an increase  in
new  clients,  along  with  an increase in our hourly billing rates.

      Cost of goods  sold for the year ended December 31,  2004  was
$7,071,784 compared to  $4,039,344 for the period ended December 31,
2003 or an increase of $3,032,440.   This   increase consists of the
following:  approximately  $2,878,000 increase  related  to   direct
payroll   costs   due  to an increase  in  the  cost  per  hour   of
employees  and increase  in  revenue / hourly  billings,  there  was
a corresponding increase  in   the  cost  of  goods  sold,  with  an
additional  increase  in  direct  licensing  fees  of  $128,795  and
increases in discounts to clients of $25,526.

Total  operating expenses  decreased to  $3,030,051 for the calendar
year  ended  December  31, 2004  from $3,311,665  for  the  calendar
year ended  December 31,  2003,  a   net  decrease of $281,614.  The
decrease in expenses was a result of the productivity  increases  in
personnel as  well as reduction in overhead for the company.

      Depreciation  and  amortization  expense   for   the  calendar
year  ended December 31, 2004 was $270,893 compared to $340,231  for
the  calendar year ended December  31,  2003, a decrease of $69,338.
The  decrease  resulted  from  the disposal and write down of assets
in the fourth quarter of 2004.

       Interest  expense   for  the  calendar  year  ended  December
31, 2004 was $216,507 compared  to  $97,728  for  the  calendar year
ended  December  31,   2003   an increase  of $118,779 which  was  a
result  of additional interest cost  related  to  the  purchase   of
predictive   dialers   and   the   interest   associated   with  the
convertible debt.

Forgiveness   of   debt  for  the  year  ended December 31, 2004 was
$55,000 compared to $99,274 for the  same   period   prior  year  or
a  decrease of $44,274.  The decrease was a result of  most  of  the
debts   with  negotiated  settlements  occurred  in  2003  with  the
remaining  amount  management  feels was available for settlement at
less than the face amount in 2004.


    Other expenses related to the  convertible  debt was $2,489,116,
as well as the interest expenses related to the convertible debt for
the year ended December 31, 2004 was $52,300.

     The  loss  from  discontinued  operations  for the  year  ended
December  31,  2004  was  $1,731,001. This loss is made  up  of  the
following: the disposal and  write  down  of  Kristi and Co, Inc. of
$295,735;  SRC International, Inc, of $322,010;  the  write  off  of
prepaid items  of $129,980; asset impairment of $206,432; write-offs
of plant and equipment  of  $192,792  and  inventory  of $64,070 not
assumed  by  Century Innovations in the spin-off; the reduction   in
subscribed stock  of $374,941 and additional administrative costs of
$145,041 related to the discontinued operations.

   The Company generated a net loss after discontinued operations of
$6,052,366 for the  same  period.  This  compares  to  $7,057,087 in
revenues  and  a  net  loss of $246,533 for the calendar year  ended
December 31, 2003.  The increase in losses of $5,805,833 is a result
of  the discontinued operations  of  $1,731,001;  increased  payroll
costs of approximately $1,390,000; the other expenses related to the
convertible debt of $2,489,116; the interest expenses related to the
convertible  debt  in  the  amount  of  $52,300;  increased interest
expense in the amount of $118,779 from the prior year  and  increase
in miscellaneous costs of $24,637.

Liquidity and Capital Resources

       For  the calendar  year  ended  December  31, 2004, DSEN  has
decreased its working capital position by a net amount of $3,840,801
from  negative   $33,428  as  of   December   31,   2003 to negative
$3,874,229 as of December 31, 2004 as a result of  the  increase  in
liabilities  related  to the convertible debt.  This decrease is due
to a $433,702 increase  in  cash,  a  $446,275  increase in accounts
receivable,  offset  by  an  increase  in  accrued  liabilities   of
$1,208,503,  an  increase in the derivative liability of $2,408,178,
an increase in the  warrant  liability of $1,785,877, offset in part
by  a  decrease in accrued contingent  liabilities  of  $338,461,  a
decrease  in  the  line of credit of $449,650, and a decrease in the
notes payable to related  parties  of  $268,502,  as  well  as a net
decrease  of $140,295 of other assets and a net increase of $234,538
of other liabilities.

      Management  believes  that  its  revenues  from operations and
collections on accounts  receivable  will   meet its minimum general
and   administrative  cost  requirements  and  provide   the   basic
liquidity  DSEN needs to operate at current levels  over  the   next
twelve months.   Currently,  DSEN  has  a  monthly  cost requirement
of approximately   $202,369 for operations (see schedule on page 24)
and is expecting monthly  cash flow  in 2005 of $213,303.  The short
term source of liquidity is  from  operations.   Any long term needs
that are above and beyond what is derived from operations would come
from outside sources.  The long term needs  and possible  sources of
funds  are   not   identified  at  this  time.   If required,   DSEN
could  stop  growing   and  hold  operations  at  the  current level
without  any  need  for  additional  funding.   However,  additional
funding will be required to execute its  business  plan of expanding
the Costa Rica operations in order to expand the inbound call center
initiative.  The balance of the funding required to  execute  DSEN's
planning will need to be obtained from other sources such as debt or
the sale of additional equity.

       The   expected   monthly   cash  flow  is  based  on existing
business   and  collections. The  expected   $213,303  is  based  on
average  collections  for  the company of approximately $956,127 per
month, minus the  $202,369  of  monthly  cost  requirement,  and the
$513,186  of  variable  costs  related  our contract labor which  is
paid  every  month.  The latter estimates are based  on a  review of
the average collections  over  90  and 120 day periods.  The company
reviewed  the  trailing  three,  four,  and  five  month  collection
and cash receipts cycles between  January  2004  through  May  2005.
Additionally,  the  same  formulas  and time periods  were  reviewed
in  calculating  the  variable  costs  required  for  the  company's
contract labor every month.

      The call center   initiative   is  as  follows:  we  currently
utilize the majority of our interviewing  stations  for no more than
six  hours  per   day.  The majority  of those six hour  shifts  are
during  the early afternoon/evening.    We  are  pursuing   customer
service related  business activities that would enable us to utilize
our  stations during the daytime hours when the majority of stations
currently sit idle.

      On December   31,   2004  DSEN  had total assets of $5,804,398
compared  to  $7,538,220  on  December  31,  2003,   a  decrease  of
$1,733,822.  The reason for the decrease   in   assets  is  a result
of  the   increase  in  cash  related  to  the convertible   funding
at  the   end    of   the   year   of   $433,702,   along   with   a
corresponding a decrease  in  the  asset  values of the discontinued
operations and investment in Century Innovations   of $2,378,673 and
a  net increase of $147,511 related to account receivable  increase,
inventory  decrease  and payments on notes receivable as well as the
reduction in asset value  due  to  depreciation.   DSEN  had a total
stockholders' equity of $(558,716) on December 31, 2004 compared  to
$5,531,435 on December 31, 2003, a decrease in equity of $6,090,151.

       All  assets are booked at historical purchase price and there
is no variance between book value and the purchase price.

      On December  31,  2004  DSEN  had  Property  and  Equipment of
$681,346  compared  to  $3,374,421  on December  31,  2003,   or   a
decrease of $2,693,075 which is a result  of  the  spin off of Nutek
Oil,  Century  Innovations   and the write down of assets  for  non-
operational entities, SRC International  and  Kristi  and  Co, Inc.,
along with an impairment of assets in Dominican Republic.

The fixed and ongoing expenses of Datascension are as follows:

Accounts Payable and Accrued Liabilities

DSEN  has  $135,533 in accounts payable and approximately $1,390,880
in  accrued  payroll  costs  for  the  operations of the California,
Nevada, Costa  Rica,  and Dominican Republic location as of December
31, 2004.

Long-term notes payable consists of the following at December 31,
2004:

Note payable to a vendor, no specific repayments terms
and no stated interest rate.  Secured by assets.       		$    40,000

Note payable to a vendor, monthly payments of 			$	348
inclusive of 7% annual interest through September 2006,
secured by equipment.                                                 6,245

Note payable to a vendor, monthly payments
of $7,375 inclusive of 10.83% annual interest through
December 2006, secured by equipment.				    158,510

Note payable to a vendor, monthly payments of $906,
inclusive of 12% annual interest through February 2006,
secured by equipment
                                                                     15,000
								    219,755
Less current portion						   (116,207)
                                                                 ----------

Total                                                      	 $  103,548

Principal maturities are as follows:

      Twelve months ended December 31,
                        2005    $       4,125
                        2006           33,893
                        2007           65,530

				-------------
                                $     103,548


Additionally, DSEN has the following short term notes payable as of
December
31, 2004.
      Dell Financial Services       $   3,467
      Public Relations Contract        60,000
      Wells Fargo Credit Card          48,577
      Advanta Credit Card               9,698
                                    ---------
            Total                     121,742

At December 31, 2004, aggregate future minimum payments under these
leases, are as follows:
                  Twelve months ended December 31,
            2005                           $     152,141
            2006                                 133,259
            2007                                 105,773
            2008                                 105,773
            Thereafter                                 -

					   -------------
            Total minimum lease payments   $     496,946


                                      23

Convertible debentures consist  of  the  following  at  December
31, 2004, and December 31, 2003:

<TABLE>
<CAPTION>
                                                2004		  2003
<S>                                               <C> <C>
<C> <C> <C>
8%  convertible subordinated debentures,
due in November 2007, convertible
into shares of common  stock  at                1,875,000	     -
any time prior to maturity.
Interest is payable quarterly,
and principal is due at maturity.
                                                ---------	  ----
						1,875,000     	     -
Less:  Discount being accreted		       (1,652,639)	    (-)
Plus:  Accrued interest                            18,750           (-)
                                                ---------	  ----
Total debt					  241,111	     -
Less: current portion				       (0)	    (-)
                                                ---------	  ----
Convertible debentures, less current portion    $ 241,111  	  $  -
                                                ---------	  ----
</TABLE>


Included  in  the  above values is $18,750 of accrued interest
related  to  the
convertible notes as of December 31, 2004.

Fixed recurring Selling,  General  and  Administrative  expenses
would  be  as
follows:

                                       Estimated monthly average
						2005

        Salaries and Benefits                 $121,912
        Rent                                  $ 38,814
        Equipment Lease/Rental                $ 17,227
        Telephone and Communications          $  5,931
        Licensing Fees                        $ 15,882
        Other                                 $  2,603
                                              --------
        Total Monthly Fixed SG&A costs        $202,369

Estimated future cash requirements

      As  discussed  above  DSEN  intends  to  meet  its  financial  needs  for
operations  through  the  collection  of  accounts  receivable and servicing of
current contracts.

       The Registrant's capital resources are comprised  primarily  of  private
investors,  who are either existing contacts of the Registrant's management  or
who  come  to the  attention  of  the  Registrant  through  brokers,  financial
institutions  and  other  intermediaries. The Registrant's access to capital is
always dependent upon general  financial  market  conditions.  The Registrant's
capital resources are not anticipated to change materially in 2005.

      DSEN   has  financed  operations  through  the  collections  of  accounts
receivable, servicing  of  existing  contracts and the sale of common stock and
through financing from financial institutions.  In  order to sustain operations
in  the near term, it is anticipated that DSEN has sufficient  working  capital
due to  the fact that on November 17, 2004, we issued $1,875,000 in convertible
notes, receiving net proceeds of $1,657,500.

      DSEN's  future  capital  requirements  will  depend  on numerous factors,
including the profitability of our research projects and our ability to control
costs.  We  believe  that  our current assets will be sufficient  to  meet  our
operating expenses and capital  expenditures.  However,  we cannot predict when
and if any additional capital contributions may be needed  and  we  may need to
seek  one  or  more  substantial  new  investors.  New  investors  could  cause
substantial dilution to existing stockholders.

      There  can  be  no  assurances  that  DSEN  will be successful in raising
additional capital via debt or equity funding, or that  any  such transactions,
if  consummated,  will  be  on  terms  favorable  to  DSEN.  In the event  that
additional capital is not obtained from other sources,  it may become necessary
to alter development plans or otherwise abandon certain ventures.

      If  DSEN  needs  to  raise additional funds in order to  fund  expansion,
develop new or enhanced services or products, respond to competitive  pressures
or acquire complementary products,  businesses  or technologies, any additional
funds raised through the issuance of equity or convertible debt securities, the
percentage ownership of the stockholders of DSEN  will be reduced, stockholders
may  experience  additional  dilution  and  such securities  may  have  rights,
preferences or privileges senior to those of  DSEN's  Common  Stock.  DSEN does
not currently have any contractual restrictions on its ability  to  incur  debt
and,  accordingly,  DSEN  could  incur  significant  amounts of indebtedness to
finance its operations.  Any such
                                      30
<PAGE>
(cont)

indebtedness could contain covenants, which would restrict DSEN's operations.

Expected Significant Changes in the Number of Employees

      DSEN does not expect any significant change in the  number  of  employees
over  the  next  12  months of operations.  As noted previously, DSEN currently
coordinates most operations using part time employees, consultants and contract
labor.

Material Commitments for Capital Expenditures.

DSEN has made no material  commitments  for  future  expansion.  When potential
expansion or the need for expansion arises, management reviews the potential of
each property as its leases come up for renewal and makes a decision whether or
not to renew each lease or expand the current facilities,  in  light  of DSEN's
business planning at that time.

      The Registrant has no agreements with management, investors, shareholders
or  anyone  else  respecting additional financing at this time. Because of  the
nature of the Registrant's  business,  there are no trends in the nature of its
capital resources which could be considered predictable.

Inflation

      DSEN's results of operations have  not  been  affected  by  inflation and
management  does  not  expect  inflation  to  have  a  material  impact  on its
operations in the future.

Off-Balance Sheet Arrangements.

      DSEN currently does not have any off-balance sheet arrangements.

Safe Harbor

      The  discussions of the results of operations and financial condition  of
DSEN should  be  read  in  conjunction  with the financial statements and notes
pertaining to them that appear elsewhere  in  this Form 10-KSB. Statements made
in  this Form 10-KSB that are not historical or  current  facts  are  "forward-
looking  statements" made pursuant to the safe harbor provisions of Section 27A
of the Securities  Act  of  1933  (the "Act") and Section 21E of the Securities
Exchange Act of 1934. These statements  often  can  be identified by the use of
terms  such  as  "may," "will," "expect," "believe," "anticipate,"  "estimate,"
"approximate" or "continue,"  or  the  negative thereof. DSEN intends that such
forward-looking statements be subject to  the safe harbors for such statements.
DSEN wishes to caution readers not to place undue reliance on any such forward-
looking statements, which speak only as of  the  date made. Any forward-looking
statements represent management's best judgment as  to  what  may  occur in the
future. However, forward-looking statements are subject to risks, uncertainties
and  important  factors  beyond  the  control  of  DSEN that could cause actual
results and events to differ materially from historical  results  of operations
and events and those presently anticipated or projected. These factors  include
adverse   economic  conditions,  highly  speculative  nature  of  oil  and  gas
exploration  and  development,  risks  of  foreign  operation, entry of new and
stronger competitors, inadequate capital and unexpected  costs.  DSEN disclaims
any obligation subsequently to revise any forward-looking statements to reflect
events  or  circumstances  after  the date of such statement or to reflect  the
occurrence of anticipated or unanticipated events.


                                      31
<PAGE>

ITEM 7.  FINANCIAL STATEMENTS.


                              DATASCENSION INC.

                            FINANCIAL STATEMENTS
                            --------------------
                              December 31, 2004
                              December 31, 2003










                                      F-1
<PAGE>

                             TABLE OF CONTENTS
                             -----------------

                                                                    PAGE
                                                                    ----

INDEPENDENT AUDITORS' REPORT:

     Independent Auditors Report - 2004                             F-3

     Independent Auditors Report - 2003 & 2002                      F-4


FINANCIAL STATEMENTS:

     Balance Sheets                                                 F-5

     Statements of Operations                                       F-6

     Statement of Changes in Stockholders' Equity                   F-7

     Statements of Cash Flows                                       F-8


NOTES TO FINANCIAL STATEMENTS:                                      F-9











                                      F-2
<PAGE>

Larry O'Donnell, CPA, P.C.
Telephone (303)745-4545
2228 South Fraser Street
Unit 1
Aurora, Colorado 80014


            REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors
Datascension, Inc. formerly Nutek, Inc.
Las Vegas, Nevada


I have  audited  the  accompanying balance  sheet  of  Datascension,
Inc. formerly Nutek, Inc.,  a Nevada corporation, as of December 31,
2004,   and   the   related  statements    of   loss,   changes   in
stockholders' equity, and cash flows for the year then ended.  These
financial  statements  are  the  responsibility   of  the  Company's
management.   My  responsibility  is  to express an opinion on these
financial statements based on my audits.

I   conducted   my   audit   in  accordance  with standards  of  the
Public   Company  Accounting  Oversight  Board   (United    States).
Those   standards  require  that  I  plan   and perform the audit to
obtain   reasonable   assurance   about   whether    the   financial
statements  are  free  of  material misstatement.  An audit includes
examining, on a test basis,  evidence  supporting   the  amounts and
disclosures  in the  financial  statements.  An audit also  includes
assessing   the    accounting   principles   used  and   significant
estimates   made   by   management,   as   well as  evaluating   the
overall  financial statement presentation.  I believe that  my audit
provides a reasonable basis for my opinion.

In my opinion, the financial  statements  referred  to above present
fairly,  in  all   material  respects,  the  financial  position  of
Datascension,  Inc.  formerly Nutek,  Inc.,  as   of   December  31,
2004,  and the results of its operations and cash flows for the year
then  ended   in   conformity  with  accounting principles generally
accepted in the United States of America.

As discussed in Note 17 to the financial statements, the Company has
restated its financial statements for  the  year  ended December 31,
2004  for  a  correction  of error related to the treatment  of  the
convertible debt.

Larry O'Donnell, CPA, P.C.
March 24, 2005 (except for  Note  2,  4,  6, 7, and 17, November 28,
2005)












                                      F-3
<PAGE>


Gary V. Campbell, CPA, Ltd.
Certified Public Accountants
7440 West Sahara
Las Vegas, Nevada, 89117


            REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


To the Board of Directors
Nutek, Inc.
Las Vegas, Nevada

We  have  audited the accompanying consolidated  balance  sheets  of
Nutek, Inc.,  (a Nevada  corporation), as of December 31, 2003,  and
the   related   consolidated  statement   of   income,   changes  in
stockholders' equity,  and cash flows for the year then ended. These
financial  statements  are   the   responsibility  of  the Company's
management.   Our  responsibility  is to express an opinion on these
financial statements based on our audit.

We  conducted  our  audits  in accordance  with the  Public  Company
Accounting  Oversight  Board  (United  States).    Those   standards
require   that   we  plan and perform   the    audit    to    obtain
reasonable assurance   about  whether   the financial statements are
free  of  material   misstatement.   An audit includes examining, on
a test basis, evidence supporting   the  amounts  and disclosures in
the  financial statements.   An audit also includes   assessing  the
accounting principles  used  and  significant  estimates   made   by
management,  as  well  as evaluating the overall financial statement
presentation.    We believe  that  our  audits  provide a reasonable
basis for our opinion.

In our opinion, the financial statements referred  to  above present
fairly,   in  all   material   respects,  the financial position  of
Nutek,  Inc., as of December 31,  2003,  and  the  results  of   its
operations   and  cash  flows  for the year then ended in conformity
with accounting principles generally  accepted  in the United States
of America.

As discussed in Note 17 to the financial statements, the Company has
restated  its financial statements for the year ended  December  31,
2003 for a  correction  of  error  related  to  the  amortization of
intangibles.

Gary V. Campbell, CPA, Ltd.

Las Vegas, Nevada
March 30, 2004 (except for Note 2 and 17, November 28, 2005)








                                      F-4
<PAGE>

                              DATASCENSION, INC.
                                BALANCE SHEETS
                                     AS OF
                    December 31, 2004 and December 31, 2003

<TABLE>
<CAPTION>
<S>                                      <C>      <C>         <C>

                          ASSETS
					        Restated    Restated
                                                 Audited    Audited
                                                12/31/04   12/31/03
   CURRENT ASSETS:
Cash                                          $  556,593   $  122,891
Accounts receivable                            1,533,969    1,087,694
Inventory                                              -      227,997
Accrued income                                         -       11,200
Prepaid expenses                                 186,306      194,623
Note receivable, related party                         -        1,250
Investment in Century Innovations                108,469            -
                                              ----------   ----------
   TOTAL CURRENT ASSETS                       $2,385,337   $1,645,655

Property and Equipment, net of accumulated
   depreciation                                  681,346    3,374,421

   OTHER ASSETS:
Asset held for sale (see notes)                1,015,014            -
Notes receivable, net of current portion               -        5,800
Patent rights acquired, net of amortization            -      518,761
Long-term investment                                   -        8,000
Website assets, net of amortization                4,520       26,184
Customer lists, net of amortization                    -       40,278
Patterns/designs, net of amortization                  -       42,083
Packaging design/artwork, net of amortization          -       74,898
Deposits                                          25,399       51,892
Goodwill                                       1,692,782    1,692,782
Trademarks                                             -        7,466
Licensing fees                                         -       50,000
                                              ----------   ----------
   TOTAL OTHER ASSETS                          2,737,715    2,518,144
                                              ----------   ----------
TOTAL ASSETS                                  $5,804,398   $7,538,220
                                              ==========   ==========

           LIABILITIES AND STOCKHOLDERS' EQUITY


   CURRENT LIABILITIES:
Accounts payable                              $  135,533   $  278,022
Accrued expenses                               1,390,880      182,377
Line of credit                                         -      449,650
Accrued contingent liabilities                         -      338,461
Notes payable, related party                      60,038      328,540
Short term notes payable                         121,742            -
Convertible debt, net of current portion         241,111            -
Derivative liability                           2,408,178            -
Warrant liability                              1,785,877            -
Current portion of long-term notes payable       116,207      102,033
                                              ----------   ----------
   TOTAL CURRENT LIABILITIES                  $6,259,566   $1,679,083

  LONG-TERM DEBT
Long-term notes payable, net of current
	portion					 103,548       16,565
                                              ----------   ----------
  TOTAL LONG-TERM DEBT                           103,548       16,565

  TOTAL LIABILITIES                            6,363,114    1,695,648

  Noncontrolling interest in
subsidiary of Nutek Oil, Inc.                          -      311,137

   STOCKHOLDERS' EQUITY:
  Common stock:
Common stock, $0.001 par value, 200,000,000
shares authorized; 16,257,290 shares issued,
15,298,957 outstanding at December 31, 2004      159,875      150,554
  Additional paid-in capital-common stock     11,029,295   10,802,058
   Preferred stock Series B:
Preferred stock, $0.001 par value, 10,000,000
shares authorized; 506,400 Series B shares
issued and outstanding at December 31, 2004          506          509
  Additional paid-in capital-preferred Series B  481,994      507,992
  Subscriptions receivable                      (119,063)    (604,804)
  Treasury Stock                                (134,388)    (134,388)
  Accumulated deficit                        (11,976,936)  (5,190,486)
                                              ----------   ----------
TOTAL STOCKHOLDERS' EQUITY                      (558,716)   5,531,435
                                              ----------   ----------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY    $5,804,398   $7,538,220
                                              ==========   ==========
</TABLE>








                See accompanying notes to financial statements

                                      F-5
<PAGE>
                              DATASCENSION, INC.
                            STATEMENT OF OPERATIONS
                                FOR YEARS ENDED
                    December 31, 2004 and December 31, 2003
<TABLE>
<CAPTION>
<S>                                       <C>          <C>

                                 		Restated	  Restated
                                 		Audited		  Audited
                                        	For the		  For the
                                    		Year ended	  Year ended
                                      		12/31/2004	  12/31/ 2003
						------------	  ------------
REVENUE                               		$  8,471,440 	  $  7,057,087

COST OF GOODS SOLD                     		   7,071,784 	     4,039,344
						------------	  ------------
GROSS PROFIT                           		   1,399,656  	     3,017,743

EXPENSES:
Selling, general and administrative   		$  2,430,666 	  $  2,633,934
Depreciation and amortization            	     270,893           340,231
Asset impairment                                     328,492          	     -
Contingency accrual                            		   -           292,500
Lawsuit liability                              		   -     	45,000
						------------	  ------------
TOTAL EXPENSES                         		   3,030,051  	     3,311,665

OPERATING INCOME                     		  (1,630,395) 	      (293,922)

OTHER INCOME (EXPENSE):
Interest income                             		 743      	 1,898
Forgiveness of debt                       	      55,000     	99,274
Other income                              	      11,210            17,352
Interest expense                       		    (216,507)	       (97,728)
Other (Expense), from convertible                 (2,489,116)                -
Interest (expense), from convertible    	     (52,300)                -
Minority interest, Nutek Oil, Inc.             		   -            26,593
						------------	  ------------
TOTAL OTHER INCOME                   		  (2,690,970)	        47,389

Net Income (loss)                   		$ (4,321,365)  	  $   (246,533)

 Discontinued Operations            		$ (1,731,001)     $	     -
						------------	  ------------
Net Income (loss) after
 discontinued operations            		$ (6,052,366)     $   (246,533)
						------------	  ------------
Basic weighted average number
of common shares outstanding         		  15,671,867  	     9,617,251*

Diluted weighted average number
of common shares outstanding         		  16,594,223  	     9,617,251*

BASIC NET INCOME PER SHARE            		$      (0.28)     $	 (0.03)
DISCONTINUED OPERATIONS          		$      (0.11)     $	 (0.00)
BASIC NET INCOME PER SHARE                       ------------	  ------------
   AFTER DISCONTINUED OPERATIONS       		$      (0.39)     $	 (0.03)


DILUTED NET INCOME PER SHARE           		$      (0.26)     $	 (0.03)
DISCONTINUED OPERATIONS          		$      (0.10)     $	 (0.00)
DILUTED NET INCOME PER SHARE                     ------------	  ------------
   AFTER DISCONTINUED OPERATIONS       		$      (0.36)     $	 (0.03)




</TABLE>
                See accompanying notes to financial statements

* = split adjusted

                                      F-6
<PAGE>

                               DATASCENSION Inc.
                 STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY
                                FOR YEARS ENDED
                    December 31, 2004 and December 31, 2003
				    Audited
				    Restated
<TABLE>
<CAPTION>

<S>                                       <C>         <C>          <C>         <C>         <C>             <C>          <C>




                                         Common     Common      Additional Preferred  Preferred      Preferred - Preferred
                                                                                                     A
                                         Stock      Stock       Paid-in    Stock      Stock          Add. Paid   Stock
                                                                           Shares                                Shares
                                         Shares     Amount      Capital    Series A   Series A       In Capital  Series B

Balances at
12/31/02                                   8,897,391      88,974  7,555,559    559,508            560   3,021,132    508,500

Sale of Stock                                363,889       3,639    113,408          -              -           -          -

Issuance for Settlement of Bonds             168,374       1,684    106,507          -              -           -          -

Issuance for Services                        550,473       5,505    192,055          -              -           -          -

Accrual of Preferred Dividends                     -           -          -          -              -           -          -

Preferred purchases / posted                       -           -          -   (52,000)           (52)   (136,358)          -

Preferred converted                        5,075,080      50,751  2,834,530  (507,508)          (508) (2,884,774)          -

Change in ownership of Nutek Oil                   -           -          -          -              -           -          -

Allocation of Minority Interest
In Subsidiary Earnings                             -           -          -          -              -           -          -

Net Profit for Quarter
Ended December 31, 2003                            -           -          -          -              -           -          -

Balance at December 31, 2003              15,055,207     150,552 10,802,059          -              -         (0)    508,500

Prior period adjustment

Sale of Stock                                187,500       1,875     73,125          -              -           -          -

Issuance for Services                         12,500         125      6,125          -              -           -          -

Settlement of Series B                        50,000         500     25,500          -              -           -    (2,600)

Distribution / Sale of Nutek Oil                   -           -          -          -              -           -          -
Ownership

Issuances for Services                        47,500         475     37,275          -              -           -          -

Issuances for Services                        12,500         125      6,125          -              -           -          -

Adjustment for Preferred Converted           395,000       3,950    (3,950)          -              -           -          -

Additional shares issued related
to prior contract		             110,000       1,100      9,400          -              -           -          -

Additional cost for dialers                   52,083         521      7,812          -              -           -          -

Prior quarter investment adjustment           22,500         225          -          -              -           -          -

Issuances for Services                        12,500         125      6,125

Issuances for Services                       300,000         300     59,700

Distribution of Century Innovations

Century no longer consolidated

Write down of assets

Net Loss for Year                                  -           -          -          -              -           -          -
					  ----------	--------  --------- ----------     ---------- ----------- ----------
Balance at December 31, 2004              16,257,290     159,873 11,029,295          -              -         (0)    505,900
					  ----------	--------  --------- ----------     ---------- ----------- ----------

                                         Preferred    Preferred -                        Non-Controlling
                                                          B
                                            Stock      Add. Paid   Treasury   Subscribed   Interest       Income      Total
                                           Series B   In Capital    Stock       Stock      In Subsidiary  Deficit     Equity
Balances at
12/31/02                                         509     507,992  (134,388)  (153,750)        355,782 (4,943,953)  6,298,416

Sale of Stock                                      -           -          -          -              -           -    117,046

Issuance for Settlement of Bonds                   -           -          -          -              -           -    108,190

Issuance for Services                              -           -          -          -              -           -    197,560

Accrual of Preferred Dividends                     -           -          -          -              -           -          -

Preferred purchases / posted                       -           -          -          -              -           -  (136,410)

Preferred converted                                -           -          -          -              -           -        (1)

Change in ownership of Nutek Oil                   -           -          -          -       (18,052)           -   (18,052)

Allocation of Minority Interest
In Subsidiary Earnings                             -           -          -          -       (26,593)           -   (26,593)

Net Profit for Quarter
Ended December 31, 2003                            -           -          -          -              -   (246,533)  (246,533)
						-----	--------  --------- ----------     ---------- ----------- ----------
Balance at December 31, 2003                     509     507,992  (134,388)  (153,750)        311,136 (5,190,486) 6,293,623
						-----	--------  --------- ----------     ---------- ----------- ----------
Removal of Nutek Oil retained earnings                                                                    219,709    219,709

Sale of Stock                                      -           -          -          -              -           -     75,000

Issuance for Services                              -           -          -          -              -           -      6,250

Settlement of Series B                           (3)    (25,997)          -          -              -           -          -

Distribution / Sale of Nutek Oil                   -           -          -          -      (311,136)    (83,708)  (394,844)
Ownership

Issuances for Services                             -           -          -          -              -           -     37,750

Issuances for Services                             -           -          -          -              -           -      6,250

Adjustment for Preferred Converted                 -           -          -          -              -           -          -

Shares issued for prior contract adjustment        -           -          -          -              -           -     10,500

Additional cost for dialers                        -           -          -          -              -           -      8,333

Prior quarter investment adjustment                -           -          -          -              -           -        225

Issuances for Services

Issuances for Services

Distribution of Century Innovations                                                                      (976,221)

Century no longer consolidated                                                                            106,137

Write down of assets	                                                       153,750

Move receivable to subscribed stock                                           (119,063)

Net Loss for Year                                 -           -          -          -              -  (6,052,366) (6,052,366)
						-----	--------  --------- ----------     ---------- ----------- ----------
Balance at December 31, 2004                     506     481,994  (134,388)  (119,063)              0 (11,976,936)$(558,717)
				                -----	--------  --------- ----------     ---------- ----------- ----------
</TABLE>
                See accompanying notes to financial statements


                                      F-7


<PAGE>
                               DATASCENSION Inc.
                            STATEMENT OF CASH FLOWS
                                FOR YEARS ENDED
                    December 31, 2004 and December 31, 2003
<TABLE>
<CAPTION>
<S>                                                     <C>			<C>

                                               		Restated        	Restated
                                               		Audited         	Audited
                                                     	FOR THE YEAR ENDED	FOR THE YEAR ENDED
CASH FLOWS FROM OPERATING ACTIVITIES:                   12/31/04		12/31/03
							------------------	------------------

Net income						$	(6,052,366)     $	(246,533)
Adjustments to reconcile net income to net
cash provided by operating activities:
    Issued for services						   135,333                61,153
    Discontinued operations / impairment of assets		 1,688,070                     -
    Impairment of assets					   328,492
    Non cash expenses associated with convertible debt           2,489,116
   Change in warrant liability                                     936,714                     -
Change in derivative liability                                     768,225                     -
Depreciation and amortization					   270,893               340,231
 Investment in Century Innovations					 -                     -
(Decrease) Increase in contingent liabilities			  (338,461)
Increase in non-controlling interest in subsidiary			 -          	 (44,645)
 Forgiveness of debt						   (55,000)          	 (62,217)
(Increase) Decrease in accounts receivable			  (446,275)           	 206,027
Increase in inventory							 -           	  (5,108)
Increase in prepaid expenses					     8,317          	 (75,216)
Increase in deposits						    26,493         	 (21,608)
Decrease in accounts payable					  (142,489)	        (313,704)
Decrease in accrued expenses					 1,208,503            	  29,024
							------------------	----------------
NET CASH USED BY OPERATING ACTIVITIES                   $	   825,565      $	(132,596)

CASH FLOWS FROM INVESTING ACTIVITIES:
(Increase) Decrease in notes receivable				     7,050           	 308,402
Purchase of property and equipment				  (219,996)	         (90,290)
Purchase of intangible assets						 -          	 (23,897)
							------------------	----------------

NET CASH USED BY INVESTING ACTIVITIES				  (212,946)         	 194,215

CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in notes payable					   222,899         	(175,992)
Increase (Decrease) in related party payable			  (268,502)                    -
Increase (Decrease) in convertible debt                            241,111                     -
Issuance of common stock                                            75,225               117,043
 (Decrease) Increase in line of credit				  (449,650)           	  75,850
							------------------	----------------

NET CASH PROVIDED BY FINANCING ACTIVITIES			  (178,917)                16,901
							------------------	----------------

NET INCREASE IN CASH						   433,702                78,520

BALANCE, BEGINNING						   122,891                44,371

BALANCE, ENDING						$	   556,593      $	 122,891
							==================	================

INTEREST PAID                                           $	   97,728       $ 	  20,697
TAXES PAID                                              $		-       $    	       -

</TABLE>
                      See accompanying notes to financial statements

                                      F-8

<PAGE>

                              DATASCENSION, INC.



        DATASCENSION, INC.
     NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 1 - HISTORY AND ORGANIZATION OF THE COMPANY

Datascension, Inc. (formerly known as Nutek, Inc.) was  incorporated
in August 1991 under the laws of the State of Nevada as Nutek,  Inc.
(the "Company") and is engaged in the market research industry.

Datascension  International,  Inc. and related assets were purchased
on September 27, 2001 for $2,200,000  using  company  shares at fair
market  value.  Datascension  International, Inc. is a premier  data
solutions company representing a unique expertise in the collecting,
storage,  processing,  and  interpretation  of  data.  During  2002,
Datascension  International, Inc.  expanded  operations  into  Costa
Rica.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Accounting

The Company's policy  is  to prepare the financial statements on the
accrual basis of accounting.  The fiscal year end is December 31. In
the opinion of management, all  adjustments considered necessary for
a fair presentation have been included.

Cash and Cash Equivalents

Cash and cash equivalents consist  of highly liquid investments with
maturities of three months or less when purchased.

Investments and Marketable Securities

The  Company  has  adopted  FASB  No.  115.  Equity  securities  are
classified as available for sale and reported at fair value.

Investments  are  recorded  at  the lower of  cost  or  market.  Any
reductions in market value below cost are shown as unrealized losses
in the consolidated statement of operations.

Consolidation Policy

The  accompanying  consolidated  financial  statements  include  the
accounts of Datascension, Inc. and  Datascension International, Inc.
All significant inter-company balances  and  transactions  have been
eliminated.

Use of Estimates

The preparation of financial statements in conformity with generally
accepted   accounting   principles  requires  that  management  make
estimates and assumptions  which  affect  the  reported  amounts  of
assets  and  liabilities  as of the date of the financial statements
and revenues and expenses for  the  period  reported. Actual results
may differ from these estimates.

Comprehensive Income

Statements  of  Financial Accounting Standards  No.  130,  Reporting
Comprehensive Income  (SFAS  130), requires that total comprehensive
income be reported in the financial statements. The Company does not
have any items considered to be  other  comprehensive income for the
year ended December 31, 2004.

Fixed Assets

Fixed  assets  are  stated  at  cost. Expenditures  that  materially
increase   the  life  of  the  assets  are   capitalized.   Ordinary
maintenance  and  repairs  are  charged to expense as incurred. When
assets are sold or otherwise disposed  of,  the cost and the related
accumulated  depreciation  and  amortization are  removed  from  the
accounts and any resulting gain or loss is recognized at that time.

Depreciation is computed primarily  on  the straight-line method for
financial  statement  purposes over the following  estimated  useful
lives:

   Computer equipment           5 years
   Furniture and fixtures       7 years
   Office equipment             5 years
   Equipment and machinery     20 years


All assets are booked at  historical  purchase price and there is no
variance between book value and the purchase price.

Revenue Recognition

We recognize revenues when survey data is delivered to the client in
accordance with the terms of our agreements.  Research  products are
delivered within a short period, generally ranging from a  few  days
to  approximately  eight  weeks. An appropriate deferral is made for
direct costs related to contracts  in  process,  and  no  revenue is
recognized  until  delivery  of  the  data has taken place. Billings
rendered in advance of services being performed, as well as customer
deposits received in advance, are recorded  as  a  current liability
included  in deferred revenue. We are required to estimate  contract
losses, if  any,  and provide for such losses in the period they are
determined and estimable. We do not believe that there are realistic
alternatives to our  revenue  recognition  policy  given  the  short
period  of service delivery and the requirement to deliver completed
surveys to  our  customers.  We  do not believe there is significant
risk  of recognizing revenue prematurely  since  our  contracts  are
standardized,  the  earnings  process is short and no single project
accounts for a significant portion of our revenue.

Intangible Assets

The Company has adopted SFAS No. 142, "Goodwill and Other Intangible
Assets", which requires that goodwill  and  other  indefinite  lived
intangible assets are no longer amortized, but reviewed annually, or
sooner  if  deemed necessary, for impairment. Intangible assets with
finite lives are amortized over the useful life. Under guidance from
SFAS No. 142,  management  has  determined  that  the  assets in the
subsidiaries  determined  to  be  discontinued operations should  be
impaired. The respective assets have been written down. See Note 13
Discontinued Operations.

Net Income Per Share

Basic net income per share is computed  using  the  weighted average
number of shares of common stock outstanding for the period end. The
net  income  (loss)  for  the period end is divided by the  weighted
average number of shares outstanding  for  that  period to arrive at
net income per share.

Diluted  net income per share reflects the potential  dilution  that
could occur  if  the  securities  or other contracts to issue common
stock were exercised or converted into common stock.

Compensated Absences

The Company has made no accrual for vacation or sick pay because the
Company does not provide for these benefits.

Advertising

Advertising costs are expensed when  incurred.  Advertising  for the
year ended December 31, 2004 amounted to $3,176.

Research and Development

The  Company  expenses  its  research and development in the periods
incurred.

Concentrations of Credit Risk

Credit risk represents the accounting  loss that would be recognized
at  the  reporting  date  if counter parties  failed  completely  to
perform as contracted. Concentrations  of credit risk (whether on or
off balance sheet) that arise from financial  instruments  exist for
groups  of  customers  or  counter  parties  when  they have similar
economic  characteristics  that  would cause their ability  to  meet
contractual  obligations  to be similarly  affected  by  changes  in
economic or other conditions described below.

The Company operates in one  segment,  the market research industry.
100% of the Company's customers are located within the United States
of America.

During the year ended December 31, 2004, the Company had three major
clients, The National Research Group and  Roper ASW each account for
about  10%  of  sales each year and Sandelman  &  Associates,  which
accounts for about  25%  of sales each year. Management believes the
loss  of  one  of  these key clients  would  materially  affect  the
operations of the company in the short term.

Convertible Debt Financing and Derivative Liabilities

In accordance with Statement  of  Financial Accounting Standards No.
133, "Accounting for Derivative Instruments and Hedging Activities,"
as amended ("SFAS 133"), the holder's  conversion  right  provision,
interest rate adjustment provision, liquidated damages clause,  cash
premium  option,  and  the redemption option (collectively, the debt
features) contained in the terms governing the Notes are not clearly
and  closely  related  to  the   characteristics   of   the   Notes.
Accordingly,   the   features   qualified   as  embedded  derivative
instruments at issuance and, because they do  not  qualify  for  any
scope  exception  within SFAS 133, they were required by SFAS 133 to
be accounted for separately from the debt instrument and recorded as
derivative financial instruments.

During the year ended  December  31,  2004,  we  recorded  an  other
expense  item  of  $2,489,116,  of  which,  $1,639,953 (expense) and
$849,163  (expense)  related  to  the  debt features  and  warrants,
respectively, to reflect the change in fair  value of the derivative
liability. During the year ended December 31,  2003,  there  was  no
income  or  expense  items  related to convertible debt as there was
none outstanding.

At each balance  sheet  date,  we  adjust  the  derivative financial
instruments   to   their  estimated  fair  value  and  analyze   the
instruments to determine  their  classification  as  a  liability or
equity.  As  of December 31, 2004, the estimated fair value  of  our
derivative liability  was  $2.41  million,  as  well  as  a  warrant
liability  of  $1.79 million. As of December 31, 2003, there was  no
asset or liability  related  to convertible debt. The estimated fair
value  of the debt features was  determined  using  the  probability
weighted  averaged  expected  cash  flows / Lattice Model. The model
uses   several   assumptions  including:  historical   stock   price
volatility (utilizing  a rolling 120 day period), risk-free interest
rate (3.50%), remaining  maturity,  and  the  closing  price  of the
Company's  common  stock  to  determine  estimated fair value of the
derivative asset. In valuing the debt features at December 31, 2004,
the company used the closing price of $0.65  and  the exercise price
of $0.30. For the year ended December 31, 2004, due  in  part  to an
increase  in the market value of the Company's common stock to $0.65
from $0.40 at issuance, the Company recorded an "other expense" item
on the consolidated  statement  of operations for the change in fair
value of $1,639,953. At December  31, 2004, the estimated fair value
of  the debt features was approximately  $2,408,178.

Recently Issued Accounting Pronouncements

FASB   Interpretation  46R  "Consolidation  of   Variable   Interest
Entities",  as  revised  (FIN  46R), requires that variable interest
entities created before December 31, 2003 be consolidated during the
first interim period beginning after  December  15, 2003. Management
does not believe this pronouncement will have a material  effect  on
the financial statements of the company.

In  January,  2004  the  Financial Accounting Standards Board issued
Statement of Financial Accounting  Standards  No. 132 (revised 2003)
"Employers'  Disclosures  about  Pensions  and Other  Postretirement
Benefits", an amendment of FASB Statements No.  87, 88, and 106. The
Statement  revises  employers' disclosures about pension  plans  and
other  postretirement  benefit  plans.  The  statement  retains  the
disclosure  requirements  contained in FASB Statement No. 132, which
it replaces, and requires additional  annual  disclosures  about the
assets,  obligations,  cash flows, and net periodic benefit cost  of
defined   benefit  pension   plans   and   other   defined   benefit
postretirement  plans.  Statement  No.  132R  requires us to provide
disclosures in interim periods for pensions and other postretirement
benefits. Management does not believe this pronouncement will have a
material effect on the financial statements of the company.

In November 2004, the FASB issued SFAS No. 151,  "Inventory Costs an
amendment  of ARB No. 43, Chapter 4." This Statement  clarifies  the
accounting for  abnormal  amounts of idle facility expense, freight,
handling costs, and wasted  materials.  This  Statement is effective
for  inventory  costs incurred during fiscal years  beginning  after
June 15, 2005. Management  does  not believe this pronouncement will
have a material effect on the financial statements of the company.

In December 2004, the FASB issued SFAS No. 152, "Accounting for Real
Estate Time-Sharing Transactions -  an  amendment of FASB Statements
No. 66 and 67." This Statement references  the  financial accounting
and  reporting  guidance  for real estate time-sharing  transactions
that is provided in AICPA Statement  of  Position  04-2, "Accounting
for  Real  Estate  Time-Sharing  Transactions." This Statement  also
states  that  the  guidance  for  incidental  operations  and  costs
incurred to sell real estate projects  does not apply to real estate
time-sharing transactions. This Statement is effective for financial
statements  for  fiscal  years  beginning  after   June   15,  2005.
Management does not believe this pronouncement will have a  material
effect on the financial statements of the company.



          F-11
<PAGE>
(cont)

In  December  2004,  the  FASB  issued  SFAS  No. 153, "Exchanges of
Nonmonetary  Assets  -  an amendment of APB Opinion  No.  29."  This
Statement eliminates the  exception  for  nonmonetary  exchanges  of
similar  productive  assets and replaces it with a general exception
for exchanges of nonmonetary  assets  that  do  not  have commercial
substance.  A nonmonetary exchange has commercial substance  if  the
future cash flows of the entity are expected to change significantly
as  a result of  the  exchange.  This  Statement  is  effective  for
nonmonetary  asset  exchanges  occurring in fiscal periods beginning
after June 15, 2005. The Company does not expect application of SFAS
No. 153 to have a material affect on its financial statements.

Accounts Receivable

Accounts receivable are stated at  the  amount management expects to
collect from outstanding balances. Management  provides for probable
uncollectible amounts through a charge to earnings and a credit to a
valuation allowance based on its assessment of the current status of
individual accounts. Balances outstanding after  management has used
reasonable collection efforts are written off through  a  charge  to
the  valuation  allowance and a credit to trade accounts receivable.
Changes in the valuation  allowance  have  not  been material to the
financial statements.

Stock Based Compensation

The Company applies Accounting Principles Board ("APB")  Opinion No.
25, Accounting for  Stock   Issued   to   Employees,   and   Related
Interpretations,   in   accounting   for  stock  options  issued  to
employees.  Under  APB  No.  25,  employee   compensation   cost  is
recognized when estimated fair value of the underlying stock on date
of  the grant exceeds exercise price of the stock option. For  stock
options  and  warrants  issued to non-employees, the Company applies
SFAS  No.  123,  Accounting   for  Stock-Based  Compensation,  which
requires the recognition of compensation  cost  based  upon the fair
value  of  stock  options  at the grant date using the Black-Scholes
option pricing model.

The following table represents  the  effect on net loss and loss per
share if the Company had applied the fair  value  based  method  and
recognition   provisions   of   Statement  of  Financial  Accounting
Standards (SFAS) No. 123, "Accounting for Stock-Based Compensation",
to stock-based employee compensation for the year ended December 31,
2004 and 2003:


                                       		    2004         2003
Net loss, as reported                         	$(6,052,366) $ (246,533)
Add: Stock-based employee
 compensation expense
 included in reported loss,
 net of related tax effects                              --	     --
Deduct: Total stock-based employee
  compensation expense determined
  under fair value based methods
  for all awards, net of related tax effects  	   (202,991)         --
						-----------  ----------
 Pro forma net loss                             $(6,255,357) $ (246,533)

 Net loss per common share:
 Basic loss per share, as reported              $(0.39)      $	  (0.03)
 Fully diluted loss per share, as reported      $(0.36)      $    (0.03)
 Basic loss per share, pro forma                $(0.40)      $    (0.03)
 Fully diluted loss per share, pro forma        $(0.38)      $	  (0.03)

			     F-12
<PAGE>

There were no stock options granted for the year ended December 31,
2003. See Note 5 Warrants and Option. For the options granted in
November 2004, the company used the exercise price of $0.30, the
fair market value of $0.40 per share, a 5 year term, and 25%
volatility to determine the value of the options. The latter options
do not vest until January 2005.

NOTE 3 - PROPERTY AND EQUIPMENT

 Property and equipment are made up of the following as of December
31, 2004:

  Equipment and machinery              $ 472,500
  Office equipment                       690,680
  Leasehold improvements                   9,959
  Accumulated depreciation              (491,793)
				       ---------
				       $ 681,346

NOTE 4 - RECEIVABLE FROM NUTEK OIL - ASSET HELD FOR SALE

On April 14, 2005, DSEN filed a Current Report on Form 8-K, relating
to the conversion of the South Texas Oil Company asset held for sale
into shares in South Texas Oil Company (formerly known as Nutek Oil)
and will be distributing its ownership  interest  in South Texas Oil
Company to shareholders of DSEN.

The   dividend   will  take  the  form  of  a  dividend  certificate
representing restricted  common  stock, which will be distributed to
DSEN's beneficial stockholders of  record  as  of the record date of
April 27, 2005.

The stock dividend will be distributed to owners  of  DSEN's  common
stock  as  of the record date in a ratio of one share of South Texas
Oil Company,  for approximately every 18 shares of common stock held
in DSEN.

On December 31, 2004 the company reviewed any need for impairment of
assets per SFAS 144. A loan is considered impaired if it is probable
that the creditor  will  be  unable to collect all amounts due under
the  contractual  terms of the loan  agreement.  In  evaluating  the
impairment of the assets  of  the  company  at year end, the company
considered, among other items, (1) materiality  of  the  asset,  (2)
previous  loss  experience,  and  (3)  assets  that  are not readily
marketable or susceptible to decline in value.

After  discussions  with the Board and with the management  of  both
Datascension, and Nutek  Oil,  it  was  determined to be in the best
interest  of  the  Company  and shareholders  for  the  note  to  be
converted to stock and distributed to the shareholders.

Pursuant to the previous dividends  on August 1, 2001 and January 8,
2004, the company determined it was in  the  best  interest  of it's
shareholders  to  convert  the  balance  of the note into the common
stock  of  Nutek  Oil  and distribute the pro  rata  shares  to  our
shareholders. This coincides  with managements plan to write off any
assets which are attributable to  the  history  of the company which
are non-operational in nature, etc.

As of the December 31, 2004, the value of the loan  to  be converted
is $1,015,014 and is classified on the balance sheet of the  Company
as an Asset Held For Sale.

The  stock  of  Nutek  Oil  traded over $1.00 during the week of the
conversion to settle the debt  owed  to  Datascension. The stock has
since traded as high as $1.25. Management  felt  strongly  that  the
shareholders  and  company were never at risk of losing the value of
the receivable. When  Datascension made the agreement to convert the
receivable  into the stock  of  Nutek  Oil,  it  was  agreed  to  be
converted at  the  $1,015,014  value  of stock. The number of shares
(957,349) was only later determined based  on the then average price
of $1.06. Management did not feel there was  a  risk of shareholders
receiving less than full credit for the value of the note.


NOTE 5 - STOCKHOLDERS' EQUITY

 During the fiscal year ended December 31, 2004, the Company issued
securities using the exceptions available under the  Securities  Act
of  1933  including unregistered sales made pursuant to Section 4(2)
of the Securities Act of 1933 as follows:

 On April 20,  2004,  500,000  pre split shares of restricted common
stock valued at $.05 per share were issued pursuant to a  consulting
agreement in connection with  which  we  received  certain  investor
relations services. The issuance  of  these securities was  effected
through  a  private transaction not involving a public  offering and
was exempt  from  the  registration provisions of the Securities Act
pursuant to Section 4(2) thereof.

 On April 20, 2004, 2,970,833 pre split shares of restricted  common
stock

			     F-13
<PAGE>
(cont)

valued at $.03 per share were issued to sophisticated investors  who
indicated that they had such knowledge  and experience in  financial
matters that they were capable of evaluating the  merits  and  risks
of the investment. The individuals took their  shares for investment
purposes  without   a  view   to  distribution  and  had  access  to
information  concerning  the  Company.    The  issuance   of   these
securities was effected through a private transaction not  involving
a public offering  and  was  exempt from the registration provisions
of  the Securities Act pursuant to Section 4(2) thereof.

 On June 30, 2004, 750,000 pre  split  shares  of  restricted common
stock   valued   at  $.03  per  share  were  issued  pursuant  to  a
consulting agreement in connection with which  we  received  certain
legal services.The issuance of these securities was effected through
a private  transaction  not involving  a  public  offering  and  was
exempt  from  the  registration  provisions  of  the  Securities Act
pursuant to Section 4(2) thereof.

 On September 3,  2004,  1,000,000  pre  split  shares of restricted
common stock valued at $.05  per share were issued to a note  holder
in satisfaction of amounts due. The issuance of these securities was
effected  through  a  private  transaction  not  involving  a public
offering and was exempt from  the  registration  provisions  of  the
Securities  Act pursuant to Section 4(2) thereof.

 On September 30, 2004, 62,269 pre split shares of restricted common
stock valued  at  $.06  per share  were  issued  to  SRC Bondholders
in  satisfaction  of  amounts  due  to  them. The  issuance of these
securities  was   effected   through   a  private   transaction  not
involving a public offering and  was  exempt  from the  registration
provisions  of  the Securities Act pursuant to Section 4(2) thereof.

 On December 31, 2004, the holders of 39,500 shares of our  Series A
convertible preferred stock elected  to  convert  such  shares  into
3,950,000 shares of our common stock. These  shares  had  originally
been converted from common  stock  to Series A  Preferred  stock  on
December 27,  2001  at  $5.42 per  share.  These  conversions   were
the   effected  through  private transactions not involving a public
offering  and  were  exempt  in  each  case  from  the  registration
provisions of the Securities Act pursuant to Section 4(2) thereof.

 On November 17, 2004, DSEN issued  an  aggregate  of $1,875,000  in
Convertible Debentures, pursuant to a Securities Purchase  Agreement
(the "Agreement") to  the  following: $350,000 Convertible Debenture
to Alpha Capital Aktiengesellschaft, $525,000  Convertible Debenture
to the Longview Equity  Fund LP,  $775,000 Convertible  Debenture to
the Longview  Fund  LP.,  and $225,000 Convertible Debenture  to the
Longview International Equity Fund, LP. In addition,  issued  common
stock  purchase  warrants  to  purchase  3,125,000  shares  of  DSEN
common stock to the above note holders,at an exercise price of $0.30
 per share.

 On December 31, 2004,  300,000  post  split  shares of common stock
valued   at  $.20  per  share  were  issued  to  four  employees  in
consideration  of terms under  their  employment  agreements,  which
granted stock awards of common shares to certain employees.





				     F-14
<PAGE>
(cont)

The issuance of these securities  was  effected through a private
transaction not involving a public offering and was exempt from the
registration  provisions of the Securities Act pursuant  to  Section
4(2) thereof and/or  the  federal  small  issue  exception for bonus
shares of reporting companies.

Options / Warrants
On  December  31,  2004,  four  employees were given the  option  to
purchase additional shares of common  stock for $0.30. These options
do not vest until January 2005 and at such  time,  the  company will
recognize a compensation expense for the fair market value  of those
options,  which  is  anticipated to be the fair market value of  the
common stock minus the exercise price of the respective options. See
Note 2 Stock Based Compensation,  Note 7 Convertible Notes, and Note
12 Warrants and Options.

NOTE 6 - NOTES PAYABLE

The Company has entered into agreements for long-term notes payable.
Long-term
notes payable consists of the following at December 31, 2004:

Note payable to a vendor, no specific repayments terms
and no stated interest rate. Secured by assets.     	$ 40,000

Note payable to a vendor, monthly payments of $348
inclusive of 7% annual interest through September 2006,
secured by equipment.                                  	   6,245

Note payable to a vendor, monthly payments
of $7,375 inclusive of 10.83% annual interest through
December 2006, secured by equipment.                     158,510

Note payable to a vendor, monthly payments of $906,
inclusive of 12% annual interest through February 2006.
Secured by equipment.                                 	  15,000
                                                       ---------
                                                         219,755
Less current portion                                    (116,207)
                                                      ----------
                                                      $  103,548

Principal maturities are as follows:

 Twelve months ended December 31,
   2005              $   4,125
   2006                 33,893
   2007                 65,530
                      --------
                     $ 103,548


Additionally, the company has the following short term notes payable as of
December 31, 2004.

 Dell Financial Services  $  3,467
 Public Relations Contract  60,000
 Wells Fargo Credit Card    48,577
 Advanta Credit Card         9,698
                        ----------
  Total                    121,742


Convertible debentures consist  of  the  following  at  December
31, 2004, and December 31, 2003:

<TABLE>
<CAPTION>
                                                  2004           2003
<S>                                               <C> <C>
<C> <C> <C>
8%  convertible subordinated debentures,
due in November 2007, convertible
into shares of common  stock  at               1,875,000     	    -
any time prior to maturity.
Interest is payable quarterly,
and principal is due at maturity.
					       ---------	-----
					       1,875,000     	    -
Less:  Discount being accrete		      (1,652,639)          (-)
Plus:  Accrued interest                           18,750           (-)
 					       ---------	-----
Total debt					 241,111    	    -
Less: current portion				      (0)    	   (-)
					       ---------	-----
Convertible debentures, less current portion   $ 241,111  	$   -
					       ---------	-----
</TABLE>



Included  in  the  above values is $18,750 of accrued interest
related  to  the
convertible notes as of December 31, 2004.


			     F-15
<PAGE>

NOTE 7 - CONVERTIBLE NOTES PAYABLE AND DEBENTURES


NOTES PAYABLE - $1,875,000, NOVEMBER 2004

In November 2004, the Company issued  $1,875,000 in principal amount
of Notes to third parties. As part of the financing transaction, the
Company issued warrants to purchase 3,125,000 shares of common stock
at a per share purchase price of $0.30 per share.

The Notes accrue interest at a rate of  prime  +  3%  per annum. The
Notes are due and payable in November 2007.  After a thorough review
of the terms of the note and respective covenants, the  company  has
determined the more conservative method of including the entire debt
as  a  current liability on the balance sheet.  The convertible note
and warrant  documents  were  filed  in  an  8-K  by  the Company on
November 23, 2004. The Note was entered into pursuant to  the  terms
of  a  subscription  agreement  between  the Company and the Holder,
which was also included in the 8-K filed on November 23, 2004.

Interest  payable  on this Note shall accrue  at  the  "prime  rate"
published in The Wall  Street  Journal from time to time, plus three
percent  (3%).  The Interest Rate  shall  not  be  less  than  eight
percent (8%).   Interest  shall  be  calculated  on  a 360 day year.
Interest   on   the  Principal  Amount  shall  be  payable  monthly,
commencing 120 days  from  the  closing and on the first day of each
consecutive calendar month thereafter (each, a "Repayment Date") and
on the Maturity Date.

Amortizing payments of the outstanding Principal Amount of this Note
shall commence on the first (1st)  Repayment Date and shall recur on
each succeeding Repayment Date thereafter until the Principal Amount
has been repaid in full.  On each Repayment Date, the Company should
make  payments  to the Holder in the amount  of  one-  thirty-second
(1/32nd) of the initial  Principal  Amount  (the  "Monthly Principal
Amount"), together with any accrued and unpaid interest plus any and
all other amounts which are then owing under this Note that have not
been paid (the Monthly Principal Amount, together with  such accrued
and  unpaid  interest  and  such  other  amounts, collectively,  the
"Monthly Amount"). Any Principal Amount that  remains outstanding on
the Maturity Date shall be due and payable upon maturity.

Following the occurrence and during the continuance  of  an Event of
Default (as discussed in the Note), the annual interest rate  on the
Note  shall automatically be increased by two percent (2%) per month
until such Event of Default is cured.

The Holder  shall  convert  into  shares  of Common Stock all at the
Fixed Conversion Price or the maximum portion  of the Monthly Amount
due on each Repayment Date provided that the average  closing  price
of  the  Common  Stock  for the twenty (20) consecutive trading days
immediately preceding such  Repayment  Date shall be greater than or
equal  to  15%  above  the  Fixed  Conversion   Price   ("Conversion
Criterion"). The Monthly Amount due on a Repayment Date that  is not
converted  shall  be paid by the Company (i) in cash at the rate  of
104% of such Monthly  Amount  otherwise  due, or (ii) in registered,
unlegended, free- trading Common Stock at an applied conversion rate
equal to eighty-five percent (85%) of the  average  of  the five (5)
lowest  closing  bid  prices  for  the preceding twenty (20) trading
days.

The Notes also provide for liquidated  damages  on the occurrence of
several events.

As  compensation to the Subscriber, the Company agrees  to  pay  (as
liquidated damages and not as a penalty) $100 per business day after
the Delivery  Date  for  each $10,000 of Note principal amount being
converted  of  the  corresponding   Shares   which  are  not  timely
delivered.

An  additional  liquidating  damages provision states  that  if  the
Company fails to deliver to the Subscriber such shares issuable upon
conversion of a Note by the Delivery  Date and if seven (7) business
days  after  the Delivery Date the Subscriber  purchases  shares  of
Common Stock to deliver in satisfaction of a sale by such Subscriber
of the Common  Stock  which  the  Subscriber was entitled to receive
upon such conversion (a "BUY-IN"),  then  the  Company  shall pay in
cash to the Subscriber (in addition to any remedies available  to or
elected  by the Subscriber) the amount by which (A) the Subscriber's
total purchase  price  for  the  shares of Common Stock so purchased
exceeds (B) the aggregate principal  and/or  interest  amount of the
Note for which such conversion was not timely honored, together with
interest  thereon  at  a rate of 15% per annum, accruing until  such
amount and any accrued interest  thereon  is  paid  in  full  (which
amount  shall  be  paid as liquidated damages and not as a penalty).
For example, if the  Subscriber  purchases  shares  of  Common Stock
having  a  total  purchase  price of $11,000 to cover a Buy-In  with
respect to an attempted conversion  of  $10,000  of  note  principal
and/or interest, the Company shall be required to pay the Subscriber
$1,000,  plus  interest.  The  Subscriber  shall provide the Company
written notice indicating the amounts payable  to  the Subscriber in
respect of the Buy-In.

Additionally, if the Company is unable to deliver to  the  holder of
Registrable Securities, then as Liquidated Damages, an amount  equal
to  two  percent  (2%)  for  each  thirty (30) days or part thereof,
thereafter of the Purchase Price of  the Notes remaining unconverted
and purchase price of Shares issued upon  conversion  of  the Notes.
The  Company  must  pay  the Liquidated Damages in cash or an amount
equal to two hundred percent of such cash Liquidated Damages if paid
in additional shares of registered unlegended free-trading shares of
Common Stock. Such Common Stock shall be valued at a per share value
equal to 85% of the average  of  the  five  (5)  lowest  closing bid
prices  of  the  Common  Stock  for  the  twenty  (20)  trading days
preceding  the  first day of each thirty (30) day or shorter  period
for which Liquidated Damages are payable.  As of December 31,  2004,
no liquidating damages have been incurred by the company.

Redemption Option  -  The  Company will have the option of prepaying
the outstanding Principal Amount  ("Optional  Redemption"), in whole
or  in  part, by paying to the Holder a sum of money  equal  to  one
hundred  twenty  percent  (120%)  of  the  Principal  Amount  to  be
redeemed, together with accrued but unpaid interest thereon

Debt features.  The  Holder  shall  have  the  right,  but  not  the
obligation,  to  convert  all  or  any portion of the then aggregate
outstanding Principal Amount of this  Note,  together  with interest
and fees due hereon, into shares of Common Stock.

The  $1,875,000  in  proceeds  from  the financing transaction  were
allocated to the debt features and to  the warrants based upon their
fair values. After the latter allocations,  there  was  $170,061  of
remaining  value  to  be  allocated  to  the  Note  on the financial
statements.

The  debt  discount  is being accreted using the effective  interest
method over the term of the note.

The value of the discount  on  the  converted  notes on the books is
being  accreted  over the term of the note (three  years).  For  the
years ended December 31, 2004 and 2003, the Company accreted $52,300
and $0, respectively, of debt discount related to the Notes.

WARRANTS ISSUED

The estimated fair value  of  the  3,125,000  warrants  at  issuance
(11/11/2004)  was  $936,714  and has been classified as a derivative
instrument  and recorded as a liability  on  the  Company's  balance
sheet  in  accordance   with  current  authoritative  guidance.  The
estimated fair value of the warrants was determined using the Black-
Scholes option-pricing model  with  a  closing  price  of  $0.40, an
exercise price of $0.30, a 5.0 year term, and a volatility factor of
89%. The model uses several assumptions including: historical  stock
price  volatility  (utilizing  a  rolling 120 day period), risk-free
interest rate (3.50%), remaining maturity,  and the closing price of
the Company's common stock to determine estimated  fair value of the
derivative liability. In valuing the warrants at December  31, 2004,
the  company used the closing price of $0.65, the exercise price  of
$0.30,  a  4.88  year  remaining  term,  and a volatility of 116% In
accordance  with  the  provisions of SFAS No.  133,  Accounting  for
Derivative Instruments,  the  Company  is  required  to  adjust  the
carrying  value  of the instrument to its fair value at each balance
sheet date and recognize  any  change  since the prior balance sheet
date  as  a  component  of  Other  Income  (Expense).   The  warrant
derivative liability at December 31, 2004, had increased  to  a fair
value  of $1,785,877, due in part to an increase in the market value
of the Company's common stock to $0.65 from $0.40 at issuance, which
resulted  in  an  "other  expense" item of $849,163 on the Company's
books.

The  recorded  value  of such warrants can  fluctuate  significantly
based  on  fluctuations  in  the  market  value  of  the  underlying
securities  of  the issuer of  the  warrants,  as  well  as  in  the
volatility of the  stock  price during the term used for observation
and the term remaining for the warrants.

In accordance with Statement  of  Financial Accounting Standards No.
133, "Accounting for Derivative Instruments and Hedging Activities,"
as amended ("SFAS 133"), the debt features  provision (collectively,
the features) contained in the terms governing  the  Notes  are  not
clearly  and  closely  related  to the characteristics of the Notes.
Accordingly,   the  features  qualified   as   embedded   derivative
instruments at issuance  and,  because  they  do not qualify for any
scope exception within SFAS 133, they were required  by  SFAS 133 to
be accounted for separately from the debt instrument and recorded as
derivative financial instruments.

DEBT FEATURES

Pursuant  to the terms of the Notes, these notes are convertible  at
the option of the holder, at anytime on or prior to maturity.  There
is an additional  interest  rate  adjustment  feature,  a liquidated
damages  clause,  a  cash  premium option, as well as the redemption
option.  The debt features represents an embedded derivative that is
required to be accounted for  apart  from  the underlying Notes.  At
issuance  of  the  Notes  (11/11/2004),  the debt  features  had  an
estimated initial fair value of $768,225,  which  was  recorded as a
discount to the Notes and a derivative liability on the consolidated
balance  sheet. In subsequent periods, if the price of the  security
changes, the embedded derivative financial instrument related to the
debt  features   will  be  adjusted  to  the  fair  value  with  the
corresponding charge  or  credit  to  other  expense or income.  The
estimated fair value of the debt features was  determined  using the
probability  weighted  averaged expected cash flows / Lattice  Model
with a closing price of  $0.40,  an  exercise  price of $0.30, a 3.0
year  term, and a volatility factor of 89%. The model  uses  several
assumptions  including: historical stock price volatility (utilizing
a  rolling  120   day  period),  risk-free  interest  rate  (3.50%),
remaining maturity,  and  the  closing price of the Company's common
stock to determine estimated fair value of the derivative liability.
In valuing the debt features at  December 31, 2004, the company used
the closing price of $0.65 and the  exercise  price  of  $0.30, 2.88
year  remaining  term, and a volatility of 116%. For the year  ended
December 31, 2004, due in part to an increase in the market value of
the Company's common  stock  to  $0.65  from  $0.40 at issuance, the
Company recorded an "other expense" on the consolidated statement of
operations  for  the change in fair value of the  debt  features  of
approximately $1,639,953.  At  December 31, 2004, the estimated fair
value  of the debt features was approximately  $2,408,178.

The recorded value of the  debt  features  related  to the Notes can
fluctuate significantly based on fluctuations in the  fair  value of
the  Company's  common  stock,  as  well as in the volatility of the
stock  price  during  the term used for  observation  and  the  term
remaining for the warrants.

Pursuant to the terms of  the  Notes,  the Company has the option of
prepaying the outstanding Principal Amount  in  whole or in part, by
paying  to  the  Holder a sum of money equal to one  hundred  twenty
percent (120%) of the Principal Amount to be redeemed, together with
accrued but unpaid interest thereon and any and all other sums due.

Because  the  terms  of  the  2004  convertible  note  require  such
classification, the accounting rules required additional convertible
notes  and  non-employee   warrants   to   also   be  classified  as
liabilities,  regardless  of  the terms of the new notes  and  /  or
warrants.  This presumption has  been  made  due  to  the company no
longer having the control to physical or net share settle subsequent
convertible  instruments because it is tainted by the terms  of  the
2004 convertible notes.  Were the 2004 convertible notes to not have
contained those  terms  or  even  if  the  2004 transaction were not
entered into, it could have altered the treatment  of  the March 31,
2005  notes and the conversion features of the latter agreement  may
have resulted in a different accounting treatment from the liability
classification.  The  March 31, 2005 note, as well as any subsequent
convertible  notes  or  warrants,  will  be  treated  as  derivative
liabilities until all such provisions are settled.

NOTE 8 - INCOME TAXES

Deferred income taxes result from timing differences in the
recognition of
expense for tax and financial statement purposes. Statements of
Financial
Accounting Standards No. 109 "Accounting for Income Taxes", (SFAS
109) requires
deferred tax liabilities or assets at the end of each period to be
determined
using the tax rate expected to be in effect when taxes are actually
paid or
recovered. The sources of those timing differences and the current
tax effect
of each were as follows:

                                                Year
                                               Ended
                                           December 31, 2004
           Depreciation and amortization       $  7,768
           Net operating loss carry forward       6,365
           Valuation allowance                  (14,133)
                                               --------
                                               $      -


The components of the net deferred tax asset at December  31,  2004
under SFAS
109 are as follows:

           Depreciation and amortization      $ 1,000,531
           Net operating loss carryforward     (1,288,138)
           Valuation allowance                    287,607
                                              -----------
                                              $         -


Reconciliations  between  the  actual  tax  expense and the amount
computed  by applying  the  U.S.  Federal Income Tax rate to  income  before
taxes  are  as follows:


                                               Year               Percent of
                                                Ended               Pretax
                                         December 31, 2004          Income
           Expected                      $    14,133                  34%
           Valuation allowance               (14,133)                (34%)
                                 	 -----------               ------
           Actual expense                $     -                       0%


NOTE 9 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES

The Company has $135,533 in accounts payable and approximately
$1,390,880 in accrued payroll costs for the operations of the
California, Nevada, Costa Rica, and Dominican Republic location
as of December 31, 2004.





					F-17
<PAGE>

NOTE 10 - RELATED PARTY TRANSACTIONS

As of December 31, 2004, the Company has an outstanding note payable
to Murray Conradie, the Company's  CEO,  in  the  amount of $30,688.
This payable accrues interest at 1% monthly due on  the first day of
each month.

As of December 31, 2004, the Company has an outstanding note payable
to Scott Kincer,  the Company's COO, in the amount of $29,000.  This
payable accrues interest at 1% monthly due on the first day of  each
month.

As of December 31, 2004, the Company has an outstanding note payable
to Jason Griffith,  the  Company's  CFO, in the amount of $350. This
payable accrues interest at 1% monthly due on the first day of  each
month.

NOTE 11 - CONTINGENCIES AND COMMITMENTS

Leases
The Company is committed under several non-cancelable lease
agreements for office space with various termination dates through
2011.

At December 31, 2004, aggregate future minimum payments under these
leases, are as follows:

                 Twelve months ended December 31,
           2005                            $   152,141
           2006                                133,259
           2007                                105,773
           2008                                105,773
           2009                                      -
           Thereafter                                -
                                    -----------
           Total minimum lease payments    $   496,946

NOTE 12 - WARRANTS AND OPTIONS

The Company has adopted FASB No. 123 and will account for stock
issued for services and stock options under the fair value method.

The following table sets forth the options granted in 2004 to each
of the directors and executive officers:

     Option/SAR Grants in Last Fiscal Year (Individual Grants):

                   Number of    Percent of total
                   Securities       Options/SARs
                  Underlying       granted to    Exercise or
                  Options/SARS  employees in      base price    Expiration
        Name     Granted       fiscal year        ($/Share)    date
     ----------   ----------    --------------    ---------   -----------
Murray N. Conradie    540,000        36.4          $0.30       1/1/10

Scott Kincer          540,000        36.4          $0.30       1/1/10

Jason F. Griffith     270,000       18.8           $0.30       1/1/10

Joey Harmon           135,000       9.1            $0.30       1/1/10




				     F-18
<PAGE>

There were no other options granted  or  exercised  by the directors
and executive officers during the year ended December 31, 2004.

Compensation  cost  for  options granted to employees has  not  been
recognized in the accompanying  financial  statements. These options
do not vest until January 2005.  See Note 2 Stock Based Compensation
for proforma disclosures.

As  discussed  in  Note  7  Convertible  Notes, the  company  issued
3,125,000 warrants
for  the purchase of common stock at $0.30  to  four  (4)  different
entities related to a convertible note.

The following  is  a  schedule  of  the  activity  relating  to  the
Company's stock
options and warrants.


                                      Year Ended        Year Ended
                                  December 31, 2003  December 31, 2004
                                   --------------     --------------
                                   Weighted Avg.      Weighted Avg.
                                  Shares Exercise     Shares   Exercise
                                 (x 1,000)  Price    (x1,000)  Price
                                 --------- --------- -------- -----------
Options and warrants
 outstanding at
 beginning of year                  -      $ -       -         $ -


Granted:
 Options                            -      $ -      1,485      $ 0.30
 Warrants                           -      $ -      3,125      $ 0.30
Exercised                           -      $ -         -       $ -
Expired:
Warrants                            ( - )  $ -         -       $ -
                                    ----  -----      ----      ----

Options and warrants
 outstanding and
 exercisable at end
 of period                          -      $ -      4,610      $ -
                                    ====   ======   ====       ===

Weighted average fair
 value of options and
 warrants granted during
 the year  				   $ - 			$ -

The following table summarizes information about the Company's stock options
and warrants outstanding at December 31, 2004, all of which are exercisable.

                Weighted Average
   Range of          Number          Remaining     Weighted Average
 Exercise Prices  Outstanding     Contractual Life  Exercise Price
--------------- ---------------- ----------------- -----------------
 $ 0.30  	4,610,000 		5 years  	$ 0.30
     F-19
<PAGE>

NOTE 13 - DISCONTINUED OPERATIONS

Management has determined it is in the best interest of shareholders
to  write  off  all impaired assets and business which conflict with
the core operation  of  the  company,  the market research industry.
This  write  of  discontinued  operations includes  the  assets  and
activities of SRC International  and Kristi & Company. The assets of
Century  Innovations have been distributed  as  well.  See  Note  14
Investment in Century Innovations.

As a result  of receiving the current funding, the plans to spin off
of Datascension International have been put on hold indefinitely.

With the receipt  of  funding  in  November,  the decision to remove
Century Innovations and write down the impaired  assets  in  the non
operating  subsidiaries,  the  company  effectively  made the single
focus of the company the call center operation and with the recently
announced  changed  in  management (See Subsequent Event  Note)  the
company is furthering it's goal as having Datascension International
be the main focus of the company as a whole.

The company has expensed  all asset values and costs associated with
these entities as a line item  called Discontinued Operations on the
income statement.

The  company  has  stated  it  plans  on  focusing  on  Datascension
International, the call center subsidiary.  The expansions currently
are planned for the Costa Rica facilities.

NOTE 14 - INVESTMENT IN CENTURY INNOVATIONS

The Company previously distributed a portion  of  its  ownership  to
Datascension  shareholders. The Company has additionally distributed
all but 10% of its ownership in Century to Century as Treasury Stock
on the books of  Century.  It  will  remain as Treasury Stock on the
books of Century until the effectiveness  of  a Form 10 registration
to be filed by Century for the shares. Within sixty (60) days of the
Form  10's  effectiveness,  Century will work with  the  Company  to
distribute the shares to the then current Datascension shareholders.

NOTE 15 - SUBSEQUENT EVENTS

On March 3, 2005, the Company's Chief Executive Officer and Chairman
of the Board, Murray Conradie,  announced  his  resignation from the
Company to focus on the development of Nutek Oil  Inc.  This  change
will take effect on April 1, 2005.

Effective  April  1, 2005, Scott Kincer, the Company's current Chief
Operating Officer will  be appointed the Chief Executive Officer and
Chairman of the Board. It  is  not  anticipated  that  Mr.  Kincer's
employment contract will be altered or materially affected with this
change.

The  Company's  Chief  Financial Officer and member of the Board  of
Directors,  Jason  Griffith,  announced  his  resignation  from  the
Company to focus on  the  development  of his CPA firm and Nutek Oil
Inc. He will be transferring control of  the  recordkeeping  for the
Company to the California office as of April 1, 2005.

Both Mr. Conradie and Mr. Griffith will remain as consultants to the
Company.

As of April 1, 2005, the Company's corporate head office are located
at  145  S.  State  College  Blvd, Suite 350, Brea CA 92821. The new
company phone number will be 714-482-9750  and  714-482-9751  (fax).
This address and contact information is the current location for the
Datascension International California office.

				     F-20
<PAGE>

NOTE 16 - FOREIGN OPERATIONS

The company currently operates out of the United States, Costa  Rica
and  the Dominican Republic. The future plans of the company involve
the slowing growth at the Dominican Republic facility while focusing
on the potential and available growth in Costa Rica. Management does
not feel  there  is  a  currency  risk  or  need to assess a foreign
currency translation adjustment or other comprehensive  income  item
as  income  and  expense  items are negotiated in the US dollar. The
Company maintains their accountings  records in U.S. dollars and all
payments are made in US dollars. All debts  and  assets on the books
of the company are valued based on US dollars and are not translated
from  a  foreign currency amount. The Company currently  coordinates
all foreign  operations,  and supervision activities using part time
employees, consultants and  contract labor. Approximately 85% of the
company's workforce is outside  of the United States. Currently 100%
of  the  company's  clients are US based  companies.  Any  resulting
foreign  exchange  fluctuations   do   not  affect  the  payment  of
employees, contract labor or off shore operations.


NOTE 17 - RESTATEMENT OF FINANCIALS

2003

The net loss for 2003 was previously reported  as  $(182,895), while
the 2003 restated loss is $246,533, an increase of $63,638, which is
attributable to the increase in amortization expense of $63,638. The
effect of the restatement to the 2003 balance sheet  was  a decrease
in the asset value of the intangible assets which had previously not
been  amortized  correctly.  The value of the other assets decreased
$63,638.

2004

The  loss  after discontinued operations  for  2004  was  originally
$4,791,105,   while   the  2004  restated  loss  after  discontinued
operations is reported  as  $6,052,366,  an  increase of $1,261,261.
This  is  due  to  an  increase  in  other expenses related  to  the
convertible  debt  of $2,489,116, as well  as  an  increase  in  the
interest expense related to the convertible debt of $52,300, coupled
with a decrease in the  beneficial  conversion feature debt discount
expense  of $1,203,646, a decrease in  the  loss  from  discontinued
operations  of  $63,638,  and  a  decrease  in  interest  expense of
$12,871.

On  the 2004 balance sheet, the restatement resulted in the  removal
of $2,077,604  of  debt  discount  from  the other asset section, an
increase in prepaid expenses of $5,879. The  convertible debt in the
liability  section  of the company's financial statements  decreased
from $1,893,750 to $241,111,  while  there  was  an  increase in the
derivative liability from $0 to $2,408,178, as well as  an  increase
in  the  warrant  liability from $0 to $1,785,877 and a decrease  in
additional paid in capital of $3,300,000.

The basic loss per  share  increased  from  the  previously reported
$0.19 per share to $0.28 per share for the year ended  December  31,
2004, while the diluted loss per share increased from the previously
reported $0.18 per share to $0.26 per share.



<PAGE>

ITEM  8.   CHANGES  IN  AND  DISAGREEMENTS  WITH  ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE.

      On June 15, 2004, Gary V. Campbell, CPA, Ltd.  notified  DSEN  that  they
were  declining  to  stand  for  re-election  as  DSEN's independent auditor of
record. The Board of Directors accepted this decision  on  June  15, 2004.  The
Registrant   appointed   Larry   O'Donnell,  CPA,  P.C.,  as  the  Registrant's
independent accountants for the year ending December 31, 2004. The selection of
accountants  was  approved  by  the  Registrant's  Board  of  Directors.  Larry
O'Donnell, CPA, P.C. was engaged by the Registrant on June 18, 2004. During the
most recent two fiscal years and during  the  portion  of  2004  preceding  the
Board's  decision,  neither DSEN nor anyone engaged on its behalf has consulted
with Larry O'Donnell,  CPA,  P.C.  regarding:  (i)  either  the  application of
accounting principles to a specified transaction, either completed or proposed;
or  the  type  of  audit  opinion  that  might  be rendered on DSEN's financial
statements; or (ii) any matter that was either the  subject  of  a disagreement
(as defined in Item 304(a)(1)(iv) of Regulation S-K) or a reportable  event (as
described in Item 304(a)(1)(v) of Regulation S-K).

      The  audit reports issued by Gary V. Campbell, CPA, Ltd. with respect  to
the Registrant's  financial  statements  for December 31, 2003 and 2002 did not
contain an adverse opinion or disclaimer of  opinion, and were not qualified or
modified  as  to  uncertainty,  audit  scope  or accounting  principles.   From
December 12, 2002 through June 15, 2004, there  were  no  disagreements between
the  Registrant  and  Gary V. Campbell, CPA, Ltd. on any matter  of  accounting
principles or practices,  financial  statement  disclosure or auditing scope or
procedure, which disagreements, if not resolved to  the satisfaction of Gary V.
Campbell, CPA, Ltd., would have caused it to make a reference  to  the  subject
matter of the disagreement in connection with its audit report.

ITEM 8A.  CONTROLS AND PROCEDURES.

      Our  Chief  Executive  Officer  (CEO)  and  Principal  Financial  Officer
evaluated  the  effectiveness  of  our  disclosure  controls and procedures (as
defined  in  Rules 13a-15(e) and 15d-15(e) of the Securities  Exchange  Act  of
1934, as amended)  as  of  the  end of the period covered by this report. Based
upon the evaluation, concluded that  the disclosure controls and procedures are
effective in ensuring all required information  relating to DSEN is included in
this annual report.

      We also maintain a system of internal control  over  financial  reporting
(as  defined  in  Rules 13a-15(f) and 15d-15(f)) designed to provide reasonable
assurance regarding  the reliability of financial reporting and the preparation
of financial statements  for  external  purposes  in accordance with accounting
principles generally accepted in the United States  of America. During our most
recent fiscal quarter, there have been no changes in  our internal control over
financial  reporting  that  occurred  that  have  materially  affected  or  are
reasonably  likely  to materially affect our internal  control  over  financial
reporting.

The company has restated the December 31, 2004 10KSB, and anticipates restating
the March 31, 2005 10QSB, the June 30, 2005  10QSB, and the September 30,  2005
10QSB to reflect an adjustment in the treatment of the convertible debt entered
into in November 2004. Management is of the opinion that while the restatements
were made to the  financial  statements, the  company  still  maintains  effect
controls over its financial statements.This restatement is viewed as a one-time
error and is not reflective of the controls in place. The one time error in the
accounting treatment was due to a previous  interpretation  of accounting rules
which had subsequently changed.




ITEM 8B.  OTHER INFORMATION.

      None.








                                      32
<PAGE>

                                    PART III

ITEM 9.  DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS;
         COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT.

Directors and Executive Officers

      The  following table  sets  forth  information  regarding  our  executive
officers, certain other officers and directors as of December 31, 2004:

      Name                  Age   Position/Office        Served Since

      Murray N. Conradie    39    Chairman/President/CEO April 1999
      David Scott Kincer    39    COO/Director           September 2001
      Joseph Harmon         28    VP/Director            September 2001
      Jason F. Griffith     27    CFO/Director           June 2002

      The following  is  a  brief description of the business background of the
directors and executive officers of DSEN:

Murray N. Conradie - President/CEO and Chairman of the Board

       Mr. Conradie has been  the  CEO and Chairman of the Board and a Director
of Datascension Inc, since April 1999.   Mr.  Conradie  has  several  years  of
experience in creating and developing start-up enterprises and has a background
in Law and Accounting.

David Scott Kincer - COO/Director

       Mr.  Kincer  joined  Datascension as COO and Director in September 2001,
Mr. Kincer has over twenty years experience in collecting, storing an analyzing
consumer  data.   He  also  has  fifteen  years  of  experience  managing  data
collection centers, including seven  years of experience in Costa Rica.  He co-
founded Datascension International in  1999 and became COO of Datascension with
the successful acquisition of Datascension  International  in 2001.  Mr. Kincer
is also the President and Chairman of Datascension International  and  oversees
the  operations  of  Datascension International from its main facility in Brea,
California.

Joseph Harmon - VP/Director

       After attending  California  State  University,  Mr.  Harmon started his
career in 1992 at The Verity Group, a full service market research  company  in
Fullerton, CA. At the Verity Group, Mr. Harmon worked his way up to Director of
Operations  and managed a 300-employee operation. He helped grow the company to
a 12 million  dollar  business  and  was a key player in the acquisition to The
Polk Company in 1997. He then went to  Diagnostic  Research  where  he  managed
Telephone  Research.  In 1998 The Polk Company brought Mr. Harmon back in as  a
Sales Manager to help increase  sales  in  the  Market Research division. After
Polk,  Mr.  Harmon helped start Datascension and became  Vice  President.   Mr.
Harman is also Vice President and a Director of Datascension International.

Jason F. Griffith - CFO/Director

       Mr. Griffith  is  the  CFO  and  a  Director  of  Datascension Inc.  Mr.
Griffith  has  held  this  position  since June of 2002.  Prior  to  that,  Mr.
Griffith  was  the accounting manager for  a  CPA  firm  in  Henderson,  Nevada
starting in August of 2001.

                                      33
<PAGE>
(cont)

Before taking on  this  position,  he  worked  for  Arthur Andersen in Memphis,
Tennessee from December 1998 until his move to Nevada  in  the summer of 2001.
Prior to joining Arthur Andersen, Mr. Griffith was in the process of completing
his  undergraduate  degree  and  Masters in Accounting from Rhodes  College  in
Memphis, Tennessee.  Mr. Griffith is a licensed CPA in both the state of Nevada
and Tennessee.  He is a member of  the  American  Institute of Certified Public
Accountants,  The Association of Certified Fraud Examiners,  The  Institute  of
Management Accountants,  along  with being a member of the Nevada and Tennessee
State Society of CPAs.

Robert Sandelman - Director (Datascension International, Inc)

       Mr.  Sandelman has more than  30  years  of  marketing  and  advertising
management experience  in a variety of consumer product and service industries.
He  is considered to be one  of  the  leading  experts  on  foodservice  market
research  and  is widely quoted in major publications including The Wall Street
Journal,  Los Angeles  Times,  Orange  County  Register,  USA  Today,  Nation's
Restaurant  News,  Restaurants  &  Institutions,  Chain  Leader,  Entrepreneur,
Advertising Age, Adweek, Brandweek, and American Demographics.

      Mr.  Sandelman earned both his Bachelor's degree and his Master's  degree
in Business  Administration  from the University of Michigan. He is a member of
the  National  Restaurant  Association,   and   the  International  Foodservice
Manufacturers Association.

Significant Employees

       DSEN has not identified any employee who is  not  an  executive  who  is
expected to make a significant contribution to the business.

Family Relationships

      There are no family relationships among the directors, executive officers
or  persons  nominated  or  chosen  by  DSEN  to  become directors or executive
officers.

Legal Proceedings

      None of DSEN's directors, executive officers  or nominees for such office
have been involved in any legal proceedings related to  bankruptcy of an entity
where  they  held  such  positions; nor charged or convicted  in  any  criminal
proceedings; nor subject to  any  order,  judgment,  or  decree  permanently or
temporarily  enjoining,  barring,  suspending  or  other  wise  limiting  their
involvement  in  any  type  of business, securities or banking activities;  nor
found in any manner whatsoever  to  have violated a federal or state securities
or commodities law.

      None of DSEN's officers or directors, nor to the knowledge of DSEN, any
of DSEN's control persons, has:

      -    had any bankruptcy petition  filed  by  or  against  any business of
           which such person was a general partner or executive officer  either
           at  the  time  of  the  bankruptcy or within two years prior to that
           time;

      -    been convicted in a criminal  proceeding  or is subject to a pending
           criminal proceeding (excluding traffic violations  and  other  minor
           offenses);


                                      34
<PAGE>
(cont)

      -    been  subject  to  any  order, judgment, or decree, not subsequently
           reversed,  suspended  or  vacated,   of   any   court  of  competent
           jurisdiction,  permanently   or   temporarily  enjoining,   barring,
           suspending  or  otherwise  limiting  his involvement in any type  of
           business, securities or banking activities; or

      -    been   found  by  a  court  of competent jurisdiction  (in  a  civil
           action), the Securities and Exchange  Commission  or  the  Commodity
           Futures  Trading  Commission  to  have  violated  a federal or state
           securities  or  commodities  law,  where the judgment has  not  been
           reversed, suspended or vacated.

Committees

      DSEN does not have any audit, compensation,  and  executive committees of
its  board  of directors. The entire board of directors is  serving  as  DSEN's
audit committee.

Conflicts of Interest

The officers  and  directors  of  DSEN  are  now  and  may in the future become
shareholders, officers or directors of other companies which  may be engaged in
business activities similar to those conducted by DSEN. Accordingly, additional
direct  conflicts  of  interest  may arise in the future with respect  to  such
individuals acting on behalf of DSEN  or  other  entities. Moreover, additional
conflicts of interest may arise with respect to opportunities which come to the
attention of such individuals in the performance of  their duties or otherwise.
DSEN  does  not  currently  have  a  right  of  first  refusal   pertaining  to
opportunities that come to management's attention insofar as such opportunities
may relate to DSEN's proposed business operations.

      The officers and directors are, so long as they are officers or directors
of  DSEN,  subject  to  the restriction that all opportunities contemplated  by
DSEN's  plan  of operation  which  come  to  their  attention,  either  in  the
performance of  their  duties  or  in  any  other  manner,  will  be considered
opportunities of, and be made available to DSEN and the companies that they are
affiliated  with  on  an  equal basis. A breach of this requirement will  be  a
breach of the fiduciary duties  of  the  officer  or  director.  If DSEN or the
companies in which the officers and directors are affiliated with  both  desire
to  take  advantage  of  an opportunity, then said officers and directors would
abstain  from  negotiating  and  voting  upon  the  opportunity.  However,  all
directors may still individually take advantage of opportunities if DSEN should
decline to do so. Except as set  forth  above,  DSEN  has not adopted any other
conflict of interest policy with respect to such transactions.

Compliance with Section 16(a) of the Exchange Act

      Section  16(a)  of  the  Securities  Exchange  Act of 1934  requires  our
directors and executive officers, and persons who beneficially  own  more  than
ten percent of a
registered class of our equity securities (referred to as "reporting persons"),
to  file  with  the  Securities  and  Exchange  Commission  initial  reports of
ownership  and  reports  of  changes  in  ownership of common stock.  Reporting
persons are required by Commission regulations to furnish us with copies of all
Section 16(a) forms they file.

      Based solely upon a review of Forms 3,  4  and  5 furnished to us, we are
not

                                      35
<PAGE>
(cont)

aware of any person who at any time during the fiscal year  ended  December 31,
2004, was a director, officer, or beneficial owner of more than ten  percent of
our  common  stock, who failed to file, on a timely basis, reports required  by
Section 16(a) of the Securities Exchange Act of 1934 during such fiscal year.

Code of Ethics

      We have  adopted a code of ethics that applies to our executive officers,
including our Chief Executive Officer and Chief Financial Officer.

Indemnification of Directors and Officers.

The By-laws of DSEN  state  that  to the extent allowed by Nevada State law, as
same  may  be  amended, and subject to  the  required  procedure  thereof,  the
corporation shall  indemnify  any person who was or is a party of is threatened
to be made a party to any threatened,  pending  or  completed  action,  suit or
proceeding,  whether  civil,  criminal,  administrative or investigative (other
than an action by or in the right of the corporation)  by  reason  of  the fact
that he is or was a director, officer, employee or agent of the corporation, or
is  or  was  serving  at the request of the corporation as a director, officer,
employee or agent of another  corporation, partnership, joint venture, trust or
other  enterprise, against expenses  (including  attorneys'  fees),  judgments,
fines and amounts paid in settlement actually and reasonably incurred by him in
connection  with  such action, suit or proceeding if he acted in good faith and
in a manner he reasonably  believed  to  be  in  or  not  opposed  to  the best
interests  of  the  corporation,  and  with  respect  to any criminal action or
proceeding, had no reasonable cause to believe his conduct  was  unlawful.  The
termination of any action, suit or proceeding by judgment, order, settlement or
conviction,  or  upon a plea of nolo contendere or its equivalent, shall not of
itself, create a presumption that the person did not act in good faith and in a
manner which he reasonably  believed  to  be  in  or  not  opposed  to the best
interests  of  the  corporation,  and  with  respect to any criminal action  or
proceeding, had reasonable cause to believe that his conduct was unlawful.

ITEM 10.  EXECUTIVE COMPENSATION.

Compensation of Executive Officers

The following table sets forth the aggregate cash compensation paid by DSEN for
services rendered during the periods indicated  to  its directors and executive
officers.  The compensation disclosed in the compensation table is inclusive of
any  and all compensation paid through the parent company  or  the  subsidiary,
Datascension International, Inc.








                                      36
<PAGE>

<TABLE>
<CAPTION>
SUMMARY COMPENSATION TABLE
<S> <C>                        <C>
</TABLE>

<TABLE>
<CAPTION>
                    LONG TERM  COMPENSATION
<S>                  <C>
ANNUAL  COMPENSATIONAWARDS           PAYOUTS
</TABLE>


<TABLE>
<CAPTION>
<S>                         <C>  <C>         <C>   <C> <C>                       <C>                              <C> <C>
NAME AND  		   YEAR  SALARY     BONUS            Restricted         SECURITIES UNDERLYING 		  ALL OTHER
PRINCIPAL POSITION					   Stock Award(s)	      OPTIONS (#)		COMPENSATION

Murray Conradie            2004   $150.000     0             100,000 (1)              540,000 (2)                    0
 President, CEO            2003   $150,000     0                 0                        0                          0
                           2002   $75,000      0                 0                        0                          0

David Scott Kincer         2004   $150,000   5,824           100,000 (1)              540,000 (2)                   968 (5)
          COO              2003   $150,000     0                 0                        0                          0
                           2002   $75,000      0                 0                        0                          0

Jason F. Griffith          2004   $75,000      0             50,000 (1)               270,000 (2)                    0
          CFO              2003   $61,250      0                 0                        0                          0
                           2002   $35,000      0             12,292 (3)               50,000 (4)                     0

Joseph Harmon              2004   $76,500    6,048           50,000                   135,000                     178,708 (5)
           V.P.            2003   $76,500      0                 0                        0                       180,104 (5)
                           2002   $68,750    2,500               0                        0                       141,360 (5)

</TABLE>

   (1)     DSEN  granted  an  initial  signing award to the Executive as of the
      Effective Date of his renewed Employment  Agreement  of restricted shares
      of DSEN's common stock under and subject to the terms  and  conditions of
      the Stock Compensation Plan (the "Stock Plan").  The Executive shall vest
      in  50% of such shares on the 90th day following the Effective  Date  and
      50% on the six month anniversary of the Effective Date.
   (2)     DSEN  granted  an option award to the Executive under the Stock Plan
      within 90 days of the  Effective Date of his renewed Employment Agreement
      of a nonqualified option  to  purchase shares of DSEN's common stock at a
      per share price equal to the fair market value of the common stock on the
      grant date (which will be the Effective  Date)  and  an  exercise  period
      equal to five (5) years (the "Initial Option").
   (3)     Executive  received  12,292  shares  for  unpaid  salary  which  was
      converted to common stock restricted stock.
   (4)     Executive granted an option award of 50,000 shares per paragraph 3.b
      of Employment Agreement date June 2002.
   (5)     Commissions for client contracts.

Common Stock

On  December 31, 2004, 300,000 post split shares of common stock valued at $.20
per share  were  issued  to four officers in consideration of terms under their
employment agreements, which  granted  stock awards of common shares to certain
employees. The issuance of these securities  was  effected  through  a  private
transaction   not   involving  a  public  offering  and  was  exempt  from  the
registration provisions  of the Securities Act pursuant to Section 4(2) thereof
and/or  the  federal  small issue  exception  for  bonus  shares  of  reporting
companies.
                                      37
<PAGE>

On  December  31,  2004, four  officers  were  given  the  option  to  purchase
additional shares of  common  stock for $0.30.  These options do not vest until
January 2005 and at such time,  DSEN  will recognize a compensation expense for
the fair market value of those options,  which  is  anticipated  to be the fair
market  value  of  the  common stock minus the exercise price of the respective
options.

Employment Agreements

      Effective January 1,  2004,  we  entered into separate renewed employment
agreements with our Chief Executive Officer,   Murray  N.  Conradie;  our Chief
Operating Officer and President of Datascension International, Inc (subsidiary)
David  S.  Kincer; our Chief Financial Officer, Jason F. Griffith and our  Vice
President of  Datascension  International, Inc (subsidiary) Joseph Harmon.  The
employment agreements are substantially similar and provides for the following:

      - employment as one of our executives;

      - an annual base salary  of  $150,000  with eligibility to receive annual
increases  as  determined  in the sole  discretion   of the  Board of Directors
for Mr. Conradie and Mr. Kincer;

      -  an  annual  base  salary  of $75,000 and $76,500 with  eligibility  to
receive annual increases  as  determined   in the sole  discretion of the Board
of Directors for Mr. Griffith and Mr. Harmon respectively;

      - an annual cash bonus,  which will be  awarded  upon  the achievement of
specified  pre-tax  operating  income;

      -  participation  in all welfare, benefit and incentive plans  (including
equity based compensation plans) offered to senior management;

      - a term of employment  which  commenced on January 1, 2004 and continues
through  the fifth  anniversary  thereof.   The agreement provides that, in the
event  of  termination by us "without cause" or  by  the  executive  for  "good
reason" (which  includes a "Change of Control"), the executive will be entitled
to receive from us:

(i)  The Executive  shall  be  entitled  to  a lump sum payment, within 60 days
following termination of his employment, of (A) two times his then current Base
Salary, plus (B) two times the average annual Incentive Bonus paid to or earned
by the Executive (whichever is larger) during  the  three previous fiscal years
during  the  Agreement Term or, if there have not been  three  previous  fiscal
years during the  Agreement  Term,  such  fewer number of fiscal years as shall
have occurred during the Agreement Term;

           Employed 5 years or more, then 100% of (i)
           Employed 4 years or more, but less than 5 years; then 75% of (i)
           Employed 3 years or more, but less than 4 years; then 50% of (i)
           Employed 2 years or more, but less than 3 years; then 25% of (i)
           Employed 1 year or more, but less than 2 years; then 10% of (i)
           Employed less than 1 year, only what is currently due

The terms of Sections (ii), (iii) and (iv)  will  not  be affected by length of
employment of Executive.  Employment with DSEN will be defined  as  the  period
Executive has been employed by DSEN or its subsidiaries.



                                      38
<PAGE>

(ii)   The Executive and his eligible dependents shall be entitled to continued
participation,  at  no cost to the Executive or his eligible dependents, in all
medical, dental, vision  and  hospitalization  insurance  coverage,  until  the
earlier  of  18 months following termination of employment or the date on which
he receives equivalent  coverage  and  benefits from a subsequent employer. The
time period described in this Section shall  run  concurrently  with  the COBRA
rights of the Executive and his eligible dependents.

(iii)  All outstanding unvested stock options granted to the Executive prior to
his  termination  of employment shall vest, become immediately exercisable  and
shall expire, if not exercised, at the earlier of the third anniversary of such
termination of employment  or the "expiration date" set forth in the applicable
stock option agreement.

(iv)  All outstanding unvested restricted shares of the DSEN's stock awarded to
the Executive prior to his termination  of  employment  shall  vest immediately
upon the Executive's termination of employment.

The  Executives  have also been granted the following initial restricted  stock
and initial option awards as part of their Employment Agreements.

(a) Initial Restricted Stock Award. DSEN shall make an initial signing award to
the Executive as of  the  Effective  Date of restricted shares of DSEN's common
stock under and subject to the terms and  conditions  of the Stock Compensation
Plan (the "Stock Plan").  The Executive shall vest in 50% of such shares on the
90th day following the Effective Date and 50% on the six  month  anniversary of
the Effective Date. The amounts granted under this initial restricted award are
as follows:

           Murray N. Conradie     100,000 shares
           David S. Kincer        100,000 shares
           Joseph Harmon           50,000 shares
           Jason F. Griffith       50,000 shares

(b) Initial Option Award. DSEN shall make an award to the Executive  under  the
Stock  Plan  within  90  days of the Effective Date of a nonqualified option to
purchase shares of DSEN's  common  stock at a per share price equal to the fair
market value of the common stock on the grant date (which will be the Effective
Date) and an exercise period equal to  five  (5)  years (the "Initial Option").
The amounts granted under this initial option award are as follows:

           Murray N. Conradie     540,000 shares
           David S. Kincer        540,000 shares
           Jason F. Griffith      270,000 shares
           Joseph Harmon          135,000 shares





                                      39
<PAGE>

Aggregated Option/SAR Exercises and Fiscal Year-End Option/SAR Values

The following table sets forth the options granted  in  2004  to  each  of  the
directors and executive officers:

     Option/SAR Grants in Last Fiscal Year (Individual Grants):

                    Number of    Percent of total
                    Securities       Options/SARs
                   Underlying       granted to      Exercise or
                  Options/SARS  employees in   base price   Expiration
        Name       Granted       fiscal year        ($/Share)      date
   ----------     ------------    ----------------     ----------   -----------
Murray N. Conradie    540,000          36.4            $0.30       1/1/10

Scott Kincer          540,000          36.4            $0.30       1/1/10

Jason F. Griffith     270,000          18.8            $0.30       1/1/10

Joey Harmon           135,000           9.1            $0.30       1/1/10

There were no other options granted or exercised by the directors and executive
officers during the year ended December 31, 2004.

Compensation   cost  for  options  granted  has  not  been  recognized  in  the
accompanying financial  statements.   These  options  do not vest until January
2005 and at such time, DSEN will recognize a compensation  expense for the fair
market value of those options, which is anticipated to be the fair market value
of the common stock minus the exercise price of the respective options.

Compensation of Directors

      There  were no arrangements pursuant to which any director  of  DSEN  was
compensated through  December  31, 2004 for any service provided as a director.
In addition, no such arrangement  is contemplated for the foreseeable future as
DSEN's only directors are its current executive officers.

ITEM 11.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

Security Ownership of Management and Certain Beneficial Owners

      The  following table sets forth  information  as  of  the  date  of  this
Registration  Statement  certain  information  with  respect  to the beneficial
ownership of the Common Stock of DSEN concerning stock ownership  by  (i)  each
director, (ii) each executive officer, (iii) the directors and officers of DSEN
as  a  group,  (iv) and each person known by DSEN to own beneficially more than
five (5%) of the  Common  Stock.   Unless  otherwise indicated, the owners have
sole voting and investment power with respect  to their respective shares.  The
mailing  address  for  each  of  the  persons  indicated   is   our   corporate
headquarters.

      Beneficial ownership is determined under the rules of the Securities  and
Exchange  Commission. In general, these rules attribute beneficial ownership of
securities to persons who possess sole or shared voting power and/or investment
power with  respect  to  those  securities  and  includes,  among other things,
securities that an individual has the right to acquire within  60  days. Unless
otherwise  indicated,  the stockholders identified in the following table  have
sole  voting  and  investment  power  with  respect  to  all  shares  shown  as
beneficially owned by them.

                                      40
<PAGE>

<TABLE>
<CAPTION>
Class Name and Address  of Beneficial Owner (1)Number of Shares   Percent Owned (2)

<S>    <C>                                       <C>              <C> <C>
Common    Murray N. Conradie                       3,084,833*          18.98%
Common    David Scott Kincer                       2,242,167*          13.79%
Common    Jason F. Griffith                          112,292*           0.69%
Common    Joseph Harmon                              250,556*           1.54%
						------------         --------
Common    Directors as a group                     5,689,848           35.00%

Common    Edward Dale Tschiggfrie                      1,004,962*           6.18%
</TABLE>

* Post 10 for 1 split

      The  percentage  ownership  calculations  listed  above  are  based  upon
16,257,290 shares  of  common  stock  being outstanding, and no options granted
being exercised as of December 31, 2004.

Persons Sharing Ownership of Control of Shares

      Management  has no knowledge of the  existence  of  any  arrangements  or
pledges of DSEN's securities which may result in a change in control of DSEN.

      No person, other  than those individuals or persons listed above, owns or
shares the power to vote ten percent (10%) or more of DSEN's securities.

ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

As of December 31, 2004,  DSEN  has  an  outstanding  note  payable  to  Murray
Conradie,  DSEN's CEO, in the amount of $30,688.  This payable accrues interest
at 1% monthly due on the first day of each month.

As of December  31, 2004, DSEN has an outstanding note payable to Scott Kincer,
DSEN's COO, in the  amount  of  $29,000.   This  payable accrues interest at 1%
monthly due on the first day of each month.

As  of  December  31,  2004,  DSEN  has an outstanding note  payable  to  Jason
Griffith, DSEN's CFO, in the amount of  $350.  This payable accrues interest at
1% monthly due on the first day of each month.

Other Material Transactions.

      With the exception of the above mentioned  transactions,  there have been
no material transactions, series of similar transactions or currently  proposed
transactions  to  which DSEN or any officer, director, their immediate families
or other beneficial  owner  is  a party or has a material interest in which the
amount exceeds $50,000.

ITEM 13.  EXHIBITS AND REPORTS ON FORM 8-K.

(a)  EXHIBITS.

The following documents are included or incorporated by reference as exhibits
to this report:

(2)  a)  Plan of Acquisition, Reorganization, Arrangement, Liquidation, or
Succession.


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<PAGE>

     2.1  Plan and Articles of Merger, filed 8/23/91(1)
     2.2 Plan of Reorganization and Agreement, dated 9/20/97(1)

(3)  Articles of Incorporation & By-Laws

     3.1 Articles of Incorporation of the Company Filed August 23, 1991(1)
     3.2 Articles of Amendment filed on April 10, 1992(1)
     3.3 Certificate of Amendment of Articles of Incorporation filed on
3/3/95(1)
     3.4 By-Laws of the Company adopted August 24, 1991(1)
     3.5 Certificate of Amendment of Articles of Incorporation filed on 2/19/01
     3.6 Articles of Incorporation - Nutek Oil, Inc. (Subsidiary)
     3.7 Articles of Incorporation - Kristi and Co, Inc. (Subsidiary)
     3.8 Articles of Incorporation - SRC International, Inc. (Subsidiary)
     3.9 Articles of Incorporation - Century Innovations, Inc. (Subsidiary)
     3.10 Articles of Incorporation - Datascension International, Inc.
(Subsidiary)
     3.11 Certificate of Amendment of Articles of Incorporation filed on
1/26/04

(4)  Instruments Defining the Rights of Security Holders

     4.1 Those included in exhibit 3, and sample of Stock Certificate (1)
     4.2 Preferred Stock (1)

(10) Material Contracts

     10.1  Purchase Agreement - Kristi and Co dated 1/6/00 (1)
     10.2  Agreement for Promotion and Revenue Sharing Plan, dated 9/2/99 (1)
     10.3  Purchase Agreement - Elite Fitness, dated 10/4/99 (1)
     10.4  Purchase Agreement - Patent #5833350, dated 9/15/99 (1)
     10.5  Purchase Agreement - Clock Mold, dated 4/30/99 (1)
     10.6  Plan of Purchase and Agreement, dated 11/30/97 (1)
     10.7  Transitional Employer Agreement (1)
     10.8  Lease, dated October 15, 1999 (1)
     10.9  Letter of Intent - Mineral Acres, dated 11/1/99 (1)
     10.10 Compensation Plan (1)
     10.11 Key Employees Incentive Stock Option Plan (1)
     10.12 Purchase Agreement - Kristi & Company (2)
     10.13 Blank
     10.14 Purchase Agreement - Printing Equipment (3)
     10.15 Blank
     10.16 Employment Agreement Murray N. Conradie (4)
     10.17 Employment Agreement Donald L. Hejmanowski (4)
     10.18 Employment Agreement Kristi L. Conradie (4)
     10.19 Purchase Agreement - Datascension Inc. (5)
     10.20 Employment Agreement David Scott Kincer (5)
     10.21 Certificate of Preference Rights.
     10.22 Purchase Agreement - Sin Fronteras Inc
     10.23 Press Release dated May 29, 2002
     10.24 Subscription Agreement for November 17, 2004 Funding (6)
     10.25 Form of Convertible Note - November 17, 2004 Funding (6)
     10.26 Form of Warrant - November 17, 2004 Funding (6)

(1)  Previously filed as an exhibit to the Company's Form 10-SB, filed January
24, 2000.
(2) Previously filed as an exhibit to the Company's Number 1 Amendment to Form
10-SB, filed May 22, 2000.



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<PAGE>

 (3) Previously filed as an exhibit to the company's quarterly report for the
period ended March 31, 2003
(4) Previously filed as an exhibit to the company's quarterly report for the
period ended June 30, 2003
(5) Previously filed as an exhibit to the company's quarterly report for the
period ended September 30, 2003
(6) Previously filed on Form 8-K November 23, 2004, File No. 000-29087

Exhibit 23.Consent of Experts and Counsel

     23.1  Consent of Counsel, Owen Naccarato (included in Exhibit 5.1)
     23.2  Consent of Independent Auditor Larry O'Donnell, CPA, P.C.
     23.3  Consent of Gary V. Campbell, Certified Public Accountants.

Exhibit 27.Financial Data Schedule

   27.1 Financial Data Schedule

Exhibit 31.Certifications required by Rule 13a-14(a) or Rule 15d-14(a)

     31.1  Certification of Chief Executive  Officer  and  Principal  Financial
Officer pursuant  to 18 U.S.C.ss.1850 as adopted pursuant to Section 302 of the
Sarbanes-Oxley Act of 2002.

Exhibit 32.Certifications  required  by  Rule  13a-14(b)  or Rule 15d-14(b) and
section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350

     32.1  Certification  of  Chief  Executive Officer and Principal  Financial
Officer pursuant to 18 U.S.C.ss.1850 as  adopted pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002.

(b)  Reports on Form 8-K

DSEN's report on Form 8-K dated January 26, 2004

      On  January 26, 2004, Registrant filed  a  Current  Report  on  Form  8-K
relating to  the  press  release  issued announcing the corporation name change
from Nutek Inc. to Datascension Inc.  and  require  a mandatory share exchange.
The Amended Bylaws of the Corporation additionally require  all  shares include
the name of the beneficial owner of the shares.

DSEN's report on Form 8-K dated February 19, 2004

      On  February  19,  2004,  Registrant filed a Current Report on Form  8-K,
relating to a press release issued by the Registrant's subsidiary, Datascension
International, announcing the receipt of a contract from Sandelman & Associates
for $3.5 million.

DSEN's report on Form 8-K dated March 24, 2004

      On March 24, 2004, Registrant filed a Current Report on Form 8-K, stating
that DSEN had received confirmation from the NASD that the "V" would be removed
from the Registrant's stock symbol,  effective  March  25,  2004.   All  trades
conducted





                                      42
<PAGE>
(cont)

while  the  "V" was present, that is "trading as when issued", will be expected
to clear and settle by March 30, 2004.  The Company's stock symbol will be DTSN
and will be changed back to T+3 status effective March 25, 2004.

DSEN's report on Form 8-K dated June 21, 2004

      On June  21, 2004, Registrant filed a Current Report on Form 8-K, stating
that  DSEN had appointed  Larry  O'Donnell,  CPA,  P.C.,  as  the  Registrant's
independent   accountants  for the year ending December 31, 2004. The selection
of accountants was approved  by  the  Registrant's  Board  of  Directors. Larry
O'Donnell, CPA, P.C. was engaged by the Registrant on June 18, 2004.

DSEN's report on Form 8-K dated October 22, 2004

      On  October  22,  2004,  Registrant filed a Current Report on  Form  8-K,
stating  that  pursuant to N.R.S.   78.060,  78.120,  the  Company's  Board  of
Directors of Datascension,  Inc.,  unanimously  voted  to  amend  the corporate
bylaws  to no longer require the issuance of the Registrant's common  stock  in
beneficial holder name.

      This  amendment  to the bylaws will allow shares to be issued in the name
of CEDE & Co. and be traded through the Depository Trust & Clearing Corporation
(DTC). The reason for the  bylaw  change is the Company has been in discussions
with several funding sources to obtain  financing  for additional expansion and
growth of operations; however, these sources have indicated  they are unwilling
to  provide  financing  to the company until such time as the company's  shares
trade and clear through the depository trust.

DSEN's report on Form 8-K dated November 4, 2004

      On November 4, 2004,  Registrant  filed  a  Current  Report  on Form 8-K,
stating that in accordance with the previous vote by shareholders, the Board of
Directors  has  instituted  new  employment  contracts   with  the  Registrants
officers  and directors.

      Attached to the Form 8-K are the employment contracts for Murray Conradie
(its CEO), Scott Kincer (its COO), Jason Griffith (its CFO), and  Joseph Harmon
(its Vice President).

      The Board structured the employment contracts based on industry standard.
Inclusive  in  the  above signed agreements are an executive compensation  plan
which includes options,  which  become exercisable upon the reaching of certain
milestones by the company.

DSEN's report on Form 8-K dated November 23, 2004

On November 23, 2004, Registrant  filed  a  Current Report on Form 8-K, stating
that  the  Registrant  received  funding  from  institutional   and  accredited
investors   with   Gross   proceeds  of $1,875,000, with  net proceeds  to  the
Company of $1,657,500.  This will be considered a debt on the company's books.

DSEN's report on Form 8-K dated November 23, 2004

On November 23, 2004, Registrant filed a Current Report on Form 8-K relating to
the press release issued announcing Robert  L.  Sandelman.,  to  the  board  of
Datascension International, Inc.


                                      44
<PAGE>

ITEM 14.   PRINCIPAL ACCOUNTANT FEES AND SERVICES

Audit Fees

      For the fiscal years ended December 31, 2004, DSEN's principal accountant
billed  $15,300, for the audit of DSEN's annual financial statements and review
of financial  statements  included in DSEN's Form 10-QSB filings.  For the year
ended December 31, 2003, DSEN's  prior  accountant  billed DSEN $25,000 for the
annual audit of the financial statements.

Audit-Related Fees

      For the fiscal years ended December 31, 2004 and  2003,  DSEN's principal
accountant  billed $0 and $0, respectively, for assurance and related  services
that were reasonably  related  to  the  performance  of  the audit or review of
DSEN's financial statements outside of those fees disclosed  above under "Audit
Fees".

Tax Fees

      For  the fiscal years ended December 31, 2004 and 2003, DSEN's  principal
accountant billed  $0 and $0, respectively, for tax compliance, tax advice, and
tax planning services.

All Other Fees

      For the fiscal  years  ended December 31, 2004 and 2003, DSEN's principal
accountant billed $0 and $0, respectively, for products and services other than
those described above.

Pre-approval Policies and Procedures

      Prior to engaging DSEN's  accountants  to  perform  a particular service,
DSEN's board of directors obtains an estimate for the service  to be performed.
The board of directors, in accordance with procedures for DSEN, approved all of
the services described above prior to the services being performed.

SIGNATURES

      In accordance with Section 13 or 15(d) of the Exchange Act, the
registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

                                  Datascension, Inc.

                                  /s/ Scott Kincer
                                  ----------------------
                                  Scott Kincer
                                  President, Chairman and Director
                                  (Principal Executive Officer)

                                  /s/ Scott Kincer
                                  -------------------
                                  Scott Kincer
                                  (Principal Financial Officer)

                               Date: February 8, 2006


                                      45
<PAGE>

      Pursuant to the requirements of Section 12 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.

                                  /s/ Scott Kincer
                                  ----------------------
                                  Scott Kincer
                                  President, Chairman and Director
                                  (Principal Executive Officer)

                                  /s/ Scott Kincer
                                  -------------------
                                  Scott Kincer
                                  (Principal Financial Officer)

                               Date: February 8, 2006






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