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

                                  FORM 10-KSB

                                  (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, 2003

[ ]  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.
                        (formerly known as Nutek Inc.)
                 --------------------------------------------
                (Name of small business issuer in its charter)

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

            6330 McLeod Drive, Suite 1, Las Vegas, Nevada    89120
                ------------------------------------------------------
      ------
          (Address of principal executive offices)        (Zip Code)

                  702-262-2061 (Telephone)702-262-0033 (Fax)
        --------------------------------------------------------------
                          (Issuer's telephone number)

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

                     Title of each class registered: None
               Name of each exchange on which registered:  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 no disclosure of delinquent  filers  in  response  to Item 405 of
Regulation S-B is contained in this form, 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. [ ]


      The issuer had revenues of $7,057,087 for the fiscal year ended  December
31, 2003.

     Based  on  the average of the closing bid and asked prices of the issuer's
common stock on December  31,  2003,  the  aggregate market value of the voting
stock held by non-affiliates of the registrant on that date was $5,830,756.

     As of December 31, 2003, the issuer had 150,552,069 shares of common stock
outstanding and 0 shares of Series A Preferred Stock.

                      DOCUMENTS INCORPORATED BY REFERENCE

The Company's report on Form 8-K dated February 19, 2004
The Company's report on Form 8-K dated January 26, 2004
The Company's report on DEF 14C dated January 5, 2004
The Company's report on Form S-8 dated December 31, 2003
The Company's report on PRE 14C dated December 24, 2003
The Company's report on Form 8-K dated December 24, 2003
The Company's report on Form 8-K dated October 31, 2003
The Company's report on Form 8-K dated October 29, 2003
The Company's report on Form 8-K dated October 20, 2003
The Company's report on Form 8-K dated March 26, 2003
The Company's report on Form S-8 dated March 10, 2003

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


                           Forward-Looking Statements

This 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.


                                    CONTENTS

                                                                   PAGE
PART I

    Item 1.  Description of Business                        	        4
    Item 2.  Description of Property                                   22
    Item 3.  Legal Proceedings                               	       23
    Item 4.  Submission of Matters to a Vote of Security Holders       23

PART II

    Item 5.  Market for Common Equity and Related Stockholder Matters  24
    Item 6.  Management's Discussion and Analysis or Plan of Operation 26
    Item 7.  Financial Statements                                      30
    Item 8.  Changes in and Disagreements with Accountants on
                Accounting and Financial Disclosure                    52
    Item 8A.  Controls and Procedures                        	       52

PART III

    Item 9.  Directors, Executive Officers, Promoters and Control
                Persons; Compliance with Section 16(a) of the
                Exchange Act                                           53
    Item 10. Executive Compensation                           	       56
    Item 11. Security Ownership of Certain Beneficial Owners and
                Management                                             56
    Item 12. Certain Relationships and Related Transactions   	       58
    Item 13. Exhibits and Reports on Form 8-K                          59

SIGNATURES                                                             62




                                     PART I

ITEM 1.  DESCRIPTION OF BUSINESS.

A.  Business Development, Organization and Acquisition Activities

The Company was incorporated under the laws of the State  of  Nevada, on August
23,  1991, under the name Swiss Technique, Inc.  The original Articles  of  the
Company  authorized the issuance of fifty million (50,000,000) shares of common
stock with  a  par  value  of $0.001.  On or about August 23, 1991, pursuant to
Section 78.486, Nevada Revised  Statutes as amended, the Company filed with the
Nevada Secretary of State Articles  of  Merger, whereby the Company merged with
Sun Investments, Inc., a Utah corporation.  On  or  about  April  10, 1992, the
Issuer,  with  majority  shareholder  vote filed Articles of Amendment  to  the
Articles of Incorporation with the Secretary  of  State  of Nevada, authorizing
five million (5,000,000) shares of Preferred Stock each have  a  par  value  of
$0.001, with such rights, preferences and designations and to be issued in such
series as determined by the Board of Directors of the Corporation.  The Company
in accordance with Section 78.250 of the Nevada Revised Statues and as a result
of  the  majority  consent  of  shareholders executed on or about March 3, 1995
changed the name of the Company from Swiss Technique, Inc., to Nutek, Inc.  The
Company filed a Certificate of Amendment  of Articles of Incorporation with the
Secretary of State of Nevada to change its  name.   On  or  about September 20,
1997,  the  Company  filed  with  the  Nevada  Secretary  of  State a  Plan  of
Reorganization and Agreement between itself and International Licensing  Group,
Inc., a Delaware Corporation.

On or about December 24, 2003, 63.34%  of the votes  entitled to be  cast  at a
meeting of the Company's  shareholders consented in  writing to change the name
of the corporation from Nutek Inc. to Datascension Inc.  The Board of Directors
of said corporation at a meeting duly convened, held on the 5th day of January,
2004, adopted a resolution to amend the original article as follows:

               Article I is hereby amended to read as follows:
               "The name of the corporation is Datascension, Inc."

The  Company  is  engaged  in  multiple  business  activities,  which currently
include:

(A)  Datascension International Inc., which conducts telephone market  research
and provides data entry services for third parties;
(B) Nutek Oil Inc, which owns the rights to oil leases in Texas;
(C) Century  Innovations  Inc.,  which  markets  a patented safety product that
replaces  standard  light  switch  cover  plates  that  automatically   provide
illumination  in  the event of a power failure; a patented plastic buffet plate
that allows the user  to  hold  both  a  plate  and  cup  in  one  hand and the
productions of plastic wall clocks;
(D) SRC International Inc., which produces plastic coverings for metal rails.

The Company's mailing address is: 6330 McLeod Drive, Suite 1, Las Vegas, Nevada
89120,  phone  number:  702-262-2061.  The Company's websites can be found  at:
www.nutk.com; www.tekplate.com; www.nutekoil.com and www.datascension.com

B. Business of Issuer

1) Principal Products, Services and Principal Markets.

(A) Datascension Inc.

On July 2, 2001, the Registrant acquired  100%  of  the  issued and outstanding
stock of Datascension International, for the sum of $2,200,000.   (See  Exhibit
8-K filed September 27, 2001)

Datascension International, is a premier data solutions company. It embodies  a
unique  expertise  in the collection, storage, processing and interpretation of
data. Datascension's  management  team  boasts  over  30  years  of  successful
experience in developing and implementing client solutions. It has an extensive
list  of  satisfied  customers  (including the hospitality, entertainment,  and
automotive sectors) with emphasis  and commitment to absolute customer service,
quality assurance and on-time project management.


SERVICES
Telephone Interviewing (CATI or Paper)
Currently, Datascension's CATI telephone  facility  employs  approximately  428
part-  and  full-time  telephone  interviewers,  many  of whom are bilingual in
Spanish  and  English.  Datascension and other leading research  agencies  have
found  that streamlining their  systems  with  integrated  CATI  and  automatic
dialing  capabilities  have  resulted  in  quicker  turnaround, lower costs and
increased field capacity for phone research projects.

Internet Data Collection
Datascension  has a full-time programming staff experienced  in  designing  all
types of web surveys, web panels, and data collection sites.

Database Engineering
Datascension has  the expertise to create databases from very small to the most
complex fully relational database. Its database software allows the end-user to
connect to Datascension's system via the Internet and run reports and pull data
with relatively no training.

Data Storage
Datascension employs  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 & Mining
Datascension staff can program banners  using  the  latest  version  of Quantum
(SPSS)  tabulation  software.  They have extensive experience of handling  most
types of data including ASCII, flat file, CSV, XML and many other formats.

In-bound Customer Service
Datascension's expertise in handling  customer  service  calls  covers  a  wide
spectrum  of  industries from the automotives to the garbage disposal industry.
Activities include  on-line  order  booking  to  technical  support  for client
products and services.

Bilingual Interviewing
At Datascension, we recognize the need to provide an accurate representation of
the  audiences  we  are  surveying  and  are  committed  to  ensuring  that our
interviewers are able to deliver.

People  of  Hispanic  or  Latino  descent  comprise 12.5% of the US population,
according to 2000 US Census figures. Datascension has recognized the importance
of surveying this population. Datascension has begun a more concerted effort to
target the Hispanic community and garner their  input  as a separate and unique
segment of our society.

To that end, we employ a number of bilingual interviewers  who  are  skilled in
conducting research in both Spanish and English.

(B) Nutek Oil Inc.

The  Registrant,  on  or  about  November 1, 1999 signed a Letter of Intent  to
purchase the mineral acres, equipment,  and part of the corporate assets, which
operates the production of twenty (20) oil  leases,  consisting  of ninety-four
(94) oil wells, in Texas, one geographic area, in the continental United States
from  Clipper  Operating  Co., Inc.  The Company acquired these assets  of  the
Clipper Operating Co. on February 22, 2000 through a newly established Business
segment, Nutek Oil Inc.  The  Company  purchased  some  of  the fixed assets of
Clipper Operating Co. valued at approximately $1.3 million, as  well  as,  some
leases,  farm-outs  and  interests  of Clipper Operating Co. (See Exhibit 10.9,
Letter of Intent - Mineral Acres.)

Nutek Oil, acquired a 100 percent working  interest  in  all  property  held by
Clipper  Operating  Co.  in the Big Foot and Koyote fields of Frio and Atascosa
Counties, Texas.  These wells  had  been  shut down for the past two (2) years,
and  had generated no income during that time.   They  had  started  generating
nominal income as of August, 1999.

(i) General Business - Oil Producing Activities, Acreage, Productive Wells

In view  of  the  current  economic conditions within the industry in which the
Registrant participates, the  Registrant  anticipates  that  cash flow from oil
operations  for  fiscal 2004 will be sufficient to satisfy all of  its  general
working capital requirements.   However,  the  registrant  does  not anticipate
sufficient  cash  flow from operations to meet the requirements for  additional
drilling and exploration activities, necessitating additional capital infusions
either from affiliates  or  from  sales  of  assets,  borrowed funds and equity
participations.

Registrant's subsidiary, Nutek Oil, Inc., anticipates the filing of a Form 10SB
in the coming weeks to have the security begin trading  on the Over the Counter
Bulletin Board exchange.

OIL STRATEGY

The  Company's  oil and future gas exploration and development  operations  are
currently focused  entirely  on  its  activities  in  Texas.   The  oil and gas
exploration and development operations are conducted through Nutek Oil Inc.

The  Company  serves  as  operator  with  respect  to these properties acquired
pursuant to association contracts in which the Company  obtains  a  controlling
interest  or  holds  the largest ownership interest; however, it is anticipated
that  the Company will  also  participate  in  the  development  of  properties
operated  by third parties and in some cases may delegate operations to a third
party. The  Company  also intends to pursue natural gas gathering opportunities
within Texas. The Company's business strategy includes:

     Establishing production,  cash flow and reserve value by exploring for and
     developing and purchasing producing  oil  and  gas  properties  within the
     United States;

     Further  developing and/or purchasing gas storage facilities and pipelines
     within the United States;

     Building the  Company's  base of operations by initially concentrating its
     development activities on existing wells within Texas;

     Acquiring additional properties with potential for development drilling to
     establish and maintain a significant  inventory  of  undeveloped prospects
     and to establish and enhance the Company's foundation for future growth;

     Continuing  to  serve  as  operator  of  its  wells,  to ensure  technical
     performance and reduce costs;

     Establish  relationships  with  other  energy  companies to  access  their
     undeveloped properties, geological data and financial resources;

     Managing financial risk and mitigating technical risk by drilling in known
     productive trends with multi-geologic potential,  diversifying  investment
     over  the  interests  in the Company's primary operating areas, developing
     properties that provide  a  balance  between short and long term reserves,
     and establishing and maintaining a balance among the company's oil and gas
     generation activities; and

         Maintaining low general and administrative expenses.

The Company's oil and gas revenue, profitability  and future rate of growth are
substantially dependent upon prevailing prices for  natural  gas and oil, which
are  dependent  upon  numerous  factors beyond the Company's control,  such  as
economic, political and regulatory  developments  and  competition  from  other
sources  of energy.  The energy markets have historically been highly volatile,
and future  decreases  in  natural  gas and oil prices could have a material or
diverse effect on the Company's financial  position,  results of operations and
quantities of natural gas and oil reserves that may be economically produced.

Oil and gas exploration and development is a speculative  business and involves
a  high  degree  of  risk.   The  Company is subject to all the risks  normally
incident to drilling for and producing  oil  and  gas including hazards such as
high-pressured  formations, blowouts, cratering, fires,  spills,  cave-ins,  or
other hazards or  conditions, any of which could result in damage to or loss of
life or property.  These risks are not all insurable.

The Company has expended and plans to continue to expend significant amounts of
capital on the acquisition  and exploration of its oil and gas interests.  Even
if  the  results  of such activities  are  favorable,  subsequent  drilling  at
significant costs must  be  conducted  on a property to determine if commercial
development of the property is feasible.   Oil  and  gas  drilling, may involve
unprofitable  efforts,  not  only  from  dry  holes  but  from wells  that  are
productive but do not produce sufficient net revenues to return  a profit after
operating and other costs. It is difficult to project the costs of implementing
an exploratory drilling program due to the inherent uncertainties  of  drilling
in   unknown   formations,  the  costs  associated  with  encountering  various
conditions, such  as  high-pressured  zones  and  tools  lost  in the hole, and
changes in drilling plans and locations as a result of prior exploratory  wells
or  additional  seismic  data and interpretations thereof. The marketability of
oil and gas which may be acquired or discovered by the Company will be affected
by the quality of the production  and  by  numerous factors beyond its control,
including  market fluctuations, the proximity  and  capacity  of  oil  and  gas
pipelines  and   processing   equipment,   government   regulations,  including
regulations  relating to prices, taxes, royalties, land tenure,  importing  and
exporting of oil  and  gas  and  environmental  protection.   There  can  be no
assurance  the Company will be able to discover, develop and produce sufficient
reserves in  Texas  or  elsewhere to recover the costs and expenses incurred in
connection  with  the acquisition,  exploration  and  development  thereof  and
achieve profitability.

On January 8, 2004, the Registrant disposed of its entire interest in Nutek Oil
via a stock dividend  to  Datascension  shareholders  at  a ratio of 1 share of
Nutek Oil common stock for every 500 shares of common stock of Nutek Inc. which
was owned.  Additionally, the balance of the shares remaining was forgiven.

(C) Century Innovations Inc.

Century  Clocks, Inc. (a Nevada Corporation) was incorporated  on  January  15,
1999 by Nutek,  Inc.  On April 30, 1999, clock molds valued at $257,800.00 were
acquired.  Shares  in  the amount of 1,315,000 with a fair market value of $.12
totaling $157,800.00 plus  notes payable in the amount of $100,000 was given in
exchange for the clock molds.   The name of this subsidiary has been changed to
Century Innovations.

Some of the products it has acquired include the following:

(i) TekPlate

An Electrostatic Switch Cover plate  providing  automatic  illumination  in the
event of a power failure.

Registrant purchased the worldwide rights and launched the Tekplate product  in
the market under patent numbers US5473517, US5713655 and US6010228.

TekPlate  is  a specialty line of patented switch plate covers and outlet plate
covers specifically  designed  to  light up automatically when the power fails.
Blackouts can be experienced if an electric utility can't generate enough power
during peak demand. Or electricity could fail during a fire, a thunderstorm, or
an ice storm. No matter what the cause  of failure, TekPlate will automatically
illuminate in the event of power loss.

The TekPlate product is protected under patent  #'s  US5473517,  US5713655  and
US6010228. Additionally, the TekPlate is ETL approved.

(ii) Handi-Plate

Nutek's  FULL  SERVICE(tm) handi-plate is a unique, dish washer safe, versatile
plastic buffet plate  which has a multitude of uses including social gatherings
such as back yard barbecues,  buffets,  picnics,  tailgate  and  parties of any
kind.

The  FULL  SERVICE(tm) system is a unique newly patented versatile product  for
holding food  and  beverage  together on one plate with one hand.  This product
incorporates both the plate and  cup into one unit, making it easy to hold with
one hand.  This unique plate offers  the convenience of carrying any meal and a
beverage with one hand, while leaving  the  other hand free.  Additionally, the
FULL  SERVICE(tm)  system  is  suited  for  sales  promotions,  utilizing  logo
identification of brand products and companies.

(iii)  Promotional Clocks

The  Company  markets  the  clocks  in various ways; the  principle  method  is
targeted  at  the  premium promotional clock  market  through  members  of  the
Advertising Specialties  Institute.  These are companies that offer advertising
and promotional items to companies.  Century  Clocks  is registered supplier to
the Advertising Industry Institute and is identified as supplier asi/44459.

(D) SRC International Inc.

The Company purchased the rights and assets to produce  this  product  from SRC
International,   Lombard,  IL.   (See  Exhibit  10.6,  "Plan  of  Purchase  and
Agreement.")

SRC International  Inc.,  manufacturers the Super Glide, a patented product for
the dry cleaning garment industry.  Super  Glide  is  a rail covering made of a
durable, slick polymer designed to reduce friction between rails and hangers in
the dry cleaning and garment industry.  Super Glide's lack of friction prevents
finished garments from being crushed as they move across  the Super Glide rail.
Super  Glide  negates  the  need  for  sprays  and waxes in use currently,  and
eliminates rust and dirt and keeps operator's hands  and  fingers  clean.   The
glides  are available for a variety of both flat and round rails.  This product
is unique  and  patented and is already selling in the dry-cleaning and garment
industries.

Please refer "Forward-  Looking  Statements  and  Cautionary  Notice  Regarding
Forward Looking Statements."

2) Important Events and Accomplishments

Some events have occurred over the past year, which Nutek believes will  have a
positive effect on Nutek's business.  These favorable events are the following:

June 25, 2003 - Business Growth Sparks Registrants's Plans for New and Expanded
International Facilities.

July  16,  2003  -  Registrant  Announces  Expansion  of Costa Rica Call Center
Facility.

July  21,  2003  -  Datascension Signs Two New Clients: Davidoff  and  a  Major
International Market Research Firm.

July 29, 2003 - Major  Market  Research  Firm Selects Datascension for Hispanic
Market Data Collection.

August 12, 2003 - Registrant Completes Sixth Sequential Profitable Quarter.

August  14, 2003 - Datascension Creates Next-Generation  Reporting  to  Enhance
Research Survey Accuracy.

September  18,  2003  -  Datascension  Growth Continues, Additional Call Center
Capacity Operational.

October  20,  2003 - Registrant Announces  Spin-Off  of  Subsidiary  and  Stock
Dividend.

October  28,  2003  -  Registrant  Announces  TekPlate{trademark}  Approved  by
Insurance Underwriter.

December 8, 2003  -  Registrant  Announces  Restructuring  of  the  Company and
additional Dividend.

3) Competition and Risk Factors

(i) Risks Associated With New Services, Features and Functions

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

Expansion  of  the Company's operations  in  this  manner  would  also  require
significant additional  expenses  and  development, operations, training of the
Company's management, financial and operational  resources.  The lack of market
acceptance of the Company's products would result in the Company's inability to
generate satisfactory revenues and its inability to  offset  their  costs could
have a material adverse effect on the Company's business, results of operations
and financial condition.

(ii) Risks Associated with Acquisitions

If  appropriate  opportunities  present  themselves,  the Company would acquire
businesses, technologies, services or product(s) that the  Company believes are
strategic.

There can be no assurance that the Company will be able to identify,  negotiate
or  finance future acquisitions successfully, or to integrate such acquisitions
with  its  current  business.  The process of integrating an acquired business,
technology, service or  product(s)  into  the  Company may result in unforeseen
operating difficulties and expenditures and may  absorb  significant management
attention  that  would  otherwise be available for ongoing development  of  the
Company's business.  Moreover,  there  can be no assurance that the anticipated
benefits of any acquisition will be realized.  Future acquisitions could result
in potentially dilutive issuances of equity securities, the incurrence of debt,
contingent liabilities and/or amortization expenses  related  to  goodwill  and
other  intangible assets, which could materially adversely affect the Company's
business,   results   of   operations  and  financial  condition.   Any  future
acquisitions of other businesses,  technologies,  services  or product(s) might
require the Company to obtain additional equity or debt financing,  which might
not  be  available  on  terms  favorable  to  the  Company, or at all, and such
financing, if available, might be dilutive.

(iii) General Risks

(a) Customers

The  Company 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, the Company  intends  to  make  a  commitment  to  the  creation and
maintenance  of  brand  loyalty  among  these  groups.   The  Company plans  to
accomplish  this,  although not exclusively, through advertising  its  products
through its Web site  through  the  various  search  engines, through other Web
sites, marketing its site to businesses/customers through e-mail, online media,
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  the
Company  in  building  its brands. If the Company fails to promote and maintain
its brand or incurs substantial  expenses in an attempt to promote and maintain
its brand or if the Company's existing  or  future strategic relationships fail
to  promote  the  Company's brand or increase brand  awareness,  the  Company's
business, results of  operations  and  financial  condition would be materially
adversely affected.

(b) Potential Fluctuations in Operating Results; Quarterly Fluctuations

The Company's operating results may fluctuate significantly  in the future as a
result  of  a  variety  of  factors,  many  of which are outside the  Company's
control.  As a strategic response to changes  in  the  competitive environment,
the Company may from time to time make certain pricing,  marketing decisions or
acquisitions that could have a material short-term or long-term  adverse effect
on the company's business, results of operations and financial condition.

There  can be no assurance that such patterns will not have a material  adverse
effect  on   the  Company's  business,  results  of  operations  and  financial
condition.  There  can  be  no  assurance  that  the  Company  will receive any
material amount of revenue under these agreements in the future.  The foregoing
factors, in some future quarters, may lead the Company's operating  results  to
fall  below the expectations.  Given that our Datascension subsidiary has large
accounts,  the  potential  for  non-payment for work performed is a risk factor
that  needs  to  be  taken into consideration.   The  non-payment  of  a  large
receivable may adversely impact the results and operations of the Company.

(A) Datascension Inc.

There is significant competition  in  the market research and data entry market
segment as well as government regulations,  which  effect  companies  providing
these  services.  Many of our competitors are larger, better-financed companies
and possess  greater  access to necessary resources. Although we are attempting
to establish ourselves  as  a  provider of specialized products and services to
selected niche markets, no assurance can be given that our competitors will not
use their advantages over us, and  more  directly  pursue  the customers we are
attempting to acquire and those who we have already acquired, thereby enhancing
their respective share of the market research and data entry market.

(B) Nutek Oil Inc.

There are many companies and individuals engaged in the oil business.  Some are
very large and well established with substantial capabilities and long earnings
records.  The Registrant is at a competitive disadvantage with  other firms and
individuals  in  acquiring  and  disposing  of  oil properties since they  have
greater financial resources and larger technical staffs than the Registrant. In
addition, in recent years a number of small companies  have  been  formed which
have   objectives  similar  to  those  of  the  Registrant  and  which  present
substantial competition to the Registrant.

A number  of  factors,  beyond the Registrant's control and the effect of which
cannot be accurately predicted,  affect  the  production  and marketing of oil.
These  factors  include  crude  oil imports, actions by foreign  oil  producing
nations,  the  availability  of  adequate  pipeline  and  other  transportation
facilities, the marketing of competitive  fuels and other matters affecting the
availability of a ready market, such as fluctuating supply and demand.

The  Registrant  sells  its  oil  production  to  Texas  oil  refineries.   The
Registrant has no written contracts with purchasers.   The Registrant can offer
no indications that it will be able to produce or even sell  the  oil should it
be successful in producing oil.

(i) Risks and Uncertainties Related to the Oil and Gas Business in General

The  Registrant's operations are subject to all of the risks normally  incident
to the  exploration  for  and  production  of oil and gas, including blow-outs,
cratering, leaks, pollution, fires, and theft  of  equipment.   Each  of  these
incidents  could  result  in  damage  to or destruction of oil and gas wells or
formations of production facilities or  injury to persons, or damage to or loss
of property. As is common in the oil and  gas  industry,  the Registrant is not
fully insured against these risks either because insurance  is not available or
because  the  Registrant  has elected not to insure due to prohibitive  premium
costs.

The Registrant's oil activities have in the past involved exploratory drilling,
which carries a significant  risk  that  no  commercial  oil production will be
found.   The  cost  of  drilling,  completing  and  operating  wells  is  often
uncertain.  Further, drilling may be curtailed or delayed as a result  of  many
factors,  including  title  problems, insufficient funding, weather conditions,
delivery delays, shortages of  pipe  and  equipment,  and  the  availability of
drilling rigs.

(ii) Other Risk Factors

The  oil  business  is further subject to many other contingencies,  which  are
beyond the control of  the  Registrant.   Wells  may have to be shut-in because
they have become uneconomical to operate due to changes  in  the  price of oil,
depletion of reserves, or deterioration of equipment.  Changes in the  price of
imported  oil,  the discovery of new oil and gas fields and the development  of
alternative energy sources have had and will continue to have a dramatic effect
on the Registrant's business.

(C) Century Innovations Inc.

The competition that does exist comes from products either manufactured outside
of the United States  or  is  repackaged  on  arrival in the United States. The
Company  needs  to  be  able  to  compete  against  these  products  to  remain
competitive.

The retailing industry is highly competitive. The Company's competitors include
foreign and domestic suppliers, and competitive companies that have established
their  products with national and regional chains, department  stores,  catalog
showrooms,   discounters,   direct  mail  suppliers,  televised  home  shopping
networks, manufacturers, distributors and large wholesalers and importers, some
of whom have greater resources  than  the  Company.   The Company believes that
competition in its markets is based primarily on price, design, product quality
and service.

(D) SRC International Inc.

The retailing industry is highly competitive. The Company's competitors include
foreign and domestic suppliers, and competitive companies that have established
their products with manufacturers and distributors, some  of  whom have greater
resources  than  the  Company.   The Company believes that competition  in  its
markets is based primarily on price, design, product quality and service.


4) Patents, Trademarks, Licenses,  Franchises, Concessions, Royalty Agreements,
and Labor Contracts

On July 24, 2001, Registrant purchased worldwide licensing rights to market the
Tekplate product under patent numbers US5473517, US5713655 and US6010228.

The  Company regards substantial elements  of  its  operations  and  underlying
infrastructure  and  technology  as proprietary and attempts to protect them by
relying  on  trademark, service mark,  copyright  and  trade  secret  laws  and
restrictions on  disclosure  and  transferring  title  and  other methods.  The
Company  plans  to  enter  into  confidentiality  agreements  with  its  future
employees, future suppliers and future consultants and in connection  with  its
license  agreements with third parties and generally seeks to control access to
and  distribution  of  its  technology,  documentation  and  other  proprietary
information.   Despite  these precautions, it may be possible for a third party
to copy or otherwise obtain  and  use  the  Company's  proprietary  information
without authorization or to develop similar technology independently.

There  can  be  no  assurance  that the steps taken by the Company will prevent
misappropriation or infringement  of  its  proprietary information, which could
have a material adverse effect on the Company's business, results of operations
and financial condition. Litigation may be necessary  in  the future to enforce
the  Company's  intellectual  property rights, to protect the  Company's  trade
secrets or to determine the validity  and  scope  of  the proprietary rights of
others.   Such litigation might result in substantial costs  and  diversion  of
resources and  management  attention.   Furthermore,  there can be no assurance
that the Company's business activities will not infringe  upon  the proprietary
rights  of  others,  or that other parties will not assert infringement  claims
against the Company.   Moreover,  from time to time, the Company may be subject
to claims of alleged infringement by  the  Company  or  service marks and other
intellectual property rights of third parties.  Such claims  and  any resultant
litigation, should it occur, might subject the Company to significant liability
for  damages, might result in invalidation of the Company's proprietary  rights
and, even  if  not meritorious, could result in substantial costs and diversion
of resources and  management attention and could have a material adverse effect
on the Company's business, results of operations and financial condition.

5) Regulation

The Registrant's oil  production activities are, and any drilling operations of
the Registrant would be,  subject  to extensive regulation by numerous federal,
state  and  local  governmental  authorities,   including   state  conservation
agencies,  the  Department  of  Energy  and  the  Department  of  the  Interior
(including  the  Bureau  of  Indian  Affairs  and  Bureau  of Land Management).
Regulation of the Registrant's production, transportation and  sale  of  oil or
gas have a significant effect on the Registrant and its operating results.

State Regulation - The current production operations of the Registrant are, and
any  drilling  operations of the Registrant would be, subject to regulation  by
state conservation  commissions  which have authority to issue permits prior to
the  commencement  of  drilling  activities,   establish   allowable  rates  of
production,  control  spacing  of wells, prevent waste and protect  correlative
rights, and aid in the conservation  of  natural  gas  and  oil.  Typical state
regulations require permits to drill and produce oil, protection of fresh water
horizons, and confirmation that wells have been properly plugged and abandoned.

6) Effect of Existing or Probable Government Regulations

There  can  be  no assurance that State government will not attempt  to  impose
regulations upon  the  Company  in  the future or that such imposition will not
have a material adverse effect on the Company's business, results of operations
and financial condition.

Changes  to  existing laws or the passage  of  new  legislation,  could  create
uncertainty in  the  marketplace  that  could reduce demand for the services or
products of the Company or increase the cost  of  doing business as a result of
litigation  costs or increased manufacturing costs,  or  could  in  some  other
manner have a  material  adverse  effect  on the Company's business, results of
operations  and  financial  condition.   In  addition,  because  the  Company's
products  are accessible worldwide, and the Company  may  facilitate  sales  of
goods to users  worldwide,  other  jurisdictions  may claim that the Company is
required to qualify to do business as foreign corporation  in  particular state
or foreign country.

7) Research and Development Activities

The  Company,  among other things, plans to develop and upgrade its  technology
and information-processing  systems,  meet  the  needs  of  a  changing market,
provide  superior  customer  service,  respond to competitive developments  and
attract, integrate, and motivate qualified  personnel  provided the company can
generate sales and profits on an ongoing basis.

There can be no assurances the Company will be successful  in accomplishing any
or  all  of  its plans, and the failure to do so could have a material  adverse
effect  on  the   company's  business,  results  of  operations  and  financial
condition.

8)  Impact of Environmental Laws

Environmental Matters - Various federal and state authorities have authority to
regulate the exploration  and development of oil and gas and mineral properties
with respect to environmental matters.  Such laws and regulations, presently in
effect or as hereafter promulgated,  may  significantly  affect the cost of its
current   oil  production  and  any  exploration  and  development   activities
undertaken  by  the  Registrant  and  could  result in loss or liability to the
Registrant  in  the  event  that any such operations  are  subsequently  deemed
inadequate for purposes of any such law or regulation.

The Company is not aware of any  federal,  state  or  local environmental laws,
which would effect its other operations.

9) Pursue Strategic Acquisitions and Alliances

The  Company believes that there are numerous opportunities  to  acquire  other
businesses  with  established  bases,  compatible  operations,  experience with
additional  synergistic  aspects,  and  experienced  management.   The  Company
believes  that  these  acquisitions,  if  successful,  will  result in mutually
beneficial  opportunities,  and may increase the Company's revenue  and  income
growth.  The Company intends  to  seek  opportunities  to  acquire  businesses;
services  and/or  technologies  that  it  believes will complement its business
operations.   The  Company plans to seek opportunistic  acquisitions  that  may
provide complementary  services,  expertise  or  access to certain markets.  No
potential acquisition candidates have been identified  as  of  yet, but if they
had,  no assurance can be given that any transactions will be effected,  or  if
effected, will be successful.

In addition, the Company may execute strategic alliances with partners who have
established operations.  As part of these joint venture agreements, the Company
may make  investments  in or purchase a part ownership in these joint ventures.
The Company believes that  these  joint  venture  relationships, if successful,
will  result  in  synergistic  opportunities,  allowing  the  Company  to  gain
additional insight, expertise and penetration in  markets  where  joint venture
partners  already  operate,  and may increase the Company's revenue and  income
growth.   No  specific  joint venture  agreements  have  been  signed,  and  no
assurance can be given that  any  agreements  will be effected, or if effected,
will be successful.

10) Product Liability Insurance

Although the Company believes its products are  safe,  it  may  be  subject  to
product  liability claims from persons injured through the use of the Company's
marketed products  or  services.   The Company carries direct product liability
insurance.  There is no assurance that this insurance will adequately cover any
liability claims brought against the  Company.   There also can be no assurance
that  the  Company  will  be able to maintain its own  liability  insurance  on
economically  feasible terms.   The  Company's  failure  to  maintain  its  own
liability insurance  could  materially adversely affect its ability to sell its
products in the future. Although  no product liability claims have been brought
against the Company to date, if there  were any such claims brought against the
Company, and the company did not have product  liability insurance, the cost of
defending against such claims and any damages paid by the Company in connection
with  such  claims could have a materially adverse  impact  upon  the  company,
including its financial position, results of operations and cash flows.

11) Employees

The Company currently  has  four  hundred twenty eight (428) employees of which
six (6) are Officers of the Company  as  of  December 31, 2003.  As the Company
continues to grow and offer additional services  and retain additional clients,
it will need to add employees.

(i) The Company's performance is substantially dependent  on the performance of
its executive management team.  In particular, the Company's success depends on
their  ability to identify, develop, acquire, design and market  the  company's
products and services.

(ii) The  Company  does  not  carry  key  person  life  insurance on any of its
personnel. The loss of the services of any of its executive  officers  or other
key employees could have a material adverse effect on the business, results  of
operations  and  financial  condition  of  the  Company.   The Company's future
success  also  depends  on  its ability to retain and attract highly  qualified
technical and managerial personnel.

(iii) There can be no assurance that the Company will be able to retain its key
managerial and technical personnel  or  that  it  will  be  able to attract and
retain  additional highly qualified technical and managerial personnel  in  the
future.    The  inability  to  attract  and retain the technical and managerial
personnel necessary to support the growth  of  the  Company's business, due to,
among other things, a large increase in the wages demanded  by  such personnel,
could  have a material adverse effect upon the Company's business,  results  of
operations and financial condition.

12) The Industry & Potential Effect on the Company's Plan of Operations

The  rapid  adoption  of  the  Internet  as  a  means  to  gather  information,
communicate,  interact and be entertained, combined with the vast proliferation
of Web sites, has  made  the  Internet  an  important new mass medium. With the
volume of sites and vast abundance of information  available  on  the Internet,
users  are  increasingly  seeking  an online home where they can interact  with
others  with  similar  interests and quickly  find  information,  products  and
services related to a particular interest or need.

The  Company plans to market  its  products  through  the  retail  channels  of
distribution,  the  Internet,  and  utilizing  contract  sales representatives.
Failure  by  the Company to adapt to changing market conditions  could  have  a
material adverse  effect  on  the Company's business, results of operations and
financial condition.

13) Risk Factor that the Company has no contractual restrictions to incur debt.

The Company does not currently have any contractual restrictions on its ability
to incur debt and, accordingly,  the Company could incur significant amounts of
indebtedness to finance its operations.   Any  such  indebtedness could contain
covenants,  which would restrict the Company's operations.   There  can  be  no
assurance that additional financing will be available on terms favorable to the
Company, or at  all.   If adequate funds are not available or are not available
on acceptable terms, the Company may not be able to continue in business, or to
a lesser extent not be able  to  take  advantage  of acquisition opportunities,
develop or enhance services or products or respond to competitive pressures.


ITEM 2.  DESCRIPTION OF PROPERTY.

The address of the principal office is:  6330 McLeod Drive, Suite 1, Las Vegas,
Nevada  89120.  This office is approximately 2,080 square  feet  and  leases  a
separate  warehouse  location  with  an  aggregate  monthly  rental  of $2,895.
Additionally,  the Company 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  2003  and  2002
respectfully was $165,894 and $308,889.


ITEM 3.  LEGAL PROCEEDINGS.

The Company 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 the Company is  routine and incidental, such litigation can result
in large monetary awards for compensatory or punitive damages.

The Company was in litigation  with  three separate lawsuits during 2003.  They
were:

The previous facility leased by Registrant  in  Henderson Nevada was leased for
the purpose of consolidating all the operations into  one  location.   A  prior
tenant  of the premises had vacated the premises leaving fixtures that occupied
approximately 50% of the floor space in the warehouse.  The landlord had agreed
to have this equipment removed within 90 days.  This did not occur and after 14
months, when  the  equipment had not been removed from the premises; a decision
was made to find alternate  premises  and  terminate the lease for cause.  This
court case went to trial during January of 2004  and  the courts found in favor
of the prior landlord for the amount owed to them through the time necessary to
re-let the premises to a new tenant.  The Registrant has  recorded  this  as  a
contingency and expensed this in 2003.

The  Company,  along  with a number of individual shareholders, filed a federal
lawsuit on March 21, 2003  in  the  United  States  District Court, District of
Nevada,  against  Ameritrade  Holding  Corp.,  E*Trade  Group   Inc.,  Fidelity
Brokerage Services LLC, Maxim Group LLC and Charles Schwab & Company  Inc., for
securities fraud, breach of contract, and negligence, among other claims.   The
plaintiff  group is also demanding declaratory and injunctive relief, including
asking for general, special and punitive financial damages; and that the matter
be taken up  for  jury  trial in the jurisdiction of the United States District
Court's Nevada District.   The  plaintiffs  filed an amended complaint alleging
securities  fraud;  common  law  fraud; conversion;   negligence;   breach   of
contract;  breach  of  covenant of good  faith  and  fair  dealing;  negligence
based on knowledge of  specific   problems   in   the  securities industry; bad
faith  conduct;   deceptive trade practice; racketeering;   interference   with
contracts;  interference  with  prospective  economic  advantages;  conversion;
conspiracy; declaratory  relief  and  injunctive  relief. The amended complaint
also added (a) fifteen (15) additional plaintiffs, bringing the total number of
plaintiffs    to   twenty-five   (25),  and  (b)   thirty    (30)    additional
defendants,   including    twenty    two   (22)   named  individuals  from  the
securities  industry.   The  twenty-five   (25)   plaintiff  shareholders  have
collectively purchased in excess of 4,827,981 shares  of  Nutek Inc., for which
physical  delivery  has  been  demanded.    In  addition to delivery  of  their
physical share certificates, the plaintiffs are each  seeking  $10  million  in
general  damages  and  $10 million in punitive damages, to be tripled under the
RICO Act for the failed delivery of their shares and other misconduct.

During 2003, a suit was  filed against the Registrant's Nutek Oil subsidiary by
a former employee, who subsequent  to  the  balance  sheet  date,  was  awarded
$81,700 at the arbitration hearing.  There is an agreement for settlement for a
reduced  amount  of $45,000.  The Registrant has recorded this as a contingency
and expensed this in 2003.


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, 2003.

                                PART II

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

A.  Market Information

(1)  The  Company's common stock is listed and trading on  the  NASD  Over  The
Counter Bulletin Board (OTCBB) under the trading symbol DTSN.

CERTAIN MARKET INFORMATION

The Company's  Common  Stock  is traded on the OTC Bulletin Board (OTCBB) under
the  symbol "DTSN". 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.

                                 Common Stock

<TABLE>
<CAPTION>
PERIOD                       HIGH  LOW
<S>                           <C>    <C>

Calendar Year 2001
First Quarter ended 3/31/01  $0.30 $0.18
Second Quarter ended 6/30/01 $0.34 $0.14
Third Quarter ended 9/30/01  $0.22 $0.07
Fourth Quarter ended 12/31/01$0.22 $0.07

Calendar Year 2002
First Quarter ended 3/31/02  $0.13 $0.05
Second Quarter ended 6/30/02 $0.135$0.06
Third Quarter ended 9/30/02  $0.12 $0.04
Fourth Quarter ended 12/31/02$0.10 $0.035

Calendar Year 2003
First Quarter ended 3/31/03  $0.08 $0.04
Second Quarter ended 6/30/03 $0.11 $0.04
Third Quarter ended 9/30/03  $0.10 $0.07
Fourth Quarter ended 12/31/03$0.09 $0.06
</TABLE>


(2)

(i)  There is currently no Common Stock which is subject to outstanding options
or warrants to purchase, or securities convertible into,  the  Company's Common
Stock.

(ii)  There are approximately 6,969,734 shares of restricted stock,  which  are
more than  two years old that could be sold under Rule 144 under the Securities
Act of 1933, as amended.

(iii) There  is  currently  no common equity that is being or is proposed to be
publicly offered by the registrant, the offering of which could have a material
effect on the market price of the issuer's common equity.

B. Holders

As of December 31, 2003, the  Company  has approximately seven hundred nineteen
(719) stockholders of record.

C.  Dividends

The Company 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  the  Company will review its dividend policy from time to time to
determine the desirability  and  feasibility  of  paying dividends after giving
consideration   to  the  Company's  earnings,  financial   condition,   capital
requirements and such other factors as the board may deem relevant.

D. Recent Sales of Unregistered Securities

Since January 1,  2003, the Company has sold the unregistered securities listed
below.   These  issuances  were  deemed  exempt  from  registration  under  the
Securities  Act  in  reliance  on  Section  4(2)  of  the  Securities  Act,  as
transactions not involving  a  public  offering,  under the Securities Act.  No
commissions were paid to any placement agent or underwriter  for  any  of these
issuances.

During  the  fiscal year ended December 31, 2003, 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
and  pursuant  to  Regulation S, as follows: (1) 1,683,741 shares of restricted
common stock were issued  for  the  settlement  of bonds payable, (2) 5,504,729
shares of restricted common stock were issued for  services valued at $197,560,
(3)  3,638,889 shares of restricted common stock were  sold  to  investors  for
$117,047  and (4) 50,750,800 shares of common stock were issued upon conversion
of the Series A Preferred Stock.

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

The following is a discussion of certain factors affecting Registrant's results
of operations,  liquidity  and capital resources. You should read the following
discussion  and  analysis in conjunction  with  the  Registrant's  consolidated
financial statements  and  related  notes that are included herein under Item 7
below.

CAUTIONARY STATEMENTS FOR PURPOSES OF THE SAFE HARBOR PROVISIONS OF THE PRIVATE
SECURITIES LITIGATION REFORM ACT OF 1995.

The statements contained in the section  captioned  Management's Discussion and
Analysis of Financial Condition and Results of Operations  which are historical
are  "forward-looking  statements"  within the meaning of Section  27A  of  the
Securities Act of 1933, as amended, and  Section 21E of the Securities Exchange
Act  of  1934,  as  amended.  These forward-looking  statements  represent  the
Registrant's present expectations  or  beliefs  concerning  future  events. The
Registrant  cautions  that  such  forward-looking statements involve known  and
unknown risks, uncertainties and other  factors  which  may  cause  the  actual
results,  performance  or  achievements  of  the  Registrant  to  be materially
different  from  any  future results, performance or achievements expressed  or
implied by such forward-looking  statements.  Such factors include, among other
things, the uncertainty as to the Registrant's future profitability; the
uncertainty as to the demand for Registrant's services;  increasing competition
in the markets that Registrant conducts business; the Registrant's  ability  to
hire, train and retain sufficient qualified personnel; the Registrant's ability
to obtain financing on acceptable terms to finance its growth strategy; and the
Registrant's ability to develop and implement operational and financial systems
to manage its growth.

1) Plan of Operation

The  Company  is  engaged  in  multiple  business  activities,  which currently
include:

(A)  Datascension International Inc., which conducts telephone market  research
and provides data entry services for third parties;
(B) Nutek Oil Inc, which owns the rights to oil leases in Texas;
(C) Century  Innovations  Inc.,  which  markets  a patented safety product that
replaces  standard  light  switch  cover  plates  that  automatically   provide
illumination  in  the event of a power failure; a patented plastic buffet plate
that allows the user  to  hold  both  a  plate  and  cup  in  one hand' and the
productions of plastic wall clocks;
(D) SRC International Inc., which produces plastic coverings for metal rails.

The  Company's  websites  can  be  found  at:  www.nutk.com;  www.tekplate.com;
www.nutekoil.com and www.datascension.com

(i) Short-term Objectives:

 -  Continue the expansion of Datascension.
 -  Make acquisitions of strategic competitors.
 -  Develop strategic Joint Venture relationships.

 Concurrent  with the name change from Nutek to Datascension, the  Company  has
 made the decision  to  eliminate  certain  operations  to  focus  more  of its
 resources on its core growth operations. As discussed in our December 8,  2003
 press release, the company has undergone a corporate restructuring allowing us
 to  focus  and  have  the  Company's  capital  better  utilized  in  expanding
 Datascension  International  moving  forward.   This  restructuring will allow
 Nutek  Oil  to operate independently of the parent and have  the  Datascension
 International  results  reflect  its own operations.  Datascension anticipates
 these actions will reduce operating  expenses  and  at  the  same  time have a
 significant  impact  on  increasing  revenue  and profits.  Additionally,  the
 company is potentially seeking a listing on a larger exchange and has expensed
 all known contingent liabilities in 2003 to reflect accurate trends in 2004.

(ii) Long-term Objectives:

 - Secure additional business opportunities for Datascension International.
  -  Grow  the  Datascension  International  operations   extensively   through
acquisitions of smaller call center operations which stand to benefit from  the
work being shifted overseas.
  -  Expand  Datascension  International's  Costa  Rica  and Dominican Republic
operations.
 - Complete spin-off of investment in Nutek Oil.

There is a planned sale of significant equipment and assets  to include, Kristi
& Co., Inc, and SRC International Inc.  Since the TekPlate product has been put
into the Century Innovations subsidiary, that company is expected  to  be  spun
off  and  function  as a separate entity and continue to pursue national leads.
Excluding any potential  acquisition,  the  Company's  Costa Rica and Dominican
Republic work force is expected to increase at a rate equal to actual increases
of  our  business  operations.   Through  technological  innovations  (such  as
predictive phone dialers), the expansion of our business should be able to grow
at a rate slightly faster than required employee and payroll increases.

Management is of the opinion that sufficient working capital  will be available
from internal operations and from outside sources during the next twelve months
thereby enabling Datascension to meet its obligations and commitments  as  they
become  payable.  Historically, Datascension has been successful in its efforts
to secure working capital  from  private placements of common stock securities,
bank debt, and loans from private  investors.   Currently, Mr. Conradie and Mr.
Kincer  have  both provided significant personal collateral  to  the  Company's
bankers in return for a line of credit.

2) Results of Operations

For the calendar  year,  ended  December  31,  2003,  the Company has generated
$7,057,087 in revenues and generated a profit before contingencies  of $154,605
and  a  loss  after  contingencies  of  $(182,895)  for  the same period.  This
compares to $6,594,154 in revenues and a profit of $458,413  for  the  calendar
year  ended December 31, 2002.  For the calendar year ended December 31,  2003,
the Company  decreased its working capital position from $1,040,123 at December
31, 2002 to $417,626 at December 31, 2003.

Analysis of the  calendar year ended December 31, 2003 compared to the calendar
year ended December 31, 2002.

For the calendar year  ended  December  31,  2003,  revenues were approximately
$7,057,087  compared  to $6,594,154 for the calendar year  ended  December  31,
2002, an increase of $462,933.  The  increase was due to revenue growth derived
from the continued growth of our Datascension  International  operation and the
increase  in revenues derived from the acquisition in Costa Rica.   The  steady
increase in  oil  prices benefited the oil production with revenues recorded at
gross revenue with working interest costs deducted as a contra-revenue account.

Gross profit was $3,017,743  for  the  calendar  year  ended  December 31, 2003
compared  to  $4,032,351  for  the  calendar  year ended December 31,  2002,  a
decrease of $1,014,608. The decrease was due to increased payroll costs derived
from  the continued growth of our Datascension International  operation,  along
with the  expansion of  new and  existing  facilities,  resulting in  increased
investment  in training of employees.

SG&A expense  decreased  to $2,633,934 for the calendar year ended December 31,
2003 from $3,437,699 for the  calendar year ended December 31, 2002, a decrease
of $803,765. The decrease in SG&A was due to the reduction in work force in our
California facility and relatively low management labor costs in the Costa Rica
facility.

Depreciation expense for the calendar year ended December 31, 2003 was $276,593
compared to $224,042 for the calendar year ended December 31, 2002, an increase
of $52,551. The increase resulted  from the acquisition of additional assets in
the Datascension International and Nutek Oil divisions.

Interest expense for the calendar year  ended  December  31,  2003  was $97,728
compared  to $73,890 for the calendar year ended December 31, 2002 an  increase
of $23,838.  The increase is from an increase in debt due to continued internal
growth.

Amortization  expense  for  the  calendar  year  ended December 31, 2003 was $0
compared to $0 for the calendar year ended December 31, 2002, a decrease of $0.
The  company  is testing the intangibles assets on an  annual  basis  and  will
impose any necessary  impairment,  should one exist, rather than amortizing the
intangibles.  See Note 2 of the financial statements.

Along with the restructuring of the company in late 2003, Management decided to
additionally expense all known contingencies at the end of 2003 and enter  2004
with all known  extraordinary items removed.  With  this move, along  with  the
dividend of  Nutek Oil, to  allow the oil company  to operate as  a  standalone
entity, will allow shareholders to more readily identify accurate trends moving
forward and  compare the  Companys results with those  of the other  leaders in
the industry.


3) Liquidity and Capital Resources

On  December  31,  2003  the  Company had  assets  of  $8,052,912  compared  to
$7,939,173 on December 31, 2002,  an  increase  of $113,739.  The Company had a
total  stockholders'  equity of $6,357,264 on December  31,  2003  compared  to
$6,298,415 on December 31, 2002, an increase of $58,849.

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

On  December  31,  2003  the  Company  had  Property  and  Equipment   (net  of
depreciation) of $3,374,421 compared to $2,953,336 on December 31, 2002,  or an
increase  of  $421,085  which is a result of the purchase of equipment in Costa
Rica and the new Dominican Republic facility.

For the calendar year ended  December  31,  2003, the Company has decreased its
working capital position by $622,497 from $1,040,123  at  December  31, 2002 to
$417,626 at December 31, 2003.  The decrease is due to the expected maturity of
debt during the next 12 months, although management feels the refinance of such
debt and renewal of the respective lines of credits are likely.

Going  Concern  -  The  Company's  financial statements are prepared using  the
generally accepted accounting principles  applicable  to a going concern, which
contemplates the realization of assets and liquidation  of  liabilities  in the
normal  course  of  business.   The  financial  statements  do  not include any
adjustments relating to the recoverability and classification of asset carrying
amounts  or the amount of liabilities that might result should the  Company  be
unable to continue as a going concern.

The Company's  consolidated  financial  statements  have  been  prepared on the
assumption  the Company will continue as a going concern.  Management  believes
that current  operations  will  continue to provide sufficient revenues to meet
operating costs and expansion.

Unclassified Balance Sheet - In accordance  with the provisions of SFAS No. 53,
the Company has elected to present an unclassified balance sheet.

Loss Per Share - The Company adopted the provisions  of  Statement of Financial
Accounting  Standards ("SFAS") No. 128, "Earnings Per Share"  that  established
standards for  the  computation,  presentation  and  disclosure of earnings per
share ("EPS"), replacing the presentation of Primary EPS with a presentation of
Basic EPS. It also requires dual presentation of Basic  EPS  and Diluted EPS on
the face of the income statement for entities with complex capital structures.

4)  Subsequent Events

Events  that  have occurred after the period ending December 31,  2003  are  as
follows:

The company changed  its  name  from  Nutek  Inc.  to  Datascension  Inc.   The
Company's  wholly  owned subsidiary changed its name from Datascension, Inc. to
Datascension International.

On January 8, 2004, the Registrant disposed of its entire interest in Nutek Oil
via a stock dividend  to  Datascension  shareholders  at  a ratio of 1 share of
Nutek Oil common stock for every 500 shares of common stock of Nutek Inc. which
was owned.  Additionally, the balance of the shares remaining was forgiven.

Upon changing the Company's name, the Company also required a mandatory share
exchange, which began on January 26, 2004, NASDAQ changed trading and quotation
of Datascension  Inc.'s  securities  on  the  OTC Bulletin Board ("OTCBB") to a
"when-issued" basis.  The trading symbol was set at "DTSNV".  On March 25,
2004, the NASD removed the "V" from the Registrant's stock symbol.  All trades
conducted while the "V" was present, that is "trading as when issued", were
expected to cleared and settled by March 30, 2004.  The Company's stock symbol
became DTSN and was changed back to T+3 status effective March 25, 2004.

The Company has accrued contingent liabilities in the amount  of  $338,461.  As
of March 25, 2004, $112,500 of the contingent liabilities has been  settled for
the amount accrued, the remaining balance is expected to be settled within  the
coming  months.   There  is an agreement for settlement for a reduced amount of
$45,000.  The Registrant has  recorded  this as a contingency and thus expensed
in 2003.


ITEM 7.  FINANCIAL STATEMENTS.






                                  NUTEK, INC.

                      CONSOLIDATED FINANCIAL  STATEMENTS

                            FOR  THE  YEARS  ENDED
                        DECEMBER  31,  2003  AND  2002



<PAGE>



                                  NUTEK, INC.

                               TABLE OF CONTENTS



                                                                  PAGE

INDEPENDENT AUDITORS' REPORT                                        1

CONSOLIDATED FINANCIAL STATEMENTS:

      Consolidated Balance Sheets                               2 - 3

      Consolidated Statements of Income                             4

      Consolidated Statement of Changes in Stockholders' Equity 5 - 6

      Consolidated Statements of Cash Flows                     7 - 8

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS                     9 - 17

<PAGE>







                         INDEPENDENT AUDITORS' REPORT


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  2002 (adjusted),   and
the related consolidated statements of income, changes in stockholders' equity,
and  cash flows  for  the  years   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 auditing  standards  generally
accepted in the United States of America.  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 2002 (adjusted),  and  the  results  of  its  operations  and cash
flows for the  years  then  ended  in  conformity  with  accounting  principles
generally accepted in the United States of America.


Gary V. Campbell, CPA, Ltd.

Las Vegas, Nevada
March 30, 2004
                                                                             1

<PAGE>

				NUTEK INC.
			     BALANCE SHEETS
		     AS OF DECEMBER 31, 2003 AND 2002 (Adjusted)

<TABLE>
<CAPTION>

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

                                               2003        2002
CURRENT ASSETS:
Cash                                           $122,891     $44,371
Accounts receivable                           1,087,694   1,293,722
Inventory                                       227,997     222,890
Accrued income                                   11,200      11,200
Prepaid expenses                                194,623     119,408
Note receivable, related party                    1,250       7,500
Current portion of notes receivable             451,054     753,206
					      ---------	  ---------
                                              2,096,709   2,452,297

Property and Equipment, net of
  accumulated depreciation                    3,374,421   2,953,336

OTHER ASSETS:

Notes receivable, net of current portion          5,800       5,800
Patent rights acquired, net of amortization     561,262     561,262
Long-term investment                              8,000       8,000
Website assets, net of amortization              29,340      19,654
Customer lists, net of amortization              43,611      43,583
Patterns-designs, net of amortization            44,583      44,488
Packaging design-artwork, net of amortization    86,512      69,687
Deposits                                         51,892      30,284
Goodwill                                      1,692,782   1,692,782
Trademarks                                        8,000       8,000
Licensing fees                                   50,000      50,000
					      ---------	  ---------
                                              2,581,782   2,533,540

TOTAL ASSETS                                 $8,052,912  $7,939,173
					     ==========	 ==========
   LIABILITIES AND STOCKHOLDERS' EQUITY

                                               2003        2002
CURRENT LIABILITIES:
Accounts payable                             $  278,022  $  591,723
Accrued expenses                                182,377     153,233
Accrued contingent liabilities                  338,461           -
Line of credit	                                449,650     373,800
Notes payable, related party                    328,540     170,000
Current portion of long-term notes payable      102,033     123,418
					      ---------	  ---------
TOTAL CURRENT LIABILITIES                     1,679,083   1,412,174


Long-term notes payable, net of
  current portion                                16,565      58,173
Bonds Payable                                         -     170,411
					      ---------	  ---------
Total long-term debt                             16,565     228,584
					      ---------	  ---------

TOTAL LIABILITIES                             1,695,648   1,640,758
					      ---------	  ---------

STOCKHOLDERS' EQUITY:
Common stock:

Common stock, $0.001 par value, 200,000,000
  shares authorized; 151,510,402 shares issued,
  150,552,069 and 88,973,910 outstanding at
  December 31, 2003 and 2002, respectively.     150,554      88,974

Preferred stock Series A:
  Preferred stock, $0.001 par value, 10,000,000
  shares authorized; 0 and 559,500
  Series A shares issued and outstanding at
  December 31, 2003 and 2002, respectively.           -         560

Preferred stock Series B:
  Preferred stock, $0.001 par value, 10,000,000
  shares authorized; 508,500
  Series B shares issued and outstanding at
  December 31, 2003 and 2002, respectively.         509         509

Additional paid-in capital-common stock      10,802,058   7,555,558
Additional paid-in capital-preferred Series A         -   3,021,131
Additional paid-in capital-preferred Series B   507,992     507,992
Noncontrolling interest in subsidiary
    of Nutek Oil, Inc. 			        311,137     355,782
Subscriptions receivable                       (153,750)   (153,750)
Treasury stock, at cost; 958,333 shares at
  December 31, 2003 and 2002, respectively.    (134,388)   (134,388)
Accumulated deficit                          (5,126,848) (4,943,953)
					      ---------	  ---------
    Total stockholders' equity                6,357,264   6,298,415
					      ---------	  ---------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY   $8,052,912  $7,939,173
					     ==========	 ==========
</TABLE>

	  	The accompanying notes to the financial statements are
		    an integral part of these financial statements.




				NUTEK INC.
			  STATEMENT OF OPERATIONS
	      FOR THE YEAR ENDED DECEMBER 31, 2003 AND 2002 (Adjusted)

<TABLE>
<CAPTION>

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

                  		    2003       2002

Revenues          		  $7,057,087 $6,594,154

COST OF GOODS SOLD 		   4,039,344  2,561,803
		  		  ----------  ---------
GROSS PROFIT       		   3,017,743  4,032,351

EXPENSES:
General and Administrative	   2,633,934  3,437,699
Depreciation and Amortization        276,593    224,042
				   ---------  ---------
  Total Expenses	           2,910,527  3,661,741
			    	   ---------  ---------
Operating Income                     107,216    370,610

Other Income (Expense)
Interest income    		       1,898      1,729
Forgiveness of debt 		      99,274    140,227
Interest expense 		     (97,728)   (73,890)
Other income                          17,352      3,634
Minority interest, Nutek Oil          26,593     16,818
Gain on Disposition of asset               -       (715)
				   ----------  ---------
  Total Other Income (Expense)        47,389     87,803
				   ----------  ---------
Net Income before Contingencies    $ 154,605    $458,413

Contingency Accruals		   $(292,500)          -
Lawsuit Liability		     (45,000)	       -
				   ----------  ---------
Net Income after Contingencies     $(182,895)   $458,413
				   ==========  =========
Basic weighted average number of
  common shares outstanding	   96,172,507 81,317,756

Diluted weighted average number of
  common shares outstanding	   96,172,507 141,427,000

Basic Net Income (loss) per share    $(0.002)	$0.006

Diluted Net Income (loss) per share  $(0.002)	$0.004


</TABLE>


	  	The accompanying notes to the financial statements are
		    an integral part of these financial statements.




						Nutek Inc.
				Statement of Changes in Stockholder's Equity
					    For the Years ended
					December 31, 2003 and 2002 (Adjusted)

<TABLE>
<CAPTION>

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

Balances at
December 31, 2001 71,392,535       71,392  10,505,593      596,408        596                 -        793,500

Issuance of
common
stock for            850,000          850           -            -          -                 -              -
settlement of
lawsuit

Cancellation of            -            -         285            -          -                 -      (285,000)
Preferred Shares

Forgiveness of        53,535           54       1,284            -          -                 -              -
Debt

Stock Issued for     913,533          914      24,298            -          -                 -              -
Services

Prior period               -            -   (108,850)            -          -                 -              -
adjustment

Reversal of                -            -   (180,000)            -          -                 -              -
Electrostatic
Purch.

Purchase of Sin   13,517,240       13,517     966,483            -          -                 -              -
Fronteras

Reclassification
of Prepaid
Expense to                                          -            -          -                 -              -
Subscribed Stock

Stock Issued to      297,915          298       7,202            -          -                 -              -
Employees

Purchase of                -            -           -            -          -                 -              -
Treasury Stock

Sale of Stock      1,949,152        1,949      68,350            -          -                 -              -

Allocate APIC to           -            - (3,729,087)            -          -         3,221,095              -
Preferred Shares

Retirement of              -            -           -     (36,900)       (37)      (199,963.10)              -
Preferred

Exchange of
Subsidiary Stock
for Note Payable           -            -           -            -          -                 -              -

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

Net Profit (Loss)
for Year
Ended December             -            -           -            -          -                 -              -
31, 2002

Balance at        88,973,910       88,974   7,555,559      559,508        560         3,021,132        508,500
December 31, 2002


Sale of Stock      3,638,889        3,629     113,408            -          -                 -      	     -


Issuance for settlement
 of bonds	   1,683,741        1,684     106,507            -          -                 -              -

Stock Issued for   5,504,729        5,505     192,055            -          -                 -              -
Services

Retirement of              -            -           -     (52,000)       (52)         (136,357)              -
Preferred

Preferred Shares
  Converted   	  50,750,800       50,752  2,834,532     (507,508)	(508)  	    (2,884,774)              -

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

Net Profit (Loss)
for Year
Ended December             -            -           -            -          -                 -              -
31, 2003

Balance at       150,552,069      $150,554  10,802,058       	 -          -        	      -		     -
December 31, 2003


	  The accompanying notes to the financial statements are an integral part of these financial statements.



						- F5 -



						Nutek Inc.
				Statement of Changes in Stockholder's Equity (cont.)
					    For the Years ended
					December 31, 2003 and 2002


                  Preferred    Preferred                                 Non-Controlling
                                  - B
                    Stock      Add. Paid   Treasury     Subscribed      Interest In        Income    Total
                  Series B     In Capital   Stock         Stock        Subsidiary        Deficit     Equity

Balances at
December 31, 2001        794            -    (52,388)            -          -         (5,205,454)     5,320,534

Issuance of
common
stock for                  -            -           -            -          -              -              850
settlement of
lawsuit

Cancellation of        (285)            -           -            -          -                 -   	     -
Preferred Shares

Forgiveness of             -            -           -            -          -              -            1,338
Debt

Stock Issued for           -            -           -      (3,750)          -          (11,162)        10,300
Services

Prior period               -            -           -            -          -          (185,750)      (294,600)
adjustment

Reversal of                -            -           -            -          -                -        (180,000)
Electrostatic
Purch.

Purchase of Sin            -            -           -            -          -                -         980,000
Fronteras

Reclassification
of Prepaid
Expense to                 -            -           -    (150,000)          -               -         (150,000)
Subscribed Stock

Stock Issued to            -            -           -            -          -                 -          7,500
Employees

Purchase of                -            -    (82,000)            -          -                 -       (82,000)
Treasury Stock

Sale of Stock              -            -           -            -          -                -           70,299

Allocate APIC to           -      507,991                        -          -                -     	     -
Preferred Shares

Retirement of              -            -           -            -          -               -          (200,000)
Preferred

Exchange of
Subsidiary Stock
for Note Payable           -            -           -            -          -           372,601         372,601

Allocation of
Minority Interest
In Subsidiary              -            -           -            -          -          (16,819)         (16,819)
Earnings

Net Profit (Loss)
for Year
Ended December             -            -           -            -          -          458,413          458,413
31, 2002

Balance at               509      507,992   (134,388)    (153,750)     55,782      $(4,943,953)	      $6,298,415
December 31, 2002

Sale of Stock      	   -    	-    	    -            -          -     	     -	     $ 117,047

Issuance for settlement
 of bonds	    	   -		-           -            -          -        	     -	       108,191

Stock Issued for  	   -		-	    -		 -	    -	             -	       197,560
Services

Retirement of      	   -		-	    -		 -	    -	             -	      (136,409)
Preferred

Preferred Shares
  Converted   	   	   -		-	    -		 -	    -	             -	            -

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

Change in Nutek Oil
  Ownership	           -            -           -            -      (18,052)              -		   -

Net Profit (Loss)
for Year
Ended December             -            -           -            -          -          (182,895)     (182,895)
31, 2003

Balance at       	 509      $507,992    $134,388    $(153,750)    $311,137    $(5,126,848)  $6,357,264
December 31, 2003


</TABLE>



	  	The accompanying notes to the financial statements are
		    an integral part of these financial statements.


				NUTEK INC.
		         STATEMENT OF CASH FLOWS
	 FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2003 AND 2002 (Adjusted)

<TABLE>
<CAPTION>

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


                                             2003       2002

CASH FLOWS FROM OPERATING ACTIVITIES:
Net income from operations                  $(182,895) $458,413
Adjustments to reconcile net income to net
  cash provided by operating activities:
Non-controlling interest in subsidiary	     (44,645)	     -
Services received for stock                    61,153 (138,850)
Depreciation and amortization                 276,593   224,042
Loss on disposal of assets                          -       715
Forgiveness of debt                          (62,217)         -
Bad debt expense                                    -     2,500
(Increase) decrease in accounts receivable    206,027 (632,219)
(Increase) decrease in inventory              (5,108)  (59,884)
Increase in prepaid expenses                 (75,216) (101,800)
Increase in deposits                         (21,608)  (16,569)
Increase in accounts payable                (313,704)   195,104
Increase (decrease) in accrued expenses        29,024 (111,111)
					    --------- ---------
 Net cash provided (used) by operating      (132,596) (179,659)

CASH FLOWS FROM INVESTING ACTIVITIES:
Payments received on notes receivable        308,402    29,494
Purchase of property and equipment           (90,290) (163,538)
Purchase of intangible assets                (23,897)   (9,870)
					    --------- ---------
 Net cash provided (used) by investing       194,215  (143,914)

CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of capital stock                    117,045    70,300
Retirement of preferred stock               	   -   (50,000)
Increase (decrease) in notes payable        (175,992)  (86,766)
Proceeds from line of credit                  75,850    373,800
					    --------- ---------
 Net cash provided (used) by financing        16,901   307,334


BALANCE, BEGINNING                            44,371    60,610

NET INCREASE (DECREASE) IN CASH               78,520   (16,239)

BALANCE, ENDING                            $ 122,891  $  44,371

INTEREST PAID                              $  97,728  $  73,890
TAXES PAID                                 $       -  $      -

</TABLE>

   SUMMARY OF NON-CASH TRANSACTIONS

   The Company acquired $82,000 in treasury stock in exchange for marketable
   securities with a fair market value of $72,000 and legal expense in the
   amount of $10,000 in 2002.

   During the year ended December 31, 2002 the Company issued subscribed stock
   in exchange for prepaid expenses in the amount of $150,000.

   Sin Fronteras, Inc. was acquired on May 13, 2002 in exchange for outstanding
   common stock.  The Company recorded goodwill in the amount of $230,000 and a
   note receivable in the amount of $750,000 in connection with the acquisition.

   During the year ended December 31,2002 the Company reversed the Electrostatic
   Solutions, Inc. purchase, reducing long-term investments and additional paid
   in capital by $180,000.

   Bonds payable in the amount of $170,411 were converted into $5,505 of common
   stock and $192,055 of additional paid in capital during 2003.

   559,500 shares of series A preferred stock were converted to $50,752 of
   common stock and $2,234,530 of additional paid in capital.

   Office equipment in the amount of $610,000 was acquired during 2003 through
   the use of long-term notes payable.



                                  NUTEK, INC.

                         NOTES TO FINANCIAL STATEMENTS

NOTE 1 - HISTORY AND ORGANIZATION OF THE COMPANY

   Nutek, Inc. was incorporated in August 1991  under  the laws of the State of
   Nevada as Nutek, Inc. (the "Company") and is engaged in multiple industries.

   SRC International, Inc. was incorporated on June 20,  1997 in Illinois.  SRC
   International,  Inc.  manufactures "Super Glide," a rail  covering  made  of
   extremely  durable,  super-slick  space  age  polymer,  designed  to  reduce
   friction between the rails  and  hangers  in  the  dry  cleaning and garment
   industries.

   Century Innovations, Inc. is a Nevada Corporation formed by Nutek, Inc.  The
   company markets the backup light switch cover called "TekPlate".

   Kristi & Co., a Nevada corporation, was incorporated on September  13, 1999.
   The  Company  markets  women's  resort wear.  The company purchased clothing
   designs and design groups on January 6, 2000.

   Nutek Oil, Inc. was incorporated on December 3, 1998.  The company is in the
   oil  producing  business and purchased  selected  equipment  and  assets  on
   February 23, 2000 from Clipper Operating Company.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

   BASIS OF ACCOUNTING
   The accompanying  financial  statements  have  been  prepared on the accrual
   basis of accounting whereby revenue is recognized when  earned  and expenses
   are  recognized when incurred.  The Company operates on a December  31  year
   end.

   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 sales and report 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
   Nutek, Inc. and its different business segments:  SRC  International,  Inc.,
   Century  Innovations, Inc., Kristi & Co., Datascension, Inc., and Nutek Oil,
   Inc.  All  significant  inter-company  balances  and  transactions have been
   eliminated.

   INVENTORY VALUATION
   Inventories are stated at the lower of cost or market, cost being determined
   on the first in, first out (FIFO) basis.



<PAGE>


                                  NUTEK, INC.

                   NOTES TO FINANCIAL STATEMENTS (CONTINUED)

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

   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.

   DIVIDEND POLICY
   The Company has not yet adopted any policy regarding  payment  of dividends.
   The Company has authorized 20,000,000 shares of preferred stock  with  a par
   value  of  $0.001.   508,500  shares have been issued as Series B shares for
   cash at $1.00 a share at December 31, 2003 and 2002, respectively.

   Preferred shares have the same  voting  rights as the common shares but have
   priority in the event of company liquidation.   All  of  the series B shares
   outstanding were to be redeemed at $1.00 a share plus all  accrued dividends
   prior  to  December  31, 1993.  This has been extended by mutual  agreement.
   Series B shares have annual  dividends  of  $.15  per share that are payable
   quarterly.  They are convertible to common shares on  a one-for-one basis at
   the stockholders' option.

   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 years ended December 31,
   2003 and 2002.

   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
           Office equipment                       5 years
           Factory equipment                      7 years
           Furniture and fixtures                 7 years
           Drilling equipment                    20 years
           Equipment and machinery               20 years
           Molds and tooling                     20 years

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

   REVENUE RECOGNITION
   Revenues are considered earned when sales of goods are shipped and contracts
   are complete.  Revenues from Nutek Oil, Inc. are recorded  using  the  sales
   method.

                                                                            10

<PAGE>


                                  NUTEK, INC.

                   NOTES TO FINANCIAL STATEMENTS (CONTINUED)

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

   ACCOUNTS RECEIVABLE
   The  Company  considers  accounts  receivable  to  be fully collectible; and
   accordingly,  no  allowance for doubtful accounts is required.   If  amounts
   become  uncollectible,   they  will  be  charged  to  operations  when  that
   determination is made.

   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  renewed annually, or sooner if deemed
   necessary, for impairment.  Under guidance from SFAS No. 142, management has
   determined that as the major intangible  asset,  the  value  of the electric
   light  switch,  purchased late in 1999, has not significantly decreased  and
   there has been no  reduction  in  the usefulness of the asset as of December
   31, 2003.

   The following intangible assets have  also been assessed under guidance from
   SFAS No. 142, and concluded that they have  not  significantly decreased and
   there has been no reduction in the usefulness of the  assets  as of December
   31, 2003:  clothing patterns and designs, artwork, customer lists, packaging
   designs, patents, and trademarks.

   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 earnings 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.

   CONCENTRATIONS OF CREDIT RISK
   Credit risk represents the accounting  loss  that would be recognized at the
   reporting date if counterparties 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.

   One of the Company's segments, Nutek Oil, Inc., operates in one segment, the
   oil and gas industry.  The segment's customers are located within the United
   States of America.  Financial instruments that subject the segment to credit
   risk consist principally of oil and gas sales  which  are  based solely on a
   short-term purchase contracts from Shell Trading (US) Company  with  related
   accounts receivable subject to credit risk.

   During the years ended December 31, 2003 and 2002 Shell Trading (US) Company
   accounted for 100% of the Company's oil revenues.

   CONCENTRATIONS OF CREDIT RISK (CONTINUED)
   Management  does  not  believe  the loss of Shell Trading (US) Company would
   materially affect the ability to sell the oil.

                                                                            11

<PAGE>


                                  NUTEK, INC.

                   NOTES TO FINANCIAL STATEMENTS (CONTINUED)

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

   COMPENSATED ABSENCES
   The Company has made no accrual for vacation or sick pay because the Company
   does not provide for these benefits.   Therefore, the amount of compensation
   is not reasonably estimable.

   ADVERTISING
   Advertising  costs  are  expensed when incurred.   Advertising  expense  was
   $7,590 and $24,871 for 2003 and 2002, respectively.

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

   RECLASSIFICATIONS
   Certain reclassifications have been made to the December 31, 2002 amounts to
   conform to the December 31,  2003  financial  statement  presentation.   The
   reclassifications had no effect on net income.

NOTE 3 - PROPERTY AND EQUIPMENT

   Property and equipment is made up of the following:

                                                    2003        2002

           Drilling equipment                  $   138,220 $  138,220
           Factory equipment                         1,381      1,381
           Equipment and machinery               1,780,955  1,779,144
           Molds and tooling                       758,064    758,065
           Office equipment                      1,014,828    380,800
           Trade show booths                         6,150      6,150
           Leasehold improvements                  553,241    488,789
           Accumulated depreciation              (878,418)   (599,213)
						----------  ----------
                                               $ 3,374,421 $2,953,336

NOTE 4 - LONG-TERM NOTES PAYABLE

   The  Company entered into agreements for long-term notes payable.  Long-term
   notes payable consists of the following terms at December 31, 2003:

     Note payable to a vendor, no specific repayment
     terms, interest at 12% annually through February
     2005.  The loan is secured by stock in Nutek Oil, Inc.  $    53,445

     Note payable to a vendor, no specific repayment
     terms and no stated interest rate.  Secured by assets
     through 2004.                                                40,000

     Note payable to a vendor, monthly payments
     of $348, inclusive of 7% annual interest through
     September 2006, secured by equipment.                        10,153

     Note payable to a vendor, monthly payments
     of $906, inclusive of 12% annual interest through
     February 2006.  Secured by equipment.                        15,000
                                                                 118,598
      Less current portion                                      (102,033)
							    -------------
                                                            $     16,565

   Principal maturities at December 31 are as follows:
                2004                                      $   102,033
                2005                                           13,847
                2006                                            2,718
                2007                                             -
                2008                                             -
							    ---------
                                                          $   118,598

NOTE 5 - 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 of recovered.  The sources of those timing differences and the
   current tax effect of each were as follows:

                                                     2003       2002

           Depreciation and amortization     $   (599,991) $ (863,833)
           Net operating loss carryforward        813,496   1,041,913
           Valuation allowance                   (213,505)   (178,080)
						----------  ---------
                                             $          -  $        -

   The components of the net deferred tax asset at December 31, 2003 and 2002
   under SFAS 109 are as follows:
                                                     2003       2002

            Depreciation and amortization    $   (599,991) $ (863,833)
            Net operating loss carryforward       813,496   1,041,913
            Valuation allowance                  (213,505)   (178,080)
						----------  ---------
                                             $          -  $        -
                                                                            13

<PAGE>


                                  NUTEK, INC.

                   NOTES TO FINANCIAL STATEMENTS (CONTINUED)

NOTE 5 - INCOME TAXES (CONTINUED)

   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:
                                             Percent of          Percent of
                                               Pretax             Pretax
                                       Amount   Income     Amount  Income

           Expected              $     72,591    34%     $(248,869) (34%)
           Valuation allowance        (72,591)  (34%)      248,869   34%
           Actual expense        $          -     0%     $     -     0%

   The net operating loss will begin to expire in 2021.

NOTE 7 - LINES OF CREDIT

   The  Company  has a line of credit agreement with  a  financial  institution
   which provides  maximum  borrowing  of  $375,000.   Interest  on outstanding
   balances  accrues  at  7% and is payable monthly.  The line has no  specific
   expiration date and is secured  by the personal guarantee of Murray Comradie
   and Scott Kincer.

   The Company has a line of credit  agreement  with  a  financial  institution
   which  provides  maximum  borrowing  of  $75,000.   Interest  on outstanding
   balances  accrues  at  prime  plus  2% and is payable monthly.  The  current
   interest rate at December 31, 2003 was  6%.   The  line must be renewed each
   year.

NOTE 8 - RELATED PARTY TRANSACTIONS

   The Company holds a note payable to a shareholder, in the amount of $48,375.
   This  agreement  has no specific repayment terms, and  accrues  3%  interest
   annually through June  2004.   Accrued  interest  at  December  31,  2003 is
   $3,375.  This loan is unsecured.

   The Company holds a note payable to a shareholder, in the amount of $55,000.
   This  agreement has no specific repayment terms, no annual interest, and  no
   defined maturity date.  This loan is unsecured.

   The Company holds a note payable to a shareholder, in the amount of $50,000.
   This agreement  has  no  specific  repayment terms, and accrued 10% interest
   annually through June 2004.  This loan  is  unsecured.  The accrued interest
   on this loan as of December 31, 2003 is $5,500.

   The Company holds a note payable to a shareholder  in the amount of $20,000.
   This  agreement has no specific repayment terms, and  accrues  10%  interest
   annually  through  June 2006.  This loan is unsecured.  The accrued interest
   on this loan as of December 31, 2003 is $1,500.

   The Company holds an  outstanding  note  payable  to  a  shareholder, in the
   amount  of  $50,000.  This payable accrues interest at 10% annually  through
   June 2006.  All  principal  and interest is due in full on January 24, 2004.
   Subsequent to the balance sheet  date,  this  note has been extended through
   January 2005.
                                                                            14

<PAGE>


                                  NUTEK, INC.

                   NOTES TO FINANCIAL STATEMENTS (CONTINUED)

NOTE 8 - RELATED PARTY TRANSACTIONS (CONTINUED)

   The Company has an outstanding note payable to  Murray Conradie, an officer,
   in the amount of $49,690.  This payable has no stated  interest  rate and no
   specific repayment terms.

   The Company has an outstanding note payable to Scott Kincer, an officer,  in
   the  amount  of  $51,000.   This  payable has no stated interest rate and no
   specific repayment terms.

   The Company has an outstanding note  payable  to Jason Griffith, an officer,
   in the amount of $4,475.  This payable has no stated  interest  rate  and no
   specific repayment terms.

   The  Company  has  an outstanding note receivable from a shareholder, in the
   amount of $451,054.  This receivable has no stated interest rate due in full
   on or before April 30, 2004. This receivable is secured by company stock.

NOTE 9 - CONTINGENCIES AND COMMITMENTS

   SUBSCRIPTIONS RECEIVABLE
   The  Company has received  common  stock  subscriptions  in  the  amount  of
   $153,750.  The Company reported this as part of a shareholder's equity.

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

   At December 31, 2003,  aggregate  future minimum payments under these leases
   are as follows:

                2004                                      $   139,601
                2005                                          141,341
                2006                                          104,693
                2007                                          104,693
                2008                                          107,142
                Thereafter                                    201,529
						  	  -----------
                Total minimum lease payments              $ 2,051,274

NOTE 10 - ACQUISITIONS

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

   Patent rights for an electro static light  switch  were  acquired August 27,
   1999,  for  the  fair  market price of $1,000,000 from a non-related  party.
   Payment was made by issuing 600,000 shares of restricted common stock valued
   at $.30 per share.
                                                                            16

<PAGE>


                                  NUTEK, INC.

                   NOTES TO FINANCIAL STATEMENTS (CONTINUED)

NOTE 10 - ACQUISITIONS (CONTINUED)

   NUTEK OIL, INC.
   Some of the assets and leases of the Clipper Operating Company were acquired
   on February 23, 2000 with  2,064,348  shares  of  Nutek,  Inc.  stock at the
   current market price of $.31 representing $639,948; a note for $639,948  was
   issued  for  the  balance  of  the  purchase  price.   The purchase price of
   $1,279,896 was made up of mineral acreage for $454,959;  equipment at market
   value $788,217, and gas pipeline at market value $36,720.

   SRC INTERNATIONAL, INC.
   This company was acquired for 1,000,000 shares of the company's common stock
   for  all the outstanding stock of SRC International, Inc. in  a  transaction
   consummated  on  April 1, 1998.  SRC International, Inc. manufactures "Super
   Glide," a rail covering made of an extremely durable, super-slick, space age
   polymer designed to  reduce  friction  between  rails and hangers in the dry
   cleaning  and  garment  industries.   The  business  combination   has  been
   accounted for under the pooling of interest method.

   CENTURY INNOVATIONS, INC.
   This  company was incorporated in Nevada on January 15, 1999 by Nutek,  Inc.
   On April  30, 1999, clock molds valued at $257,800 were acquired.  Shares in
   the amount  of  1,315,000 with a fair market value of $.12 totaling $157,800
   plus notes payable  in  the amount of $100,000 was given in exchange for the
   clock molds.

   KRISTI & CO.
   This  company was acquired  January  6,  2000  for  250,000  shares  of  the
   Company's  stock  in  exchange  for the outstanding common stock of Kristi &
   Co., and a note payable in the amount of $50,000 which has been paid in full
   as of December 31, 2002.  Kristi  &  Co.  has  the rights to certain women's
   resort  wear clothing designs and design groups.   Kristi  &  Co.  plans  to
   market these  items  and to continue creating new designs.  Kristi & Co. was
   incorporated September  13,  1999.   Kristi  &  Co.  reported the rights and
   assets purchased from Kristi Hough at their historical  cost  of  zero  in a
   manner  similar  to  a  pooling  of  interest  due  to the common control of
   management, per APB Opinion 16.  When Nutek, Inc. purchased  Kristi  &  Co.,
   the  acquisition  was  booked  at  the  estimated fair market value of those
   rights and assets which Kristi owned under the purchase method of accounting
   for business combinations per APB 16 as there was not a common control issue
   for this transaction.  Accordingly, these  designs  and  client  lists  were
   restated  at  their  estimated  fair  market values per the best judgment of
   management.

   Management  based its evaluation on the  fact  that  these  customer  lists,
   designs, and  patterns had previously generated revenues of approximately 18
   months.  Nutek,  Inc. estimated the customer list at $50,000 and the designs
   and patterns at $50,000.
<PAGE>


                                  NUTEK, INC.

                   NOTES TO FINANCIAL STATEMENTS (CONTINUED)

NOTE 10 - ACQUISITIONS (CONTINUED)

   The Company anticipates  selling these items since Kristi & Co. is no longer
   in business.

   DATASCENSION, INC.
   This company was acquired  on  July  2, 2001 for $2,000,000 of Nutek, Inc.'s
   restricted common stock in exchange for  the  outstanding  common  stock  of
   Datascension,  Inc.   There  were 27,500,000 shares issued.  Of this amount,
   20,911,111 has been converted  to  209,111  shares of the Series A preferred
   stock.  Datascension, Inc. is a premiere data solutions company representing
   unique expertise in collection, storage, processing,  and  interpretation of
   data.

   Sin Fronteras, Inc., a Costa Rican company, was acquired on May 13, 2002 for
   13,517,241  shares  of  Nutek,  Inc.'s  common  stock  in exchange  for  the
   outstanding common stock of Sin Fronteras, Inc. at the fair  market value of
   the average trading price of Nutek, Inc.'s stock for the five  trading  days
   prior  to  May  13, 2002 at the price of $0.0725.  This acquisition entitled
   Nutek, Inc. to assume $750,000 of note receivable due to Sin Fronteras, Inc.
   No other assets or  liabilities were assumed.  The transaction was accounted
   for by the purchase method of accounting for business combinations.

NOTE 11 - WARRANTS AND OPTIONS

   The Company does not  currently  have any stock options issued.  The Company
   has adopted FASB No. 123 and will  account for stock issued for services and
   stock options under the fair value method.

NOTE 12 - MINORITY INTEREST IN SUBSIDIARIES

   The Company has accounted for minority  interest  in  Nutek Oil, Inc. in the
   amount  of  $26,593.   This amount represents the 21.15% interest  owned  by
   various individuals other then Nutek, Inc.

NOTE 13 - SUBSEQUENT EVENTS

   On January 26, 2004, Nutek,  Inc. issued a press release announcing that the
   Company would be changing the  Corporation  name  to Datascension, Inc., and
   required a mandatory share exchange.  The Amended Bylaws  of the Corporation
   additionally required all shares to include the name of the beneficial owner
   of the shares.

NOTE 14 - ARBITRATION AWARDS AND CONTINGENCIES

   During  2003,  a  suit  was  filed against the Company by a former  employee
   which, subsequent to the balance  sheet  date,  the  district  court awarded
   judgment  in  the amount of $81,700, including attorney fees.   There  is  a
   verbal agreement for settlement for a reduced amount of $45,000.

   During 2003, a  suit  was  filed  against  the  Company by a former landlord
   which, as of the balance sheet date, the district  court awarded judgment in
   the amount of $180,000, including attorney fees.  The  final  payment  terms
   and amount are currently being negotiated.

   During  2003,  there  was a dispute with the Company and another company for
   services previously rendered  which,  as of the balance sheet date, a refund
   for the services was made and the contract  was  cancelled  in the amount of
   $112,500.  Subsequent to the balance sheet date, this contingency  has  been
   settled  for  the  amount  which was accrued.  No further work is being done
   with this client.

NOTE 15 - ENVIRONMENTAL MATTERS

   Various  federal  and  state authorities  have  authority  to  regulate  the
   exploration and developments  of  oil  and  gas  and mineral properties with
   respect to environmental matters.  Such laws and regulations,  presently  in
   effect  or  as a hereafter promulgated, may significantly affect the cost of
   its current oil  production  and  any exploration and development activities
   undertaken by the Company and could  result  in  loss  or  liability  to the
   Company  in  the  event  that  any  such  operations are subsequently deemed
   inadequate for purposes of any such law or regulation.


NOTE 16 - 2002 ADJUSTED INFORMATION

   The financial statements as of and for the year ended December 31, 2002 were
   adjusted for an error in the calculation of allowance for doubtful accounts
   in the amount of $273,554.  As a result net income, retained earnings and
   current assets have been reduced by that amount.



                                                                            17







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

None.


ITEM 8A. CONTROLS AND PROCEDURES.

      The Company's management,  including the President of the Company and the
Chief Financial Officer of the Company,  has evaluated the effectiveness of the
Company's "disclosure controls and procedures," as such term is defined in Rule
13a-15(e) promulgated under the Securities  Exchange  Act  of  1934, as amended
(the  "Exchange  Act").  Based  upon their evaluation, the principal  executive
officer and principal financial officer  concluded  that,  as of the end of the
period covered by this report, the Company's disclosure controls and procedures
were effective for the purpose of ensuring that the information  required to be
disclosed  in the reports that the Company files or submits under the  Exchange
Act  with the  Securities  and  Exchange  Commission  is  recorded,  processed,
summarized  and reported within the time period specified by the Securities and
Exchange Commission's  rules  and forms, and is accumulated and communicated to
the  Company's management, including  its  principal  executive  and  financial
officers,   as   appropriate  to  allow  timely  decisions  regarding  required
disclosure.

      There were no  significant  changes in the Company's internal controls or
in other factors that could significantly  affect  these controls subsequent to
the date of their evaluation, including any corrective  actions  with regard to
significant deficiencies and material weaknesses.


                                    PART III

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

The names, ages and positions of the Company's directors and executive officers
are as follows:

<TABLE>
<CAPTION>
Name              Age  Position
<S>                <C> <C>
Murray N. Conradie 38  President, CEO and Director
David Scott Kincer 38  COO and Director
Jason F. Griffith  27  CFO
Joseph Harmon      37  VP Datascension
</TABLE>


B.  Family relationships

None.

C.  Work Experience

Murray N. Conradie

Mr. Conradie  has several years of experience in creating and developing start-
up enterprises.   He  was  educated  in  South Africa, where from 1983-1985, he
attended the University of Natal in Durban,  studying  for  a B.A., in Business
Law and then from 1985-1988, at the Technikon Natal in Durban, where he studied
Accounting specializing in Auditing.

1999 Included Strathmore's Who's Who in Finance USA Edition.
1999 Included for Marquis Who's Who in Finance Millennium Edition.
2000 Included for Strathmore's Who's Who in Finance World Edition.
2001 Received City of Henderson Economic Development Award.
2002 Honored by Governor of Nevada and received Industry Appreciation Award.

David Scott Kincer

Currently Datascension's president, Scott Kincer joined Datascension as COO and
Director  in September 2001, Scott 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  oversees the operations of Datascension
International from its main facility in Brea, California.

Jason F. Griffith

In June of 2002, Jason Griffith took over as the CFO and corporate secretary of
Nutek.  He has previously worked for Arthur  Andersen  and  was  previously the
lead auditor for Nutek's 2001 audit.  He received his undergraduate degree from
Rhodes  College in Memphis, Tennessee in economics and business administration,
along with  receiving his Masters in Accounting from their graduate school. Mr.
Griffith is a  licensed  CPA  in  both the state of Nevada and Tennessee and is
also a licensed Certified Management  Accountant.  Professionally, Mr. Griffith
is  a  member  of  the  American  Institute of  Certified  Public  Accountants,
Association  of Certified Fraud Examiners,  and  The  Institute  of  Management
Accountants, along  with  being  a  member  of  the  Nevada and Tennessee State
Society  of CPAs.  He heads the entire accounting department  for  Datascension
and its subsidiaries.

Joseph Harmon

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.

D.  Conflicts of Interest

The  officers and directors of the Company are now and may in the future become
shareholders,  officers  or directors of other companies that may be engaged in
business activities similar  to  those  conducted  by the Company. Accordingly,
additional direct conflicts of interest may arise in the future with respect to
such individuals acting on behalf of the Company 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.  The  Company  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 the Company's proposed business operations.

The officers and directors are, so long as they are officers  or  directors  of
the  Company, subject to the restriction that all opportunities contemplated by
the Company'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 the Company 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 the Company
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 the Company
should decline to do so. Except as set forth above, the Company has not adopted
any other conflict of interest policy with respect to such transactions.

SECTION 16(A) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE

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 and other Nutek
Inc.  equity  securities.    Reporting   persons  are  required  by  Commission
regulations to furnish us with copies of all Section 16(a) forms they file.

ITEM 10.  EXECUTIVE COMPENSATION.

Compensation of Executive Officers 2003

<TABLE>
<CAPTION>
Name               Title         Salary          Bonus Common Stock
<S>                <C>           <C>             <C>   <C>
Murray Conradie    President/CEO $150,000 (1)(2) None     None
David Scott Kincer COO/Director  $150,000 (1)(2) None     None
Jason F. Griffith  CFO/Director   $61,250 (1)    None     None
</TABLE>

All Executive Officers as a Group (4 persons)

(1) Per a Board Resolution, Murray N. Conradie, President, CEO and Director and
David  Scott  Kincer,  President  of  Datascension   and   Nutek  COO  received
remuneration  of  $150,000 for the year. Jason F. Griffith received  $61,250.00
for the year.

(2) Compensation of Directors

There were no arrangements  pursuant  to  which any director of the Company was
compensated through December 31, 2003 for any  service  provided as a director.
In addition, no such arrangement is contemplated for the foreseeable future, as
the  Company's  only  directors  are  its  current executive officers.   Should
independent directors be added to the Company's  board  of directors, it may be
necessary to purchase Director's and Officer's liability  insurance, along with
compensate the director accordingly.

(3) Common Stock

The  Officers  have  not  received any common stock in compensation  for  their
services, other than the unpaid  salary  they  have  converted to common stock.
The only officers to receive stock for unpaid compensation  in 2003 were Murray
N. Conradie and Jason F. Griffith.

ITEM 11.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

A.  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  the Company concerning stock ownership by (i) each director,
(ii) each executive officer, (iii) the directors and officers of the Company as
a group, (iv) and each  person  known  by  the Company 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.

<TABLE>
<CAPTION>
Title of   Name of Beneficial	 Position        Amount of 	   Percent
Class	  Owner of Shares			 Shares Held
<S>            <C>                  <C>             <C>              <C>
Common    Murray N. Conradie     CEO / Chairman  24,504,691        16.34%
Common    David Scott Kincer     COO / Director  21,276,970        14.18%
Common    Jason F. Griffith (1)  CFO               622,915          0.42%
Common    Joseph Harmon (2)      VP Datascension 2,005,556          1.34%
</TABLE>


All Executive Officers and
     Directors  as  a Group (5 persons)  Common Stock   47,960,132  32.28%

Company address for all Officers is c/o Nutek, Inc. 6330 McLeod Drive, Suite 1,
Las Vegas, NV 89120

(1) Jason F. Griffith,  Datascension CFO, was elected to the Board of Directors
on December 9, 2002, and  has  received  622,915 shares of the company's common
stock valued for unpaid compensation for the  period  May 2002 through December
2003.

(2) Joseph Harmon, VP Datascension Inc, was elected to  the  Board of Directors
on December 9, 2002, has received 2,005,556 restricted shares  as  a  result of
the purchase of Datascension Inc, in 2001.


B.  Persons Sharing Ownership of Control of Shares

The  only  individuals who own and have the power to vote ten percent (10%)  or
more of the  Company's  common  stock  securities are Murray Conradie and David
Scott Kincer, both are affiliates of the Registrant.


C.  Non-voting Securities and Principal Holders Thereof

The Company has not issued any non-voting  securities.   The shares of Series B
Preferred Stock shall have no voting rights except as required by law or as set
forth in attached Exhibit 10.21.

D.  Options, Warrants and Rights

There are no options, warrants or rights to purchase securities of the Company.

E.  Parents of Issuer

Under the definition of parent, as including any person or  business entity who
controls substantially all (more than 80%) of the issuers of  common stock, the
Company has no parents.

ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

>From  1987  through 1994, Murray N. Conradie, current President/CEO  of  Nutek,
held the position of President and Director of Century Clocks in South Africa.

In 1999, as President  of  Nutek, Inc., he negotiated a purchase agreement with
Century Clocks of South Africa,  where  he  received 1,050,000 common shares of
restricted stock from Nutek, Inc.

Through a Board Resolution, the Company hired the professional services of Gary
V. Campbell, CPA, Ltd., to perform audited financials for the Company.  Gary V.
Campbell, CPA, Ltd. owns no stock in the Company.   The  company  has no formal
contracts with its accountants; they are paid on a fee for service  basis.  The
fees paid to date were paid in cash.


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.

     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)

(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

(23) Consent of Experts and Counsel

     23.1 Statement from Gary V. Campbell, CPA, Ltd.

(27) Financial Data Schedule

     27.1 Financial Data Schedule

(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.
(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

99       Additional Exhibits

          (i)   Certification   of  Chief  Executive  Officer  pursuant  to  18
U.S.C.ss.1850 as adopted pursuant  to  Section 906 of the Sarbanes-Oxley Act of
2002.

         (ii)  Certification of Principal  Financial  Officer  pursuant  to  18
U.S.C.ss.1850  as  adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
2002.

          (iii)  Certification  of  Chief  Executive  Officer  pursuant  to  18
U.S.C.ss.1850  as  adopted pursuant to Section 302 of the Sarbanes-Oxley Act of
2002.

         (iv)  Certification  of  Principal  Financial  Officer  pursuant to 18
U.S.C.ss.1850 as adopted pursuant to Section 302 of the Sarbanes-Oxley  Act  of
2002.


(b) REPORTS ON FORM 8-K

The Company'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.

The Company'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.

The Company's report on Form 8-K dated December 24, 2003

On  December 24, 2003, Registrant filed a Current Report on Form 8-K,  relating
to the  December  8th,  2003  press  release  announcing  the  Company would be
distributing  its  ownership   interest   in  Nutek  Oil, Inc. to shareholders.
Nutek Oil Inc. is a majority owned subsidiary which is  traded  under the stock
symbol  NUTO.   The  dividend  will  take  the  form  of a dividend certificate
representing  restricted  common  stock,  which  will  be  distributed  to  the
Company's  beneficial stockholders of record as of the record  date,  which  is
January 8, 2004.   The  stock  dividend  will   be distributed to owners of the
Company's common stock as of the record date in a   ratio   of   one  share  of
dividend  stock   in  the subsidiary  to be spun off, for every 500  shares  of
common stock owned in Nutek Inc.

The Company's report on Form 8-K dated October 31, 2003

On October 31, 2003,  Registrant  filed  a Current Report on Form 8-K, updating
shareholders  on  the lawsuit against the securities  firms.   The   plaintiffs
filed an amended complaint  alleging  securities   fraud;  common   law  fraud;
conversion;   negligence;  breach  of  contract;  breach  of covenant  of  good
faith   and   fair   dealing;   negligence   based  on  knowledge  of  specific
problems  in  the   securities  industry;  bad  faith conduct;  deceptive trade
practice;  racketeering;   interference   with   contracts;  interference  with
prospective economic advantages; conversion; conspiracy; declaratory relief and
injunctive relief. The amended complaint also added (a) fifteen (15) additional
plaintiffs, bringing the total number of plaintiffs  to  twenty-five  (25), and
(b)  thirty  (30)  additional  defendants,  including  twenty  two  (22)  named
individuals from the securities industry.

The Company's report on Form 8-K dated October 29, 2003

On October 29, 2003, Registrant filed a Current Report on Form 8-K, relating to
the  decision  by  the  Board of Directors to extend the  record  date  of  the
dividend of its subsidiary.   The  new  record date will be Friday, November 7,
2003.  The reason for the extension was to  allow for time to fully explain and
provide the NASD, transfer agent, and shareholders  information  related to the
dividend.

The Company's report on Form 8-K dated October 20, 2003

On October 20, 2003, Registrant filed a Current Report on Form 8-K,  related to
the announcement of the placement of the patented TekPlate product and  various
related  licenses,  marketing  agreements,  etc., into a subsidiary corporation
that will be spun off from the parent Nutek as  a  wholly  owned subsidiary and
has declared a stock dividend in that company. The dividend  will take the form
of a dividend certificate representing common stock, which will  be distributed
to the Company's beneficial stockholders of record as of the record  date.  The
stock  dividend  will be distributed to owners of the Company's common stock as
of the record date  in a ratio of one share of dividend stock in the subsidiary
to be spun off, for every 300 shares of  common stock owned in Nutek Inc.

The Company's report on Form 8-K dated March 26, 2003

On March 26, 2003, Registrant  filed  a Current Report on Form 8-K, relating to
the Company, along with a number of individual  shareholders,  filing a federal
lawsuit  on  March  21,  2003 in the United States District Court, District  of
Nevada,  against  Ameritrade   Holding  Corp.,  E*Trade  Group  Inc.,  Fidelity
Brokerage Services LLC, Maxim Group  LLC and Charles Schwab & Company Inc., for
securities fraud, breach of contract, and negligence, among other claims.   The
plaintiff group is also demanding declaratory  and injunctive relief, including
asking for general, special and punitive financial damages; and that the matter
be taken up for jury trial in the jurisdiction of  the  United  States District
Court's Nevada District.



SIGNATURES

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.

Datascension Inc.

/s/ Murray N. Conradie
- -------------------
Murray N. Conradie,
Chief Executive Officer and Chairman

/s/ Jason F. Griffith, CPA
- -------------------
Jason F. Griffith, CPA,
Chief Financial Officer and Director


Date: March 30, 2004

Pursuant to the requirements  of  the  Securities  Exchange  Act  of  1934, the
following persons on behalf of the registrant and in the capacities and  on the
dates indicated have signed this report below.

Datascension Inc.

/s/  Jason F. Griffith, CPA
- ------------------------
Jason F. Griffith, CPA, Secretary
Date:  March 30, 2004




                        CONSENTS OF EXPERTS AND COUNSEL


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

INDEPENDENT AUDITORS' REPORT
Board of Directors

Datascension Inc. (The Company)
6330 McLeod Drive, Suite 1
Las Vegas, Nevada 89120

March 30, 2003

To Whom It May Concern:

Gary  V.  Campbell, CPA, Ltd., consents to the inclusion of our report of March
30, 2003 on the Financial Statements of Nutek Inc., as of December 31, 2003 and
2002 on the 10-KSB being filed with the U.S.Securities and Exchange Commission.

Very Truly yours,

/s/  Gary V. Campbell, CPA, Ltd.
- --------------------------------
Gary V. Campbell, CPA, Ltd.