SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-KSB
(Mark One)

[X]  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
     ACT OF 1934

For the Fiscal Year Ended December 31, 2003

                                       OR

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

Commission File No. 000-32253


                               SECURED DATA, INC.
                 ----------------------------------------------
                 (Name of Small Business Issuer in its charter)


                Nevada                                          87-0650264
        ------------------------                             -------------------
        (State of incorporation)                                (IRS Employer
                                                             Identification No.)

409 Calle San Pablo Suite 102 Camarillo, CA                         93010
-------------------------------------------                        --------
(Address of Principal Executive Office)                            Zip Code


Registrant's telephone number, including Area Code: (805) 484 7687

Securities registered pursuant to Section 12(b) of the Act: None

Securities registered pursuant to Section 12(g) of the Act:

                                  Common Stock
                                  ------------
                                (Title of Class)

Check whether the Registrant (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act of 1934 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 disclosure of delinquent filers in response to Item 405 of Regulation
S-B is not contained in this form, and no disclosure will be contained, to the
best of the Registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-KSB or any
amendment to this Form 10-KSB. [X]

The Company's revenues for the most recent fiscal year were $  0.00
                                                             -------------
The aggregate market value of the voting stock held by non-affiliates of the
Company on March 23, 2004, was $722,751.

As of March 26, 2004 the Company had 6,051,478 issued and outstanding shares of
common stock.


<PAGE>




ITEM 1. DESCRIPTION OF BUSINESS

HISTORY

Secured Data, Inc. is a corporation formed under the laws of the State of Nevada
on March 16, 2000. During the year 2000, we acquired a license to market
VitaMineralHerb.com products to customers in Oklahoma and New Mexico.
VitaMineralHerb.com hosts an Internet web site where health related products can
be purchased for resale; the web site then automatically credits the licensee
with purchases from their customers (the site is accessed by a User ID and
password).

Although we focused on health professionals and those involved in fitness
related businesses as our target customers we were unable to attract their
buying from the VitaMineralHerb.com web site to purchase health related products
for resale to their clients.

In addition to the VitaMineralHerb.com efforts, we evaluated the viability of
selling a food supplement pill which aids the body's natural defenses against
sunburn and the resultant skin and cell damage. After considerable effort, we
determined that the project was not cost feasible and terminated further
evaluations.

We did not generate any revenues from the above endeavors and during March 2002,
we decided to terminate our involvement with marketing vitamins and such related
projects; consequently, we cancelled our license agreement with
VitaMineralHerb.com.

BUSINESS

During the third quarter of 2001, the Company entered into a non-binding letter
of intent with iCyberData, Inc., a Florida corporation to purchase the
iCyberData Court Suite, "Court Suite". On January 31, 2002, the Company entered
into an Intellectual Property Purchase Agreement with iCyberData, Inc.
conditional upon them successfully transferring the intellectual property. The
successful transfer occurred on February 28, 2002 and the closing occurred on
March 10, 2002. All parties agreed to make the effective date of the Agreement
January 31, 2002. The purchase of the Court Suite software program requires cash
that the Company planned to raise. After numerous months of effort the Company
was unable to raise the required funds. On September 25, 2002 a Mutual Release
and Hold Harmless Agreement releasing both iCyberData and the Company from the
Intellectual Property Purchase Agreement executed on January 31, 2002. The
Company also issued 2,000,000 shares of its common stock restricted as to Rule
144, to iCyberData to help defer some of its expenses associated with the
attempted acquisition.

Since October 2002, Management's business plan is to seek out a privately held
business with whom the Company can reorganize so as to take advantage of the
Company's status as a publicly held corporation.


EMPLOYEES AND OFFICES

As of March 26, 2004, the Company did not have any full time employees.

ITEM 2. DESCRIPTION OF PROPERTIES

The Company's offices are located at 409 Calle San Pablo Suite 100-101
Camarillo, CA 93010 and its telephone number is(805) 445 9149.


<PAGE>
ITEM 3. LEGAL PROCEEDINGS.

The Company is not party to any pending legal proceeding nor is any of its
property the subject of any pending legal proceeding. The Company is not aware
of any proceeding that a governmental authority is contemplating.


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

         Not Applicable

ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

The Company's common stock is traded in the over-the-counter market on the OTC
Bulletin Board under the symbol "SCDD". The following table sets forth the range
of high and low bid quotes of the Company's Common Stock per calendar quarter
which reflect inter-dealer prices without retail mark-up, mark-down or
commission and may not necessarily represent actual transactions. The Company
began trading during July 2001; therefore, there were no shares to trade prior
to that time.

              2003                         Low              High
              ----                         ---              ----
         First quarter                     0.005            0.04
         Second quarter                    0.01             0.04
         Third quarter                     0.01             0.015
         Fourth quarter                    0.00             0.02

              2002                         Low              High
              ----                         ---              ----
         First quarter                     0.13             0.20
         Second quarter                    0.06             0.06
         Third quarter                     0.01             0.01
         Fourth quarter                    0.01             0.01

In January, 2004, the Company effected a 15 to 1 reverse split of its
outstanding shares and now trades under the symbol SCRE

COMMON STOCK

The Company is authorized to issue 100,000,000 shares of $0.001 par value common
stock (the "Common Stock"). Holders of Common Stock are entitled to cast one
vote for each share held of record of all matters presented to shareholders.
Cumulative voting is not allowed, which allows the holders of a majority of the
outstanding Common Stock to elect all directors.

Holders of Common Stock are entitled to receive such dividends as may be
declared by the Board of Directors out of funds legally available for the
payment of dividends and, in the event of liquidation, to share pro rata in any
distribution of the Company's assets after payment of liabilities. The Company
has never declared a dividend and it is not anticipated that dividends will be
paid in the foreseeable future.

Holders of Common Stock do not have preemptive rights to subscribe to additional
shares issued by the Company. All of the outstanding shares of Common Stock are
fully paid and non-assessable.


<PAGE>
PREFERRED STOCK

The Company is authorized to issue up to 5,000,000 shares of $0.001 par value
preferred stock. The Company's Articles of Incorporation provide that the Board
of Directors has the authority to issue the Preferred Stock from time to time,
with such designations, preferences, conversion rights, cumulative, relative,
participating, optional or other rights, qualifications, limitations, or
restrictions thereof as they determine, within the limitations provided by
Nevada statute.

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

Since October 2002, management's business plan is to seek out a privately held
business with whom the Company can reorganize so as to take advantage of the
Company's status as a publicly held corporation.

The Company is without an operating history. It has no revenue and limited
assets. The Company will in all likelihood operate at a loss and will be unable
to reverse that situation until a merger or acquisition occurs.

The Company has no current agreement with respect to a merger or acquisition
with a targeted Company. There is no assurance that the Company will be
successful in its plan to merge or acquire another entity. There has been no
industry identification by management. The management of the Company consists
only of its officers and directors. They will devote a large portion of their
time to locate and close with a potential targeted Company. There is neither
compensation paid nor an agreement to enter into such a contract in the future


Liquidity and capital resources

The Company has incurred additional deficits.  The Company has no cash or other
liquid assets. The Company is attempting to negotiate settlements with its
creditors.  The Company believes that these creditors will settle a majority of
these obligations in exchange for shares of its common stock. The Company has
paid for services provided by consultants by issuing common stock. The Company
must address accrued payroll and trade payable obligations to successfully
restructure the Company's obligations. There can be no assurances that the
Company will be successful in doing so.

Off balance sheet arrangements

The Company's liquidity has not dependent upon off balance sheet transactions.
For the fiscal year ended December 31, 2003, the Company did not engage in any
off balance sheet transactions.


Controls and procedures

The Company maintains disclosure controls and procedures that are designed to
ensure that information required to be disclosed in the Company's Exchange Act
reports is recorded, processed, summarized and reported within the time periods
specified in the SEC's rules and forms, and that such information is accumulated
and communicated to the Company's management, including its Chief Executive
Officer and Chief Financial Officer, as appropriate, to allow timely decisions
regarding required disclosure based closely on the definition of "disclosure
controls and procedures" in Rule 13a-14(c). The Company's disclosure controls
and procedures are designed to provide a reasonable level of assurance of
reaching the Company's desired disclosure control objectives. In designing and
evaluating the disclosure controls and procedures, management recognized that
any controls and procedures, no matter how well designed and operated, can
provide only reasonable assurance of achieving the desired control objectives,
and management necessarily was required to apply its judgment in evaluating the
cost-benefit relationship of possible controls and procedures. The Company's
certifying officer has concluded that the Company's disclosure controls and
procedures are effective in reaching that level of assurance.


<PAGE>
As of the end of the period of this report, the Company carried out an
evaluation, under the supervision and with the participation of the Company's
management, including the Company's Chief Executive Officer and the Company's
Chief Financial Officer, of the effectiveness of the design and operation of the
Company's disclosure controls and procedures. Based on the foregoing, the
Company's Chief Executive Officer and Chief Financial Officer concluded that the
Company's disclosure controls and procedures were effective.

There have been no significant changes in the Company's internal controls or in
other factors that could significantly affect the internal controls subsequent
to the date the Company completed its evaluation.




<PAGE>

ITEM 7. FINANCIAL STATEMENTS


                          INDEPENDENT AUDITORS' REPORT



To the Board of Directors of
Secured Data, Inc.


We have audited the balance sheet of Secured Data, Inc. (a Development Stage
Company), as of December 31, 2003 and the related statements of operations,
stockholders' equity (deficit) and cash flows for the year then ended. These
financial statements are the responsibility of the Company's management. Our
responsibility is to express an opinion on these financial statements based on
our audit.

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

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

The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern. As discussed in Note 1 to the
financial statements, the Company has not yet commenced operations, raised
capital or implemented a plan of operations. These matters raise substantial
doubt about the Company's ability to continue as a going concern. The financial
statements do not include any adjustments that might result from the outcome of
this uncertainty.




/s/   EPSTEIN, WEBER & CONOVER, P.L.C.
--------------------------------------
       Scottsdale, Arizona
       March 30, 2004


<PAGE>



SECURED DATA, INC. (FORMERLY ENTERNET, INC.)
(A DEVELOPMENT STAGE COMPANY)
BALANCE SHEET AS OF DECEMBER 31, 2003
--------------------------------------------------------------------------------

ASSETS

CURRENT ASSETS                                                      $        --

                                                                    -----------
TOTAL ASSETS                                                        $        --
                                                                    ===========

LIABILITIES AND STOCKHOLDERS' EQUITY:

CURRENT LIABILITIES
  Payable to consultants and vendors                                $   157,987
  Advances payable to officer                                            23,693

                                                                    -----------
TOTAL LIABILITIES                                                       181,680
                                                                    -----------

STOCKHOLDERS' EQUITY:
   Common stock, $.001 par value, 100,000,000 shares
      authorized, 6,051,469 shares issued and outstanding                 6,051
   Additional paid-in capital                                         1,209,498
   Deferred stock compensation                                         (132,500)
   Deficit accumulated during the development stage                  (1,264,729)
                                                                    -----------
      Total stockholders' equity                                       (181,680)

                                                                    -----------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                          $        --
                                                                    ===========




    The accompanying notes are an integral part of these financial statements


<PAGE>


<TABLE>
SECURED DATA, INC. (FORMERLY ENTERNET, INC.)
(A DEVELOPMENT STAGE COMPANY)
STATEMENTS OF OPERATIONS
-------------------------------------------------------------------------------------------------------
<CAPTION>

                                                                                           MARCH 16,
                                                      FOR THE            FOR THE             2000
                                                    YEAR ENDED         YEAR ENDED       (INCEPTION) TO
                                                   DECEMBER 31,       DECEMBER 31,       DECEMBER 31,
                                                       2003               2002               2003
                                                  ----------------  ------------------  ---------------
<S>                                               <C>                  <C>               <C>
REVENUE                                           $        --          $        --       $        --

COSTS AND EXPENSES:
    General and administrative expense                328,157              727,479         1,264,729
                                                  -----------          -----------       -----------
             Total                                    328,157              727,479         1,264,729

                                                  -----------          -----------       -----------
 (LOSS) FROM OPERATIONS                              (328,157)            (727,479)       (1,264,729)

INCOME TAXES                                               --                   --                --

                                                  -----------          -----------       -----------
NET (LOSS)                                        $  (328,157)         $  (727,479)      $(1,264,729)
                                                  ===========          ===========       ===========

NET (LOSS) PER COMMON SHARE
   Basic                                          $     (0.08)         $     (0.80)      $     (0.83)
                                                  ===========          ===========       ===========
   Diluted                                        $     (0.08)         $     (0.80)      $     (0.83)
                                                  ===========          ===========       ===========

WEIGHTED AVERAGE COMMON SHARES
   OUTSTANDING (BASIC AND DILUTED)                  4,320,329              911,512         1,531,824
                                                  ===========          ===========       ===========

</TABLE>



    The accompanying notes are an integral part of these financial statements



<PAGE>



<TABLE>
SECURED DATA, INC. (FORMERLY ENTERNET, INC.)
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF STOCKHOLDERS' (DEFICIT)
FOR THE PERIOD MARCH 16, 2000 (INCEPTION) TO DECEMBER 31, 2003
----------------------------------------------------------------------------------------------------------------------------------

<CAPTION>

                                                                            Deferred      Additional
                                                      Common Stock            Stock        Paid-in       Accumulated
                                                 Shares         Amount     Compensation    Capital         Deficit         Total

<S>                                                        <C>            <C>            <C>            <C>            <C>
March 16, 2000, (date of inception)                  --    $        --    $        --    $        --    $        --    $        --

Issuance of common stock for cash                40,000             40                         4,960                         5,000

Net loss                                             --             --                            --        (39,182)       (39,182)

                                            -----------    -----------    -----------    -----------    -----------    -----------
BALANCE DECEMBER 31, 2000                        40,000             40             --          4,960        (39,182)       (34,182)
                                            -----------    -----------    -----------    -----------    -----------    -----------

Issuance of common stock for cash,
  net of offering costs of $11,329              800,000            800                        87,871                        88,671

Net loss                                             --             --                            --       (169,911)      (169,911)

                                            -----------    -----------    -----------    -----------    -----------    -----------
BALANCE DECEMBER 31, 2001                       840,000            840             --         92,831       (209,093)      (115,422)
                                            -----------    -----------    -----------    -----------    -----------    -----------

Common stock issued for services
  and in exchange for related obligations       161,333            161                       404,339                       404,500

Common stock issued in settlement of
  rescinded asset purchase                      133,333            133                        19,867                        20,000

Net loss                                             --             --                            --       (727,479)      (727,479)

                                            -----------    -----------    -----------    -----------    -----------    -----------
BALANCE DECEMBER 31, 2002                     1,134,667          1,135             --        517,036       (936,572)   $  (418,401)
                                            -----------    -----------    -----------    -----------    -----------    -----------

Common stock issued for services
  and in exchange for related obligations     2,796,802          2,797                       376,581                       379,378

Common stock issued for deferred
  compensation                                2,120,000          2,120       (318,000)       315,880                            --

Amortization of deferred stock
  compensation                                                                185,500                                      185,500

Net loss                                                                                                   (328,157)      (328,157)

                                            -----------    -----------    -----------    -----------    -----------    -----------
BALANCE DECEMBER 31, 2003                     6,051,469    $     6,051    $  (132,500)   $ 1,209,498    $(1,264,729)   $  (181,680)
                                            ===========    ===========    ===========    ===========    ===========    ===========

</TABLE>




    The accompanying notes are an integral part of these financial statements


<PAGE>

<TABLE>
SECURED DATA, INC. (FORMERLY ENTERNET, INC.)
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 2003
<CAPTION>
------------------------------------------------------------------------------------------------------------------------
                                                                                                         Period from
                                                                                                       January 31,2000
                                                                                                     (date of inception)
                                                              Year Ended             Year Ended              to
                                                            December 31, 2003     December 31, 2002   December 31, 2003
                                                            -----------------     -----------------   -----------------
<S>                                                          <C>                  <C>                    <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net income (loss)                                          $  (377,157)         $     (727,479)        $(1,313,729)
  Adjustments to reconcile net income to net cash
    used in operating activities:
   Common stock issued as consideration for services             379,378                 424,500             803,878
   Common stock issued as consideration under
     deferred compensation                                       185,500                      --             185,500
   Value of stock options recognized as compensation              49,000
  Changes in assets and liabilities:
     Accrued liabilities                                        (260,414)                302,979             157,987
                                                             -----------          --------------         -----------
          Net cash used in operating activities                  (23,693)                     --            (166,364)
                                                             -----------          --------------         -----------

CASH FLOWS FROM FINANCING ACTIVITIES:
   Advances from officer                                          23,693                                      23,693
   Common stock issued for cash                                       --                      --              93,671
                                                                                                         -----------
                                                             -----------          --------------         -----------
        Net cash provided by financing activities                 23,693                      --             117,364
                                                             -----------          --------------         -----------

DECREASE IN CASH AND EQUIVALENTS                                      --                      --             (49,000)

CASH AND EQUIVALENTS, BEGINNING OF PERIOD                             --                      --                  --
                                                             -----------          --------------         -----------

CASH AND EQUIVALENTS, END OF PERIOD                          $        --          $           --         $   (49,000)
                                                             ===========          ==============         ===========


SUPPLEMENTAL CASH FLOW INFORMATION:

     Interest paid                                           $        --          $           --         $        --
                                                             ===========          ==============         ===========

     Income taxes paid                                       $        --          $           --         $        --
                                                             ===========          ==============         ===========

</TABLE>




    The accompanying notes are an integral part of these financial statements



<PAGE>

SECURED DATA, INC. (FORMERLY ENTERNET, INC.)
(A DEVELOPMENT STAGE COMPANY)
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED DECEMBER 31, 2003
--------------------------------------------------------------------------------

1.   ORGANIZATION AND BASIS OF PRESENTATION

     Secured Data, Inc. (the "Company") a Nevada corporation, was incorporated
     on March 16, 2000 under the name Enternet, Inc. On May 23, 2002, the
     Articles of Incorporation were amended to change the name of the Company to
     Secured Data, Inc. The Company is a development stage enterprise with a
     fiscal year ending December 31. The Company originally planned to market
     vitamins, minerals, nutritional supplements and other health and fitness
     products over the internet. After considerable effort, the Company
     determined that the project was not feasible. Effective January 31, 2002,
     the Company purchased the iCyberData Court Suite ("Court Suite"). Court
     Suite is an automated case management software system designed to solve the
     problems currently encountered by counties implementing and maintaining
     specialty courts. On September 25, 2002, the Company entered into a Mutual
     Release and Hold Harmless Agreement releasing both parties from the
     Intellectual Property Purchase Agreement entered into on January 31, 2002.
     To date, the Company has had no revenues associated with these activities.
     The accompanying financial statements present the Company as a development
     stage enterprise as of December 31, 2003.

     The Company faces many operating and industry challenges. There is no
     meaningful operating history to evaluate the Company's prospects for
     successful operations. Future losses for the Company are anticipated. The
     proposed plan of operations would include seeking an operating entity with
     which to merge. Even if successful, a merger may not result in cash flow
     sufficient to finance the continued expansion of a business.

     The accompanying financial statements have been prepared assuming that the
     Company will continue as a going concern. The Company has $181,680 in
     obligations with no means to repay such obligations other than negotiating
     settlements that will include payment through the issuance of common stock.
     As mentioned above, the Company intends to seek a merger candidate but has
     not yet identified possible candidates nor has the Company obtained capital
     needed to achieve management's plans and support its operations and there
     is no assurance that the Company will be able to raise such financing.
     These factors raise substantial doubt about the Company's ability to
     continue as a going concern. The financial statements do not include any
     adjustments that might result from this uncertainty.


2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     Cash and Cash Equivalents - Cash and cash equivalents include all
     short-term liquid investments that are readily convertible to known amounts
     of cash and have original maturities of three months or less. The Company
     had no cash or cash equivalents as of December 31, 2003.

     Income taxes - The Company provides for income taxes based on the
     provisions of Statement of Financial Accounting Standards No. 109,
     Accounting for Income Taxes, which among other things, requires that
     recognition of deferred income taxes be measured by the provisions of
     enacted tax laws in effect at the date of financial statements.


<PAGE>

     Use of Estimates - The preparation of financial statements in conformity
     with generally accepted accounting principles requires management to make
     estimates and assumptions that affect the reported amounts of assets and
     liabilities and disclosure of contingent assets and liabilities at the date
     of the financial statements and the reported amounts of revenues and
     expenses during the reporting period. Actual results could differ from
     those estimates.

     Income (Loss) Per Common Share - Basic income (loss) per share is computed
     using the weighted average number of shares of common stock outstanding for
     the period. The Company had no common stock equivalents outstanding at
     December 31, 2003. During 2003 the company issued options to purchase
     700,000 shares of common stock at $.10 per share. As of December 31, 2003,
     no options had been issued. Subsequent to December 31, 2003, the Company
     executed a reverse split of the outstanding common stock on a fifteen to on
     basis. The financial statements have been restated to reflect the stock
     split.

     Financial instruments consist primarily of obligations under accounts
     payable and accrued expenses. The carrying amount of obligations under
     accounts payable and accrued expenses approximates fair value because of
     the short maturity of those instruments. The Company has applied certain
     assumptions in estimating these fair values. The use of different
     assumptions or methodologies may have a material effect on the estimates of
     fair value.

     Recently Issued Accounting Standards - The Financial Accounting Standards
     Board has issued SFAS No. 141, Business Combinations, SFAS No. 142,
     Goodwill and Other Intangible Assets, SFAS No. 143, Asset Retirement
     Obligations and SFAS No. 144, Accounting for the Impairment or Disposal of
     Long-Lived Assets. The Company has reviewed the provisions of the new
     accounting pronouncements and does not believe their adoption will have a
     material effect on its financial position and results of its operations.
     The provisions of SFAS No. 144 are effective for fiscal years beginning
     after December 15, 2001 and are not expected to have a material effect on
     the Company's financial position and results of operations when adopted.

     In July 2002, the FASB issued SFAS No. 146, Accounting for Costs Associated
     With Exit or Disposal Activities. This Standard requires costs associated
     with exit or disposal activities to be recognized when they are incurred.
     The requirements of SFAS No. 146 apply prospectively after December 31,
     2002, and as such, the Company does not believe that there will be a
     material effect of implementing this provision.

3.   OBLIGATIONS TO CONSULTANTS AND VENDORS

     The Company has incurred obligations to numerous consultants, professionals
     and vendors in connection with the maintenance of the corporate entity and
     matters related to the failed attempt to implement the Court Suite software
     business segment. During the year ended December 31, 2003, the Company
     issued 2,796,802 shares of common stock, as payment for outstanding
     payables and current year obligations.


<PAGE>


4. INCOME TAXES

     The Company recognizes deferred income taxes for the differences between
     financial accounting and tax bases of assets and liabilities. Income taxes
     for the year ended December 31, 2003 consist of the following:

                                                        2003             2002
                                                        ----             ----

         Current tax provision (benefit)            $  (47,445)     $  (255,509)
         Deferred tax provision (benefit)               47,445          255,509
                                                    ----------      -----------

         Total income tax provision (benefit)       $       -0-     $       -0-
                                                    ============    ============

     The only material temporary book/tax differences for the years ended
     December 31, 2003 and 2002, were $109,600 and $88,500 of officer
     compensation accrued and paid for through the issuance of the Company's
     common stock and the granting of options. The amount is not deductible by
     the Company for income tax purposes until it is included in the recipient's
     income.

     There was a deferred income tax asset of $496,000 at December 31, 2003,
     relating to tax benefits of net operating loss carryforwards of
     approximately $386,000 and $109,600 for the deferred compensation. The
     deferred income tax asset is fully offset by a $496,000 valuation allowance
     which was increased by $122,000 during the year ended December 31, 2003.
     Federal and state net operating loss carryforwards of $990,000 expire
     beginning in 2020 through 2003.

     A reconciliation of the differences between the effective and statutory
    income tax rates ended December 31, 2003 and 2002, is as follows:
<TABLE>
<CAPTION>

                                                     2003                2002
                                                     ----                ----
<S>                                        <C>             <C>       <C>             <C>
     Federal                               $ (102,000)     (31)%     $ (247,000)     (34)%
     State                                    (20,000)      (6)%        (44,000)      (6)%
     Additional valuation allowance           122,000        39%        291,000        40%
     Other                                         -0-                       -0-
                                          -------------------------------------------------
     Effective rate                        $       -0-        0%     $       -0-        0%
                                          =================================================
</TABLE>


5.   INTELLECTUAL PROPERTY PURCHASE AGREEMENT

     On January 31, 2002, the Company entered into an Intellectual Property
     Purchase Agreement (the "Purchase Agreement") with iCyberData, Inc. to
     purchase their Court Suite software program. In accordance with the terms
     of the Agreement, the Company issued 600,000 shares of restricted common
     stock and a non-interest bearing six-month promissory note in the amount of
     $786,000. The Company was to begin making monthly payments February 15,
     2002. The Agreement required the Company to issue 25,000 shares of common
     stock for every week or a portion thereof that payments were in arrears.
     The Company was unable to make any required payments under the terms of the
     note payable. The Company issued an additional 180,000 shares as a penalty
     for the delinquent payments on the note payable. On September 25, 2002, the
     Company and iCyberData entered into a Mutual Release and Hold Harmless
     Agreement (the "Release Agreement"). The Release Agreement released both
     parties from any and all obligations as set forth in the Purchase
     Agreement. In addition, as part of the settlement, the Company was required
     to issue 2,000,000 common shares to iCyberdata, Inc which then returned the
     780,000 shares it originally was issued in connection with this transaction
     and the penalty. The Company accounted for this transaction as a rescission
     and removed technology assets with a net book value of $894,653, a note
     payable of $766,000, accrued liabilities of $63,845 and the recorded
     expense of $27,000. Ultimately, the effect on the financial statements for
     this transaction is that an expense of $20,000 was recorded in the year
     ended December 31, 2002, representing the fair value of the 2,000,000
     shares of common stock issued as part of the final settlement.

<PAGE>
6.   STOCKHOLDERS' DEFICIT

     Subsequent to December 31, 2003, the Company executed a reverse split of
     the outstanding common stock on a one for fifteen basis. The number of
     common shares presented in these financial statements has been
     retroactively restated to present the stock split as if it had occurred at
     the inception date.

     The Company has authorized up to 5,000,000 shares of Stock preferred stock
     with a par value of $.001 per share. The preferred stock can be issued in
     various series with varying dividend rates and preferences. At December 31,
     2003 there are no issued series or shares of preferred stock.

     During the year ended December 31, 2003, the Company settled obligations to
     vendors, consultants and professionals in the amount of $379,378. The
     Company issued 153,120 common shares to settle these obligations. The
     obligations were settled for shares having trading value approximating the
     amounts of the obligations.

     The Company entered into three deferred compensation agreements during the
     year ended December 31, 2003 totaling $318,000. The individuals elected to
     receive a total of 141,333 shares of common stock in lieu of compensation.
     Each of the agreements commenced on June 1, 2003. As of December 31, 2003,
     the Company had recognized $185,500 of the deferred stock compensation
     grant. In connection with these agreements, the Company also issued options
     to purchase 46,667 shares of common stock at $1.50 per share (Note 8).


7.   COMMITMENTS AND CONTINGENCIES

     The Company has entered into various consulting agreements. All of the
     consulting agreements have been mutually cancelled.

     The Company may be subject other unasserted claims associated with the
     abandonment of its attempts to enter new business lines. In the opinion of
     management the ultimate disposition of these potential matters cannot be
     presently assessed.



<PAGE>



8.   STOCK OPTIONS

     The Company issues stock options from time-to-time to executives, key
     employees and members of the Board of Directors. The Company has adopted
     the disclosure-only provisions of Statement of Financial Accounting
     Standards No. 123, "Accounting for Stock-Based Compensation," and continues
     to account for stock based compensation using the intrinsic value method
     prescribed by Accounting Principles Board Opinion No. 25, "Accounting for
     Stock Issued to Employees". There were no stock options granted in the year
     ended December 31, 2002. All stock options granted in the year ended
     December 31, 2003 have exercise prices at or higher than the average market
     price of the Company's common stock at the dates of the grants.
     Accordingly, no compensation cost has been recognized for the stock options
     granted to employees. Had compensation cost for the Company's stock options
     been determined based on the fair value at the grant date for awards in
     2003, consistent with the provisions of SFAS No. 123, the Company's net
     loss and loss per share would have been increased to the pro forma amounts
     indicated below:

                                                         2003
                                                         ----
     Net Loss - as reported                          $ (328,157)
     Net Loss - pro forma                            $ (335,381)
     Loss per share - as reported                    $    (0.08)
     Loss per share - pro forma                      $    (0.08)

     All of the options granted in the year ended December 31, 2003, became
     fully vested on December 31,2003. Under the provisions of SFAS No. 123,
     these fully vested options of were used to determine net earnings and
     earnings per share under a pro forma basis.

     The fair value of each option grant is estimated on the date of grant using
     the Black-Scholes option-pricing model with the following assumptions for
     years ended December 31:

                                                        2003
                                                        ----
                 Dividend yield                         None
                 Volatility                             337%
                 Risk free interest rate                3.01%
                 Expected asset life                    3 years

     During the year ended December 31, 2003, the Company granted to employees
     options to purchase 46,667 shares of the Company's common stock. The
     options were granted at an exercise price equal to or greater than the
     average trading price of the Company's common stock at the date of the
     grant. The options granted in the year ended December 31, 2003, all
     contained exercise prices of $1.50 per share.


     The summary of activity for the Company's stock options is presented below:


<PAGE>


                                                                     Weighted
                                                                     Average
                                                                     Exercise
                                                        2003         Price

Options outstanding at beginning of year                 -0-           n/a
Granted                                                46,667       $  1.50
Exercised                                                -0-
Terminated/Expired                                       -0-
Options outstanding at end of year                     46,667       $  1.50
Options exercisable at end of year                     46,667       $  1.50
Options available for grant at end of year               n/a

Price per share of options outstanding               $   1.50

Weighted average remaining contractual lives          2.5 years

Weighted Average fair value of options granted
during the year                                      $   0.1548





                                  * * * * * * *






<PAGE>



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

The Company on, March 3, 2003 retained, Epstein, Weber & Conover, PLC of
Scottsdale Arizona as its principal accountant. Neither the registrant nor
anyone on its staff has consulted Epstein, Weber & Conover, PLC, during the two
most recent past fiscal years, and any later interim period, regarding any
matter for which reporting is required under regulation SB, Item 304(a) (2) (i)
or (ii) and the related instructions. The Board of Directors approved the
appointment of Epstein, Weber & Conover, PLC. There was no disagreement with the
former principal accounts Tanner and Co. nor have there been any disagreements
with our current accountants regarding any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure.


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

The following table sets forth the name, age and position of the director and
officer of Secured Data Inc., as of March 30, 2004

    Name                   Age          Position
    -----                  ---          --------
    Art Malone, Jr.         37          President,
                                        Sole Director

Art Malone Jr., was born in Casa Grande, Arizona. He moved to Ventura,
California in 1968 where he attended Ventura High School. At Ventura High, he
received numerous athletic awards and was the first athlete from Ventura High to
receive a Football Scholarship to a Major University

Mr. Malone enrolled at the University of Washington, where he studied Sociology
and Criminal law. Mr. Malone also studied at Kings Seminary. While attending
Washington, he was a 3 year starter at cornerback for the Washington Huskies
football team. Art has played in the NFL, CFL, and the WFL. The Malone family
has enjoyed a long storied history with the NFL. Art Sr. Enjoyed a long and
distinguished career, as did Art's Uncle, Ben Malone. Art's younger brother,
Eric Turner, was the number two draft pick overall in the 1991 NFL draft, the
highest drafted defensive back in NFL history.

Presently, Mr. Malone has a successful consulting company. Mr. Malone worked
with Peritus Asset Management Group which managed over 100 million dollars. Mr.
Malone has been involved with introducing sources of capital for numerous public
and private companies. Mr. Malone has also set as Chairman of Two Public
Companies and is Presently the Chairman and C.E.O of Bethel Holdings, which
trades on the Pink Sheets. Mr. Malone also founded a Record Label called Gimee
Grace Records in which he was able to secure World Wide Distribution through
Universal Records by way of Bungalo Records. Over the last four years, Mr.
Malone has been responsible for introducing over 50 million dollars for Public
and Private Companies, Mr. Malone was also responsible for helping Companies get
listed on several exchanges.

Mr. Malone also has helped many companies as an advisor and/or consultant and is
a highly sought after motivational speaker, lecturing on the foundations of
lasting success.

Mr. Malone has a very strong belief in God. He is an Ordained Elder, Pastoring a
very successful church, Faith Tabernacle of Peace. His church has grown in only
2 1/2 years to over 300 members and has 37 departments.

<PAGE>
ITEM 10. EXECUTIVE COMPENSATION

The Company has not paid any compensation to the Company's President (the
Company's Chief Executive Officer) during the three years ending December 31,
2003.

ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.

The following table shows the ownership of the Company's common stock by the
Company's officers and directors and by those persons known by the Company to be
the beneficial owners of more than 5% of the Company's common stock as of March
26, 2004. Unless otherwise indicated all shares are owned of record.


                                                                       Percent
                                                                          of
Name and Address              Shares Owned                              Class
---------------               ------------                             -------

Art Malone                        1,800,000                               29.7%

All Officers and
Directors as
a Group (1 person)                1,800,000                               29.7%


There are no arrangements known to the Company which may result in a change in
control of the Company.


ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.


ITEM 13. EXHIBITS AND REPORTS ON FORM 8-K

     (a) Exhibits

3.1.    Articles of Incorporation (1)
3.2     ByLaws (1)
3.3     Certificate of Amendment to Articles of Incorporation
31.1    Sarbanes Oxley Section 302Certification
32.1    Sarbanes Oxley Section 906 Certification

(Incorporated by Reference from the registration statement on form SB-2 filed on
or about July 28, 2000.)

     (b) Reports on Form 8-K

The Company filed Form 8-K dated January 10, 2003 to inform investors that the
registrant on, March 3, 2003 retained, Epstein, Weber & Conover, PLC of
Scottsdale Arizona as its principal accountant. Neither the registrant nor
anyone on its staff has consulted Epstein, Weber & Conover, PLC, during the two
most recent past fiscal years, and any later interim period, regarding any
matter for which reporting is required under regulation SB, Item 304(a) (2) (i)
or (ii) and the related instructions. The Board of Directors approved the
appointment of Epstein, Weber & Conover, PLC. There was no disagreement with the
former principal accounts Tanner and Co. nor have there been any disagreements
with our current accountants regarding any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure.

<PAGE>
An 8-K filed on April 4, 2003 disclosing a change of officers and the
appointment to fill a vacancy on the board of directors and change of address.


Item 14.  Principal Accountant Fees And Services

Epstein, Weber & Conover, PLC, Certified Public Accountants, are the Company's
independent auditors to examine the financial statements of the Company for the
fiscal year ending December 31, 2003. Epstein, Weber & Conover, PLC. has
performed the following services and has been paid the following fees for these
fiscal years.

Audit Fees

Epstein, Weber & Conover, PLC was paid aggregate fees of $ 0 for the fiscal
year ended December 31, 2002 and $ 5,000 for the fiscal year ended December 31,
2003 for professional services rendered for the audit of the Company's annual
financial statements and for the reviews of the financial statements included in
Company's quarterly reports on Form 10QSB during these fiscal years.


Audit-Related Fees

Epstein, Weber & Conover, PLC was paid $ 0 and $3,350 additional fees for the
fiscal years ended December 31, 2002 and December 31, 2003 for assurance and
related services reasonably related to the performance of the audit or review of
the Company's financial statements.

Tax Fees

Epstein, Weber & Conover, PLC was paid aggregate fees of $ 0 for the fiscal
years ended December 31, 2002 and December 31, 2003 for professional services
rendered for tax compliance, tax advice and tax planning.

Other Fees

Epstein, Weber & Conover, PLC was paid no other fees for professional services
during the fiscal years ended December 31, 2002 and December 31, 2003.


<PAGE>



                                   SIGNATURES


     In accordance with Section 13 or 15(a) of the Exchange Act, the Registrant
has caused this Report to be signed on its behalf by the undersigned, thereunto
duly authorized on the 26th day of March, 2004.

                                       SECURED DATA, INC.

                                       /s/ Arthur Malone, Jr.
                                       -----------------------------------------
                                       Arthur Malone, Jr., President, Chief
                                       Executive Officer and Principal Financial
                                       Officer


     In accordance with the Exchange Act, this Report has been signed by the
following persons on behalf of the Registrant in the capacities and on the dates
indicated.


Signature                        Title                       Date
---------                        -----                       ----


/s/ Arthur Malone, Jr.
----------------------
Arthur Malone, Jr.              Director                  March 26, 2004


<PAGE>