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 OF 1934

FOR THE FISCAL YEAR ENDED: December 31, 2001
OR

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

FOR THE TRANSITION PERIOD FROM TO N/A

COMMISSION FILE NUMBER: 000-29427

CODATEK CORP.

(EXACT NAME OF SMALL BUSINESS ISSUER AS SPECIFIED IN ITS CHARTER)

|NEVADA                 | 88-0412582                             
|---------------------- | ---------------------------------------
|STATE OF INCORPORATION | (I.R.S. EMPLOYER IDENTIFICATION NUMBER)

Tundra Group HSE

8275 South Eastern Avenue

Las Vegas, Nevada 89123

(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES INCLUDING (ZIP CODE)

(702) 938-0460

Registrant's telephone number, including area code

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

Securities registered pursuant to Section 12(g) of the Act: NONE

Indicate by check mark whether the Registration (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to files such reports), and (2) has been subject to such filing requirements for the past 90 days. (1) X YES as to filing; (2) X

Yes as to requirement.

As of December 31, 2001, and extended to the filing date of this Report, the aggregate value of the voting stock held by non affiliates of the Registrant, computed by reference to the average of the bid and ask price on such date was $0.00 as the Registrant has no current trading market.

As of December 31, 2001, and currently, the Registrant has outstanding approximately 12,000,000 shares of common stock ($.001 par value). An index of the documents incorporated herein by reference and/or annexed as exhibits to the signed originals of this report appears on page 14.

<Page>



TABLE OF CONTENTS TO ANNUAL REPORT

ON FORM 10-KSB

YEAR ENDED DECEMBER 31, 2001

PART I

|        |                                                     | Page Number
|------- | --------------------------------------------------- | -----------
|Item 1. | Description of Business                             | 3          
|Item 2. | Description of Property                             | 5          
|Item 3. | Legal Proceedings                                   | 5          
|Item 4. | Submission of matters to a Vote of Security Holders | 6          

PART II

|Item 5. | Market for Registrant's Common Equity & Related Stockholders' Matters              | 6 
|------- | ---------------------------------------------------------------------------------- | --
|Item 6. | Management's Discussion & Analysis of Financial Condition & Results of Operations  | 6 
|Item 7. | Financial Statements                                                               | 9 
|Item 8. | Changes in and Disagreements with Accountants on Accounting & Financial Disclosure | 10

PART III

|Item 9.  | Directors & Executive Officers, Promoters & Control Persons, Compliance with Section 16 (a) of the Exchange Act | 10
|-------- | --------------------------------------------------------------------------------------------------------------- | --
|Item 10. | Executive Compensation                                                                                          | 11
|Item 11. | Security Ownership of Certain Beneficial Owners & Management                                                    | 11
|Item 12. | Certain Relationships & Related Transactions                                                                    | 12
|Item 13. | Exhibits & Reports on Form 8-K                                                                                  | 14
|         |                                                                                                                





<Page>



PART I.

ITEM 1.	DESCRIPTION OF BUSINESS

A.	GENERAL

Codatek is a Nevada corporation formed on December 31, 1998. Its principal place of business is located at 8275 South Eastern Avenue, Las Vegas, NV 89123.

Business of Issuer

Codatek Corp. was organized to engage in any lawful corporate business, including but not limited to, research, design and development of computer software technologies. The primary activity of Codatek Corp. currently involves the research, design and development of computer software. The Company has no current business operations.

EMPLOYEES

The Company has no full time employees. The Company's President has agreed to allocate a portion of her time to the activities of the Registrant, without compensation. The President anticipates that the business plan of the Company can be implemented by her devoting approximately 10 hours per month to the business affairs of the Company and, consequently, conflicts of interest may arise with respect to the limited time commitment by such

officer.

ITEM 2. DESCRIPTION OF PROPERTIES

The Company has no significant assets, property, or operating capital.

ITEM 3. LEGAL PROCEEDINGS

The Company is not a party to, nor are its properties the subject of, any pending legal proceedings and no such proceedings are known to the Company to be threatened or contemplated by or against it.

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

No matter was submitted to a vote of the security holders during the 4th quarter of the fiscal year covered by this report. A notice of the completed reorganization, as described above, was mailed to all shareholders of record.

PART II

ITEM 5.	MARKET FOR REGISTRANT'S COMMON EQUITY & RELATED

STOCKHOLDER MATTERS

Market Information

To the knowledge of current management, there is no public trading market for the Company's common stock.

Holders

At December 31, 2001, there were approximately 44 holders of record of the Company's common stock. As of December 31, 2001, there were approximately 12,000,000 shares outstanding.

Dividends

The Company has not declared any cash dividends within the past two years on its common stock. The Company does not anticipate or contemplate paying dividends in the foreseeable future. It is the present intention of management to utilize available funds, if any, for the development of the Company's business.

ITEM 6.	MANAGEMENT'S DISCUSSION & ANALYSIS OF FINANCIAL

CONDITION & RESULTS OF OPERATIONS

As will be noted from the financial statements, the Company does not have any present revenues, income, or material tangible assets other than $299.00 in cash, which is now under deposit until required. No detailed analysis of operations can be completed until or unless the Company is successful in the development of its software technology.

Plan of Operation

Codatek Corp plans to develop software that code and encode programs and or files. Codatek plans to implement this plan by internal development.

Forward-Looking Statements

When used in this Form 10-K or other filings by the Company with the Securities and Exchange Commission, in the Company's press releases or other public or shareholder communications, or in oral statements made with the approval of an authorized officer of the Company's executive officers, forward sounding words or phrases such as "would be", "will allow", "intends to", "will likely result", "are expected to", "will continue", "is anticipated", "estimate", "project", or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.

The Company cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the date made, and advises readers that forward-looking statements involve various risks and uncertainties and are only reasonable projections of management based upon limited current information. The Company does not undertake, and specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences or unanticipated events or circumstances after the date of such statement.

Year 2000 Compliance

At present, the Company only has access to a desktop PC to maintain its rudimentary accounting and check ledger entries. The Company has had this computer reviewed and has determined that it and its software programs are compatible with the changeover in the year 2000 and should not cause a problem.

The year 2000 (hereafter Y2K) computer compliance problem is primarily based upon the fact that many computers and computer software programs may not be compatible with the year change from 1999 to the year 2000. As a result, many computer programs may fail or lose data as the millennium approaches. The Company has focused its concern on this Y2K problem in three general areas. First, computer programs and related software owned or used by the Company. Secondly, collateral equipment such as potential communication systems and other equipment that relies upon computer based components. Thirdly, Y2K problems which may occur within the industry in which the Company may become involved.

As noted above, the Company has only access and use of a small desktop PC which is Y2K compatible and therefore, does not believe any further review or remedial work required to be Y2K compliant as to its in-house computer systems. The Company is adopting a policy that any computer system purchased will have to be warranted as Y2K compliant to be acquired by the Company.

Since the Company has no equipment which is reliant upon computer based systems, it also has determined that it does not have any problem in the second category, but has adopted a policy that any collateral equipment, such as communication systems, that will have computer components will have to have a warranty or certification that they are Y2K compliant to be purchased or leased by the Company in the event of reorganization.

The Company believes that the foregoing constitutes all reasonable efforts which may be taken and have been taken for Y2K compliance. If necessary the Company will appoint an officer having responsibility for Y2K compliance as part of the Company's due diligence efforts. To date, the Company has not expended any measurable resources on Y2K compliance.

ITEM 7.	FINANCIAL STATEMENTS

See attached audited financial statements.



ITEM 8.	CHANGES IN & DISAGREEMENTS WITH ACCOUNTANTS ON

ACCOUNTING & FINANCIAL DISCLOSURE

The Company is not aware, and has not been advised by its auditors, of any disagreement on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.

PART III

ITEM 9.	DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS & CONTROL

PERSONS, COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE

ACT

The Directors and Officers of the Company are as follows:

Name			Age		Positions and Offices Held

Ian McIntyre		59		President, Secretary, Treasurer and Director

Set forth below are the names of all Directors and Executive Officers of the Company, all positions and offices with the Company held by each such person, the period during which he has served as such, and the business experience of such persons during at least the last five years:

Ian McIntyre, President, Secretary, Treasurer and Director

Mr. McIntyre, sole officer and director, was educated in Toronto, Canada. Mr. McIntyre pursued a career in engineering before getting into computers and video games in 1990. Since 1990 he has been a consultant in the computer game industry before being appointed as President of the company in 2001.



Involvement in Certain Legal Proceedings

None of the director/officers have been involved in any material legal proceedings which occurred within the last five years of any type as described in Regulation S-K.

Compliance With Section 16(a) of the Exchange Act

The Company does not have a class of equity securities registered pursuant to Section 12 of the Exchange Act. As a result, no reports are required to be filed pursuant to Section 16(a).

ITEM 10.	EXECUTIVE COMPENSATION

During the last fiscal year, the Company's officer and director did not receive any salary, wage or other compensation. During the current fiscal year the Company has no present plans or means to pay compensation to its officers and directors.

ITEM 11.	SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS

& MANAGEMENT

The following table sets forth each person known to Codatek Corp., as of December 31, 2001, to be a beneficial owner of five percent (5%) or more of Codatek Corp.'s common stock, by Codatek Corp.'s directors individually, and by all of the Codatek Corp.'s directors and executive officers as a group. Each person has sole voting and investment power with respect to the shares shown.

SECURITY OWNERSHIP OF BENEFICIAL OWNERS

|Title of Class | Name of
Owner | Shares
Beneficially Owned | Percentage
Ownership
|-------------- | ------------- | ------------------------- | --------------------
|Common         | None          | None                      | 0%                  

SECURITY OWNERSHIP OF MANAGEMENT

|Title of Class | Name of
Beneficial Owner | Amount and Nature
of Beneficial Owner | Percent of Class
|-------------- | ------------------------ | ------------------------------------- | ----------------
|Common         | None                     | 0                                     | 0%              

ITEM 12.	CERTAIN RELATIONSHIPS & RELATED TRANSACTIONS

None.

ITEM 13.	EXHIBITS AND REPORTS ON FROM 8-K

(a)	EXHIBITS.

|Exhibit Number | Description               | Location                                                                                                             
|-------------- | ------------------------- | ---------------------------------------------------------------------------------------------------------------------
|3.1            | Articles of Incorporation | Incorporated by reference to Exhibit 3.1 to the Registrant's Form 10-SB Registration Statement filed on March 1, 2001
|3.2            | By-Laws                   | Incorporated by reference to Exhibit 3.2 to the Registrant's Form 10-SB Registration Statement filed on March 1, 2001



(b) REPORTS ON FORM 8-K. No reports on Form 8-K were filed during the year ending December 31, 2001.



































CODATEK CORP.

(A DEVELOPMENT STAGE COMPANY)

FINANCIAL STATEMENTS

DECEMBER 31, 2001 AND DECEMBER 31, 2000







































TABLE OF CONTENTS



|                                                                                   | Page Number
|---------------------------------------------------------------------------------- | -----------
|INDEPENDENT ACCOUNTANT'S REPORT                                                    | 1          
|FINANCIAL STATEMENT                                                                |            
|Balance Sheets                                                                     | 2          
|Statements of Operations and Deficit Accumulated During
     the Development Stage | 3          
|Statement of Changes in Stockholders' Equity                                       | 4          
|Statements of Cash Flows                                                           | 5          
|Notes to the Financial Statements                                                  | 6-7        











































David E. Coffey,		3651 Lindell Road, Suite I, Las Vegas, Nevada 89103
Certified Public Accountant	Phone (702) 871-3979 FAX (702) 871-6769





INDEPENDENT ACCOUNTANT'S REPORT



To the Board of Directors and Stockholders
of Codatek Corp.
Las Vegas, Nevada



I have audited the accompanying balance sheets of Codatek Corp. (a development stage company) as of December 31, 2001 and December 31, 2000 and the related statements of operations, cash flows, and changes in stockholders' equity for the periods then ended, as well as the cumulative period from December 3, 1998 (date of inception) to December 31, 2001. These statements are the responsibility of Codatek Corp.'s management. My responsibility is to express an opinion on these financial statements based on my audit.

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

In my opinion, the accompanying financial statements present fairly, in all material respects, the financial position of Codatek Corp. as of December 31, 2001 and December 31, 2000 and the results of operations, cash flows, and changes in stockholders' equity for the periods then ended, as well as the cumulative period from December 3, 1998. in conformity with generally accepted accounting principles.



David E. Coffey, C. P. A.
Las Vegas, Nevada
April 5, 2002

-1-















CODATEK CORP.
(A DEVELOPMENT STAGE COMPANY)
BALANCE SHEETS

|                                                                                                                                                                                                                                                 |                            | December 31, 2001               | December 31, 2000         
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | -------------------------- | ------------------------------- | --------------------------
|ASSETS                                                                                                                                                                                                                                           |                            |                                 |                           
|Cash                                                                                                                                                                                                                                             |                            | $          299
---------------- | $1,022,378
---------------
|Total Assets                                                                                                                                                                                                                                     | $          299
==========  | $1,022,378 
========           
|LIABILITIES & STOCKHOLDERS' EQUITY                                                                                                                                                                                                               |                            |                                
|Accounts payable                                                                                                                                                                                                                                 | $14,475
--------------     | $    14,400 
---------------   
|Total Liabilities                                                                                                                                                                                                                                | 14,475                     | 14,400                         
|Stockholders' Equity                                                                                                                                                                                                                             |                            |                                
|Common stock, authorized 50,000,000
      shares at $.001 par value, issued and
      outstanding 12,000,000 shares and
      13,000,000 shares, respectively, after
      giving effect to a 60 for 1 stock split
      effective April 7, 2000 | 12,000                     | 13,000                         
|Additional paid-in capital                                                                                                                                                                                                                       | (19,442)                   | 995,600                        
|Deficit accumulated during the development stage                                                                                                                                                                                                 | (6,734)
----------------   | (622)
----------------         
|                                                                                                                                                                                                                                                 | Total Stockholders' Equity | (14,176)                        | 1,007,978                 
|Total Liabilities and Stockholders' Equity                                                                                                                                                                                                       | $        299
=========     | $  1,022,378 
==========       
|                                                                                                                                                                                                                                                 |                            |                                 |                           
|The accompanying notes are an integral part of
these financial statements                                                                                                                                                                        |                           





-2-





CODATEK CORP.
( A DEVELOPMENT STAGE COMPANY )
STATEMENTS OF OPERATIONS AND DEFICIT
ACCUMULATED DURING THE DEVELOPMENT STAGE
( With Cumulative Figures From Inception )

|                                                                                                                                |                    |                          |                   |                                | Year ending December 31,    |                                 | From Inception,
Dec. 3, 1998 to
Dec. 31, 2001
----------------------
|------------------------------------------------------------------------------------------------------------------------------- | ------------------ | ------------------------ | ----------------- | ------------------------------ | --------------------------- | ------------------------------- | --------------------------------------------------------------------
|                                                                                                                                |                    |                          |                   |                                | 2001
---------------------- | 2000
----------------------     |                                                                     
|Interest income                                                                                                                 |                    |                          | $                 | 9,463                          | $                           | 25,425                          | $                                                                   
|Expenses                                                                                                                        |                    |                          |                   |                                |                             |                                 |                                                                     
|Organizational expenses                                                                                                         |                    |                          | 0                 |                                | 0                           |                                 | 400                                                                 
|Consulting                                                                                                                      |                    |                          |                   | 0                              |                             | 0                               |                                                                     
|Service fees                                                                                                                    |                    |                          |                   | 75                             |                             | 0                               |                                                                     
|Administrative fees                                                                                                             |                    |                          | 9,000             |                                | 18,000                      |                                 | 27,000                                                              
|Professional fees                                                                                                               |                    |                          |                   | 6,500 
----------------------- |                             | 5,000 
-----------------------  |                                                                     
|Total expenses                                                                                                                  |                    |                          |                   | 15,575                         |                             | 23,000                          |                                                                     
|Net loss                                                                                                                        |                    |                          |                   |                                | (6,112)                     |                                 | 2,425                                                               
|Retained earnings,
beginning of period                                                                                          |                    |                          |                   | (622)
-----------------------  |                             | (3,047)
----------------------- |                                                                     
|Deficit accumulated during
the development stage                                                                                |                    |                          |                   |                                |                             |                                 |                                                                     
|                                                                                                                                | $                  | (6,734)
============     | $                 | (622)
============             |                             |                                
|Earnings ( loss ) per share,
assuming dilution, after giving
effect to a 60 for 1 stock split
effective April 7, 2000:
Net loss |                    |                          |                   |                                |                             |                                
|                                                                                                                                |                    |                          |                   |                                |                            
|                                                                                                                                |                    |                          |                   |                                |                            
|$                                                                                                                               | 0.00 
============ | $                        | 0.00
============ | $                              | 0.00
============          
|Weighted average shares outstanding                                                                                             |                    |                          |                   |                                |                             |                                 |                                                                     
|                                                                                                                                |                    | 12,166,667 
============ |                   | 9,716,667 
============        |                             | 7,159,459 
============        
|The accompanying notes are an integral part of 
these financial statements.                                                     |                    |                          |                   |                               

-3-



CODATEK CORP.
( A DEVELOPMENT STAGE COMPANY )
STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY
FROM DECEMBER 3, 1998 ( Date of Inception ) TO DECEMBER 31, 2001

|                                                                          |             |                      |         | Common Stock          |         | Additional
Paid-in
Capital
-------------- |             | Deficit
accumulated
during the
development
stage
------------------- |           | Total
----------------     
|------------------------------------------------------------------------- | ----------- | -------------------- | ------- | --------------------- | ------- | ----------------------------------------- | ----------- | -------------------------------------------------------------------- | --------- | ---------------------------
|                                                                          |             |                      |         | Shares
-------------- |         | Amount
------------                       |             |                                                                      |          
|                                                                          |             |                      |         |                       |         |                                           |            
|Balance, December 3, 1998                                                 |             |                      | 0       | $                     | 0       | $                                         | 0           | $                                                                    | 0         | $                          
|Issuance of common stock for
cash, December 31, 1998                      |             |                      |         |                       |         |                                           |             |                                                                      |           |                            
|                                                                          | 100,000     |                      | 100     |                       | 0       |                                           | 0           |                                                                      | 100      
|Less net loss                                                             |             |                      |         | 0
-----------         |         | 0
---------                               |             | 0 
-----------                                                       |           | (400)
---------------      
|Balance, December 31, 1998                                                |             | 100,000              |         | 100                   |         | 0                                         |             | (400)                                                                |           | (300)                      
|Issuance of common stock for cash,
March 23, 1999                         |             |                      |         |                       |         |                                           |             |                                                                      |           |                            
|                                                                          |             | 100,000              |         | 100                   |         | 9,900                                     |             | 0                                                                    |           | 10,000                     
|Less offering costs                                                       |             |                      | 0       |                       | 0       |                                           | (1,500)     |                                                                      | 0         |                            
|Less net loss                                                             |             |                      |         | 0 
-------------      |         | 0
------------                            |             | 0 
--------------                                                    |           | (2,647)
-------------------
|Balance, December 31, 1999                                                |             | 200,000              |         | 200                   |         | 8,400                                     |             | (3,047)                                                              |           | 5,553                      
|Forward stock split 60 for 1,
April 7, 2000                               |             |                      |         |                       |         |                                           |             |                                                                      |           |                            
|                                                                          |             | 11,800,000           |         | 11,800                |         | (11,800)                                  |             | 0                                                                    |           | 0                          
|Issuance of common stock for cash,
May 10, 2000                           |             |                      |         |                       |         |                                           |             |                                                                      |           |                            
|                                                                          | 1,000,000   |                      | 1,000   |                       | 999,000 |                                           | 0           |                                                                      | 1,000,000
|Less net loss                                                             |             |                      |         | 0 
---------------    |         | 0
------------                            |             | 0 
--------------                                                    |           | 2,425 
------------------- 
|Balance, December 31, 2000                                                |             | 13,000,000           |         | 13,000                |         | 995,600                                   |             | (622)                                                                |           | 1,007,978                  
|Rescission of share issuance,
March 2, 2001                               |             |                      |         |                       |         |                                           |             |                                                                      |           |                            
|                                                                          | (1,000,000) |                      | (1,000) | (1,015,042)           |         | 0                                         | (1,016,042)
|Less net loss                                                             |             |                      |         | 0
---------------     |         | 0
------------                            |             | 0 
--------------                                                    |           | (6,112)
-------------------
|Balance, December 31, 2001                                                |             | 12,000,000 
======== | $       | 12,000
=======        | $       | (19,442)
========                         | $           | (6,734)
===========                                                  | $         | (14,176)
========          
|The accompanying notes are an integral part of
these financial statements |             |                      |         |                       |         |                                           |             |                                                                     

-4-

CODATEK CORP.
( A DEVELOPMENT STAGE COMPANY )
STATEMENTS OF CASH FLOWS
( With Cumulative Figures From Inception )

|                                                                                                                    |                     |                                    |                         |                               | Year ending December 31,     |                            | From Inception,
Dec. 3, 1998, to
Dec. 31, 2001
--------------------------
|------------------------------------------------------------------------------------------------------------------- | ------------------- | ---------------------------------- | ----------------------- | ----------------------------- | ---------------------------- | -------------------------- | -------------------------------------------------------------------------
|                                                                                                                    |                     |                                    |                         |                               | 2001
----------------------- |                            | 2000
-----------------------                                             
|CASH FLOWS PROVIDED BY PERATING ACTIVITIES                                                                          |                     |                                    |                         |                              
|Net Income (Loss)                                                                                                   |                     |                                    | $                       | (6,112)                       | $                            | 2,425                      | $                                                                        
|Adjustments to reconcile net loss to 
   cash used by operating activity
   Accounts payable increase
   (decrease) |                     |                                    |                         |                               |                              |                           
|                                                                                                                    | 75 
--------------- |                                    | 13,500 
--------------- |                               | 14,475 
------------------  
|NET CASH PROVIDED BY
        OPERATING ACTIVITIES                                                                   |                     | (6,037)                            |                         | 15,925                        |                              | 7,741                     
|CASH FLOWS USED BY
INVESTING ACTIVITIES                                                                             |                     | 0
---------------                  |                         | 0
---------------             |                              | 0
------------------      
|NET CASH USED BY 
        INVESTING ACTIVITIES                                                                      |                     | 0                                  |                         | 0                             |                              | 0                         
|CASH FLOWS FROM FINANCING ACTIVITIES                                                                                |                     |                                    |                         |                              
|Sale of common stock                                                                                                |                     | 0                                  |                         | 1,000                         |                              | 13,000                    
|Redemption of common stock                                                                                          |                     | (1,000)                            |                         | 0                             |                              | (1,000)                   
|Paid-in capital                                                                                                     |                     |                                    |                         | (1,015,042)                   |                              | 999,000                    |                                                                          
|Less offering costs                                                                                                 |                     | 0 
----------------------          |                         | 0
---------------             |                              | (1,500)
------------------
|NET CASH PROVIDED BY 
        FINANCING ACTIVITIES                                                                  |                     | (1,016,042)
---------------------- |                         | 1,000,000 
---------------    |                              | (7,442)
----------------- 
|NET INCREASE IN CASH                                                                                                |                     | (1,022,079)                        |                         | 1,015,925                     | $                            | 299 
===========          
|CASH AT BEGINNING OF PERIOD                                                                                         |                     | 1,022,378 
----------------------  |                         | 6,453 
---------------------- |                              |                           
|CASH AT END OF PERIOD                                                                                               | $                   | 299 
=========                     | $                       | 1,022,378 
=========          |                              |                           
|The accompanying notes are an integral part of
these financial statements.                                          |                     |                                    |                         |                              



-5-





CODATEK CORP.
( A DEVELOPMENT STAGE COMPANY )
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 2001 AND DECEMBER 31, 2000



NOTE A	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The Company was incorporated on December 3, 1998, under the laws of the State of Nevada. The business purpose of the Company is to engage in the research, design, and development of computer software.

The Company will adopt accounting policies and procedures based upon the nature of future transactions.

NOTE B	OFFERING COSTS

Offering costs incurred in connection with stock offerings are deducted from the net proceeds of the offering.

NOTE C	EARNINGS (LOSS) PER SHARE

Basic EPS is determined using net income divided by the weighted average shares outstanding during the period. Diluted EPS is computed by dividing net income by the weighted average shares outstanding, assuming all dilutive potential common shares were issued. Since the Company has no common shares that are potentially issuable, such as stock options, convertible securities or warrants, basic and diluted EPS are the same.

NOTE D	SALE OF COMMON STOCK

On December 31, 1998 the Company sold 100,000 shares of its common stock at $.001 per share for $100. The proceeds were to be used for working capital.

On March 23, 1999 the Company issued 100,000 shares of its common stock at $.10 per share for $10,000 cash. On May 10, 2000, the Company sold in a private placement 1,000,000 shares of common stock at $1.00 per share for a total of $1,000,000. The net proceeds of the sales will be used to engage in the research, design, and development of computer software.

All of the above shares were issued pursuant to an exemption from 	registration requirements under Section 4(2) of the Securities Act.













- 6 -





CODATEK CORP.
( A DEVELOPMENT STAGE COMPANY )
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 2001 AND DECEMBER 31, 2000
(continued)



NOTE E	STOCK SPLIT

On April 7, 2000, the Company approved a split of it's common stock at a ratio of 60 for 1 at $.001 par value. The 200,000 shares outstanding at $.001 par value increased to 12,000,000 shares at $.001 par value issued and outstanding. The number of shares of common stock authorized was unchanged at 50,000,000 with a par value of $.001 per share.

NOTE F	RESCISSION OF COMMON STOCK ISSUANCE

On March 2, 2001, the Company repurchased and cancelled the 1,000,000 shares of its common stock which had been sold on May 10, 2000, for the amount of $1,016,042, which included $16,042 interest from the date of purchase at 2.1% per annum.



































- 7 -







SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunder duly authorized.

CODATEK CORP.

|Dated:  April 30, 2002 | By: /s/ Ian McIntyre
        Ian McIntyre
|---------------------- | -----------------------------------------

Pursuant to the requirements of the Securities Exchange Act of 1934, this Report has been signed by the following persons on behalf of the Registrant and in the capacities and on the dates indicated:

|Signature                                 | Title                                        | Date          
|----------------------------------------- | -------------------------------------------- | --------------
|By:  /s/Ian McIntyre
        Ian McIntyre | President, Secretary, Treasurer and Director | April 30, 2002