Exhibit 99.2


Nutek Inc.
6330 McLeod Drive, Suite 1
Las Vegas, NV 89120


                               December 24, 2003

Jennifer A. Fainer
The Nasdaq Stock Market
Dividend Department
VIA FAX: 203-385-6381

Dear Ms. Fainer,

Below is  the  requested  information regarding  the planned  dividend to Nutek
Inc.'s shareholders.

      1.  Record Date:   Thursday, January 8, 2004

      2.  Payment Date:  Our  intention  is  to  begin  processing  and mailing
      shares to our shareholders within 10 business days from the record  date.
      The shares will be mailed to the beneficial owners of record according to
      our transfer agent.  The shareholders are not required to do anything  in
      order to receive their shares.

      3.  Ratio of the distribution:  500:1  For every 500 shares of Nutek Inc.
      the shareholder owns, they will receive 1 share of Nutek Inc.'s ownership
      in  Nutek  Oil  Inc.  (Pinksheet:  NUTO).   Fractional shares will not be
      issued.

      4.  Nutek Oil is a public company whose shares  are  registered  with the
      SEC; however the dividend shares will be from a control person /affiliate
      and are  going  to be issued as restricted shares  under  rule  144.  The
      shares given are the  remaining portion  of stock  held  by Nutek Inc. of
      Nutek Oil Inc. (Pinksheets: NUTO).

      5. We are not waiting  for  effectiveness  from  the  SEC  related to the
      shares of this Company, as it is currently a publicly traded stock.

      6.  Transfer Agent:Sally Flaucher, Transfer Online, 503-227-2950

      7.  Date shares put in the mail:  The transfer agent is planning on
      putting the shares in the mail during the week of January 26th.

      8.   Explain who the transfer agent is going to mail shares  to  and  why
      DTC  or  a  broker dealer can't get dividend shares:   The transfer agent
      will mail the  shares  directly  to  the  shareholders in the name of the
      beneficial shareholder.  The board of directors  has  determined it is in
      the Company's and the bona fide shareholders' best interests to only mail
      certificates to the beneficial owners, and not to the brokers  or  to the
      DTC.   Accordingly,  brokers must submit their beneficial owner lists  to
      the transfer agent within five (5) business days after the Record Date to
      enable the transfer agent to process the Dividend certificates.

Additionally, the shares certificates will additionally have the following
legend on them:

  The shares represented  by  this certificate are subject to stop-transfer
  orders by the Company to Transfer  Online,  the Company's transfer agent,
  and are NOT transferable unless and until such  stop-transfer  orders are
  removed  by the Company, which shall be done (if at all) in the Company's
  sole discretion.   The  Company will notify the registered holder of this
  certificate upon any such removal.

Please contact me if you have any  questions  related  to  this  matter or need
further information.

Best regards,
Nutek Inc.



Jason F. Griffith, CPA
Chief Financial Officer