UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
SEC FILE NUMBER 000-29087
NOTIFICATION OF LATE FILING
(Check One)
[X] Form 10-K, [ ] Form 20-F, [ ] Form 11-K, [ ] 10-q
[ ] Form N-SAR
For Period Ended: December 31, 2004
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: ____________________
Nothing in this Form shall be construed to imply that the Commission has
verified any information contained herein.
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If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates: N/A
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Part I - Registrant Information
DATASCENSION, INC.
(Full Name of Registrant)
(Former Name if Applicable)
6330 MCLEOD DRIVE, SUITE 1
(Address of U.S. Principal Executive Office) (Street & Number)
LAS VEGAS, NV 89120
(City, State and Zip Code)
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Part II - Rules 12b-25(b) and (c)
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following
should be completed. (Check Box if appropriate)
[ ] (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
[X] (b) The subject annual report portion thereof will be filed on or before
the fifteenth calendar day following the prescribed due date; or the subject
quarterly report portion thereof will be filed on or before the fifth calendar
day following the prescribed due date; and
[ ] (c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
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Part III - Narrative
The Registrant is unable to file its annual report on Form 10-KSB
within the prescribed time period because the Company has experienced some
difficulty in compiling its financial records to complete the preparation of
the audited financial statements for the relevant fiscal year.
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Part IV - Other Information
(1) Name and telephone number of persons to contact in regard to this
notification:
MURRAY CONRADIE - (702) 262-2061
(2) Have all other periodic report required under Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months (or for such
shorter period than the registrant was required to file such report(s)) been
filed? [X]Yes [ ] No If answer is no, identify report(s).
(3) Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be reflected by the
earning statements to be included in the subject report or portion thereof? [X]
Yes [ ] No
If so: attach an explanation of the anticipated change, both narratively and
quantitatively, and, if applicable, state the reasons why a reasonable estimate
of the result can not be made.
Pursuant to management's plan to write down and impair the assets related to
the non-operational entities, the value of this impairment, along with the
additional expenses related to the recent funding (inclusive of compensation
expenses and beneficial conversion feature accruals), management and our
auditors are researching the correct treatment and values to be assigned for
these transactions.
DATASCENSION, INC.
(Name of Registrant as specified in charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: March 31, 2005 By: /s/ Murray Conradie
Murray Conradie, President
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ATTENTION
INTENTIONAL MISSTATEMENTS OR OMISSION OF FACT CONSTITUTE FEDERAL CRIMINAL
VIOLATIONS (See 18 U.S.C.1001).
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