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DSEN SEC Suspension:
http://www.sec.gov/litigation/suspensions/2014/34-72773.pdf
Order:
http://www.sec.gov/litigation/suspensions/2014/34-72773-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2014/34-72774.pdf
Who is this guy?
I'm less 80%. Really great.::))
I think most have caught on to all the large front loader groups that preload and then alert the stock, even money runners is dying.
I do not own shares here, been scammed by this group before
Trying to get everyone to hop onto your front loaded position so you can get out even?
This message has been sent by the moderator of the iHub "Penny Stock Spy" message board.
http://investorshub.advfn.com/boards/board.aspx?board_id=22992
DSEN $0.016 ONLY 21M OS! ALERT! http://www.datascension.com/
L2 THIN PAST A DIME! GONNA EXPLODE HIGH ALERT!
Down -62.5% today. So much for the "Craigsalerts" 500% gainer!!!! LOLLOLOL
Common sense says that: No one in the world would tell anyone else if they knew for a fact that a stock was going to gain with 100% certainty. Think about that. I've been around the block many times.
Another front loaded alert by penny stock millionares
I see some people got sucked in. Do your DD first before you trade
Yip. Maybe RM. Big Volume right now.:))
Reversed merger coming????
This is my guess.
Anyone still in DSEN? Lots of buying in this name lately.
My flagship back in 2005-2006 and got out before it blew up....
I think someone may be interested in this shell company...Cheap with MC below $80K...a good bet???
Pink no information 18k 3mo. avg vol.
Contact Info
532 Pima Canyon Court
Las Vegas, NV 89144
Website: http://www.datascension.com
Phone: 702-233-6785
Update Company Info
Business Description
Financial Reporting/Disclosure
Reporting Status SEC Filer
Audited Financials Unaudited
Latest Report Not Available
Regulatory Agency Not Available
CIK 0000795824
Fiscal Year End 12/31
OTC Market Tier OTC Pink No Information
Profile Data
SIC - Industry Classification 7389 - Business services, misc
Incorporated In: NV, USA
Year of Inc. Not Available
Employees Not Available
Company Officers
Lou Persico President, CEO
Company Directors
Not Available
Company Notes
Formerly=NuTek, Inc. until 2-04
Formerly=Swiss Technique, Inc until 3-95
Note=8-91 State of incorporation Utah changed to Nevada
Service Providers
Auditor/Accountant
Not Available
Legal Counsel
Not Available
Investor Relations Firm
Not Available
DSEN Security Details
Share Structure
Market Value1 $25,689 a/o Sep 21, 2012
Shares Outstanding 21,407,361 a/o Aug 13, 2010
Float Not Available
Authorized Shares Not Available
Par Value 0.001
Shareholders
Shareholders of Record 1,175 a/o Apr 14, 2009
Corporate Actions
Ex. Date Record Date Pay Date
Dividend () Dec 18, 2006 Dec 19, 2006
Dividend (0.00) Dec 18, 2006 Dec 19, 2006
Dividend (0.00) Dec 18, 2006
Security Notes
Capital Change=shs decreased by 1 for 10 split. Pay date=11/05/2004.
Short Selling Data
Short Interest 0 (-100%)
Mar 15, 2012
Significant Failures to Deliver No
Transfer Agent(s)
Transfer OnLine, Inc.
Datascension, Inc. Reports First Quarter Financial Results
May 21, 2009 4:48:00 PM
Email Story Discuss on ZenoBank
View Additional ProfilesLAS VEGAS, May 21 /PRNewswire-FirstCall/ -- Datascension, Inc. (OTC Bulletin Board: DSEN), a premier data solutions provider, today announced financial results for the Company's first quarter ended March 31, 2009.
For the quarter ended March 31, 2009, the Company recorded positive earnings up $75,801 over the prior year period as the Company's turnaround plan gained positive traction. Total net revenues decreased to $3,773,187, from $5,347,987, a decline of approximately 29.4%. Cost of goods sold decreased by $1,359,651, or 30.4%, to $3,106,504 as compared to $4,466,155 during the prior year period. The decrease in revenue and in cost of goods sold was primarily attributable to the current general economic downturn, which has affected the Company's customers resulting in reduced demand for the services provided by the Company.
The Company generated net income of $8,911 for the three months ended March 31, 2009, compared to a net loss of ($66,890) for the three months ended March 31, 2008, an increase in net income of $75,801.
Total selling, general and administrative expenses decreased by $243,520, or 35.8%, to $437,328 for the three months ended March 31, 2009, from $680,848 in the prior year period. The decrease in expenses is due mainly to reductions in executive salaries combined with a reduction in marketing and administrative costs.
Interest expense declined by $61,470, or 29.6%, to $145,945 for the three months ended March 31, 2009, as compared to $207,415 for the three months ended March 31, 2008. The decrease in interest expense was primarily attributable to the pay down of certain notes payable and a favorable interest rate from Wells Fargo Bank on an account purchase agreement to acquire certain accounts receivables of up to $4.5M.
Basic and diluted loss per share was $0.00 for both the quarter ended March 31, 2009, and the quarter ended March 31, 2008. The company reported operational net cash flow of $343,949, as compared to $31,700 in the prior period, a significant increase of $312,249 over the prior year period attributable to the effectiveness of the turnaround plan. As of March 31, 2009, the Company had cash and cash equivalents of $324,750.
"The first quarter of 2009 was a defining moment for Datascension," stated new CEO, Lou Persico, who became CEO and Chairman of the Board on December 31, 2008. "In a recessionary environment, impacting every sector of the economy, we delivered positive net earnings for the first time in the Company's public history. We took deliberate, methodical and disciplined steps to reduce our overall operating and fixed costs to achieve profitability, which resulted in a smaller but profitable Datascension, Inc."
Despite the difficult economy, we are continuing to monitor our business to assure that we give our customers the excellent service they deserve, but at the same time continue to incorporate cost-cutting measures in order to become the lowest cost provider and to maintain our competitive edge in the marketplace. By driving cost down we are managing operations more efficiently, leading to improved revenue per hour. The objective is to generate a profit on each project we undertake. On balance, we continue to review all infrastructure cost associated with our business in order to remain profitable in 2009.
"We are running Datascension for the long term," Persico said.
We are investing in growth, while lowering cost and generating cash. We see great opportunity in a global economy to continue to improve efficiencies and shrink cost as well as continue to expand into adjacent businesses.
ABOUT DATASCENSION, INC.
Datascension, Inc. a premier data solutions company and business process outsourcing provider with operations in California and Costa Rica, embodies a unique expertise in the collection, storage and processing of marketing data. Employing hundreds of bilingual professionals, the company is rapidly becoming one of the largest Spanish-speaking call centers. The company's commitment to customer service, quality and on-time project management has fostered its excellent reputation among major market research firms and corporate market research departments. Datascension is positioning itself to be the forerunner in the fields of Inbound call center services and Outbound Market Research.
For additional information, please visit the Company's website at www.datascension.com.
Safe Harbor Statement
This press release and other written reports and oral statements made from time to time by the Company may contain so-called "forward-looking statements," all of which are subject to risks and uncertainties. You can identify these forward-looking statements by their use of words such as "expects," "plans," "will," "estimates," "forecasts," "projects" and other words of similar meaning. You can identify them by the fact that they do not relate strictly to historical or current facts. These statements are likely to address the Company's growth strategy, financial results and product and development programs. You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially.
The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings, the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.
SOURCE Datascension, Inc.
----------------------------------------------
David Lieberman of Datascension
Inc.
+1-702-233-6785
david.lieberman@datascension.com
Is anyone following this stock! Its come down a lot but now likes like it may be a great buy!
Does anyone know who the main market maker is for this company?
Datascension, Inc. Reports July 2006 Results
Monday August 21, 9:00 am ET
Announces Record Sales and Earnings
Reports New Facility to Open on Schedule
BREA, Calif.--(BUSINESS WIRE)--Aug. 21, 2006--Datascension, Inc., (OTCBB:DSEN - News), a premier data solutions company, today announced another record month, realizing sales of approximately $1,356,000 during July 2006. The increase in sales was directly attributed to increased production hours from its existing client base.
Furthermore, the Company experienced a gross profit of $425,989 or 31% bringing the company's YTD gross margin to approximately 25%.
Scott Kincer, Datascension's President and CEO, stated, "The Company continues to measurably improve on its sales and general operational efficiencies resulting in significant cash generation for the company. We are pleased to be maximizing our current infrastructure and look forward to pursuing even greater success once our new facility is completed."
Commenting on the status of the new facility, Joey Harmon, Datascension's Vice President, stated, "We are happy to update our employees, clients and shareholders that the new facility is still on pace to be completed and occupied by our original target date of November 1, 2006. The new facility will generate immediate opportunity for Datascension to provide both new and existing clients significant capacity."
Scott Kincer concluded by commenting, "We are pleased that we have already achieved approximately 81% of last year's sales by the end of July and, more importantly, significantly improved on gross margins and cash generation creating a great deal of stability and opportunity for our future."
About Datascension
Datascension, Inc. is engaged in the collection, storage and processing of data and conducting outsourced market research with operations in California, Costa Rica and the Dominican Republic. Datascension is rapidly becoming one of the largest Spanish-speaking call centers in the world. The Company's commitment to customer service, quality and on-time project management has fostered its world-class reputation among major market research firms and corporate market research departments.
For further information: www.datascension.com
Statements about Datascension's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995.
Contact:
Datascension, Inc.
Jim Stock, 702-274-5400
jim.stock@datascension.com
Source: Datascension, Inc.
Datascension Reports First Half 2006 Results
Thursday August 10, 9:00 am ET
Revenues at $6.6M Improving 46% from 2005
SAN JOSE, Costa Rica--(BUSINESS WIRE)--Aug. 10, 2006--Datascension, Inc. (OTCBB: DSEN - News), a premier data solutions company, today announced record revenue figures, having booked approximately $6,609,997 for the first six months of 2006. This compares to $4,498,557 for the same period in 2005, representing a year-over-year increase of 46.94% in revenue.
Scott Kincer, the company's president and CEO, stated, "We are quite proud to make this announcement today. Our sales for the first six months of the year were almost 68% of the entire 2005 year and our gross profit was almost 75% of full year 2005. Gross margins are approximately 23.5% for the first six months of 2006, whereas for 2005, they were 21.7%. This represents an 8.2% increase in margins, which we attribute to our improved efficiencies of operations. While the increased non-cash expenses associated from our recent funding will effect the accounting net income, our management is pleased with the increase in efficiencies and revenue the company has attained."
About Datascension
Datascension Inc. is engaged in the collection, storage and processing of data, and conducting outsourced market research with operations in California, Costa Rica and the Dominican Republic. Datascension is rapidly becoming one of the largest Spanish-speaking call centers in the world. The company's commitment to customer service, quality and on-time project management has fostered its world-class reputation among major market research firms and corporate market research departments.
For further information: www.datascension.com
SAFE HARBOR REGARDING FORWARD-LOOKING STATEMENTS:
Statements about Datascension's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. Datascension's actual results could differ materially from expected results. Datascension undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release; Datascension will appropriately inform the public.
Contact:
Datascension, Inc.
Jim Stock, 702-274-5400
jim.stock@datascension.com
Source: Datascension, Inc.
Datascension Inc. Reports May 2006 Results
Monday June 19, 9:00 am ET
Announces Another Record Month
Revenues Year-over-Year Increased 40%
BREA, Calif.--(BUSINESS WIRE)--June 19, 2006--Datascension Inc. (OTCBB: DSEN - News), a premier data solutions company, today announced another record month, having booked approximately $1,240,000 during May 2006. This compares to approximately $885,000 for May 2005, representing a year-over-year increase of 40% in revenue.
Scott Kincer, the company's president and CEO, stated, "We are extremely proud to make this announcement today. Our operational income came in at about $160,000, compared to May 2005's results of about $40,000. This is a 300% increase, and while these results do not include the costs from our funding and convertible debt issuances, it definitely shows that the processes which have been implemented are making a huge impact on the profitability of the company."
Commenting on the month's results, Joey Harmon, Datascension's vice president, stated, "The fact that the company has been able to increase its year over year sales by approximately 40%, while its income from operations has increased almost four times, reflects the success of our strategic growth plan. We plan to ultimately have our infrastructure capable of handling up to $30 million of annual revenue. We foresee continued momentum into the balance of the year."
About Datascension
Datascension Inc. is engaged in the collection, storage and processing of data, and conducting outsourced market research with operations in California, Costa Rica and the Dominican Republic. Datascension is rapidly becoming one of the largest Spanish-speaking call centers in the world. The company's commitment to customer service, quality and on-time project management has fostered its world-class reputation among major market research firms and corporate market research departments.
For further information: www.datascension.com
Forward-Looking Statements
Statements about Datascension's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. Datascension's actual results could differ materially from expected results. Should events occur which materially affect any comments made within this press release, Datascension will appropriately inform the public.
Contact:
Datascension Inc.
Jim Stock, 702-274-5400
E-mail: jim.stock@datascension.com
Source: Datascension Inc.
Good Morning Doubloon
That is good News,
Just received a call froma friend that I should put this on the radar screen.Nice Find
Datascension Inc. Announces Record Contract Valued at Approximately $7 Million over Two Years
Tuesday May 23, 9:00 am ET
Company Continues Its Strategic Growth with the Largest Research Companies in the World
BREA, Calif.--(BUSINESS WIRE)--May 23, 2006--Datascension Inc. (OTCBB: DSEN - News), a premier data solutions company today, announced a record-breaking contract valued at approximately $7 million over the next two years. The contract, which took effect May 5, 2006, contains a renewal clause beyond the initial two-year term, based on the company's performance.
ADVERTISEMENT
The company will be performing quantitative research into North America from its Costa Rica facility. The client, among the largest research companies in the world, is also considering the utilization of Datascension's bilingual capabilities and expertise into other parts of the world.
Scott Kincer, the company's president and CEO, stated, "We are extremely proud to make this announcement today, as this particular client has been working with us for several months assessing our ability to provide large quantitative research, and demanding the highest of quality standards. During the assessment period, the company handled over 50,000 production hours. The contract, requiring over 450,000 production hours, is a referendum on our capabilities, and we are encouraged to be working with such a valued client."
In addition to the outbound market research contract, the client has initiated a test of Datascension's programming capabilities. The company is hopeful that the results of that assessment will parallel the success obtained on the quantitative research, which could result in a significant increase in revenue for the company.
Commenting on the event, Joey Harmon, the company's vice president, stated, "We are pleased to have entered into a contract that enables us to begin to take full advantage of the current infrastructure expansion underway in Costa Rica. This contract, coupled with the current demand of many other clients, confirms the success of our strategic growth plan to steadily maximize the new facilities infrastructure, ultimately capable of handling up to $30 million of annual revenue."
Kincer concluded by stating, "There is a great deal of excitement within the company as we begin to see our collective objectives of creating real shareholder value, building a world-class call center for our clients and employees, and reaching record sales and earnings come to fruition. We intend to leverage that excitement to continue the momentum we are presently experiencing."
About Datascension
Datascension Inc. is engaged in the collection, storage and processing of data, and conducting outsourced market research with operations in California, Costa Rica and the Dominican Republic. Datascension is rapidly becoming one of the largest Spanish-speaking call centers in the world. The company's commitment to customer service, quality and on-time project management has fostered its world-class reputation among major market research firms and corporate market research departments.
For further information: www.datascension.com
Forward-Looking Statements
Statements about Datascension's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. Datascension's actual results could differ materially from expected results. Datascension undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release, Datascension will appropriately inform the public.
Contact:
Datascension Inc.
Jim Stock, 702-274-5400
E-mail: jim.stock@datascension.com
--------------------------------------------------------------------------------
Source: Datascension Inc.
This is really an undiscovered jem.
Datascension, Inc. Announces Substantial Increase in Year to Year Comparisons for April; Company Posting 42% Cumulative Revenue Increase for 2006 over 2005
BREA, Calif.--(BUSINESS WIRE)--May 10, 2006--Datascension, Inc., (OTCBB: DSEN) a premier data solutions company, today announced its unaudited sales revenue for April, 2006. The Company's April sales were approximately $957,000. This represents a 25% increase compared to April, 2005.
The Company is currently running a cumulative 42% increase in revenues for the first four months of the year over 2005 sales figures during the same time period.
Commenting on the success, Joey Harmon, Datascension's V.P., stated, "The Company continues to broaden its client base and increase its production hours across our core competencies. As a result, we are experiencing unprecedented growth. We are anxious to complete the recently announced construction of our new state-of-the-art call center to enable the acceleration of our growth due to increased demand for our services."
The Company's revenue success is having a meaningful impact on the bottom line. The Company foresees April becoming the sixth straight month the Company has reached profitability. With over $4 million in sales during the first four month's of the year and corporate overhead that is remaining fairly stagnant, the Company has created a foundation of solid profitability we believe will continue through the balance of the year. Presently, profit margins are running approximately 7%, a major improvement over the losses for the comparable period in 2005.
Stay up-to-date with current events by joining Datascension's E-Mail Alert List. Join by clicking this link:
http://www.b2i.us/irpass.asp?BzID=1398&to=ea&Nav=1&S=0&L=1
About Datascension
Datascension, Inc. is engaged in the collection, storage and processing of data and conducting outsourced market research with operations in California, Costa Rica and the Dominican Republic. Datascension is rapidly becoming one of the largest Spanish-speaking call centers in the world. The Company's commitment to customer service, quality and on-time project management has fostered its world-class reputation among major market research firms and corporate market research departments.
For further information: www.datascension.com
SAFE HARBOR REGARDING FORWARD-LOOKING STATEMENTS:
Statements about Datascension's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. Datascension's actual results could differ materially from expected results. Datascension undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release; Datascension will appropriately inform the public.
For more information on Datascension, please contact:
Gerald Kieft or Ryan Audin
Wall Street Resources, Inc.
2646 SW Mapp Road, Suite 303
Palm City, Florida 34990
Tel: 772-219-7525
www.wallstreetresources.net
Contact:
Datascension, Inc.
Jim Stock, 702-274-5400
jim.stock@datascension.com
You rarely find a value stock in the pennies but this is it. Bought last week and am holding until it is discovered.
Datascension, Inc. Announces Initiation of its New State-of-the-Art Facility in Costa Rica
Wednesday May 3, 9:00 am ET
Company Further Commits to Double Capacity in its Dominican Republic Facility
Facilities Expansion Expected to Increase Company's Capacity by Over 200% with Revenue Potential of Approximately $30,000,000
BREA, Calif.--(BUSINESS WIRE)--May 3, 2006--Datascension, Inc., (OTCBB: DSEN - News), a premier data solutions company, is pleased to announce commencement of its new state-of-the-art facility in San Jose, Costa Rica. The Company has signed a long term lease on over 43,000 square feet of premier space directly across the street from the largest University in the country, a consistent source of professional bi-lingual recruitment for the Company.
The company intends to build approximately 700 new interviewing, training and management support stations. Each station will be equipped with leading technology both in terms of hardware and industry leading software. Furthermore, the company intends to lead the way in terms of employee benefits with the intent to build a large day care center, doctor and dentist office, chapel, internet cafe and laundry mat within the facilities. These employee benefits are designed to attract long term employees to the Company and to significantly reduce annual turnover thereby increasing efficiency and profitability.
Scott Kincer, President and CEO, stated, "We wish to extend a sincere thanks to our employees and clients for their patience and support. We trust that the new facility, with its associated benefits, will enable us to keep the incredible staff we have and to continue to hire the best qualified resources in the country."
Upon completion, the Company will be able to support as much as 200% more production hours than currently being produced. When fully implemented and fully staffed, the Company will have the infrastructure to generate approximately $30,000,000 of annual revenue. The move will be done in stages with the ultimate goal of having all the Company's Costa Rica office transitioned no later than November 1, 2006.
In other developments, the Company announces its intent to not only continue with its Dominican Republic facility but to increase the number of working stations from 100 to 200 over the balance of the year. The Dominican facility enables the Company to offer redundant sites for its clients. There are also certain projects that have proved to be more successful when handled by the skill set available in the Dominican Republic and we will continue to leverage those opportunities.
About Datascension
Datascension, Inc. (www.datascension.com) is engaged in the collection, storage and processing of data and conducting outsourced market research with operations in California, Costa Rica and the Dominican Republic. Datascension is rapidly becoming one of the largest Spanish-speaking call centers in the world. The Company's commitment to customer service, quality and on-time project management has fostered its world-class reputation among major market research firms and corporate market research departments.
Stay up-to-date with current events by joining Datascension's E-Mail Alert List. Join by clicking this link:
http://www.b2i.us/irpass.asp?BzID=1398&to=ea&Nav=1&S=0&L=1
Statements about Datascension's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995.
For more information on Datascension, contact:
Gerald Kieft
Ryan Audin
Wall Street Resources, Inc.
2646 SW Mapp Road, Suite 303
Palm City, Florida 34990
772-219-7525
www.wallstreetresources.net
Contact:
Datascension, Inc.
Jim Stock, 702-274-5400
jim.stock@datascension.com
--------------------------------------------------------------------------------
Source: Datascension, Inc.
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