UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                   FORM 10-QSB

(Mark One)

[X]      QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
         ACT OF 1934
         For the quarterly period ended DECEMBER 31, 2003

[ ]      TRANSITION REPORT UNDER SECTION 13 OR 15 (d) OF THE EXCHANGE ACT
         For the transition period from ________ to ___________

                        Commission file number: 000-50077

                              LINK PLUS CORPORATION
        (Exact name of small business issuer as specified in its charter)

           DELAWARE                                       52-1018174
(State or other jurisdiction of                (IRS Employer Identification No.)
 incorporation or organization)

                     6996 COLUMBIA GATEWAY DRIVE; SUITE 104
                               COLUMBIA, MD 21046
                    (Address of principal executive offices)

                                 (410) 953-7177
                           (Issuer's telephone number)

                                 NOT APPLICABLE
              (Former name, former address and former fiscal year,
                         if changed since last report)

Check whether the issuer(1) filed all reports required to be filed by Section 13
or 15(d) of the Exchange Act 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 [ ] No [X]

         The issuer had 20,282,520 shares of its common stock outstanding as of
February 10, 2004.

<PAGE>

                              LINK PLUS CORPORATION
                              INDEX TO FORM 10-QSB

                FOR THE QUARTERLY PERIOD ENDED DECEMBER 31, 2003


                         PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements (Unaudited)

         Condensed Consolidated Balance Sheets:
                  December 31, 2003 and March 31, 2003

         Condensed Consolidated Statements of Losses:
                  For the three and nine months ended December 31, 2003 and 2002

         Condensed Consolidated Statements of Cash Flows:
                  For the nine months ended December 31, 2003 and 2002

         Notes to Unaudited Condensed Consolidated Financial Information

Item 2.  Management's Discussion and Analysis or Plan of Operation

Item 3.  Controls and Procedures

                           PART II - OTHER INFORMATION

Item 1.  Legal Proceedings

Item 2.  Changes in Securities

Item 3.  Defaults Upon Senior Securities

Item 4.  Submission of Matters to a Vote of Security Holders

Item 5.  Other Information

Item 6.  Exhibits and Reports on Form 8-K

                                   SIGNATURES

<PAGE>
                              LINK PLUS CORPORATION
                      CONDENSED CONSOLIDATED BALANCE SHEETS
<TABLE>
<CAPTION>
                                                         December 31, 2003    March 31, 2003
                                                         -----------------    --------------
                                                             (UNAUDITED)         (AUDITED)
<S>                                                          <C>              <C>
 ASSETS
 Current Assets:
 Cash and cash equivalents                                   $        433     $         --
                                                             ------------     ------------
 Total Current Assets                                                 433               --

 Property, Plant and Equipment, net of accumulated
 depreciation of $488,672 and $487,842 at
 December 31, 2003 and March 31, 2003                               1,860            2,690

 Other Assets:
 Deposits                                                           6,819               --
                                                             ------------     ------------
 Total Assets                                                $      9,112     $      2,690
                                                             ============     ============
 LIABILITIES AND DEFICIENCY IN STOCKHOLDERS' EQUITY

 Current Liabilities:
 Accounts payable                                            $    663,014     $    622,078
 Accrued liabilities                                            1,326,040          996,070
 Notes payable - current portion                                  349,588          330,838
                                                             ------------     ------------
 Total Current Liabilities                                      2,338,642        1,948,986

 Deferred revenue                                                 200,000          200,000

 Commitments and contingencies                                         --               --

 Deficiency in Stockholders' Equity:
 Common Stock, par value $.005 per share;
 50,000,000 shares authorized;
 20,282,520 and 20,194,269 shares issued and
 outstanding at December 31, 2003 and
 March 31, 2003, respectively                                     101,413          100,971
 Additional paid-in-capital                                    10,909,126       10,745,066
 Accumulated deficit                                          (13,540,069)     (12,992,333)
                                                             ------------     ------------
                                                               (2,529,530)      (2,146,296)
                                                             ------------     ------------
 Total Liabilities and Deficiency in Stockholders' Equity    $      9,112     $      2,690
                                                             ============     ============
</TABLE>
                See accompanying notes to the unaudited condensed
                       consolidated financial information

<PAGE>

                              LINK PLUS CORPORATION
                   CONDENSED CONSOLIDATED STATEMENTS OF LOSSES
                                   (UNAUDITED)
<TABLE>
<CAPTION>
                                    For The Three Months Ended        For The Nine Months Ended
                                           December 31,                       December 31,
                                   -----------------------------     -----------------------------
                                       2003             2002             2003             2002
                                   ------------     ------------     ------------     ------------
<S>                                <C>              <C>              <C>              <C>
Revenues:
    Product sales                  $         --     $         --     $         --     $         --

    Royalty sales                            --           14,107               --           31,581
                                   ------------     ------------     ------------     ------------

                                             --           14,107               --           31,581
Operating Expenses:
Selling, general and
administrative                          205,183          237,622          515,217        1,064,637

Depreciation                                277              276              830              352
                                   ------------     ------------     ------------     ------------

Total Operating Expense                 205,460          237,898          516,047        1,064,989


LOSS FROM OPERATIONS                   (205,460)        (223,791)        (516,047)      (1,033,408)


Interest income (expense)                (8,298)         (13,690)         (31,689)         (45,648)
                                   ------------     ------------     ------------     ------------


Net loss before income taxes           (213,758)        (237,481)        (547,736)      (1,079,056)


Income (taxes) benefit                       --               --               --               --
                                   ------------     ------------     ------------     ------------
NET LOSS                           $   (213,758)    $   (237,481)    $   (547,736)    $ (1,079,056)
                                   ============     ============     ============     ============

Loss Per Common Share
(Basic and Assuming Dilution)      $      (0.06)    $      (0.01)    $      (0.01)    $      (0.03)
                                   ============     ============     ============     ============

Weighted Average Shares
Outstanding (Basic and Diluted)      20,282,520       19,776,105       20,235,501       18,507,899
</TABLE>

               See accompanying notes to the unaudited condensed
                       consolidated financial information

<PAGE>
                              LINK PLUS CORPORATION
                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)
<TABLE>
<CAPTION>
                                                                  For The Nine Months Ended
                                                                          December 31,
                                                                 ---------------------------
                                                                     2003            2002
                                                                 -----------     -----------
<S>                                                              <C>             <C>
Cash flows from operating activities:
Net loss                                                         $  (547,736)    $(1,079,056)
Adjustments to reconcile net loss
to net cash (used in) operating activities:

Depreciation                                                             830             352
Common stock issued in exchange for
services and compensations                                           152,502         915,298

Common stock issued for loan incentive                                    --          20,000
(Increase) decrease in:

Other assets                                                          (6,819)             --

Accounts payable and accrued expenses                                370,906        (100,829)
                                                                 -----------     -----------

Net cash (used in) operating activities                              (30,317)       (244,235)

Cash flows from investing activities:

Capital expenditures                                                      --          (3,319)
                                                                 -----------     -----------

Net cash (used in) investing activities                                   --          (3,319)

Cash flows from financing activities:

Proceeds from issuance of common stock                                12,000         121,020

Proceeds from common stock subscribed                                     --          96,766

Proceeds from notes payable, net of repayments                        18,750          29,847
                                                                 -----------     -----------

Net cash provided by financing activities                             30,750         247,633


Net increase (decrease) in cash and cash equivalents                     433              79

Cash and cash equivalents at beginning of period                          --              --
                                                                 -----------     -----------
Cash and cash equivalents at end of period                       $       433     $        79
                                                                 ===========     ===========

Supplemental Disclosures of Cash Flow Information:
Cash paid during period for interest                             $        --     $        --

Cash paid during period for income taxes                                  --              --

Common stock issued in exchange for services and compensation        152,502         915,298

Common stock issued for loan incentive                                    --          20,000

Common stock issued in exchange for debt and accrued interest             --          77,334

Common stock issued in exchange for inventory                             --         338,718
</TABLE>

                See accompanying notes to the unaudited condensed
                       consolidated financial information

<PAGE>

                              LINK PLUS CORPORATION
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                DECEMBER 31, 2003
                                   (UNAUDITED)

NOTE A - SUMMARY OF ACCOUNTING POLICIES

General
-------

The accompanying unaudited condensed financial statements have been prepared in
accordance with the instructions to Form 10-QSB, and therefore, do not include
all the information necessary for a fair presentation of financial position,
results of operations and cash flows in conformity with accounting principles
generally accepted in the United States of America for a complete set of
financial statements.

In the opinion of management, all adjustments (consisting of normal recurring
accruals) considered necessary for a fair presentation have been included. The
results from developmental stage operations for the nine-month period ended
December 30, 2003 are not necessarily indicative of the results that may be
expected for the year ended March 31, 2004. The unaudited condensed consolidated
financial statements should be read in conjunction with the March 31, 2003
financial statements and footnotes thereto included in the Company's Securities
and Exchange Commission Form 10-KSB.

Business and Basis of Presentation
----------------------------------

Link Plus Corporation (the "Company"), was incorporated under the laws of the
State of Delaware and is a developer and seller of communication equipment and
communication enhancement products.

The consolidated financial statements include the accounts of the Company and
its wholly owned subsidiary, Link Plus International, Inc. All significant
intercompany transactions and balances have been eliminated in the consolidated
financial statements.

Reclassification
----------------

Certain reclassifications have been made to conform to prior periods' data to
the current presentation. These reclassifications had no effect on reported
losses.

Stock Based Compensation
------------------------

In December 2002, the FASB issued SFAS No. 148, "Accounting for Stock-Based
Compensation-Transition and Disclosure-an amendment of SFAS 123." This statement
amends SFAS No. 123, "Accounting for Stock-Based Compensation," to provide
alternative methods of transition for a voluntary change to the fair value based
method of accounting for stock-based employee compensation. In addition, this
statement amends the disclosure requirements of SFAS No. 123 to require
prominent disclosures in both annual and interim financial statements about the
method of accounting for stock-based employee compensation and the effect of the
method used on reported results. The Company has chosen to continue to account
for stock-based compensation using the intrinsic value method prescribed in APB
Opinion No. 25 and related interpretations. Accordingly, compensation expense
for stock options is measured as the excess, if any, of the fair market value of
the Company's stock at the date of the grant over the exercise price of the
related option. The Company has adopted the annual disclosure provisions of SFAS
No. 148 in its financial reports for the year ended March 31, 2003 and adopted
the interim disclosure provisions for its financial reports for the subsequent
periods.

<PAGE>

                              LINK PLUS CORPORATION
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                DECEMBER 31, 2003
                                   (UNAUDITED)

NOTE A - SUMMARY OF ACCOUNTING POLICIES

Stock Based Compensation (Continued)
------------------------------------

Had compensation costs for the Company's stock options been determined based on
the fair value at the grant dates for the awards, the Company's net loss and
losses per share would have been as follows:
<TABLE>
<CAPTION>
                                                     For The Three Months Ended      For The Nine Months Ended
                                                            December 31,                   December 31,
                                                     ---------------------------     ---------------------------
                                                         2003            2002           2003            2002
                                                     -----------     -----------     -----------     -----------
<S>                                                  <C>             <C>             <C>             <C>
Net loss - as reported                               $  (213,758)    $  (237,481)    $  (547,736)    $(1,079,056)
Add: Total stock based employee compensation
expense as reported under intrinsic value method              --              --              --              --
(APB. No. 25)
Deduct: Total stock based employee compensation
expense as reported under fair value based method
(SFAS No. 123)                                                --              --              --              --
                                                     -----------     -----------     -----------     -----------
Net loss - Pro Forma                                 $  (213,758)    $  (237,481)    $  (547,736)    $(1,079,056)
Net loss attributable to common stockholders -
Pro forma                                            $  (213,758)    $  (237,481)    $  (547,736)    $(1,079,056)
Basic (and assuming dilution) loss per share -
as reported                                          $     (0.01)    $     (0.01)    $     (0.03)    $     (0.06)
Basic (and assuming dilution) loss per share -
Pro forma                                            $     (0.01)    $     (0.01)    $     (0.03)    $     (0.06)
</TABLE>

New Accounting Pronouncements
-----------------------------

In December 2003, the FASB issued SFAS No. 132 (revised), EMPLOYERS' DISCLOSURES
ABOUT PENSIONS AND OTHER POSTRETIREMENT BENEFITS - AN AMENDMENT OF FASB
STATEMENTS NO. 87, 88, AND 106. This statement retains the disclosure
requirements contained in FASB statement no. 132, Employers' Disclosures about
Pensions and Other Postretirement Benefits, which it replaces. It requires
additional disclosures to those in the original statement 132 about the assets,
obligations, cash flows, and net periodic benefit cost of defined benefit
pension plans and other defined benefit postretirement plans. The required
information should be provided separately for pension plans and for other
postretirement benefit plans. The revision applies for the first fiscal or
annual interim period ending after December 15, 2003 for domestic pension plans
and June 15, 2004 for foreign pension plans and requires certain new disclosures
related to such plans. The adoption of this statement will not have a material
impact on the Company's results of operations or financial positions.

NOTE B - CAPITAL STOCK

The Company is authorized to issue 50,000,000 shares of common stock with $0.005
par value per share. As of December 31, 2003, the Company has issued and
outstanding 20,282,520 shares of common stock.

On October 1, 2002, the Company declared a 2-for-1 stock split on its common
stock. All common stock share information has been adjusted retroactively in the
accompanying consolidated financial statements for all periods presented.


<PAGE>

                              LINK PLUS CORPORATION
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                DECEMBER 31, 2003
                                   (UNAUDITED)

NOTE B - CAPITAL STOCK (CONTINUED)

For the period ended December 31, 2003, the Company issued an aggregate of
76,251 shares of the Company's common stock to employee and members of the
Company's Board of Directors in exchange for services provided to the Company.
The Company valued the shares issued at $152,502, which approximated the fair
value of the shares issued during the period the services were rendered. The
compensation costs charged to income during the period ended December 31, 2003
were $152,502. Additionally, the Company issued 12,000 shares of common stock to
accredited investors in exchange for $12,000, net of costs and fees.

NOTE C - STOCK OPTIONS AND WARRANTS

Options
-------

The following table summarizes the changes in options outstanding and the
related prices for the shares of the Company's common stock issued to
shareholders and employees at December 31, 2003.
<TABLE>
<CAPTION>
                     Options Outstanding                                  Options Exercisable
                     -------------------                                  -------------------
                                               Weighted
                                                Average
                                               Remaining
                          Number            Contractual Life          Number               Weighted Average
   Exercise prices:     Outstanding            (Years)             Exercisable              Exercise Price
   ----------------     -----------         ----------------       -----------             ----------------
<S>                      <C>                    <C>                 <C>                          <C>
            $1.00        1,950,000               2.00               1,950,000                    $1.00
            $1.00           20,000               2.15                  20,000                    $1.00
            $1.00          100,000               0.80                 100,000                    $1.00
            $1.00          712,008              17.70                 712,008                    $1.00
                         ---------              -----               ---------                    -----
                         2,782,008               6.00               2,782,008                    $1.00
                         =========              =====               =========                    =====
</TABLE>

Transactions involving the Company's options issuances are summarized as
follows:

                                        Number of    Weighted Average
                                          Shares      Exercise Price
                                        ---------    ----------------
Outstanding at March 31, 2001           2,070,000        $1.00
                                        =========        =====
Granted                                   712,008         1.00
Exercised                                      --           --
Cancelled                                      --           --
                                        ---------        -----
Outstanding at March 31, 2002           2,782,008        $1.00
                                        =========        =====
Granted                                        --           --
Exercised                                      --           --
Cancelled                                      --           --
                                        ---------        -----
Outstanding at March 31, 2003           2,782,008        $1.00
                                        =========        =====
Granted                                        --           --
Exercised                                      --           --
Cancelled                                      --           --
                                        ---------        -----
Outstanding at December 31, 2003        2,782,008        $1.00
                                        =========        =====

<PAGE>

                              LINK PLUS CORPORATION
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                DECEMBER 31, 2003
                                   (UNAUDITED)

NOTE C - STOCK OPTIONS AND WARRANTS (CONTINUED)

Options (Continued)
-------------------

All options granted to non-employees are non-compensatory and exercise prices of
options are higher than the fair market value of the Company's common stock, and
thus none was charged to operations for the period ended December 31, 2003 and
2002. There were no awards of employee stock options issued during the period
ended December 31, 2003 and 2002. If the Company recognized compensation cost
for the employee stock option plan in accordance with SFAS No. 123, the
Company's pro forma net loss and net loss per share would have been $(547,736)
and $(.03) for the nine months ended December 31, 2003 and $(1,079,056) and
$(.06) for the nine months ended December 31, 2002.

Warrants
--------

The following table summarizes the changes in warrants outstanding and the
related prices for the shares of the Company's common stock issued to
shareholders and employees at December 31, 2003.
<TABLE>
<CAPTION>
                     Warrants Outstanding                                  Warrants Exercisable
                     --------------------                                  --------------------
                                               Weighted
                                                Average
                                               Remaining
                          Number            Contractual Life          Number               Weighted Average
   Exercise prices:     Outstanding            (Years)             Exercisable              Exercise Price
   ----------------     -----------         ----------------       -----------             ----------------
<S>                     <C>                    <C>                 <C>                          <C>
            $1.00          55,500              0.40                   55,500                    $1.00
            $1.00       1,699,802              1.20                1,699,802                    $1.00
                        ---------              ----                ---------                    -----
                        1,755,302              1.20                1,755,302                    $1.00
                        =========              ====                =========                    =====
</TABLE>

Transactions involving the Company's warrant issuances are summarized as
follows:

                                        Number of    Weighted Average
                                          Shares      Exercise Price
                                        ---------    ----------------
   Outstanding at March 31, 2001        1,034,700         $1.00
                                        =========         =====
   Granted                                 30,000          1.00
   Exercised                                   --            --
   Cancelled                                   --            --
                                        ---------         -----
   Outstanding at March 31, 2002        1,064,700         $1.00
                                        =========         =====
   Granted                                690,602          1.01
   Exercised                                   --            --
   Cancelled                                   --          1.00
                                        ---------          ----
   Outstanding at March 31, 2003        1,755,302         $1.00
                                        =========         =====
   Granted                                     --            --
   Exercised                                   --            --
   Cancelled                                   --          1.00
                                        ---------          ----
   Outstanding at December 30, 2003     1,755,302         $1.00
                                        =========         =====

For the period ended December 31, 2003 and 2002, all warrants granted to
non-employees are non-compensatory and exercise prices of options are higher
than the fair market value of the Company's common stock, and thus none was
charged to operations for the period ended December 31, 2003 and 2002.

<PAGE>

                              LINK PLUS CORPORATION
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                DECEMBER 31, 2003
                                   (UNAUDITED)

NOTE D - SUBSEQUENT EVENTS

On January 16, 2004, the Company entered into a Merger Agreement ("Agreement")
with JS Technologies Corp ("JS Technologies"), a company organized under the
laws of the State of Delaware. JS Technologies is a private-held company and is
engaged in the business of manufacturing new digital radio frequency
semiconductor and software products. In connection with the Agreement, JS
Technologies will transfer to the Company all of its tangible and intangible
assets in exchange for a total of 3,672,800 shares of restricted common stock of
the Company and 327,200 warrants with an exercise price of $1.00 per share that
expire 4 years from the date of issuance. The Company anticipates consummating
the acquisition during the fourth quarter of this fiscal year.


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

The following Management Discussion and Analysis should be read in conjunction
with the Company's audited Financial Statements and Notes thereto, along with
the audited financial statements for the year ended March 31, 2003 included in
the Form 10-KSB filed with the Securities and Exchange Commission on August 27,
2003.

This Form 10-QSB contains certain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. All statements included
herein that address activities, events or developments that the Company expects,
believes, estimates, plans, intends, projects or anticipates will or may occur
in the future, are forward-looking statements. Actual events may differ
materially from those anticipated in the forward-looking statements. Important
risks that may cause such a difference include: general domestic and
international economic business conditions, increased competition in the
Company's markets and products. Other factors may include, availability and
terms of capital, and/or increases in operating and supply costs. Market
acceptance of existing and new products, rapid technological changes,
availability of qualified personnel also could be factors. Changes in the
Company's business strategies and development plans and changes in government
regulation could adversely affect the Company. Although the Company believes
that the assumptions underlying the forward-looking statements contained herein
are reasonable, any of the assumptions could be inaccurate. There can be no
assurance that the forward-looking statements included in this filing will prove
to be accurate. In light of the significant uncertainties inherent in the
forward-looking statements included herein, the inclusion of such information
should not be regarded as a representation by the Company that the objectives
and expectations of the Company would be achieved.

PLAN OF OPERATION

The Company's financial condition is the result of a restructuring of the
Company from primarily a U. S. government contractor to a high technology
company based on linked compressor and expander (Lincompex) technology. This
restructuring began in 1988 using the cash of the Company, outside investment,
and a strategic partnership with TRW, Inc. to finance the research and
development (R&D) of products based on Lincompex technology. This R&D is
culminated in 2002 with the completion of the ChipSet . This lengthy R&D effort
resulted in a steady decrease in revenue as U.S. government contracts decreased
and few products were completed for sale to generate additional revenue.

<PAGE>

COMPARISON OF FINANCIAL RESULTS - THREE MONTHS ENDED DECEMBER 31, 2003 AND 2002

REVENUES. The Company's total revenues were $0 for the three months ended
December 31, 2003 compared to $14,107 for the same period ended December 31,
2002. The decline was primarily due to a decline in royalty sales.

COSTS AND EXPENSES. The Company's selling, general and administrative expenses
for the three months ended December 31, 2003 was $205,183 compared to $237,622
for the same period ended December 31, 2002, a decrease of $32,439. This
decrease was primarily due to a decline in salaries, rent, office expense,
royalty fees, and other administrative expense offset by an increase in
accounting and legal fees associated with audit and preparation of financial
statements.

COMPARISON OF FINANCIAL RESULTS - NINE MONTHS ENDED DECEMBER 31, 2003 AND 2002

REVENUES. The Company's total revenues were $0 for the nine months ended
December 31, 2003 compared to $31,581 for the same period ended December 31,
2002. The decline was primarily due to a decline in royalty sales.

COSTS AND EXPENSES. The Company's selling, general and administrative expenses
for the nine months ended December 31, 2003 was $515,217 compared to $1,064,637
for the same period ended December 31, 2002, a decrease of $549,420. This
decrease was primarily due to a decline of approximately $291,000 in board of
directors fees, approximately $152,000 of salaries, $43,000 of accounting and
legal fees associated with audit and preparation of financial statements, as
well as rent and other administrative expense.

LIQUIDITY AND CAPITAL RESOURCES

As of December 31, 2003, we had a working capital deficit $2,338,209. As a
result of the Company's operating loss of $547,736 for the nine months ended
December 31, 2003, the Company generated a cash flow deficit of $30,317 from
operating activities, adjusted principally for the value of common stock issued
to employees and members of the Company Board of Directors in exchange for
service in the amount of $152,502. We met our cash requirements during this
period through the proceeds from the issuance of $12,000 of common stock to
shareholders and $18,750 in notes payable to shareholders.

The Company has issued shares of its common stock from time to time in the past
to satisfy certain obligations, and expects in the future to also acquire
certain services, satisfy indebtedness and/or make acquisitions utilizing
authorized shares of the capital stock of the Company.

While the Company has raised capital to meet its working capital and financing
needs in the past, additional financing is required in order to meet the
Company's current and projected cash flow deficits from operations and
development. The Company is seeking financing in the form of equity in order to
provide the necessary working capital. The Company currently has no commitments
for financing. There is no guarantee that the Company will be successful in
raising the funds required.

As the Company continues to expand, the Company will incur additional costs for
personnel. In order for the Company to attract and retain quality personnel,
management anticipates it will have to offer competitive salaries, issue common
stock to consultants and employees, and grant Company stock options to current
and future employees.

In prior periods, the Company has borrowed funds from significant shareholders
of the Company to satisfy certain obligations. There are no assurances that the
Company will be able to borrow funds from significant shareholders of the
Company in the future.

The effect of inflation on the Company's revenue and operating results was not
significant.

<PAGE>

The Company's operations are in the United States and there are no seasonal
aspects that would have a material adverse effect on the Company's financial
condition or results of operations.

The independent auditors report on the Company's March 31, 2003 financials
states that the Company's recurring losses and defaults under its debt
obligations raise substantial doubts about the Company's ability to continue as
a going concern.

PRODUCT RESEARCH AND DEVELOPMENT

We may be required to delay, reduce or eliminate some or all of our research and
development activities or sales and marketing efforts if we fail to obtain
additional funding that may be required to satisfy our future capital
expenditure needs. We plan to continue to spend substantial funds to continue
our research and development activities and to expand sales and marketing
efforts. Future liquidity and capital requirements will depend upon numerous
factors, including actions relating to the cost and timing of research and
development and sales and marketing activities, the extent to which our products
gain market acceptance and competitive developments. Any additional required
financing may not be available on satisfactory terms, if at all. If we are
unable to obtain financing, we may be required to delay, reduce or eliminate
some or all of our research and development activities or sales and marketing
efforts.

Acquisition of Plant and Equipment
----------------------------------

On January 16, 2004, the Company entered into a Merger Agreement ("Agreement")
with JS Technologies, Inc. ("JS Technologies"), a company organized under the
laws of the State of Delaware. JS Technologies is a private-held company and is
engaged in the business of manufacturing digital radio frequency semiconductor
and software products. In connection with the Agreement, JS Technologies will
transfer to the Company all tangible and intangible assets in exchange for a
total of 3,672,800 shares of restricted stock of the Company and 327,000
warrants with an exercise price of $1.00 per share that expire 4 years from the
date of issuance. The Company anticipates consummating the acquisition during
the fourth quarter of this fiscal year.

Number of Employees
-------------------

We have relied on the services of outside consultants for services and currently
have four (4) full time employees. In order for us to attract and retain quality
personnel, we anticipate we will have to offer competitive salaries to future
employees. We do not anticipate our employment base will significantly change
during the next 12 months. As we continue to expand, we will incur additional
cost for personnel. This projected increase in personnel is dependent upon our
generating revenues and obtaining sources of financing. There is no guarantee
that we will be successful in raising the funds required or generating revenues
sufficient to fund the projected increase in the number of employees.

RECENT ACCOUNTING PRONOUNCEMENTS

In December 2003, the FASB issued SFAS No. 132 (revised), EMPLOYERS' DISCLOSURES
ABOUT PENSIONS AND OTHER POSTRETIREMENT BENEFITS - AN AMENDMENT OF FASB
STATEMENTS NO. 87, 88, AND 106. This statement retains the disclosure
requirements contained in FASB statement no. 132, Employers' Disclosures about
Pensions and Other Postretirement Benefits, which it replaces. It requires
additional disclosures to those in the original statement 132 about the assets,
obligations, cash flows, and net periodic benefit cost of defined benefit
pension plans and other defined benefit postretirement plans. The required
information should be provided separately for pension plans and for other
postretirement benefit plans. The revision applies for the first fiscal or
annual interim period ending after December 15, 2003 for domestic pension plans
and June 15, 2004 for foreign pension plans and requires certain new disclosures
related to such plans. The adoption of this statement will not have a material
impact on the Company's results of operations or financial positions.

<PAGE>

ITEM 3.  CONTROLS AND PROCEDURES

As of December 31, 2003, Link Plus performed an evaluation, under the
supervision and with the participation of management, including Chief Executive
and Chief Financial Officer, of the effectiveness of the design and operation of
its disclosure controls and procedures as defined in rules 13a - 15(c) and 15d -
15(c) under the Securities Exchange Act of 1934, as amended. Based upon that
evaluation, the Chief Executive and Chief Financial Officer concluded that Link
Plus's disclosure controls and procedures are effective in timely alerting them
to material information required to be included in Link Plus's periodic filings
with the U.S. Securities and Exchange Commission. There were no significant
changes in Link Plus's internal controls or in other factors that could
significantly affect these internal controls subsequent to the date of the most
recent evaluation.





<PAGE>
                           PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

None

ITEM 2. CHANGES IN SECURITIES

During the three months ended December 31, 2003, the Company issued no shares of
common stock to employees and members of the Company's Board of Directors in
exchange for services provided to the Company.

In issuing the foregoing securities, the Company relied on Sections 3(b) and
4(2) of the Securities Act of 1933 and comparable state law provisions for
exemption from the registration requirements of such Act and laws. All sales
were made by officers of the Company and no commissions were paid. Each investor
was personally known to one or more officers of the Company prior to making the
investment and was furnished with information concerning the formation and
operations of our company. Each investor had the opportunity to verify the
information supplied. Additionally, we obtained a signed representation from
each of the foregoing persons in connection with the issuance of the securities
of his or her intent to acquire the securities for the purpose of investment
only, and not with a view toward the subsequent distribution thereof. Each of
the certificates representing the common stock of the Company has been stamped
with a legend restricting transfer of the securities represented thereby and we
have issued stop transfer instructions to the transfer agent for our common
stock concerning all certificates representing the common stock issued in the
above-described transactions.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

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

None.

ITEM 5. OTHER INFORMATION

None.



<PAGE>

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

EXHIBITS

    REGULATION
    S-B NUMBER                              EXHIBIT
    ----------                              -------
        3.1         Restated Certificate of Incorporation*
        3.2         By-Laws*
       10.1         U.S. Government - Patent Licensing and Release Agreement*
       10.2         Johns Hopkins University - Strategic Relationship and
                    Licensing Agreement*
       10.3         Japan Radio Company - Purchase Contract*
       10.4         Johns Hopkins University - Subcontract Agreement*
       10.5         May Lam - Subscription Agreement*
       10.6         Asahi Telecom Company, Ltd. - Subscription Agreement*
       31.1         Rule 13a-14(a) Certification of Chief Executive Officer
       31.2         Rule 13a-14(a) Certification of President
       31.3         Rule 13a-14(a) Certification of Principal Financial Officer
       32.1         Section 1350 Certification of Chief Executive Officer
       32.2         Section 1350 Certification of President
       32.3         Section 1350 Certification of Principal Financial Officer

----------
* Incorporated by reference to the exhibits to the registrant's registration
  statement on Form 10-SB, file number 000-50077.

REPORTS ON FORM 8-K

No reports on Form 8-K were filed during the three-month period covered in this
Form 10-QSB.


<PAGE>
                                   SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                 LINK PLUS CORPORATION


Dated:  February 12, 2004
                                 By: /s/ Robert L. Jones
                                    -----------------------------------
                                 Robert L. Jones, Jr., Chairman and CEO




Dated:  February 12, 2004        By: /s/ Patricia E. Jones
                                    --------------------------------------
                                    Patricia E. Jones, Secretary/Treasurer
                                    (Principal Financial Officer)