U.S. 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 JUNE 30, 2000

                                       OR

[ ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

                        Commission file number 0 - 26013


                       MULTI-LINK TELECOMMUNICATIONS, INC.
         ---------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)

         Colorado                                        84-1334687
 ------------------------------                 -------------------------------
(State or other jurisdiction of                (IRS Employer Identification No.)
 incorporation or organization)


               4704 Harlan St, Suite 420, Denver, Colorado, 80212
               --------------------------------------------------
                    (Address of principal executive offices)

                                 (303) 831 1977
                            -------------------------
                           (Issuer's telephone number)

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 [X] No [ ]

State the  number of  shares  outstanding  of each of the  issuer's  classes  of
equity, as of the latest practicable date:


       Class                                      Outstanding August 14, 2000
--------------------------                        ---------------------------
Common Stock, No par value                             4,084,290 shares

         Transitional Small Business Disclosure format: Yes [ ] No [X]


<PAGE>


                                      INDEX

              MULTI-LINK TELECOMMUNICATIONS, INC. AND SUBSIDIARIES


PART I - FINANCIAL INFORMATION

Item 1.   Financial Statements (Unaudited)                                  PAGE

Consolidated Balance Sheet, June 30, 2000.                                     3

Consolidated Statements of Operations and Comprehensive Income -               4
Three Months Ended June 30, 2000 and 1999 and Nine Months
ended June 30, 2000 and 1999.

Consolidated Statement of Cash Flows - Nine Months ended June 30,              5
2000 and 1999.

Notes to Consolidated Financial Statements.                                    6


Item 2.   Management's Discussion and Analysis of Financial
          Condition and Results of Operations                                  8



PART II - OTHER INFORMATION

Item 1.   Legal Proceedings                                                   15
Item 2.   Changes in Securities and Use of Proceeds.                          15
Item 3.   Defaults on Senior Securities                                       15
Item 4.   Submission of Matters to a Vote of Security Holders                 15
Item 5.   Other Information                                                   15
Item 6.   Exhibits and Reports on Form 8-K.                                   15




























                                       2
<PAGE>



Part I.   FINANCIAL INFORMATION
Item I. Financial Statements

<TABLE>
<CAPTION>
                       Multi-Link Telecommunications, Inc.
                           Consolidated Balance Sheet
                                   (Unaudited)
                                                                                                         June 30,
                                                                                                           2000
                                                                                                         -------
<S>                                                                                                  <C>
ASSETS

Current Assets
                Cash & Cash Equivalents ..........................................................   $    614,600
                Marketable Securities, current ...................................................        295,820
                Accounts Receivable, net of allowance for doubtful accounts of $207,310 ..........      1,211,862
                Note Receivable ..................................................................        322,118
                Subscription Receivable ..........................................................        200,000
                Inventory ........................................................................         32,407
                Prepaid Expenses .................................................................        337,497

                                                                                                     ------------
                                Total Current Assets .............................................      3,014,304

Subscription Receivable ..........................................................................        800,000

Marketable Securities ............................................................................        292,273

Property & Equipment Net .........................................................................      4,639,268

Other Assets
                Deferred Financing Costs .........................................................         93,773
                Intangible Assets, net of amortization of $1,361,125 .............................      7,245,028

                                                                                                     ------------
TOTAL ASSETS .....................................................................................   $ 16,048,646
                                                                                                     ============

LIABILITIES & STOCKHOLDERS' EQUITY

Current Liabilities
                Accounts Payable .................................................................   $    613,432
                Accrued Expenses .................................................................        540,448
                Customer Deposits ................................................................        128,635
                Deferred Revenue .................................................................        142,685
                Notes Payable and Current Portion of Long -Term Debt .............................        637,759

                                                                                                     ------------
                                Total Current Liabilities ........................................      2,062,959

Long-Term Debt, Net of Current Portion ...........................................................      3,783,693

STOCKHOLDERS' EQUITY
                Preferred Stock, $.01 par value: 5,000,000 shares authorized: none issued ........              0
                Common Stock no par value: 20,000,000 shares authorized, 4,084,290
                shares issued and outstanding ....................................................     11,921,548

                Loss on Investments available for sale ...........................................         (9,679)

                Accumulated Deficit ..............................................................     (1,673,875)
                                                                                                     ------------
                                Total Stockholders' Equity .......................................     10,237,994

                                                                                                     ------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY .......................................................   $ 16,048,646
                                                                                                     ============
</TABLE>

          See accompanying Notes to Consolidated Financial Statements.


                                       3
<PAGE>

<TABLE>
<CAPTION>
                                      Multi-Link Telecommunications, Inc.
                        Consolidated Statements of Operations and Comprehensive Income
                                                  (Unaudited)

                                                                     Three Months Ended                      Nine Months Ended
                                                                 June 30,           June 30,            June 30,         June 30,
                                                                   2000               1999               2000              1999
                                                                 -------            -------             -------          -------
<S>                                                            <C>                <C>                <C>                <C>
NET REVENUES ...........................................       $ 3,113,638        $ 1,153,581        $ 8,262,473        $ 3,354,536

COST OF SERVICES AND PRODUCTS ..........................           687,715            197,256          1,747,237            595,990
                                                               -----------        -----------        -----------        -----------

GROSS MARGIN ...........................................         2,425,923            956,325          6,515,236          2,758,546

EXPENSES
              Sales & Advertising Expenses .............           368,540             84,862            998,708            271,830
              General & Administrative Expenses ........         1,531,163            543,593          4,044,685          1,497,432
              Non Recurring Pooling Expenses ...........           101,091                  0            101,901                  0
              Non Recurring Moving Expenses ............           122,179                  0            122,179                  0
              Depreciation .............................           129,135             36,843            295,788            105,634
              Amortization .............................           290,375             67,870            697,608            155,458
                                                               -----------        -----------        -----------        -----------
                     Total Expenses ....................         2,542,483            733,168          6,260,059          2,030,354

INCOME (LOSS) FROM OPERATIONS ..........................          (116,560)           223,157            255,178            728,192


INTEREST INCOME (EXPENSE) NET AND OTHER ................           (90,434)           (80,889)          (200,220)          (291,210)

                                                               -----------        -----------        -----------        -----------
INCOME (LOSS) BEFORE INCOME TAXES ......................          (206,994)           142,268             54,958            436,982


PROVISION FOR INCOME TAXES .............................            (6,536)           (24,174)           (11,252)           (73,878)

                                                               -----------        -----------        -----------        -----------
NET INCOME (LOSS) ......................................       $  (213,530)       $   118,094        $    43,706        $   363,104

UNREALIZED PROFIT (LOSS) ON INVESTMENTS ................             5,522             (5,821)             1,633             (5,821)
AVAILABLE FOR SALE
                                                               -----------        -----------        -----------        -----------

COMPREHENSIVE INCOME (LOSS) ............................       $  (208,008)       $   112,273        $    45,339        $   357,283
                                                               ===========        ===========        ===========        ===========

NET INCOME (LOSS)  PER COMMON SHARE
              Basic ....................................       $     (0.05)       $      0.04        $      0.01        $      0.16
              Diluted ..................................       $     (0.05)       $      0.04        $      0.01        $      0.14

WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
              Basic ....................................         3,956,301          2,825,942          3,824,375          2,320,732
              Diluted ..................................         3,956,301          3,048,326          4,011,660          2,534,677

</TABLE>

          See accompanying Notes to Consolidated Financial Statements.


                                       4
<PAGE>
<TABLE>
<CAPTION>
                                        Multi-Link Telecommunications, Inc.
                                       Consolidated Statements of Cash Flows
                                                    (Unaudited)
                                                                                                           Nine Months Ended
                                                                                                      June 30,            June 30,
                                                                                                        2000               1999
                                                                                                      -------             -------
<S>                                                                                                <C>                  <C>
CASH FLOW FROM OPERATING ACTIVITIES
NET INCOME (LOSS) ........................................................................         $    43,706          $   363,104

ADJUSTMENTS  to  reconcile  net  profit  to net
cash  generated  from  (used in) operating activities ....................................
              Depreciation and Amortization ..............................................             993,396              261,092
              Amortization of Debt Discount and Issuance Costs ...........................              21,876               21,525
              Bad Debt Expense ...........................................................             190,683               28,415

CHANGES IN OPERATING ASSETS & LIABILITIES
              (Increase)/Decrease in Accounts Receivable .................................            (877,918)            (129,698)
              (Increase)/Decrease in Inventory ...........................................              (8,235)              11,479
              (Increase)/Decrease in Prepayments .........................................            (186,191)              71,572
              Increase/(Decrease) in Accounts Payable ....................................             317,998              (46,587)
              Increase/(Decrease) in Accrued Expenses ....................................          (1,130,704)            (132,239)
                                                                                                   -----------          -----------
NET CASH (Used in)/Provided by Operating Activities ......................................            (635,389)             448,663

CASH FLOW FROM INVESTING ACTIVITIES
              Purchase of Subscriber Accounts ............................................            (334,674)            (507,428)
              Purchase of Fixed Assets ...................................................          (1,578,082)            (128,884)
              Advance on Note Receivable .................................................            (322,118)                   0
              Sale of Marketable Securities ..............................................           3,195,266                    0
              Unrealized Loss on Investments .............................................               1,633                    0
              Deferred Financing Costs ...................................................               1,038                    0
              Investment in Associated Company ...........................................                   0              (35,484)
              Purchase Cashtel ...........................................................            (258,320)                   0
              Purchase of Hellyer Communications' Business and Assets ....................          (1,419,936)                   0
              Purchase of One Touch Communications' Business and Assets ..................          (1,152,060)                   0
                                                                                                   -----------          -----------
                  Total Cash Flow (used in) Investing Activities .........................          (1,867,253)            (671,796)

CASH FLOW FROM FINANCING ACTIVITIES
              Payment of Related Party Notes Payable .....................................             (17,569)            (718,191)
              Advances under Related Party Notes Payable .................................                   0               80,000
              Advances under Notes Payable ...............................................           3,591,863              350,000
              Payments of Notes Payable ..................................................          (1,211,126)          (2,439,946)
              Repurchase of Outstanding Shares ...........................................                   0               (5,721)
              Proceeds from Issuance of Common Stock .....................................             105,172            8,870,000
              Customer Deposits ..........................................................             128,635                    0
              Net effect of pooling VoiceLink ............................................              10,726                    0
              Costs of equity raising ....................................................             (62,719)          (1,630,430)
                                                                                                   -----------          -----------
                  Total Cash Flow provided by Financing Activities .......................           2,544,982            4,505,712

INCREASE/(DECREASE) IN CASH & CASH EQUIVALENTS ...........................................              42,340            4,282,579

Cash and Cash Equivalents at the beginning of the period .................................             572,260              626,218
                                                                                                   -----------          -----------
Cash and Cash Equivalents at the end of the period .......................................         $   614,600          $ 4,908,797
                                                                                                   ===========          ===========

(continued)










          See accompanying Notes to Consolidated Financial Statements.

                                      5(a)

<PAGE>
<CAPTION>
                                        Multi-Link Telecommunications, Inc.
                                 Consolidated Statements of Cash Flows (Continued)
                                                    (Unaudited)
                                                                                                           Nine Months Ended
                                                                                                      June 30,            June 30,
                                                                                                        2000               1999
                                                                                                      -------             -------
<S>                                                                                                <C>                  <C>


SUPPLEMENTAL SCHEDULE OF CASH FLOW INFORMATION

Cash paid for interest ...................................................................         $   200,937          $   272,698
                                                                                                   -----------          -----------
Cash paid for taxes ......................................................................         $         0          $     9,792
                                                                                                   -----------          -----------
Conversion of note payable to equity .....................................................         $         0          $    35,000
                                                                                                   -----------          -----------
Consultancy and non-compete agreements acquired for equity ...............................         $   956,624          $         0
                                                                                                   -----------          -----------
Business and assets of One Touch acquired for equity .....................................         $ 2,020,000          $         0
                                                                                                   -----------          -----------
Capital stock of VoiceLink of Florida, Inc acquired for equity ...........................         $   132,000          $         0
                                                                                                   -----------          -----------
Subscriber accounts acquired for equity ..................................................         $    20,535          $         0
                                                                                                   -----------          -----------
Fixed assets purchased through debt ......................................................         $ 1,105,472          $         0
                                                                                                   -----------          -----------
Net liabilities assumed in business combination accounted for as a purchase ..............         $   769,022          $         0
                                                                                                   -----------          -----------
Capital stock issued on June 30, 2000, proceeds received after quarter end ...............         $ 1,000,000          $         0
                                                                                                   -----------          -----------

</TABLE>











          See accompanying Notes to Consolidated Financial Statements.

                                      5(b)
<PAGE>


NOTES TO FINANCIAL STATEMENTS (UNAUDITED)

Note 1    Basis of Presentation

     The   accompanying    unaudited   financial    statements   of   Multi-Link
Telecommunications,  Inc.  have  been  prepared  in  accordance  with  generally
accepted  accounting  principles for interim financial  information and with the
instructions to Form 10-QSB and Article 10 of Regulation S-X. Accordingly,  they
do not include  all of the  information  and  footnotes  required  by  generally
accepted accounting principles for complete financial statements. In our opinion
the financial statements include all adjustments (consisting of normal recurring
accruals)  necessary in order to make the financial  statements not  misleading.
Operating  results for the three and nine month  periods ended June 30, 2000 are
not  necessarily  indicative  of the results  that may be expected  for the year
ended September 30, 2000.  These  statements  should be read in conjunction with
the financial  statements and related notes  contained in our latest Form 10-KSB
which includes  audited  financial  statements for the years ended September 30,
1998 and 1999.

Note 2    Basis of Consolidation

     On November 19, 1999 Multi-Link Telecommunications, Inc., through its newly
formed subsidiary,  Hellyer Communications Services, Inc., acquired the business
and  substantially  all  the  assets  of  Hellyer  Communications,  Inc.  for  a
combination of cash,  assumption of certain  liabilities and common stock valued
at $4.2  million.  Hellyer has been a provider of  business  messaging  services
since  1969,  and has over  40,000  subscribers  in  Indianapolis,  Chicago  and
Detroit.  The  transaction  was  accounted  for  using  the  purchase  method of
accounting and resulted in $2.61 million of goodwill  representing the excess of
the  purchase  price over the fair value of net assets  acquired.  The  purchase
price was $1.1 million in cash and the assumption of approximately  $2.1 million
in liabilities.  $956,000 in restricted  common stock was issued with a two-year
vesting  schedule with respect to  non-compete  and consulting  agreements  with
Jerry L. Hellyer,  the sole  shareholder of Hellyer.  The results of the Hellyer
Communications   business  have  been  consolidated  with  those  of  Multi-Link
Telecommunications, Inc. effective November 17, 1999.

     On November 29, 1999 Hellyer Communications  Services, Inc., acquired 9,416
residential  voice-messaging  accounts  from  B.F.G.  of  Illinois  Inc.,  doing
business as Cashtel,  Inc., in Chicago.  The purchase price was $258,320 in cash
and $20,536 in common  stock.  The revenues and expenses of these  accounts have
been consolidated with those of Multi-Link  Telecommunications,  Inc., effective
November 29, 1999.

     On January 6, 2000, Multi-Link Telecommunications,  Inc., through its newly
formed subsidiary,  One Touch  Communications,  Inc.,  acquired the business and
substantially  all the assets of One Touch  Communications,  Inc., a provider of
advanced voice messaging services to businesses in Raleigh,  North Carolina. The
transaction  was  accounted  for using the  purchase  method of  accounting  and
resulted in $2.88  million of goodwill  representing  the excess of the purchase
price over the fair market value of net assets acquired.  The purchase price was
$3.12  million,  $1.1  million in cash and $2.02  million in  restricted  common
stock. The sellers have agreed to hold the common stock for up to two years from
the  date  of  closing.  The  results  of  the  One  Touch  business  have  been
consolidated with those of Multi-Link Telecommunications, Inc. effective January
6, 2000.

     On March 31, 2000,  Multi-Link  Telecommunications,  Inc., acquired 100% of
the  outstanding  capital stock of VoiceLink  Inc., a provider of advanced voice
messaging  services to businesses in Atlanta,  Georgia.  The purchase  price was
$4.88  million paid through the issue of 406,488  restricted  common shares at a
price of $12.00 per share.  The  acquisition  was  accounted for as a pooling of
interests, and the results of the VoiceLink business have been consolidated with
those of Multi-Link Telecommunications, as if the two businesses had been merged
throughout  the periods  presented.  Included in net income for the three months
and nine  months  ended June 30,  2000 was net income  from  VoiceLink,  Inc. of
$23,000  and  $105,000,   respectively  after  expensing  non-recurring  pooling
expenses  of  $101,000.  Included  in net income  for the three  months and nine
months  ended June 30, 1999 was net income from  VoiceLink,  Inc. of $39,000 and
$121,000, respectively.



                                       6
<PAGE>


     Effective May 1, 2000 Multi-Link Telecommunications,  Inc., acquired 50% of
the  outstanding  capital  stock of  VoiceLink  of Florida,  Inc., a provider of
advanced  voice  messaging  services to businesses in Ft.  Lauderdale,  Florida.
VoiceLink,  Inc., a wholly owned  subsidiary of  Multi-Link  Telecommunications,
Inc., had previously owned 50% of the outstanding  share capital of VoiceLink of
Florida,  Inc. and VoiceLink of Florida,  Inc. had been  accounted for under the
equity method of  accounting.  The equity income (loss) of VoiceLink of Florida,
Inc. was not  significant  to Multi-Link  Telecommunications,  Inc. and has been
included in interest  income  (expense)  net and other  within the  consolidated
statements of operation and  comprehensive  income.  The purchase  price for the
remaining 50% of  outstanding  share  capital of VoiceLink of Florida,  Inc. was
$132,000 which was paid through the issuance of 12,000  restricted common shares
of  Multi-Link  Telecommunications,  Inc. at a market price of $11.00 per common
share.  The acquisition was accounted for as a purchase,  and, as a result,  the
results of  VoiceLink  of Florida,  Inc.  have been  consolidated  with those of
Multi-Link Telecommunications, Inc., effective May 1, 2000.

Note 3    Subscription Receivable

     On June 30, 2000  Glenayre  Technologies,  Inc.  subscribed  $1 million for
stock and warrants in  Multi-Link  Telecommunications,  Inc. Full details of the
transaction  are set out in Note.  5 below.  None of the  proceeds  of the stock
issue were received  prior to the end of the quarter.  Accordingly  the proceeds
have  been  recorded  in the  balance  sheet  at June 30,  2000 as  Subscription
Receivable.  $800,000  of the  proceeds of the stock issue are held in an escrow
account by Glenayre Technologies,  Inc. and the use of these funds is restricted
to  the  purchase  of  Glenayre  messaging  equipment.  These  funds  have  been
categorized as long-term assets.  The balance of $200,000 of the proceeds of the
stock issue were subsequently remitted to us, can be used at our discretion, and
have been categorized as a current asset.

Note 4    Notes Payable

     During the nine months ended June 30, 2000  Multi-Link  Telecommunications,
Inc. drew $1.2 million under its five-year term loan with Westburg Media Capital
and $400,000 under its margin facility with PaineWebber, Inc. to repay lease and
loan facilities and provide additional working capital.

     Multi-Link Telecommunications,  Inc., through its wholly owned subsidiaries
Hellyer  Communications  Services,  Inc.,  One Touch  Communications,  Inc.  and
Multi-Link  Communications,  Inc,  also entered into seven  equipment  financing
facilities  with terms between  thirty six and sixty months,  at interest  rates
between  9.25% and 10.5% per annum for a total of $1.92 million and one ten year
property loan for $76,000 at an interest  rate of 10.25% per annum.  These funds
were used to repay  existing  leases and to finance the  purchase of  additional
voice messaging equipment.

Note 5    Stockholders' Equity

     On May 15,  2000,  40,123  shares of common  stock were issued for $105,000
under the terms of our approved stock option plan.

     On June 30, 2000,  104,439 restricted shares of common stock were issued at
$9.57 per share together with a five year warrant to purchase  100,000 shares of
our common stock at an exercise price of $14.3625 to Glenayre Technologies, Inc.
for a total  purchase  price  of $1  million.  As part of this  transaction,  we
contracted  to purchase not less than $2.5 million of messaging  equipment  from
Glenayre  over the next three  years at  standard  list  price.  $800,000 of the
$1,000,000  million  stock  purchase  consideration  was  retained  in an escrow
account by Glenayre to fund part of these contracted purchases.

ITEM 2.  Management's Discussion and Analysis of Financial Condition and Results
         of Operations.

     The  following   discussion   should  be  read  in  conjunction   with  the
consolidated  financial  statements  included in this  report.  This  discussion
contains  forward-looking  statements that involve risks and uncertainties.  Our


                                       7
<PAGE>


actual results could differ  materially from those  anticipated in these forward
looking  statements  as a result of any  number of  factors,  including  but not
limited to, intensity of competition,  customer  attrition,  disruption of local
telephone  networks,   technological  obsolescence,   cost  of  technology,  the
availability of third party billing  solutions,  the  availability of financing,
our  ability  to manage  our  growth,  the  availability  and  success of future
acquisitions,  the  effects  of  regional  economic  and market  conditions  and
increases in marketing and sales costs.

OVERVIEW

     Our long-term goal is to become a significant force within the U.S. unified
messaging  service  industry,  which is predicted by analysts to be an important
market over the next few years.  At present we provide  advanced voice messaging
services to  businesses  and homes.  We plan to achieve this market  position by
acquiring voice messaging subscribers through a national industry  consolidation
plan,  and then  transitioning  our customers to unified  messaging  services as
market demand for this service increases.

     We currently provide advanced  integrated voice and fax messaging  services
for residences  and small and medium sized  businesses.  These  services  enable
businesses  to improve  the  handling  of  incoming  calls and  facilitate  more
efficient  communication between employees,  customers,  suppliers and other key
relationships of the subscriber company.

     Our revenues are primarily  derived from  receiving  fixed monthly  service
fees for voice mail,  installation  and set-up  charges  and sales of  ancillary
telecommunications  services such as paging. We recognize revenues as we deliver
services.  Annual  prepayments  by subscribers  are  recognized  over the period
covered by the prepayment on a straight-line basis.

     Our  primary  costs of  delivering  our  voice  messaging  services  to our
subscribers are our voice messaging  platforms,  maintenance costs and the costs
of interconnection to the public switched telephone network. Most of our general
and administrative  expenses are incurred in the processing and servicing of new
subscriber accounts.

     We currently sell a small portion of our services through independent sales
agents and the majority through our in-house sales force.  However, for the past
two years, the majority of our sales were made through independent sales agents.
All  salaries  and  commissions  associated  with our  in-house  sales force are
expensed as  incurred.  All  commissions  paid to  independent  sales agents for
procuring   subscribers  are  capitalized  and  amortized.   We  amortize  these
subscriber  account  acquisition  costs  over  the  estimated  economic  life of
subscriber accounts or 36 months, whichever is less.

     From inception  through  September 1998, we financed our operations and net
losses  through  factoring  of  customer  contracts  and working  capital  loans
provided by CS Capital Corp. at implied  interest  rates of up to 52% per annum.
In September  1998, we refinanced  most of our  indebtedness to CS Capital Corp.
with a five-year term loan from Westburg Media Capital LP. The Westburg loan has
an interest rate of 3% per annum over prime rate. In May 1999, we repaid all but
$10,000 of the Westburg  loan from the proceeds of our initial  public  offering
and, as a result, experienced significantly lower net interest expense in fiscal
1999 than in prior  years.  Subsequently  we have now drawn down a further  $1.2
million under this facility to finance our program of acquisitions  and provided
additional working capital finance.

     We plan to continue to increase  revenues by increasing the number of sales
agents  that offer our voice  messaging  services,  by  increasing  the range of
telecommunications  services  we  offer  to  our  customers,  and  by  acquiring
companies in the voice messaging industry.  After completing an acquisition,  we
plan to convert the operations of the acquired company to conform to our current
business model, where economically feasible.



                                       8
<PAGE>


Acquisitions

     On November 17, 1999 we competed the  acquisition of  substantially  all of
the business, assets and certain liabilities of Hellyer Communications,  Inc., a
provider of basic voice messaging services in Indianapolis, Detroit and Chicago.
As a result,  our  financial  statements  include the  revenues  and expenses of
Hellyer from the date of acquisition through June 30, 2000.

     On November  29, 1999 we completed  the  acquisition  of 9,416  residential
voice-messaging  subscribers  from  BFG of  Illinois,  Inc.  doing  business  as
Cashtel,  Inc. in Chicago.  As a result,  our financial  statements  include the
revenues and the expenses of these  subscribers from the date of the acquisition
through June 30, 2000.

     On January 6, 2000,  we completed the  acquisition  of all of the business,
assets and certain liabilities of One Touch Communications,  Inc., a provider of
voice messaging services in Raleigh,  North Carolina. As a result, our financial
statements  include  the  revenues  and  expenses  of One Touch from the date of
acquisition through June 30, 2000.

     On March 31, 2000,  we acquired  100% of the  outstanding  share capital of
VoiceLink Inc., a provider of advanced voice messaging services to businesses in
Atlanta,  Georgia.  The acquisition was accounted for as a pooling of interests,
and, as a result,  the results of the VoiceLink  business have been consolidated
with those of Multi-Link  Telecommunications,  as if the two businesses had been
merged throughout the periods presented.

     On  May 1,  2000  we  acquired  50% of the  outstanding  capital  stock  of
VoiceLink of Florida,  Inc., a provider of advanced voice messaging  services to
businesses  in  Ft.  Lauderdale,   Florida.  VoiceLink,  Inc.,  a  wholly  owned
subsidiary of Multi-Link  Telecommunications,  Inc., had previously owned 50% of
the  outstanding  share  capital of VoiceLink of Florida,  Inc. and VoiceLink of
Florida, Inc. had been accounted for under the equity method of accounting.  The
equity  income  (loss) of VoiceLink  of Florida,  Inc.  was not  significant  to
Multi-Link  Telecommunications,  Inc. and has been  included in interest  income
(expense)  net and other within the  consolidated  statements  of operation  and
comprehensive  income. The acquisition of the remaining 50% of the capital stock
of VoiceLink of Florida, Inc. was accounted for as a purchase, and, as a result,
the results of VoiceLink of Florida,  Inc. have been  consolidated with those of
Multi-Link Telecommunications, Inc., effective May 1, 2000.

Results of Operations

Quarter ended June 30, 2000 compared to quarter ended June 30, 1999.

     The results for the quarter ended June 30, 2000 include the results for all
the  acquisitions  described above for the periods  stated.  The results for the
quarter  ended  June 30,  1999 have been  restated  to  include  the  results of
VoiceLink  Inc., the acquisition of which has been accounted for as a pooling of
interests.

     Net  Revenues.  Our  revenues  for the  quarter  ended  June 30,  2000 were
$3,114,000 compared to $1,154,000 for the fiscal quarter ended June 30, 1999, an
increase of 170%. The increase was due to the combined  result of (a) continuing
internal growth in our base of customers at Multi-Link in Denver and an increase
in the  price  charged  by us  for  certain  messaging  services  at our  Denver
operation in July 1999. These factors  combined  generated 22% internal growth -
$121,000,  and (b) the  inclusion  of  revenues  from the  various  acquisitions
described above - $1,839,000.

     Cost of Services and Products. Cost of services and products for the fiscal
quarter  ended June 30, 2000 was  $688,000,  compared to $197,000 for the fiscal
quarter  ended June 30, 1999,  an increase of 249%.  The increase was due to the
various acquisitions described above.



                                       9
<PAGE>


     Gross Profit  Margin.  Gross margin for the fiscal  quarter  ended June 30,
2000 was  $2,426,000  compared to $956,000 for the fiscal quarter ended June 30,
1999, an increase of 154% due to the factors described above.

     Gross Profit Margin  Percentage.  The overall gross profit margin  declined
from 83% for the three  months  ended June 30, 1999 to 78% for the three  months
ended June 30, 2000. The decline resulted from the change in our business mix as
a result of the various acquisitions  detailed above. Our gross profit margin on
automated  business messaging services is higher than the gross profit margin on
business live answering and residential automated messaging services.

     Sales and Advertising Expense. Sales and advertising expenses for the three
months  ended June 30,  2000 were  $369,000  compared  to $85,000  for the three
months  ended June 30,  1999,  an increase of 334% This  increase was due to the
inclusion  of sales  and  advertising  expenses  from the  various  acquisitions
described  above -  $161,000,  and the  cost of  operating  our new  residential
telesales center - $123,000.

     General and Administrative  Expenses.  General and administrative  expenses
for the three  months ended June 30, 2000 were  $1,531,000  compared to $544,000
for the three months ended June 30, 1999.  This  increase of 181% was due to (a)
the costs  associated  with our becoming a public  company,  including  investor
relations  expenses,  transfer agent fees,  legal fees,  accounting  fees, other
professional  expenses,  and increases in management salaries - $135,000 and (b)
the  inclusion  of  general  and   administrative   expenses  from  the  various
acquisitions  described above, including a broad based reorganization at Hellyer
Communications Services, Inc. - $725,000, and (c) the costs of operating the new
residential telesales center - $127,000.

     Non Recurring Pooling Expenses.  In the three months ended June 30, 2000 we
incurred professional fees in connection with the acquisition of VoiceLink, Inc.
of $101,000.  As the acquisition was accounted for as a pooling of interests all
the costs of the  acquisition  were expensed rather than being  capitalized.  No
such  expenses  were  incurred in the three months ended June 30, 1999 and these
expenses will not recur in the future.

     Non Recurring Moving Expenses.  During the three months ended June 30, 2000
we relocated the offices of our 100% owned  subsidiary,  Hellyer  Communications
Services,  Inc.  The  costs  incurred  in  respect  of this  relocation  totaled
$122,000. No such expenses were incurred in the three months ended June 30, 1999
and these expenses will not recur in the future.

     EBITDA - Earnings Before Interest,  Tax,  Depreciation,  and  Amortization.
EBITDA  for the three  months  ended  June 30,  2000 was  $303,000  compared  to
$328,000  for the three  months  ended June 30,  1999,  a decrease  of 8%.  This
decrease  was  caused by  non-recurring  costs  incurred  in  respect of pooling
expenses  ($101,000)  and moving costs  ($122,000).  EBITDA for the three months
ended June 30, 2000,  excluding these non-recurring  charges,  was $526,000,  an
increase of 60% over the three months ended June 30, 1999. This is the result of
the inclusion of the various acquisitions detailed  above."EBITDA"  reflects net
income or loss plus  depreciation,  amortization  and interest  expense,  income
taxes and other  non-cash  charges.  EBITDA is a measure  used by  analysts  and
investors as an indicator of operating  cash flow because it excludes the impact
of movements in working  capital items,  non-cash  charges and financing  costs.
However,  EBITDA is not a  measure  of  financial  performance  under  generally
accepted  accounting  principles  and should not be considered a substitute  for
other financial measures of performance.

     Depreciation of Equipment.  Depreciation  expense in the three months ended
June 30, 2000 was  $129,000  compared to $37,000 for the three months ended June
30, 1999. This increase of 249% was due to increased  purchases of equipment and
the inclusion of the various acquisitions described above.




                                       10
<PAGE>


     Amortization. Amortization was $290,000 for the three months ended June 30,
2000 compared to $68,000 for the three months ended June 30, 1999. This increase
of 326% was due to (a) continued  customer  account  purchases  from our base of
independent sales agents in the Denver area, (b) amortization of goodwill on the
various acquisitions described above and (c) the amortization of the non compete
agreement and consulting agreement with Jerry L. Hellyer relating to the Hellyer
acquisition.

     Income (Loss) from Operations.  Loss from operations was $(117,000) for the
three  months  ended June 30,  2000  compared  to a profit  from  operations  of
$223,000 for the three months ended June 30, 1999, due to the factors  described
above.

     Net Interest Income (Expense).  Net interest income (expense) for the three
months ended June 30, 2000 was  $(90,000)  compared to  $(81,000)  for the three
months ended June 30, 1999, a increase of 11%.

     Provision  for Income  Taxes.  The provision for income taxes for the three
months  ended June 30, 2000 was $7,000  compared to $24,000 for the three months
ended June 30,  1999, a decrease of 58% due to the taxable  losses  generated in
the current quarter due to the factors described above.

     Net Income (Loss) and  Comprehensive  Income (Loss). We incurred a net loss
of $(214,000) for the three months ended June 30, 2000, compared to a net income
of  $118,000  for the three  months  ended  June 30,  1999,  due to the  factors
outlined above. The comprehensive  loss for the three months ended June 30, 2000
was $(208,000),  $6,000 less than the net loss of $(214,000).  The difference of
$6,000 relates to a reduction in the level of unrealized losses on our portfolio
of marketable securities,  which are held as available for sale investments. The
comprehensive  income for the three  months  ended June 30,  1999 was  $112,000,
$6,000 less than the net income of $118,000. The difference of $6,000 was due to
unrealized losses on our portfolio of marketable  securities,  which are held as
available for sale investments.

Nine Months ended June 30, 2000 compared to Nine Months ended June 30, 1999.

     The results for the nine months ended June 30, 2000 include the results for
the  acquisitions  described above for the periods  stated.  The results for the
nine  months  ended June 30,  1999 have been  restated to include the results of
VoiceLink  Inc., the acquisition of which has been accounted for as a pooling of
interests.

     Net  Revenues.  Our  revenues  for the nine months ended June 30, 2000 were
$8,262,000  compared to  $3,355,000  for the nine months ended June 30, 1999, an
increase  of 146%.  The  increase  was the  combined  result  of (a)  continuing
internal growth in our base of customers at Multi-Link in Denver and an increase
in the  price  charged  by us  for  certain  messaging  services  at our  Denver
operation in July 1999. These factors  combined  generated 24% internal growth -
$377,000,  and (b) the  inclusion  of  revenues  from the  various  acquisitions
described above - $4,530,000.

     Cost of Services and  Products.  Cost of services and products for the nine
months  ended June 30, 2000 was  $1,747,000,  compared to $596,000  for the nine
months ended June 30, 1999, an increase of 193%.  The increase was the result of
the various acquisitions described above.

     Gross Profit  Margin.  Gross margin for the nine months ended June 30, 2000
was  $6,515,000  compared to $2,759,000 for the nine months ended June 30, 1999,
an increase of 136% due to the factors described above.




                                       11
<PAGE>


     Gross Profit Margin  Percentage.  The overall gross profit margin  declined
from 82% for the nine  months  ended  June 30,  1999 to 79% for the nine  months
ended June 30, 2000.  The decline comes from the change in our business mix as a
result of the various  acquisitions  detailed above.  Our gross profit margin on
automated  business messaging services is higher than the gross profit margin on
business live answering and residential automated messaging services.

     Sales and Advertising Expense.  Sales and advertising expenses for the nine
months  ended June 30, 2000 were  $999,000  compared  to  $272,000  for the nine
months ended June 30, 1999, an increase of 267%. This increase resulted from the
inclusion  of sales  and  advertising  expenses  from the  various  acquisitions
described above - $427,000,  and the operation of our new residential  telesales
center at a cost of $300,000.

     General and Administrative  Expenses.  General and administrative  expenses
for the nine months ended June 30, 2000 were  $4,045,000  compared to $1,497,000
for the nine months  ended June 30, 1999.  This  increase of 170% was due to (a)
the costs  associated  with our becoming a public  company,  including  investor
relations  expenses,  transfer agent fees,  legal fees,  accounting  fees, other
professional  expenses and increases in management salaries - $375,000,  and (b)
the  inclusion  of  general  and   administrative   expenses  from  the  various
acquisitions  described above, including a broad based reorganization at Hellyer
Communications  Services, Inc. - $1,946,000,  and (c) the costs of operating the
new residential telesales center - $227,000.

     Non Recurring Pooling Expenses.  During the nine months ended June 30, 2000
we incurred  professional  fees in connection with the acquisition of VoiceLink,
Inc. of $101,000. As the acquisition was accounted for as a pooling of interests
all the costs of the acquisition were expensed rather than being capitalized. No
such  expenses  were  incurred in the nine months  ended June 30, 1999 and these
expenses will not recur in the future.

     Non Recurring  Moving  Expenses.  During nine months ended June 30, 2000 we
relocated  the  offices of our 100%  owned  subsidiary,  Hellyer  Communications
Services,  Inc.  The  costs  incurred  in  respect  of this  relocation  totaled
$122,000.  No such expenses were incurred in the nine months ended June 30, 1999
and these expenses will not recur in the future.

     EBITDA - Earnings Before Interest,  Tax,  Depreciation,  and  Amortization.
EBITDA  for the nine  months  ended June 30,  2000 was  $1,249,000  compared  to
$989,000  for the nine months  ended June 30,  1999,  an  increase  of 26%.  The
increase is the result of the  inclusion  of the various  acquisitions  detailed
above.  EBITDA  for  the  nine  months  ended  June  30,  2000,   excluding  the
non-recurring  charges  for  pooling  expenses  ($101,000)  and moving  expenses
($121,000) was $1,472,000, an increase of 49% over the quarter to June 30, 1999.
This  is the  result  of the  inclusion  of the  various  acquisitions  detailed
above."EBITDA"  reflects net income or loss plus depreciation,  amortization and
interest expense,  income taxes and other non-cash charges.  EBITDA is a measure
used by analysts and investors as an indicator of operating cash flow because it
excludes the impact of movements in working capital items,  non-cash charges and
financing costs. However, EBITDA is not a measure of financial performance under
generally  accepted  accounting  principles  and  should  not  be  considered  a
substitute for other financial measures of performance.

     Depreciation  of Equipment.  Depreciation  expense in the nine months ended
June 30, 2000 was  $296,000  compared to $106,000 for the nine months ended June
30, 1999. This increase of 179% was due to increased  purchases of equipment and
the inclusion of the various acquisitions described above.





                                       12
<PAGE>


     Amortization.  Amortization was $698,000 for the nine months ended June 30,
2000 compared to $155,000 for the nine months ended June 30, 1999. This increase
of 350% was due to (a) continued  customer  account  purchases  from our base of
independent sales agents in the Denver area, (b) amortization of goodwill on the
various acquisitions described above and (c) the amortization of the non compete
agreement and consulting agreement with Jerry L. Hellyer relating to the Hellyer
acquisition.

     Income (Loss) from Operations.  Income from operations was $255,000 for the
nine months  ended June 30, 2000  compared to $728,000 for the nine months ended
June 30, 1999, a decrease of 65% due to the factors outlined above.

     Net Interest  Income  (Expense).  Net interest  expense for the nine months
ended June 30, 2000 was  $(200,000),  compared to $(291,000) for the nine months
ended June 30, 1999, a decrease of 31%.  The  decrease was  attributable  to the
significantly  lower  levels of debt after our  initial  public  offering in May
1999.

     Provision  for Income  Taxes.  The  provision for income taxes for the nine
months  ended June 30, 2000 was $11,000  compared to $74,000 for the nine months
to June 30, 1999,  a decrease of 85% due to the  availability  of net  operating
losses in Multi-Link Telecommunications,  Inc. to offset taxable profits arising
in VoiceLink,  Inc.  after the date of VoiceLink,  Inc.'s  acquisition  in March
2000.

     Net Income (Loss) and Comprehensive Income (Loss). We achieved a net income
of $44,000 for the nine months ended June 30, 2000,  compared to a net income of
$363,000 for the nine months ended June 30, 1999,  an decrease of 88% due to the
factors outlined above. The comprehensive  income for the nine months ended June
30, 2000 was $45,000, $1,000 more than the net income of $44,000. The difference
of  $1,000  relates  to a  decrease  in the  level of  unrealized  losses on our
portfolio  of  marketable  securities,  which  are  held as  available  for sale
investments.  The  comprehensive  income for the nine months ended June 30, 1999
was  $357,000,  $6,000 less than the net income of $363,000.  The  difference of
$6,000 relates to unrealized  losses on our portfolio of marketable  securities,
which are held as available for sale investments.

Liquidity and Capital Resources

     We continue to meet our capital requirements through (a) cash provided from
continuing  operations,  (b) the $1  million  equity  investment  from  Glenayre
Technologies, Inc., (b) a $2.1 million line of credit provided by Westburg Media
Capital, and (c) various long-term equipment leasing facilities.

     As of June 30, 2000 we were current on our  obligations  to all lenders and
in  compliance  with all debt  covenants.  As of June 30, 2000, we had available
cash of $614,000, marketable investments, net of the related margin facility, of
$179,000,   subscriptions   receivable  from  Glenayre  Technologies,   Inc.  of
$1,000,000  ($800,000  of which  is  restricted  for the  purchase  of  Glenayre
messaging equipment) and available undrawn loan facilities of $940,000.

     For the nine  months  ended June 30, 2000 net cash used in  operations  was
approximately $(635,000) compared to net cash provided by operations of $449,000
for the nine  months  ended  June 30,  1999.  The  majority  of this  $1,084,000
variance  arises  from a one-time  increase in  accounts  receivable  at Hellyer
Communications Services, Inc. on the introduction of a third party billing agent
for  residential  customers  that  results  in a four month  delay in  receiving
payment from Ameritech. Net cash used in investing activities in the nine months
ended June 30, 2000 for the purchase of the Hellyer Communications and One Touch
Communications  businesses,  subscriber  accounts (including those acquired from
B.F.G. of Illinois Inc.) and fixed assets,  less the proceeds  realized from the
sale of marketable  securities,  was $(1,867,000) compared to $(672,000) for the
nine months ended June 30, 1999. During the nine months ended June 30, 2000,




                                       13
<PAGE>


financing  activities  generated  $2,545,000  of net cash the  majority of which
($2.3  million)  arose from a net increase in long term debt.  This  compares to
$4,506,000  generated from  financing  activities in the nine months to June 30,
1999 which  arose  from $7.2  million  of net  equity  raised  through a private
placement and the initial  public  offering,  less repayment of net debt of $2.7
million.

     We anticipate  that our existing cash balances,  marketable  securities and
subscription   receivable  from  Glenayre  Technologies,   Inc.,  together  with
internally  generated funds from operations and the Westburg revolving term loan
will be sufficient to meet our presently  projected  operating  requirements for
the next 12 months.

     We plan to continue  our  industry  consolidation  plan and to acquire more
companies  involved in the  messaging  industry.  It is likely that we will seek
additional debt and equity  financing to support our  acquisition  programs over
the next twelve months.

Effects of Inflation

     Although we cannot  accurately  anticipate  the effect of  inflation on our
operations, we do not believe that inflation has had, or is likely in the future
to have, a material effect on our operating results or financial condition.

Year 2000 Issue

     We did not  experience  any year 2000  problems  with any of our  operating
software or voice messaging equipment. To the best of our knowledge, none of our
suppliers have experienced any year 2000 problems in providing us with the goods
and services that we require from them.  We did not incur any material  costs in
preparing for year 2000 compliance.









                                       14
<PAGE>


PART II  OTHER INFORMATION



Item 1.   Legal Proceedings

          The Company is not a party to any legal proceedings.

Item 2.   Changes in Securities.

          Recent Sales of Unregistered Securities

               In May 2000, we acquired 50% of the outstanding  capital stock of
          VoiceLink of Florida,  Inc. and we issued  12,000 shares of our common
          stock to  Robert  Thomas as  consideration  for the  acquisition.  The
          issuance  was  exempt  from  registration  under  the  Securities  Act
          pursuant to Section 4(2) of the  Securities  Act and/or Rule 506 under
          the Securities Act. Mr. Thomas  represented that he was an "accredited
          investor"  as that term is  defined  in Rule 501 under the  Securities
          Act. No underwriters were engaged in connection with such issuances.

               On May 26,  2000,  we issued  2,220 shares of our common stock to
          BFG of Illinois,  Inc. doing  business as Cashtel,  Inc. in connection
          with our purchase  from Cashtel of certain  subscriber  accounts.  The
          issuance  was  exempt  from  registration  under  the  Securities  Act
          pursuant to Section 4(2) of the  Securities  Act and/or Rule 506 under
          the Securities  Act.  Cashtel  represented  that it was an "accredited
          investor"  as that term is  defined  in Rule 501 under the  Securities
          Act. No underwriters were engaged in connection with such issuances.

               On June 30, 2000,  we issued  104,439  shares of our common stock
          and  warrants to  purchase  100,000  shares of our common  stock at an
          exercise price of $14.3625 to Glenayre Technologies,  Inc. for a total
          purchase   price  of   $1,000,000.   The   issuance  was  exempt  from
          registration  under the Securities Act pursuant to Section 4(2) of the
          Securities  Act  and/or  Rule  506  under  Securities  Act.   Glenayre
          represented  that it was an  "accredited  investor"  as  that  term is
          defined in Rule 501 under the  Securities  Act. No  underwriters  were
          engaged in connection with such issuances.

Item 3.   Defaults upon Senior Securities

          None.

Item 4.   Submission of Matters to Vote of Security Holders

          None.

Item 5.   Other Information.

          None

Item 6.   Exhibits and Reports on Form 8-K.

     a.   Exhibits.

          27.1     Financial Data Schedule



                                       15
<PAGE>


     b.   Reports on Form 8-K.

          On April  14,  2000,  we filed a Form 8-K under  Item 2 to report  the
          acquisition of all of the outstanding common stock of VoiceLink, Inc.

          On May 16,  2000,  we filed a Form 8-K  under  Item 5 to  release  the
          financial  results of  Multi-Link  for April,  2000,  pursuant  to the
          requirements  of Accounting  Series  Release No. 135 as interpreted by
          Staff Accounting Bulletin No. 65.

          On May 30,  2000,  we filed a Form 8-K under Item 5 to report a letter
          of intent with Glenayre Technologies, Inc., pursuant to which Glenayre
          was to purchase shares of Multi-Link common stock.

          On June 12, 2000,  we filed a Form 8-K/A  amending  and  supplementing
          Item 7 of our filing on Form 8-K dated April 14, 2000,  reporting  the
          acquisition of all of the outstanding common stock of VoiceLink, Inc.

                                   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.


                                         MULTI-LINK TELECOMMUNICATIONS, INC,
                                         (Registrant)




Date: August 14, 2000                     /s/ Nigel V. Alexander
---------------------                     --------------------------------------
                                          Nigel V. Alexander,
                                          Chief Executive Officer.



Date: August 14, 2000                     /s/ Shawn B. Stickle
---------------------                     --------------------------------------
                                          Shawn B. Stickle,
                                          President and Chief Operating Officer.



Date: August 14, 2000                     /s/ David J. C. Cutler
---------------------                     --------------------------------------
                                          David J.C. Cutler,
                                          Chief Financial Officer.




                                       16