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 DECEMBER 31, 1999

                                       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 February 14, 2000
--------------------------                        ---------------------------
Common Stock, No par value                              3,519,020 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 Sheets,
 December 31, 1999 and September 30, 1999                                    3

Consolidated Statements of Operations - Three Months Ended                   4
December 31, 1999 and 1998

Consolidated Statement of Cash Flows - Three months Ended                    5
December 31, 1999 and 1998

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.                                                  12
Item 2.  Changes in Securities and Use of Proceeds                           12
Item 3.  Defaults upon Senior Securities                                     12
Item 4.  Submission of Matters to a Vote of Security Holders                 12
Item 5.  Other Information                                                   12
Item 6.  Exhibits and Reports on Form 8-K.                                   13










                                       2

<PAGE>


Part I.   FINANCIAL INFORMATION

Item 1. Financial Statements


<TABLE>
<CAPTION>
CONDENSED CONSOLIDATED BALANCE SHEET


                                                                                      December 31,        September 30,
                                                                                         1999                 1999
                                                                                      ------------        -------------
ASSETS

<S>                                                                                  <C>               <C>
Current Assets
             Cash & Cash Equivalents ..........................................      $   925,804       $   512,617
             Marketable Securities, current ...................................        2,112,366         3,397,002
             Accounts Receivable, net of allowance
             for doubtful accounts of $98,621 and $33,215, respectively .......          847,754           265,419
             Note Receivable ..................................................          304,537                 0
             Inventory ........................................................           23,109                 0
             Prepaid expenses .................................................          147,445            51,234
                                                                                     -----------       -----------
                                        Total Current Assets ..................        4,361,015         4,226,272

Marketable Securities .........................................................                0           386,357

Property & Equipment Net ......................................................        2,774,401         1,184,653


Other Assets
             Deferred Financing Costs .........................................           47,609           159,430

             Intangible Assets, net of amortization of
             $676,198 and $547,215, respectively ..............................        4,305,037           715,882
                                                                                     -----------       -----------
TOTAL ASSETS ..................................................................      $11,488,062       $ 6,672,594
                                                                                     ===========       ===========

LIABILITIES & STOCKHOLDERS' EQUITY

Current Liabilities
             Accounts Payable .................................................      $   845,902       $   117,373
             Accrued Expenses .................................................          519,903            50,647
             Deferred Revenue .................................................          358,478           164,091
             Notes Payable - Related Parties, Current Portion .................           15,301            17,569
             Notes Payable and Current Portion of Long -Term Debt .............          383,162           160,424
                                                                                     -----------       -----------
                                        Total Current Liabilities .............        2,122,746           510,104

Long-Term Debt, Net of Current Portion ........................................        2,342,311           341,011

STOCKHOLDERS' EQUITY
             Preferred Stock, $.01 par value: 5,000,000 shares
             authorized: none issued ..........................................                0                 0
             Common Stock no par value; 20,000,000 shares
             authorized, 3,272,302 and  3,122,302 shares
             issued and outstanding, respectively .............................        8,688,402         7,722,778

             Loss on Investments available for sale ...........................           (7,001)          (11,312)

             Accumulated Deficit ..............................................       (1,658,396)       (1,889,987)
                                                                                     -----------       -----------
                                        Total Stockholders' Equity ............        7,023,005         5,821,479

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY ....................................      $11,488,062       $ 6,672,594
                                                                                     ===========       ===========
</TABLE>

See accompanying Notes to Consolidated Financial Statements.


                                        3



<PAGE>

<TABLE>
<CAPTION>

CONDENSED CONSOLIDATED OPERATING STATEMENT



                                                                                  Three Months Ended
                                                                      -------------------------------------------
                                                                      December 31,                   December 31,
                                                                         1999                             1998
                                                                      ------------                  -------------
<S>                                                                   <C>                             <C>
NET REVENUES ....................................................     $ 1,504,001                     512,714

COST OF SERVICES AND PRODUCTS ...................................         353,685                      95,994
                                                                      -----------                 -----------

GROSS MARGIN ....................................................       1,150,316                     416,720

EXPENSES

      Sales & Advertising Expenses ..............................          99,824                      10,017
      General & Administrative Expenses .........................         629,726                     169,954
      Depreciation ..............................................          47,918                      21,694
      Amortization ..............................................         128,983                      27,395
                                                                      -----------                 -----------
                     Total Expenses .............................         906,451                     229,060

INCOME FROM OPERATIONS ..........................................         243,865                     187,660

INTEREST INCOME (EXPENSE) NET ...................................          (2,257)                   (103,134)
                                                                      -----------                 -----------
NET INCOME BEFORE TAXATION ......................................         241,608                      84,526

PROVISION FOR INCOME TAXES ......................................         (10,017)                          0
                                                                      -----------                 -----------
NET INCOME ......................................................     $   231,591                 $    84,526
                                                                      ===========                 ===========

NET INCOME PER COMMON SHARE
        Basic ...................................................     $      0.07                 $      0.05
        Diluted .................................................     $      0.07                 $      0.05

WEIGHTED AVERAGE COMMON SHARES OUTSTANDING

         Basic ..................................................       3,195,672                   1,632,325
         Diluted ................................................       3,431,446                   1,750,020

</TABLE>





See accompanying Notes to Consolidated Financial Statement




                                        4

<PAGE>


<TABLE>
<CAPTION>

CONDENSED CONSOLIDATED CASH FLOW

                                                                                        Three Months Ended
                                                                                 ----------------------------------
                                                                                 December 31,          December 31,
                                                                                    1999                  1998
                                                                                -----------           -----------
<S>                                                                               <C>                <C>
CASH FLOW FROM OPERATING ACTIVITIES

NET INCOME (LOSS) .........................................................       $   231,591        $   84,526

ADJUSTMENTS to  reconcile  net  profit  to net
cash  generated  from  (used in) operating activities .....................
      Depreciation and Amortization .......................................           176,901             49,089
      Amortization of Debt Discount and Issuance Costs ....................             7,293              7,175
      Bad Debt Expense ....................................................            92,749             25,514

CHANGES IN OPERATING
ASSETS & LIABILITIES
      (Increase)/Decrease in Accounts Receivable ..........................          (583,781)          (103,093)
      (Increase)/Decrease in Inventory ....................................              (720)                 0
      (Increase)/Decrease in Prepayments ..................................           (96,211)           (16,179)
      Increase/(Decrease) in Accounts Payable .............................          (161,518)          (120,309)
      Increase/(Decrease) in Accrued Expenses .............................            74,290           (104,531)
      Increase/(Decrease) in Deferred Revenue .............................           (20,600)           (12,555)
                                                                                  -----------        -----------
NET CASH (Used in)/Provided by Operating Activities .......................          (280,006)          (190,363)

CASH FLOW FROM INVESTING ACTIVITIES
      Purchase of Subscriber Accounts .....................................          (389,642)           (72,731)
      Purchase of Fixed Assets ............................................          (279,635)           (26,572)
      Advance on Note Receivable ..........................................          (304,537)          (204,543)
      Sale of Marketable Securities .......................................         1,712,238                  0
      Deferred Acquisition Costs ..........................................          (104,528)                 0
      Purchase of Hellyer Communications' Business and  Assets ............        (1,057,000)                 0
                                                                                  -----------        -----------
                                                                                     (423,104)          (303,846)

CASH FLOW FROM FINANCING ACTIVITIES
      Payment of Related Party Notes Payable ..............................            (2,268)          (448,594)
      Advances Under Related Party Notes Payable ..........................                 0             79,283
      Advances under Notes Payable ........................................         1,700,000            150,000
      Payments of Notes Payable ...........................................          (581,435)           (45,570)
      Repurchase of Outstanding Shares ....................................                 0             (5,721)
      Proceeds from Issuance of Common Stock ..............................                 0            590,000
      Offering Costs ......................................................                 0           (192,557)
                                                                                  -----------        -----------
                                                                                    1,116,297            126,841

INCREASE/(DECREASE) IN CASH & CASH EQUIVALENTS ............................           413,187           (367,368)

Cash and Cash Equivalents at the beginning of the period ..................           512,617            555,852
                                                                                  -----------        -----------
Cash and Cash Equivalents atthe end of the period .........................      $    925,804       $    188,574
                                                                                  ===========        ===========

SUPPLEMENTAL SCHEDULE OF CASH FLOW INFORMATION

Cash Paid for Interest ....................................................       $    37,471        $   125,041
                                                                                  -----------        -----------
Conversion of Note Payable to Equity ......................................       $         0        $    35,000
                                                                                  -----------        -----------
Consultancy and non-compete agreements acquired for equity ................       $   956,624        $         0
                                                                                  -----------        -----------
Fixed assets purchased through debt .......................................       $ 1,105,472        $         0
                                                                                  -----------        -----------
Net liabilities assumed in business combination
accounted for as a purchase ...............................................       $ 1,161,091        $         0
                                                                                  -----------        -----------
</TABLE>




See accompanying Notes to  Consolidated Financial Statements.


                                       5
<PAGE>




                          NOTES TO FINANCIAL STATEMENTS

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-month  period ended  December 31, 1999 are not
necessarily  indicative  of the results  that may be expected for the year ended
September  30, 2000.  The  September 30, 1999 balance sheet was derived from our
audited financial  statements,  but does not include all disclosures required by
generally  accepted  accounting  principles.  These statements should be read in
conjunction  with the financial  statements  and related notes  contained in our
latest Form 10-K which includes audited financial statements for the years ended
September 30, 1998 and 1999.

Note 2    Basis of Consolidation

     On November 17, 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  purchase  price  was  $1.1  million  cash and the  assumption  of
approximately  $2.1 million in  liabilities.  $1.0 million in restricted  common
stock was issued with a two-year  vesting  schedule with respect to  non-compete
and consulting agreements.  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 Multi-Link Telecommunications,  Inc, through its newly
formed  subsidiary,   Hellyer  Communications   Services,   Inc,  completed  the
acquisition of approximately 10,000 residential voice-messaging subscribers from
Cashtel,  Inc. in Chicago.  The purchase  price is expected to be  approximately
$290,000 depending on the final number of customers transferred. Cashtel will be
paid $20 in cash plus $2 in  restricted  common  stock for each active  customer
transferred.  In  addition,  Cashtel  will be paid  $70,000 to meet the costs of
providing the messaging  services to the customer base through  January 31, 2000
when the  transfer of  customers  onto the  Company's  systems is expected to be
completed. The revenues and expenses of these subscribers have been consolidated
with those of Multi-Link Telecommunications, Inc effective November 29, 1999.

Note 3    Notes Payable.

     During  the  fiscal   quarter   ended   December  31,  1999  Multi  -  Link
Telecommunications, Inc. drew down $1,000,000 under its five year term loan with
Westburg Media Capital to provide additional finance for its acquisitions. Multi
- Link Telecommunications, Inc also entered into a $700,000, 48- month equipment
financing  facility  at an  interest  rate of 9.25%.  These  funds  were used to
refinance  existing equipment leases at higher rates of interest and to purchase
new equipment.




                                       6


<PAGE>



Note 4    Subsequent Events

     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
purchase price was $3.12  million,  $1.1 million in cash and $2.02 in restricted
common  stock.  The sellers  have agreed to hold the common  stock for up to two
years from the date of closing.

     In January, 2000, Multi-Link Telecommunications, Inc entered into a further
$250,000,  48- month equipment financing facility at an interest rate of 9.5% to
refinance the purchase of new equipment.






































                                       7
<PAGE>



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
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, our short  operating  history,  our lack of  consistent  historical
profitability, 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,
and 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

     We provide advanced  integrated voice and fax messaging  services for small
and medium sized businesses and residences.  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. In the first quarter of fiscal 2000, we
have expanded the range of products we offer to include long  distance  service,
telephone systems, pagers and mobile telephones.

     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
interconnection  costs 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.  During  fiscal 1999,  we
experienced an average subscriber attrition rate of 1.76% per month,  indicating
a projected  life of the  subscriber  portfolio  of 57 months;  as a result,  we
currently amortize subscriber account acquisition costs over 36 months.

     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 the 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.

     We plan to  continue  to  increase  revenues  by  increasing  the number of
independent sales agents that offer our voice messaging services,  by increasing
the  range of  telecommunications  services  we offer to our  customers,  and by
acquiring companies involved 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 completed 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 December 31, 1999.

     On November 29, 1999 we completed the acquisition of  approximately  10,000
residential  voice-messaging  subscribers  from Cashtel,  Inc. in Chicago.  As a
result,  our  financial  statements  include the  revenues and expenses of these
subscribers from the date of acquisition through December 31, 1999.

     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.  Since this acquisition did
not take place until after the end of the quarter under review, One Touch had no
impact on these financial statements.

Results of Operations

Quarter ended December 31, 1999 compared to quarter ended December 31, 1998.

     Net  Revenues.  Our revenues for the quarter  ended  December 31, 1999 were
$1,504,000  compared to $513,000 for the fiscal quarter ended December 31, 1998,
an increase of 193%.  The  increase was the  combined  result of (a)  continuing
steady net growth in our base of customers at Multi-Link in Denver,  (b) a price
rise for certain  messaging  services at our Denver  operation in July 1999, and
(c) the  inclusion  of  revenues  from  the  Hellyer  and  Cashtel  acquisitions
described above.

     Cost of Services and Products. Cost of services and products for the fiscal
quarter ended December 31, 1999 was $354,000, compared to $96,000 for the fiscal
quarter  ended  December  31,  1998,  an increase of 269%.  The increase was the
result of  servicing  a  greater  number  of  customers  in 1999 than in 1998 in
Denver, and the acquisition of customers at Hellyer and Cashtel.

     Gross Profit Margin. Gross margin for the fiscal quarter ended December 31,
1999 was  $1,150,000  compared to $417,000 for the fiscal quarter ended December
31, 1998, an increase of 176% due to the factors described above.

     Gross  Profit  Margin  Percentage.  The gross  profit  margin of our Denver
operation  increased to 87% compared to 81% in 1998. However, as a result of the
inclusion of Hellyer and  Cashtel,  which  operate  their  residential  customer
accounts and live  answering  businesses at lower gross profit  margins than our
existing  business services model, the overall gross profit margin declined from
81% to 76%.

     Sales and  Advertising  Expense.  Sales and  advertising  expenses  for the
fiscal quarter ended December 31, 1999 were $100,000 compared to $10,000 for the
fiscal  quarter  ended  December 31, 1998,  an increase of 900%.  This  increase
resulted from the inclusion of sales and advertising expenses from Hellyer.

     General and Administrative  Expenses.  General and administrative  expenses
for the fiscal  quarter  ended  December  31,  1999 were  $630,000  compared  to
$170,000 for the fiscal quarter ended  December 31, 1998.  This increase of 271%
was due to (a) increased costs of billing the increased revenues,  (b) the costs
associated  with our becoming a public company,  including  transfer agent fees,
legal  fees,  accounting  fees  and  other  professional  expenses,  and (c) the
inclusion of general and administrative expenses from Hellyer.


                                       9
<PAGE>


     EBITDA - Earnings Before Interest,  Tax,  Depreciation,  and  Amortization.
EBITDA for the fiscal quarter ended  December 31, 1999 was $421,000  compared to
$237,000 for the fiscal  quarter  ended  December 31, 1998,  an increase of 77%.
This was partly  attributable  to the increased  revenues and gross profits from
our existing Denver  operations,  and partly due to the inclusion of Hellyer for
the  first  time.  "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 fiscal quarter ended
December 31, 1999 was $48,000  compared to $22,000 for the fiscal  quarter ended
December 31, 1998.  This  increase of 118% was due to increased  fixed assets at
both our existing operations, and the inclusion of Hellyer.

     Amortization.  Amortization  was  $129,000  for the  fiscal  quarter  ended
December 31, 1999 compared to $27,000 for the fiscal  quarter ended December 31,
1998. This increase of 378% 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  acquisition of Hellyer and (c) the  amortization  of the non
compete agreement and consulting agreement relating to the Hellyer acquisition.

     Income (Loss) from Operations.  Income from operations was $244,000 for the
fiscal  quarter  ended  December  31, 1999  compared to $188,000  for the fiscal
quarter ended December 31, 1998, an increase of 30% due to the factors discussed
above.

     Net Interest Income (Expense). Net interest income (expense) for the fiscal
quarter  ended  December 31, 1999 was $(2,000),  compared to $(103,000)  for the
fiscal  quarter  ended  December  31,  1998, a decrease of 98%. The decrease was
attributable to the significantly  lower levels of debt after our initial public
offering in May 1999.

     Net Income (Loss) and Comprehensive Income (Loss). We achieved a net income
of $232,000 for the fiscal  quarter ended  December 31, 1999,  compared to a net
profit of $84,000 for the quarter ended  December 31, 1998, an increase of 176%,
due to the  factors  outlined  above.  The  comprehensive  profit for the fiscal
quarter ended  December 31, 1999 was $ 236,000,  $4,000 more than the net profit
of $232,000.  The  difference  of $4,000  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 net loss and  comprehensive  loss were the
same in fiscal quarter ended December 31,1998.

Liquidity and Capital Resources

     We continue to meet our capital requirements through (a) cash provided from
operations,  (b) funds provided from our May 1999 initial public offering, (c) a
$2.1 million line of credit provided by Westburg Media Capital,  and (d) various
long term equipment leasing facilities.

     As of December 31, 1999, we were current on our  obligations to all lenders
and in  compliance  with all debt  covenants.  As of December 31,  1999,  we had
available cash and marketable investments of $3,038,000,  available undrawn loan
facilities of $1,140,000 and $2,741,000 of debt.

     For the three  months ended  December 31, 1999 net cash used in  operations
was  approximately  $(280,000)  compared  to net  cash  used  in  operations  of
$(190,000)  for the three  months  ended  December  31,  1998.  Net cash used in
investing  activities  in the  three  months  ended  December  31,  1999 for the
purchase of the Hellyer Communications business,  subscriber accounts (including
those acquired from Cashtel) and fixed assets,  less the proceeds  realized from


                                       10

<PAGE>


the sale of marketable  securities was $(423,000) compared to $(304,000) for the
three months ended December 31, 1998. During the three months ended December 31,
1999,  financing  activities generated $1,116,000 of net cash from the draw down
of  $1,000,000  from the Westburg  Media Capital loan facility and $700,000 from
new equipment financing  facilities,  less the repayment of $581,000 of existing
leasing  facilities,  compared to the three months ended December 31, 1998 where
financing activities generated $127,000 of net cash.

     We used  approximately $1.1 million of our cash to complete the acquisition
of One Touch Communications, Inc. on January 6, 2000. As of February 10, 1999 we
had  committed to the purchase of  approximately  $350,000 of  additional  voice
messaging  equipment from Glenayre for which we are actively seeking appropriate
long-term equipment financing.

     We anticipate  that our existing cash  balances and  marketable  securities
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 the 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.





                                       11

<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

          On November 17, 1999, in connection with the purchase of the assets of
          Hellyer   Communications,   Inc.,   the   Company   entered   into   a
          Non-Competition  Agreement  and a Consulting  Agreement  with Jerry L.
          Hellyer. The Non-Competition Agreement provided that the Company issue
          107,143  shares  of  Common  Stock  to  Mr.  Hellyer.  The  Consulting
          Agreement  provided  that the Company  issue  21,428  shares of Common
          Stock to Mr. Hellyer.  Such shares are subject to forfeiture  pursuant
          to the  terms  of  the  Non -  Competition  Agreement  and  Consulting
          Agreement.  The  issuances  were  exempt from  registration  under the
          Securities Act of 1933, as amended (the "Securities Act"), pursuant to
          Section 4(2) of the  Securities  Act and/or Rule 506 under  Securities
          Act. Mr. Hellyer  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.

          Use of Proceeds from Registered Securities

          On May 14,  1999,  the  registration  statement  filed by the  Company
          relating to its initial public offering was declared  effective by the
          SEC (File No. 333-72889).  Pursuant to the registration statement, the
          Company  registered the sale of 1,380,000 units, each comprised of one
          share of common  stock and one  warrant.  The Company  received  total
          gross proceeds of $8,280,00.  The Company paid underwriting  discounts
          and  commissions and expenses to the  underwriters  of $1,076,400.  In
          addition,   the  Company  paid  other  expenses  0f  the  offering  of
          approximately  $344,200. The total net proceeds minus expenses paid to
          date were $6,859,400.

          Since  completion  of the offering  through  December  31,  1999,  the
          Company has paid:  $2,140,000  to Westburg  Media  Capital L.P. to pay
          down the  outstanding  balance of the  revolving  loan;  $1,070,000 as
          partial  consideration  in connection  with the acquisition of Hellyer
          Communications,   Inc;  $698,000  to  repay  a  portion  of  Hellyer's
          liabilities  that we  assumed  and to pay  costs  associated  with the
          transaction;  $304,000 as an advance under a note  receivable to Jerry
          L. Hellyer;  $195,000 as partial  consideration in connection with the
          acquisition  of the  subscribers  of Cashtel  Inc.  and  approximately
          $250,000 for capital expenditures and general corporate purposes.

Item 3.   Defaults upon Senior Securities.

          None.

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

          None.

Item 5.   Other Information.

          None.

                                       12
<PAGE>


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

          a.     Exhibits.

                 27.1     Financial Data Schedule

          b.     Reports on Form 8-K.

                 On  December  3, 1999,  the  Company  filed a Form 8-K in which
                 items 2 and 7  were  reported.  No  financial  statements  were
                 included therein.















                                       13



<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.


                                          MULTI-LINK TELECOMMUNICATIONS, INC,
                                          (Registrant)




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



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



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







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