SECURITIES EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-KSB
                            Annual Report Pursuant to
                       the Securities Exchange Act of 1934

                               December 31, 2002

                        Commission file number 000-33031

                              THE LINK GROUP, INC.
                            ------------------------
             (Exact name of registrant as specified in its charter)


                             WORLD ENVIROTECH, INC.
                           --------------------------
                           (Prior Name of Registrant)


        Colorado                                        84-1263981
        --------                                        ----------
(State of incorporation)                                (I.R.S. Employer
                                                        Identification No.)

       Suite 950 - 789 West Pender Street, Vancouver, B.C. Canada V6C 1H2
      --------------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code: (604) 689-4407

           Securities registered pursuant to Section 12(g) of the Act:

                                  Common Stock
                               Title of each class

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to the filing
requirements for at least the past 90 days. Yes X No

Check if disclosure of delinquent filers pursuant to Item 405 of Regulation S-B
is not contained in this form, and no disclosure will be contained, to the best
of Registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-KSB or any amendment to
this Form 10-KSB. ( )

State issuer's revenues for its most recent fiscal year. $?

There were 47,851,301  shares of the Registrant's  $.0001 par value common stock
outstanding as of March 31, 2003. As of April 10, 2003,  (excluding 14.5 million
registered in the name of The Link Group, Inc. i.e. the Company)

The aggregate market value of the 12,623,484  shares of voting common stock held
by nonaffiliates  of the Registrant is approximately  $883,644 on April 10, 2003
based on a market price of $.07 at such date.

<PAGE>



                                TABLE OF CONTENTS

PART I

         Item 1. Description of Business                                       1
         Item 2. Description of Property                                       4
         Item 3. Legal Proceedings                                             4
         Item 4. Submission of Matters to a Vote of Security Holders           4

PART II

         Item 5. Market for Common Equity and Related Stockholder Matters      5
         Item 6. Management's Discussion and Analysis or Plan of Operation     5
         Item 7. Financial Statements                                          9
         Item 8. Changes in and Disagreements With Accountants on Accounting
                  and Financial Disclosure                                     9

PART III

         Item 9. Directors, Executive Officers, Promoters and
                 Control Persons; Compliance with Section 16(a) of
                 the Exchange Act                                              9
         Item 10. Executive Compensation                                      13
         Item 11. Security Ownership of Certain Beneficial Owners
                  and Management                                              15
         Item 12. Certain Relationships and Related Transactions              17
         Item 13. Exhibits and Reports on Form 8-K                            19
         Item 14. Control and Procedures                                      19

SIGNATURES                                                                    20




<PAGE>



                                     PART I

Item 1.  DESCRIPTION OF BUSINESS
         -----------------------

         General

     World  Envirotech,  Inc. (the  "Company") was  incorporated  in Colorado on
March 16,  1994. A  predecessor  began doing  business in 1988 as  Environmental
Control  Products.  The  Company  was  organized  to engage in any  activity  or
business not in conflict with the laws of the State of Colorado or of the United
States of America. The Company's primary business efforts were the manufacturing
and sales of an automotive  product called Turbo Master,  which was conceived by
the chairman of the board and was patented.

     The Company  business plan for  Turbomaster  failed due to lack of capital,
low oil  prices,  and  lack  of  marketing  resources.  On June  22,  2001,  the
shareholders  approved  the  spin  out  of a  wholly  owned  subsidiary,  Global
Envirotech,  Inc.  to  shareholders,  by  dividend  of  common  shares of Global
Envirotech,  on a share for share  basis.  All the  technology  and  proprietary
designs were transferred  from the Company to Global prior to spinout.  The spin
out was  effective  June 22,  2001.  Also,  on June 22, 2001,  the  shareholders
approved  and  effectuated  a one  for  two  reverse  split  of the  issued  and
outstanding shares of common stock.

     On December 21, 2001, XIN NET Corporation purchased 3,882,700 shares of the
Company  from  Carl and  Edna  Urich  and Mark  Urich.  The  position  purchased
constituted 71% of the issued and outstanding common stock.

     On February  18,  2002,  the Company  shareholders  approved a one for four
reverse  split  effective  February  28,  2002 and a change  of name to The Link
Group, Inc. (OTCBB symbol: LNKG).

                                       1

<PAGE>

     XIN NET Corp.  acquired  14,100,000  common  shares  for  $600,000  cash in
February,  2002.  These shares were  subject to the one for four  reverse  split
effective  February 28, 2002.  Prior to the  purchase,  XIN NET owned  3,882,700
shares of common stock.

     In March 2002,  the Company  completed a  definitive  agreement  to acquire
ProtectServe  Pacific  Limited,  a  Hong  Kong  corporation  (PSP),  in a  Share
Exchange.  The terms of the Share  Exchange  provided  that the Company  issue a
total of 37,500,000  shares of common stock,  on a post  consolidation  basis in
consideration of 100% of the issued and outstanding stock of PSP. PSP has become
a wholly owned subsidiary.

     The Agreement  further  provided that in the event the net after tax profit
for PSP (under US GAAP) is less than  $9,000,000  (Hong Kong) for period  ending
December 31, 2002,  the Company shall have the right to  repurchase  shares from
the former PSP  shareholders,  pro rata,  at $.001 per share.  THe  formula  for
computing  repurchase  shares was for every  $333,333 (Hong Kong) that PSP falls
short of the $9,000,000 (Hong Kong) net profit target, the Company had the right
to repurchase  one million shares on five days written  notice.  In 2003 to date
the Company  exercised its rights and  reacquired  14,500,000  shares which have
been retired to treasury.

     Protectserve Pacific Ltd (PSP ) is a developer and provider of Surveillance
Monitoring  Control Systems,  Data Acquisition  Systems,  Internet  Services and
Wireless  Communication  Systems.  PSP  offers a broad  range of video and audio
monitoring  systems  under a brand name  "GeniusEye"  which are used for various
purposes such as security surveillance,  remote business management,  monitoring
of unmanned premises and equipment and traffic control. GeniusEye Systems enable
users to observe and monitor  through  personal  computers  what is happening in
remote sites via phone lines, ISDN, GSM, Intranet and Internet. The systems also
integrate  digital  video  and  audio  recording,   remote  camera  control  and
intelligent  alarm  functions  It  offers  many  technical  advantages  over the
conventional CCTV technology currently available.

                                       2

<PAGE>

     The  applications of the GeniusEye  Systems by existing users are mainly in
the  areas  of  remote  business   management  which  include  retail  operation
management,    remote     manufacturing/warehousing     operation    management,
property/building  management and monitoring of unmanned premises and equipment.
Along with the advancement of technology,  in particular the Internet  industry,
the Company believes that the applications of GeniusEye Systems can be extended,
especially in the area of e-promotion, e-commerce and m-commerce.

     GeniusEye  Systems are offered at lower cost,  higher  performance and more
cost effective  than any other similar device on the market.  It can be deployed
for either fixed or mobile usage,  using wired or wireless signal  distribution.
PSP is introducing the GeniusEye Systems on a worldwide basis starting from Hong
Kong,  Greater China and Asia Pacific region.  The company believes the products
can compete in a growing market for remote video surveillance.

     PSP's business  model relies on a  multi-stream  revenue base including the
sale of GeniusEye  Systems,  OEM or licensing of the core technology to industry
leaders for  integration  with their  products  and fees from  back-end  support
services realized through  international sales by authorized  distributors.  PSP
has revenues, and has international distributors for GeniusEye Systems.

     Due to declining sales and high volume of receivables,  on August 19, 2002,
the Company sold its ownership of shares in Infotech Networks & Cabling Limited,
the  network/cable  installation  subsidiary  of PSP in  China  to  Simon  Wong,
formerly a Director,  who resigned in July 2002. The purchase  consideration was
as follows:  The purchase price is  HK$15,442,800  (Fifteen Million Four Hundred
Forty-Two Thousand and Eight Hundred HK Dollars) comprising of cash HK$1,200,000
(One Million and Two Hundred  Thousand)  and  8,300,000 of The Link Group,  Inc.
shares  valued at  US$0.22  (HK$1.716)  to the  Vendor.  Cash has to be  payable
according to the following schedule:  HK$400,000 Deposit upon signing HK$200,000
On or before  September  30,  2002  HK$200,000  On or before  October  31,  2002
HK$200,000 On or before  November 30, 2002  HK$200,000 On or before December 31,
2002 The Company sold its interest because of continued operating losses for the
subsidiary  and the  unfavorable  outlook  for the  foreseeable  future for such
subsidiary.  The management  believes the sale will a) provide return of part of
capital invested for other uses, b) reduce outstanding shares of the Company, c)
reduce operating losses of the Company,  d) reduce capital outlays  attributable
to the network/cabling subsidiary.

     Parent:  The Link Group, Inc.

     Subsidiary (as of March 2002):  Protect Serve Pacific  Limited (a Hong Kong
corporation) is 100% owned by Registrant.

On  March 3,  2003,  the  Company  announced  that it has  completed  a  private
placement of 3,000,000  shares at $0.07 per share for proceeds of $210,000.  The
funds will be used for general corporate purposes.

Administrative Offices

     The Company currently  maintains an administrative  office at Suite 950-789
West Pender  Street,  Vancouver,  B.C.  Canada V6C 1H2.  Other than this mailing
address, the Company does not currently maintain any other administrative office
facilities,  and does not  anticipate  the need for  maintaining  administrative
office  facilities  at any time in the  foreseeable  future.  The  Company  pays
monthly rent of $750 Canadian plus 7% GST (about US$ 530 total)for this address.

Employees

     At March 31, 2003,  the Company had 12 employees in its PSP  subsidiary in
Hong Kong.

                                       3
<PAGE>

Item 2.  PROPERTIES
         ----------

         Facilities

     The Company  currently  maintains  an office at Suite  950-789  West Pender
Street,  Vancouver,  B.C. Canada V6C 1H2, and the primary  offices of its wholly
owned  subsidiary are at 1101 - 2 Electric Road, North Point, in Hong Kong which
consists of 3200 sq. ft. leased from Sino Real Estate Co. Ltd., a nonaffiliate.

         Real Property

         None

         Mineral Properties

         None

Item 3.  LEGAL PROCEEDINGS
         -----------------

         As of December 31, 2002, the Company was neither a party nor were any
of its assets subject to any legal proceedings.

Item 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
         ---------------------------------------------------

     The  following  matters were  submitted  during the period  covered by this
report to a vote of security holders of the Company, through the solicitation of
proxies or otherwise.

     In February,  2002, the following  matters were submitted to a shareholders
vote and were approved.

1.   To authorize the reverse split (pro-rata  reduction of outstanding  shares)
     of the issued and outstanding common shares of the Company, at the ratio of
     one new share of common  stock for each 4 shares of common stock now issued
     and  outstanding  (to be effective  ten days  following the meeting) and to
     amend the  Articles of  Incorporation  as  necessary to reflect the reverse
     split.  No shareholder  will be reduced below fifty shares of common stock.
     There  will not be a  reduction  in  authorized  shares,  as  result of the
     reverse split.

2.   To authorize the Directors to amend the Articles of Incorporation to change
     the name of the Company to a name to be determined in the discretion of the
     Board of Directors.  ("The Link Group, Inc." was the new name chosen.)

3.   To  authorize  the  Directors  to amend the  Articles of  Incorporation  to
     authorize the increase of the authorized common stock to 200,000,000 common
     shares @ $.0001 per share.

                                       4
<PAGE>

                                     PART II

Item 5.  MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS
         ---------------------------------------------------------------------

The Company common stock is traded on the NASD  Electronic  Bulletin Board under
the symbol - "LNKG".  The following  table sets forth high and low bid prices of
its common stock for the year ended December 31, 2002 as follows:

                                          Bid (U.S. $)
                                     HIGH             LOW
                                    ----             ---
--------------------------------------------------------
2002
--------------------------------------------------------
First Quarter                       0.25             0.01
Second Quarter                      0.53             0.25
Third Quarter                       0.51             0.48
Fourth Quarter                      0.51             0.41


     As of  December  31,  2002,  there  were  about 100  record  holders of the
Company's common Stock.


Item 6. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
        -----------------------------------------------------------------------
OF OPERATIONS
- -------------

           The information presented here should be read in conjunction with The
Link Group Inc.'s consolidated financial statements and related notes.

RESULTS OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 2002 AS COMPARED TO THE 11
MONTHS ENDED DECEMBER 31, 2001.

The Company had $364,442 in sales revenue in Fiscal year ended December 31, 2002
as compared to $998,793 in 2001. The company  incurred cost of sales of $259,257

                                       5
<PAGE>

in the fiscal year ended  December  31, 2002  compared to $342,425 in 2001.  The
Company  had  expenses  of  1,170,511  compared to expenses of $485,622 in 2001.
There was a loss from  discontinued  operations  of $375,202  resulting in a net
loss of  ($1,521,395)  in  fiscal  year  ended in 2002  compared  to a profit of
$143,077  in fiscal  year ended in 2001.  The net loss per share was  ($0.04) in
fiscal year ended  December 31, 2002  compared to a profit per share of $0.02 in
the fiscal year ended on December 31, 2001.

Net operating cash flows decreased to a negative cash flow of ($656,560) in 2002
from a  positive  cash  flow of  $168,164  in  2001.  Net  loss  for  the  year,
discontinued  operations,  lower sales and changes in working  capital items are
the main  contributing  factors to the  year-over-year  change in operating cash
flow. Net cash flow used in investing activities increased to ($526,880) in 2002
from  ($221,663) in 2001.  The trend of operating  losses could  continue due to
fixed and variable costs,  which precede  development of additional  revenue for
the Company.

LIQUIDITY AND CAPITAL RESOURCES

         The Company had cash capital of $11,717 at year-end 2002.

     The Company has no other  capital  resources  other than the ability to use
its common  stock to achieve  additional  capital  raising.  The Company  raised
US$210,000 in a private  placement of common stock in March 2003 for operations.
It has equipment of $458,017 on the books,  which is not  necessarily  liquid at
such value. Other than its current assets, its other assets would be illiquid.

   At the fiscal year-end it had $349,683 in current assets and current
liabilities of $1,119,653,for a deficit of ($769,970).

     The cash  capital at the end of the period of $11,717  will be used to fund
continued operations. The March 2003 private placement of common stock at $0.07,
will provide $200,000 (less $10,000 commission) in working capital.  The Company
has to expend funds to cover  operating  expenses of operations in Hong Kong and
China.

                                       6
<PAGE>
Changes in Financial Condition:

     In 2002 the Company  acquired  Protect Serve Pacific,  LTD (PSP) in a share
exchange.  PSP is the  marketer  and  installer  of video and  audio  monitoring
systems in Hong Kong and mainland China Sales last year totalled  $364,442.  Due
to  declining  sales,  operating  losses and a high volume of  receivables,  the
company sold its installation subsidiary to Simon Wong, formerly a Director. The
transaction  was  approved by the Board after Mr. Wong  resigned.  The  purchase
price  consisted  of about  $154,000USD  payable in  installments  in 2002.  All
intstallments  were paid.  Mr.  Wong also  surrendered  for return to treasury a
total of 8,300,000 common shares of the company.

   At year-end 2002 Company assets had decreased to $807,700 compared to
$1,463,805 at year 2001. The current assets totaled $349,684 at 2002 year-end
compared to $945,574 at 2001 year-end. Total liabilities at year-end 2002 were
$1,213,305 compared to $598,544 at 2001 year-end. At December 31, 2002 the
Company had $11,717 in cash compared to $247,813 a year ago.

Need for Additional Financing:

   The Company believes it has sufficient capital to meet its short term cash
needs, including the costs of compliance with the continuing reporting
requirements of the Securities Exchange Act of 1934. It will have to seek
loans or equity placements to cover longer term cash needs to continue
operations and expansion. A private placement of 3,000,000 shares at $0.07 was
completed in March 2003. No commitments to provide additional funds have been
made by management or other stockholders. Accordingly, there can be no assurance
that any additional funds will be available to the Company to allow it to cover
operations expenses.

  If future revenue declines, or operations are unprofitable, it will be forced
to develop another line of business, or to finance its operations through the
sale of assets it has, or enter into the sale of stock for additional capital,
none of which may be feasible when needed.

     From the aspect of  whether it can  continue  toward the  business  goal of
maintaining and expanding the current business,  it may use all of its available
capital without generating a profit.

  The effects of inflation have not had a material impact on its operation, nor
is it expected to in the immediate future.

  Although the Company is unaware of any major seasonal aspect that would have a
material effect on the financial condition or results of operation, the first
quarter of each fiscal year is always a financial concern. It is not uncommon
for companies to shut down their operation or operate on a skeletal crew during
the Chinese New Year holiday. Therefore in effect, the first quarter really has
only two months for generating revenue.

Market Risk:

  The Company does not hold any derivatives or investments that are subject to
market risk. The carrying values of any financial instruments, approximate fair
value as of those dates because of the relatively short-term maturity of these
instruments which eliminates any potential market risk associated with such
instruments.

                                       7
<PAGE>

 The Company has no plans for any research and  development  in the next
twelve  months.  The Company has no plans at this time for purchases or sales of
fixed assets which would occur in the next twelve months.

         The Company has no expectation or anticipation  of significant  changes
in number of  employees  in the next twelve  months,  however,  if it achieves a
business  acquisition,  it may acquire or add employees of an unknown  number in
the next twelve months.

Going Concern Risk
..
         The Company's  auditor has issued a "going  concern"  qualification  as
part of his opinion in the Audit Report.

     There is substantial  doubt about the ability of the Company to continue as
a "going concern." The Company has no developed  business,  no capital,  current
debt in excess of $1,119,653,  all of which is current,  no cash, no assets, and
no capital  commitments.  The  company  has  negotiated  a software  license for
marketing and has marketing rights for Tomigel and has signed a letter of intent
with regard to the Software License. The effects of such conditions could easily
be to cause the Company's bankruptcy, except there are no assets to liquidate in
Bankruptcy.

     The Company has incurred  significant  losses from  operations for the year
ended December 31, 2002, and such losses are expected to continue.  In addition,
the  company  had a working  capital  deficit of  ($769,970)  for the year ended
December 31, 2002. The foregoing  raises  substantial  doubt about the Company's
ability to continue  as a going  concern.  Management's  plans  include  seeking
additional  capital  and/or debt  financing or the possible sale of the Company.
There is no guarantee  that  additional  capital  and/or debt  financing will be
available when and to the extent required,  or that if available,  it will be on
terms acceptable to the Company.  The consolidated  financial  statements do not
include any adjustments that might result from the outcome of this uncertainty.

     The  Company  has  received  an  opinion  from  its  independent   auditors
containing an explanatory paragraph that describes such auditors' uncertainty as
to the  Company's  ability to continue as a going  concern due to the  Company's
negative  cash  flow.  As of the date the  independent  auditors  rendered  this
opinion, the Company did not have access to sufficient committed capital to meet
the Company's  projected operating needs for at least the next twelve months. If
the Company  does not achieve  positive  operating  results  within the next few
months, then it will require additional financing. If positive operating results
are not achieved in the short term, then the Company intends to take measures to
reduce expenditures so as to minimize its requirements for additional financing,
which financing may not be available on terms  acceptable to the Company,  if at
all. Such measures may include reduction of the Company's cost of operations and
restructuring employee compensation packages. There can be no assurance that the
Company  will be able to  generate  internally  or  raise  sufficient  funds  to
continue the Company's  operations,  or that the Company's  independent auditors
will not issue another opinion with a going concern qualification. The Company's
consolidated  financial statements do not include any adjustments to reflect the
possible future affects on the  recoverability  and  classification of assets or
the amounts and classification of liabilities that may result from the Company's
possible inability to continue its operations.

                                       8

<PAGE>




Item 7.  Financial Statements and Supplementary Data
         -------------------------------------------

                  Please refer to pages F-1 through F-9.

Item 8.  Changes in and Disagreements on Accounting and Financial Disclosure
         -------------------------------------------------------------------

        None.


                                    PART III

Item 9.  Directors and Executive Officers of the Registrant and Compliance with
         ----------------------------------------------------------------------
         Section 16(a)
         -------------

The directors and executive officers of the Company as of December 31, 2002, are
as follows:

<TABLE>
<CAPTION>

 Name                               Age              Position                                    Term
- ------                             -----             --------                                   ------
<S>                                 <C>              <C>                                         <C>
Justin Kwei                         48               President, Director                         Annual
                                                     (Resigned as President
                                                     and Director in 2003)

Ernest Cheung                       52               Secretary/CFO                               Annual

Wilson Yim                          46               Director                                    Annual
                                                     (Resigned in 2003)

Maurice Tsakok                      51               Director                                    Annual

Thomsen Lee                         48               Director                                    Annual
                                                     (as of 2003)
</TABLE>

                                       9
<PAGE>


     ERNEST  CHEUNG,  age 52, has been  Director/CFO  and  Secretary of The Link
Group,  Inc. since January 2002. He was appointed as a Director and President of
The Link Group , Inc. in December  2001.  He resigned as President in early 2002
and became Secretary to The Link Group,  Inc. He received a B.A. in Math in 1973
from University of Waterloo Ontario. He received an MBA in Finance and Marketing
from  Queen's  University,  Ontario  in  1975.  From  1991 to  1993 he was  Vice
President  of Midland  Walwyn  Capital,  Inc. of Toronto,  Canada,  now known as
Merrill  Lynch  Canada.  From 1992  until 1995 he served as Vice  President  and
Director of Tele Pacific  International  Communications Corp. He has also served
as President for Richco  Investors,  Inc. since 1995. He is currently a Director
of Agro International  Holdings, Inc. since 1997, Xin Net Corp. since 1998, Spur
Ventures,  Inc. since 1997, Richco Investors,  Inc. since 1995 and Drucker, Inc.
since 1997. In 2000, he became President and a Director of China NetTV Holdings,
Inc.

Mr. Cheung is an officer or director in the following public companies:


<TABLE>
<CAPTION>

Name of Issuer                      Symbol  Market   Position     From     To         Business
- --------------                      ------  ------   --------     ----     --         --------
<S>                                 <C>     <C>      <C>          <C>      <C>        <C>
Agro International Holdings Inc.    AOH     CDNX     President    Jan-97   Current    Agriculture
China NetTV Holdings Inc.*          CTVH    OTCBB    President    May-00   Current    Set-Top Box Technology
Drucker, Inc.*.                     DKIN    OTCBB    Secretary    Apr-97   Current    Oil & Gas
ITI World Investment Group Inc.     IWI.A   CDNX                  Jun-98   Current    Beverage Distribution
NetNation Communications Inc.       NNCI    Nasdaq Small Cap.     Apr-99   Current    Domain Name
                                                                                      Registration
Richco Investors Inc.               YRU.A   CDNX     President    May-95   Current    Financial, Management,
                                                                                      Capital Market Services
Spur Ventures Inc.                  SVU     CDNX                  Mar-97   Current    Fertilizer
The Link Group Inc.*                LNKG    OTCBB    Secretary    Dec-01   Current    Internet Surveillance
Xin Net Corp.*                      XNET    OTCBB    Secretary    Mar-97   Current    China Internet
</TABLE>

* Reporting Companies in US

         He has held a Canadian Securities license but is currently inactive. He
has been a Director and Secretary of Registrant since January 1997.


     MAURICE  TSAKOK,  age 51, was employed  from 1994 to 1996,  by Sagit Mutual
Funds,  as Vice President  responsible  for computer  operations and research on
global technology  companies.  From 1997 to present, he acted as a consultant on
the high-tech industry and provides  technical analysis on high-tech  companies.
He holds a Mechanical  Engineering  degree from  University of Minnesota in 1974
and MBA  specializing  in  Management  Information  Systems ( MIS ) from Hofstra
University  in 1996.  From 1997 to date,  he has been a  principal  director  in
Gemsco Management Ltd. He was a Director of Drucker, Inc. from 1997 to date, and
he was a Director of XIN NET Corp.  from 1997 to date. He has been a Director of
The Link Group,  Inc. since 2001. He was Secretary of The Link Group, Inc. until
early 2002 when he resigned.

                                       10
<PAGE>

     Justin Kwei, aged 48, Formerly  President and director,  (2002-2003) of The
Link Group is a founder,  director and Chief  Executive  Officer of Protectserve
Pacific Ltd (since  2001) and  Director of Infotech  Networks  and Cabling  Ltd.
(2000 to date).  He is  responsible  for the overall  corporate  management  and
business  development of the Group.  He has over 22 years of extensive  business
marketing and  management  experience in the IT industry.  Prior to the existing
position with Protectserve,  he held many senior sales management positions with
multinational  companies.  He  was  North  Asia  Commercial  Director  for  SITA
Information  Networking  Computing  B.V. from 1996 to 2001. He was Greater China
Director  of Sales for  Anixter  Inc from  1990 to 1996.  He also held key sales
positions with major IT vendors including Digital Equipment Corp ( now Compaq ),
Data  General  and Cable & Wireless  in the  1980s.  He  received a Bachelor  of
Administration  and MBA from  University  of  Ottawa,  Ontario  in 1996 and 1998
respectively.  In January 2001, he was accredited as Honorary Consul of Republic
of Rwanda  for Hong Kong SAR and  Macau  SAR.  He was  appointed  President  and
Director  in March  2002 of The  Link  Group,  and  resigned  in  March  2003 as
President and Director.

     Wilson Yim, age 46, is the Chief Technology Officer of Protectserve Pacific
Ltd. and Director since 2001, and Director of Infotech Networks and Cabling Ltd.
He has over 20 years extensive IT development and project management  experience
covering all aspects of the development cycle from analysis and  specifications,
support and facilities  management.  From 1998 to 2000, he was Managing Director
of  Web  Net  H.K.  Ltd,  a  leading  e-commerce  company  specializing  on  the
development of internet,  intranet and  web-hosting  applications.  From 1990 to
1998, he was Technical  Director for Suntech Ltd, a RF and VCD  manufacturer  in
Hong Kong. From 1980 to 1990, he was Chief Technology Officer for Anocomtech ATM
Ltd, a Toronto  listed company  manufacturing  and marketing  personal  computer
across Canada.  He received a Technologist  High Diploma from Senecca College of
Applied Science & Technology in 1979.  He was appointed Director of The Link
Group in March 2002, and resigned in March 2003.

     Thomson Lee, 48 was appointed  President  and Director in 2003.  Mr. Lee is
currently  Director of Railway Optical Fiber Information & Technology Co Ltd, an
Associate Company of China Railway  Communication in China. He has over 23 years
of IT business in retail marketing and products distribution. In early 2000, Mr.
Lee had been  appointed as Vice Chair- man of eCyber China  Holdings Ltd, a Hong
Kong Public Listed Company.  His major contribution  included  implementing over
4,000  muti-media  telephone  booths and smart card  technology  in the  railway
stations of all major cities in China which had created substantial  advertising
and new revenue to the Group. During the same period, he had developed two major
property web sites in China, namely CRED.net and PRCproperty.com in his capacity
as the Director of China Real Estate  Development  Group.  From 1980 to 2000, he
was the  Managing  Director of  "Unihall," a reputable  retail and  distribution
company  for  Computer  Software  and  Publication  in Hong Kong and  China.  He
graduated  from McMaster  University,  Ontario,  Canada.  with a B. Sc degree in
1979.

     No officer or director  position nor  appointee  for director  position has
been the subject of any civil regulatory  proceeding or any criminal  proceeding
in the past five years.

         The term of office of each director and executive officer ends at, or
immediately after, the next annual meeting of shareholders of the Company.
Except as otherwise indicated, no organization by which any director or officer
has been previously employed is an affiliate, parent or subsidiary of the
Company.



                                        11

<PAGE>


Section 16(a) of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), requires the Company's officers and directors, and persons who
own more than 10% of a registered class of the Company's equity securities, to
file reports of ownership and changes in ownership of equity securities of the
Company with the Securities and Exchange Commission and NASDAQ. Officers,
directors and greater-than 10% shareholders are required by the Securities and
Exchange Commission regulation to furnish the Company with copies of all Section
16(a) filings.

Based on company records 16(a) Filing Status in 2002 was as follows:

                                  Late Filings
                                  ------------
                       (0) = not filed as of date hereof.


                         Form 3        Form 4            Form 5
                         ------        ------            ------

Xin Net Corp.             1              1                 1
- ------------------------------------------------------------------------------
Ernest Cheung             1              1                 1
- ------------------------------------------------------------------------------
Maurice Tsakok            1              1                 1
- ------------------------------------------------------------------------------
Justin Kwei               0              0                 0
--------------------------------------------------------------------------------
Wilson Yim                0              0                 0
--------------------------------------------------------------------------------
Simon Wong                0              0                 0
--------------------------------------------------------------------------------
Carl Urich &              1              1                 0
Edna Urich
--------------------------------------------------------------------------------
Mark Urich                1              1                 1
--------------------------------------------------------------------------------


                                       12
<PAGE>

Item 10. Executive Compensation

         The Company accrued or paid compensation to the executive
officers as a group for services rendered to the Company in all capacities
during the fiscal year ended December 31, 2002 as shown in following table:

<TABLE>
<CAPTION>

                    SUMMARY COMPENSATION TABLE OF EXECUTIVES
                          Year Ended December 31, 2002

                                    Annual Compensation                         Awards
======================== ========= ========== ============= ======================= ====================== ======================
<S>                      <C>       <C>        <C>           <C>                     <C>                    <C>
Name and Principal                                                                                         Securities
Position                           Salary     Bonus ($)     Other Annual            Restricted Stock       Underlying
                         Year      ($)                      Compensation ($)        Award(s)($)            Options/SARs(#)
- ------------------------ --------- ---------- ------------- ----------------------- ---------------------- ----------------------
======================= ========= ========== ============= ======================= ====================== ======================
Thomson Lee,
Director, President      2002      0          0             0                       0                      0
(2003)                   --------- ---------- ------------- ----------------------- ---------------------- ----------------------
======================== ========= ========== ============= ======================= ====================== ======================

Ernest Cheung,           2002      0          0             $16,500                 0                      0
Secretary/Treasurer
(President, January to
March 2002)
- ------------------------ --------- ---------- ------------- ----------------------- ---------------------- ----------------------
Carl Urich
(resigned 2001)          2001      0          0             0                       0                      0
- ------------------------ --------- ---------- ------------- ----------------------- ---------------------- ----------------------
Edna Urich
(resigned 2001)          2000      0          0             0                       0                      0
- ------------------------ --------- ---------- ------------- ----------------------- ---------------------- ----------------------


======================== ========= ========== ============= ======================= ====================== ======================
Justin Kwei,
(President March
2002-2003)               2002      0          0             0                       0                      0
                         --------- ---------- ------------- ----------------------- ---------------------- ----------------------

                         2001      0          0             0                       0                      0
                         --------- ---------- ------------- ----------------------- ---------------------- ----------------------

                         2000      0          0             0                       0                      0
======================== ========= ========== ============= ======================= ====================== ======================
Maurice Tsakok           2001      0          0             0                       0                      0
Secretary                2002      0          0             0                       0                      0
(resigned 2002)
====================================================================================================================================


</TABLE>

                                       13
<PAGE>

         The Company has no employee incentive stock option plan.

     There  are  no  plans  pursuant  to  which   additional  cash  or  non-cash
compensation was paid or distributed during the last fiscal year, or is proposed
to be paid or  distributed  in the  future,  to the  executive  officers  of the
Company.  No other  compensation  not  described  above was paid or  distributed
during the last fiscal year to the executive officers of the Company.  There are
no compensatory  plans or arrangements,  with respect to any executive office of
the Company, which result or will result from the resignation, retirement or any
other  termination of such  individual's  employment  with the Company or from a
change  in   control   of  the   Company   or  a  change  in  the   individual's
responsibilities following a change in control.

         Option/SAR Grants Table (None)

     Aggregated  Option/SAR  Exercises in Last Fiscal Year and FY-End Option/SAR
value (None)

         Long Term Incentive Plans - Awards in Last Fiscal Year (None)

<TABLE>
<CAPTION>

                                     DIRECTOR COMPENSATION FOR LAST FISCAL YEAR

(Except for compensation of Officers who are also Directors which Compensation
is listed in Summary Compensation Table of Executives)

                                     Cash Compensation                  Security Grants
Name                              Annual Retainer   Meeting Fees   Consulting            Number of     Number of Securities
                                  Fees ($)          ($)            Fees/Other Fees ($)   Shares (#)    Underlying Options/SARs(#)
- --------------------------------- ----------------- -------------- --------------------- ------------- ---------------------------
<S>                               <C>               <C>            <C>                   <C>           <C>
A. Director                       0                 0              0                     0             0
Justin Kwei
(resigned 2003)

B. Director                       0                 0              0                     0             0
Ernest Cheung

C. Director                       0                 0              0                     0             0
Maurice Tsakok

D. Director                       0                 0              0                     0             0
Thomsen Lee
(appointed 2003)

E. Director                       0                 0              0                     0             0
Simon Wong
(Resigned 2002)

F. Director                       0                 0              0                     0             0
Wilson Yim
(resigned 2003)

</TABLE>

Aggregated  Option/SAR  Exercises in Last Fiscal Year and FY-End Option/SAR
value (None)

                                       14
<PAGE>

<TABLE>
<CAPTION>


Item 11. Security Ownership of Certain Beneficial Owners and Management




         The following table sets forth information, as of December 31, 2001,
with respect to the beneficial ownership of the Company's no par value common
stock by each person known by the Company to be the beneficial owner of more
than five percent of the outstanding common stock, and each officer and director
of the company.

                                                      Number of                 Percentage of
                  Name                              Shares Owned                    Class
                                                     (common)
- -------------------------------------------- --------------------------- ----------------------------
<S>                                             <C>                              <C>



Xin Net Corp.                                   15,370,675 (2)                   34%
Suite 950-789 West Pender Street
Vancouver, B.C. Canada
V6C 1H2

Thomson Lee                                     0                                 0
Suite 950-789 West Pender Street
Vancouver, B.C. Canada
V6C 1H2

                                       15
<PAGE>

- -------------------------------------------- --------------------------- ----------------------------
Ernest Cheung, Secretary/Treasurer, Director    370,675 (1)(2)(3)                 .8%
Suite 950-789 West Pender Street                15,370,675 through XIN NET Corp.
Vancouver, B.C. Canada                          (4)                               (35%)
V6C 1H2
- -------------------------------------------- --------------------------- ----------------------------
Maurice Tsakok                                  370,675 (2)(3)                    .8%
Suite 950-789 West Pender Street                15,370,675 through XIN NET Corp.
Vancouver, B.C. Canada                          (4)                               (35%)
V6C 1H2
- -------------------------------------------- --------------------------- ----------------------------
Justin Kwei                                    16,100,000 (including 2,000,000    35%
Suite 950-789 West Pender Street               shares owned by spouse) (1)(3)(5)
Vancouver, B.C. Canada
V6C 1H2

Wilson Yim                                      5,400,000 (including 2,000,000
Suite 950-789 West Pender Street                 shares owned by spouse)(3)       12%
Vancouver, B.C. Canada                          (5)
V6C 1H2

Officers and Directors as a group               36,870,675 (4)                    83%
at 12/31/02

</TABLE>

(1) Officer
(2) XIN NET Corp. is beneficially controlled by Ernest Cheung and Maurice
    Tsakok who are members of the Board of Directors and officers of XIN NET
    Corp.
(3) Director
(4) Including XIN NET Corp shareholding through interlocking control.
(5) Resigned 2003

                                       16

<PAGE>


                                     PART IV

Item 12. Certain Relationships and Related Transactions.
         ----------------------------------------------

     On December 21, 2001, XIN NET Corporation purchased 3,882,700 shares of the
Company  from  Carl and  Edna  Urich  and Mark  Urich.  The  position  purchased
constituted 71% of the issued and outstanding common stock at such date.

Transactions with Management and Others

     Messrs. Cheung and Tsakok,  Directors and officers of the Company, are also
Directors of XIN NET Corp.  and  affiliates of XIN NET Corp.  Through direct and
indirect  shareholdings.  XIN  NET  Corp.,  subsequent  to  December  31,  2001,
purchased  an  additional  14,000,000  shares of common  stock for  $600,000 and
special warrants convertible to 10,875,000 shares before January 31, 2004, which
were not exercised.

     In March 2002,  the Company  completed a  definitive  agreement  to acquire
ProtectServe  Pacific  Limited,  a  Hong  Kong  corporation  (PSP),  in a  Share
Exchange.  The terms of the Share  Exchange  provided  that the Company  issue a
total of 37,500,000  shares of common stock,  on a post  consolidation  basis in
consideration of 100% of the issued and outstanding stock of PSP. PSP has become
a wholly  owned  subsidiary.Protectserve  Pacific Ltd (PSP ) is a developer  and
provider of Surveillance  Monitoring Control Systems,  Data Acquisition Systems,
Internet Services and Wireless Communication Systems.

     The Agreement  further  provided that in the event the net after tax profit
for PSP (under US GAAP) is less than  $9,000,000  (Hong Kong) for period  ending
December 31, 2002,  the Company shall have the right to  repurchase  shares from
the former PSP  shareholders,  pro rata,  at $.001 per share.  THe  formula  for
computing  repurchase  shares is: For every  $333,333 (Hong Kong) that PSP falls
short of the $9,000,000  (Hong Kong) net profit  target,  the Company shall have
the right to repurchase one million shares on five days written notice.

                                       17
<PAGE>

In 2003, the Company exercised its repurchase rights and reacquired 14,500,000
shares from the PSP principals. In 2002, the Company reacquired 8,300,000 from
Simon Wong incojunction with the sale of Infotech Networks and Cabling (See
below).

     As a result of the  acquisition,  Simon  Wong  received  8,300,000  shares,
Justin Kwei received 16,100,000, and shares Wilson Yim received 5,400,000 shares
and such individuals became Directors of the Company.

Due to declining sales and high volume of  receivables,  on August 19, 2002, the
Company sold its ownership of shares in Infotech Networks & Cabling Limited, the
network/cable  installation subsidiary of PSP in China to Simon Wong, formerly a
Director,  who resigned in July 2002. The purchase consideration was as follows:
The purchase  price is  HK$15,442,800  (Fifteen  Million Four Hundred  Forty-Two
Thousand and Eight  Hundred HK Dollars)  comprising  of cash  HK$1,200,000  (One
Million and Two Hundred  Thousand) and 8,300,000 of The Link Group,  Inc. shares
valued at US$0.22 (HK$1.716) to the Vendor.  Cash has to be payable according to
the following schedule:  HK$400,000 Deposit upon signing HK$200,000 On or before
September  30, 2002  HK$200,000 On or before  October 31, 2002  HK$200,000 On or
before  November 30, 2002  HK$200,000 On or before December 31, 2002 The Company
sold its interest  because of continued  operating losses for the subsidiary and
the unfavorable  outlook for the  foreseeable  future for such  subsidiary.  The
management  believes the sale will a) provide return of part of capital invested
for other uses, b) reduce outstanding shares of the Company, c) reduce operating
losses  of  the  Company,   d)  reduce  capital  outlays   attributable  to  the
network/cabling subsidiary.


                                       18
<PAGE>



Item 13. Exhibits and Reports on Form 8-K
         --------------------------------

                  The following documents are filed as part of this report:

                  1.       Reports on Form 8-K:

                           8-K filed November 26, 2002
                           8-K filed September 5, 2002
                           8-K filed August 12, 2002
                           8-K 12g3 filed April 19, 2002
                           8-K filed March 26, 2002
                           8-K/A filed March 8, 2002
                           8-K filed February 28, 2002
                           8-K filed February 21, 2002
                           8-K/A filed February 20, 2002
                           8-K/A filed February 15, 2002
                           8-K filed February 8, 2002
                           8-K filed February 6, 2002
                           8-K filed January 25, 2002

                  2.       Exhibits:

                           None


Item 14. Control and Procedures
         ----------------------

Evaluation of Internal and Disclosure Controls
----------------------------------------------

     The  management  of the  company has  evaluated  the  effectiveness  of the
issuer's disclosure controls and procedures as of a date within 90 days prior to
the filing  date of the report  (evaluation  date) and have  concluded  that the
disclosure  controls and procedures are adequate and effective  based upon their
evaluation as of the evaluation date.

     There were no significant  changes in internal controls or in other factors
that could significantly  affect internal controls subsequent to the date of the
most recent evaluation of such,  including any corrective actions with regard to
significant deficiencies and material weaknesses.

                                       19

<PAGE>


                                   SIGNATURES

         Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.

                                            THE LINK GROUP, INC.
                                            (Registrant)

Date: April 25, 2003
                                            /s/Thomsen Lee
                                            ------------------------------------
                                            Thomsen Lee, President

                                            /s/Ernest Cheung
                                            ------------------------------------
                                            Ernest Cheung, CFO

                                            DIRECTORS:


                                            /s/Maurice Tsakok
                                            ---------------------------------
                                            Maurice Tsakok

                                            /s/Thomsen Lee
                                            ---------------------------------
                                            Thomsen Lee

                                            /s/Ernest Cheung
                                            ---------------------------------
                                            Ernest Cheung

                                       20






<PAGE>
                       CERTIFICATION PURSUANT TO SECTION
                         302 OF THE SARBANES OXLEY ACT


I, Thomsen Lee, certify that:

1. I have  reviewed  this  annual  report on Form  10-KSB of  The Link Group,
Inc.;

2. Based on my knowledge, this annual report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this annual
report;

3. Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this annual report;

4. The registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:

a) designed such disclosure controls and procedures to ensure that material
information relating to the registrant, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the
period in which this annual report is being prepared;

b) evaluated the effectiveness of the registrant's disclosure controls and
procedures as of a date within 90 days prior to the filing date of this annual
report (the "Evaluation Date"); and

c) presented in this annual report our conclusions about the effectiveness of
the disclosure controls and procedures based on our evaluation as of the
Evaluation Date;

5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation, to the registrant's auditors and the audit committee of
registrant's board of directors (or persons performing the equivalent
functions):

a) all significant deficiencies in the design or operation of internal controls
which could adversely affect the registrant's ability to record, process,
summarize and report financial data and have identified for the registrant's
auditors any material weaknesses in internal controls; and

<PAGE>

b) any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal controls; and

6. The registrant's other certifying officers and I have indicated in this
annual report whether there were significant changes in internal controls or in
other factors that could significantly affect internal controls subsequent to
the date of our most recent evaluation, including any corrective actions with
regard to significant deficiencies and material weaknesses.

Date: April 23, 2003


/s/Thomsen Lee
-----------------------
Thomsen Lee, President

<PAGE>
                        CERTIFICATION PURSUANT TO SECTION
                          907 OF THE SARBANES OXLEY ACT


I, Ernest Cheung, certify that:

1. I have  reviewed  this  annual  report on Form  10-KSB of  The Link Group,
Inc.;

2. Based on my knowledge, this annual report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this annual
report;

3. Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this annual report;

4. The registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:

a) designed such disclosure controls and procedures to ensure that material
information relating to the registrant, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the
period in which this annual report is being prepared;

b) evaluated the effectiveness of the registrant's disclosure controls and
procedures as of a date within 90 days prior to the filing date of this annual
report (the "Evaluation Date"); and

c) presented in this annual report our conclusions about the effectiveness of
the disclosure controls and procedures based on our evaluation as of the
Evaluation Date;

5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation, to the registrant's auditors and the audit committee of
registrant's board of directors (or persons performing the equivalent
functions):

a) all significant deficiencies in the design or operation of internal controls
which could adversely affect the registrant's ability to record, process,
summarize and report financial data and have identified for the registrant's
auditors any material weaknesses in internal controls; and

<PAGE>

b) any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal controls; and

6. The registrant's other certifying officers and I have indicated in this
annual report whether there were significant changes in internal controls or in
other factors that could significantly affect internal controls subsequent to
the date of our most recent evaluation, including any corrective actions with
regard to significant deficiencies and material weaknesses.

Date: April 23, 2003


/s/Ernest Cheung
-----------------------
Ernest Cheung, CFO



<PAGE>

                              THE LINK GROUP, INC.

                  REPORT AND CONSOLIDATED FINANCIAL STATEMENTS

                           December 31, 2002 and 2001

                             (Stated in US Dollars)



<PAGE>



The Link Group, Inc.
Notes to the Financial Statements
December 31, 2002 and 2001
(Stated in US Dollars) - Page 8
 --------------------
                                AMISANO HANSON
                             Chartered Accountants


                          INDEPENDENT AUDITORS' REPORT

To the Stockholders
The Link Group, Inc.

We have audited the accompanying consolidated balance sheets of The Link Group,
Inc. and subsidiaries as of December 31, 2002 and 2001 and the related
consolidated statements of operations, cash flows and stockholders' equity for
the year ended December 31, 2002 and the eleven months ended December 31, 2001.
These financial statements are the responsibility of the Company's management.
Our responsibility is to express an opinion on these financial statements based
on our audits.

We conducted our audits in accordance with auditing standards generally accepted
in the United States of America. Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amount and disclosures in the financial
statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audits provide a
reasonable basis for our opinion.

In our opinion, the consolidated financial statements referred to above present
fairly, in all material respects, the financial position of The Link Group, Inc
and subsidiaries as of December 31, 2002 and 2001 and the results of their
operations and their cash flows for the year end December 31, 2002 and the
eleven months ended December 31, 2001 in conformity with accounting principles
generally accepted in the United States of America.

The accompanying consolidated financial statements referred to above have been
prepared assuming that the Company will continue as a going concern. As
discussed in Note 1 to the financial statements, conditions exist which raise
substantial doubt about the Company's ability to continue as a going concern
unless its is able to generate sufficient cash flows to meet its obligations and
sustain its operations. Management's plans in this regard to these matters are
also described in Note 1. The financial statements do not include any
adjustments that might result from the outcome of this uncertainty.

Vancouver, Canada                                          "AMISANO HANSON"
March 25, 2003                                            Chartered Accountants

750 West Pender Street, Suite 604                       Telephone: 604-689-0188
Vancouver Canada                                        Facsimile: 604-689-9773


<PAGE>
<TABLE>
<CAPTION>




                              THE LINK GROUP, INC.
                           CONSOLIDATED BALANCE SHEETS
                           December 31, 2002 and 2001
                             (Stated in US Dollars)
<S>                                                                         <C>                  <C>


                                                       ASSETS                      2002                 2001
                                                       ------                      ----                 ----
Current
   Cash                                                                     $          11,717    $         247,813
   Advances receivable - Note 3                                                             -              132,841
   Receivables   - trade                                                               26,405              162,833
                 - other - Note 12                                                     51,280                    -
   Inventory - Notes 2 and 10                                                         227,240              300,488
   Deposits and prepayment                                                             22,868               35,616
   Deferred tax - Note 4                                                                    -               65,983
                                                                                   ----------           ----------
                                                                                      339,510              945,574
Deferred investment costs - Notes 6 and 10                                            480,000                    -
Property and equipment - Notes 5 and 10                                               338,613              518,231
                                                                                   ----------           ----------
                                                                            $       1,158,123    $       1,463,805
                                                                                   ==========           ==========
                                                    LIABILITIES
Current
   Accounts payable and accrued liabilities                                 $          94,911    $         160,792
   Loan payable - Note 8                                                                    -              300,000
   Due to a director - Note 10                                                         42,284                    -
   Deferred revenue                                                                    10,512               44,100
                                                                                   ----------           ----------
                                                                                      147,707              504,892
Due to related parties - Notes 10 and 13                                              980,000                    -
Deferred tax - Note 4                                                                  86,250               93,652
                                                                                   ----------           ----------
                                                                                    1,213,957              598,544
                                                                                   ----------           ----------
                                         STOCKHOLDER'S EQUITY (DEFICIENCY)
Common stock,
   Authorized:
     200,000,000, $0.0001 par value
   Issued:
     45,051,301shares (2001:  5,633,036 shares)                                         4,505              722,184
Paid-in capital                                                                     1,317,979                    -
Retained earnings (deficit)                                                        (1,378,318)             143,077
                                                                                   ----------           ----------
                                                                                     ( 55,834)             865,261
                                                                                   ----------           ----------
                                                                            $       1,158,123    $       1,463,805
                                                                                   ==========           ==========
</TABLE>

SEE ACCOMPANYING NOTES


<PAGE>
<TABLE>
<CAPTION>




                              THE LINK GROUP, INC.
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                for the periods ended December 31, 2002 and 2001
                             (Stated in US Dollars)
<S>                                                                        <C>                  <C>


                                                                           (Twelve months)       (Eleven months)
                                                                                 2002                 2001
                                                                                 ----                 ----

Sales                                                                      $        364,442     $        998,793
Cost of sales                                                                       259,257              342,425
                                                                                -----------           ----------
Gross income                                                                        105,185              656,368
                                                                                -----------           ----------
Expenses
   Amortization                                                                     204,212              180,224
   Selling, general and administrative expenses - Note 10                           966,288              305,398
                                                                                -----------           ----------
                                                                                  1,170,511              485,622
                                                                                -----------           ----------
Income (loss) from continuing operations before other item:                     ( 1,065,326)             170,476
Other item:
   Loss on disposition of property and equipment                                  (  22,286)                   -
                                                                                -----------           ----------
Income (loss) from continuing operations before income taxes                    ( 1,087,612)             170,476
Provision for deferred income taxes expense                                       (  58,581)            ( 27,669)
                                                                                -----------           ----------
Income (loss) from continuing operations                                        ( 1,146,193)             143,077
Loss from discontinued operations - Note 12                                      (  375,202)                   -
                                                                                -----------           ----------
Net income (loss) for the year                                             $    ( 1,521,395)    $        143,077
                                                                                ===========           ==========
Basic income (loss) per share from continuing operations                   $        (  0.03)    $          0.02
                                                                                ===========           ==========
Basic income (loss) per share from discontinued operations                 $        (  0.01)    $              -
                                                                                ===========           ==========
Basic and diluted income (loss) per share                                  $        (  0.04)    $          0.02
                                                                                ===========           ==========
Weighted average number of common shares outstanding                             45,559,634            5,633,036
                                                                                ===========           ==========

</TABLE>
SEE ACCOMPANYING NOTES

<PAGE>
<TABLE>
<CAPTION>




                              THE LINK GROUP, INC.
                      CONOLIDATED STATEMENTS OF CASH FLOWS
                for the periods ended December 31, 2002 and 2001
                             (Stated in US Dollars)
<S>                                                                           <C>                  <C>

                                                                              (Twelve months)      (Eleven months)
                                                                                    2002                2001
                                                                                    ----                ----
Operating Activities
   Net income (loss) for the period from continuing operations                $ (   1,146,193)     $       143,077
   Adjustment for non-cash items:
     Amortization                                                                     204,212              180,224
     Loss on disposition of property and equipment                                     22,286                    -
     Common stock issued for management fees                                                -              128,205
     Common stock issued for inventory                                                      -              115,875
     Provision for deferred income taxes                                               58,581               27,669
   Changes in working capital items:
     Advances receivable                                                              132,841             (132,841)
     Receivables                                                                       85,148             (162,833)
     Inventory                                                                         73,248             (300,488)
     Deposit and prepayment                                                            12,748             ( 35,616)
     Accounts payable and accrued liabilities                                        ( 65,843)             160,792
     Deferred revenue                                                                ( 33,588)              44,100
                                                                                -------------          -----------
Cash provided by (used in) operating activities                                      (656,560)             168,164
                                                                                -------------          -----------
Investing Activities
   Deferred investment costs                                                         (480,000)                   -
   Acquisition of property and equipment                                             ( 46,880)            (221,633)
                                                                                -------------          -----------
Cash used in investing activities                                                    (526,880)            (221,633)
                                                                                -------------          -----------
Financing Activities
   Increase in due from a director                                                     42,246                    -
   Increase in due from related parties                                               980,000                    -
   Loan payable (repayment)                                                          (300,000)             300,000
   Issue of share capital for cash                                                    600,300                1,282
                                                                                -------------          -----------
Cash provided by financing activities                                               1,322,546              301,282
                                                                                -------------          -----------
Net increase in cash during the period from continuing operations                     139,106              247,813
Cash used in discontinued operations - Note 12                                       (375,202)                   -
                                                                                -------------          -----------
Increase (decrease) in cash during the period                                        (236,096)             247,813
Cash, beginning of the period                                                         247,813                    -
                                                                                -------------          -----------
Cash, end of the period                                                       $        11,717      $       247,813
                                                                                =============          ===========
Supplemental disclosure of cash flow information: Cash paid for:
     Interest                                                                 $             -      $             -
                                                                                =============          ===========
     Income taxes                                                             $             -      $             -
                                                                                =============          ===========
Supplemental disclosure of non-cash investing and financing activities:
     Capital stock issued for equipment                                       $             -      $       476,822
                                                                                =============          ===========

</TABLE>
SEE ACCOMPANYING NOTES



<PAGE>
<TABLE>
<CAPTION>




                              THE LINK GROUP, INC.
           CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIENCY)
            for the period from February 1, 2001 to December 31, 2001
                    and for the year ended December 31, 2002
                             (Stated in US Dollars)

<S>                                            <C>           <C>                <C>              <C>               <C>


                                                                                                     Retained
                                                      Common Stock                  Paid-in          Earnings
                                           ------------------------------------
                                                Shares            Amount            Capital          (Deficit)          Totals
                                                ------            ------            -------          ---------          ------
Issuance of stock for cash                          10,000   $         1,282    $            -   $             -   $         1,282
Issuance of stock for services,
 inventory and equipment                         5,623,036           720,902                 -                 -           720,902
Net income for the period                                -                 -                 -           143,077           143,077
                                               -----------        ----------        ----------        ----------        ------------
Balance, December 31, 2001                       5,633,036           722,184                 -           143,077           865,261
Reverse acquisition                             (5,633,036)       (  722,184)          722,184                 -                 -
  Outstanding common shares of
   Company prior to acquisition                  5,405,200               540        (      540)                -                 -
  Issuance of common stock for cash
    - at $0.1035                                58,000,000             5,800           594,500                 -           600,300
  Reverse split 1 for 4                        (47,553,899)       (    4,755)            4,755                 -                 -
  Issuance of stock pursuant to
   acquisition of subsidiary - Note 7           37,500,000             3,750        (    3,750)                -                 -
Shares returned to treasury and
 cancelled - Note 12                           ( 8,300,000)       (      830)              830                 -                 -
Net loss for the year                                    -                 -                 -        (1,521,395)       (1,521,395)
                                               -----------        ----------        ----------        ----------        ------------
Balance, December 31, 2002                      45,051,301   $         4,505    $    1,317,979   $    (1,378,318)  $    (   55,834)
                                               ===========        ==========        ==========        ==========        ============

</TABLE>
SEE ACCOMPANYING NOTES



<PAGE>



                              THE LINK GROUP, INC.
                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                           December 31, 2002 and 2001
                             (Stated in US Dollars)


Note 1        Nature and Continuance of Operations

              The Company is engaged in the business of developing and marketing
              computer hardware and web-based surveillance monitoring and
              control systems. The Company's product is based on proprietary
              software, the use of which is subject to a license agreement (Note
              9).
              All operations are carried on outside of the United States.

              These financial statements have been prepared on a going concern
              basis. The Company has accumulated a deficit of $1,378,318 since
              inception. Its ability to continue as a going concern is dependent
              upon the ability of the Company to meet its obligations and repay
              its liabilities arising from normal business operations when they
              come due. The Company plans to satisfy its capital needs through
              revenue generated from its business and the sale of its common
              stock.

Note 2        Summary of Significant Accounting Policies

              The financial statements of the Company have been prepared in
              accordance with accounting principles generally accepted in the
              United States of America. Because a precise determination of many
              assets and liabilities is dependent upon future events, the
              preparation of financial statements for a period necessarily
              involves the use of estimates, which have been made using careful
              judgement. Actual results may vary from these estimates.

              The financial statements have, in management's opinion, been
              properly prepared within reasonable limits of materiality and
              within the framework of the significant accounting policies
              summarized below:

              Consolidation

              These consolidated financial statement include the accounts of the
              Company and its wholly-owned subsidiary, ProtectServe Pacific
              Limited ("PSP"), a Hong Kong company. During the year ended
              December 31, 2002, the Company incorporated a subsidiary in China.
              Comparative figures presented are those of PSP (Note 7). All
              inter-company transactions and balances have been eliminated.

              Cash and Cash Equivalents

              The Company considers all cash and other highly liquid investments
              with initial maturities of three months or less to be cash
              equivalents.

              Basic Earnings Per Share

              The Company reports basic loss per share in accordance with
              Statement of Financial Accounting Standards No. 128, "Earnings per
              Share". Basic earnings per share is computed by dividing net
              income by the weighted average number of shares of common stock
              outstanding for the period less shares subject to repurchase.


<PAGE>




Note 2        Summary of Significant Accounting Policies - (cont'd)
              ------------------------------------------

              Revenue Recognition

              Revenue is recognized when it is probable that the economic
              benefits will flow to the Company and when the revenue can be
              measured reliably, on the following basis:
(i)  revenue from sales of product to independent  resellers is recognized  when
     the goods are shipped.

(ii) revenue from the sale of product  direct to end users is  recognized  using
     the completed  contract method when installation of the system is complete.
     Amounts  invoiced for sales,  which are not yet  complete,  are recorded as
     deferred revenue.

ii)  commission  income is recognized  when the relevant  services are rendered;
     and

iii) interest income is recognized on an accrual basis.

              Inventories

              Inventories are stated at the lower of cost and net realizable
              value. Cost is calculated using the first-in, first-out method.
              Net realizable value is the price at which inventories can be sold
              in the normal course of business after allowing for the costs of
              realization. Inventories are comprised of computer hardware and
              software and monitoring equipment.

              Property and Equipment

              Property and equipment are stated at cost less accumulated
              amortization. Cost represents the purchase price of the asset and
              other costs incurred to bring the asset into its existing use.

              Amortization is provided on the straight-line basis over their
              estimated useful lives as follows:

                           Computer and office equipment           Five years
                           Computer software                       Three years
                           Motor vehicles                          Five years

              Leasehold improvements are amortized on a straight-line basis over
              the term of the lease.

              Impairment of Long-lived Assets

              The Company reports the impairment of long-lived assets and
              certain identifiable intangibles in accordance with SFAS No. 144,
              "Accounting for the Impairment of Long-lived Assets". Certain
              long-lived assets held by the Company are reviewed for impairment
              whenever assets or changes in circumstances indicate the carrying
              amount of an asset may not be recoverable. Accordingly, an
              impairment loss is recognized in the period it is determined.


<PAGE>




Note 2        Summary of Significant Accounting Policies - (cont'd)
              ------------------------------------------

              Deferred Investment Costs

              Deferred investment costs are recorded at cost and represent
              preliminary costs incurred with respect to the acquisition of an
              investment. These costs will be deferred until the Company
              completes the acquisition, at which time, the costs will be added
              to the cost of the investment. These cost will be written-off if
              the Company does not complete the acquisition.

              Foreign Currency Translation

              The functional currency of the Company is Hong Kong dollars, which
              has been translated into US dollars, the reporting currency, in
              accordance with Statement of Financial Accounting Standards No. 52
              "Foreign Currency Translation". Assets and liabilities are
              translated at the exchange rate at the balance sheet date and
              revenue and expenses are translated at the exchange rate at the
              date those elements are recognized. Any translation adjustments
              resulting are not included in determining net income but are
              included in other comprehensive income. The exchange rate in
              effect at the balance sheet date, and the average for the year was
              7.8HK$ for 1US$ and accordingly no translation adjustments
              resulted.

              Income Taxes

              The Company uses the asset and liability method of accounting for
              income taxes pursuant to Statement of Financial Accounting
              Standards No. 109 "Accounting for Income Taxes". Under the assets
              and liability method of FAS 109, deferred tax assets and
              liabilities are recognized for the future tax consequences
              attributable to temporary differences between the financial
              statements carrying amounts of existing assets and liabilities and
              loss carryforwards and their respective tax bases. Deferred tax
              assets and liabilities are measured using enacted tax rates
              expected to apply to taxable income in the years in which those
              temporary differences are expected to be recovered or settled.

              Recent Accounting Pronouncement

              In June 2002, the FASB issued SFAS No. 146, "Accounting for Cost
              Associated with Exit or Disposal Activities" which addresses
              financial accounting for reporting costs associated with exit or
              disposal activities and nullifies EITF Issue 94-3, "Liability
              Recognition for Certain Employee Termination Benefits and Other
              Costs to Exit an Activity (including Certain Costs Incurred in a
              Restructuring)". The standard requires companies to recognize
              costs associated with exit or disposal activities when they are
              incurred rather than at the date of a commitment to an exit or
              disposal plan. Examples of costs covered by the standard include
              lease termination costs and certain employee severance costs that
              are associated with a restructuring, discontinued operations,
              plant closing, or other exit or disposal activity. The provisions
              of this Statement are required to be applied to exit or disposal
              activities that are initiated after December 31, 2002. The Company
              adopted this pronouncement effective January 1, 2003.


<PAGE>




Note 3        Advances Receivable

              Advances receivable outstanding at December 31, 2002 of $Nil
              (2001: $132,481) represent advances paid by the Company to an
              independent agent to be used for operations in China.

Note 4        Deferred Tax
              -------------
<TABLE>
<CAPTION>
<S>                                                                       <C>                   <C>

                                                                                 2002               2001
                                                                                 ----               ----
             Deferred tax assets
               Net operating loss carry forward                           $    287,526          $    58,927
               Deferred revenue                                                      -                7,056
                                                                             ---------            ---------
                                                                               287,526               65,983
             Less:  valuation allowance                                      ( 287,526)                 -
                                                                             ---------            ---------
                                                                          $          -          $    65,983
                                                                             =========            =========
             Deferred tax liability
               Property and equipment costs deducted for tax
                purposes in excess of amortization provided               $     86,250          $    93,652
                                                                             =========            =========
</TABLE>

              The Company has recorded a valuation allowance against its
              deferred income tax assets based on the extent to which it is not
              more-likely-than-not that sufficient taxable income will be
              realized during the carry forward periods to utilize all the
              deferred tax assets.

              At December 31, 2002, the Company had net operating loss
              carryforwards of approximately $181,184 from US operations for
              federal and state income tax purposes. These carryforwards, if not
              utilized to offset taxable income, begin to expire in 2014.
              Utilization of the net operating loss may be subject to
              substantial annual limitation due to the ownership change
              limitations provided by the Internal Revenue Code and similar
              Statute Provisions. The annual limitation could result in the
              expiration of the net operating loss before utilization.

              At December 31, 2002, the Company had loss carryforwards of
              approximately $1,549,858 from its operations in Hong Kong. These
              losses may be carried forward indefinitely to offset future
              taxable income.


<PAGE>




Note 5        Property and Equipment
<TABLE>
<CAPTION>
<S>                                                  <C>             <C>           <C>              <C>

                                                                        2002                            2001
                                                    ----------------------------------------------  --------------
                                                    ----------------------------------------------  --------------
                                                                    Accumulated
                                                        Cost        Amortization        Net              Net
                                                        ----        ------------        ---              ---
             Computer and office equipment          $     151,356    $   55,057    $      96,299    $     114,514
             Computer software                            513,842       310,348          203,494          330,461
             Motor vehicles                                22,494         8,623           13,871           18,369
             Leasehold improvements                        29,939         4,990           24,949           54,887
                                                          -------       --------         -------          -------
                                                    $     717,631    $  379,018    $     338,613    $     518,231
                                                          =======       ========         =======          =======
</TABLE>

Note 6        Deferred Investment Costs - Note 13
              -------------------------

              Deferred investment costs consists of finders fees incurred with
              respect to the acquisition of Wise Media Investments Ltd.

Note 7        Business Combinations - Note 12
              ---------------------

a)   By an agreement  dated January 21, 2002, the Company agreed to purchase all
     the issued and outstanding  shares of ProtectServe  Pacific Limited ("PSP")
     from three individuals through issuance of 37,500,000 (post-reverse one for
     four split) common shares. The Company has the right to buy back its shares
     at $0.001 per share from these  individuals  if PSP's  after-tax  profit is
     less than Hong Kong  HK$9,000,000  for the twelve months ended December 31,
     2002. The buy back formula is for every  HK$333,333 that PSP falls short of
     the  HK$9,000,000  after tax profit;  the  Company  can buy back  1,000,000
     (post-reverse  one for four split)  common  shares from these  individuals.
     Subsequent to December 31, 2002,  the Company  initiated the buy back of up
     to  29,200,000  common  shares at $0.001 per share,  wherein it bought back
     22,200,000 common shares.

     The  acquisition of PSP has been accounted for using the purchase method on
     a reverse transaction basis with PSP being identified as the acquirer.  For
     accounting  purposes January 1, 2002 has been used as the effective date of
     acquisition.  As at the  acquisition  date,  The Link  Group,  Inc.  had no
     identifiable assets or liabilities. Comparative figures presented are those
     of the acquirer,  PSP.

     PSP was  incorporated  in Hong  Kong on  September  25,  2000 with the name
     Global Surveillance Communications Limited ("Global"). On January 15, 2001,
     Global  changed its name to  Protectserve  Pacific  Limited  and  commenced
     operations  effective  February 1, 2001.  PSP's  business is developing and
     marketing  computer  hardware and  web-based  surveillance  monitoring  and
     control systems.

<PAGE>




Note 7        Business Combinations - Note 12 - (cont'd)
              ---------------------

              b)  Prior to the acquisition as noted above, PSP acquired all the
                  issued and outstanding shares of Infotech-Networks & Cabling
                  Ltd, ("Infotech") a Hong Kong Company, for 4,500,000 shares
                  allocated to the vendor from the shares issued in the above
                  noted PSP acquisition. Infotech provides network solutions to
                  China and Hong Kong companies. Effective July 1, 2002 the
                  Company disposed of its interest in Infotech Networks &
                  Cabling Ltd. (Note 12).

Note 8        Loan Payable

              The loan was unsecured, non-interest bearing and had no fixed
              terms of repayment.

Note 9        Commitments

              i)  The Company has entered into operating leases for its premises
                  which expire on November 30, 2004. The minimum annual lease
                  payments (excluding share of operating costs) required are as
                  follows:

                            2003     $      38,493           HK$         300,256
                            2004            32,027           HK          249,821
                                            ------                       -------
                                     $      70,520           HK$         550,077
                                            ======                       =======

              ii) The Company has entered into a licensing agreement for
                  exclusive use in Pacific Asia of certain proprietary software
                  related to its products. A license fee of $100 per copy is
                  payable, with a minimum commitment to purchase 5,000 copies
                  over three years ending December 31, 2003. The Company can
                  obtain unlimited use of the software by purchasing more than
                  5,000 units before the three-year period or by paying $500,000
                  less license fees paid to date. Upon the purchase of 5,000
                  units, the Company will own the proprietary software. As at
                  December 31, 2002, the Company has purchased 2,700 units.


<PAGE>




Note 10       Related Party Transactions - Note 13
              --------------------------

              During the periods ended December 31, 2002 and 2001, the Company
              incurred the following charges with companies with common
              directors and stockholders.

                                                     2002                2001
                                                    ----                ----
             Selling, general and
              administration expenses
               Management fees               $        16,500     $       128,205
               Consulting fees                       500,000                   -
             Inventory                                     -             115,875
             Equipment                                     -             476,822
             Deferred investment costs               480,000                   -
                                                     -------             -------
                                             $       996,500     $       128,205
                                                     =======             =======

              Inventory and equipment were measured at their original cost as
              incurred by the stockholders. Management and consulting fees were
              measured by the exchange amount, which is the amount agreed upon
              by the transacting parties and on terms and conditions similar to
              non-related entities.

              The amounts due to a director are unsecured, non-interest bearing
              and have no specific terms of repayment.

              The amounts due to related parties (companies with common
              directors) are unsecured, non-interest bearing and are due more
              than one year after December 31, 2002.

Note 11       Segmented Information

              During the year ended December 31, 2002, no customer accounted for
more than 10% of the Company's revenues.

              During the period ended December 31, 2001, three customers
              accounted for 60% of the Company's revenues with totals of 16%,
              20% and 24%, respectively.


<PAGE>




Note 12       Discontinued Operations

              Effective July 1, 2002, the Company sold all of its interest in a
              wholly-owned subsidiary, Infotech Networks & Cabling Ltd.
              ("Infotech"), a Hong Kong company (See Note 7(b)) for $153,840
              (HK$1,200,000) cash and 8,300,000 common shares of the Company
              held by the purchaser. Cash of HK$800,000 was received and the
              balance of HK$400,000 (US$51,280) is due on or before December 31,
              2002. This amount was received subsequent to December 31, 2002.
              Upon receipt of the above noted shares (during the year ended
              December 31, 2002) the Company canceled the shares. As a result of
              the sale, the results of operations for the Infotech have been
              reported separately in the consolidated statement of loss.
              Summarized financial information for Infotech is as follows:

                                                                   2002
                 Revenues                                  $      402,551
                 Expenses                                         532,873
                                                               -----------
                 Net loss from discontinued operations         (  130,322)
                 Loss on sale                                  (  244,880)
                                                               -----------
                 Loss from discontinued operations         $   (  375,202)
                                                               -----------

                 Cash flow information
                 Net cash used in operating activities     $   (  375,202)
                 Net cash used in investing activities                  -
                 Net cash provided by financing activities              -
                                                               -----------
                 Net cash used in discontinued operations  $   (  375,202)
                                                               -----------

Note 13       Subsequent Events - Notes 7 and 12
              -----------------

i)                Subsequent to December 31, 2002, the Company, issued 3,000,000
                  common shares at $0.07 per share pursuant to a private
                  placement. The Company received net proceeds of $200,000 after
                  incurring a commission of $10,000.
ii)               Subsequent to December 31, 2002, the Company, issued
                  14,000,000 common shares at $0.07 per share pursuant to
                  agreements to settle debts owing to related parties,
                  outstanding as at December 31, 2002, totalling $980,000.
iii)              On March 21, 2003, the Company entered into an agreement to
                  acquire a interest in Wise Media Investments Ltd., ("Wise
                  Media") a company incorporated in Samoa, for consideration
                  consisting of $1,000,000 and 37,000,000 common shares, subject
                  to various conditions precedent. Wise Media, is engaged in the
                  design and printing work in the publication business.