##### Table of Contents



United States
Securities & Exchange Commission

Washington, D.C. 20549


FORM 10-QSB

(Mark One)

|  |  |                                                                                        
|- |  | ---------------------------------------------------------------------------------------
|x |  | QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|  |  |                                                                                        
|  |  | For the quarterly period ended March 31, 2003                                          
|  |  |                                                                                        
|o |  | TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934     

Commission file number 0-25764

OneLink, Inc.

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


|                                                                         |  |                                             
|------------------------------------------------------------------------ |  | --------------------------------------------
|Minnesota
(State or other jurisdiction
of incorporation or organization) |  | 41-1675041
(IRS Employer
Identification No.)

800 Nicollet Mall, Suite 2690
Minneapolis, MN 55402
(Address of principal executive offices)

612-338-8948
(Issuers telephone number)

Check whether the issuer (1) filed all reports required to be filed
by section 13 or 15(d) of the Exchange Act during the past 12 months (or
for such shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for the
past 90 days. YES o NO x

APPLICABLE TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuers
classes of common equity, as of the latest practicable date: 9,861,254
shares of common stock outstanding as of May 30, 2003, par value $.01
per share.

Transitional Small Business Disclosure Format (check one): YES o
NO x





---

TABLE OF CONTENTS



|                                        |                                                                   |                               |  |  |  |  |  | 
|--------------------------------------- | ----------------------------------------------------------------- | ----------------------------- |  |  |  |  |  | 
|PART I  Financial Information         
|                                        | Item 1. Financial Statements                                     
|                                        |                                                                   | Balance Sheets               
|                                        |                                                                   | Statements of Operations     
|                                        |                                                                   | Statements of Cash Flows     
|                                        |                                                                   | Notes to Financial Statements
|                                        | Item 2. Managements Discussion and Analysis or Plan of Operation
|                                        | Item 3. Controls and Procedures                                  
|PART II Other Information              
|                                        | Item 6. Exhibits and Reports on Form 8-K                         
|SIGNATURES                             
|CERTIFICATIONS                         
|EX-99.1 Certification under Section 906
|EX-99.2 Certification under Section 906



---



##### Table of Contents



OneLink, Inc.
Form 10-QSB
Quarter Ended March 31, 2003

Table of Contents

|               |                       |                                                                                         |    |          |   | 
|-------------- | --------------------- | --------------------------------------------------------------------------------------- | -- | -------- | - | 
|               |                       |                                                                                         |    | Page No.
|               |                       |                                                                                         |    |         
|PART I         | Financial Information |                                                                                         |    | 1        |  
|               | Item 1.               | Financial Statements                                                                    |    |          |   | 
|               |                       | Balance Sheets at March 31, 2003 (unaudited) and
December 31, 2002 (audited)            |    |          | 1 | 
|               |                       | Statements of Operations for the three months
ended March 31, 2003 and 2002 (unaudited) |    |          | 2 | 
|               |                       | Statements of Cash Flows for the three months
ended March 31, 2003 and 2002 (unaudited) |    |          | 3 | 
|               |                       | Notes to Financial Statements                                                           |    |          | 4 | 
|               | Item 2.               | Managements Discussion and Analysis or Plan of Operation                               |    |          | 6 | 
|               | Item 3.               | Controls and Procedures                                                                 |    |          | 9 | 
|PART II        | Other Information     |                                                                                         |    | 9        |  
|               | Item 6.               | Exhibits and Reports on Form 8-K                                                        |    | 9        |  
|SIGNATURES     |                       |                                                                                         | 10 |         
|CERTIFICATIONS |                       |                                                                                         | 10 |         





---



##### Table of Contents












PART I  Financial Information

Item 1. Financial Statements

OneLink, Inc.
Balance Sheets

|                                               |                                                                        |                                                          |                                                       |             |           |         |              |             |        |        | 
|---------------------------------------------- | ---------------------------------------------------------------------- | -------------------------------------------------------- | ----------------------------------------------------- | ----------- | --------- | ------- | ------------ | ----------- | ------ | ------ | 
|                                               |                                                                        |                                                          |                                                       |             | March 31, |         | December 31,
|                                               |                                                                        |                                                          |                                                       |             | 2003      |         | 2002        
|                                               |                                                                        |                                                          |                                                       |             |           |         |             
|                                               |                                                                        | (unaudited)                                              |                                                       | (audited)   |          
|ASSETS                                         |                                                                        |                                                          |                                                       |             |          
|CURRENT ASSETS:                                |                                                                        |                                                          |                                                       |             |           |         |              |            
|                                               | Cash                                                                   |                                                          | $                                                     |            |           |         | $            | 3,346       |       
|                                               | Prepaid expenses                                                       |                                                          |                                                       | 47,472      |           |         |              | 60,527      |       
|                                               |                                                                        |                                                          |                                                       |             |           |         |              |             |       
|                                               |                                                                        |                                                          | Total current assets:                                 |             |           | 47,472  |              |             |        | 63,873 | 
|                                               |                                                                        |                                                          |                                                       |             |           |         |              |             |       
|                                               |                                                                        |                                                          | Total assets:                                         |             | $         | 47,472  |              |             | $      | 63,873 | 
|                                               |                                                                        |                                                          |                                                       |             |           |         |              |             |       
|LIABILITIES AND SHAREHOLDERS EQUITY (DEFICIT) |                                                                        |                                                          |                                                       |             |           |         |              |            
|CURRENT LIABILITIES:                           |                                                                        |                                                          |                                                       |             |           |         |              |            
|                                               | Checks issued in excess of cash in bank                                |                                                          | $                                                     | 41          |           |         | $            |            |       
|                                               | Accounts payable                                                       |                                                          |                                                       | 16,139      |           |         |              | 7,887       |       
|                                               | Accrued expenses                                                       |                                                          |                                                       | 52,537      |           |         |              | 46,538      |       
|                                               |                                                                        |                                                          |                                                       |             |           |         |              |             |       
|                                               |                                                                        |                                                          | Total current liabilities:                            |             |           | 68,717  |              |             |        | 54,425 | 
|                                               |                                                                        |                                                          |                                                       |             |           |         |              |             |       
|SHAREHOLDERS EQUITY (DEFICIT):                |                                                                        |                                                          |                                                       |             |           |         |              |            
|                                               | Capital stock, par value $.01 per share, 50,000,000 shares
authorized: |                                                          |                                                       |             |           |         |              |             |       
|                                               | Series A Convertible Preferred Stock, par value $.01 per share:        |                                                          |                                                       |             |           |         |              |             |       
|                                               |                                                                        | Authorized shares1,400,000                              |                                                       |             |           |         |              |             |        |       
|                                               |                                                                        | Issued and outstanding shares:                           |                                                       |             |           |         |              |             |        |       
|                                               |                                                                        | 1,320,000 shares at March 31, 2003 and December 31, 2002 |                                                       |             | 13,200    |         |              |             | 13,200 |       
|                                               |                                                                        | ($660,000 liquidation preference)                        |                                                       |             |           |         |              |             |        |       
|                                               | Common stock, par value $.01 per share:                                |                                                          |                                                       |             |           |         |              |             |       
|                                               |                                                                        | Authorized shares40,000,000                             |                                                       |             |           |         |              |             |        |       
|                                               |                                                                        | Issued and outstanding shares:                           |                                                       |             |           |         |              |             |        |       
|                                               |                                                                        | 9,861,254 shares at March 31, 2003 and December 31, 2002 |                                                       |             | 98,612    |         |              |             | 98,612 |       
|                                               | Additional paid-in capital                                             |                                                          |                                                       | 16,116,976  |           |         |              | 16,116,976  |       
|                                               | Stock-subscription receivable                                          |                                                          |                                                       | (223,922    | )         |         |              | (223,922    | )     
|                                               | Accumulated deficit                                                    |                                                          |                                                       | (16,026,111 | )         |         |              | (15,995,418 | )     
|                                               |                                                                        |                                                          |                                                       |             |           |         |              |             |       
|                                               |                                                                        |                                                          | Total shareholders equity (deficit):                 |             |           | (21,245 | )            |             |        | 9,448  | 
|                                               |                                                                        |                                                          |                                                       |             |           |         |              |             |       
|                                               |                                                                        |                                                          | Total liabilities and shareholders equity (deficit): |             | $         | 47,472  |              |             | $      | 63,873 | 
|                                               |                                                                        |                                                          |                                                       |             |           |         |              |             |       

See accompanying notes to financial statements.





---



##### Table of Contents






OneLink, Inc.
Statements of Operations

|                                               |                                  |                           |         |                              |         |      |          |           |          |  
|---------------------------------------------- | -------------------------------- | ------------------------- | ------- | ---------------------------- | ------- | ---- | -------- | --------- | -------- | -
|                                               |                                  |                           |         | Three Months Ended March 31,
|                                               |                                  |                           |         |                             
|                                               |                                  |                           |         | 2003                         |         | 2002
|                                               |                                  |                           |         |                              |         |     
|                                               |                                  |                           |         | (unaudited)                 
|Revenues                                       |                                  | $                         |        |                              |         | $    | 339,637  |          
|Cost of revenues                               |                                  |                           |        |                              |         |      | 242,465  |          
|                                               |                                  |                           |         |                              |         |      |          |          
|                                               |                                  | Gross profit              |         |                              |        |      |          |           | 97,172   |  
|                                               |                                  |                           |         |                              |         |      |          |          
|OPERATING EXPENSES:                            |                                  |                           |         |                              |         |      |          |          
|                                               | Selling                          |                           |         |                             |         |      |          | 28,907    |         
|                                               | Research and product development |                           |         |                             |         |      |          | 40,067    |         
|                                               | General and administrative       |                           |         | 30,693                       |         |      |          | 342,365   |         
|                                               |                                  |                           |         |                              |         |      |          |          
|                                               |                                  | Total Operating Expenses: |         |                              | 30,693  |      |          |           | 411,339  |  
|                                               |                                  |                           |         |                              |         |      |          |          
|Operating loss                                 |                                  |                           | (30,693 | )                            |         |      | (314,167 | )        
|                                              
|OTHER INCOME (EXPENSE):                        |                                  |                           |         |                              |         |      |          |          
|                                               | Interest income                  |                           |         |                             |         |      |          | 446       |         
|                                               | Other income (expense)           |                           |         |                             |         |      |          | 259       |         
|                                               |                                  |                           |         |                              |         |      |          |          
|                                               |                                  | Net Loss:                 |         | $                            | (30,693 | )    |          | $         | (313,462 | )
|                                               |                                  |                           |         |                              |         |      |          |          
|NET LOSS PER COMMON SHARE:                     |                                  |                           |         |                              |         |      |          |          
|                                               | Basic and diluted                |                           | $       | (0.00                        | )       |      | $        | (0.03     | )       
|                                              
|WEIGHTED-AVERAGE NUMBER OF SHARES OUTSTANDING: |                                  |                           |         |                              |         |      |          |          
|                                               | Basic and diluted                |                           |         | 9,861,254                    |         |      |          | 9,861,254 |         

See accompanying notes to financial statements.

2



---



##### Table of Contents






OneLink, Inc.
Statements of Cash Flows

|                                                                            |                                                |                                            |                                         |   |                              |        |          |         |         |         |  
|--------------------------------------------------------------------------- | ---------------------------------------------- | ------------------------------------------ | --------------------------------------- | - | ---------------------------- | ------ | -------- | ------- | ------- | ------- | -
|                                                                            |                                                |                                            |                                         |   | Three Months Ended March 31,
|                                                                            |                                                |                                            |                                         |   |                             
|                                                                            |                                                |                                            |                                         |   | 2003                         |        | 2002    
|                                                                            |                                                |                                            |                                         |   |                              |        |         
|                                                                            |                                                |                                            |                                         |   | (unaudited)                 
|Operating activities                                                        |                                                |                                            |                                         |   |                              |        |          |        
|Net loss                                                                    |                                                | $                                          | (30,693                                 | ) |                              | $      | (313,462 | )      
|Adjustments to reconcile net loss to net cash used
in operating activities: |                                                |                                            |                                         |   |                              |        |          |        
|                                                                            | Depreciation and amortization                  |                                            |                                         |  |                              |        |          | 126,992 |        
|                                                                            | Net gain on disposal of property and equipment |                                            |                                         |  |                              |        |          | (462    | )      
|                                                                            | Changes in operating assets and liabilities:   |                                            |                                         |   |                              |        |          |         |        
|                                                                            |                                                |                                            | Trade accounts receivable               |   |                              |       |          |         |         | 49,812  |  
|                                                                            |                                                |                                            | Prepaid expenses and deposits           |   |                              | 13,055 |          |         |         | 75,213  |  
|                                                                            |                                                |                                            | Checks issued in excess of cash in bank |   |                              | 41     |          |         |         |        |  
|                                                                            |                                                |                                            | Accounts payable and accrued expenses   |   |                              | 14,251 |          |         |         | 34,041  |  
|                                                                            |                                                |                                            | Deferred revenue                        |   |                              |       |          |         |         | (53,816 | )
|                                                                            |                                                |                                            |                                         |   |                              |        |          |        
|                                                                            |                                                | Net cash used in operating activities:     |                                         |   | (3,346                       | )      |          |         | (81,681 | )      
|                                                                            |                                                |                                            |                                         |   |                              |        |          |        
|Investing activities                                                        |                                                |                                            |                                         |   |                              |        |          |        
|Proceeds from the sale of property and equipment                            |                                                |                                            |                                        |   |                              |        | 3,121    |        
|                                                                            |                                                |                                            |                                         |   |                              |        |          |        
|                                                                            |                                                | Net cash provided by investing activities: |                                         |   |                             |        |          |         | 3,121   |        
|                                                                            |                                                |                                            |                                         |   |                              |        |          |        
|Decrease in cash                                                            |                                                |                                            | (3,346                                  | ) |                              |        | (78,560  | )      
|Cash at beginning of the period                                             |                                                |                                            | 3,346                                   |   |                              |        | 147,768  |        
|                                                                            |                                                |                                            |                                         |   |                              |        |          |        
|                                                                            |                                                | Cash at end of the period:                 |                                         | $ |                             |        |          | $       | 69,208  |        
|                                                                            |                                                |                                            |                                         |   |                              |        |          |        
|Supplemental cash flow information                                          |                                                |                                            |                                         |   |                              |        |          |        
|Cash paid for interest                                                      |                                                | $                                          |                                        |   |                              | $      |         |        
|Cash paid for income taxes                                                  |                                                |                                            |                                        |   |                              |        |         |        

3



---



##### Table of Contents






OneLink, Inc.
Notes to Financial Statements
March 31, 2003 and 2002
(unaudited)

Note 1. Summary of Significant Accounting Policies.

Interim Financial Information. The accompanying unaudited financial
statements have been prepared in accordance with accounting principles
generally accepted in the United States of America and pursuant to the rules
and regulations of the U. S. Securities and Exchange Commission for interim
financial information. Accordingly, certain information and footnote
disclosures normally included in financial statements prepared in accordance
with accounting principles generally accepted in the United States of America
have been omitted pursuant to such rules and regulations. Operating results
for the three months ended March 31, 2003 are not necessarily indicative of the
results that may be expected for the year ending December 31, 2003. The
accompanying financial statements and related notes should be read in
conjunction with the Companys audited financial statements, and notes thereto,
for the fiscal year ended December 31, 2002, contained in its Annual Report on
Form 10-KSB for the year ended December 31, 2002 (Readers should also carefully
review Note 2 below discussing the sale of assets).

The financial information furnished reflects, in the opinion of
management, all adjustments, consisting of normal recurring accruals, necessary
for a fair presentation of the results of the interim periods presented.

Revenue Recognition. Revenue for services was recognized at the end of
each month in which services were provided. Revenue for product sales was
recorded upon shipment. Revenue on certain contracts may have required revenue
recognition under contract accounting rules, whereby revenue was recognized on
a percentage-of-completion basis. Billings in excess of costs and estimated
earnings were included in deferred revenue. The Company ensured that the
transactions complied with the seven conditions and six considerations
contained in Accounting and Auditing Enforcement Release No. 108 of the SEC.

Net Loss Per Common Share. Basic and diluted loss per common share is
computed by dividing net loss by the weighted-average number of common shares
outstanding for the reporting period. Dilutive common-equivalent shares have
not been included in the computation of diluted net loss per share because
their inclusion would be antidilutive. Antidilutive common equivalent shares
issuable based on future exercise of stock options or warrants could
potentially dilute basic loss per common share in subsequent years. All
options and warrants outstanding were antidilutive for the three months ended
March 31, 2003 and 2002.

Stock Based Compensation.In accordance with Accounting Principles Board
(APB) Opinion No. 25 and related interpretations, the Company uses the
intrinsic value-based method for measuring stock-based compensation cost which
measures compensation costs in excess, if any, of the quoted market price of
the Companys common stock at the grant date over the amount the employee must
pay for the stock. The Companys general policy is to grant stock options at
fair value at the date of grant. Consistent with Statement of Financial
Accounting Standards (SFAS) No. 123 Accounting for Stock-Based Compensation,
the Company did not
have any pro forma compensation costs associated with the options
outstanding for the three months ended March 31, 2003 and 2002.

4



---



##### Table of Contents



Note 2. Sale of Assets

On April 24, 2002, the Company announced that its ability to generate cash
flows was severely impacted by the downturn in the telecommunications market.
The severe downturn greatly delayed the deployment of the Companys products by
Regional Bell Operating Companies. On June 3, 2002, the Company announced that
a letter of intent was signed with CallVision, Inc. pursuant to which
CallVision agreed in principle to purchase substantially all of the Companys
assets. The Company entered into an asset purchase agreement with CallVision,
Inc. on June 28, 2002, and ceased operations as of July 1, 2002. On December
6, 2002, the Companys shareholders approved the asset sale and on December 11,
2002, the Company closed on its sale of substantially all of its assets to
CallVision. The proceeds received from the sale of the Companys assets were
not sufficient to allow the Company to make any distributions to the Companys
shareholders.

Pursuant to the asset purchase agreement with CallVision, the Company sold
substantially all its assets in exchange for cash payments of $214,300. Upon
the execution and delivery of the asset purchase agreement, CallVision paid the
Company $100,000 in cash, plus an additional $14,300 in cash for the Companys
June 2002 office rent and T-1 bandwidth. At the closing of the asset sale,
CallVision paid the Company $100,000 in cash. The Company will also receive an
amount equal to 15% of revenue generated from certain sales of current or
future versions of the Companys TeleSmart and TeleMetrics products during the
period from closing through December 31, 2003. To date, the Company has
received no revenue from such sales. The proceeds received from the sale of
the Companys assets were not sufficient to allow the Company to make any
distributions to the Companys shareholders. During the year ended December
31, 2002, the Company recorded a loss of approximately $337,000 related to a
long-term prepaid expense, and property and equipment sold to CallVision in
connection with the asset sale to CallVision.

The Company believes that the asset sale enables the Company to seek a
business combination or other transaction with an opportunity that will be more
attractive than the Companys former telecommunications-based
business-intelligence services business. The Company hopes to utilize its
remaining capital structure to attract a business opportunity that will
maximize potential value to shareholders. However, current market and economic
conditions may reduce the number of privately held companies seeking access to
the public markets. These factors and conditions are beyond our control, and
may make it difficult or impossible to identify and/or consummate a merger with
a privately held company seeking access to the public markets. If additional
financing is not available, the Company may be forced to discontinue its
business, and investments in the Companys securities may be lost.

The accompanying financial statements have been prepared on the basis that
the Company will continue as a going concern. The Company had net losses for
the three months ended March 31, 2003 and 2002 and the years ended December 31,
2002 and 2001 and had an accumulated deficit at March 31, 2003. Upon the
closing of the asset sale, the Company did not have any material assets and did
not have sufficient funds to pay ongoing operating expenses. The financial
statements do not include any adjustments that might result from the outcome of
these uncertainties.

5



---



##### Table of Contents



Note 3. Recently Issued Accounting Pronouncements

In April 2003, the Financial Accounting Standards Board (FASB) issued
Statement of Financial Accounting Standards (SFAS) No. 149, Amendment of
Statement 133 on Derivative Instruments and Hedging Activities, effective for
contracts entered into or modified after June 30, 2003. This amendment
clarifies when a contract meets the characteristic of a derivative, clarifies
when a derivative contains a financing component and amends certain other
existing pronouncements. The Company believes the adoption of SFAS No. 149
will not have a material effect on the Companys financial position or results
of operations.

In May 2003, the FASB issued SFAS No. 150, Accounting for Certain
Financial Instruments with Characteristics of both Liabilities and Equity.
SFAS No. 150 is effective for financial instruments entered into or modified
after May 31, 2003, and otherwise is effective at the beginning of the first
interim period beginning after June 15, 2003. SFAS No. 150 requires the
classification as a liability of any financial instruments with a mandatory
redemption feature, an obligation to repurchase equity shares, or a conditional
obligation based on the issuance of a variable number of its equity shares.
The Company does not have a mandatory redemption feature associated with its
preferred shares. The Company believes the adoption of SFAS No. 150 will not
have a material effect on the Companys financial position or results of
operations.




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

The accompanying managements discussion and analysis of the Companys
financial condition and results of operations should be read in conjunction
with Managements Discussion and Analysis of Financial Condition and Results of
Operations and the Companys audited financial statements, and notes thereto,
for the fiscal year ended December 31, 2002, included in our Annual Report on
Form 10-KSB for the year ended December 31, 2002.

Results of Operations

The Three Months Ended March 31, 2003 Compared to the Three Months Ended March 31, 2002

Revenues.The Companys revenues for the three months ended March 31,
2003 were $0, a 100% decrease, compared to $340,000 for the three months ended
March 31, 2002. The decrease in revenues is the result of the Company ceasing
operations on July 1, 2002.

Cost of Revenues and Gross Profit. The Companys cost of revenues for the
three months ended March 31, 2003 was $0, compared to $242,000 for the three
months ended March 31, 2002, a decrease of 100%. The decrease was the result
of the Company ceasing operations on July 1, 2002.

Gross profit for the three months ended March 31, 2003 was $0, compared to
$97,000 for the three months ended March 31, 2002, a decrease of 100%. Gross
profit as a percentage of revenues was 29% in 2002.

6



---



##### Table of Contents



Research and Product Development Expenses. Research and product
development expenses for the three months ended March 31, 2003 were $0,
compared to $40,000 for the three months ended March 31, 2002, a decrease of
100%. The decrease in research and product development expenses was the result
of the Company ceasing operations on July 1, 2002.

Selling Expenses. Selling expenses for the three months ended March 31,
2003 were $0, a 100% decrease, compared to $29,000 for the three months ended
March 31, 2002.

General and Administrative Expenses. General and administrative expenses
for the three months ended March 31, 2003 were $31,000, consisting mainly of
insurance, legal and accounting expenses, compared to $342,000 for the three
months ended March 31, 2002, a decrease of 91%. The decrease mainly resulted
from reductions of overall expenses of the Company and was also due to the
Company ceasing operations on July 1, 2002.

Net Loss. The Company incurred a net loss of $31,000 for the three months
ended March 31, 2003, compared to a net loss of $313,000 for the comparable
period in the prior year. This reduction is primarily the result of the
Company ceasing operations on July 1, 2002 and other factors noted above.

Liquidity and Capital Resources. The Company had a working capital
deficit of $21,000 and working capital of $9,000 at March 31, 2003 and December
31, 2002, respectively. Cash used in operations was $3,000 and $82,000 for the
three months ended March 31, 2003 and 2002, respectively. In 2003, the primary
use of cash in operations was to fund the Companys net loss. Cash was used to
fund the Companys net loss for the three months ended March 31, 2002 and a
decrease in deferred revenue. These uses were partially offset by non-cash
expenses for depreciation and amortization, decreases in accounts receivable
and prepaid expenses and deposits and an increase in accounts payable and
accrued expenses.

Cash provided by investing activities was $3,000 for the three months ended
March 31, 2002, primarily related to the sale of miscellaneous property and
equipment.

On July 1, 2002 the Company ceased business operations. Accordingly, the
Company engaged in no business operations during the three months ended March
31, 2003, and does not expect to resume business operations (of any character)
in the near future. Because the Company does not anticipate engaging in any
business operations, the Company does not expect to have any income from
operations in the near future.

On June 28, 2002, the Company entered into an asset purchase agreement
with CallVision, Inc., a Washington corporation, pursuant to which the Company
agreed to sell substantially all of its assets to CallVision. On December 6,
2002, the Companys shareholders approved the asset sale and on December 11,
2002, the Company closed on its sale of substantially all of its assets to
CallVision. The Company has ceased conducting business operations and has
transferred physical possession of its operating assets to CallVision.

To date, The Company has not generated revenues sufficient to break even,
and has supported business operations through a combination of borrowings and
equity sales. Important factors in the board of directors determination to
enter into the asset sale with CallVision, Inc. included but were not limited
to the following:



| |  |  | the Companys inability to continue funding existing
operations with its current cash flow
| | - |  | ------------------------------------------------------------------------------------------

7



---



##### Table of Contents





| |  |  | the Companys inability to obtain additional equity or
debt financing                                                                                                                                              
| | - |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| |  |  | the Companys financial projections, which indicated
that it could not increase revenues quickly enough to achieve
positive cash flow prior to exhausting its working capital                                      
|
| |  |  | the slowdown in the telecommunications industry
resulting from the general economic recession, and the
concomitant significant reduction in spending on advertising,
marketing and promotion by telephone companies
|
| |  |  | after seeking strategic partners and/or potential
purchasers for the Companys assets, it was unable to find a
superior alternative to the sale of assets to CallVision                                            

The Company does not have enough capital to fund its current operations
for the next twelve months.

Critical Accounting Estimates

The Companys critical accounting policies are those (i) having the most
impact to the reporting of its financial condition and results, and (ii)
requiring significant judgments and estimates. Due to the cessation of
operations, the Company does not believe it has any critical policies or
procedures.

Recently Issued Accounting Pronouncements

In April 2003, the Financial Accounting Standards Board (FASB) issued
Statement of Financial Accounting Standards (SFAS) No. 149, Amendment of
Statement 133 on Derivative Instruments and Hedging Activities, effective for
contracts entered into or modified after June 30, 2003. This amendment
clarifies when a contract meets the characteristic of a derivative, clarifies
when a derivative contains a financing component and amends certain other
existing pronouncements. The Company believes the adoption of SFAS No. 149
will not have a material effect on the Companys financial position or results
of operations.

In May 2003, the FASB issued SFAS No. 150, Accounting for Certain
Financial Instruments with Characteristics of both Liabilities and Equity.
SFAS No. 150 is effective for financial instruments entered into or modified
after May 31, 2003, and otherwise is effective at the beginning of the first
interim period beginning after June 15, 2003. SFAS No. 150 requires the
classification as a liability of any financial instruments with a mandatory
redemption feature, an obligation to repurchase equity shares, or a conditional
obligation based on the issuance of a variable number of its equity shares.
The Company does not have a mandatory redemption feature associated with its
preferred shares. The Company believes the adoption of SFAS No. 150 will not
have a material effect on the Companys financial position or results of
operations.

Forward Looking Statements

This Form 10-QSB contains certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. All statements
included herein regarding activities, events or developments that the Company
expect, believe or anticipate will or may occur in the future, including such
things as future capital expenditures (including the amount and nature
thereof), business strategy and measures to implement strategy, competitive
strengths, goals, expansion and other such matters are forward-looking
statements.

8



---



##### Table of Contents



Actual events may differ materially from those anticipated in the
forward-looking statements. Important factors that may cause such a difference
include the exhaustion of the Companys working capital, the inability to
continue preparing and filing SEC disclosure reports and the inability to
identify or consummate a merger with a privately held company. For additional
information regarding these and other factors, see our Annual Report on Form
10-KSB for the year ended December 31, 2002 and other recent filings with the
SEC.




Item 3. Controls and Procedures

Within 90 days prior to the filing of this quarterly report, the Companys
Chief Executive Officer and its Chief Financial Officer evaluated the Companys
disclosure controls and procedures as required pursuant to Rule 13a-14 under
the Securities and Exchange Act of 1934, as amended. Based on this evaluation,
the Chief Executive Officer and its Chief Financial Officer determined that
such controls and procedures were effective. There were no significant changes
in internal controls that could significantly affect the disclosure controls
and procedures since the date of the evaluation.




PART II Other Information




Item 6. Exhibits and Reports on Form 8-K



|(a) |  | Exhibits
|--- |  | --------



| | 99.1 |  | Certification under Section 906
| | ---- |  | -------------------------------
|
| | 99.2 |  | Certification under Section 906



|(b) |  | Reports on Form 8-K
|--- |  | -------------------
|   
|    |  | None               

9



---



##### Table of Contents






SIGNATURES

Pursuant to the registration requirements 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.

|                    |  |               |  |                                                       
|------------------- |  | ------------- |  | ------------------------------------------------------
|                    |  | ONELINK, INC.
|                    |  |               |  |                                                       
|Date: June 19, 2003 |  | By:           |  | /s/ Ronald E. Eibensteiner                            
|                    |  |               |  |                                                       
|                    |  | Title:        |  | President and Chief Executive Officer                 
|                    |  |               |  |                                                       
|Date: June 19, 2003 |  | By:           |  | /s/ Brian D. Niebur                                   
|                    |  |               |  |                                                       
|                    |  | Title:        |  | Chief Financial Officer
(Principal Accounting Officer)




CERTIFICATIONS

I, Ronald E. Eibensteiner, certify that:

1.     I have reviewed this quarterly report on 10-QSB of OneLink, Inc.;

2.     Based on my knowledge, this quarterly 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 quarterly
report;

3.     Based on my knowledge, the financial statements, and other financial
information included in this quarterly 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 quarterly 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 we 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
quarterly 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 quarterly report (the Evaluation Date) and                                                                                                   
|
| | c) |  | presented in this quarterly report our conclusions about the
effectiveness of the disclosure controls and procedures based on our
evaluation as of the Evaluation Date;                                                                                                                        

10



---



##### Table of Contents



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 function):



| | 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
| | -- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | 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
quarterly report whether or not 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: |  | June 19, 2003 |  | /s/ Ronald E. Eibensteiner                                      
|      |  |               |  |                                                                 
|      |  |               |  | By: Ronald E. Eibensteiner
President and Chief Executive Officer

I, Brian D. Niebur, certify that:

1.     I have reviewed this quarterly report on 10-QSB of OneLink, Inc.;

2.     Based on my knowledge, this quarterly 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 quarterly
report;

3.     Based on my knowledge, the financial statements, and other financial
information included in this quarterly 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 quarterly 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 we 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
quarterly 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 quarterly report (the Evaluation Date) and                                                                                                   
|
| | c) |  | presented in this quarterly report our conclusions about the
effectiveness of the disclosure controls and procedures based on our
evaluation as of the Evaluation Date;                                                                                                                        

11



---



##### Table of Contents



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 function):



| | 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
| | -- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | 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
quarterly report whether or not 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: |  | June 19, 2003 |  | /s/ Brian D. Niebur                        
|      |  |               |  |                                            
|      |  |               |  | By: Brian D. Niebur
Chief Financial Officer

12