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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 June 30, 2003                  | 
|           |                                                               | 
|[   ]      | 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                         |  | 41-1675041         
|(State or other jurisdiction      |  | (IRS Employer      
|of incorporation or organization) |  | 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 [X] NO [   ]

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 July 31, 2003, par value $.01
per share.

Transitional Small Business Disclosure Format (check one): YES [   ]
NO [X]





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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                                 
|EX-31.1 Rule 13a-14(a) Certification of CEO
|EX-31.2 Rule 13a-14(a) Certification of CFO
|EX-32 Section 1350 Certification           



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##### Table of Contents



OneLink, Inc.
Form 10-QSB
Quarter Ended June 30, 2003

Table of Contents

|           |                                                           |          |  |  |  | 
|---------- | --------------------------------------------------------- | -------- |  |  |  | 
|           |                                                           | Page No. |  |  |  | 
|PART I     | Financial Information                                     | 1        |  |  |  | 
|           |                                                           |          |  |  |  | 
|Item 1.    | Financial Statements                                      |          |  |  |  | 
|           | Balance Sheets at June 30, 2003 (unaudited) and           |          |  |  |  | 
|           | December 31, 2002 (audited)                               | 1        |  |  |  | 
|           |                                                           |          |  |  |  | 
|           | Statements of Operations for the three and six months     |          |  |  |  | 
|           | ended June 30, 2003 and 2002 (unaudited)                  | 2        |  |  |  | 
|           |                                                           |          |  |  |  | 
|           | Statements of Cash Flows for the six months               |          |  |  |  | 
|           | ended June 30, 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                                                        |          |  |  | 





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PART I  Financial Information




Item 1.   Financial Statements




OneLink, Inc.
Balance Sheets

|                                               |                                                                 |                                                         |                                                       |             |             |         |   |              |        |        | 
|---------------------------------------------- | --------------------------------------------------------------- | ------------------------------------------------------- | ----------------------------------------------------- | ----------- | ----------- | ------- | - | ------------ | ------ | ------ | 
|                                               |                                                                 |                                                         |                                                       |             | June 30,    |         |   | December 31, |       
|                                               |                                                                 |                                                         |                                                       |             | 2003        |         |   | 2002         |       
|                                               |                                                                 |                                                         |                                                       |             |             |         |   |              |       
|                                               |                                                                 |                                                         |                                                       |             | (unaudited) |         |   | (audited)    |       
|ASSETS                                         |                                                                 |                                                         |                                                       |             |             |         |   |             
|CURRENT ASSETS:                                |                                                                 |                                                         |                                                       |             |             |         |   |             
|                                               | Cash                                                            |                                                         | $                                                     | 61          |             |         | $ | 3,346        |       
|                                               | Prepaid expenses                                                |                                                         |                                                       | 34,417      |             |         |   | 60,527       |       
|                                               |                                                                 |                                                         |                                                       |             |             |        
|                                               |                                                                 |                                                         | Total current assets:                                 |             |             | 34,478  |   |              |        | 63,873 | 
|                                               |                                                                 |                                                         |                                                       |             |             |        
|                                               |                                                                 |                                                         | Total assets:                                         |             | $           | 34,478  |   |              | $      | 63,873 | 
|                                               |                                                                 |                                                         |                                                       |             |             |        
|LIABILITIES AND SHAREHOLDERS EQUITY (DEFICIT) |                                                                 |                                                         |                                                       |             |             |         |   |             
|CURRENT LIABILITIES:                           |                                                                 |                                                         |                                                       |             |             |         |   |             
|                                               | Accounts payable                                                |                                                         | $                                                     | 14,021      |             |         | $ | 7,887        |       
|                                               | Accrued expenses                                                |                                                         |                                                       | 48,538      |             |         |   | 46,538       |       
|                                               | Loan payable  related parties                                  |                                                         |                                                       | 15,000      |             |         |   |             |       
|                                               |                                                                 |                                                         |                                                       |             |             |        
|                                               |                                                                 |                                                         | Total current liabilities:                            |             |             | 77,559  |   |              |        | 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 June 30, 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 June 30, 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                                             |                                                         |                                                       | (16,047,947 | )           |         |   | (15,995,418  | )     
|                                               |                                                                 |                                                         |                                                       |             |             |        
|                                               |                                                                 |                                                         | Total shareholders equity (deficit):                 |             |             | (43,081 | ) |              |        | 9,448  | 
|                                               |                                                                 |                                                         |                                                       |             |             |        
|                                               |                                                                 |                                                         | Total liabilities and shareholders equity (deficit): |             | $           | 34,478  |   |              | $      | 63,873 | 
|                                               |                                                                 |                                                         |                                                       |             |             |        

See accompanying notes to financial statements.





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OneLink, Inc.
Statements of Operations

|                           |                                        |                           |         |                    |         |   |                  |           |          |      |         |           |         |   |          |           |          |  
|-------------------------- | -------------------------------------- | ------------------------- | ------- | ------------------ | ------- | - | ---------------- | --------- | -------- | ---- | ------- | --------- | ------- | - | -------- | --------- | -------- | -
|                           |                                        |                           |         | Three Months Ended |         |   | Six Months Ended |          
|                           |                                        |                           |         | June 30,           |         |   | June 30,         |          
|                           |                                        |                           |         |                    |         |   |                  |          
|                           |                                        |                           |         | 2003               |         |   | 2002             |           |          | 2003 |         |           | 2002    |  
|                           |                                        |                           |         |                    |         |   |                  |           |          |      |         |           |         |  
|                           |                                        |                           |         | (unaudited)        |         |   | (unaudited)      |          
|Revenues                   |                                        | $                         |        |                    |         | $ | 217,412          |           |          | $    |        |           |         | $ | 557,048  |          
|Cost of revenues           |                                        |                           |        |                    |         |   | 145,809          |           |          |      |        |           |         |   | 388,273  |          
|                           |                                        |                           |         |                    |         |   |                  |           |          |      |         |          
|                           |                                        | Gross profit              |         |                    |        |   |                  |           | 71,603   |      |         |           |        |   |          |           | 168,775  |  
|                           |                                        |                           |         |                    |         |   |                  |           |          |      |         |          
|OPERATING EXPENSES:        |                                        |                           |         |                    |         |   |                  |           |          |      |         |           |         |   |          |          
|                           | Selling                                |                           |         |                   |         |   |                  | 3,378     |          |      |         |          |         |   |          | 32,285    |         
|                           | Research and product development       |                           |         |                   |         |   |                  |          |          |      |         |          |         |   |          | 40,067    |         
|                           | General and administrative             |                           |         | 21,836             |         |   |                  | 222,450   |          |      |         | 52,529    |         |   |          | 564,815   |         
|                           | Impairment charge related to TeleSmart |                           |         |                    |         |   |                  |           |          |      |         |           |         |   |          |           |         
|                           | and TeleMetrics products               |                           |         |                   |         |   |                  | 336,506   |          |      |         |          |         |   |          | 336,506   |         
|                           |                                        |                           |         |                    |         |   |                  |           |          |      |         |          
|                           |                                        | Total Operating Expenses: |         |                    | 21,836  |   |                  |           | 562,334  |      |         |           | 52,529  |   |          |           | 973,673  |  
|                           |                                        |                           |         |                    |         |   |                  |           |          |      |         |          
|Operating loss             |                                        |                           | (21,836 | )                  |         |   | (490,731         | )         |          |      | (52,529 | )         |         |   | (804,898 | )        
|                           |                                        |                           |         |                   
|OTHER INCOME:              |                                        |                           |         |                    |         |   |                  |           |          |      |         |           |         |   |          |          
|                           | Interest income                        |                           |         |                   |         |   |                  | 11        |          |      |         |          |         |   |          | 458       |         
|                           | Other income                           |                           |         |                   |         |   |                  | 6,779     |          |      |         |          |         |   |          | 7,037     |         
|                           |                                        |                           |         |                    |         |   |                  |           |          |      |         |          
|                           |                                        | Net Loss:                 |         | $                  | (21,836 | ) |                  | $         | (483,941 | )    |         | $         | (52,529 | ) |          | $         | (797,403 | )
|                           |                                        |                           |         |                    |         |   |                  |           |          |      |         |          
|NET LOSS PER COMMON SHARE: |                                        |                           |         |                    |         |   |                  |           |          |      |         |           |         |   |          |          
|                           | Basic and diluted                      |                           | $       | (0.00              | )       |   | $                | (0.05     | )        |      | $       | (0.01     | )       |   | $        | (0.08     | )       
|                           |                                        |                           |         |                    |         |   |                  |           |          |      |         |          
|WEIGHTED-AVERAGE NUMBER OF |                                        |                           |         |                    |         |   |                  |           |          |      |         |           |         |   |          |          
|SHARES OUTSTANDING:        |                                        |                           |         |                    |         |   |                  |           |          |      |         |           |         |   |          |          
|                           | Basic and diluted                      |                           |         | 9,861,254          |         |   |                  | 9,861,254 |          |      |         | 9,861,254 |         |   |          | 9,861,254 |         
|                           |                                        |                           |         |                    |         |   |                  |           |          |      |         |          

See accompanying notes to financial statements.

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OneLink, Inc.
Statements of Cash Flows

|                                                          |                                                    |   |                                            |   |                           |         |          |         |   |          |  
|--------------------------------------------------------- | -------------------------------------------------- | - | ------------------------------------------ | - | ------------------------- | ------- | -------- | ------- | - | -------- | -
|                                                          |                                                    |   |                                            |   | Six Months Ended June 30, |        
|                                                          |                                                    |   |                                            |   |                           |        
|                                                          |                                                    |   |                                            |   | 2003                      |         |          | 2002    |  
|                                                          |                                                    |   |                                            |   |                           |         |          |         |  
|                                                          |                                                    |   |                                            |   | (unaudited)               |        
|Operating activities                                      |                                                    |   |                                            |   |                           |         |          |        
|Net loss                                                  |                                                    | $ | (52,529                                    | ) |                           | $       | (797,403 | )      
|Adjustments to reconcile net loss to net cash used in     |                                                    |   |                                            |   |                           |         |          |        
|operating activities:                                     |                                                    |   |                                            |   |                           |         |          |        
|                                                          | Depreciation and amortization                      |   |                                            |  |                           |         |          | 209,189 |  
|                                                          | Net gain on disposal of property and equipment     |   |                                            |  |                           |         |          | (7,241  | )
|                                                          | Loss on sale of TeleSmart and TeleMetrics products |   |                                            |  |                           |         |          | 336,506 |  
|                                                          | Changes in operating assets and liabilities:       |   |                                            |   |                           |         |          |         |  
|                                                          |                                                    |   | Trade accounts receivable                  |   |                           |        |          |         |   | 35,949   |  
|                                                          |                                                    |   | Prepaid expenses and deposits              |   |                           | 26,110  |          |         |   | 137,053  |  
|                                                          |                                                    |   | Accounts payable and accrued expenses      |   |                           | 8,134   |          |         |   | (3,395   | )
|                                                          |                                                    |   | Deferred revenue                           |   |                           |        |          |         |   | (53,916  | )
|                                                          |                                                    |   |                                            |   |                           |        
|                                                          |                                                    |   | Net cash used in operating activities:     |   |                           | (18,285 | )        |         |   | (143,258 | )
|                                                          |                                                    |   |                                            |   |                           |        
|Investing activities                                      |                                                    |   |                                            |   |                           |         |          |        
|Proceeds from the sale of property and equipment          |                                                    |   |                                           |   |                           |         | 8,719    |        
|                                                          |                                                    |   |                                            |   |                           |        
|                                                          |                                                    |   | Net cash provided by investing activities: |   |                           |        |          |         |   | 8,719    |  
|                                                          |                                                    |   |                                            |   |                           |        
|Financing activities                                      |                                                    |   |                                            |   |                           |         |          |        
|Proceeds from loan payable  related parties              |                                                    |   | 15,000                                     |   |                           |         |         |        
|                                                          |                                                    |   |                                            |   |                           |        
|                                                          |                                                    |   | Net cash provided by financing activities: |   |                           | 15,000  |          |         |   |         |  
|                                                          |                                                    |   |                                            |   |                           |        
|Decrease in cash                                          |                                                    |   | (3,285                                     | ) |                           |         | (134,539 | )      
|Cash at beginning of the period                           |                                                    |   | 3,346                                      |   |                           |         | 147,768  |        
|                                                          |                                                    |   |                                            |   |                           |        
|                                                          |                                                    |   | Cash at end of the period:                 |   | $                         | 61      |          |         | $ | 13,229   |  
|                                                          |                                                    |   |                                            |   |                           |        
|Supplemental cash flow information                        |                                                    |   |                                            |   |                           |         |          |        
|Cash paid for interest                                    |                                                    | $ |                                           |   |                           | $       |         |        
|Cash paid for income taxes                                |                                                    |   |                                           |   |                           |         |         |        
|                                                          |                                                    |   |                                            |  
|Supplemental non-cash investing and financing activities: |                                                    |   |                                            |   |                           |         |          |        
|Accounts received related to the sale of the TeleSmart    |                                                    |   |                                            |   |                           |         |          |        
|                                                          | and TeleMetrics products                           |   | $                                          |  |                           |         | $        | 214,300 |  

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OneLink, Inc.
Notes to Financial Statements
June 30, 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 and six months ended June 30, 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 and six months
ended June 30, 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 and six months ended June 30, 2003 and 2002.

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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 and six months ended June 30, 2003 and 2002 and the years ended December
31, 2002 and 2001 and had an accumulated deficit at June 30, 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.

Note 3.   Loans Payable  Related Parties

During the three months ended June 30, 2003, the Company received loans
from two related parties. The loans are unsecured, non-interest bearing and
due upon demand.

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Note 4.   Recently Issued Accounting Pronouncements

FIN No.    45

In November 2002, the FASB issued FASB Interpretation No. 45, Guarantors
Accounting and Disclosure Requirements for Guarantees, Including Indirect
Guarantees of Indebtedness of Others (FIN 45). FIN 45 clarifies the
requirements for a guarantors accounting for and disclosure of certain
guarantees issued and outstanding. The initial recognition and initial
measurement provisions of FIN 45 are applicable to guarantees issued or
modified after December 31, 2002. The disclosure requirements of FIN 45 are
effective for financial statements for periods ending after December 15, 2002.
The adoption of FIN 45 did not impact the Companys financial statements.

FIN No.    46

In January 2003, the FASB issued FASB Interpretation No. 46,
Consolidation of Variable Interest Entities (FIN 46). FIN 46 states that
companies that have exposure to the economic risks and potential rewards from
another entitys assets and activities have a controlling financial interest in
a variable interest entity and should consolidate the entity, despite the
absence of clear control through a voting equity interest. The consolidation
requirements apply to all variable interest entities created after January 31,
2003. For variable interest entities that existed prior to February 1, 2003,
the consolidation requirements are effective for annual or interim periods
beginning after June 15, 2003. Disclosure of significant variable interest
entities is required in all financial statements issued after January 31, 2003,
regardless of when the variable interest was created. The Company does not
expect the adoption of FIN 46 to have a material impact on its financial
statements.

Note 5.   Subsequent Events

On July 25, 2003, a special committee of the Board of Directors of the
Company approved the private placement of up to 11,000,000 shares of the
Companys $.01 par value common stock to a select number of investors. The
purchase price of the common shares will be $.02 per share.

On July 25, 2003, the Company obtained a $10,000 unsecured, non-interest
bearing, due upon demand loan from a related party. It is anticipated that
this loan will be converted to common stock as part of the private placement
discussed above.




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.

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Results of Operations

The Three and Six Months Ended June 30, 2003 Compared to the Three and Six Months
Ended June 30, 2002

Revenues.The Companys revenues for the three and six months ended June
30, 2003 were $0 and $0, respectively, both are a 100% decrease, compared to
$217,000 and $557,000 for the three and six months ended June 30, 2002,
respectively. 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 and six months ended June 30, 2003 were $0 and $0, respectively, compared
to $146,000 and $388,000 for the three and six months ended June 30, 2002,
respectively, both are decreases of 100%. The decreases were the result of the
Company ceasing operations on July 1, 2002.

Gross profit for the three and six months ended June 30, 2003 was $0 and
$0, respectively, compared to $72,000 and $169,000 for the three and six months
ended June 30, 2002, respectively, both are decreases of 100%. Gross profit as
a percentage of revenues was 33% and 30% for the three and six months ended
June 30, 2002, respectively.

Research and Product Development Expenses. Research and product
development expenses for the three and six months ended June 30, 2003 were $0
and $0, respectively, compared to $0 and $40,000 for the three and six months
ended June 30, 2002, respectively, The decreases 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 and six months ended
June 30, 2003 were $0 and $0, respectively, compared to $3,000 and $32,000 for
the three and six months ended June 30, 2002, respectively.

General and Administrative Expenses. General and administrative expenses
for the three and six months ended June 30, 2003 were $22,000 and $53,000,
respectively, consisting mainly of insurance, legal and accounting expenses,
compared to $222,000 and $565,000 for the three and six months ended June 30,
2002, respectively. The decreases mainly resulted from reductions of overall
expenses of the Company and were also due to the Company ceasing operations on
July 1, 2002.

Other Income and Expense.During the three months ended June 30, 2002,
the Company recorded an impairment loss on long-term prepaid expense and
property and equipment sold to
CallVision, Inc. of $337,000. Other non-interest income was $7,000 for the
three months ended June 30, 2002, including finance charges and a gain from the
sale of miscellaneous property and equipment.

Net Loss. The Company incurred a net loss of $22,000 and $53,000 for the
three and six months ended June 30, 2003, compared to a net loss of $484,000
and $797,000, respectively, for the comparable periods in the prior year.
These reductions are 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 $43,000 and working capital of $9,000 at June 30, 2003 and December
31, 2002, respectively. Cash used in operations was $18,000 and $143,000 for
the six months ended June 30, 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 six months ended June 30, 2002 and
a

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decrease in deferred revenue. These uses were partially offset by non-cash
expenses for depreciation and amortization, a non-cash expense for the loss on
sale of TeleSmart and TeleMetrics, decreases in accounts receivable and prepaid
expenses and deposits and an increase in accounts payable and accrued expenses.

Cash provided by investing activities was $9,000 for the three months
ended June 30, 2002, primarily related to the sale of miscellaneous property
and equipment.

Proceeds from loans provided $15,000 of cash during the six months ended
June 30, 2003. The loans are unsecured, non-interest bearing and due upon
demand

On July 1, 2002 the Company ceased business operations. Accordingly, the
Company engaged in no business operations during the three and six months ended
June 30, 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.

The Company does not have enough capital to fund its current operations
for the next twelve months. On July 25, 2003, a special committee of the Board
of Directors of the Company approved the private placement of up to 11,000,000
shares of the Companys $.01 par value common stock to a select number of
investors. The purchase price of the common shares will be $.02 per share. If
the Company were to receive the full amount of the private placement,
management believes that it would 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 on 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.

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.

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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

We carried out an evaluation, with the participation of our chief
executive and chief financial officers, of the effectiveness, as of June 30,
2003, of our disclosure controls and procedures (as defined in Rules 13a-15(e)
and 15d-15(e) of the Securities Exchange Act of 1934). Based upon that evaluation, our chief
executive officer and chief financial officer concluded that our disclosure
controls and procedures are effective in alerting them on a timely basis to
material information required to be disclosed in our periodic reports to the
Securities and Exchange Commission.




PART II    Other Information




Item 6.   Exhibits and Reports on Form 8-K

|                         |                                                          |  |  | 
|------------------------ | -------------------------------------------------------- |  |  | 
|(a)  Exhibits            |                                                          |  | 
|                         |                                                          |  |  | 
|31.1                     | Rule 13a-14(a) Certification of Chief Executive Officer. |  |  | 
|31.2                     | Rule 13a-14(a) Certification of Chief Financial Officer. |  |  | 
|32                       | Section 1350 Certification.                              |  |  | 
|                         |                                                          |  |  | 
|(b)  Reports on Form 8-K |                                                          |  | 
|                         |                                                          |  |  | 
|None                     |                                                          |  |  | 

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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:  August 11, 2003 |  |  |  |  |  |  |  | By:    /s/ Ronald E. Eibensteiner              
|                       |  |  |  |  |  |  |  | Title:    President and Chief Executive Officer
|                       |  |  |  |  |  |  |  |                                                
|Date:  August 11, 2003 |  |  |  |  |  |  |  | By:    /s/ Brian D. Niebur                     
|                       |  |  |  |  |  |  |  | Title:    Chief Financial Officer              
|                       |  |  |  |  |  |  |  | (Principal Accounting Officer)                 

10