<PAGE>   1
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q/A
(Mark One)
[X]          QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended  September 30, 1999

                                       OR

[ ]         TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

For the transition period from                     to

Commission File Number 000-26451

                               PRO NET LINK CORP.

Incorporated in the                                IRS Employer Identification
State of Nevada                                    Number   88-0333454

                                645 Fifth Avenue
                            New York, New York 10022
                                 (212) 688-8838

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.

                           Yes         No X

Registrant had 50,268,570 shares of common stock outstanding as of September 30,
1999.


          -----------------------------------------------------------

                        This report consists of 14 pages
<PAGE>   2
                               PRO NET LINK CORP.
                                      INDEX



                         PART I - FINANCIAL INFORMATION
                                                                            Page
                                                                             No.
                                                                             ---
ITEM 1.  Financial Statements

         Condensed Statements of Operations - Three
          Months Ended September 30, 1999 and 1998............................3

         Condensed Balance Sheets - as of September
          30, 1999 and June 30, 1999..........................................4

         Condensed Statements of Cash Flows - Three
          Months Ended September 30, 1999 and 1998...........................5-6

         Notes to Condensed Financial Statements............................ 7-8

ITEM 2.  Management's Discussion and Analysis of
          Financial Condition and Results of
          Operations........................................................9-12


                                 PART II - OTHER INFORMATION


ITEM 6.  Exhibits and Reports on Form 8-K.....................................13

SIGNATURES....................................................................14
<PAGE>   3

ITEM 1.  FINANCIAL STATEMENTS

                               PRO NET LINK CORP.
                       CONDENSED STATEMENTS OF OPERATIONS



<TABLE>
<CAPTION>
                                                      Three Months Ended
                                                        September 30,
                                                   1999               1998
                                               ------------      ------------
<S>                                            <C>               <C>
Revenue                                        $    241,802      $     11,759
                                               ------------      ------------

Expenses
    Website development                             286,308           159,701
    Commissions                                      90,500            12,375
    Selling, general and administrative             514,040           161,724
    Non-cash compensation expense                   340,000             --
    Depreciation                                      5,688             3,271
    Interest expense (net)                            3,511               303
                                               ------------      ------------

             Total expenses                       1,240,047           337,374
                                               ------------      ------------

             Net loss                          ($   998,245)     ($   325,615)
                                               ============      ============


Basic loss per share of common stock           ($       .02)     ($       .01)
                                               ============      ============

Weighted average common shares outstanding       50,224,820        38,099,500
                                               ============      ============
</TABLE>

   The accompanying notes are an integral part of these financial statements.

                                       -3-
<PAGE>   4


                               PRO NET LINK CORP.
                            CONDENSED BALANCE SHEETS


<TABLE>
<CAPTION>
                                     ASSETS
                                                                                   September 30,      June 30,
                                                                                       1999             1999
<S>                                                                                <C>              <C>
Current assets
    Cash                                                                           $    58,865      $   285,259
    Prepaid expenses                                                                    30,000          104,912
                                                                                   -----------      -----------

             Total current assets                                                       88,865          390,171

Fixed assets, net of accumulated depreciation
    of $28,436 at September 30, 1999 and
    $22,748 at June 30, 1999                                                           191,469          113,985

Other assets                                                                           144,885          144,385
                                                                                   -----------      -----------

             Total assets                                                          $   425,219      $   648,541
                                                                                   ===========      ===========


                 LIABILITIES AND SHAREHOLDERS' (DEFICIT) EQUITY

Current liabilities
    Loan payable - bank                                                            $   500,000      $      --
    Accounts payable and accrued expenses                                              284,132          396,664
    Deferred income                                                                     39,780           42,325
    Notes payable - shareholder                                                          3,520            3,520
                                                                                   -----------      -----------

             Total current liabilities                                                 827,432          442,509
                                                                                   -----------      -----------

Shareholders' (deficit) equity

Common stock $.001 par value, 150,000,000 shares authorized; issued 50,268,570
    shares at September 30, 1999 and 50,068,570 shares at
    June 30, 1999                                                                       50,269           50,069

Common stock to be issued; 600,000 shares at
    September 30, 1999 and 800,000 shares at
    June 30, 1999                                                                          600              800
Additional paid-in capital                                                           5,561,368        5,221,368
Deficit                                                                             (4,864,450)      (3,866,205)
Stock subscriptions receivable                                                      (1,150,000)      (1,200,000)
                                                                                   -----------      -----------

             Total shareholders' (deficit) equity                                     (402,213)         206,032
                                                                                   -----------      -----------

             Total liabilities and shareholders'
               (deficit) equity                                                    $   425,219      $   648,541
                                                                                   ===========      ===========
</TABLE>

   The accompanying notes are an integral part of these financial statements.

                                       -4-
<PAGE>   5
                               PRO NET LINK CORP.
                       CONDENSED STATEMENTS OF CASH FLOWS



<TABLE>
<CAPTION>
                                                      Three Months Ended
                                                         September 30,
                                                      1999           1998
                                                   ---------      ---------
<S>                                                <C>            <C>
Cash flows from operating activities
    Net loss                                       ($998,245)     ($325,615)
    Adjustments to reconcile net loss to
        net cash used in operating activities
      Depreciation and amortization                    5,688          3,271
      Amortization of deferred rental income          (2,545)          --
      Non-cash compensation                          340,000           --

    Changes in assets and liabilities
      Decrease in prepaid expenses                    74,912          7,713
      Increase in other assets                          (500)          --
      (Decrease) increase in accounts payable
        and accrued expenses                        (112,532)        13,955
                                                   ---------      ---------

Net cash used in operating activities               (693,222)      (300,676)
                                                   ---------      ---------

Cash flows from investing activities
    Purchase of fixed assets                         (83,172)       (30,382)
                                                   ---------      ---------

Net cash used in investing activities                (83,172)       (30,382)
                                                   ---------      ---------

Cash flows from financing activities
    Proceeds from sale of common stock                50,000        200,000
    Proceeds from notes payable - bank               500,000        180,000
    Repayment of notes payable to shareholders          --          (60,300)
    Repayment of notes payable to others                --          (23,500)
                                                   ---------      ---------

Net cash provided by financing activities            550,000        296,200
                                                   ---------      ---------


Net decrease in cash and cash equivalents           (226,394)       (34,858)

Cash - beginning of period                           285,259        258,139
                                                   ---------      ---------

Cash - end of period                               $  58,865      $ 223,281
                                                   =========      =========
</TABLE>

   The accompanying notes are an integral part of these financial statements.

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<PAGE>   6
                               PRO NET LINK CORP.
                       CONDENSED STATEMENTS OF CASH FLOWS




<TABLE>
<CAPTION>
                                                                            Three Months Ended
                                                                               September 30,
                                                                             1999         1998
                                                                          ---------     ------
<S>                                                                       <C>           <C>
Supplemental disclosure of cash flow information:

    Cash paid for interest                                                $   1,083     $ 1,250
                                                                          =========     =======


Supplemental schedule of non cash financing and investing activities:

    Barter sales in exchange for website and
        marketing expenses                                                $ 240,000     $  --
                                                                          =========     =======

    Security deposit of previous tenant credited
        on new lease                                                      $    --       $52,073
                                                                          =========     =======
    Stock options issued in conjunction with consulting agreement--
        non-cash compensation                                             $ 340,000
                                                                          =========
</TABLE>
   The accompanying notes are an integral part of these financial statements.


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                               PRO NET LINK CORP.
                    NOTES TO CONDENSED FINANCIAL STATEMENTS


Note - 1 Interim Financial Statements.

         The Company is no longer in the development stage and the interim
         financial statements of Pro Net Link Corp. (the "Company" or "Pro Net
         Link") have been prepared in accordance with the instructions to Form
         10-Q and Article 10 of Regulation S-X. Accordingly, they do not include
         all information and disclosures necessary for a presentation of the
         Company's financial position, results of operations and cash flows in
         conformity with generally accepted accounting principles. In the
         opinion of management, these financial statements reflect all
         adjustments, consisting only of normal recurring accruals, necessary
         for a fair presentation of the Company's financial position, results of
         operations and cash flows for such periods. The results of operations
         for any interim periods are not necessarily indicative of the results
         for the full year.

Note - 2 Earnings (Loss) per Common Share:

         The reconciliation of basic and diluted (loss) earnings per common
         share computation is as follows:

<TABLE>
<CAPTION>
                                                            Three Months Ended
                                                              September 30,

                                                          1999               1998
                                                       -----------      ------------
<S>                                                    <C>              <C>
              Net (loss) available for common
                stock equivalent shares
                deemed to have a dilutive effect       ($  998,245)     ($   325,615)
                                                       ===========      ============
              (Loss) per common share
                  Basic                                ($      .02)     ($       .01)
                                                       ===========      ============
                  Diluted                              ($      .02)     ($       .01)
                                                       ===========      ============

              Shares used in computation:
                  Basic:
                    Weighted average common shares      50,224,820        38,099,500
                                                       ===========      ============
                  Diluted:
                    Weighted average common shares
                    Common stock equivalents                    (1)               (1)
                                                       -----------      ------------

                                                        50,224,820        38,099,500
                                                       ===========      ============
</TABLE>

                  (1) For the three months ended September 30, 1999 and the
                  three months ended September 30, 1998 the effect of
                  exercising the outstanding stock  options would have been
                  anti-dilutive and therefore, the use of common stock
                  equivalent shares was not considered.


                                       -7-
<PAGE>   8
                               PRO NET LINK CORP.
               NOTES TO CONDENSED FINANCIAL STATEMENTS (Continued)


Note - 3 Related Party Agreements.

     On February 19, 1999, the Company entered into a consulting agreement with
     Zagoren-Zozzora, Inc. ("ZZI"), under which ZZI provides on-going marketing
     and business functions to Pro Net Link, including the development of
     marketing plans, general business consultation, supervision of marketing
     tools and the investigation and recommendation of strategic alliances and
     other business opportunities. Glenn Zagoren, the President of ZZI,
     currently serves as Chairman of the Board of Directors of Pro Net Link, and
     spends substantially all of his time in such capacity. The current
     consulting agreement, which expires in February 2000, provides that ZZI be
     paid $10,000 per month by Pro Net Link for its services. For the quarter
     ended September 30,1999, Pro Net Link paid ZZI $30,000. In addition, the
     Company recognized $340,000 of non cash compensation expense related to
     options granted to Mr. Zagoren during the year ended June 30, 1999. An
     additional $660,000 will be amortized through the remaining period of the
     consulting agreement.



                                       -8-
<PAGE>   9
ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS
         OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS


RESULTS OF OPERATIONS

Three Months Ended September 30, 1999 and September 30, 1998

Revenue

The Company's revenue increased from $11,759 for the three month period ended
September 30, 1998 to $241,802 for the three month period ended September 30,
1999. The revenue increase occurred primarily because of the Company's bartering
transactions with approximately ten companies in exchange for website
development and marketing expenses.

For much of the period beginning from the Company's inception in July 1997 to
the fiscal quarter ending June 30, 1999, the Company has been designing,
developing and marketing its website. The Company believes that the increases
in its revenue are generally the result of its transition to its
revenue generation stage.

Expenses

Total expenses, excluding non-cash compensation expense of $340,000, increased
from $337,374 for the three month period ended September 30, 1998 to $900,047
for the three month period ended September 30, 1999. Additionally, the expenses
during this period include a non-cash compensation expense of $340,000, which is
the fair market value of options issued with respect to consulting services
being provided by a company whose president is also the Chairman of the Company.


The increase in website development expenses was principally due to bartering
transactions of approximately $147,000 less a decrease in other website costs of
approximately $20,000. The increase in general and administrative expenses is
due to an increase in new employees (resulting in an increase of $120,000 in
payroll expenses), an increase in insurance costs of approximately $22,000, an
increase in professional fees of approximately $12,000, an increase in
advertising and marketing expenses of approximately $110,000 (which includes
barter transactions of $69,000) and increases in various office expenses.


YEAR 2000

Many current installed computer systems and software products are coded to
accept only two-digit entries in the date code field and cannot reliably
distinguish dates beginning on January 1, 2000 from


                                       -9-
<PAGE>   10
dates prior to the year 2000. Many companies' software systems may need to be
upgraded or replaced in order to correctly process dates beginning in 2000 and
to comply with the "Year 2000" requirements. Pro Net Link has reviewed its
internal programs and has determined that all products and
information/non-information technologies systems are Year 2000 compliant, due in
large part to the limited operating history of Pro Net Link and the emphasis on
compliance during the planning and development stages of Pro Net Link. To date,
Pro Net Link has not incurred costs which can be attributed to Year 2000
compliance and believes that any future actions taken in connection with Year
2000 compliance will not have a material effect on its operating results or
financial condition.

Pro Net Link works with third parties, including vendors and companies with
which it enjoys cooperative service relationships, that use equipment and
software that may not be Year 2000 compliant. We have sought and received
written assurances of Year 2000 compliance from the suppliers of our access to
the Internet. We believe that our website will not be adversely affected by
other third parties that are not Year 2000 compliant because our site and its
content is hosted entirely by our own servers.


LIQUIDITY AND CAPITAL RESOURCES

Pro Net Link has used cash in its operating and investing activities in varying
amounts since the inception of its business in July 1997. For the quarter ended
September 30, 1999, net cash used in operating activities was $693,222 and net
cash used in investing activities was $83,172. Net cash provided by financing
activities during this period was $550,000, which consisted of $500,000 of
borrowings under a revolving line of credit ($200,000 of which was repaid in
October of 1999), and of $50,000 from the proceeds of the issuance of equity of
the Company. At September 30, 1999, the Company had $58,865 of cash.

Historically, most of the Company's liquidity has been provided by private
placements of equity securities which reached approximately $ 3,224,000,
cumulatively, from the date of the Company's inception through October 31, 1999.

The substantial capital investments required to initiate Pro Net Link's services
and the funding of the Company's initial operations has resulted in negative
cash flow in all periods since its inception. The Company expects that it will
continue to have substantial capital requirements in connection with the
continued development, implementation and marketing of its products and
services. Based on our current estimates of cash requirements for


                                      -10-
<PAGE>   11
the next 12 months, which includes cash to fund our expansion activities
associated with the development of the Company's markets, Pro Net Link expects
to continue to have negative cash flow throughout 1999 and in 2000. Although we
plan to invest in expansion of certain of our business units, we have no
material commitments for such items at this time. There can be no assurance that
Pro Net Link will attain break-even cash flow in this fiscal year, or in future
fiscal periods.

However, we believe the trend for cash flows for the Company is positive. Due to
our transition from our development stage to the implementation of our selling
phase with the launch of the current version of our website in April of 1999, we
have begun to generate more significant revenues. The Company's recent
activities have included the launch of its Internet trade news facility, known
as PNL-TV, whose programming includes paid advertising, and the hiring of
additional sales professionals. The Company believes that its revenues will
increase as it continues to implement its business plan. The Company believes
that these revenues will meet some of its capital requirements.

Until sufficient cash flow is generated, Pro Net Link will be required to
utilize its revenues and current and future capital resources to meet its cash
flow requirements. During October of 1999, the Company repaid $200,000 of the
$500,000 of indebtedness it had incurred under its revolving credit facility. As
a result, the Company currently has such amount available to it under such
facility at terms which include an interest rate of 1% over the lender's base
rate. In September and October 1999 the Company received $500,000 in partial
payment of certain capital stock subscriptions (which were priced at $2.00 per
share). Additionally, the Company expects the $700,000 balance of these capital
stock subscriptions to be received in November and December of 1999. However,
there can be no assurances that such amounts will be paid. Accordingly, the
Company may be required to issue additional debt and/or equity securities or
secure additional credit facilities to fund its long-term cash requirements.

INFORMATION REGARDING FORWARD-LOOKING STATEMENTS

The information set forth above in "Management's Discussion and Analysis of
Financial Conditions and Results of Operations" includes forward-looking
statements that involve numerous risks and uncertainties including, but not
limited to, the demand for the Company's services and the ability of the Company
to successfully implement its strategies, each of which may be impacted, among
other things, by economic and competitive or technological conditions.
Forward-looking statements can be identified by the use of forward-looking
terminology such as "estimates," "projects," "anticipates," "expects,"
"intends," "believes," or the negative thereof or other variations thereon or
comparable terminology or by discussions of strategy that involve risks and
uncertainties. The


                                      -11-
<PAGE>   12
Company's actual results could differ materially from those anticipated in such
forward-looking statements and readers are cautioned not to place undue reliance
on any forward-looking statements contained in this report. The Company
undertakes no obligation to publish the results of any adjustments to these
forward-looking statements that may be made to reflect events on or after the
date of this report or to reflect the occurrence of unexpected events.



                                      -12-
<PAGE>   13
                           PART II - OTHER INFORMATION


ITEM 6.         EXHIBITS AND REPORTS ON FORM 8-K

                a.       Exhibit Index

Number          Exhibit

3.1             Amended and Restated Articles of Incorporation of Pro Net
                Link.  Exhibit 3.1 to the Company's Registration Statement
                on Form 10, filed with the Commission on June 21, 1999
                (No. 000-26451) is incorporated herein by reference.

3.2             By-laws of Pro Net Link.  Exhibit 3.2 to the Company's
                Registration Statement on Form 10, filed with the
                Commission on June 21, 1999 (No. 000-26451) is
                incorporated herein by reference.

27.1            Financial Data Schedule (For SEC Use Only).

                b.       Reports on Form 8-K

                         No reports on Form 8-K were filed during the first
                         quarter of the registrant's fiscal year ending June 30,
                         2000.


                                      -13-
<PAGE>   14
                                   SIGNATURES

                Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this Form 10Q/A to be signed on its behalf
by the undersigned thereunto duly authorized.








Dated: December 14, 1999

                                                 PRO NET LINK CORP.
                                                 (Registrant)


                                                 By: /s/ Jean Pierre Collardeau
                                                     Jean Pierre Collardeau
                                                     Chief Executive Officer


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