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Previous: QUESTCOR PHARMACEUTICALS INC, 8-K/A, 1999-12-14 |
Next: BANCO SANTANDER CENTRAL HISPANO SA, 13F-HR, 1999-12-14 |
Rule 424(b)(3) and (c)
File No. 333-76703
ONELINK COMMUNICATIONS, INC.
PROSPECTUS SUPPLEMENT #2 TO THE PROSPECTUS
DATED MAY 12, 1999
On November 10, 1999, OneLink Communications, Inc. announced the results for its third quarter, which ended on September 30, 1999.
THIRD QUARTER /YEAR-TO-DATE HIGHLIGHTS:
THIRD QUARTER RESULTS:
We reported revenues from continuing operations for the three months ended September 30, 1999 of $501,302 compared to $408,508 for the three months ended September 30, 1998, an increase of $92,794 or 23%. Gross profits from continuing operations for the third quarter of 1999 increased to $261,765 or 90% in comparison to $137,756 for the third quarter of 1998. Net loss from continuing operations for the third quarter was $222,410 compared to $269,525 for the third quarter 1998.
YEAR-TO-DATE RESULTS:
For the nine months ended September 30, 1999, we reported revenues from continuing operations of $1,387,964 compared to $1,085,129 for the same period in 1998, an increase of 28%. Gross profits from continuing operations increased for the nine months ended September 30, 1999 to $630,497 from $365,277 for the same period in 1998. The Company's net loss from continuing operations decreased 18% to $756,598 for the nine months ended September 30, 1999 compared to $917,262 for the same period in 1998.
OneLink Communications, Inc.
Condensed Statements of Operations
(unaudited)
| |
Three Months Ended September 30, |
Nine Months Ended September 30, |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| |
1999 |
1998 |
1999 |
1998 |
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| Sales from Continuing Operations | $ | 501,302 | $ | 408,508 | $ | 1,387,964 | $ | 1,085,129 | |||||
| Gross Profit from Continuing Operations | 261,765 | 137,756 | 630,497 | 365,277 | |||||||||
| Operating Expenses from Continuing Operations | 496,251 | 413,236 | 1,417,660 | 1,284,166 | |||||||||
| Operating Loss from Continuing Operations | (234,486 | ) | (275,480 | ) | (787,163 | ) | (918,889 | ) | |||||
| Net Loss from Continuing Operations | (222,410 | ) | (269,525 | ) | (756,598 | ) | (917,262 | ) | |||||
| Income from Discontinued Operations | 0 | 52,762 | 0 | 110,444 | |||||||||
| Net Gain on disposal of Discontinued Assets | 0 | 28,299 | 0 | 28,227 | |||||||||
| Net Loss | (222,410 | ) | (188,464 | ) | (756,598 | ) | (778,591 | ) | |||||
| Net Loss per share from Continuing Operations (Basic and diluted) | $ | (.03 | ) | $ | (.05 | ) | $ | (.12 | ) | $ | (.18 | ) | |
| Net Loss per share (Basic and diluted) | $ | (.03 | ) | $ | (.04 | ) | $ | (.12 | ) | $ | (.16 | ) | |
| Weighted Average Shares Outstanding (Basic and diluted) | 7,039,288 | 4,995,607 | 6,434,585 | 4,993,600 | |||||||||
On July 29, 1999, OneLink Communications, Inc. announced its second quarter results.
Second Quarter/Year-to-Date Highlights:
FINANCIAL DETAIL
OneLink reported revenues from continuing operations for the three months ended June 30, 1999 of $409,117 compared to $399,454 for the three months ended June 30, 1998, an increase of $9,663 or 2%. However, year to date revenues have increased by 31%, with revenues for the six months ended June 30, 1999 of $886,661 compared to $676,622 for the same period in 1998. The increase is a result of the growth of service bureau revenues for TeleSmart Data Services.
Gross profits from continuing operations for the second quarter of 1999 increased to $176,033 or 25% in comparison to $140,592 for the second quarter of 1998. For the six months ended June 30, 1999, gross profit was $368,732 compared to $227,522 for the same period in 1998, an increase of 31%. These improvements came as a result of the continued strong gross margins driven by the TeleSmart service bureau business.
Net loss from continuing operations for the second quarter was $281,207 compared to $285,017 for the second quarter 1998. The Company's net loss from continuing operations decreased 18% to $534,190 for the six months ended June 30, 1999 compared to $647,737 for the same period in 1998.
OneLink Communications, Inc.
Condensed Statements of Operations
(unaudited)
| |
Three Months Ended June 30, |
Six Months Ended June 30, |
|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| |
1999 |
1998 |
1999 |
1998 |
|||||||||
| Sales from Continuing Operations | $ | 409,117 | $ | 399,454 | $ | 886,661 | $ | 676,622 | |||||
| Gross Profit from Continuing Operations | 176,033 | 140,592 | 368,732 | 227,522 | |||||||||
| Operating Expenses from Continuing Operations | 471,491 | 431,614 | 921,410 | 870,931 | |||||||||
| Operating Loss from Continuing Operations | (295,458 | ) | (291,022 | ) | (552,678 | ) | (643,409 | ) | |||||
| Net Loss from Continuing Operations | (281,207 | ) | (285,017 | ) | (534,190 | ) | (647,737 | ) | |||||
| Income (Loss) from Discontinued Operations | 0 | 36,990 | 0 | 57,682 | |||||||||
| Net Gain (Loss) on disposal of Discontinued Assets | 0 | (883 | ) | 0 | (72 | ) | |||||||
| Net Loss | (281,207 | ) | (248,910 | ) | (534,190 | ) | (590,127 | ) | |||||
| Net Loss per share from Continuing Operations (Basic and Diluted) | $ | (.04 | ) | $ | (.06 | ) | $ | (.09 | ) | $ | (.13 | ) | |
| Net Loss per share (Basic and Diluted | $ | (.04 | ) | $ | (.05 | ) | $ | (.09 | ) | $ | (.12 | ) | |
| Weighted Average Shares Outstanding (Basic and Diluted) | 6,932,947 | 4,993,454 | 5,919,334 | 4,992,580 | |||||||||
THE DATE OF THIS PROSPECTUS SUPPLEMENT IS DECEMBER 14, 1999
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