8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549




                                    FORM 8-K

                CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF
                     THE SECURITIES AND EXCHANGE ACT OF 1934


                                   MAY 2, 2001
                Date of Report (date of Earliest Event Reported)


                               I-LINK INCORPORATED
             (Exact Name of Registrant as Specified in its Charter)


            FLORIDA                       0-17973                 59-2291344
(State or Other Jurisdiction of    (Commission File No.)      (I.R.S. Employer
Incorporation or Organization)                               Identification No.)





         13571 SOUTH WADSWORTH PARK DRIVE, SUITE 200, DRAPER, UTAH 84020
              (Address of principal executive offices and zip code)


                                 (801) 576-5000
              (Registrant's telephone number, including area code)


                                 NOT APPLICABLE
          (Former name or former address, if changed from last report)



ITEM 5.  OTHER EVENTS

RESIGNATION OF AN EXECUTIVE OFFICER

         John M. Ames has resigned his position as the Chief Financial Officer
of the Company and terminated his employment with the Company effective May 2,
2001. The Company has not designated his successor as of the date of this
Current Report. The Press Release is attached hereto as Exhibit 99.1.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

         (a)      FINANCIAL STATEMENTS OF BUSINESS ACQUIRED.

                  N/A.

         (b)      PRO FORMA FINANCIAL INFORMATION.

                  N/A.

         (c)      EXHIBITS.

                  99.1     Press Release dated May 2nd, 2001 regarding, INTER
                           ALIA, J. Ames' resignation as the Chief Financial
                           Officer of I-Link Incorporated.


                          [THE SIGNATURE PAGE FOLLOWS.]

                                       2


                                    SIGNATURE
                                    ---------

         Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.

                                                     I-LINK INCORPORATED


Date:    May 3, 2001                                 By: /s/ David E. Hardy
                                                         -----------------------
                                                         Secretary


                                       3

EX-99.1

EXHIBIT 99.1


                      I-LINK MOVES TO NEXT PHASE OF GROWTH;
                  APPOINTS GARY J. WASSERSON PRESIDENT AND CEO

WEDNESDAY, MAY 02, 2001 4:36 PM - BusinessWire

DRAPER, Utah, May 2, 2001 (BUSINESS WIRE) -- I-Link Inc. (Nasdaq:ILNK), an
enhanced Internet Protocol (IP) voice and data communications company, today
announced the appointment of Gary J. Wasserson to the position of President and
CEO of the Company. Mr. Wasserson was formerly the President and CEO of
WebToTel, Inc., the parent company of Nexbell Communications, which was acquired
by I-Link in April. John Edwards has resigned his position as CEO of I-Link. He
will continue to advise I-Link regarding certain sales and marketing
initiatives. John Ames has resigned his position as CFO of I-Link. His successor
has not yet been named.

As part of the merger of I-Link and Nexbell, I-Link's board of directors
undertook a detailed strategic review of the Company's operations. As a result
of that effort, in addition to the changes in management, I-Link will close its
offices in Phoenix, Arizona and Tel Aviv, Israel. The operations currently
conducted in those offices will be consolidated into I-Link's Draper, Utah and
Cleveland, Ohio locations. I-Link also plans to reduce its workforce by
approximately 30 positions over the next few weeks and to continue to actively
identify opportunities to maximize the efficiency of its operations.

"We believe that these changes position I-Link to move to the next phase of its
growth," said Mr. Wasserson. "I-Link now has the team, the technology and the
network in place to support a strong sales and marketing initiative. We are
prepared to leverage I-Link's superior technology to generate substantial
revenues and solidify our reputation as the premier global telco-grade VoIP
company."

About I-Link
Headquartered in Draper, Utah, I-Link (Nasdaq:ILNK) is an enhanced voice/data
service provider. I-Link offers a full range of enhanced services such as
one-number call routing; caller screening; unified voice, fax, pager and e-mail
messaging; voice- and fax-on-demand; conference calling; and seamless call
transfer from cell phone to land-line and vice versa via a direct connection to
its nationally deployed IP telephony network. I-Link's open API-programming
platform for enhanced IP communications, Gatelink, uses softswitch technology to
rapidly create and deploy IP-based, enhanced communications services with less
expense and complexity. For further information, visit I-Link's website at
www.i-link.com.

This news release may include statements that constitute forward-looking
statements, usually containing the words "believe," "estimate," "project,"
"expects," or similar expressions. These statements are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements inherently involve risks and uncertainties that could
cause actual results to differ materially from the forward-looking statements.
By making these forward-looking statements, the Company undertakes no obligation
to update these statements for revisions or changes after the date of this
document.

CONTACT:          I-Link Inc.
                  Gary Wasserson
                  (212) 286-5015
                  garyw@i-link.net