<ARTICLE> 5 <PERIOD-TYPE> 6-MOS 3-MOS <FISCAL-YEAR-END> JUN-30-2000 JUN-30-2000 <PERIOD-END> DEC-31-1999 DEC-31-1999 <CASH> 3,157,908 3,157,908 <SECURITIES> 2,005,256 2,005,256 <RECEIVABLES> 2,968,447 2,968,447 <ALLOWANCES> 0 0 <INVENTORY> 8,292 8,292 <CURRENT-ASSETS> 8,174,213 8,174,213 <PP&E> 11,871,007 11,871,007 <DEPRECIATION> 2,060,843 2,060,843 <TOTAL-ASSETS> 18,020,144 18,020,144 <CURRENT-LIABILITIES> 3,279,549 3,279,549 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 56,012,013 56,012,013 <OTHER-SE> 0 0 <TOTAL-LIABILITY-AND-EQUITY> 18,020,144 18,020,144 <SALES> 0 0 <TOTAL-REVENUES> 4,851,367 3,056,805 <CGS> 0 0 <TOTAL-COSTS> 3,234,763 2,008,943 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 56,250 56,250 <INCOME-PRETAX> 1,891,014 1,018,262 <INCOME-TAX> 37,821 20,365 <INCOME-CONTINUING> 1,853,194 997,897 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 1,853,194 1,018,262 <EPS-BASIC> 0.11 0.06 <EPS-DILUTED> 0.10 0.06