<ARTICLE> 5 <PERIOD-TYPE> 3-MOS 9-MOS <FISCAL-YEAR-END> JUN-30-1998 JUN-30-1998 <PERIOD-END> MAR-31-1998 MAR-31-1998 <CASH> 2,736,134 2,736,134 <SECURITIES> 5,019,025 5,019,025 <RECEIVABLES> 318,220 318,220 <ALLOWANCES> 0 0 <INVENTORY> 6,976,602 6,976,602 <CURRENT-ASSETS> 15,773,030 15,773,030 <PP&E> 7,597,314 7,597,314 <DEPRECIATION> 902,687 902,687 <TOTAL-ASSETS> 22,525,224 22,524,224 <CURRENT-LIABILITIES> 620,399 620,399 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 54,144,899 54,144,899 <OTHER-SE> 0 0 <TOTAL-LIABILITY-AND-EQUITY> 22,524,224 22,524,224 <SALES> 0 0 <TOTAL-REVENUES> 134,449 2,035,664 <CGS> 0 0 <TOTAL-COSTS> 1,214,659 3,704,741 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 0 0 <INCOME-PRETAX> (600,885) (1,834,830) <INCOME-TAX> 0 0 <INCOME-CONTINUING> (600,885) (1,834,830) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (600,885) (1,834,830) <EPS-PRIMARY> (0.04) (0.11) <EPS-DILUTED> (0.04) (0.11)