<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-2001 <PERIOD-START> JUL-01-2000 <PERIOD-END> DEC-31-2000 <CASH> 702,609 <SECURITIES> 0 <RECEIVABLES> 185,679 <ALLOWANCES> 0 <INVENTORY> 283,846 <CURRENT-ASSETS> 1,298,142 <PP&E> 2,079,029 <DEPRECIATION> 979,145 <TOTAL-ASSETS> 4,737,563 <CURRENT-LIABILITIES> 6,769,213 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 272,500 <OTHER-SE> 1,730,049 <TOTAL-LIABILITY-AND-EQUITY> 4,737,563 <SALES> 530,629 <TOTAL-REVENUES> 2,338,734 <CGS> 0 <TOTAL-COSTS> 4,226,245 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 420,953 <INCOME-PRETAX> 1,051,214 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,051,214 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,051,214 <EPS-BASIC> .04 <EPS-DILUTED> .04