<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-2000 <PERIOD-START> JUL-01-1999 <PERIOD-END> DEC-31-1999 <CASH> 0 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> (380,000) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 417,888 <DEPRECIATION> 291,220 <TOTAL-ASSETS> 61,891,295 <CURRENT-LIABILITIES> 48,488,341 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 13,402,954 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 61,891,295 <SALES> 0 <TOTAL-REVENUES> 3,274,408 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,059,829 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,546,047 <INCOME-PRETAX> 668,532 <INCOME-TAX> 11,983 <INCOME-CONTINUING> 656,549 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 656,549 <EPS-BASIC> .376 <EPS-DILUTED> .376