<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE UNAUDITED FINANCIAL STATEMENTS FOR THE QUARTER ENDED JUNE 30, 2000 QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-2001 <PERIOD-END> JUN-30-2000 <CASH> 1,061,779 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,061,779 <PP&E> 581,066 <DEPRECIATION> 50,187 <TOTAL-ASSETS> 1,611,964 <CURRENT-LIABILITIES> 63,453 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 321,389 <COMMON> 10,141,575 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 1,611,964 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 872,449 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (616) <INCOME-PRETAX> (858,605) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (858,605) <EPS-BASIC> (0.08) <EPS-DILUTED> (0.08)