<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-START> APR-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 1,458,392 <SECURITIES> 0 <RECEIVABLES> 455,325 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,005,842 <PP&E> 226,972 <DEPRECIATION> 29,893 <TOTAL-ASSETS> 2,453,702 <CURRENT-LIABILITIES> 519,110 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 42,729 <OTHER-SE> (256,746) <TOTAL-LIABILITY-AND-EQUITY> 2,453,702 <SALES> 0 <TOTAL-REVENUES> 523,680 <CGS> 0 <TOTAL-COSTS> 1,459,839 <OTHER-EXPENSES> (44,603) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 104,292 <INCOME-PRETAX> (995,848) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (995,848) <EPS-PRIMARY> (0.23) <EPS-DILUTED> (0.23)