<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Balance Sheet, Statement of Operations, Statement of Cash Flows and Notes thereto incorporated in this Form 10QSB and is qualified in its entirety by refernce to such financial statments. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> JUN-30-2000 <PERIOD-END> MAR-31-2000 <CASH> 582,166 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 590,172 <PP&E> 14,990 <DEPRECIATION> 0 <TOTAL-ASSETS> 11,166,962 <CURRENT-LIABILITIES> 96,179 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,642 <OTHER-SE> 11,067,141 <TOTAL-LIABILITY-AND-EQUITY> 11,166,962 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 2,705,994 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (2,705,994) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,705,994) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,705,994) <EPS-BASIC> (0.09) <EPS-DILUTED> (0.09)