<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE JUNE 30, 2000 UNAUDITED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> SEP-30-2000 <PERIOD-START> OCT-01-1999 <PERIOD-END> JUN-30-2000 <CASH> 14,731 <SECURITIES> 0 <RECEIVABLES> 108,920 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 125,770 <PP&E> 5,542,126 <DEPRECIATION> 23,474 <TOTAL-ASSETS> 8,564,098 <CURRENT-LIABILITIES> 14,058,335 <BONDS> 0 <PREFERRED-MANDATORY> 77,700 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (5,571,937) <TOTAL-LIABILITY-AND-EQUITY> 8,564,098 <SALES> 0 <TOTAL-REVENUES> 58,956 <CGS> 7,758 <TOTAL-COSTS> 7,758 <OTHER-EXPENSES> 1,273,641 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 832,219 <INCOME-PRETAX> (2,201,971) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,201,971) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,201,971) <EPS-BASIC> (0.53) <EPS-DILUTED> (0.53)