<ARTICLE> 5 <LEGEND> THIS FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S CONSOLIDATED BALANCE SHEETS AS OF DECEMBER 31, 1999 AND THE STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED DECEMBER 31, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-2000 <PERIOD-START> OCT-01-1999 <PERIOD-END> DEC-31-1999 <CASH> 6,269,893 <SECURITIES> 0 <RECEIVABLES> 1,574,165 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 10,429,102 <PP&E> 14,555,967 <DEPRECIATION> 1,675,469 <TOTAL-ASSETS> 58,035,718 <CURRENT-LIABILITIES> 9,819,879 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 917 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 58,035,718 <SALES> 13,986,119 <TOTAL-REVENUES> 13,986,119 <CGS> 13,030,262 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 8,538,776 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 78,831 <INCOME-PRETAX> (7,686,971) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (7,686,971) <EPS-BASIC> (0.20) <EPS-DILUTED> (0.20)