<ARTICLE> 5
<LEGEND>
THIS FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM THE COMPANY'S CONSOLIDATED BALANCE SHEETS AS OF SEPTEMBER 30, 199 AND THE
STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED SEPTEMBER 30, 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>                             JUL-01-1999
<PERIOD-END>                               SEP-30-1999
<CASH>                                       5,462,745
<SECURITIES>                                         0
<RECEIVABLES>                                1,438,979
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             9,822,871
<PP&E>                                       8,553,789
<DEPRECIATION>                               1,206,014
<TOTAL-ASSETS>                              41,392,635
<CURRENT-LIABILITIES>                       14,225,296
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           788
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                41,392,635
<SALES>                                      8,675,719
<TOTAL-REVENUES>                             8,675,719
<CGS>                                        8,729,520
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                             1,816,032
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             519,231
<INCOME-PRETAX>                            (3,312,319)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (3,312,319)
<EPS-BASIC>                                       0.20
<EPS-DILUTED>                                     0.20