<ARTICLE> 5

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-START>                             JUL-01-1999
<PERIOD-END>                               SEP-30-1999
<CASH>                                       4,468,731
<SECURITIES>                                         0
<RECEIVABLES>                                  166,444
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             4,635,175
<PP&E>                                          96,178
<DEPRECIATION>                                  71,777
<TOTAL-ASSETS>                              10,142,955
<CURRENT-LIABILITIES>                        5,119,302
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        149
<COMMON>                                        80,591
<OTHER-SE>                                   4,942,913
<TOTAL-LIABILITY-AND-EQUITY>                10,142,955
<SALES>                                              0
<TOTAL-REVENUES>                                     0
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               573,833
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              14,698
<INCOME-PRETAX>                              (588,531)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          (588,531)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (588,531)
<EPS-BASIC>                                    (0.073)
<EPS-DILUTED>                                  (0.053)