<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONDENSED CONSOLIDATED BALANCE SHEET AT OCTOBER 31, 1999 AND THE CONDENSED
CONSOLIDATED STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED OCTOBER 31, 1999
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH CONDENSED CONSOLIDATED
FINANCIAL STATEMENTS.
</LEGEND>

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUL-31-2000
<PERIOD-START>                             AUG-01-1999
<PERIOD-END>                               OCT-31-1999
<CASH>                                         113,190
<SECURITIES>                                         0
<RECEIVABLES>                                  217,521
<ALLOWANCES>                                     1,000
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                         394,278
<DEPRECIATION>                                 363,502
<TOTAL-ASSETS>                              3,823,7000
<CURRENT-LIABILITIES>                                0
<BONDS>                                      4,637,975
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     1,723,774
<OTHER-SE>                                 (4,395,647)
<TOTAL-LIABILITY-AND-EQUITY>                 3,823,700
<SALES>                                              0
<TOTAL-REVENUES>                               171,655
<CGS>                                                0
<TOTAL-COSTS>                                  367,525
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             120,666
<INCOME-PRETAX>                              (195,870)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          (195,870)
<DISCONTINUED>                                  38,297
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (157,573)
<EPS-BASIC>                                    (.15)
<EPS-DILUTED>                                    (.15)