<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from Form 10-QSB
and is qualified in its entirety by reference to such financial statements.
</LEGEND>

                                                                
<PERIOD-TYPE>                                  3-MOS                   3-MOS
<FISCAL-YEAR-END>                          AUG-31-1999             AUG-31-2000
<PERIOD-END>                               NOV-30-1998             NOV-30-1999
<CASH>                                       1,140,326                 123,098
<SECURITIES>                                         0               3,194,510
<RECEIVABLES>                                        0                  58,278
<ALLOWANCES>                                         0                       0
<INVENTORY>                                          0                       0
<CURRENT-ASSETS>                             1,182,842               3,400,333
<PP&E>                                       2,985,192              5,106,847
<DEPRECIATION>                                       0                       0
<TOTAL-ASSETS>                               4,245,927              10,762,521
<CURRENT-LIABILITIES>                        2,604,521                  59,906
<BONDS>                                              0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                      22
<COMMON>                                         9,421                  14,580
<OTHER-SE>                                   1,629,720              10,580,020
<TOTAL-LIABILITY-AND-EQUITY>                 4,245,927              10,762,521
<SALES>                                              0                       0
<TOTAL-REVENUES>                                 4,525                  56,842
<CGS>                                                0                       0
<TOTAL-COSTS>                                        0                       0
<OTHER-EXPENSES>                               144,161                 222,403
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                              29,832                      66
<INCOME-PRETAX>                              (169,468)               (165,627)
<INCOME-TAX>                                         0                       0
<INCOME-CONTINUING>                          (169,468)               (165,627)
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                 (169,468)               (165,627)
<EPS-BASIC>                                     (.018)                  (.011)
<EPS-DILUTED>                                   (.018)                  (.011)