<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JUL-31-2000 <PERIOD-START> MAY-01-2000 <PERIOD-END> APR-30-2001 <CASH> 2,037,658 <SECURITIES> 0 <RECEIVABLES> 25,734 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,311,756 <PP&E> 356,037 <DEPRECIATION> (17,354) <TOTAL-ASSETS> 2,862,237 <CURRENT-LIABILITIES> 499,165 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 12,756 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 2,862,237 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,389,761 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 5,368 <INCOME-PRETAX> (1,344,209) <INCOME-TAX> 800 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,345,009) <EPS-BASIC> (0.11) <EPS-DILUTED> 0