<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Form 10-K and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> SEP-30-1998 <PERIOD-START> OCT-01-1997 <PERIOD-END> SEP-30-1998 <CASH> 747,913 <SECURITIES> 0 <RECEIVABLES> 1,732,265 <ALLOWANCES> 340,804 <INVENTORY> 0 <CURRENT-ASSETS> 4,115,709 <PP&E> 284,602 <DEPRECIATION> 1,037,004 <TOTAL-ASSETS> 11,452,496 <CURRENT-LIABILITIES> 13,183,362 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 5,909 <COMMON> 184 <OTHER-SE> (2,350,056) <TOTAL-LIABILITY-AND-EQUITY> 11,452,496 <SALES> 0 <TOTAL-REVENUES> 10,568,531 <CGS> 0 <TOTAL-COSTS> 5,680,316 <OTHER-EXPENSES> 12,660,826 <LOSS-PROVISION> 536,709 <INTEREST-EXPENSE> 261,923 <INCOME-PRETAX> (8,093,704) <INCOME-TAX> 35,802 <INCOME-CONTINUING> (8,093,704) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (7,829,742) <EPS-BASIC> (0.47) <EPS-DILUTED> (0.47)