<ARTICLE>                     5
<LEGEND>
This schedule contains summary financial information extracted from Form 10K and
is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER>                                   1

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                      SEP-30-1999
<PERIOD-START>                         OCT-01-1998
<PERIOD-END>                           JUN-30-1998
<CASH>                                     464,445
<SECURITIES>                                     0
<RECEIVABLES>                              642,367
<ALLOWANCES>                                72,064
<INVENTORY>                                      0
<CURRENT-ASSETS>                         1,694,677
<PP&E>                                     193,372
<DEPRECIATION>                             210,433
<TOTAL-ASSETS>                          17,547,719
<CURRENT-LIABILITIES>                    7,328,704
<BONDS>                                          0
<PREFERRED-MANDATORY>                            0
<PREFERRED>                                      0
<COMMON>                                       293
<OTHER-SE>                              10,084,739
<TOTAL-LIABILITY-AND-EQUITY>            17,547,719
<SALES>                                          0
<TOTAL-REVENUES>                         3,030,012
<CGS>                                            0
<TOTAL-COSTS>                              635,196
<OTHER-EXPENSES>                         4,537,570
<LOSS-PROVISION>                            23,584
<INTEREST-EXPENSE>                         479,791
<INCOME-PRETAX>                         (2,385,160)
<INCOME-TAX>                               107,020
<INCOME-CONTINUING>                     (2,278,140)
<DISCONTINUED>                                   0
<EXTRAORDINARY>                                  0
<CHANGES>                                        0
<NET-INCOME>                            (2,278,140)
<EPS-BASIC>                                (0.10)
<EPS-DILUTED>                                (0.10)