<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE REGISTRANT'S FORM 10-QSB FOR THE QUARTER ENDED JUNE 30, 1999 AND IS QUALIFIED IN ITS ENTIRETY TO SUCH FORM. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-2000 <PERIOD-START> APR-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 2,104,132 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,203,589 <PP&E> 32,911 <DEPRECIATION> 2,765 <TOTAL-ASSETS> 2,458,650 <CURRENT-LIABILITIES> 232,923 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 4,852,452 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 2,458,650 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 442,685 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 583 <INCOME-PRETAX> 443,268 <INCOME-TAX> 800 <INCOME-CONTINUING> (444,068) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (444,068) <EPS-BASIC> (.01) <EPS-DILUTED> (.01)