<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE REGISTRANT'S FORM 10-QSB FOR THE QUARTER ENDED SEPTEMBER 30, 1999 AND IS QUALIFIED IN ITS ENTIRETY TO SUCH FORM. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> MAR-31-2000 <PERIOD-START> APR-01-1999 <PERIOD-END> SEP-30-1999 <CASH> 687,793 <SECURITIES> 1,002,977 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,804,016 <PP&E> 35,075 <DEPRECIATION> 5,710 <TOTAL-ASSETS> 2,040,015 <CURRENT-LIABILITIES> 230,440 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 4,852,452 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 2,040,015 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 856,639 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,781 <INCOME-PRETAX> (859,420) <INCOME-TAX> 800 <INCOME-CONTINUING> (860,220) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (860,220) <EPS-BASIC> (.02) <EPS-DILUTED> (.02)