<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> SEP-30-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> SEP-30-1999 <CASH> 5,613,922 <SECURITIES> 0 <RECEIVABLES> 7,290 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 5,704,834 <PP&E> 150,567 <DEPRECIATION> 0 <TOTAL-ASSETS> 6,907,655 <CURRENT-LIABILITIES> 77,641 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11,738 <OTHER-SE> 6,809,417 <TOTAL-LIABILITY-AND-EQUITY> 6,907,655 <SALES> 35,656 <TOTAL-REVENUES> 35,656 <CGS> 0 <TOTAL-COSTS> 1,114,381 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,393 <INCOME-PRETAX> (1,047,752) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,047,752) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,047,752) <EPS-BASIC> (0.11) <EPS-DILUTED> (0.11)