<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the accompanying financial statements and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> MAR-31-2000 <PERIOD-START> Jul-1-1999 <PERIOD-END> Jun-30-2000 <CASH> 87,214 <SECURITIES> 6,000,000 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 87,214 <PP&E> 4,009 <DEPRECIATION> 0 <TOTAL-ASSETS> 6,318,158 <CURRENT-LIABILITIES> 645,124 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 488,738 <COMMON> 104,534 <OTHER-SE> 5,024,864 <TOTAL-LIABILITY-AND-EQUITY> 6,318,158 <SALES> 11,249 <TOTAL-REVENUES> 11,249 <CGS> 0 <TOTAL-COSTS> 847,357 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (836,108) <EPS-BASIC> (.02) <EPS-DILUTED> (.02)