<ARTICLE> 5

                                                                 
<PERIOD-TYPE>                                 3-MOS                   6-MOS
<FISCAL-YEAR-END>                          AUG-31-2000             AUG-31-2000
<PERIOD-START>                             DEC-01-1999             SEP-01-1999
<PERIOD-END>                               FEB-29-2000             FEB-29-2000
<CASH>                                         287,716                 287,716
<SECURITIES>                                 1,901,829               1,901,829
<RECEIVABLES>                                    1,657                   1,657
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<INVENTORY>                                          0                       0
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<PP&E>                                       7,670,307               7,670,307
<DEPRECIATION>                                       0                       0
<TOTAL-ASSETS>                              10,329,787              10,329,787
<CURRENT-LIABILITIES>                           92,945                  92,945
<BONDS>                                              0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                         14                      14
<COMMON>                                        15,948                  15,948
<OTHER-SE>                                  10,220,880              10,220,880
<TOTAL-LIABILITY-AND-EQUITY>                10,329,787              10,329,787
<SALES>                                              0                       0
<TOTAL-REVENUES>                                27,447                  84,289
<CGS>                                                0                       0
<TOTAL-COSTS>                                  268,692                 491,095
<OTHER-EXPENSES>                                     0                       0
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                                  55                     121
<INCOME-PRETAX>                              (241,300)               (406,927)
<INCOME-TAX>                                         0                       0
<INCOME-CONTINUING>                          (241,300)               (406,927)
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                 (241,300)               (406,927)
<EPS-BASIC>                                   (.015)                  (.027)
<EPS-DILUTED>                                   (.015)                  (.027)