<ARTICLE> 5 <PERIOD-TYPE> 9-MOS 3-MOS <FISCAL-YEAR-END> AUG-31-1999 AUG-31-1999 <PERIOD-START> SEP-01-1998 MAR-01-1999 <PERIOD-END> MAY-31-1999 MAY-31-1999 <CASH> 6,517,262 6,517,262 <SECURITIES> 0 0 <RECEIVABLES> 0 0 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 6,639,072 6,639,072 <PP&E> 4,537,163 4,537,163 <DEPRECIATION> 0 0 <TOTAL-ASSETS> 11,179,781 11,179,781 <CURRENT-LIABILITIES> 138,001 138,001 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 25 25 <COMMON> 14,069 14,069 <OTHER-SE> 11,026,208 11,026,208 <TOTAL-LIABILITY-AND-EQUITY> 11,179,781 11,179,781 <SALES> 0 0 <TOTAL-REVENUES> 0 0 <CGS> 0 0 <TOTAL-COSTS> 547,854 222,987 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 158,151 46,115 <INCOME-PRETAX> (659,192) (237,891) <INCOME-TAX> 0 0 <INCOME-CONTINUING> (659,192) (237,891) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (659,192) (237,891) <EPS-BASIC> (.068) (.023) <EPS-DILUTED> (.068) (.023)