<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-START> APR-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 426,685 <SECURITIES> 0 <RECEIVABLES> 216,291 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 671,811 <PP&E> 339,619 <DEPRECIATION> 68,400 <TOTAL-ASSETS> 26,669,678 <CURRENT-LIABILITIES> 166,472 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 97,400 <OTHER-SE> 26,405,806 <TOTAL-LIABILITY-AND-EQUITY> 26,669,678 <SALES> 3,323,552 <TOTAL-REVENUES> 3,362,428 <CGS> 2,659,017 <TOTAL-COSTS> 2,735,266 <OTHER-EXPENSES> 493,528 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 133,624 <INCOME-TAX> 0 <INCOME-CONTINUING> 133,624 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 133,624 <EPS-PRIMARY> 0.00 <EPS-DILUTED> 0.00