<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> MAR-31-2000 <PERIOD-END> MAR-31-2000 <CASH> 211,125 <SECURITIES> 0 <RECEIVABLES> 20,724 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 245,468 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 8,274,445 <CURRENT-LIABILITIES> 55,643 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 20,963,315 <OTHER-SE> (12,744,513) <TOTAL-LIABILITY-AND-EQUITY> 8,218,802 <SALES> 0 <TOTAL-REVENUES> 66,018 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 993,726 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (927,708) <INCOME-TAX> 0 <INCOME-CONTINUING> (927,708) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (927,708) <EPS-BASIC> (.05) <EPS-DILUTED> (.05)