<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BALANCE SHEET, THE STATEMENT OF OPERATIONS, AND THE STATEMENT OF CASH
FLOWS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<MULTIPLIER> 1

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-START>                             OCT-01-1999
<PERIOD-END>                               JUN-30-2000
<CASH>                                         318,121
<SECURITIES>                                         0
<RECEIVABLES>                                  600,000
<ALLOWANCES>                                 4,000,000
<INVENTORY>                                          0
<CURRENT-ASSETS>                             4,918,121
<PP&E>                                          36,421
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               4,954,542
<CURRENT-LIABILITIES>                           48,894
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        450
<COMMON>                                        31,118
<OTHER-SE>                                   4,874,080
<TOTAL-LIABILITY-AND-EQUITY>                 4,954,542
<SALES>                                              0
<TOTAL-REVENUES>                                     0
<CGS>                                                0
<TOTAL-COSTS>                               (2,239,091)
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                               810,206
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                      0
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                (1,428,885)
<EPS-BASIC>                                     0.07
<EPS-DILUTED>                                     0.07