<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> JUN-30-2000 <PERIOD-START> JUL-1-1999 <PERIOD-END> JUN-30-2000 <CASH> 2162430 <SECURITIES> 0 <RECEIVABLES> 680896 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3178881 <PP&E> 4044719 <DEPRECIATION> 472551 <TOTAL-ASSETS> 8993249 <CURRENT-LIABILITIES> 1803167 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 7563 <COMMON> 9671 <OTHER-SE> 6245040 <TOTAL-LIABILITY-AND-EQUITY> 8993249 <SALES> 0 <TOTAL-REVENUES> 197193 <CGS> 0 <TOTAL-COSTS> 365449 <OTHER-EXPENSES> 6442914 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 31515 <INCOME-PRETAX> (6636452) <INCOME-TAX> 0 <INCOME-CONTINUING> (6636452) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (6636452) <EPS-BASIC> (0.74) <EPS-DILUTED> (0.74)