<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-2001 <PERIOD-START> JUL-01-2000 <PERIOD-END> SEP-30-2000 <CASH> 1,814,366 <SECURITIES> 0 <RECEIVABLES> 507,613 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,740,617 <PP&E> 5,264,504 <DEPRECIATION> 850,846 <TOTAL-ASSETS> 9,506,708 <CURRENT-LIABILITIES> 2,053,746 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 5,270 <COMMON> 16,303 <OTHER-SE> 6,639,084 <TOTAL-LIABILITY-AND-EQUITY> 9,506,708 <SALES> 0 <TOTAL-REVENUES> 87,689 <CGS> 0 <TOTAL-COSTS> 148,237 <OTHER-EXPENSES> 3,373,528 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 50,173 <INCOME-PRETAX> (3,484,588) <INCOME-TAX> 0 <INCOME-CONTINUING> (3,484,588) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,484,588) <EPS-BASIC> (0.27) <EPS-DILUTED> (0.27)