<ARTICLE> 5 <PERIOD-TYPE> 3-mos <FISCAL-YEAR-END> May-31-2000 <PERIOD-START> Jun-01-1999 <PERIOD-END> May-31-2000 <CASH> (35,106) <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 846,554 <PP&E> 31,004 <DEPRECIATION> 547,512 <TOTAL-ASSETS> 5,872,191 <CURRENT-LIABILITIES> 2,039,336 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,427 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 5,872,191 <SALES> 298,230 <TOTAL-REVENUES> 298,230 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,481,216 <LOSS-PROVISION> (29,075,847) <INTEREST-EXPENSE> 16,100 <INCOME-PRETAX> 16,100 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (29,075,847) <EPS-BASIC> (1.41) <EPS-DILUTED> (1.41)