
<TABLE> <S> <C>

<ARTICLE> 5

<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-START>                             JUL-01-1999
<PERIOD-END>                               SEP-30-1999
<CASH>                                       4,303,222
<SECURITIES>                                         0
<RECEIVABLES>                                  218,101
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             4,639,037
<PP&E>                                         291,296
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              13,181,622
<CURRENT-LIABILITIES>                          969,320
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                 11,709,980
<COMMON>                                         9,846
<OTHER-SE>                                   6,035,664
<TOTAL-LIABILITY-AND-EQUITY>                13,181,622
<SALES>                                        266,085
<TOTAL-REVENUES>                               266,085
<CGS>                                                0
<TOTAL-COSTS>                                1,627,226
<OTHER-EXPENSES>                               735,472
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                            (1,361,141)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (1,361,141)
<EPS-BASIC>                                      (.14)
<EPS-DILUTED>                                    (.14)


</TABLE>
