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<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUN-30-1999
<PERIOD-START> JUL-01-1998
<PERIOD-END> JUN-30-1999
<CASH> 425,662
<SECURITIES> 0
<RECEIVABLES> 18,000
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 608,924
<PP&E> 11,899,932
<DEPRECIATION> 517,397
<TOTAL-ASSETS> 22,639,090
<CURRENT-LIABILITIES> 2,127,195
<BONDS> 0
0
0
<COMMON> 14,016
<OTHER-SE> 19,908,601
<TOTAL-LIABILITY-AND-EQUITY> 22,639,090
<SALES> 5,534,249
<TOTAL-REVENUES> 5,534,249
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 8,709,612
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 445,105
<INCOME-PRETAX> (4,308,465)
<INCOME-TAX> 0
<INCOME-CONTINUING> (4,308,465)
<DISCONTINUED> (283,625)
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (4,592,090)
<EPS-BASIC> (.36)
<EPS-DILUTED> (.36)
</TABLE>
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