[ARTICLE] 5
[LEGEND]
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEET AND CONSOLIDATED STATEMENT OF OPERATION FOUND ON
PAGES 25 THROUGH 27 OF THE COMPANY'S FORM 10-KSB FOR THE YEAR ENDED JUNE 30,
2000, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
[/LEGEND]
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] JUN-30-2000
[PERIOD-END] JUN-30-2000
[CASH] 7,535,852
[SECURITIES] 1,000,000
[RECEIVABLES] 17,185
[ALLOWANCES] O
[INVENTORY] 0
[CURRENT-ASSETS] 8,621,181
[PP&E] 197,149
[DEPRECIATION] (38,516)
[TOTAL-ASSETS] 10,082,007
[CURRENT-LIABILITIES] 103,177
[BONDS] 0
[PREFERRED-MANDATORY] 0
[PREFERRED] 0
[COMMON] 2,751
[OTHER-SE] 9,976,079
[TOTAL-LIABILITY-AND-EQUITY] 10,082,007
[SALES] 53,185
[TOTAL-REVENUES] 53,185
[CGS] 0
[TOTAL-COSTS] 1,713,378
[OTHER-EXPENSES] 0
[LOSS-PROVISION] 0
[INTEREST-EXPENSE] 0
[INCOME-PRETAX] (1,566,032)
[INCOME-TAX] 7,209
[INCOME-CONTINUING] (1,573,241)
[DISCONTINUED] 0
[EXTRAORDINARY] 0
[CHANGES] 0
[NET-INCOME] (1,573,241)
[EPS-BASIC] (.07)
[EPS-DILUTED] (.07)
</TABLE>
