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<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUN-30-2000
<PERIOD-END> JUN-30-2000
<CASH> 0
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 106,935
<PP&E> 19,928,334
<DEPRECIATION> 0
<TOTAL-ASSETS> 20,070,269
<CURRENT-LIABILITIES> 8,603,698
<BONDS> 0
0
1,100,000
<COMMON> 61,581,687
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 20070,269
<SALES> 0
<TOTAL-REVENUES> 0
<CGS> 0
<TOTAL-COSTS> 714,749
<OTHER-EXPENSES> 86,683
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 86,683
<INCOME-PRETAX> (801,432)
<INCOME-TAX> 0
<INCOME-CONTINUING> (801,432)
<DISCONTINUED> 0
<EXTRAORDINARY> 2,356,929
<CHANGES> 0
<NET-INCOME> 1,555,497
<EPS-BASIC> .03
<EPS-DILUTED> .02
</TABLE>
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