<ARTICLE>         5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-KSB
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.

<MULTIPLIER>       1

                                                             
<PERIOD-TYPE>                                         12-MOS            12-MOS
<FISCAL-YEAR-END>                                Aug-31-1999       Aug-31-2000
<PERIOD-START>                                   Sep-01-1998       Sep-01-1999
<PERIOD-END>                                     Aug-31-1999       Aug-31-2000
<CASH>                                                     0         8,598,016
<SECURITIES>                                               0                 0
<RECEIVABLES>                                              0                 0
<ALLOWANCES>                                               0                 0
<INVENTORY>                                                0                 0
<CURRENT-ASSETS>                                           0         8,618,851
<PP&E>                                                     0        11,388,939
<DEPRECIATION>                                             0            65,700
<TOTAL-ASSETS>                                             0        19,942,090
<CURRENT-LIABILITIES>                                      0           166,209
<BONDS>                                                    0                 0
<PREFERRED-MANDATORY>                                      0                 0
<PREFERRED>                                                0                14
<COMMON>                                                   0            19,069
<OTHER-SE>                                                 0        19,756,798
<TOTAL-LIABILITY-AND-EQUITY>                               0        19,942,090
<SALES>                                                    0                 0
<TOTAL-REVENUES>                                           0                 0
<CGS>                                                      0                 0
<TOTAL-COSTS>                                              0                 0
<OTHER-EXPENSES>                                           0                 0
<LOSS-PROVISION>                                           0                 0
<INTEREST-EXPENSE>                                   183,256               211
<INCOME-PRETAX>                                   (1,140,407)         (982,547)
<INCOME-TAX>                                               0                 0
<INCOME-CONTINUING>                               (1,140,407)         (982,547)
<DISCONTINUED>                                             0                 0
<EXTRAORDINARY>                                            0                 0
<CHANGES>                                                  0                 0
<NET-INCOME>                                      (1,140,407)         (982,547)
<EPS-BASIC>                                             (.11)             (.06)
<EPS-DILUTED>                                           (.11)             (.06)