<ARTICLE> 5 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> SEP-30-1999 <EXCHANGE-RATE> 1 <CASH> 595,856 <SECURITIES> 359,415 <RECEIVABLES> 30,908 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,307,539 <PP&E> 4,760,836 <DEPRECIATION> 0 <TOTAL-ASSETS> 6,495,621 <CURRENT-LIABILITIES> 53,582 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 4,806,763 <OTHER-SE> 1,635,276 <TOTAL-LIABILITY-AND-EQUITY> 6,495,621 <SALES> 0 <TOTAL-REVENUES> 63,293 <CGS> 0 <TOTAL-COSTS> 865,005 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (801,712) <INCOME-TAX> 0 <INCOME-CONTINUING> (801,712) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (801,712) <EPS-BASIC> (0.02) <EPS-DILUTED> (0.02)