<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 345,656 <SECURITIES> 0 <RECEIVABLES> 309,644 <ALLOWANCES> 0 <INVENTORY> 25,339 <CURRENT-ASSETS> 1,347,105 <PP&E> 6,122,353 <DEPRECIATION> 170,321 <TOTAL-ASSETS> 6,596,470 <CURRENT-LIABILITIES> 4,505,743 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 70,371 <OTHER-SE> 1,389,750 <TOTAL-LIABILITY-AND-EQUITY> 6,596,470 <SALES> 0 <TOTAL-REVENUES> 897,570 <CGS> 0 <TOTAL-COSTS> 670,878 <OTHER-EXPENSES> 315,840 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 98,561 <INCOME-PRETAX> (358,030) <INCOME-TAX> 0 <INCOME-CONTINUING> (358,030) <DISCONTINUED> (24,054) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (382,084) <EPS-PRIMARY> (.03) <EPS-DILUTED> 0