<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JUL-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 2,429,014 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,582,281 <PP&E> 383,581 <DEPRECIATION> 217,107 <TOTAL-ASSETS> 2,809,455 <CURRENT-LIABILITIES> 424,703 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 19,022,116 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 2,809,455 <SALES> 0 <TOTAL-REVENUES> 250,000 <CGS> 0 <TOTAL-COSTS> (2,433,991) <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (89,513) <INCOME-PRETAX> (2,094,478) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,094,478) <EPS-PRIMARY> (0.21) <EPS-DILUTED> (0.21)