<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JUL-01-1999 <PERIOD-END> SEP-30-1999 <CASH> 6,602,031 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 6,697,171 <PP&E> 508,809 <DEPRECIATION> 258,835 <TOTAL-ASSETS> 6,957,045 <CURRENT-LIABILITIES> 487,564 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 27,138,966 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 6,957,045 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> (2,341,007) <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (86,419) <INCOME-PRETAX> (2,254,588) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,254,588) <EPS-BASIC> (0.21) <EPS-DILUTED> (0.21)