<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 159,874 <SECURITIES> 0 <RECEIVABLES> 124,879 <ALLOWANCES> 0 <INVENTORY> 354,198 <CURRENT-ASSETS> 692,153 <PP&E> 13,147,269 <DEPRECIATION> 190,330 <TOTAL-ASSETS> 14,212,163 <CURRENT-LIABILITIES> 11,391,642 <BONDS> 4,723,966 <PREFERRED-MANDATORY> 0 <PREFERRED> 11,745,333 <COMMON> 298,795 <OTHER-SE> 26,045,305 <TOTAL-LIABILITY-AND-EQUITY> 14,212,163 <SALES> 1,658,962 <TOTAL-REVENUES> 1,658,962 <CGS> 1,132,679 <TOTAL-COSTS> 1,142,811 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 213,569 <INCOME-PRETAX> (535,152) <INCOME-TAX> 0 <INCOME-CONTINUING> (535,152) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (535,152) <EPS-PRIMARY> (0.018) <EPS-DILUTED> (0.018)