<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM AQUA VIE BEVERAGE CORPORATION AUDITED STATEMENTS AS OF JULY 31, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JUL-31-1999 <PERIOD-START> AUG-01-1998 <PERIOD-END> JUL-31-1999 <CASH> 27,298 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 213,986 <PP&E> 74,541 <DEPRECIATION> 0 <TOTAL-ASSETS> 376,277 <CURRENT-LIABILITIES> 877,038 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 9 <COMMON> 22,741 <OTHER-SE> (523,511) <TOTAL-LIABILITY-AND-EQUITY> 376,277 <SALES> 16,433 <TOTAL-REVENUES> 16,433 <CGS> 0 <TOTAL-COSTS> 755,583 <OTHER-EXPENSES> 832,627 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (1,571,777) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,571,777) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,571,777) <EPS-BASIC> (0.11) <EPS-DILUTED> (0.11)