<ARTICLE> 5 <LEGEND> This schedule contains summary information extracted from the consolidated statement of earnings for the year ended December 31, 1999 and the consolidated balance sheet at December 31, 1999 and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> DEC-31-1999 <CASH> 4,760,064 <SECURITIES> 0 <RECEIVABLES> 3,000,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 8,970,855 <PP&E> 5,779,777 <DEPRECIATION> (828,401) <TOTAL-ASSETS> 15,780,999 <CURRENT-LIABILITIES> 3,560,550 <BONDS> 2,937,083 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 186,355 <OTHER-SE> 3,320,048 <TOTAL-LIABILITY-AND-EQUITY> 15,780,999 <SALES> 0 <TOTAL-REVENUES> 5,021,707 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 20,959,136 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 335,203 <INCOME-PRETAX> (15,708,626) <INCOME-TAX> 0 <INCOME-CONTINUING> (15,708,626) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (15,708,626) <EPS-BASIC> (.84) <EPS-DILUTED> (.84)