<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <CASH> 4,578,378 <SECURITIES> 4,119,377 <RECEIVABLES> 40,761 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 9,049,690 <PP&E> 4,243,302 <DEPRECIATION> 255,639 <TOTAL-ASSETS> 13,095,564 <CURRENT-LIABILITIES> 921,564 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 2,000 <COMMON> 149,192 <OTHER-SE> 12,003,217 <TOTAL-LIABILITY-AND-EQUITY> 13,095,564 <SALES> 5,909 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 1,868,908 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (1,803,249) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,803,249) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,803,249) <EPS-BASIC> (0.12) <EPS-DILUTED> (0.12)