<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> SEP-30-2000 <CASH> 4,240,915 <SECURITIES> 1,901,228 <RECEIVABLES> 167,480 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 6,563,890 <PP&E> 5,236,852 <DEPRECIATION> 556,800 <TOTAL-ASSETS> 28,196,976 <CURRENT-LIABILITIES> 870,559 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 5,000 <COMMON> 156,919 <OTHER-SE> 27,146,993 <TOTAL-LIABILITY-AND-EQUITY> 28,196,975 <SALES> 257,467 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 6,291,896 <OTHER-EXPENSES> 254,837 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (5,779,592) <INCOME-TAX> 0 <INCOME-CONTINUING> (5,779,592) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,779,592) <EPS-BASIC> (0.39) <EPS-DILUTED> (0.39)