<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> SEP-30-2000 <CASH> 8,814 <SECURITIES> 284,495 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 301,233 <PP&E> 927,338 <DEPRECIATION> 2,342 <TOTAL-ASSETS> 1,348,102 <CURRENT-LIABILITIES> 47,499 <BONDS> 463,203 <PREFERRED-MANDATORY> 432,893 <PREFERRED> 0 <COMMON> 42 <OTHER-SE> 342,844 <TOTAL-LIABILITY-AND-EQUITY> 1,348,102 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 87,463 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 24,001 <INCOME-PRETAX> (90,773) <INCOME-TAX> 0 <INCOME-CONTINUING> (90,773) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (90,773) <EPS-BASIC> (2.39) <EPS-DILUTED> (2.39)