<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <CASH> 403,435 <SECURITIES> 0 <RECEIVABLES> 1,631,939 <ALLOWANCES> (120,000) <INVENTORY> 0 <CURRENT-ASSETS> 2,000,658 <PP&E> 18,987,597 <DEPRECIATION> (5,514,497) <TOTAL-ASSETS> 17,715,969 <CURRENT-LIABILITIES> 7,595,015 <BONDS> 49,555,649 <PREFERRED-MANDATORY> 19,396,949 <PREFERRED> 3,000,000 <COMMON> 26,627 <OTHER-SE> (62,081,510) <TOTAL-LIABILITY-AND-EQUITY> 17,715,969 <SALES> 4,807 <TOTAL-REVENUES> 5,501,269 <CGS> 1,526 <TOTAL-COSTS> 27,748,987 <OTHER-EXPENSES> (67,175) <LOSS-PROVISION> 223,989 <INTEREST-EXPENSE> 8,296,716 <INCOME-PRETAX> (29,995,247) <INCOME-TAX> 0 <INCOME-CONTINUING> (29,995,247) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (29,995,247) <EPS-BASIC> (12.34) <EPS-DILUTED> (12.34)