<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the unaudited financial statements dated March 31, 2000 and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <CASH> 1,003,837 <SECURITIES> 0 <RECEIVABLES> 18,044 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,021,881 <PP&E> 16,262,680 <DEPRECIATION> 27,353 <TOTAL-ASSETS> 17,257,208 <CURRENT-LIABILITIES> 981,915 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 14,286,057 <OTHER-SE> 1,989,236 <TOTAL-LIABILITY-AND-EQUITY> 17,257,208 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 285,081 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 13,604 <INCOME-PRETAX> (298,685) <INCOME-TAX> 0 <INCOME-CONTINUING> (298,685) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (298,685) <EPS-BASIC> (0.01) <EPS-DILUTED> (0.01)