<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> FEB-17-1997 <PERIOD-END> DEC-31-1997 <CASH> 1,320,813 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,320,813 <PP&E> 1,883,597 <DEPRECIATION> 0 <TOTAL-ASSETS> 3,204,410 <CURRENT-LIABILITIES> 306,486 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 2,897,924 <TOTAL-LIABILITY-AND-EQUITY> 3,204,410 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,547 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,271 <INCOME-PRETAX> (7,818) <INCOME-TAX> 0 <INCOME-CONTINUING> (7,818) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (7,818) <EPS-PRIMARY> 0 <EPS-DILUTED> 0