<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 669,707 <SECURITIES> 585,055 <RECEIVABLES> 7,202 <ALLOWANCES> 0 <INVENTORY> 1,669,859 <CURRENT-ASSETS> 3,317,453 <PP&E> 99,277,895 <DEPRECIATION> (59,266,429) <TOTAL-ASSETS> 46,399,921 <CURRENT-LIABILITIES> 2,421,295 <BONDS> 6,234,173 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 12,205 <OTHER-SE> 32,534,448 <TOTAL-LIABILITY-AND-EQUITY> 46,399,921 <SALES> 1,512 <TOTAL-REVENUES> 1,512 <CGS> 492,191 <TOTAL-COSTS> 990,218 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 39,935 <INCOME-PRETAX> (983,879) <INCOME-TAX> (198,000) <INCOME-CONTINUING> (785,879) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (785,879) <EPS-PRIMARY> (0.07) <EPS-DILUTED> (0.07)