<ARTICLE> 5 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <EXCHANGE-RATE> 1 <CASH> 1,508,647 <SECURITIES> 0 <RECEIVABLES> 411,333 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,013,973 <PP&E> 6,099,689 <DEPRECIATION> 0 <TOTAL-ASSETS> 14,731,774 <CURRENT-LIABILITIES> 4,225,180 <BONDS> 0 <PREFERRED-MANDATORY> 25,320 <PREFERRED> 0 <COMMON> 33,175 <OTHER-SE> 6,787,701 <TOTAL-LIABILITY-AND-EQUITY> 14,731,774 <SALES> 0 <TOTAL-REVENUES> 708,948 <CGS> 0 <TOTAL-COSTS> 1,465,049 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 92,946 <INCOME-PRETAX> (799,341) <INCOME-TAX> 0 <INCOME-CONTINUING> (799,341) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (799,341) <EPS-BASIC> (.03) <EPS-DILUTED> (.03)