<ARTICLE> 5 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <EXCHANGE-RATE> 1 <CASH> 111,779 <SECURITIES> 0 <RECEIVABLES> 2,000,600 <ALLOWANCES> 0 <INVENTORY> 94,446 <CURRENT-ASSETS> 2,271,987 <PP&E> 3,996,035 <DEPRECIATION> 0 <TOTAL-ASSETS> 6,268,022 <CURRENT-LIABILITIES> 6,994,463 <BONDS> 8,433,735 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,923 <OTHER-SE> (9,160,176) <TOTAL-LIABILITY-AND-EQUITY> 6,268,022 <SALES> 0 <TOTAL-REVENUES> 527,674 <CGS> 0 <TOTAL-COSTS> 683,317 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (40,843) <INCOME-PRETAX> (196,486) <INCOME-TAX> (6,265) <INCOME-CONTINUING> (202,751) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (202,751) <EPS-BASIC> (0.23) <EPS-DILUTED> (0.23)