<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 11-MOS 12-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1998 <PERIOD-START> FEB-05-1997 JAN-01-1998 <PERIOD-END> DEC-31-1997 DEC-31-1998 <CASH> 1,000 3,983 <SECURITIES> 0 0 <RECEIVABLES> 0 366,000 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 31,707 564,368 <PP&E> 240,535 2,581,658 <DEPRECIATION> (51,470) (175,029) <TOTAL-ASSETS> 395,456 3,331,951 <CURRENT-LIABILITIES> 1,410,119 3,799,568 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 13,000 13,269 <OTHER-SE> (1,027,663) (480,886) <TOTAL-LIABILITY-AND-EQUITY> 395,456 3,331,951 <SALES> 95,927 0 <TOTAL-REVENUES> 95,927 0 <CGS> 0 0 <TOTAL-COSTS> 0 0 <OTHER-EXPENSES> 1,626,276 4,170,571 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 28,220 210,441 <INCOME-PRETAX> (1,558,569) (4,381,012) <INCOME-TAX> 0 1,900,000 <INCOME-CONTINUING> (1,558,569) (2,481,012) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (1,558,569) (2,481,012) <EPS-PRIMARY> (0.12) (0.19) <EPS-DILUTED> (0.12) (0.19)