<ARTICLE> 5 <LEGEND> THIS 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> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 325,479 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 673,570 <PP&E> 3,635,594 <DEPRECIATION> (325,581) <TOTAL-ASSETS> 4,470,269 <CURRENT-LIABILITIES> 6,362,437 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 13,269 <OTHER-SE> (1,905,437) <TOTAL-LIABILITY-AND-EQUITY> 4,470,269 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,824,915 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 90,513 <INCOME-PRETAX> (2,914,913) <INCOME-TAX> 1,400,000 <INCOME-CONTINUING> (1,514,913) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,514,913) <EPS-PRIMARY> (0.11) <EPS-DILUTED> (0.11)