<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE REGISTRANT'S FORM 10-Q FOR THE QUARTER ENDED JUNE 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY TO SUCH FORM 10-Q. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 138,715 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 138,715 <PP&E> 4,227 <DEPRECIATION> 282 <TOTAL-ASSETS> 429,051 <CURRENT-LIABILITIES> 104,593 <BONDS> 0 <PREFERRED-MANDATORY> 3,210,487 <PREFERRED> 0 <COMMON> 6,000 <OTHER-SE> (3,054,668) <TOTAL-LIABILITY-AND-EQUITY> 429,051 <SALES> 0 <TOTAL-REVENUES> 8,801 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 708,704 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 937 <INCOME-PRETAX> (700,840) <INCOME-TAX> 0 <INCOME-CONTINUING> (700,840) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (700,840) <EPS-PRIMARY> (.12) <EPS-DILUTED> (.12)