<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 44,949 <SECURITIES> 439,290 <RECEIVABLES> 45,462 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 553,961 <PP&E> 1,165,399 <DEPRECIATION> (503,594) <TOTAL-ASSETS> 1,215,766 <CURRENT-LIABILITIES> 5,283,697 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 155,595 <OTHER-SE> (4,933,803) <TOTAL-LIABILITY-AND-EQUITY> 1,215,766 <SALES> 0 <TOTAL-REVENUES> 320,630 <CGS> 0 <TOTAL-COSTS> 904,959 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 492,804 <INCOME-PRETAX> (1,077,133) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,077,133) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,109,045) <EPS-BASIC> (.07) <EPS-DILUTED> (.07)