<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-1-1998 <PERIOD-END> JUN-30-1998 <CASH> 4,505,455 <SECURITIES> 0 <RECEIVABLES> 531,828 <ALLOWANCES> 11,100 <INVENTORY> 114,379 <CURRENT-ASSETS> 5,454,287 <PP&E> 9,935,137 <DEPRECIATION> 1,015,800 <TOTAL-ASSETS> 54,495,836 <CURRENT-LIABILITIES> 13,042,296 <BONDS> 0 <PREFERRED-MANDATORY> 754,240 <PREFERRED> 10,165 <COMMON> 35,592 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 54,495,836 <SALES> 1,247,622 <TOTAL-REVENUES> 1,247,622 <CGS> 401,710 <TOTAL-COSTS> 3,923,382 <OTHER-EXPENSES> 1,030,696 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 813,185 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,706,456) <EPS-PRIMARY> (0.14) <EPS-DILUTED> (0.14)