<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEET AND THE RELATED STATEMENT OF INCOME FOR THE SIX MONTHS ENDED JUNE 30, 1999. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 308 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 42,729,514<F1> <PP&E> 6,185,981 <DEPRECIATION> 1,916,646 <TOTAL-ASSETS> 47,231,519 <CURRENT-LIABILITIES> 17,947,559 <BONDS> 0 <PREFERRED-MANDATORY> 100 <PREFERRED> 0 <COMMON> 132,457 <OTHER-SE> 12,035,853 <TOTAL-LIABILITY-AND-EQUITY> 47,231,519 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 5,395,352 <OTHER-EXPENSES> 156,843 <LOSS-PROVISION> 797,947 <INTEREST-EXPENSE> 156,843 <INCOME-PRETAX> (5,552,195) <INCOME-TAX> (2,220,878) <INCOME-CONTINUING> (3,331,317) <DISCONTINUED> 586,101 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (6,064,719) <EPS-BASIC> (.28) <EPS-DILUTED> (.28) <FN> <F1>INCLUDES NET ASSETS OF DISCONTINUED OPERATIONS $37,594,624. </FN>