[ARTICLE] 5 [MULTIPLIER] 1 [PERIOD-TYPE] 9-MO [FISCAL-YEAR-END] DEC-31-1998 [PERIOD-END] SEP-30-1998 [CASH] 404,665 [SECURITIES] 0 [RECEIVABLES] 229,451 [ALLOWANCE] 0 [INVENTORY] 0 [CURRENT-ASSETS] 640,310 [PP&E] 69,986 [DEPRECIATION] 7,011 [TOTAL-ASSETS] 2,827,780 [CURRENT-LIABILITIES] 1,273,927 [BONDS] 26,068 [PREFERRED-MANDATORY] 0 [PREFERRED] 0 [COMMON] 8,692 [OTHER-SE] 1,869,073 [TOTAL-LIABILITY-AND-EQUITY] 2,827,780 [SALES] 0 [TOTAL-REVENUES] 16,964 [CGS] 0 [TOTAL-COSTS] 3,533 [OTHER-EXPENSES] 102,570 [LOSS-PROVISION] 0 [INTEREST-EXPENSE] 8,448 [INCOME-PRETAX] (205,952) [INCOME-TAX] 0 <INCOME-DISCONTINUED> 0 [DISCONTINUED] 0 [EXTRAORDINARY] 0 [CHANGES] 0 </TEXT </DOCUMENT </SUBMISSION