<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the balance sheets and statements of operations found on pages 2 and 5 of the Company's Form 10-QSB for the period ended June 30, 2000, and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <CASH> 245,643 <SECURITIES> 91,475 <RECEIVABLES> 1,493,164 <ALLOWANCES> 401,935 <INVENTORY> 0 <CURRENT-ASSETS> 1,428,347 <PP&E> 539,740 <DEPRECIATION> 6,820 <TOTAL-ASSETS> 17,715,203 <CURRENT-LIABILITIES> 1,714,090 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 18,700 <OTHER-SE> 12,882,413 <TOTAL-LIABILITY-AND-EQUITY> 17,175,203 <SALES> 464,825 <TOTAL-REVENUES> 464,825 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 4,775,586 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 61,065 <INCOME-PRETAX> (4,356,226) <INCOME-TAX> 0 <INCOME-CONTINUING> (4,356,226) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (4,356,226) <EPS-BASIC> (.330) <EPS-DILUTED> (.330)