<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> SEP-30-2000 <CASH> 7,191,845 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 7,566,382 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 21,451,624 <CURRENT-LIABILITIES> 1,928,974 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 77,936 <OTHER-SE> 20,521,491 <TOTAL-LIABILITY-AND-EQUITY> 21,451,624 <SALES> 0 <TOTAL-REVENUES> 208,333 <CGS> 0 <TOTAL-COSTS> 1,352,614 <OTHER-EXPENSES> 181,471 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (249,175) <INCOME-PRETAX> (1,076,577) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,076,577) <EPS-BASIC> (0.06) <EPS-DILUTED> (0.06)