<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> JUN-30-2000 <CASH> 20,020,844 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 20,072,974 <PP&E> 148,662 <DEPRECIATION> 25,110 <TOTAL-ASSETS> 21,138,709 <CURRENT-LIABILITIES> 720,328 <BONDS> 0 <PREFERRED-MANDATORY> 23,935,498 <PREFERRED> 2,660 <COMMON> 9,858 <OTHER-SE> (3,529,635) <TOTAL-LIABILITY-AND-EQUITY> 21,138,709 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 9,799,533 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (9,321,028) <INCOME-TAX> 400 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (9,321,428) <EPS-BASIC> (2.43) <EPS-DILUTED> (2.43)