WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> 5 <LEGEND> (Replace this text with the legend) </LEGEND> <PERIOD-TYPE> 6-mos <FISCAL-YEAR-END> Dec-31-00 <PERIOD-END> Jun-30-00 <CASH> 144,315 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 1,598,100 <DEPRECIATION> 0 <TOTAL-ASSETS> 8,657,169 <CURRENT-LIABILITIES> 1,332,078 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,994 <OTHER-SE> 7,323,097 <TOTAL-LIABILITY-AND-EQUITY> 8,657,169 <SALES> 0 <TOTAL-REVENUES> 57,760 <CGS> 0 <TOTAL-COSTS> 2,202,194 <OTHER-EXPENSES> (333,113) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 18,202 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,829,523) <EPS-BASIC> (.10) <EPS-DILUTED> (.10)