
<TABLE> <S> <C>

<ARTICLE>                        5

<S>                              <C>
<PERIOD-TYPE>                    6-MOS
<FISCAL-YEAR-END>                               DEC-31-1999
<PERIOD-START>                                  JAN-01-1999
<PERIOD-END>                                    JUN-30-1999
<CASH>                                               52,220
<SECURITIES>                                      1,097,759
<RECEIVABLES>                                             0
<ALLOWANCES>                                              0
<INVENTORY>                                               0
<CURRENT-ASSETS>                                  1,149,979
<PP&E>                                                    0
<DEPRECIATION>                                            0
<TOTAL-ASSETS>                                      425,300
<CURRENT-LIABILITIES>                               602,721
<BONDS>                                           9,400,026
<PREFERRED-MANDATORY>                                     0
<PREFERRED>                                               0
<COMMON>                                             77,570
<OTHER-SE>                                      (10,804,996)
<TOTAL-LIABILITY-AND-EQUITY>                        425,300
<SALES>                                                   0
<TOTAL-REVENUES>                                     50,192
<CGS>                                                     0
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<OTHER-EXPENSES>                                          0
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<INCOME-PRETAX>                                  (1,020,664)
<INCOME-TAX>                                              0
<INCOME-CONTINUING>                              (1,020,664)
<DISCONTINUED>                                            0
<EXTRAORDINARY>                                           0
<CHANGES>                                                 0
<NET-INCOME>                                     (1,020,664)
<EPS-BASIC>                                          (.13)
<EPS-DILUTED>                                          (.13)



</TABLE>
