<TABLE> <S> <C>

<ARTICLE> 7
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   12-MOS                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998             DEC-31-1997
<PERIOD-END>                               DEC-31-1998             DEC-31-1997
<DEBT-HELD-FOR-SALE>                                 0                       0
<DEBT-CARRYING-VALUE>                                0                       0
<DEBT-MARKET-VALUE>                                  0                       0
<EQUITIES>                                           0                       0
<MORTGAGE>                                     170,052                 121,520
<REAL-ESTATE>                                        0                       0
<TOTAL-INVEST>                                 170,052                 121,520
<CASH>                                         368,692                 710,897
<RECOVER-REINSURE>                                   0                       0
<DEFERRED-ACQUISITION>                               0                       0
<TOTAL-ASSETS>                              12,646,029              12,839,787
<POLICY-LOSSES>                                      0                       0
<UNEARNED-PREMIUMS>                                  0                       0
<POLICY-OTHER>                                       0                       0
<POLICY-HOLDER-FUNDS>                                0                       0
<NOTES-PAYABLE>                                902,300                 902,300
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                        45,934                  45,934
<OTHER-SE>                                  11,675,586              11,890,019
<TOTAL-LIABILITY-AND-EQUITY>                12,646,029              12,839,787
<PREMIUMS>                                           0                       0
<INVESTMENT-INCOME>                             49,708                  27,127
<INVESTMENT-GAINS>                                   0                       0
<OTHER-INCOME>                                 985,215               1,158,995
<BENEFITS>                                           0                       0
<UNDERWRITING-AMORTIZATION>                          0                       0
<UNDERWRITING-OTHER>                           666,758                 908,905
<INCOME-PRETAX>                                368,165                 277,217
<INCOME-TAX>                                         0                       0
<INCOME-CONTINUING>                            368,165                 277,217
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                  (52,957)                (79,316)
<EPS-PRIMARY>                                   (0.04)                  (0.06)
<EPS-DILUTED>                                   (0.04)                  (0.06)
<RESERVE-OPEN>                                       0                       0
<PROVISION-CURRENT>                                  0                       0
<PROVISION-PRIOR>                                    0                       0
<PAYMENTS-CURRENT>                                   0                       0
<PAYMENTS-PRIOR>                                     0                       0
<RESERVE-CLOSE>                                      0                       0
<CUMULATIVE-DEFICIENCY>                              0                       0
        

</TABLE>