<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated balance sheets and consolidated statements of operations contained
in the Company's Quarterly Report on Form 10-Q for period ended September 30,
1999 and is qualified in its entirety by reference to such financial statements.
</LEGEND>

<S>                             <C>                     <C>
<PERIOD-TYPE>                   9-MOS                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998             DEC-31-1999
<PERIOD-START>                             JAN-01-1998             JAN-01-1999
<PERIOD-END>                               SEP-30-1998             SEP-30-1999
<CASH>                                         288,815               1,489,173
<SECURITIES>                                 3,477,353                       0
<RECEIVABLES>                                        0               1,372,739
<ALLOWANCES>                                         0                       0
<INVENTORY>                                          0                       0
<CURRENT-ASSETS>                             6,873,683               3,368,466
<PP&E>                                         696,089                  32,910
<DEPRECIATION>                                       0                       0
<TOTAL-ASSETS>                              14,207,388               4,062,283
<CURRENT-LIABILITIES>                        3,592,763               1,482,118
<BONDS>                                              0                       0
<PREFERRED-MANDATORY>                              654                     400
<PREFERRED>                                          0                       0
<COMMON>                                         8,265                  20,957
<OTHER-SE>                                   8,287,449               2,558,808
<TOTAL-LIABILITY-AND-EQUITY>                14,207,387               4,062,283
<SALES>                                              0                       0
<TOTAL-REVENUES>                                52,188                       0
<CGS>                                                0                       0
<TOTAL-COSTS>                                4,229,115               6,161,258
<OTHER-EXPENSES>                                     0                 149,114
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                           (264,964)               (138,202)
<INCOME-PRETAX>                                      0                       0
<INCOME-TAX>                                         0                       0
<INCOME-CONTINUING>                        (4,078,354)             (2,470,691)
<DISCONTINUED>                               (222,688)               (189,407)
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                               (4,301,042)             (3,870,380)
<EPS-BASIC>                                     (0.69)                  (0.24)
<EPS-DILUTED>                                   (0.69)                  (0.24)


</TABLE>