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<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CAPITAL
RESERVE CORPORATION'S AUDITED CONSOLIDATED FINANCIAL STATESMENTS FOR THE PERIOD
ENDED DECEMBER 31, 1999 AND CAPITAL RESERVE CORPORATION'S UNAUDITED
CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED JUNE 30, 2000 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C> <C>
<PERIOD-TYPE> YEAR 6-MOS
<FISCAL-YEAR-END> DEC-31-1999 DEC-31-2000
<PERIOD-END> DEC-31-1999 JUN-30-2000
<CASH> 14,057 25,725
<SECURITIES> 0 0
<RECEIVABLES> 0 390,035
<ALLOWANCES> 0 0
<INVENTORY> 0 0
<CURRENT-ASSETS> 67,495 447,760
<PP&E> 0 1,227,760
<DEPRECIATION> 0 4,219
<TOTAL-ASSETS> 195,336 2,374,997
<CURRENT-LIABILITIES> 75,492 88,287
<BONDS> 0 539,976
0 0
0 0
<COMMON> 3,374,894 4,791,832
<OTHER-SE> (3,382,550) (3,705,027)
<TOTAL-LIABILITY-AND-EQUITY> 195,336 2,374,997
<SALES> 0 11,942
<TOTAL-REVENUES> 0 80,447
<CGS> 0 7,091
<TOTAL-COSTS> 0 46,995
<OTHER-EXPENSES> 172,917 0
<LOSS-PROVISION> 0 0
<INTEREST-EXPENSE> 0 0
<INCOME-PRETAX> 0 (322,477)
<INCOME-TAX> 0 0
<INCOME-CONTINUING> (172,917) (322,477)
<DISCONTINUED> 0 0
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> (172,917) (322,477)
<EPS-BASIC> (0.12) (0.10)
<EPS-DILUTED> (0.12) (0.10)
</TABLE>
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