COMPOSITECH LTD
10QSB, EX-27, 2000-08-14
ELECTRONIC COMPONENTS & ACCESSORIES
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<TABLE> <S> <C>


<ARTICLE>                     5
<LEGEND>
     This schedule  contains summary financial  information  extracted from Form
10-QSB for the six months  ended June 30, 2000 and is  qualified in its entirety
by reference to such financial statements.
</LEGEND>

<S>                             <C>
<PERIOD-TYPE>                   6-mos
<FISCAL-YEAR-END>                              Dec-31-2000
<PERIOD-END>                                   Jun-30-2000
<CASH>                                         7,036
<SECURITIES>                                   0
<RECEIVABLES>                                  0
<ALLOWANCES>                                   0
<INVENTORY>                                    0
<CURRENT-ASSETS>                               84,786
<PP&E>                                         2,000,000 <F1>
<DEPRECIATION>                                 0
<TOTAL-ASSETS>                                 2,604,060
<CURRENT-LIABILITIES>                          5,096,829
<BONDS>                                        0
                          0
                                    1,519,995
<COMMON>                                       209,838
<OTHER-SE>                                     (7,091,744)
<TOTAL-LIABILITY-AND-EQUITY>                   2,604,060
<SALES>                                        0
<TOTAL-REVENUES>                               0
<CGS>                                          0
<TOTAL-COSTS>                                  0
<OTHER-EXPENSES>                               1,010,524 <F2>
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             424,432 <F3>
<INCOME-PRETAX>                                (1,438,606)
<INCOME-TAX>                                   0
<INCOME-CONTINUING>                            0
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   (1,438,606)
<EPS-BASIC>                                    (0.08)
<EPS-DILUTED>                                  (0.08)

<FN>
<F1>
Consists of $2,000,000 of property and equipment held for sale
<F2>
Other expense includes approximately $257,000 of non-cash expenses related to
the amoritization of warrants and stock based compensation
<F3>
Interest  expenses  includes  $259,869  of  amortization  of debt  discount  and
expenses, a non-cash item
</FN>



</TABLE>


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