<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-END> SEP-30-1995 <CASH> 49,522 <SECURITIES> 20,000 <RECEIVABLES> 404,656 <ALLOWANCES> 0 <INVENTORY> 195,394 <CURRENT-ASSETS> 682,132 <PP&E> 324,192 <DEPRECIATION> (203,912) <TOTAL-ASSETS> 4,375,077 <CURRENT-LIABILITIES> 54,458 <BONDS> 6,941,253 <COMMON> 151,637 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (12,445) <TOTAL-LIABILITY-AND-EQUITY> 4,375,077 <SALES> 0 <TOTAL-REVENUES> 51,640 <CGS> 0 <TOTAL-COSTS> 86,682 <OTHER-EXPENSES> 61,467 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 149,175 <INCOME-PRETAX> (245,684) <INCOME-TAX> 0 <INCOME-CONTINUING> (245,684) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (245,684) <EPS-PRIMARY> (.00) <EPS-DILUTED> (.00)