<ARTICLE>       5
<MULTIPLIER>    1
       
                                     
<PERIOD-TYPE>                           9-MOS
<FISCAL-YEAR-END>                       Jun-30-1997
<PERIOD-START>                          Jul-01-1996
<PERIOD-END>                            Mar-31-1997
<CASH>                                        46420
<SECURITIES>                                      0
<RECEIVABLES>                                247496
<ALLOWANCES>                                      0
<INVENTORY>                                       0
<CURRENT-ASSETS>                             293916
<PP&E>                                            0
<DEPRECIATION>                                    0
<TOTAL-ASSETS>                               620760
<CURRENT-LIABILITIES>                       2221520
<BONDS>                                           0
<COMMON>                                     263786
<PREFERRED-MANDATORY>                             0
<PREFERRED>                                       0
<OTHER-SE>                                (1864546)
<TOTAL-LIABILITY-AND-EQUITY>                 620760
<SALES>                                           0
<TOTAL-REVENUES>                              20601
<CGS>                                             0
<TOTAL-COSTS>                                     0
<OTHER-EXPENSES>                             114615
<LOSS-PROVISION>                                  0
<INTEREST-EXPENSE>                            68600
<INCOME-PRETAX>                            (162614)
<INCOME-TAX>                                      0
<INCOME-CONTINUING>                        (162614)
<DISCONTINUED>                                    0
<EXTRAORDINARY>                                   0
<CHANGES>                                         0
<NET-INCOME>                               (162614)
<EPS-PRIMARY>                                  .006
<EPS-DILUTED>                                  .006