WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  

<ARTICLE>      5
<MULTIPLIER>   1
       
                      
<PERIOD-TYPE>            9-MOS
<FISCAL-YEAR-END>                  DEC-31-1995
<PERIOD-END>                       SEP-30-1995
<CASH>                               2,061,797
<SECURITIES>                                 0
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<OTHER-SE>                           4,686,855
<TOTAL-LIABILITY-AND-EQUITY>         4,713,500
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<CGS>                                        0
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<OTHER-EXPENSES>                       172,146
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<INCOME-PRETAX)                        (78,464)
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<NET-INCOME>                           (78,464)
<EPS-PRIMARY>                            (0.02)                   
 
<EPS-DILUTED>                            (0.02)