<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S CONSOLIDATED BALANCE SHEET AT DECEMBER 31, 1995 AND ITS CONSOLIDATED STATEMENT OF OPERATIONS FOR THE NINE MONTHS ENDED DECEMBER 31, 1995 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> MAR-31-1996 <PERIOD-END> DEC-31-1995 <CASH> 27,656 <SECURITIES> 0 <RECEIVABLES> 34,937 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 62,593 <PP&E> 3,150,712 <DEPRECIATION> 170,396 <TOTAL-ASSETS> 5,413,285 <CURRENT-LIABILITIES> 297,386 <BONDS> 0 <COMMON> 104,185 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 4,902,410 <TOTAL-LIABILITY-AND-EQUITY> 5,413,285 <SALES> 76,052 <TOTAL-REVENUES> 81,652 <CGS> 0 <TOTAL-COSTS> 661,979 <OTHER-EXPENSES> 64,020 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 12,630 <INCOME-PRETAX> (656,977) <INCOME-TAX> (169,100) <INCOME-CONTINUING> (487,877) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (487,877) <EPS-PRIMARY> (.07) <EPS-DILUTED> (.07)