<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> AUG-31-1997 <PERIOD-END> AUG-31-1997 <CASH> 131,905 <SECURITIES> 0 <RECEIVABLES> 337,826 <ALLOWANCES> 73,891 <INVENTORY> 0 <CURRENT-ASSETS> 481,296 <PP&E> 3,194,880 <DEPRECIATION> 3,182,127 <TOTAL-ASSETS> 653,442 <CURRENT-LIABILITIES> 2,616,814 <BONDS> 146,907 <PREFERRED-MANDATORY> 0 <PREFERRED> 639,108 <COMMON> 87,909 <OTHER-SE> (2,837,296) <TOTAL-LIABILITY-AND-EQUITY> 653,442 <SALES> 2,001,297 <TOTAL-REVENUES> 2,001,297 <CGS> 1,818,442 <TOTAL-COSTS> 2,558,088 <OTHER-EXPENSES> 35,376 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 103,210 <INCOME-PRETAX> (695,377) <INCOME-TAX> 0 <INCOME-CONTINUING> (695,377) <DISCONTINUED> 0 <EXTRAORDINARY> 5,311,528 <CHANGES> 0 <NET-INCOME> 4,616,151 <EPS-PRIMARY> .70 <EPS-DILUTED> .70