<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Form 10-K and is qualified in its entirety by reference to such statements. </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 293,433 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 293,433 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 293,433 <CURRENT-LIABILITIES> 293,433 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 293,433 <SALES> 0 <TOTAL-REVENUES> 69,345 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 436,221 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 50 <INCOME-PRETAX> (366,926) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (366,926) <EPS-PRIMARY> (4.90) <EPS-DILUTED> (4.92)