<ARTICLE> 5
<LEGEND>

THS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
10-QSB FOR THE PERIOD ENDED SEPTEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FORM 10-QSB.

</LEGEND>
<MULTIPLIER> 1

                            
<PERIOD-TYPE>                  3-MOS
<FISCAL-YEAR-END>              MAR-31-1997
<PERIOD-END>                   SEP-30-1996
<CASH>                             589,499
<SECURITIES>                             0
<RECEIVABLES>                    1,454,947
<ALLOWANCES>                             0
<INVENTORY>                              0
<CURRENT-ASSETS>                 2,044,446
<PP&E>                               2,660
<DEPRECIATION>                        (976)
<TOTAL-ASSETS>                   2,046,130
<CURRENT-LIABILITIES>              163,842
<BONDS>                                  0
<PREFERRED-MANDATORY>                    0
<PREFERRED>                      1,427,700
<COMMON>                         1,436,055
<OTHER-SE>                               0
<TOTAL-LIABILITY-AND-EQUITY>     2,046,130
<SALES>                                  0
<TOTAL-REVENUES>                     5,574
<CGS>                               39,931
<TOTAL-COSTS>                       39,931
<OTHER-EXPENSES>                    25,956
<LOSS-PROVISION>                         0 
<INTEREST-EXPENSE>                       0
<INCOME-PRETAX>                          0
<INCOME-TAX>                             0
<INCOME-CONTINUING>                (60,313)
<DISCONTINUED>                           0
<EXTRAORDINARY>                          0
<CHANGES>                                0
<NET-INCOME>                       (60,313)
<EPS-PRIMARY>                         (.02)
<EPS-DILUTED>                         (.02)