<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-QSB FOR THE PERIOD ENDED JUNE 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10-QSB. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1998 <PERIOD-END> JUN-30-1997 <CASH> 143,913 <SECURITIES> 0 <RECEIVABLES> 1,174,640 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,410,647 <PP&E> 5,656 <DEPRECIATION> (143) <TOTAL-ASSETS> 1,416,160 <CURRENT-LIABILITIES> 43,882 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 1,427,700 <COMMON> 1,472,055 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 1,416,160 <SALES> 28,483 <TOTAL-REVENUES> 28,483 <CGS> 86,572 <TOTAL-COSTS> 86,572 <OTHER-EXPENSES> 111,948 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> (170,037) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (170,037) <EPS-PRIMARY> (.05) <EPS-DILUTED> (.05)