<ARTICLE>				5 <LEGEND>				This schedule contains summary financial information extracted from the consolidated Statements of Operations and Balance Sheets and is qualified in its entirety by reference to such financial statements. <MULTIPLIER> 1 <CURRENCY>			US Dollars <PERIOD-START>			JAN-1-1997 <PERIOD-TYPE>			6-MOS <FISCAL-YEAR-END>		DEC-31-1997 <PERIOD-END>			JUN-30-1997 <EXCHANGE-RATE> 	1 <CASH>				10,013 <SECURITIES> 0 <RECEIVABLES>			0 <ALLOWANCES>			0 <INVENTORY>			0	 <CURRENT-ASSETS>		284,030 <PP&E>		8,305						 <DEPRECIATION>			4,656 <TOTAL-ASSETS>			5,133,281 <CURRENT-LIABILITIES>		10,969,036 <BONDS>				0 <COMMON>				27,803,255 <PREFERRED-MANDATORY>	0					 <PREFERRED>			0 <OTHER-SE>	(33,639,010)							 <TOTAL-LIABILITY-AND-EQUITY>	5,133,281		 <SALES>				0 <TOTAL-REVENUES>		0 <CGS>				0 <TOTAL-COSTS>			0 <OTHER-EXPENSES>	268,066			 <LOSS-PROVISION>		0 <INTEREST-EXPENSE>		0 <INCOME-PRETAX>		(268,066) <INCOME-TAX>			0 <INCOME-CONTINUING>		(268,066) <DISCONTINUED>			(13,570,374) <EXTRAORDINARY>		0			 <CHANGES>				0	 <NET-INCOME>			(13,838,440) <EPS-PRIMARY> (2.90) <EPS-DILUTED> 		(2.90)