<ARTICLE>      5

<MULTIPLIER>   1

       
                                        
<PERIOD-TYPE>                              6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                       4,965,682
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             5,677,966
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               7,635,540
<CURRENT-LIABILITIES>                        1,557,630
<BONDS>                                              0
<COMMON>                                       877,149
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     969,696
<TOTAL-LIABILITY-AND-EQUITY>                 7,635,540
<SALES>                                              0
<TOTAL-REVENUES>                                     0
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              26,082
<INCOME-PRETAX>                             (2,062,553)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                         (2,062,553)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                (2,062,553)
<EPS-PRIMARY>                                    (0.07)
<EPS-DILUTED>                                    (0.07)