<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 2,727,100 <SECURITIES> 0 <RECEIVABLES> 9,252,393 <ALLOWANCES> 0 <INVENTORY> 668,898 <CURRENT-ASSETS> 12,873,806 <PP&E> 17,625,430 <DEPRECIATION> 265,592 <TOTAL-ASSETS> 36,863,901 <CURRENT-LIABILITIES> 1,313,489 <BONDS> 18,401,667 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 62,143 <OTHER-SE> 8,192,703 <TOTAL-LIABILITY-AND-EQUITY> 36,863,901 <SALES> 3,153,075 <TOTAL-REVENUES> 3,153,075 <CGS> 2,255,190 <TOTAL-COSTS> 1,142,320 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 735,892 <INCOME-PRETAX> (958,493) <INCOME-TAX> 0 <INCOME-CONTINUING> (958,493) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (958,493) <EPS-PRIMARY> (0.15) <EPS-DILUTED> (0.15)