<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 89,632 <SECURITIES> 2,000,000 <RECEIVABLES> 22,648 <ALLOWANCES> 0 <INVENTORY> 3,655,980 <CURRENT-ASSETS> 3,768,260 <PP&E> 622,551 <DEPRECIATION> (335,121) <TOTAL-ASSETS> 8,917,914 <CURRENT-LIABILITIES> 5,544,413 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 2,459,755 <COMMON> 10,023 <OTHER-SE> 27,733,111 <TOTAL-LIABILITY-AND-EQUITY> 8,917,914 <SALES> 1,565,858 <TOTAL-REVENUES> 1,782,184 <CGS> 36,205 <TOTAL-COSTS> 64,359 <OTHER-EXPENSES> 1,460,167 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 264,237 <INCOME-PRETAX> 33,038 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 33,038 <EPS-PRIMARY> .01 <EPS-DILUTED> .005