<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10QSB
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH 10QSB AND SB-2.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JUL-01-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                       5,957,401
<SECURITIES>                                   650,000
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             6,131,531
<PP&E>                                         842,584
<DEPRECIATION>                               (188,567)
<TOTAL-ASSETS>                               7,457,048
<CURRENT-LIABILITIES>                          684,968
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         3,185
<OTHER-SE>                                  10,777,241
<TOTAL-LIABILITY-AND-EQUITY>                 7,457,048
<SALES>                                         28,621
<TOTAL-REVENUES>                                28,621
<CGS>                                           12,951
<TOTAL-COSTS>                                   12,951
<OTHER-EXPENSES>                             1,972,269
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              45,726
<INCOME-PRETAX>                            (1,910,873)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (1,910,873)
<EPS-PRIMARY>                                   (0.61)
<EPS-DILUTED>                                   (0.61)