<ARTICLE> 5 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> OCT-31-1995 <PERIOD-START> NOV-01-1995 <PERIOD-END> JUL-31-1996 <EXCHANGE-RATE> 1 <CASH> 967 <SECURITIES> 0 <RECEIVABLES> 86,376 <ALLOWANCES> 84,480 <INVENTORY> 0 <CURRENT-ASSETS> 2,863 <PP&E> 539 <DEPRECIATION> 22 <TOTAL-ASSETS> 3,380 <CURRENT-LIABILITIES> 198,658 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 26,000 <COMMON> 19,801 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 3,380 <SALES> 0 <TOTAL-REVENUES> 29,969 <CGS> 0 <TOTAL-COSTS> 119,127 <OTHER-EXPENSES> 76,287 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,074 <INCOME-PRETAX> (166,519) <INCOME-TAX> 0 <INCOME-CONTINUING> (166,519) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (166,519) <EPS-PRIMARY> (0.10) <EPS-DILUTED> (0.10)