<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> MAR-31-1995 <CASH> 103,838 <SECURITIES> 0 <RECEIVABLES> 1,735,263 <ALLOWANCES> 0 <INVENTORY> 4,869,855 <CURRENT-ASSETS> 2,595,766 <PP&E> 55,434,377 <DEPRECIATION> 14,268,775 <TOTAL-ASSETS> 71,018,771 <CURRENT-LIABILITIES> 29,011,954 <BONDS> 16,946,755 <COMMON> 104,359 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 41,246,365 <TOTAL-LIABILITY-AND-EQUITY> 71,018,771 <SALES> 6,792,559 <TOTAL-REVENUES> 6,792,559 <CGS> 2,648,932 <TOTAL-COSTS> 7,058,878 <OTHER-EXPENSES> 1,090,500 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 445,877 <INCOME-PRETAX> (4,436,003) <INCOME-TAX> 0 <INCOME-CONTINUING> (4,436,003) <DISCONTINUED> 0 <EXTRAORDINARY> (250,000) <CHANGES> 0 <NET-INCOME> (4,686,003) <EPS-PRIMARY> (.45) <EPS-DILUTED> (.45)