<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
unaudited Balance Sheet as of June 30, 1996 and the unaudited Statement of
Operations for the six months ended June 30, 1996 and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                         1562219
<SECURITIES>                                         0
<RECEIVABLES>                                    90335
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               1652554
<PP&E>                                          787857<F1>
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 2568943
<CURRENT-LIABILITIES>                           527142
<BONDS>                                        2055605
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        449
<COMMON>                                          5201
<OTHER-SE>                                     (19454)
<TOTAL-LIABILITY-AND-EQUITY>                   2568943
<SALES>                                          30581
<TOTAL-REVENUES>                                 30581
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               42022
<INCOME-PRETAX>                              (1572954)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          (1572954)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (1572954)
<EPS-PRIMARY>                                    (.30)
<EPS-DILUTED>                                    (.30)
<FN>
<F1>Net of accumulated depreciation.
</FN>