<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-START> JUL-01-1995 <PERIOD-END> JUN-30-1996 <CASH> 13004 <SECURITIES> 15747 <RECEIVABLES> 46492 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 75610 <PP&E> 499743 <DEPRECIATION> (4791) <TOTAL-ASSETS> 570562 <CURRENT-LIABILITIES> 246429 <BONDS> 200000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 844542 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 570562 <SALES> 205144 <TOTAL-REVENUES> 319371 <CGS> 64685 <TOTAL-COSTS> 326149 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 162200 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (6778) <INCOME-TAX> 0 <INCOME-CONTINUING> (6778) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (6778) <EPS-PRIMARY> (.001) <EPS-DILUTED> (0)<F1> <FN> <F1>Result would be anti-dilutive due to loss </FN>