<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 717,131 <SECURITIES> 0 <RECEIVABLES> 2,121,440 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,838,571 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 2,838,571 <CURRENT-LIABILITIES> 2,563,509 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 275,062 <TOTAL-LIABILITY-AND-EQUITY> 2,838,571 <SALES> 638,526 <TOTAL-REVENUES> 799,257 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 405,085 <LOSS-PROVISION> 400,000 <INTEREST-EXPENSE> 936 <INCOME-PRETAX> (6,764) <INCOME-TAX> 0 <INCOME-CONTINUING> (6,764) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (6,764) <EPS-PRIMARY> 0 <EPS-DILUTED> 0