<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 397,400 <SECURITIES> 0 <RECEIVABLES> 2,756,268 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,153,668 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 3,153,668 <CURRENT-LIABILITIES> 2,832,447 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 321,221 <TOTAL-LIABILITY-AND-EQUITY> 3,153,668 <SALES> 711,881 <TOTAL-REVENUES> (181,220) <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 699,689 <LOSS-PROVISION> 400,000 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (1,280,909) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,280,909) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,280,909) <EPS-PRIMARY> 0 <EPS-DILUTED> 0