<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> MAR-31-1997 <PERIOD-END> SEP-30-1996 <CASH> 2,585 <SECURITIES> 0 <RECEIVABLES> 369,565 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 369,850 <PP&E> 25,432 <DEPRECIATION> 0 <TOTAL-ASSETS> 395,282 <CURRENT-LIABILITIES> 644,384 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,000 <OTHER-SE> (249,122) <TOTAL-LIABILITY-AND-EQUITY> 395,282 <SALES> 9,000 <TOTAL-REVENUES> 9,048 <CGS> 0 <TOTAL-COSTS> 18,066 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 12,000 <INCOME-PRETAX> (21,018) <INCOME-TAX> 0 <INCOME-CONTINUING> (21,018) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (21,018) <EPS-PRIMARY> (2.97) <EPS-DILUTED> 0