<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-QSB
FOR THE QUARTERLY PERIOD ENDED DECEMBER 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          MAR-31-1997
<PERIOD-END>                               DEC-31-1996
<CASH>                                         296,472
<SECURITIES>                                         0
<RECEIVABLES>                                   14,917
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               313,264
<PP&E>                                      39,000,000
<DEPRECIATION>                            (38,168,021)
<TOTAL-ASSETS>                               1,145,243
<CURRENT-LIABILITIES>                        1,795,678
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       619,759
<OTHER-SE>                                     155,696
<TOTAL-LIABILITY-AND-EQUITY>                 1,145,243
<SALES>                                              0
<TOTAL-REVENUES>                               968,431
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               849,517
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              92,194
<INCOME-PRETAX>                                 26,720
<INCOME-TAX>                                   198,072
<INCOME-CONTINUING>                          (171,352)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (171,352)
<EPS-PRIMARY>                                    (.02)
<EPS-DILUTED>                                    (.02)