<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-QSB
FOR THE QUARTER ENDING JUNE 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-END>                               JUN-30-1997
<CASH>                                         185,542
<SECURITIES>                                         0
<RECEIVABLES>                                    9,707
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               196,231
<PP&E>                                      39,000,000
<DEPRECIATION>                            (38,327,665)
<TOTAL-ASSETS>                                 871,606
<CURRENT-LIABILITIES>                        2,221,778
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       619,759
<OTHER-SE>                                     155,696
<TOTAL-LIABILITY-AND-EQUITY>                   871,606
<SALES>                                              0
<TOTAL-REVENUES>                               236,292
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               220,466
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              23,342
<INCOME-PRETAX>                                (7,516)
<INCOME-TAX>                                  (36,360)
<INCOME-CONTINUING>                           (43,876)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (43,876)
<EPS-PRIMARY>                                    (.01)
<EPS-DILUTED>                                    (.01)