<ARTICLE>                     5
<LEGEND>
     THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE CONSOLIDATED
     BALANCE SHEET AND THE CONSOLIDATED STATEMENT OF OPERATIONS AND IS 
     QUALIFIED IN ITS ENTIRETY BY REFERNCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
                           
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              DEC-31-1996
                              
<PERIOD-END>                                   MAR-31-1996
<CASH>                                           1,564,152
<SECURITIES>                                       141,000
<RECEIVABLES>                                       53,109
<ALLOWANCES>                                             0
<INVENTORY>                                        111,900
<CURRENT-ASSETS>                                 1,936,462
<PP&E>                                           1,540,410
<DEPRECIATION>                                     279,794
<TOTAL-ASSETS>                                   4,801,864
<CURRENT-LIABILITIES>                              425,299
<BONDS>                                                  0
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                               535
<OTHER-SE>                                       4,267,977
<TOTAL-LIABILITY-AND-EQUITY>                     4,801,864
<SALES>                                            390,139
<TOTAL-REVENUES>                                   390,139
<CGS>                                                    0
<TOTAL-COSTS>                                      664,636
<OTHER-EXPENSES>                                   (26,105)
<LOSS-PROVISION>                                         0
<INTEREST-EXPENSE>                                 447,694
<INCOME-PRETAX>                                    199,302
<INCOME-TAX>                                             0
<INCOME-CONTINUING>                                199,302
<DISCONTINUED>                                           0
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                       199,302
<EPS-PRIMARY>                                          .04
<EPS-DILUTED>                                          .04