<ARTICLE> 5 <PERIOD-TYPE> 11-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> NOV-30-1996 <CASH> 925,143 <SECURITIES> 0 <RECEIVABLES> 2,453,819 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 5,619,934 <PP&E> 2,633,657 <DEPRECIATION> 433,473 <TOTAL-ASSETS> 9,036,080 <CURRENT-LIABILITIES> 5,655,647 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 760,260 <COMMON> 57,211 <OTHER-SE> 1,900,227 <TOTAL-LIABILITY-AND-EQUITY> 9,036,080 <SALES> 6,056,581 <TOTAL-REVENUES> 6,063,104 <CGS> 0 <TOTAL-COSTS> 3,187,123 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 473,635 <INCOME-PRETAX> 2,402,346 <INCOME-TAX> 912,975 <INCOME-CONTINUING> 1,489,371 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,489,371 <EPS-PRIMARY> .25 <EPS-DILUTED> .23