<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the Financial Statements at June 30, 1996 (unaudited) and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> SEP-30-1996 <PERIOD-START> OCT-01-1995 <PERIOD-END> JUN-30-1996 <CASH> 382,360 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 386,163 <PP&E> 14,632 <DEPRECIATION> 2,554 <TOTAL-ASSETS> 5,243,891 <CURRENT-LIABILITIES> 125,316 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 95,499 <OTHER-SE> 5,023,256 <TOTAL-LIABILITY-AND-EQUITY> 5,243,891 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 929,984 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 7,409 <INCOME-PRETAX> (937,393) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (937,393) <EPS-PRIMARY> (0.11) <EPS-DILUTED> (0.11)