<ARTICLE>5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS INCLUDED IN REGISTRANT'S FORM 10-Q FOR THE PERIOD ENDED DECEMBER 31, 1996, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO ITS FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1996 <PERIOD-END> DEC-31-1996 <CASH> 347,505 <SECURITIES> 0 <RECEIVABLES> 100,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 472,097 <PP&E> 15,185 <DEPRECIATION> 2,985 <TOTAL-ASSETS> 5,286,472 <CURRENT-LIABILITIES> 81,245 <BONDS> 0 <COMMON> 107,211 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 5,098,016 <TOTAL-LIABILITY-AND-EQUITY> 5,286,472 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 340,173 <OTHER-EXPENSES> 2,984 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,833 <INCOME-PRETAX> (339,324) <INCOME-TAX> 0 <INCOME-CONTINUING> (339,324) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (339,324) <EPS-PRIMARY> (0.03) <EPS-DILUTED> (0.03)