<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Balance Sheet at March 31, 1998 (Unaudited) and the Statement of Operations
for the six months ended March 31, 1998 (Unaudited) and is qualified in
its entirety by reference to such financial statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1997
<PERIOD-END>                               MAR-31-1998
<CASH>                                          56,363
<SECURITIES>                                         0
<RECEIVABLES>                                  464,522
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               536,187
<PP&E>                                         199,008
<DEPRECIATION>                                (32,117)
<TOTAL-ASSETS>                               7,500,469
<CURRENT-LIABILITIES>                           28,362
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       152,845
<OTHER-SE>                                   7,319,262
<TOTAL-LIABILITY-AND-EQUITY>                 7,500,469
<SALES>                                              0
<TOTAL-REVENUES>                                     0
<CGS>                                                0
<TOTAL-COSTS>                                  627,530
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              1,279,314
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          1,279,314
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,279,314
<EPS-PRIMARY>                                     0.09
<EPS-DILUTED>                                     0.09