<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Balance Sheet, Statement of Operations, Statement of Cash Flows and Notes thereto incorporated in Part I, Item I of this Form 10-QSB and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> AUG-31-1996 <PERIOD-END> NOV-30-1996 <CASH> 81,686 <SECURITIES> 0 <RECEIVABLES> 27,072 <ALLOWANCES> 0 <INVENTORY> 31,310 <CURRENT-ASSETS> 6,584 <PP&E> 4,127,238 <DEPRECIATION> 0 <TOTAL-ASSETS> 4,670,907 <CURRENT-LIABILITIES> 181,590 <BONDS> 0 <PREFERRED-MANDATORY> 2,204 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 4,487,113 <TOTAL-LIABILITY-AND-EQUITY> 4,670,907 <SALES> 27,072 <TOTAL-REVENUES> 0 <CGS> 17,337 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 176,156 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (166,421) <EPS-PRIMARY> (.08) <EPS-DILUTED> 0