<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-START> JUL-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 6,353,568 <SECURITIES> 0 <RECEIVABLES> 358,690 <ALLOWANCES> 4,890 <INVENTORY> 725,211 <CURRENT-ASSETS> 6,712,258 <PP&E> 0 <DEPRECIATION> 68,428 <TOTAL-ASSETS> 8,238,479 <CURRENT-LIABILITIES> 221,381 <BONDS> 0 <PREFERRED-MANDATORY> 1,000 <PREFERRED> 0 <COMMON> 12,913 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 8,238,479 <SALES> 316,859 <TOTAL-REVENUES> 357,764 <CGS> 838,163 <TOTAL-COSTS> 995,138 <OTHER-EXPENSES> 106,250<F1> <LOSS-PROVISION> (4,890) <INTEREST-EXPENSE> (156,975) <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (806,624) <EPS-PRIMARY> ($.13) <EPS-DILUTED> 0 <FN> <F1>Other expense is 106,250 dividend on Series A Preferred Stock </FN>