<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MARCH
31, 1997 UNAUDITED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS
</LEGEND>
       
                             
<MULTIPLIER>                                         1
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1996
<PERIOD-START>                             OCT-01-1996
<PERIOD-END>                               MAR-31-1997
<CASH>                                         273,761
<SECURITIES>                                 3,500,000
<RECEIVABLES>                                    1,057
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               625,673
<PP&E>                                       8,766,594
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              13,178,096
<CURRENT-LIABILITIES>                        4,068,005
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         7,188
<OTHER-SE>                                   2,176,191
<TOTAL-LIABILITY-AND-EQUITY>                13,178,096
<SALES>                                        243,764
<TOTAL-REVENUES>                               305,887
<CGS>                                           43,701
<TOTAL-COSTS>                                   43,701
<OTHER-EXPENSES>                               952,604
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             394,710
<INCOME-PRETAX>                              (646,717)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (646,717)
<EPS-PRIMARY>                                  (0.091)
<EPS-DILUTED>                                  (0.091)