<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE DECEMBER 31, 1997 UNAUDITED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-START> OCT-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 348,891 <SECURITIES> 0 <RECEIVABLES> 18,084 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 657,972 <PP&E> 10,164,265 <DEPRECIATION> 0 <TOTAL-ASSETS> 13,721,745 <CURRENT-LIABILITIES> 5,998,241 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,385 <OTHER-SE> 3,954,127 <TOTAL-LIABILITY-AND-EQUITY> 13,721,745 <SALES> 247,980 <TOTAL-REVENUES> 328,622 <CGS> 148,942 <TOTAL-COSTS> 148,942 <OTHER-EXPENSES> 588,604 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 106,178 <INCOME-PRETAX> (515,102) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (515,102) <EPS-PRIMARY> (0.070) <EPS-DILUTED> (0.070)