<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MARCH 31, 1998 UNAUDITED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-START> OCT-01-1997 <PERIOD-END> MAR-31-1998 <EXCHANGE-RATE> 1 <CASH> 224,065 <SECURITIES> 0 <RECEIVABLES> 31,643 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 688,491 <PP&E> 10,339,724 <DEPRECIATION> 0 <TOTAL-ASSETS> 14,307,656 <CURRENT-LIABILITIES> 7,137,057 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,385 <OTHER-SE> 3,452,917 <TOTAL-LIABILITY-AND-EQUITY> 14,307,656 <SALES> 524,791 <TOTAL-REVENUES> 614,491 <CGS> 198,678 <TOTAL-COSTS> 198,678 <OTHER-EXPENSES> 1,195,744 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 293,465 <INCOME-PRETAX> (1,073,396) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,073,396) <EPS-PRIMARY> (0.146) <EPS-DILUTED> (0.146)