<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> MAR-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 206,463 <SECURITIES> 0 <RECEIVABLES> 343,121 <ALLOWANCES> 40,000 <INVENTORY> 0 <CURRENT-ASSETS> 587,172 <PP&E> 226,665 <DEPRECIATION> 207,068 <TOTAL-ASSETS> 670,636 <CURRENT-LIABILITIES> 942,430 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 108,441 <OTHER-SE> (380,235) <TOTAL-LIABILITY-AND-EQUITY> 670,636 <SALES> 1,113,729 <TOTAL-REVENUES> 1,133,244 <CGS> 0 <TOTAL-COSTS> 1,318,571 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 141,211 <INCOME-PRETAX> (326,538) <INCOME-TAX> 0 <INCOME-CONTINUING> (326,538) <DISCONTINUED> 0 <EXTRAORDINARY> 2,854,831 <CHANGES> 0 <NET-INCOME> 2,528,293 <EPS-PRIMARY> .23 <EPS-DILUTED> .23