<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> AUG-31-1996 <PERIOD-END> AUG-31-1996 <CASH> 3,599,446 <SECURITIES> 0 <RECEIVABLES> 8,836,187 <ALLOWANCES> 0 <INVENTORY> 825,000 <CURRENT-ASSETS> 0 <PP&E> 4,091,003 <DEPRECIATION> 1,349,289 <TOTAL-ASSETS> 2,741,714 <CURRENT-LIABILITIES> 32,326,842 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 50,772 <COMMON> 551,000 <OTHER-SE> 8,408,439 <TOTAL-LIABILITY-AND-EQUITY> 43,722,513 <SALES> 78,290,083 <TOTAL-REVENUES> 78,290,083 <CGS> 53,152,958 <TOTAL-COSTS> 35,817,129 <OTHER-EXPENSES> (426,894) <LOSS-PROVISION> 716,000 <INTEREST-EXPENSE> 1,116,807 <INCOME-PRETAX> (11,369,917) <INCOME-TAX> (12,085,917) <INCOME-CONTINUING> 12,085,917 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (12,085,917) <EPS-PRIMARY> 0 <EPS-DILUTED> 0