<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> SEP-30-1996 <PERIOD-END> JUN-30-1996 <CASH> 1,013,056 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,088,508 <PP&E> 2,339,798 <DEPRECIATION> 906,318 <TOTAL-ASSETS> 2,818,918 <CURRENT-LIABILITIES> 1,052,121 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 37,020 <COMMON> 76,369 <OTHER-SE> 958,520 <TOTAL-LIABILITY-AND-EQUITY> 2,818,918 <SALES> 0 <TOTAL-REVENUES> 102,232 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 7,105,038 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 121,090 <INCOME-PRETAX> (7,123,896) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (7,123,896) <EPS-PRIMARY> (1.45) <EPS-DILUTED> .00