<ARTICLE> 5 <LEGEND> CONDENSED BALANCE SHEET AND CONDENSED STATEMENT OF OPERATIONS FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED JUNE 30, 1996. </LEGEND> <PERIOD-TYPE> 3-MOS 3-MOS 6-MOS 6-MOS OTHER <FISCAL-YEAR-END> DEC-31-1995 DEC-31-1996 DEC-31-1995 DEC-31-1996 DEC-31-1996 <PERIOD-END> JUN-30-1995 JUN-30-1996 JUN-30-1995 JUN-30-1996 JUN-30-1996 <CASH> 0 0 0 698,237 0 <SECURITIES> 0 0 0 0 0 <RECEIVABLES> 0 0 0 116,967 0 <ALLOWANCES> 0 0 0 0 0 <INVENTORY> 0 0 0 0 0 <CURRENT-ASSETS> 0 0 0 1,107,788 0 <PP&E> 0 0 0 13,469 0 <DEPRECIATION> 0 0 0 4,497 0 <TOTAL-ASSETS> 0 0 0 2,672,555 0 <CURRENT-LIABILITIES> 0 0 0 169,942 0 <BONDS> 0 0 0 0 0 <PREFERRED-MANDATORY> 0 0 0 0 0 <PREFERRED> 0 0 0 0 0 <COMMON> 0 0 0 3,765 0 <OTHER-SE> 0 0 0 2,498,847 0 <TOTAL-LIABILITY-AND-EQUITY> 0 0 0 2,672,555 0 <SALES> 0 0 0 0 0 <TOTAL-REVENUES> 0 0 0 0 0 <CGS> 0 0 0 0 0 <TOTAL-COSTS> 0 0 0 0 0 <OTHER-EXPENSES> 394,187 232,670 1,225,173 492,224 4,606,906 <LOSS-PROVISION> 0 0 0 0 0 <INTEREST-EXPENSE> 0 0 0 0 382,317 <INCOME-PRETAX> (382,049) (222,575) (1,175,393) (475,532) (4,912,423) <INCOME-TAX> 0 0 0 0 0 <INCOME-CONTINUING> (382,049) (222,575) (1,175,393) (475,532) (4,912,423) <DISCONTINUED> 0 0 0 0 0 <EXTRAORDINARY> 0 0 0 0 0 <CHANGES> 0 0 0 0 0 <NET-INCOME> (382,049) (222,575) (1,175,393) (475,532) (4,912,423) <EPS-PRIMARY> (.17) (.08) (.52) (.19) (2.77) <EPS-DILUTED> (.17) (.08) (.52) (.19) (2.77)