<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-START> APR-01-1998 <PERIOD-END> JUN-30-1998 <CASH> 68,898 <SECURITIES> 0 <RECEIVABLES> 19,101,813 <ALLOWANCES> (1,570,366) <INVENTORY> 663,184 <CURRENT-ASSETS> 18,263,529 <PP&E> 310,801 <DEPRECIATION> (134,130) <TOTAL-ASSETS> 20,757,474 <CURRENT-LIABILITIES> 13,381,994 <BONDS> 0 <PREFERRED-MANDATORY> 39,450 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 9,602,421 <TOTAL-LIABILITY-AND-EQUITY> 20,757,474 <SALES> 1,907,950 <TOTAL-REVENUES> 1,907,950 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 620,857 <LOSS-PROVISION> 1,570,366 <INTEREST-EXPENSE> 256,135 <INCOME-PRETAX> (539,408) <INCOME-TAX> (220,190) <INCOME-CONTINUING> (319,218) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (319,218) <EPS-PRIMARY> (0.08) <EPS-DILUTED> (0.08)