<ARTICLE> 5 <PERIOD-TYPE> 4-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> APR-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 2,965,275 <SECURITIES> 0 <RECEIVABLES> 30,551 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,995,826 <PP&E> 2,644,340 <DEPRECIATION> (3,992) <TOTAL-ASSETS> 5,636,174 <CURRENT-LIABILITIES> 155,468 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 5,480,706 <TOTAL-LIABILITY-AND-EQUITY> 5,636,174 <SALES> 79,420 <TOTAL-REVENUES> 111,354 <CGS> 0 <TOTAL-COSTS> 10,868 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 100,486 <INCOME-TAX> 0 <INCOME-CONTINUING> 100,486 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 100,486 <EPS-PRIMARY> 0 <EPS-DILUTED> 0