<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-1-1996 <PERIOD-END> SEP-30-1996 <CASH> 3,203,897 <SECURITIES> 0 <RECEIVABLES> 234,956 <ALLOWANCES> 0 <INVENTORY> 319,602 <CURRENT-ASSETS> 4,383,531 <PP&E> 2,572,666 <DEPRECIATION> (158,613) <TOTAL-ASSETS> 44,757,601 <CURRENT-LIABILITIES> 2,748,379 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 14,487 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 44,757,601 <SALES> 1,028,429 <TOTAL-REVENUES> 1,384,017 <CGS> 729,734 <TOTAL-COSTS> 5,780,784 <OTHER-EXPENSES> 116,824 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 204,383 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 0 <EPS-PRIMARY> 0 <EPS-DILUTED> 0