<ARTICLE> 5 <RESTATED> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 1,353,528 <SECURITIES> 0 <RECEIVABLES> 330,047 <ALLOWANCES> 0 <INVENTORY> 214,164 <CURRENT-ASSETS> 2,035,252 <PP&E> 3,787,802 <DEPRECIATION> 321,226 <TOTAL-ASSETS> 43,531,718 <CURRENT-LIABILITIES> 1,309,734 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 19,748 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 43,531,718 <SALES> 498,849 <TOTAL-REVENUES> 498,849 <CGS> 272,114 <TOTAL-COSTS> 1,768,786 <OTHER-EXPENSES> 63,671 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 63,671 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,333,608) <EPS-PRIMARY> (0.07) <EPS-DILUTED> (0.07)