<ARTICLE> 5 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <EXCHANGE-RATE> 1 <CASH> 4,576 <SECURITIES> 0 <RECEIVABLES> 6,629 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 11,817 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 19,920 <CURRENT-LIABILITIES> 299,262 <BONDS> 0 <PREFERRED-MANDATORY> 249,992 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (529,334) <TOTAL-LIABILITY-AND-EQUITY> 19,820 <SALES> 0 <TOTAL-REVENUES> 5,241 <CGS> 0 <TOTAL-COSTS> (17,172) <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (11,931) <INCOME-TAX> 0 <INCOME-CONTINUING> (11,931) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (11,931) <EPS-PRIMARY> (.05) <EPS-DILUTED> (.05)