<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 81,299 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 6,951,201 <PP&E> 3,264,402 <DEPRECIATION> 1,526,571 <TOTAL-ASSETS> 10,989,870 <CURRENT-LIABILITIES> 23,129,731 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 1,341,400 <COMMON> 4,827 <OTHER-SE> (14,065,534) <TOTAL-LIABILITY-AND-EQUITY> 10,989,870 <SALES> 4,454,377 <TOTAL-REVENUES> 4,454,377 <CGS> 2,830,030 <TOTAL-COSTS> 4,546,788 <OTHER-EXPENSES> 15,624,451 <LOSS-PROVISION> 268,881 <INTEREST-EXPENSE> 353,522 <INCOME-PRETAX> (19,900,404) <INCOME-TAX> 0 <INCOME-CONTINUING> (19,900,404) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (19,900,404) <EPS-PRIMARY> (.45) <EPS-DILUTED> (.45)