<ARTICLE> 5
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<CURRENCY> US DOLLARS
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               DEC-31-1997
<EXCHANGE-RATE>                                      1
<CASH>                                         535,312
<SECURITIES>                                         0
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<TOTAL-ASSETS>                              13,010,554
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<OTHER-SE>                                (10,184,188)
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<CGS>                                                0
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<CHANGES>                                            0
<NET-INCOME>                               (4,695,847)
<EPS-PRIMARY>                                  (19.57)
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