<ARTICLE> 5
<LEGEND>
Financial Statements as of March 31, 1996.
</LEGEND>
       
                                          
<PERIOD-TYPE>                               9-MOS
<FISCAL-YEAR-END>                          JUN-30-1996
<PERIOD-END>                               MAR-31-1996
<CASH>                                            4169
<SECURITIES>                                         0
<RECEIVABLES>                                    12661
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                 16830
<PP&E>                                        11026567
<DEPRECIATION>                                   10181
<TOTAL-ASSETS>                                11037459
<CURRENT-LIABILITIES>                          4417691
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                       2250
<COMMON>                                         10836
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<TOTAL-LIABILITY-AND-EQUITY>                  11037459
<SALES>                                              0
<TOTAL-REVENUES>                                    16
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<OTHER-EXPENSES>                                300371
<LOSS-PROVISION>                                     0
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<INCOME-PRETAX>                               (300355)
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<INCOME-CONTINUING>                           (300355)
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<EXTRAORDINARY>                                 187500
<CHANGES>                                            0
<NET-INCOME>                                  (112855)
<EPS-PRIMARY>                                    (.02)
<EPS-DILUTED>                                    (.02)