<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the June 30, 1997 financial statements. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 545,072 <SECURITIES> 0 <RECEIVABLES> 15,166 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 560,238 <PP&E> 2,882 <DEPRECIATION> (2,882) <TOTAL-ASSETS> 1,504,238 <CURRENT-LIABILITIES> 7,640 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 5,359 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 1,504,238 <SALES> 0 <TOTAL-REVENUES> 263,983 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 46,035 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 254,948 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 254,948 <EPS-PRIMARY> .049 <EPS-DILUTED> .049