<ARTICLE> 5 <LEGEND> This Schedule contains summary financial information extracted from financial statements for the fiscal quarter ended December 31, 1997 and is qualified in its entirety by reference to such financial statements </LEGEND> <MULTIPLIER> 1 <CURRENCY> United States <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> MAR-31-1997 <PERIOD-START> APR-1-1997 <PERIOD-END> DEC-31-1997 <EXCHANGE-RATE> 1 <CASH> 6,029 <SECURITIES> 0 <RECEIVABLES> 200,115 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 235,604 <PP&E> 1,078,107 <DEPRECIATION> 56,852 <TOTAL-ASSETS> 1,313,711 <CURRENT-LIABILITIES> 4,667,039 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 1,815 <COMMON> 5,836 <OTHER-SE> (2,919,634) <TOTAL-LIABILITY-AND-EQUITY> 1,313,711 <SALES> 0 <TOTAL-REVENUES> 181,232 <CGS> 0 <TOTAL-COSTS> 519,132 <OTHER-EXPENSES> (21,150) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 135,823 <INCOME-PRETAX> (337,900) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (337,900) <EPS-PRIMARY> (0.08) <EPS-DILUTED> (0.08)