<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> APR-30-1998 <PERIOD-END> OCT-31-1997 <CASH> 5,077 <SECURITIES> 0 <RECEIVABLES> 418,440 <ALLOWANCES> 0 <INVENTORY> 110,549 <CURRENT-ASSETS> 539,614 <PP&E> 6,312,838 <DEPRECIATION> 1,095,846 <TOTAL-ASSETS> 5,920,017 <CURRENT-LIABILITIES> 1,196,934 <BONDS> 2,571,393 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 4,065,498 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 5,920,017 <SALES> 0 <TOTAL-REVENUES> 1,204,698 <CGS> 0 <TOTAL-COSTS> 500,147 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 114,490 <INCOME-PRETAX> (550,003) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (550,003) <EPS-PRIMARY> (.03) <EPS-DILUTED> (.03)