<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 48,513 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 48,513 <PP&E> 354 <DEPRECIATION> 0 <TOTAL-ASSETS> 48,867 <CURRENT-LIABILITIES> 4,887,793 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 1,128,370 <COMMON> 143,091 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 48,867 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 46,717 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 12,101 <INCOME-PRETAX> 33,440 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> (2,432,378) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,398,938) <EPS-PRIMARY> (0.17) <EPS-DILUTED> (0.17)