<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-START> JUL-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 134,147 <SECURITIES> 0 <RECEIVABLES> 240,331 <ALLOWANCES> 0 <INVENTORY> 2,146,197 <CURRENT-ASSETS> 2,649,241 <PP&E> 603,751 <DEPRECIATION> 0 <TOTAL-ASSETS> 12,165,090 <CURRENT-LIABILITIES> 8,905,726 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 50,000 <COMMON> 346,244 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 12,165,090 <SALES> 2,330,500 <TOTAL-REVENUES> 2,476,066 <CGS> 798,154 <TOTAL-COSTS> 5,071,576 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 116,059 <INCOME-PRETAX> (2,708,384) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,708,384) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,708,384) <EPS-PRIMARY> (0.13) <EPS-DILUTED> (0.13)