
<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
COMPANY'S CONSOLIDATED STATEMENTS OF EARNINGS AND CONSOLIDATED BALANCE SHEETS,
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                          26,630
<SECURITIES>                                         0
<RECEIVABLES>                                   28,810
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                87,688
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              25,068,692
<CURRENT-LIABILITIES>                          414,676
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     6,254,547
<OTHER-SE>                                 (2,914,913)
<TOTAL-LIABILITY-AND-EQUITY>                25,068,692
<SALES>                                              0
<TOTAL-REVENUES>                             1,035,122
<CGS>                                                0
<TOTAL-COSTS>                                1,162,965
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                      0
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          (127,843)
<DISCONTINUED>                             (2,007,092)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (2,134,935)
<EPS-PRIMARY>                                    (.74)
<EPS-DILUTED>                                        0


</TABLE>
