U.S. SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 10-QSB/A-1
(x) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended September 30, 1997
OR
( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Commission File No. 0-27454
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
Exhibit 27
Financial Data Schedule
"This schedule contains summary financial information extracted
from September 30, 1997 10QSB and is qualified in its entirety by
reference to such financial statements."
</LEGEND>
<S> <C>
<PERIOD-START> JUL-01-1997
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> SEP-30-1997
<CASH> 70,799
<SECURITIES> 0
<RECEIVABLES> 2,720
<ALLOWANCES> 0
<INVENTORY> 18,332,066
<CURRENT-ASSETS> 73,519
<PP&E> 46,437
<DEPRECIATION> (553,006)
<TOTAL-ASSETS> 17,899,016
<CURRENT-LIABILITIES> 6,624
<BONDS> 16,300
0
1,212
<COMMON> 46,854
<OTHER-SE> 17,828,026
<TOTAL-LIABILITY-AND-EQUITY> 17,899,016
<SALES> 0
<TOTAL-REVENUES> 5,086
<CGS> 0
<TOTAL-COSTS> 3,766
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 1,320
<INCOME-TAX> 0
<INCOME-CONTINUING> 1,320
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 1,320
<EPS-PRIMARY> 0
<EPS-DILUTED> 0
</TABLE>
