U.S. SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 10-KSB/A-1
(x) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended December 31, 1997
OR
( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Commission File No. 0-27454
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
[TEXT]
<ARTICLE> 5
<LEGEND>
Exhibit 27
Financial Data Schedule
"This schedule contains summary financial information extracted
from December 31, 1997 10KSB and is qualified in its entirety by
reference to such financial statements."
</LEGEND>
<S> <C>
<PERIOD-START> JAN-01-1997
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<CASH> 56,541
<SECURITIES> 0
<RECEIVABLES> 175,226
<ALLOWANCES> 0
<INVENTORY> 14,193,063
<CURRENT-ASSETS> 231,767
<PP&E> 46,437
<DEPRECIATION> (1,016,660)
<TOTAL-ASSETS> 13,454,607
<CURRENT-LIABILITIES> 6,207
<BONDS> 16,300
0
1,212
<COMMON> 47,034
<OTHER-SE> 13,383,854
<TOTAL-LIABILITY-AND-EQUITY> 13,454,607
<SALES> 0
<TOTAL-REVENUES> 287,837
<CGS> 0
<TOTAL-COSTS> 452,147
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (164,310)
<INCOME-TAX> 0
<INCOME-CONTINUING> (164,310)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (164,310)
<EPS-PRIMARY> 0
<EPS-DILUTED> 0
</TABLE>
