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, 1996
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>
<ARTICLE> 5
<LEGEND>
Exhibit 27
Financial Data Schedule
"This schedule contains summary financial information extracted
from December 31, 1996 10KSB and is qualified in its entirety by
reference to such financial statements."
</LEGEND>
<MULTIPLIER> 1
<CURRENCY> US DOLLARS
<S> <C>
<PERIOD-START> JAN-01-1996
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> DEC-31-1996
<CASH> 196,318
<SECURITIES> 0
<RECEIVABLES> 1,500
<ALLOWANCES> 0
<INVENTORY> 17,848,028
<CURRENT-ASSETS> 197,818
<PP&E> 46,437
<DEPRECIATION> (553,006)
<TOTAL-ASSETS> 17,539,277
<CURRENT-LIABILITIES> 115,235
<BONDS> 16,300
0
1,212
<COMMON> 46,099
<OTHER-SE> 17,360,431
<TOTAL-LIABILITY-AND-EQUITY> 17,539,277
<SALES> 0
<TOTAL-REVENUES> 75,000
<CGS> 0
<TOTAL-COSTS> 318,086
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (243,086)
<INCOME-TAX> 0
<INCOME-CONTINUING> (243,086)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (243,086)
<EPS-PRIMARY> .005
<EPS-DILUTED> .005
</TABLE>
