Cal Bay International (CBYI) S-8 Registration of securities for employees

EXHIBIT 23.2

CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS

We hereby consent to the incorporation by reference into the accompanying Registration Statement on Form S-8 for Cal-Bay International, Inc. of our report dated February 15, 2003, relating to thefinancial statements of Cal-Bay International, Inc. for the years ended December 31, 2002 and 2001.

/s/ Argy & Company

ARGY & COMPANY

Fountain Valley, California

August 29, 2003