Exhibit 23.2







               CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS



We consent to the incorporation by reference in this Amendment No. 1 to the
Registration Statement on Form S-3 of our report dated March 30, 2001, except
for Notes 16, 20 and 21, as to which the date is May 15, 2001, which appears on
page F-1 of the Annual Report on Form 10-K/A of Equitex, Inc. for the year ended
December 31, 2000, and to the reference to our Firm under the caption "Experts"
in the Prospectus.


/s/ Gelfond Hochstadt Pangburn, P.C.
GELFOND HOCHSTADT PANGBURN, P.C.

Denver, Colorado
July 19, 2001