EXHIBIT 99.1

                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
                                   AS ADDED BY
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


In connection with the Quarterly Report of Equitex, Inc. (the "Company") on Form
10-Q for the period ended September 30, 2002 as filed with the Securities and
Exchange Commission on the date hereof (the "Report"), I, Henry Fong, Chief
Executive Officer and Chief Financial Officer of the Company, certify, pursuant
to 18 U.S.C.ss. 1350, as added by ss. 906 of the Sarbanes-Oxley Act of 2002,
that:

      A.   The Report fully complies with the requirements of Section 13(a) or
           15(d) of the Securities Exchange Act of 1934; and

      B.   The information contained in the Report fairly presents, in all
           material respects, the financial condition and results of operations
           of the Company as of and for the period covered by the Report.





                                      By: /s/ Henry Fong
                                      -----------------------------------
                                      Henry Fong
                                      Chief Executive Officer
                                      Chief Financial Officer
                                      November 19, 2002