EXHIBIT 23.2


                         CONSENT OF INDEPENDENT AUDITORS


We consent to the incorporation by reference in the Registration Statements on
Form S-8 (File No. 333-103720) and Form S-3 (File No. 333-101731) of Equitex,
Inc., of our report, dated March 30, 2001, relating to the statements of income,
stockholders' equity and cash flows of Key Financial Systems, Inc. for the year
ended December 31, 2000.


/S/ MCGLADREY & PULLEN, LL

Fort Lauderdale, Florida
April 14, 2003