EXHIBIT 23 Independent Auditors Consent We consent to the incorporation by reference in the Registration Statement on on Form S-8 of Marx Toys and Entertainment Corp. of our report dated May 9, 2003, with respect to the financial statements of Marx Toys and Entertainment Corp., included in the Annual Report on Form 10-KSB of Marx Toys and Entertainment Corp. for the year ended December 31, 2002 filed with the Securities and Exchange Commission. Ehrenkrantz, Sterling & Co. Livingston, New Jersey August 29, 2003