SCHUMACHER & ASSOCIATES, INC.
                         Certified Public Accountants
                   12835 E. Arapahoe Road, Tower II, Suite 110
                          Englewood, Colorado  80112
                      (303) 792-2466   FAX (303) 792-2467

                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS

We consent to the incorporation by reference in the Registration Statement of
Versailles Capital Corporation on Form S-8 of our report dated June 22, 1998,
on our audit of the balance sheet of Versailles Capital Corporation as of
March 31, 1998, and the related statement of operations, changes in
stockholders' equity, and cash flows for the two years then ended, which
report is included in the Annual Report on Form 10-KSB for the year ended
March 31, 1998.


/s/ Schumacher & Associates, Inc.

SCHUMACHER & ASSOCIATES, INC.
Englewood, Colorado

February 16, 1999