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                                                                  Exhibit 23.1


                         CONSENT OF INDEPENDENT AUDITORS

         We consent to the incorporation by reference herein of our report dated
August 13, 2003, with respect to the consolidated financial statements of
Equidyne Corporation and Subsidiaries included in its Annual Report on Form
10-KSB/A for the year ended July 31, 2003, filed with the Securities and
Exchange Commission.



/s/ KBA Group LLP
Dallas, Texas
September 8, 2003