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                                                                     EXHIBIT 5.0


                      OPINION AND CONSENT OF LEGAL COUNSEL


DAVID WAGNER & ASSOCIATES, P.C.
Attorneys and Counselors at Law
8400 East Prentice Avenue
Penthouse Suite
Englewood, CO  80111

February 20, 2001

Board of Directors
ColorSpec Technologies, Inc.
3225 East Second Ave.
Denver, Colorado 80206


Ladies and Gentlemen:

We have acted as counsel to ColorSpec Technologies, Inc.. (the "Company") in
connection with the preparation of a Registration Statement on Form SB-2 of
which this opinion is a part, to be filed with the Securities and Exchange
Commission (the "Commission"), for the sale by the Company of up to 1,000,000
shares of the Company's $0.001 par value common stock (the "Common Stock").

In connection with rendering our opinion as set forth below, we have reviewed
and examined originals or copies of such corporate records and other documents
and have satisfied ourselves as to such other matters as we have deemed
necessary to enable us to express our opinion hereinafter set forth.

Based upon the foregoing, it is our opinion that the shares of Common Stock
being registered by the Company will be, upon issuance, validly issued and fully
paid and non-assessable.

We hereby consent to the filing of this opinion as an Exhibit to the
Registration Statement and to the reference to this firm under the caption
"Legal Matters" in the Prospectus included in the Registration Statement.


Very truly yours,

/S/ DAVID WAGNER & ASSOCIATES, P.C.