EXHIBIT 23(II)

                 INDEPENDENT REGISTERED ACCOUNTING FIRM CONSENT

We consent to the use in this Registration Statement of Optionable, Inc. on Form
SB-2 Amendment No. 1 of our report dated September 1, 2004, relating to the
financial statements of Optionable, Inc. as of December 31, 2003 and for the
years ended December 31, 2003 and 2002 appearing in this Prospectus, which is
part of this Registration Statement. We also consent to the reference to us
under the heading "Experts" in such Prospectus.

/s/ Sherb & Co., LLP
New York, NY
February 10, 2005