Agreement

Agreement to Jointly File Schedule 13d

Exhibit 10.7
TO JOINTLY FILE SCHEDULE 13D


The undersigned hereby agree to jointly prepare and file with regulatory authorities a Schedule 13D and any future amendments thereto reporting each of the undersigned’s ownership of securities of Equitex, Inc. and hereby affirm that such Schedule 13D is being filed on behalf of each of the undersigned.


Dated: March 24, 2006
   
   
 
by: /s/ James G. Matkin
 
    James G. Matkin
 
    Executive Chairman
   
   
   
 
/s/ Jagdish Gujral
 
Jagdish Gujral
   
   
 
/s/ Dil Gujral
 
Dil Gujral