SHERB & CO., LLP 805 Third Avenue New York, New York 10022 212-838-5100 Fax 212-838-2676 Exhibit 23 CONSENT OF INDEPENDENT AUDITORS We hereby consent to the incorporation by reference in this Registration Statement of Innocap, Inc. and on Form S-8 of our report dated February 26, 2004 (which report expresses an unqualified opinion and includes an explanatory paragraph relating to the Company's new formation with no significant revenues, which raises substantial doubt about its ability to continue as a going concern), appearing in Innocap, Inc.'s report on Form 10-SB for the period ended January 31, 2004. /s/ Sherb & Co., P.C. Sherb & Co., P.C. New York, New York June 18, 2004