EXHIBIT 16.2

                        Gelfond Hochstadt Pangburn, P.C.
                                 [[Letterhead]]

December 24, 2002

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549

Re: AspenBio Inc.

We have read the statements  that we understand  AspenBio Inc will include under
Item 4 of the Form 8-K  report  it will  file  regarding  the  recent  change of
auditors.  We agree with such  statements  made  regarding  our firm. We have no
basis to agree or disagree with other statements made under Item 4.


/s/ Gelfond Hochstadt Pangburn, P.C.
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Gelfond Hochstadt Pangburn, P.C.

