EXHIBIT 5.1 and 23.2
December 22, 2000
Board of Directors
EQUITY TECHNOLOGIES & RESOURCES, INC.
1050 Chinoe Road, Suite 304
Lexington, KY 40502
Gentlemen:
At your request, we have examined the Registration Statement on Form S-8 to be
filed by you with the Securities and Exchange Commission on or about December 26
2000, in connection with the registration under the Securities Act of 1933, as
amended, of 1,500,000 shares of the Company's Common Stock, par value .001
(exclusive of any securities associated therewith, the "Stock") to be sold by
you pursuant to the Company's Employee/Consultant 2001 Stock Compensation Plan.
(the "Plan").
As your counsel, we have examined the proceedings relating to and action taken
by you in connection with the adoption of the Plan.
It is our opinion that the 1,500,000 shares of the Stock that may be issued and
sold by the Company pursuant to the Plan, when issued and sold in the manner
provided in the Plan, will be validly issued, fully-paid and non-assessable.
We consent to the use of this opinion as an exhibit to the Registration
Statement and further consent to all references to us in the Registration
Statement and any amendments thereto. In providing this consent, we do not
thereby admit that we are within the category of persons whose consent is
required under Section 7 of the Securities Act of 1933, or the rules and
regulations of the Commission thereunder.
Very truly yours,
/s/ Frank G. Dickey, Jr. & Associates
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FRANK G. DICKEY, JR. & ASSOCIATES
