Exhibit A

FORM OF WARRANT

VOID AFTER 5:00 P.M., EASTERN TIME, ON MARCH         , 2013, OR IF NOT A
BUSINESS DAY, AS DEFINED HEREIN, AT 5:00 P.M., EASTERN TIME ON THE
NEXT BUSINESS DAY.

WARRANT TO PURCHASE 50,000 SHARES OF COMMON STOCK OF
 
THEATER XTREME ENTERTAINMENT GROUP, INC.
 
NO. W-____
   MARCH       , 2008

TRANSFER RESTRICTED - - SEE SECTION 6.02

For good and valuable consideration, the receipt and adequacy of which are
hereby acknowledged by Theater Xtreme Entertainment Group, Inc., a Florida
corporation (the “Company”), and intending to be legally bound hereby, the
Company hereby grants to , and its registered, permitted assigns (collectively,
the “Warrantholder”), subject to the terms and conditions hereof, the right and
option to purchase Fifty Thousand (50,000) fully-paid and nonassessable shares
of the Company’s common stock, par value ($.001) per share (the “Common Stock”).

1.
 
(a)           Definition of Terms.  As used in this Warrant, the following
capitalized terms shall have the following respective meanings:
 
(i)            Business Day:  A day other than a Saturday, Sunday or other day
on which banks in the State of Delaware are authorized by law to remain closed.
 
(ii)           Common Stock Equivalents:  Securities that are convertible into
or exercisable or exchangeable for shares of Common Stock or of which Common
Stock is a part.
 
(iii)          Exercise Price Per Share:  Fifty Cents ($0.50), subject to
adjustment as provided in Article III hereof.
 
(iv)          Securities Act:  The Securities Act of 1933, as amended.
 
(v)           Warrant:  This warrant, and all other warrants that may be issued
in its place or in exchange or satisfaction therefor, including without
limitation, any issued pursuant to Section 2.02(c) hereof.
 
(vi)          Warrant Expiration Date:  5:00 P.M., Eastern time, on March, 2013
or, if such day is not a Business Day, the next day which is a Business Day.
 
 
 

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(vii)         Warrantholder:  The person(s) or entity(ies) to whom this Warrant
is originally issued, or any successor in interest thereto, or any assignee or
transferee thereof, in whose name this Warrant is registered upon the Warrant
Register or other books maintained by the Company for that purpose.
 
2.
 
Duration and Exercise of Warrant

(a)                      Duration of Warrant.  Subject to the terms contained
herein, this Warrant may be exercised from time to time, on or before the
Warrant Expiration Date.  If this Warrant is not exercised in full on or before
the Warrant Expiration Date, it shall become void to the extent not exercised,
and all unexercised rights hereunder shall thereupon cease.
 
(b)                      Exercise of Warrant.  a) The Warrantholder may exercise
this Warrant, in whole or in part by presentation and surrender of this Warrant
to the Company at its corporate office at 250 Corporate Boulevard, Suite E,
Newark, DE 19702, with the Subscription Form annexed hereto duly executed and
accompanied by payment (by certified or official bank check payable to the order
of the Company) of the Exercise Price Per Share for each share to be purchased
pursuant to such Subscription Form.
 
(ii)           Upon the Company's receipt of this Warrant with the Subscription
Form duly executed and accompanied by payment of the Exercise Price Per Share
for each share to be purchased pursuant to such Subscription Form as set forth
in subsection (a) of this Section 2.02, the Company shall promptly cause to be
issued certificates for the total number of whole shares of Common Stock which
constitute the number of shares for which this Warrant is being exercised
(adjusted to reflect the effect of the antidilution provisions contained in
Article III hereof, if any, and as provided in Section 4.04 hereof) in such
denominations as have been requested on the Subscription Form, and the Company
shall thereupon cause such certificates to be delivered to the Warrantholder
promptly.
 
(iii)           In case the Warrantholder shall exercise this Warrant with
respect to fewer than all of the shares which may be purchased under this
Warrant, the Company shall promptly execute a new warrant in the form of this
Warrant for the balance of such shares and promptly deliver such new warrant to
the Warrantholder.
 
(iv)           The Company shall pay any and all documentary, stamp, transfer or
other transactional taxes attributable to the issuance of this Warrant or any
shares issuable upon exercise of this Warrant.  The Company shall not, however,
be required to pay any tax imposed on income or gross receipts of the
Warrantholder or any tax which may be payable by the Warrantholder in respect of
any transfer involved in the issuance or delivery of this Warrant in a name
other than that of the Warrantholder at the time of surrender and, until the
payment of such tax, shall not be required to issue any such securities.
 
 
 
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3.
 
Adjustment of Shares of Common Stock
Purchasable and of Exercise Price

The Exercise Price Per Share and the number and kind of shares of capital stock
issuable upon exercise of this Warrant shall be subject to adjustment from time
to time upon the happening of certain events as provided in this Article III.

(a)                      Adjustments. b) If at any time prior to the exercise of
this Warrant in full, the Company shall (i) pay a dividend or make a
distribution on its shares of Common Stock in either case in shares of Common
Stock or other securities of the Company; (ii) subdivide, reclassify or
recapitalize its outstanding Common Stock into a greater number of shares; (iii)
combine, reclassify or recapitalize its outstanding Common Stock into a smaller
number of shares; or (iv) issue by reclassification of its Common Stock any
shares of capital stock of the Company, then the Exercise Price Per Share in
effect at the time of the record date of such dividend, distribution,
subdivision, combination, reclassification or recapitalization, and the
aggregate number and kind of securities purchasable hereunder shall be equitably
adjusted to the extent (if any) necessary so that the Warrantholder shall be
entitled to receive, upon exercise of this Warrant, the aggregate number and
kind of securities which, if this Warrant had been exercised in full immediately
prior to the time of such dividend, distribution, subdivision, combination,
reclassification, or recapitalization such Warrantholder would have owned upon
such exercise(s) and been entitled to receive upon such dividend, distribution,
subdivision, combination, reclassification or recapitalization in exchange for
the aggregate exercise price which would have been required to be paid by the
Warrantholder.  Any adjustment required by this subsection (a) shall be made
each time an event listed in this subsection (a) shall occur.
 
(ii)            No adjustment in the Exercise Price Per Share shall be required
unless such adjustment would require an increase or decrease of at least five
cents ($.05) in such price; provided, however, that any adjustment which by
reason of this subsection (c) is not required to be made shall be carried
forward and taken into account in any subsequent adjustment.  All calculations
under this Section 3.01 shall be made to the nearest cent or to the nearest
one-hundredth of a share, as the case may be.
 
(iii)           If at any time, as a result of any adjustment made pursuant to
subsection (a) of this Section 3.01, the Warrantholder shall become entitled to
receive any securities of the Company other than Common Stock, thereafter the
number of such securities so receivable upon exercise of any Warrant shall be
subject to adjustment from time to time in a manner and on terms as nearly
equivalent as practicable to the provisions with respect to the Common Stock
contained in this Section 3.01.
 
(iv)           If, as a result of an adjustment made pursuant to this Article
III, the Warrantholder shall become entitled to receive shares of two or more
classes of capital stock or shares of Common Stock and other securities of the
Company (other than as may be contemplated by this Warrant), the Board of
Directors (whose determination shall be conclusive and shall be described in a
written notice to the Warrantholder promptly after such adjustment) shall
determine in good faith the allocation of the adjusted per share price between
or among such shares or classes of capital stock or shares of Common Stock and
of other securities, as the case may be.
 
 
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(b)                      Notice of Adjustment.  Whenever the number of shares
purchasable hereunder or the Exercise Price Per Share is adjusted as herein
provided, the Company shall prepare and deliver to the Warrantholder a
certificate signed by its President or a Vice President and by its Treasurer or
Secretary, setting forth the adjusted number of shares purchasable upon exercise
of this Warrant, and the Exercise Price of such securities after such
adjustment, setting forth a brief statement of the facts requiring such
adjustment and setting forth the computation by which such adjustment was made.
 
(c)                      No Adjustment for Dividends.  No adjustment in respect
of any cash dividends shall be made during the term of this Warrant or upon the
exercise of this Warrant.
 
(d)                      Preservation of Purchase Rights in Certain
Transactions.  In case of any capital reorganization, or any consolidation or
merger to which the Company is a party, or in case of any sale or conveyance to
another entity of all or substantially all of the assets of the Company, or in
the case of any statutory exchange of securities with another entity (including
any exchange effected in connection with a merger of another corporation into
the Company), the Warrantholder shall have the right thereafter to receive on
the exercise of this Warrant the kind and amount of securities, cash or other
property which the Warrantholder would have owned or have been entitled to
receive immediately after such reorganization, consolidation, merger, exchange,
sale or conveyance if this Warrant had been exercised immediately prior to the
effective date of such reorganization, consolidation, merger, exchange, sale or
conveyance and in any such case, if necessary, appropriate adjustment shall be
made in the application of the provisions set forth in this Article III with
respect to the rights and interests thereafter of the Warrantholder to the end
that the provisions set forth in this Article III shall thereafter
correspondingly be made applicable, as nearly as may reasonably be possible, in
relation to any shares of stock or other securities or property thereafter
deliverable on the exercise of this Warrant.  The provisions of this Section
3.04 shall similarly apply to successive reorganizations, consolidations,
mergers, exchanges, sales or conveyances which occur prior to the exercise,
repurchase or expiration of this Warrant.  The issuer of any shares of capital
stock or other securities or property thereafter deliverable on the exercise of
this Warrant shall be jointly and severally liable for all of the agreements and
obligations of the Company hereunder.
 
(e)                      Form of Warrant After Adjustments.  The form of this
Warrant need not be changed because of any adjustments in the Exercise Price Per
Share or the number or kind of shares or other securities purchasable hereunder.
 
4.
 
Other Provisions Relating to
Rights of Warrantholder

(a)                      No Rights as Stockholders; Notice to
Warrantholder.  Nothing contained in this Warrant shall be construed as
conferring on the Warrantholder in its position as such or upon its transferees
the right to vote or to receive dividends or to consent or to receive notice as
a stockholder in respect of any meeting of stockholders for the election of
directors of the Company or of any other matter, or any other rights whatsoever
as stockholders of the Company.
 
 
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(b)                      Lost, Stolen, Mutilated or Destroyed Warrants.  If this
Warrant is lost, stolen, mutilated or destroyed, the Company may, on such terms
as to indemnity or otherwise as it may in its reasonable discretion impose
(which shall, in the case of a mutilated Warrant, include the surrender
thereof), issue a new Warrant of like denomination and tenor as, and in
substitution for, this Warrant.
 
(c)                      No Fractional Shares.  Anything contained herein to the
contrary notwithstanding, the Company shall not be required to issue any
fraction of a share in connection with the exercise of this Warrant, and in any
case where the Warrantholder would, except for the provisions of this Section
4.04, be entitled under the terms of this Warrant to receive a fraction of a
share upon the exercise of this Warrant, the Company shall, upon the exercise of
this Warrant and receipt of the Exercise Price Per Share, issue the smaller
number of whole shares purchasable upon exercise of this Warrant and shall make
an equitable cash adjustment in respect of such fraction of a share to which the
Warrantholder would otherwise be entitled.
 
5.
 
Treatment of Warrantholder

Prior to due presentment for registration or transfer of all or any portion of
this Warrant in compliance with Section 6.02 hereof, the Company may deem and
treat the Warrantholder as the absolute owner of this Warrant (notwithstanding
any notation of ownership or other writing hereon) for all purposes and shall
not be affected by any notice to the contrary.  Upon such due presentment, the
Company shall register the transfer and the assignee on its books and records.

6.
 
Split-Up, Combination.
Exchange and Transfer of Warrants

(a)                      Split-Up, Combination, Exchange and Transfer of
Warrants. Subject to the provisions of Section 6.02 hereof, this Warrant may be
split up, combined or exchanged for another Warrant or Warrants containing the
same terms to purchase a like aggregate number of shares of Common Stock.  If
the Warrantholder desires to split up, combine or exchange this Warrant, it
shall make such request in writing delivered to the Company and shall surrender
to the Company this Warrant and any other Warrant to be so split up, combined or
exchanged.  Upon any such surrender for a split up, combination or exchange, the
Company shall execute and deliver to the person entitled thereto a Warrant or
Warrants, as the case may be, as so requested.  The Company shall not be
required to effect any split up, combination or exchange which will result in
the issuance of a Warrant entitling the Warrantholder to purchase upon exercise
a fraction of a share of Common Stock.  The Company may require such
Warrantholder to pay a sum sufficient to cover any tax or governmental charge
that may be imposed in connection with any split up, combination or exchange of
Warrants.  This Warrant may be transferred by a Holder in whole or in part, at
any time and from time to time, subject to the restrictions set forth in Section
6.02.
 
 
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(b)                      Restrictions on Transfer.  Neither this Warrant nor any
of the shares of Common Stock issuable upon the exercise hereof may be sold,
hypothecated, assigned or transferred (any such action, a "Transfer"), unless
(i) the Company has received from counsel satisfactory to the Company an opinion
reasonably satisfactory to the Company that such Transfer may be made without
compliance with the registration provisions of the Securities Act or any other
applicable securities law and that the proposed Transfer may be made without
violation of the Securities Act or any other applicable securities law, or (ii)
a registration statement filed by the Company covering the securities to be
Transferred is in effect under the Securities Act and all other applicable
securities laws.
 

7.
 
Securities Laws Compliance Procedures

(a)                      Securities Laws Compliance Procedures. Warrantholder
represents and acknowledges that (i) he or she knows, or has had the opportunity
to acquire, all information concerning the business, affairs, financial
condition and prospects of the Company which it deems relevant to making a fully
informed decision regarding the consummation of the transactions contemplated
hereby and (ii) it has been supplied with copies of the Company's latest annual
report on Form 10-K, the Company's latest quarterly report on Form 10-Q, the
Company's latest proxy statement, and the Company's latest annual report to
stockholders.  Without intending any limitation on the generality of the
foregoing, Warrantholder understands and acknowledges that neither the Company
nor anyone acting on its behalf has made any representations or warranties other
than those contained herein respecting the Company or the future conduct of
Company's business and Warrantholder has not relied upon any representations or
warranties other than those contained herein in the belief that they were made
on behalf of the Company.
 
(b)                      Registration. Warrantholder understands and
acknowledges that neither this Warrant nor any of the shares issuable upon
exercise of this Warrant have been registered under the Securities Act or any
state securities law.
 
(c)                      Piggy-Back Registration. If at any time prior to the
date that the Common Shares underlying this Warrant may be sold pursuant to Rule
144(k) promulgated under the Securities Act of 1933 there is not an effective
registration statement filed with the Securities and Exchange Commission
(“Commission”) covering the resale of all of the Common Shares purchased, by
exercise of Warrant rights, by the undersigned pursuant to this Warrant (the
“Registrable Shares”) and the Company shall prepare and file with the Commission
a registration statement relating to an offering for its own account or the
account of others under the Securities Act of 1933 of any of its equity
securities, then the Company shall send to the undersigned a written notice of
such filing and, if within ten (10) days after the date of such notice, the
undersigned shall so request in writing, the Company shall amend such
registration statement to include therein all or any part of the Registrable
Shares the undersigned requests to be registered; provided, however, that the
Company shall only be obligated to offer such registration right to the
undersigned one time.
 
 
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Other Matters
 
(c)                      Expenses of Transfer.  The Company shall from time to
time promptly pay, subject to the provisions of Section 6.01 and subsection (d)
of Section 2.02, all documentary, stamp, transfer or other transactional taxes
that may be imposed upon the Company in respect to the issuance or delivery of
securities issuable upon the exercise of this Warrant.
 
(d)                      Successors and Assigns.  All the covenants, obligations
and provisions of this Warrant by or for the benefit of the Company and the
Warrantholder shall also bind and inure to the benefit of their respective
successors and assigns hereunder.
 
(e)                      Governing Law.  This Warrant shall be governed by and
construed in accordance with the laws of the State of Delaware, without regard
to the law of conflicts.
 
(f)                       Severabilitiy.  In the event that any one or more of
the provisions contained herein, or the application thereof in any
circumstances, is held invalid, illegal or unenforceable, the validity, legality
and enforceability of any such provisions in every other respect and of the
remaining provisions contained herein shall not be affected or impaired thereby.
 
(g)                      Integration/Entire Agreement.  This Warrant is intended
by the parties as a final expression of their agreement and intended to be a
complete and exclusive statement of the agreement and understanding of the
parties hereto in respect of the subject matter contained herein.  This Warrant
supersedes all prior agreements and understandings between the parties with
respect to such subject matter.
 
(h)                      Notices.  Notice or demand pursuant to this Warrant to
be given or made shall be sufficiently given or made if sent by registered or
certified mail, postage prepaid, or by overnight courier, addressed, until
another address is designated in writing by the intended recipient in the manner
set forth in this Section 8.06, as follows:
 

As to Company:
Theater Xtreme Entertainment Group, Inc.
 
250 Corporate Blvd, Suite E
 
Newark, DE  19702
 
Attn: Chief Financial Officer
   
As to Warrantholder:
   
Name
 
Address
 
Address

 
 
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(i)                      Headings.  The headings herein have been inserted for
convenience of reference only and are not part of this Warrant and shall not
affect the interpretation thereof.
 
IN WITNESS WHEREOF, this Warrant has been duly executed by the Company as of the
day and year first above written.

THEATER XTREME ENTERTAINMENT GROUP, INC.

By:
                                      
Name:
Scott R. Oglum
Title:
CEO

 
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ASSIGNMENT

(To be executed only upon assignment of Warrant Certificate)

For value received, _______________ hereby sells, assigns and transfers unto
_____ the within Warrant No. _______, together with all right, title and
interest therein, and does hereby irrevocably constitute and appoint ___________
attorney, to transfer the said Warrant Certificate on the books of
___________________________, Inc. with respect to the number of shares set forth
below, with full power of substitution in the premises:

Name(s)
of Assignee(s)
Address
No.
of Shares
Taxpayer
Identification No.
               

If this Assignment shall not be for the right to purchase all the shares under
the Warrant, a new Warrant shall be issued in the name of the undersigned for
the remaining balance of such shares.

Name: __________________________
Name:____________________________
Address: _________________________
Address: __________________________
               _________________________
                 _________________________
   
Signature_________________________
Signature__________________________

Note: The above signature(s) should correspond exactly with the name on the
first page of this Warrant.  If the Warrant is in more than one name, all
holders must sign.
 

Dated: ___________________, ____

 
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SUBSCRIPTION FORM
(To be executed upon exercise of Warrant)

To:
Theater Xtreme Entertainment Group, Inc.
 
250 Corporate Boulevard Suite, E&F
 
Newark, DE  19702
 
ATTN: CFO

The undersigned hereby irrevocably elects to exercise the right of purchase
represented by the within Warrant No. __________ for, and to purchase
thereunder, __________* shares of Common Stock as provided for therein, and
tenders herewith payment of the purchase price in full in the form of a
certified or official bank check in the amount of $_____________

The undersigned understands that the Shares have not been registered under the
Securities Act of 1933, as amended (the "Act") or under any state securities
law, and the Company is under no obligation to do so.  The undersigned
understands that the Shares may not be resold or otherwise transferred in the
absence of such applicable registrations or exemptions from the registration
requirements.  The undersigned understands that it may have to hold the Shares
for the indefinite future.  The undersigned understands that the Shares are
"restricted securities" within the meaning of Rule 144 promulgated under the Act
and the Company has no obligation to make any information available or to file
any reports to permit sales to be made under such rule.

The undersigned represents and warrants to the Company that it (a) has been
advised and understands that the Shares may not be transferred without
compliance with all applicable Federal and state securities laws; and (b) has
had all material information about the Company's business and financial
condition made available to it prior to exercise of the Warrant, and that it was
afforded the opportunity to ask questions of and receive answers from the
officers and directors of the Company with respect to the Company's business
affairs and prospects.

The undersigned represents and warrants that it is acquiring the Shares for its
own account as principal for investment and not with a view to resale or
distribution, and that it has such knowledge and experience in financial and
business matters as will enable it to evaluate the merits and risks of the
proposed investment in the Shares.
 

The undersigned understands that the Share certificate shall bear a restrictive
legend with respect to the transferability of the Shares.

Please issue a certificate or certificates for such shares of Common Stock in
the name of _____________ with an address of ____________ in the following
denominations:

 
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Number of Certificate(s)
Shares Evidenced by
Each Certificate
 
Total
         
____________
Total
 
____________

Name: _____________________
Name:____________________________
Address: ___________________
Address: __________________________
Taxpayer Identification No.____
Taxpayer Identification No.___________
Signature ___________________
Signature __________________________
          Note:  The above signature(s) should  
correspond exactly with the name
 
on the first page of this Warrant.  If
 
the Warrant is in more than one
 
name, all holders must sign.

 
*If such number of shares shall not be all the shares of Common Stock
purchasable under the within Warrant Certificate, a new Warrant Certificate
shall be issued in the name of the undersigned for the balance remaining of the
shares of Common Stock purchasable thereunder.

Dated: ____________, ____

 
 
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