Exhibit 10.16

                                   INYX, INC.
                              a Nevada Corporation

                             STOCK PURCHASE WARRANT
                   To Purchase 150,000 Shares of Common Stock
                           Par Value $0.001 per share

                                  June 26, 2003

THIS WARRANT AND THE SHARES OF COMMON STOCK  ISSUABLE UPON EXERCISE  HEREOF HAVE
BEEN ACQUIRED FOR INVESTMENT,  HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT
OF 1933,  AS AMENDED,  AND MAY NOT BE SOLD,  TRANSFERRED  OR ASSIGNED  UNLESS AN
OPINION OF COUNSEL  SATISFACTORY  TO THE COMPANY SHALL HAVE BEEN RECEIVED BY THE
COMPANY TO THE EFFECT  THAT SUCH SALE,  TRANSFER  OR  ASSIGNMENT  WILL NOT BE IN
VIOLATION  OF THE  SECURITIES  ACT OF  1933,  AS  AMENDED,  AND  THE  RULES  AND
REGULATIONS THEREUNDER, OR APPLICABLE STATE SECURITIES LAWS.

     1. Basic Terms. This certifies that, for value received, Gary Geraci of 197
St.  Botolph  Street Apt. #5,  Boston,  Massachusetts,  USA.  (the  "Holder") is
entitled,  subject  to the  terms  and  conditions  of this  Warrant,  until the
expiration  date, to purchase a maximum of 150,000 whole shares of Common Stock,
par value  $0.001  per share  (the  "Common  Stock"),  of Inyx,  Inc.,  a Nevada
corporation  (the  "Company")  from the Company at the following  denominations:
32,500 shares  exercisable @ $1.10,  32,500 shares  exercisable @ $1.60,  32,500
shares exercisable @ $2.10, 32,500 shares exercisable @ $2.60, and 20,000 shares
exercisable @ $3.10 (the "Purchase  Price"),  on delivery of this Warrant to the
Company with Form of Election to Purchase in the form of Exhibit A duly executed
and payment of the Purchase  Price (in cash,  by cashier's  check payable to the
order of the Company,  or in shares of the Company's  Common Stock at their then
Stock Price as defined  below) for each share  purchased.  This Warrant shall be
exercisable  at any time,  in whole or in part,  from the date hereof until 5:00
p.m. Miami Time on September 26, 2006.

     2.  Company's  Covenants  as to Common  Stock.  Shares  deliverable  on the
exercise of this Warrant shall, at delivery,  be fully paid and  non-assessable,
and free from  taxes,  liens and charges  with  respect to their  purchase.  The
Company shall take any necessary steps to assure that the par value per share of
the Common Stock is at all times equal to or less than the then current Purchase
Price per share of the Common  Stock  issuable  pursuant  to this  Warrant.  The
Company  shall at all times  reserve  and hold  available  sufficient  shares of
Common  Stock to satisfy  all  conversion  and  purchase  rights of  outstanding
convertible securities, options and warrants.

     3. Method of Exercise;  Fractional  Shares. The purchase rights represented
by this Warrant are exercisable at the option of the Holder in whole or in part,
from time to time, within the period above specified;  provided,  however,  that
purchase  rights are not  exercisable  with  respect to a fraction of a share of
Common Stock.  In lieu of issuing a fraction of a share remaining after exercise


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of this Warrant as to all full shares covered  hereby,  the Company shall either
(1) pay therefor  cash equal to the same  fraction of the then  current  Warrant
purchase price per share or, at its option, (2) issue scrip for the fraction, in
registered  or bearer form  approved by the Board of  Directors  of the Company,
which  shall  entitle  the Holder to receive a  certificate  for a full share of
Common Stock on surrender of scrip  aggregating  a full share.  Scrip may become
void  after a  reasonable  period  (but  not  less  than six  months  after  the
expiration  date of this  Warrant)  determined  by the  Board of  Directors  and
specified  in the scrip.  In case of the  exercise of this Warrant for less than
all the shares purchasable, the Company shall cancel the Warrant and execute and
deliver a new  Warrant  of like  tenor and date for the  balance  of the  shares
purchasable.  Upon the date of receipt  by the  Company  of an  exercise  of the
Warrant ("Exercise Date"), the Warrant shall be deemed to have been exercised as
to the number of shares so purchased,  and the person so exercising  the Warrant
shall become a holder of record of shares of Common Stock on the Exercise Date.

     4.  Adjustments of Shares and Purchase Price.  The initial number of shares
of Common Stock purchasable upon exercise of this Warrant and the Purchase Price
shall be  subject  to  adjustment  from time to time  after  the date  hereof as
follows:

          A.  Recapitalization  or Reclassification of Common Stock. In case the
     Company  shall at any time prior to the  exercise  or  termination  of this
     Warrant effect a  recapitalization  or  reclassification  of such character
     that its Common  Stock shall be changed into or become  exchangeable  for a
     larger or smaller number of shares,  then, upon the effective date thereof,
     the number of shares of Common Stock that the Holder of this Warrant  shall
     be  entitled  to  purchase  upon  exercise  hereof  shall be  increased  or
     decreased,  as the case may be, in direct  proportion  to the  increase  or
     decrease  in such  number  of  shares  of  Common  Stock by  reason of such
     recapitalization  or  reclassification,  and  the  Purchase  Price  of such
     recapitalized  or  reclassified  Common  Stock  shall,  in the  case  of an
     increase in the number of shares, be proportionately  decreased and, in the
     case of a decrease in the number of shares, be proportionately increased.

          B.  Consolidation,  Merger or Sale.  In case the Company  shall at any
     time  prior to the  exercise  of this  Warrant,  or the  expiration  of the
     Exercise  Period,  whichever  first occurs,  consolidate  or merge with any
     other  corporation  (unless the Company shall be the  surviving  entity) or
     transfer all or  substantially  all of its assets to any other  corporation
     preparatory  to a  dissolution,  then the  Company  shall,  as a  condition
     precedent to such transaction, cause effective provision to be made so that
     the Holder of this Warrant,  upon the exercise  thereof after the effective
     date of such transaction,  shall be entitled to receive the kind and amount
     of shares,  evidences of indebtedness,  and/or other property receivable on
     such  transaction by a holder of the number of shares of Common Stock as to
     which the Warrant was  exercisable  immediately  prior to such  transaction
     (without giving effect to any restriction upon such exercise);  and, in any
     such case,  appropriate  provision shall be made with respect to the rights
     and  interests of the Holder  hereof to the effect that the  provisions  of
     this  Warrant  shall   thereafter  be  applicable  (as  nearly  as  may  be
     practicable)  with  respect to any shares,  evidences of  indebtedness,  or
     other  securities or assets  thereafter  deliverable  upon exercise of this
     Warrant.


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          C. Notice of Adjustment. Whenever the number of shares of Common Stock
     purchasable  upon  exercise of this  Warrant  shall be adjusted as provided
     herein,  the Company shall file with its corporate records a certificate of
     its Chief Financial  Officer setting forth the computation and the adjusted
     number of shares of Common Stock purchasable  hereunder resulting from such
     adjustments,  and a copy of such certificate shall be mailed to the Holder.
     Any such  certificate  or letter  shall be  conclusive  evidence  as to the
     correctness of the adjustment or adjustments  referred to therein and shall
     be  available  for  inspection  by the  holders of the  Warrants on any day
     during normal business hours.

     5.  Limited  Rights of Holder.  This Warrant does not entitle the Holder to
any voting  rights or other rights as a  shareholder  of the Company,  or to any
other rights  whatsoever  except the rights herein  expressed.  No dividends are
payable  or will  accrue on this  Warrant or the  shares  purchasable  hereunder
until, and except to the extent that, this Warrant is exercised.

     6. Exchange for Other Denominations.  This Warrant is exchangeable,  on its
surrender by the registered owner to the Company, for new Warrants of like tenor
and date  representing  in the  aggregate  the right to  purchase  the number of
shares purchasable hereunder in denominations designated by the registered owner
at the time of surrender.

     7. Transfer. Holder acknowledges that this Warrant and the shares of Common
Stock or other  securities into which this Warrant is exercisable  have not been
registered  under the Securities Act of 1933, or any state  securities laws, but
have been and will be issued  pursuant  to  exemptions  therefrom.  Accordingly,
Holder  acknowledges and agrees that this Warrant and the securities acquired by
it upon exercise  hereof may be transferred or assigned to another party only in
accordance with a valid registration statement or an exemption from registration
under the Securities Act and any applicable state securities laws.

         Subject to applicable securities laws, this Warrant and all rights
hereunder are transferable by the Holder hereof in person or by duly authorized
attorney on the books of the Company upon surrender of this Warrant at the
principal offices of the Company, together with the Form of Assignment attached
hereto as Exhibit B duly executed. Absent any such transfer, the Company may
deem and treat the registered Holder of this Warrant at any time as the absolute
owner hereof for all purposes and shall not be affected by any notice to the
contrary.

     8.  Recognition  of  Registered   Owner.   Prior  to  due  presentment  for
registration  of transfer of this Warrant,  the Company may treat the registered
owner as the person  exclusively  entitled to receive  notices and  otherwise to
exercise rights hereunder.

     9.  Notice  and  Effect of  Dissolution,  etc.  In case of a  voluntary  or
involuntary dissolution,  liquidation,  or winding up of the Company (other than
in connection with the consolidation or merger covered by Section 5 above) is at
any time  proposed,  the  Company  shall give at least  thirty  (30) days' prior
written notice to the Holder.  Such notice shall contain:  (1) the date on which
the  transaction is to take place;  (2) the record date (which shall be at least
thirty (30) days after the giving of the  notice) as of which  holders of Common
Shares will be entitled to receive distributions as a result of the transaction;


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(3) a brief  description of the transaction;  (4) a brief description to be made
to the  holders  of Common  Shares as a result  of the  transaction;  and (5) an
estimate of the fair value of the distributions. On the date of the transaction,
it if actually occurs, this Warrant and all rights hereunder shall terminate.

     10. Method of Giving  Notice;  Extent  Required.  Notices shall be given by
first class mail, postage prepaid, addressed to the Holder at the address of the
owner appearing in the records of the Company or to the Company at its principal
office,  or at such other addresses as to which either the Holder or the Company
gives the other written notice as provided herein.

     11. Entire  Agreement.  This Warrant,  including the exhibits and documents
referred to herein which are a part hereof,  contain the entire understanding of
the parties hereto with respect to the subject matter and may be amended only by
a written  instrument  executed by the  parties  hereto or their  successors  or
assigns.  Any paragraph  headings  contained in this Agreement are for reference
purposes only and shall not affect in any way the meaning of  interpretation  of
this Warrant.

     12.  Governing  Law.  This  Warrant is governed by,  interpreted  under and
construed in all respects in accordance with the  substantive  laws of the State
of  Nevada  without  regard  to the  conflicts  of law  provision  thereof,  and
irrespective  of the place of domicile or resident of the party. In the event of
a controversy  arising out of the interpretation,  construction,  performance or
breach of this Warrant, the parties hereby agree and consent to the jurisdiction
and venue of the Courts of the State of Nevada,  or the United  States  District
Court for the  District  of  Nevada,  and  further  agree and  consent  that all
personal service of process in any such action or preceding outside the State of
Nevada shall be tantamount to service in person in Nevada.

                            [Signature Page Follows]



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     Witness  the  seal of the  Company  and the  signatures  of its  authorized
officers.

                                   INYX, INC.



                                                 By:      /s/ Jack Kachkar
                                                          ----------------------
                                                          Jack Kachkar, Chairman



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                                    EXHIBIT A

                          FORM OF ELECTION TO PURCHASE

     (To be Executed by the Holder if He Desires to Exercise Warrants  Evidenced
by the Within Warrant Certificate)

     To INYX, INC.:

     The undersigned hereby irrevocably elects to exercise Warrants evidenced by
the   within   Warrant   Certificate   for,   and   to   purchase    thereunder,
________________________  full Shares of Inyx, Inc.,  Common Stock issuable upon
exercise of said  Warrants and delivery of the $1.10,  $1.60.  $2.10,  $2.60 and
$3.10 for each share purchased respectively in accordance to the table below:

          32,500 shares exercisable @ $1.10 for each share purchased,

          32,500 shares exercisable @ $1.60 for each share purchased ,

          32,500 shares exercisable @ $2.10 for each share purchased ,

          32,500 shares exercisable @ $2.60 for each share purchased , and

          20,000 shares exercisable @ $3.10.

                                          (name of holder)


                                            By:
                                                     ---------------------------
                                            Title:
                                                     ---------------------------


          TAXPAYER IDENTIFICATION NUMBER:
                                            ------------------------------------

     If said number of Warrants  shall not be all the Warrants  evidenced by the
within  Warrant  Certificate,  the  undersigned  requests  that  a  new  Warrant
Certificate  evidencing  the  Warrants not so exercised be issued in the name of
and delivered to


_________________________________________________
         (Please Print Name and Address)

_________________________________________________

_________________________________________________





         Dated:________________, 20__

         Signature:______________________________




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                                    EXHIBIT B

                               FORM OF ASSIGNMENT

     (To be executed by the registered  holder if he desires to assign  warrants
evidenced by the within warrant  certificate.  Any such assignment is subject to
certain restrictions contained in the Warrant Certificate.)

     FOR VALUE RECEIVED  _________________________________________ hereby sells,
assigns  and  transfers  unto  ________________________   Warrants  to  purchase
_________  shares of Common Stock,  par value $0.001 per share,  of Inyx,  Inc.,
evidenced  by the  within  Warrant  Certificate,  and  does  hereby  irrevocably
constitute  and appoint the Secretary of Inyx,  Inc. as its attorney to transfer
the said Warrants  evidenced by the within  Warrant  Certificate on the books of
the Company, with full power of substitution.



         Dated: ____________________, 20__.



                                           _____________________________________