Document:

<PAGE>   1

                                                                    EXHIBIT 4.11

                                    WARRANT

                            SOLUTIONS AMERICA, INC.

THIS WARRANT HAS NOT BEEN REGISTERED UNDER THE FEDERAL SECURITIES ACT OF 1933,
AS AMENDED, NOR REGISTERED OR QUALIFIED UNDER THE SECURITIES LAW OF ANY STATE;
THIS WARRANT MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED IN CONTRAVENTION
OF APPLICABLE FEDERAL OR STATE LAWS.

42,785 SHARES OF COMMON STOCK (.50% OF THE ISSUED AND OUTSTANDING SHARES OF
COMMON STOCK)                                                       MAY 24, 2000

THIS CERTIFIES THAT, for value received, Matthew C. Fragner ("Warrant Holder"),
or registered assigns, has the right to purchase from Solutions America, Inc.
("Company"), prior to December 31, 2004, up to the number of shares of the
Common Stock of the Company set forth above ("Shares") at a price per share
("Warrant Price") equal to 75% of the average bid price as reported in the Wall
Street Journal over the thirty day period prior to the exercise of the Warrant.

The rights represented by this Warrant may be exercised at any time by
delivering to the President of the Company at the Company's principal executive
office: (1) an Election to Purchase in the form appended hereto as Exhibit "A";
(2) this Warrant; and (3) payment for the Shares. Warrant Holder may exercise
the Warrant in part or in whole from time to time. Notwithstanding the
foregoing, the Company shall not be required to issue any Shares unless the
Company has received satisfactory evidence that the representations of the
Warrant Holder set forth in the Election to Purchase are true and correct at the
time of such exercise, and has determined that the issuance of Shares does not
violate an), applicable securities or other law or regulation.

This Warrant shall not entitle the Warrant Holder to any voting rights,
registration rights, pre-emptive rights or rights as a stockholder of the
Company. Any amendment to this Warrant shall be in writing executed by the
Company and the Warrant Holder. In the event of any stock split, stock dividend,
recapitalization or other reorganization by the Company, or issuance of any
shares of Company stock to other persons, this Warrant shall apply with respect
to the same number of shares of Common Stock of the Company into which the
number of Shares covered by this Warrant would be converted or otherwise
entitled if such shares were outstanding prior to such event, so that Warrant
Holder shall be entitled to purchase the same percentage of the Common Stock of
the Company, and the exercise price per Share outstanding after such event shall
be such that the aggregate purchase price for all of the shares then covered by
this Warrant shall be the same as prior to such event.

If the Company merges with another company and the Company is not the surviving
entity, then the Company agrees to cause (as a precondition of the completion of
the merger) the surviving entity (the "Survivor") to issue Warrant Holder a new
warrant for the number of shares of common stock of the Survivor equivalent to
the number of shares of the Survivor for which the Shares would have been
exchanged at the closing of the merger, provided, however, that, if the
anticipated merger with Avenue Entertainment Group is consummated, such Warrant
shall be issued at the level of the publicly traded company.

In the event the Company undertakes a registration of any shares in the Company,
the Company shall include in such registration the Shares, subject to customary
cutbacks and other customary underwriters' requirements.

<PAGE>   2

This Warrant shall be governed by and construed in accordance with the laws of
the State of California. Any controversy or claim arising under, out of or in
connection with this Warrant, including without limitation claims arising under
Federal and State securities laws and applicable common law, shall be settled by
arbitration conducted in Los Angeles, California, in accordance with the
commercial rules of the American Arbitration Association then in effect.

IN WITNESS WHEREOF, Solutions America, Inc. has caused this Warrant to be signed
by its duly authorized officer as of the date above.

                                        Solutions America, Inc.

                                        By: /s/ GARY HOROWITZ
                                           -------------------------------------
                                           PRESIDENT
<PAGE>   3

                             EXHIBIT "A" to WARRANT

                              ELECTION TO PURCHASE

                             SOLUTIONS AMERICA, INC.

The undersigned ("Warrant Holder") hereby elects to purchase ________________
shares ("Shares") of Common Stock of Solutions America, Inc., a California
corporation (the "Company") pursuant to the Warrant Holder's right to purchase
set forth in that certain Warrant dated May 24, 2000.

Warrant Holder makes the following representations and covenants:

1.  Warrant Holder has had an opportunity to make inquiries to the Company about
    investment in the Shares, and Warrant Holder has no unanswered questions.

2.  Warrant Holder is aware of the Company's business, prospects and financial
    condition, and has acquired sufficient information about the Company to
    reach an informed decision to acquire the Shares.

3.  Warrant Holder is able to evaluate the merits and risks of the investment.

4.  Warrant Holder recognizes that investment in the Shares involves special and
    substantial risks of loss, and may result in the loss of all of Warrant
    Holder's investment.

5.  WARRANT HOLDER IS AN ACCREDITED INVESTOR AS THAT TERM IS USED IN RULE 501 OF
    THE SECURITIES AND EXCHANGE COMMISSION BY REASON OF THE FACT THAT, AS SET
    FORTH IN RULE 501: (1) WARRANT HOLDER'S INDIVIDUAL INCOME IN EACH OF THE TWO
    MOST RECENT YEARS, AND WARRANT HOLDER'S REASONABLY EXPECTED INCOME FOR THE
    CURRENT YEAR, EXCEEDS $200,000; OR (2) WARRANT HOLDER'S JOINT INCOME WITH
    THAT OF WARRANT HOLDER'S SPOUSE IN EACH OF THE TWO MOST RECENT YEARS, AND
    WARRANT HOLDER'S REASONABLY EXPECTED JOINT INCOME WITH THAT OF WARRANT
    HOLDER'S SPOUSE FOR THE CURRENT YEAR, EXCEEDS $300,000; OR (3) WARRANT
    HOLDER'S INDIVIDUAL NET WORTH OR JOINT NET WORTH WITH THAT OF WARRANT
    HOLDER'S SPOUSE CURRENTLY EXCEEDS $1,000,000; OR (4) WARRANT HOLDER
    OTHERWISE MEETS THE DEFINITION OF ACCREDITED INVESTOR AS SET FORTH IN RULE
    501.

6.  Warrant Holder has the basic means to provide for Warrant Holder's current
    needs and personal contingencies, separate from the amount invested in the
    Shares; and has the ability to bear the economic risks of this investment,
    including the complete loss of the investment.

7.  Warrant Holder has no need for liquidity in this investment.

ELECTION TO PURCHASE

                                      A-1
<PAGE>   4

SOLUTIONS AMERICA, INC.
                                                                          Page 2

8.  Warrant Holder is acquiring the Shares for investment for Warrant Holder's
    own account and not with a view to, or for resale in connection with, any
    distribution, and not otherwise with any present intention of selling,
    transferring or otherwise distributing the Shares.

9.  Warrant Holder understands that the Shares have not been registered under
    the Securities Act of 1933 ("1933 Act") by reason of their issuance in a
    transaction exempt from the registration and prospectus delivery
    requirements of the 1933 Act pursuant to Section 4(2) of the 1933 Act.
    Warrant Holder understands that Rule 144 promulgated under the 1933 Act is
    not presently available and may not in the future be available with respect
    to the Shares.

        (a) Warrant Holder understands that the Shares have not been qualified
        or registered under any state securities law ("State Securities Law") by
        reason of applicable exemptions thereunder.

        (b) Warrant Holder understands that the applicability of the exemptions
        under the 1933 Act and State Securities Laws depends upon, among other
        things, the bona fide nature of Warrant Holder's intent to acquire the
        Shares' for investment and not with a view to their resale or
        distribution.

        (c) Warrant Holder understands that Warrant Holder must hold the Shares
        indefinitely, that Warrant Holder may not dispose of the Shares unless
        registered under the 1933 Act and registered or qualified under
        applicable State Securities Laws, or there are exemptions from
        registration and qualification.

        (d) Warrant Holder further understands that Warrant Holder cannot be
        assured that any exemption from the registration or qualification
        requirements will be available if Warrant Holder should desire to sell
        or transfer the Shares, and therefore that Warrant Holder may not be
        able to sell or otherwise transfer the Shares under the circumstances,
        in the amount, or at the time that Warrant Holder may desire.

10. Warrant Holder understands that certificates evidencing the Shares will be
    imprinted with such legend or legends as in the opinion of legal counsel for
    the Company are required by state and federal law, including a legend which
    prohibits the transfer of the Shares unless the Shares are registered or
    such registration is not required, substantially as follows:

        THE SECURITIES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED
        UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD,
        TRANSFERRED, ASSIGNED OR HYPOTHECATED UNLESS (1) THERE IS AN EFFECTIVE
        REGISTRATION STATEMENT UNDER SUCH ACT COVERING SUCH SECURITIES, OR (2)
        THE TRANSFER IS MADE IN COMPLIANCE WITH SECURITIES AND EXCHANGE
        COMMISSION RULE 144, OR (3) THE COMPANY RECEIVES AN OPINION OF COUNSEL
        FOR THE HOLDER OF THE SECURITIES REASONABLY SATISFACTORY TO THE COMPANY,
        STATING THAT SUCH SALE, TRANSFER, ASSIGNMENT OR HYPOTHECATION IS EXEMPT
        FROM THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS OF SUCH ACT.

ELECTION TO PURCHASE

                                      A-2
<PAGE>   5

SOLUTIONS AMERICA, INC.
                                                                          Page 3

11. Warrant Holder acknowledges and agrees that the Company has not granted to
    Warrant Holder any registration rights in respect to the Shares (except as
    expressly provided in the Warrant), nor any pre-emptive or other rights to
    subscribe to additional shares of any class of the Company's stock.

12. Warrant Holder acknowledges that Warrant Holder has been advised to consult
    with Warrant Holder's own legal counsel regarding the execution and delivery
    of this Election to Purchase, that Warrant Holder has received no advice or
    explanation concerning the meaning or effect of this Election to Purchase
    from the Company, its agents or its legal counsel, and that Warrant Holder
    has consulted with Warrant Holder's own legal counsel to the extent that
    Warrant Holder has deemed necessary.

13. This Election to Purchase shall be governed by and construed in accordance
    with the laws of the State of California. Any controversy or claim arising
    under, out of or in connection with this Election to Purchase, including
    without limitation claims arising under the Federal and State securities
    laws and applicable common law, shall be settled by arbitration conducted in
    San Francisco, California, in accordance with the commercial rules of the
    American Arbitration Association then in effect.

Dated:
      -----------------------------        -------------------------------------
                                           Signature of Warrant Holder

-----------------------------------        -------------------------------------
Tax Identification Number                  Printed Name

-----------------------------------        -------------------------------------
Street                                     City           State           ZIP

--------------------------------------------------------------------------------
            (Print exact name in which the Shares should be issued.)

                                      A-3<PAGE>   1

                                                                    EXHIBIT 4.12

                                    WARRANT

                            SOLUTIONS AMERICA, INC.

THIS WARRANT HAS NOT BEEN REGISTERED UNDER THE FEDERAL SECURITIES ACT OF 1933,
AS AMENDED, NOR REGISTERED OR QUALIFIED UNDER THE SECURITIES LAW OF ANY STATE;
THIS WARRANT MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED IN CONTRAVENTION
OF APPLICABLE FEDERAL OR STATE LAWS.

85,570 SHARES OF COMMON STOCK (1% OF THE ISSUED AND OUTSTANDING SHARES OF COMMON
STOCK)                                                              MAY 24, 2000

THIS CERTIFIES THAT, for value received, Matthew C. Fragner ("Warrant Holder"),
or registered assigns, has the right to purchase from Solutions America, Inc.
("Company"), prior to December 31, 2004, up to the number of shares of the
Common Stock of the Company set forth above ("Shares") at a price per share
("Warrant Price") equal to the lesser of (i) 50% of the average bid price as
reported in the Wall Street Journal over the thirty day period prior to the
exercise of the Warrant or (ii) $1.00 per share.

The rights represented by this Warrant may be exercised at any time by
delivering to the President of the Company at the Company's principal executive
office: (1) an Election to Purchase in the form appended hereto as Exhibit "A";
(2) this Warrant; and (3) payment for the Shares. Warrant Holder may exercise
the Warrant in part or in whole from time to time. Notwithstanding the
foregoing, the Company shall not be required to issue any Shares unless the
Company has received satisfactory evidence that the representations of the
Warrant Holder set forth in the Election to Purchase are true and correct at the
time of such exercise, and has determined that the issuance of Shares does not
violate any applicable securities or other law or regulation.

This Warrant shall not entitle the Warrant Holder to any voting rights,
registration rights, pre-emptive rights or rights as a stockholder of the
Company. Any amendment to this Warrant shall be in writing executed by the
Company and the Warrant Holder. In the event of any stock split, stock dividend,
recapitalization or other reorganization by the Company, or issuance of any
shares of Company stock to other persons, this Warrant shall apply with respect
to the same number of shares of Common Stock of the Company into which the
number of Shares covered by this Warrant would be converted or otherwise
entitled if such shares were outstanding prior to such event, so that Warrant
Holder shall be entitled to purchase the same percentage of the Common Stock of
the Company, and the exercise price per Share outstanding after such event shall
be such that the aggregate purchase price for all of the shares then covered by
this Warrant shall be the same as prior to such event.

If the Company merges with another company and the Company is not the surviving
entity, then the Company agrees to cause (as a precondition of the completion of
the merger) the surviving entity (the "Survivor") to issue Warrant Holder a new
warrant for the number of shares of common stock of the Survivor equivalent to
the number of shares of the Survivor for which the Shares would have been
exchanged at the closing of the merger, with the price set forth in (ii) above
adjusted to equal $1 multiplied by the fraction equal to the number of Shares
represented by this Warrant divided by the number of shares of common stock of
the Survivor which would have been exchanged for the Shares at the closing of
the merger, provided, however, that, if the anticipated merger with Avenue
Entertainment Group is consummated, such Warrant shall be issued at the level of
the publicly traded company.

<PAGE>   2

In the event the Company undertakes a registration of any shares in the Company,
the Company shall include in such registration the Shares, subject to customary
cutbacks and other customary underwriters' requirements.

This Warrant shall be governed by and construed in accordance with the laws of
the State of California. Any controversy or claim arising under, out of or in
connection with this Warrant, including without limitation claims arising under
Federal and State securities laws and applicable common law, shall be settled by
arbitration conducted in Los Angeles, California, in accordance with the
commercial rules of the American Arbitration Association then in effect.

IN WITNESS WHEREOF, Solutions America, Inc. has caused this Warrant to be signed
by its duly authorized officer as of the date above.

                                        Solutions America, Inc.

                                        By:  /S/ GARY HOROWITZ
                                           -------------------------------------
                                           PRESIDENT

<PAGE>   3

                             EXHIBIT "A" to WARRANT

                              ELECTION TO PURCHASE

                             SOLUTIONS AMERICA, INC.

The undersigned ("Warrant Holder") hereby elects to purchase ___________________
shares ("Shares") of Common Stock of Solutions America, Inc., a California
corporation (the "Company") pursuant to the Warrant Holder's right to purchase
set forth in that certain Warrant dated May 24, 2000.

Warrant Holder makes the following representations and covenants:

1.     Warrant Holder has had an opportunity to make inquiries to the Company
       about investment in the Shares, and Warrant Holder has no unanswered
       questions.

2.     Warrant Holder is aware of the Company's business, prospects and
       financial condition, and has acquired sufficient information about the
       Company to reach an informed decision to acquire the Shares.

3.     Warrant Holder is able to evaluate the merits and risks of the
       investment.

4.     Warrant Holder recognizes that investment in the Shares involves special
       and substantial risks of loss, and may result in the loss of all of
       Warrant Holder's investment.

5.     WARRANT HOLDER IS AN ACCREDITED INVESTOR AS THAT TERM IS USED IN RULE 501
       OF THE SECURITIES AND EXCHANGE COMMISSION BY REASON OF THE FACT THAT, AS
       SET FORTH IN RULE 501: (1) WARRANT HOLDER'S INDIVIDUAL INCOME IN EACH OF
       THE TWO MOST RECENT YEARS, AND WARRANT HOLDER'S REASONABLY EXPECTED
       INCOME FOR THE CURRENT YEAR, EXCEEDS $200,000; OR (2) WARRANT HOLDER'S
       JOINT INCOME WITH THAT OF WARRANT HOLDER'S SPOUSE IN EACH OF THE TWO MOST
       RECENT YEARS, AND WARRANT HOLDER'S REASONABLY EXPECTED JOINT INCOME WITH
       THAT OF WARRANT HOLDER'S SPOUSE FOR THE CURRENT YEAR, EXCEEDS $300,000;
       OR (3) WARRANT HOLDER'S INDIVIDUAL NET WORTH OR JOINT NET WORTH WITH THAT
       OF WARRANT HOLDER'S SPOUSE CURRENTLY EXCEEDS $1,000,000; OR (4) WARRANT
       HOLDER OTHERWISE MEETS THE DEFINITION OF ACCREDITED INVESTOR AS SET FORTH
       IN RULE 501.

6.     Warrant Holder has the basic means to provide for Warrant Holder's
       current needs and personal contingencies, separate from the amount
       invested in the Shares; and has the ability to bear the economic risks of
       this investment, including the complete loss of the investment.

7.     Warrant Holder has no need for liquidity in this investment.

ELECTION TO PURCHASE

                                      A-1
<PAGE>   4

SOLUTIONS AMERICA, INC.

                                                                          Page 2

8.     Warrant Holder is acquiring the Shares for investment for Warrant
       Holder's own account and not with a view to, or for resale in connection
       with, any distribution, and not otherwise with any present intention of
       selling, transferring or otherwise distributing the Shares.

9.     Warrant Holder understands that the Shares have not been registered under
       the Securities Act of 1933 ("1933 Act") by reason of their issuance in a
       transaction exempt from the registration and prospectus delivery
       requirements of the 1933 Act pursuant to Section 4(2) of the 1933 Act.
       Warrant Holder understands that Rule 144 promulgated under the 1933 Act
       is not presently available and may not in the future be available with
       respect to the Shares.

       (a) Warrant Holder understands that the Shares have not been qualified or
       registered under any state securities law ("State Securities Law") by
       reason of applicable exemptions thereunder.

       (b) Warrant Holder understands that the applicability of the exemptions
       under the 1933 Act and State Securities Laws depends upon, among other
       things, the bona fide nature of Warrant Holder's intent to acquire the
       Shares for investment and not with a view to their resale or
       distribution.

       (c) Warrant Holder understands that Warrant Holder must hold the Shares
       indefinitely, that Warrant Holder may not dispose of the Shares unless
       registered under the 1933 Act and registered or qualified under
       applicable State Securities Laws, or there are exemptions from
       registration and qualification.

       (d) Warrant Holder further understands that Warrant Holder cannot be
       assured that any exemption from the registration or qualification
       requirements will be available if Warrant Holder should desire to sell or
       transfer the Shares, and therefore that Warrant Holder may not be able to
       sell or otherwise transfer the Shares under the circumstances, in the
       amount, or at the time that Warrant Holder may desire.

10.    Warrant Holder understands that certificates evidencing the Shares will
       be imprinted with such legend or legends as in the opinion of legal
       counsel for the Company are required by state and federal law, including
       a legend which prohibits the transfer of the Shares unless the Shares are
       registered or such registration is not required, substantially as
       follows:

       THE SECURITIES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED
       UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD,
       TRANSFERRED, ASSIGNED OR HYPOTHECATED UNLESS (1) THERE IS AN EFFECTIVE
       REGISTRATION STATEMENT UNDER SUCH ACT COVERING SUCH SECURITIES, OR (2)
       THE TRANSFER IS MADE IN COMPLIANCE WITH SECURITIES AND EXCHANGE
       COMMISSION RULE 144, OR (3) THE COMPANY RECEIVES AN OPINION OF COUNSEL
       FOR THE HOLDER OF THE SECURITIES REASONABLY SATISFACTORY TO THE COMPANY,
       STATING THAT SUCH SALE, TRANSFER, ASSIGNMENT OR HYPOTHECATION IS EXEMPT
       FROM THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS OF SUCH ACT.

ELECTION TO PURCHASE

                                      A-2
<PAGE>   5

 SOLUTIONS AMERICA, INC.
                                                                          Page 3

11.    Warrant Holder acknowledges and agrees that the Company has not granted
       to Warrant Holder any registration rights in respect to the Shares
       (except as expressly provided in the Warrant), nor any pre-emptive or
       other rights to subscribe to additional shares of any class of the
       Company's stock.

12.    Warrant Holder acknowledges that Warrant Holder has been advised to
       consult with Warrant Holder's own legal counsel regarding the execution
       and delivery of this Election to Purchase, that Warrant Holder has
       received no advice or explanation concerning the meaning or effect of
       this Election to Purchase from the Company, its agents or its legal
       counsel, and that Warrant Holder has consulted with Warrant Holder's own
       legal counsel to the extent that Warrant holder has deemed necessary.

13.    This Election to Purchase shall be governed by and construed in
       accordance with the laws of the State of California. Any controversy or
       claim arising under, out of or in connection with this Election to
       Purchase, including without limitation claims arising under the Federal
       and State securities laws and applicable common law, shall be settled by
       arbitration conducted in San Francisco, California, in accordance with
       the commercial rules of the American Arbitration Association then in
       effect.

Dated:
      -------------------------------   ----------------------------------------
                                        Signature of Warrant Holder

-------------------------------------   ----------------------------------------
Tax Identification Number               Printed Name

-------------------------------------   ----------------------------------------
Street                                  City                  State          ZIP

--------------------------------------------------------------------------------
            (Print exact name in which the Shares should be issued.)

                                      A-3

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