Document:

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                                                                     Exhibit 4.1

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                              INVESTORS FOCUS, INC.

                                       AND

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                                WARRANT AGREEMENT

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                          DATED AS OF ___________, 2002

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                                TABLE OF CONTENTS

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PARTIES......................................................................................

RECITALS.....................................................................................

         Section 1.  Appointment of Warrant Agent............................................
         Section 2.  Form of Warrant.........................................................
         Section 3.  Countersignature and Registration.......................................
         Section 4.  Transfers and Exchanges.................................................
         Section 5.  Exercise of Warrants....................................................
         Section 6.  Payment of Taxes........................................................
         Section 8.  Reservation of Common Stock.............................................
         Section 9.  Warrant Price...........................................................
         Section 10.  Adjustments............................................................
         Section 11.  Fractional Interest....................................................
         Section 13.  Disposition of Proceeds on Exercise of Warrants.........................
         Section 14.  Merger or Consolidation or Change of Name of Warrant Agent..............
         Section 15.  Reorganization of the Company...........................................
         Section 16.  When Issuance or Payment May Be Deferred................................
         Section 17.  Redemption..............................................................
         Section 18.  Duties of Warrant Agent.................................................
         Section 19.  Change of Warrant Agent.................................................
         Section 20.  Identity of Transfer Agent..............................................
         Section 21.  Notices.................................................................
         Section 22.  No Stockholder Rights...................................................
         Section 23.  Supplements and Amendments..............................................
         Section 24.  Successors..............................................................
         Section 25.  Governing Law...........................................................
         Section 26.  Benefits of This Agreement..............................................
         Section 27.  Counterparts............................................................

EXHIBIT A -       (Form of Common Stock Purchase Warrant, including election to
                  Purchase and Assignment).....................................................

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         WARRANT AGREEMENT dated as of ___________, 2002, between Investors
Focus, Inc., a Florida corporation (hereinafter called the "Company") and
Florida Atlantic Stock Transfer, Inc., as warrant agent (hereinafter called the
"Warrant Agent"); and

         WHEREAS, the Company proposes to issue and sell up to an aggregate of
2,000,000 Class A and Class B Common Stock Purchase Warrants, each Warrant
entitling the registered holder thereof to purchase two shares of Common Stock
(the "Warrants"); and

         WHEREAS, the Company desires the Warrant Agent to act on behalf of the
Company, and the Warrant Agent is willing so to act, in connection with the
issuance, registration, transfer, exchange and exercise of the Warrants.

         NOW, THEREFORE, in consideration of the premises and the mutual
agreements herein set forth, the parties hereto agree as follows:

         Section 1. APPOINTMENT OF WARRANT AGENT.

         The Company hereby appoints the Warrant Agent to act as Agent for the
Company in accordance with the instructions hereinafter set forth in this
Agreement and the Warrant Agent hereby accepts such appointment.

         Section 2. FORM OF WARRANT.

         The certificates evidencing the Warrants (the "Warrant Certificates")
and the form of election to purchase shares to be printed on the reverse thereof
shall be substantially as set forth in Exhibit "A" and A-1 attached hereto. The
per share warrant price and the number of shares issuable upon exercise of the
Warrants are subject to adjustment upon the occurrence of certain events, all as
hereinafter provided. The Warrants shall be executed on behalf of the Company by
the manual or facsimile signature of the present or any future Chairman of the
Board, President or Vice President of the Company, attested by the manual or
facsimile signature of the present or any future Secretary or Assistant
Secretary of the Company.

         Warrants shall be dated as of the date of issuance by the Warrant Agent
either upon initial issuance or upon transfer or exchange.

         Section 3. COUNTERSIGNATURE AND REGISTRATION.

         The Warrant Agent shall maintain books for the transfer and
registration of the Warrants. Upon the initial issuance of the Warrants, the
Warrant Agent shall issue and register the Warrants in the names of the
respective holders thereof. The Warrants shall be countersigned manually or by
facsimile by the Warrant Agent (or by any successor to the Warrant Agent then
acting as warrant agent under this Agreement) and shall not be valid for any
purpose unless so countersigned. Warrants may be so countersigned, however, by
the Warrant Agent (or by its

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successor as warrant agent) and be delivered by the Warrant Agent,
notwithstanding that the persons whose manual or facsimile signatures appear
thereon as proper officers of the Company shall have ceased to be such officers
at the time of such countersignature or delivery, provided such persons were
proper officers of the Company at the time of such original signing. The Warrant
Agent shall deem and treat the registered holder(s) of the Warrant Certificates
as the absolute owner(s) thereof.

         Section 4. TRANSFERS AND EXCHANGES.

         The Warrant Agent shall from time to time register the transfer of any
outstanding Warrant Certificate upon the books to be maintained by the Warrant
Agent for that purpose, upon surrender thereof for transfer properly endorsed or
accompanied by appropriate instructions for transfer in form satisfactory to the
Warrant Agent, duly executed by the registered holder(s) thereof or by the duly
appointed legal representative thereof or by a duly authorized attorney. Upon
any such registration of transfer, a new Warrant Certificate shall be issued to
the transferee(s) and the surrendered Warrant Certificate shall be canceled by
the Warrant Agent. Warrant Certificates so canceled shall be delivered by the
Warrant Agent to the Company from time to time upon request. Warrant
Certificates may be exchanged at the option of the holder thereof, when
surrendered at the office of the Warrant Agent, for another Warrant Certificate,
or other Warrant Certificate of different denominations, of like tenor and
representing in the aggregate the right to purchase a like number of shares of
Common Stock. Warrant Certificates surrendered for exchange shall be canceled by
the Warrant Agent and delivered to the Company from time to time upon request.

         Section 5. EXERCISE OF WARRANTS.

         Subject to the provisions of this Agreement, each registered holder of
Warrants shall have the right, which may be exercised commencing at the opening
of business Florida time on ___________, 200__ and terminating at 5:00 p.m.,
Florida time, on ___________, 200__ (the "Expiration Date"), to purchase from
the Company (and the Company shall issue and sell to such registered holder of
Warrants) the number of fully paid and non-assessable shares of Common Stock
which the holder may at the time be entitled to receive, upon surrender to the
Company at the office of the Warrant Agent of the Warrant Certificates
evidencing such Warrants, with the form of election to purchase on the reverse
thereof duly filled in and executed, and upon payment to the Company of the
Warrant Price, determined in accordance with the provisions of Sections 9 and 10
of this Agreement, for the number of shares in respect of which such Warrants
are then exercised. Payment of such Warrant Price shall be made in cash or by
certified check or bank draft payable, in United States dollars, to the order of
the Company. No adjustment shall be made for any dividends on any shares of
Common Stock issuable upon exercise of any warrant of the Company outstanding on
the date hereof. Subject to Section 6, upon such surrender of the Warrants and
payment of the Warrant Price as aforesaid, the Company shall issue and cause to
be delivered with all reasonable dispatch, upon the written order of the
registered holder of such Warrants, and in such name or names as such registered

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holder may designate, a certificate or certificates for the number of full
shares of Common Stock so purchased upon the exercise of such Warrants. No
fractional shares of Common Stock will be issued. Such certificate or
certificates shall be deemed to have been issued and any person so designated to
be named therein shall be deemed to have become a holder of record of such
shares as of the date of the surrender of such Warrants and payment of the
Warrant Price as aforesaid; provided, however, that if, at the date of surrender
of such Warrants and payment of such Warrant Price, the transfer books for the
shares of Common Stock or other class of stock purchasable upon the exercise of
such Warrants shall be closed, the certificates for the shares in respect to
which such Warrants are then exercised shall be deemed to have been issued as of
the date on which such books shall be opened (whether before, on or after the
Expiration Date) and until such date the Company shall be under no duty to
deliver any certificate for such shares; provided, further, however, that such
transfer books, unless otherwise required by law or by applicable rule of any
national securities exchange, shall not be closed at any one time for a period
longer than 20 days. The rights of purchase represented by the Warrants shall be
exercisable, at the election of the registered holders thereof, either as an
entirety or from time to time for part only of the shares specified therein and,
in the event that any Warrant is exercised in respect of fewer than all of the
shares specified therein at any time prior to the Expiration Date, a new Warrant
Certificate evidencing the remaining Warrant or Warrants will be issued to such
registered holder for the remaining number of shares specified in the Warrant so
surrendered, and the Warrant Agent is hereby irrevocably authorized to
countersign and to deliver the required new Warrants pursuant to the provisions
of this Section and of Section 3 of this Agreement; and the Company, whenever
requested by the Warrant Agent, will supply the Warrant Agent with Warrant
Certificates duly executed on behalf of the Company for such purpose. After the
respective Expiration Dates of the Warrants any such Warrants which have not
been exercised shall be void.

         Section 6. PAYMENT OF TAXES.

         The Company will pay any documentary stamp taxes attributable to the
initial issuance of Common Stock upon the exercise of the Warrants by the
registered holder thereof; provided, however, that the Company shall not be
required to pay any tax or taxes which may be payable in respect to any transfer
of a Warrant or in respect to any transfer involved in the issue or delivery of
any certificates for shares of Common Stock in a name other than that of the
registered holder of Warrants in respect of which such shares are issued, and in
such case neither the Company nor the Warrant Agent shall be required to issue
or deliver any certificate for shares of Common Stock or any Warrant until the
person requesting the same has paid to the Company or Warrant Agent the amount
of such tax or has established to the Company's and to the Warrant Agent's
satisfaction that such tax has been paid.

         Section 7. MUTILATED OR MISSING WARRANTS.

         In case any of the Warrant Certificates shall be mutilated, lost,
stolen or destroyed, the Company may in its discretion issue, and the Warrant
Agent shall then countersign and deliver,

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in exchange and substitution for and upon cancellation of the mutilated Warrant
Certificate, or in lieu of and substitution for the Warrant Certificate lost,
stolen or destroyed, a new Warrant Certificate of like tenor and representing an
equivalent right or interest, but only upon receipt of evidence satisfactory to
the Company and the Warrant Agent of such loss, theft or destruction of such
Warrant Certificate and, in the case of a lost, stolen or destroyed Warrant
Certificate, indemnity, if requested, also satisfactory to them. Applicants for
such substitute Warrant Certificate shall also comply with such other reasonable
regulations and pay such reasonable charges as the Company or the Warrant Agent
may prescribe.

         Section 8. RESERVATION OF COMMON STOCK.

         There has been reserved, and the Company shall at all times keep
reserved, free from preemptive rights, out of the authorized and unissued shares
of Common Stock, or its authorized and issued Common Stock held in its Treasury,
a number of shares sufficient to satisfy any obligation to issue shares of
Common Stock upon the exercise of the Warrants; and the Transfer Agent for the
shares of Common Stock and every subsequent transfer agent for any shares of the
Company's capital stock issuable upon the exercise of any of the rights of
purchase aforesaid are hereby irrevocably authorized and directed at all times
to reserve such number of authorized and unissued shares as shall be requisite
for such purpose. The Company agrees that all shares of Common Stock issued upon
exercise of the Warrants shall be, at the time of delivery of the certificates
for such shares of Common Stock, duly authorized, validly issued and
outstanding, fully paid and non-assessable and listed on any securities exchange
upon which the other shares of Common Stock are then listed. So long as any
unexpired Warrants remain outstanding, the Company will file such post-effective
amendments to the Registration Statement (File No. ___________) filed pursuant
to the Securities Act of 1933 with respect to the Warrants (or such other
registration statements or post-effective amendments or supplements) as may be
necessary to permit it to deliver to each person exercising a Warrant, a
Prospectus meeting the requirements of such Act and otherwise complying
therewith, and will deliver such a Prospectus to each such person. The Company
will keep a copy of this Agreement on file with the Transfer Agent for the
shares of Common Stock and with every subsequent transfer agent for any shares
of the Company's capital stock issuable upon the exercise of the rights of
purchase represented by the Warrants. The Warrant Agent is hereby irrevocably
authorized to requisition from time to time from such Transfer Agent stock
certificates required to honor outstanding Warrants. The Company will supply
such Transfer Agent with duly executed stock certificates for such purpose. All
Warrants surrendered in the exercise of the rights thereby evidenced shall be
canceled by the Warrant Agent and shall thereafter be delivered to the Company,
and such canceled Warrants shall constitute sufficient evidence of the number of
shares of Common Stock which have been issued upon the exercise of such
Warrants. Promptly after the Expiration Date, the Warrant Agent shall certify to
the Company as to the total aggregate amount of Warrants then outstanding, and
thereafter no shares of Common Stock shall be subject to reservation in respect
of such Warrants which shall have expired.

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         Section 9. WARRANT PRICE.

         The Warrant Price at which Common Stock shall be purchasable pursuant
to the Warrants shall be $1.50 per Warrant for the Class A Warrants and $2.00
per Warrant for the Class B Warrants. The Warrant Price is subject to
adjustment, as provided in Section 10 hereof.

         Section 10. ADJUSTMENTS.

         Any and all of the shares of the Common Stock of the Company which may
be acquired by a Warrant holder or his registered assigns as a result of the
exercise, in whole or in part, of this Warrant, shall be subject to the
antidilution adjustments set forth below. It is expressly understood that the
Warrant Price set forth below (before giving effect to any adjustments) shall
mean $1.50 per Warrant for the Class A Warrants and $2.00 per Warrant for the
Class B Warrants.

         (a) In case the Company shall (i) declare a dividend on its Common
Stock in shares of its capital stock, (ii) subdivide its outstanding Common
Stock into a greater number of shares, (iii) combine its outstanding Common
Stock into a smaller number of shares, or (iv) issue any shares by
reclassification of its Common Stock (including any such reclassification in
connection with a consolidation or merger in which the Company is the continuing
corporation), the Warrant Price in effect at the time of the record date for
such dividend or of the effective date of such subdivision, combination or
reclassification shall be proportionately adjusted so that the warrantholder
shall be entitled to receive the kind and aggregate number of shares of Common
Stock which it would have owned or would have been entitled to receive after the
happening of any of the events described above on any record date with respect
thereto, if this Warrant had been exercised immediately prior to such time such
dividend, subdivision, combination or reclassification occurred. Such adjustment
shall be made successively whenever any event listed above shall occur. If after
an adjustment a holder of a Warrant upon exercise of it may receive shares of
two or more classes of capital stock of the Company, the Company shall determine
the allocation of the adjusted Warrant Price between the classes of capital
stock. After such allocation, the exercise privilege and the Warrant Price of
each class of capital stock shall thereafter be subject to adjustment on terms
comparable to those applicable to Common Stock in this Section. [VERIFY ONLY
ANTI-DILUTION]

         (b) Whenever the Warrant Price payable upon exercise of this Warrant is
adjusted pursuant to paragraphs (a) or (b), above, the number of shares of
Common Stock purchasable upon exercise of this Warrant shall simultaneously be
adjusted by multiplying the number of shares of Common Stock initially issuable
upon exercise of this Warrant by the Warrant Price in effect on the date
immediately preceding such event and dividing the product so obtained by the
Warrant Price, as adjusted.

         (c) No adjustment in the Warrant Price shall be required unless such
adjustment would require an increase or decrease of at least 1% in such price,
provided, however, that any adjustments which by reason of this paragraph (c)
are not required to be made shall be carried forward and taken into account in
any subsequent adjustment. All calculations under this

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Section 10 shall be made to the nearest cent or to the nearest one-tenth of a
share, as the case may be. Anything in this Section 10 to the contrary
notwithstanding, the Company shall be entitled, but shall not be required, to
make such changes in the Warrant Price, in addition to those required by this
Section 10, as it, in its discretion, shall determine to be advisable in order
that any share, dividend, subdivision of Common Stock, distribution of rights or
warrants to purchase Common Stock or distribution of evidences of indebtedness
or other assets (other than distributions of cash) hereafter made by the Company
to the holders of its Common Stock shall not result in any tax to the holders of
its Common Stock or securities convertible into Common Stock.

         (d) Whenever the Warrant Price is adjusted, as herein provided, the
Company will promptly prepare a certificate signed by the President of the
Company setting forth (i) the Warrant Price as so adjusted, (ii) the number of
shares of Common Stock or other securities purchasable upon exercise of the
Warrant after such adjustment, and (iii) a brief statement of the facts
accounting for such adjustment. The Company will promptly file such certificate
with its Warrant Agent, if any has been appointed, and cause a brief summary
thereof to be sent by ordinary first class mail to the warrantholder, at his
last address as it shall appear in the Warrant Register. The affidavit of an
officer of the Warrant Agent or the Secretary or an Assistant Secretary of the
Company that such notice has been mailed shall, in the absence of fraud, be
prima facie evidence of the facts stated therein. The Company may retain a firm
of independent public accountants of recognized standing selected by the Board
of Directors (who may be the regular accountants employed by the Company) to
make any computation required by this Section 10, and a certificate signed by
such firm shall be conclusive evidence of the correctness of such adjustment.

         (e) No adjustment need be made for a transaction referred to in
subsections (a) or (b) of this Section 10 if warrantholders are to participate
in the transaction on a basis and with notice that the Board of Directors
determines to be fair and appropriate in light of the basis and notice on which
holders of Common Stock participate in the transaction. No adjustment need be
made for rights to purchase Common Stock pursuant to a Company plan for
reinvestment of dividends or interest. No adjustment need be made for a change
in the par value or no par value of the Common Stock. To the extent the Warrants
become convertible into cash, no adjustment need be made thereafter as to the
cash. Interest will not accrue on the cash.

         (f) The form of Warrants need not be changed because of any change
pursuant to this Section, and Warrants issued after such change may state the
same Warrant Price and the same number of shares as is stated in such Warrants
initially issued pursuant to this agreement. However, the Company may at any
time in its sole discretion (which shall be conclusive) make any change in the
form of Warrants that the Company may deem appropriate and that does not affect
the substance thereof; and any Warrant thereafter issued or countersigned,
whether in exchange or substitution for an outstanding Warrant or otherwise, may
be in the form as so changed.

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         Section 11. FRACTIONAL INTEREST.

         The Company shall not be required to issue fractions of shares of
Common Stock on the exercise of the Warrants. If more than one Warrant shall be
surrendered for exercise at one time by the same holder, the number of full
shares which shall be issuable upon exercise thereof shall be computed on the
basis of the aggregate number of shares of Common Stock purchasable on exercise
Warrants so presented. If any fraction of a share would, except for the
provisions of this Section 11, be issuable upon exercise of a Warrant, the
Company shall pay an amount in cash equal to the Warrant Price on the day
immediately preceding the date the Warrant is presented for exercise, multiplied
by such fraction.

         Section 12. NOTICES TO WARRANTHOLDERS.

         (a) Upon any adjustment of the Warrant Price and the number of shares
issuable on exercise of a Warrant, then and in each such case the Company shall
give written notice thereof to the Warrant Agent, which notice shall state the
Warrant Price resulting from such adjustment and the increase or decrease, if
any, in the number of shares purchasable at such price upon the exercise of a
Warrant, setting forth in reasonable detail the method of calculation and the
facts upon which such calculation is based. The Company shall also publish such
notice once in an Authorized Newspaper. For the purposes of this Agreement, an
"Authorized Newspaper" shall mean a newspaper customarily published on each
business day, in one or more morning editions or one or more evening editions,
or both (and whether or not it shall be published in Saturday and Sunday
editions or on holidays), printed in the English language and of general
circulation in the City of New York State of New York. Failure to give or
publish such notice, or any defect therein, shall not affect the legality of
validity of the subject adjustments.

         (b) In case at any time:

                  (1) the Company shall pay any dividends payable in stock upon
its Common Stock or make any distribution (other than regular cash dividends) to
the holders of its Common Stock;

                  (2) the Company shall offer for subscription pro rata to the
holders of its Common Stock any additional shares of stock of any class or other
rights;

                  (3) there shall be any capital reorganization or
reclassification (other than a reclassification involving merely the subdivision
or combination of outstanding Common Stock) or merger or consolidation of the
Company with, or sale of all or substantially all of its assets to, another
corporation; or

                  (4) there shall be a voluntary or involuntary dissolution,
liquidation, or winding up of the Company;

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then, in any one or more of such cases, the Company shall give written notice
and publish the same in the manner set forth in this Section 12 hereinabove.
Such notice shall also specify the date as of which the holders of Common Stock
or record shall participate in such dividend, distribution, or subscription
rights, or shall be entitled to exchange their Common Stock for securities or
other property deliverable upon such reorganization, reclassification,
consolidation, merger, sale, dissolution, liquidation, or winding up, as the
case may be. Such notice shall be given and published at least twenty (20) days
prior to the action in question and not less than twenty (20) days prior to the
record date or the date on which the Company's transfer books are closed in
respect thereof. Failure to give or publish such notice, or any defect therein,
shall not affect the legality or validity of any of the matters set forth in
this section 12 inclusive.

         (c) The Company shall cause copies of all financial statements and
reports, proxy statements and other documents as it shall send to its
stockholders to be sent by first-class mail of the United States Postal Service,
postage prepaid, on the date of mailing to such stockholders, to each registered
holder of Warrants at his address appearing on the Warrant register as of the
record date for the determination of the stockholders entitled to such
documents.

         Section 13. DISPOSITION OF PROCEEDS ON EXERCISE OF WARRANTS.

         (a) The Warrant Agent shall promptly forward to the Company all monies
received by the Warrant Agent for the purchase of shares of Common Stock through
the exercise of Warrants.

         (b) The Warrant Agent shall keep copies of this Agreement available for
inspection by holders of Warrants during normal business hours.

         Section 14. MERGER OR CONSOLIDATION OR CHANGE OF NAME OF WARRANT AGENT.

         (a) Any corporation or company which may succeed to the business of the
Warrant Agent by any merger or consolidation or otherwise to which the Warrant
Agent shall be a party, or any corporation or company succeeding to the
corporate trust business of the Warrant Agent, shall be the successor to the
Warrant Agent hereunder without the execution or filing of any paper or any
further act on the part of any of the parties hereto, provided that such
corporation would be eligible for appointment as a successor Warrant Agent under
the provisions of Section 18 of this Agreement. In case at the time such
successor to the Warrant Agent shall succeed to the agency created by this
Agreement, any of the Warrants shall have been countersigned but not delivered,
any such successor to the Warrant Agent may adopt the countersignature of the
original Warrant Agent and deliver such Warrants so countersigned; and in case
at that time any of the Warrants shall not have been countersigned, any
successor to the Warrant Agent shall countersign such Warrants in its own name;
and in all such cases such Warrants shall have the full force provided in the
Warrants and in this Agreement.

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         (b) In case at any time the name of the Warrant Agent shall be changed
and at such time any of the Warrants shall have been countersigned but not
delivered, the Warrant Agent may adopt the countersignature under its prior name
and deliver Warrants so countersigned; and in case at that time any of the
Warrants shall have been countersigned, the Warrant Agent may countersign such
Warrants either in its prior name or in its changed name; and in all such cases
such Warrants shall have the full force provided in the Warrants and in this
Agreement.

         Section 15. REORGANIZATION OF THE COMPANY.

         If the Company consolidates or merges with or into, or transfers or
leases all or substantially all its assets to, any person, upon consummation of
such transaction the Warrants shall automatically become exercisable for the
kind and amount of securities, cash or other assets which the holder of a
Warrant would have owned immediately after the consolidation, merger, transfer
or lease if the holder had exercised the Warrant immediately before the
effective date of the transaction. Concurrently with the consummation of such
transaction, the corporation formed by or surviving any such consolidation or
merger if other than the Company, or the person to which such sale or conveyance
shall have been made, shall enter into a supplemental Warrant Agreement so
providing and further providing for adjustments which shall be as nearly
equivalent as may be practical to the adjustments provided for in Section 10
hereof. The successor Company shall mail to Warrant holders a notice describing
the supplemental Warrant Agreement or the primary exchange on which the Common
Stock is traded. If the issuer of securities deliverable upon exercise of
Warrants under the supplemental Warrant Agreement is an affiliate of the formed,
surviving, transferee or lessee corporation, that issuer shall join in the
supplemental Warrant Agreement. If this subsection 15 applies, subsections (a)
and (b) of Section 10 do not apply.

         Section 16. WHEN ISSUANCE OR PAYMENT MAY BE DEFERRED.

         In any case in which Section 10 hereof shall require that an adjustment
in the Warrant Price be made effective as of a record date for a specified
event, the Company may elect to defer until the occurrence of such event (i)
issuing to the holder of any Warrant exercised after such record date the shares
of Common Stock or other capital stock of the Company, if any, issuable upon
such exercise on the basis of the Warrant Price and (ii) paying to such holder
any amount in cash in lieu of a fractional share pursuant to section 12;
PROVIDED, HOWEVER, that the Company shall deliver to such holder a due bill or
other appropriate instrument evidencing such holder's right to receive such
additional shares of Common Stock, other capital stock and cash upon the
occurrence of the event requiring such adjustment.

         Section 17. DUTIES OF WARRANT AGENT.

         The Warrant Agent undertakes the duties and obligations imposed by this
Agreement upon the following terms and conditions, by all of which the Company
and the holders of Warrants, by their acceptance thereof, shall be bound:

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         (a) The statements of fact and recitals contained herein and in the
Warrants shall be taken as statements of the Company; and the Warrant Agent
assumes no responsibility for the correctness of any of the same except such as
describe the Warrant Agent and assumes no responsibility with respect to the
distribution of the Warrants except as herein expressly provided.

         (b) The Warrant Agent shall not be responsible for any failure of the
Company to comply with any of the covenants contained in this Agreement or in
the Warrants to be complied with by the Company.

         (c) The Warrant Agent may consult at any time with counsel satisfactory
to it (who may be counsel for the Company) and the Warrant Agent shall incur no
liability or responsibility to the Company or to any holder of any Warrant in
respect of any action taken, suffered or omitted by it hereunder in good faith
and in accordance with the opinion or the advice of such counsel.

         (d) The Warrant Agent shall incur no liability or responsibility to the
Company or to any holder of any Warrant for any action taken in reliance on any
notice, resolution, waiver, consent, order, certificate, or other paper,
document or instrument believed by it to be genuine and to have been signed,
sent or presented by the proper party or parties.

         (e) The Company agrees to pay to the Warrant Agent reasonable
compensation for all services rendered by the Warrant Agent in the execution of
this Agreement, to reimburse the Warrant Agent for all expenses, taxes and
governmental charges and other charges of any kind and nature incurred by the
Warrant Agent in the execution of this Agreement and to indemnify the Warrant
Agent and save it harmless against any and all liabilities, including judgments,
costs and reasonable counsel fees, for anything done or omitted by the Warrant
Agent in the execution of this Agreement except as a result of the Warrant
Agent's negligence, willful misconduct or bad faith.

         (f) The Warrant Agent shall be under no obligation to institute any
action, suit or legal proceeding or to take any other action likely to involve
expenses unless the Company or one or more registered holders of Warrants shall
furnish the Warrant Agent with reasonable security and indemnity for any costs
and expenses which may be incurred, but this provision shall not affect the
power of the Warrant Agent to take such action as the Warrant Agent may consider
proper, whether with or without any such security or indemnity. All rights of
action under this Agreement or under any of the Warrants may be enforced by the
Warrant Agent without the possession of any of the Warrants or the production
thereof at any trial or other proceeding relative thereto, and any such action,
suit or proceeding instituted by the Warrant Agent shall be brought in its name
as Warrant Agent, and any recovery of judgment shall be for the ratable benefit
of the registered holders of the Warrants, as their respective rights or
interests may appear.

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         (g) The Warrant Agent and any stockholder, director, officer, partner
or employee of the Warrant Agent may buy, sell or deal in the Warrants or other
securities of the Company or become pecuniarily interested in any transaction in
which the Company may be interested, or contract with or lend money to or
otherwise act as fully and freely as though it were not the Warrant Agent under
this Agreement. Nothing herein shall preclude the Warrant Agent from acting in
any other capacity for the Company or for any other legal entity.

         (h) The Warrant Agent shall act hereunder solely as agent and not in a
ministerial capacity, and its duties shall be determined solely by the
provisions hereof. The Warrant Agent shall not be liable for anything which it
may do or refrain from doing in connection with this Agreement except for its
own negligence, willful misconduct or bad faith.

         (i) The Warrant Agent may execute and exercise any of the rights or
powers hereby vested in it or perform any duty hereunder either itself or by or
through its attorneys or agents, and the Warrant Agent shall not be answerable
or accountable for any act, default, neglect or misconduct of any such attorneys
or agents or for any loss to the Company resulting from such neglect or
misconduct, provided reasonable care had been exercised in the selection and
continued employment thereof.

         (j) Any request, direction, election, order or demand of the Company
shall be sufficiently evidenced by an instrument signed in the name of the
Company by its President or Vice President or its Secretary or an Assistant
Secretary or its Treasurer or an Assistant Treasurer (unless other evidence in
respect thereof be herein specifically prescribed); and any resolution of the
Board of Directors may be evidenced to the Warrant Agent by a copy thereof
certified by the Secretary or an Assistant Secretary of the Company.

         Section 18. CHANGE OF WARRANT AGENT.

         The Warrant Agent may resign and be discharged from its duties under
this Agreement by giving to the Company notice in writing, and to the holders of
the Warrants notice by mailing such notice to the holders at their addresses
appearing on the Warrant register, of such resignation, specifying a date when
such resignation shall take effect. The Warrant Agent may be removed by like
notice to the Warrant Agent from the Company and by like mailing of notice to
the holders of Warrants. If the Warrant Agent shall resign or be removed or
shall otherwise become incapable of acting, the Company shall appoint a
successor to the Warrant Agent. If the Company shall fail to make such
appointment within a period of 30 days after such removal or after it has been
notified in writing of such resignation or incapacity by the resigning or
incapacitated Warrant Agent or by the registered holder of a Warrant (who shall,
with such notice, submit his Warrant for inspection by the Company), then the
registered holder of any Warrant may apply to any court of competent
jurisdiction for the appointment of a successor to the Warrant Agent. Any
successor warrant agent, whether appointed by the Company or by such a court,
shall be a bank or trust company, in good standing, incorporated under the laws
of any state in the United States of America. After appointment, the successor
warrant agent shall be

                                       11
<PAGE>

vested with the same powers, rights, duties and responsibilities as if it had
been originally named as Warrant Agent without further act or deed; but the
former Warrant Agent shall deliver and transfer to the successor warrant agent
all cancelled Warrants, records and property at the time held by it hereunder,
and execute and deliver any further assurance, conveyance, act or deed necessary
for the purpose. Failure to file or mail any notice provided for in this
Section, however, or any defect therein, shall not affect the legality or
validity of the resignation or removal of the Warrant Agent or the appointment
of the successor warrant agent, as the case may be.

         Section 19. IDENTITY OF TRANSFER AGENT.

         Forthwith upon the appointment of any Transfer Agent for the shares of
Common Stock or of any subsequent transfer agent for shares of Common Stock or
other shares of the Company's capital stock issuable upon the exercise of the
rights of purchase represented by the Warrants, the Company shall file with the
Warrant Agent a statement setting forth the name and address of such Transfer
Agent.

         Section 20. NOTICES.

         Any notice pursuant to this Agreement to be given or made by the
Warrant Agent or by the registered holder of any Warrant to or on the Company
shall be sufficiently given or made if sent by prepaid, addressed (until another
address is filed in writing by the Company with the Warrant Agent) as follows:

                  Investors Focus, Inc.
                  1000 Lincoln Road, Suite 214
                  Miami Beach, Florida 33139

         Any notice pursuant to this Agreement to be given or made by the
Company or by the registered holder of any Warrant to or on the Warrant Agent
shall be sufficiently given or made if sent by first-class mail of the United
States Postal Service, postage prepaid, addressed (until another address is
filed in writing by the Warrant Agent with the Company) as follows:

                  Florida Atlantic Stock Transfer, Inc.
                  7130 Nob Hill Road
                  Tamarac, Florida 33321

         Section 21. NO STOCKHOLDER RIGHTS.

         Nothing contained in this Agreement or in any of the Warrant
Certificates shall be construed as conferring upon the holders thereof the right
to vote or to consent or to receive notice as stockholders in respect of the
meetings of stockholders or the election of Directors of the Company or any
other matter, or any rights whatsoever as stockholders of the Company.

                                       12
<PAGE>

         Section 22. SUPPLEMENTS AND AMENDMENTS.

         The Company and the Warrant Agent may from time to time supplement or
amend this Agreement in order to cure any ambiguity or to correct or supplement
any provision contained herein which may be defective or inconsistent with any
other provision herein, or to make any other provision in regard to matters or
questions arising hereunder which the Company and the Warrant Agent may deem
necessary or desirable and which shall not be inconsistent with the provisions
of the Warrants and which shall not adversely affect the interest of the holders
of Warrants.

         Section 23. SUCCESSORS.

         All the covenants and provisions of this Agreement by or for the
benefit of the Company or the Warrant Agent shall bind and inure to the benefit
of their respective successors and assigns hereunder.

         Section 24. GOVERNING LAW.

         This Agreement and each Warrant issued hereunder shall be deemed to be
a contract made under the laws of the State of Florida and for all purposes
shall be construed in accordance with the internal laws of said State applicable
to agreements and instruments made and to be performed entirely in such state
without giving effect to the conflicts of law principles thereof.

         Section 25. BENEFITS OF THIS AGREEMENT.

         Nothing in this Agreement shall be construed to give to any person or
corporation other than the Company, the Warrant Agent and the registered holders
of the Warrants any legal or equitable right, remedy or claim under this
Agreement; but this Agreement shall be for the sole and exclusive benefit of the
Company, the Warrant Agent and the registered holders of the Warrants.

         Section 26. COUNTERPARTS.

         This Agreement may be executed in any number of counterparts and each
of such counterparts shall for all purposes be deemed to be an original, and all
such counterparts shall together constitute but one and the same instrument.

         IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed, as of the day and year first above written.

                                       INVESTORS FOCUS, INC.

                                       By:
                                           -------------------------------------

                                       -----------------------------------------

                                       By:
                                           -------------------------------------

                                       13
<PAGE>

           [Form of Class A Common Stock Purchase Warrant Certificate]

                                     [Face]

No.                                                              _____ Warrants

                               Warrant Certificate

                              INVESTORS FOCUS, INC.

         This Warrant Certificate certifies that ______________, or registered
assigns, is the registered holder of Warrants expiring ___________, 2003 (the
"Warrants") to purchase Common Stock, $.0001 par value per share (the "Common
Stock"), of Investors Focus, Inc., a Florida corporation (the "Company"). Each
Warrant entitles the holder upon exercise to receive from the Company on or
before 5:00 p.m. Florida Time on ___________, 2003, two fully paid and
nonassessable shares of Common Stock (a "Warrant Share") at the initial exercise
price (the "Warrant Price") of $1.50 payable in lawful money of the United
States of America upon surrender to the Company at the office of the Warrant
Agent of this Warrant Certificate and payment to the Company of the Warrant
Price at the office of the Warrant Agent, but only subject to the conditions set
forth herein and in the Warrant Agreement referred to on the reverse hereof.

         The Warrant Price and number of Warrant Shares issuable upon exercise
of the Warrants are subject to adjustment upon the occurrence of certain events
set forth in the Warrant Agreement.

         The Warrant may be exercised commencing at the opening of business,
Florida Time on [ _________ ] and terminating at 5:00 p.m., Florida Time on
_________, 2003, and to the extent not exercised by such time such Warrants
shall become void.

         Reference is hereby made to the further provisions of this Warrant
Certificate set forth on the reverse hereof and such further provisions shall
for all purposes have the same effect as though fully set forth at this place.

         This Warrant Certificate shall not be valid unless countersigned by the
Company, as such term is used in the Warrant Agreement.

                                      A-1
<PAGE>
         IN WITNESS WHEREOF, Investors Focus, Inc. has caused this Warrant
Certificate to be signed by its President and by its Secretary, each by a
facsimile of his signature, and has caused a facsimile of its corporate seal to
be affixed hereunto or imprinted hereon.

Dated:

                                       INVESTORS FOCUS, INC.

                                       By
                                          --------------------------------------
                                                    President

                                       By
                                          --------------------------------------
                                                    Secretary

                                      A-2
<PAGE>
     [Form of Class A Redeemable Common Stock Purchase Warrant Certificate]

                                    [Reverse]

         The Warrants evidenced by this Warrant Certificate are part of a duly
authorized issue of Warrants expiring __________, 200__, entitling the holder on
exercise to receive shares of Common Stock, $.0001 par value per share, of the
Company (the "Common Stock"), and are issued or to be issued pursuant to a
Warrant Agreement dated as of __________, 2002 (the "Warrant Agreement"), duly
executed and delivered by the Company and ___________________ (the "Warrant
Agent"), which Warrant Agreement is hereby incorporated by reference in and made
a part of this instrument and is hereby referred to for a description of the
rights, limitation of rights, obligations, duties and immunities thereunder of
the Company and the holders (the words "holders" or "holder" meaning the
registered holders or registered holder) of the Warrants. A copy of the Warrant
Agreement may be obtained by the holder hereof upon written request to the
Warrant Agent.

         Warrants may be exercised commencing at the opening of business Florida
Time on __________, 2002 and terminating at 5:00 p.m., Florida Time, on
__________, 2003. The holder of Warrants evidenced by this Warrant Certificate
may exercise them by surrendering this Warrant Certificate, with the form of
election to purchase set forth hereon properly completed and executed, together
with payment of the Warrant Price in cash or by certified check or bank draft
payable to the order of the Company at the office of the Warrant Agent. In the
event that upon any exercise of Warrants evidenced hereby the number of Warrants
exercised shall be less than the total number of Warrants evidenced hereby,
there shall be issued to the holder hereof or his assignee a new Warrant
Certificate evidencing the number of Warrants not exercised. No adjustment shall
be made for any dividends on any Common Stock issuable upon exercise of this
Warrant.

         The Warrant Agreement provides that upon the occurrence of certain
events the Warrant Price set forth on the face hereof may, subject to certain
conditions, be adjusted. If the Warrant Price is adjusted, the Warrant Agreement
provides that the number of shares of Common Stock issuable upon the exercise of
each Warrant shall be adjusted. No fractions of a share of Common Stock will be
issued upon the exercise of any Warrant, but the Company will pay the cash value
thereof determined as provided in the Warrant Agreement.

         Warrant Certificates, when surrendered at the office of the Company by
the registered holder thereof in person or by legal representative or attorney
duly authorized in writing, may be exchanged, in the manner and subject to the
limitations provided in the Warrant Agreement, but without payment of any
service charge, for another Warrant Certificate or Warrant Certificates of like
tenor evidencing in the aggregate a like number of Warrants.

         Upon due presentation for registration of transfer of this Warrant
Certificate at the office of the Warrant Agent a new Warrant Certificate or
Warrant Certificates of like tenor

                                      A-3
<PAGE>
and evidencing in the aggregate a like number of Warrants shall be issued to the
transferee(s) in exchange for this Warrant Certificate, subject to the
limitations provided in the Warrant Agreement, without charge except for any tax
or other governmental charge imposed in connection therewith.

         The Company may deem and treat the registered holder(s) thereof as the
absolute owner(s) of this Warrant Certificate (notwithstanding any notation of
ownership or other writing hereon made by anyone), for the purpose of any
exercise hereof, of any distribution to the holder(s) hereof, and for all other
purposes, and the Company shall not be affected by any notice to the contrary.
Neither the Warrants nor this Warrant Certificate entitles any holder hereof to
any rights of a stockholder of the Company.

                                      A-4
<PAGE>
                         [Form of Election to Purchase]

                    (To Be Executed Upon Exercise Of Warrant)

         The undersigned hereby irrevocably elects to exercise the right,
represented by this Warrant Certificate, to receive __________ shares of Common
Stock and herewith tenders payment for such shares to the order of Bristol
Technology Systems, Inc. in the amount of $______ in accordance with the terms
hereof.

         The undersigned requests that a certificate for such shares be
registered in the name of __________________________, whose address is ________
___________________________ and that such shares be delivered to
______________________________ whose address is ______________________________.

         If said number of shares is less than all of the shares of Common Stock
purchasable hereunder, the undersigned requests that a new Warrant Certificate
representing the remaining balance of such shares be registered in the name of
__________________, whose address is ________________________________________,
and that such Warrant Certificate be delivered to _____________________, whose
address is ______________________________________________________________ .

                                       Signature:

                                       ---------------------------------------

Date:

                                       Signature Guaranteed:

                                       ---------------------------------------

                                      A-5
<PAGE>

           [Form of Class B Common Stock Purchase Warrant Certificate]

                                     [Face]

No.                                                               _____ Warrants

                               Warrant Certificate

                              INVESTORS FOCUS, INC.

         This Warrant Certificate certifies that ______________, or registered
assigns, is the registered holder of Warrants expiring ___________, 2004 (the
"Warrants") to purchase Common Stock, $.0001 par value per share (the "Common
Stock"), of Investors Focus, Inc., a Florida corporation (the "Company"). Each
Warrant entitles the holder upon exercise to receive from the Company on or
before 5:00 p.m. Florida Time on ___________, 2004, two fully paid and
nonassessable shares of Common Stock (a "Warrant Share") at the initial exercise
price (the "Warrant Price") of $2.00 payable in lawful money of the United
States of America upon surrender to the Company at the office of the Warrant
Agent of this Warrant Certificate and payment to the Company of the Warrant
Price at the office of the Warrant Agent, but only subject to the conditions set
forth herein and in the Warrant Agreement referred to on the reverse hereof.

         The Warrant Price and number of Warrant Shares issuable upon exercise
of the Warrants are subject to adjustment upon the occurrence of certain events
set forth in the Warrant Agreement.

         The Warrant may be exercised commencing at the opening of business,
Florida Time on ___________, 2002 and terminating at 5:00 p.m., Florida Time on
___________, 2004, and to the extent not exercised by such time such Warrants
shall become void.

         Reference is hereby made to the further provisions of this Warrant
Certificate set forth on the reverse hereof and such further provisions shall
for all purposes have the same effect as though fully set forth at this place.

         This Warrant Certificate shall not be valid unless countersigned by the
Company, as such term is used in the Warrant Agreement.

                                      B-1
<PAGE>
     IN WITNESS WHEREOF, Investors Focus, Inc. has caused this Warrant
Certificate to be signed by its President and by its Secretary, each by a
facsimile of his signature, and has caused a facsimile of its corporate seal to
be affixed hereunto or imprinted hereon.

Dated:

                                       INVESTORS FOCUS, INC.

                                       By
                                          --------------------------------------
                                                    President

                                       By
                                          --------------------------------------
                                                    Secretary

                                      B-2
<PAGE>

     [Form of Class B Redeemable Common Stock Purchase Warrant Certificate]

                                    [Reverse]

         The Warrants evidenced by this Warrant Certificate are part of a duly
authorized issue of Warrants expiring __________, 2004, entitling the holder on
exercise to receive shares of Common Stock, $.0001 par value per share, of the
Company (the "Common Stock"), and are issued or to be issued pursuant to a
Warrant Agreement dated as of __________, 2002 (the "Warrant Agreement"), duly
executed and delivered by the Company and __________________ (the "Warrant
Agent"), which Warrant Agreement is hereby incorporated by reference in and made
a part of this instrument and is hereby referred to for a description of the
rights, limitation of rights, obligations, duties and immunities thereunder of
the Company and the holders (the words "holders" or "holder" meaning the
registered holders or registered holder) of the Warrants. A copy of the Warrant
Agreement may be obtained by the holder hereof upon written request to the
Warrant Agent.

         Warrants may be exercised commencing at the opening of business Florida
Time on __________, 2002 and terminating at 5:00 p.m., Florida Time, on _______,
2004. The holder of Warrants evidenced by this Warrant Certificate may exercise
them by surrendering this Warrant Certificate, with the form of election to
purchase set forth hereon properly completed and executed, together with payment
of the Warrant Price in cash or by certified check or bank draft payable to the
order of the Company at the office of the Warrant Agent. In the event that upon
any exercise of Warrants evidenced hereby the number of Warrants exercised shall
be less than the total number of Warrants evidenced hereby, there shall be
issued to the holder hereof or his assignee a new Warrant Certificate evidencing
the number of Warrants not exercised. No adjustment shall be made for any
dividends on any Common Stock issuable upon exercise of this Warrant.

         The Warrant Agreement provides that upon the occurrence of certain
events the Warrant Price set forth on the face hereof may, subject to certain
conditions, be adjusted. If the Warrant Price is adjusted, the Warrant Agreement
provides that the number of shares of Common Stock issuable upon the exercise of
each Warrant shall be adjusted. No fractions of a share of Common Stock will be
issued upon the exercise of any Warrant, but the Company will pay the cash value
thereof determined as provided in the Warrant Agreement.

         Warrant Certificates, when surrendered at the office of the Company by
the registered holder thereof in person or by legal representative or attorney
duly authorized in writing, may be exchanged, in the manner and subject to the
limitations provided in the Warrant Agreement, but without payment of any
service charge, for another Warrant Certificate or Warrant Certificates of like
tenor evidencing in the aggregate a like number of Warrants.

         Upon due presentation for registration of transfer of this Warrant
Certificate at the office of the Warrant Agent a new Warrant Certificate or
Warrant Certificates of like tenor

                                      B-3
<PAGE>
and evidencing in the aggregate a like number of Warrants shall be issued to the
transferee(s) in exchange for this Warrant Certificate, subject to the
limitations provided in the Warrant Agreement, without charge except for any tax
or other governmental charge imposed in connection therewith.

         The Company may deem and treat the registered holder(s) thereof as the
absolute owner(s) of this Warrant Certificate (notwithstanding any notation of
ownership or other writing hereon made by anyone), for the purpose of any
exercise hereof, of any distribution to the holder(s) hereof, and for all other
purposes, and the Company shall not be affected by any notice to the contrary.
Neither the Warrants nor this Warrant Certificate entitles any holder hereof to
any rights of a stockholder of the Company.

                                      B-4
<PAGE>

                         [Form of Election to Purchase]

                    (To Be Executed Upon Exercise Of Warrant)

         The undersigned hereby irrevocably elects to exercise the right,
represented by this Warrant Certificate, to receive __________ shares of Common
Stock and herewith tenders payment for such shares to the order of Bristol
Technology Systems, Inc. in the amount of $______ in accordance with the terms
hereof.

         The undersigned requests that a certificate for such shares be
registered in the name of __________________________, whose address is
_________________________________, and that such shares be delivered to
______________________________ whose address is _____________________________ .

         If said number of shares is less than all of the shares of Common Stock
purchasable hereunder, the undersigned requests that a new Warrant Certificate
representing the remaining balance of such shares be registered in the name of
________________________ , whose address is __________________________________ ,
and that such Warrant Certificate be delivered to ____________________________ ,
whose address is __________________________________ .

                                       Signature:

                                       -----------------------------------------

Date:

                                       Signature Guaranteed:

                                       -----------------------------------------

                                      B-5<PAGE>
                                                                    Exhibit 10.1

                              EMPLOYMENT AGREEMENT

         THIS EMPLOYMENT AGREEMENT ("Agreement") is made and entered into
effective May 31, 2002, by and between Investors Focus, Inc., a Florida
corporation (the "Company"), and Mitchell Rubinson (the "Executive").

                              W I T N E S S E T H:

         WHEREAS, the Company desires to employ the Executive for the term
provided herein, and the Executive desires to be employed by the Company for
such term, all in accordance with the terms and provisions herein contained;
         NOW, THEREFORE, in consideration of the mutual covenants and agreements
herein contained, the parties hereto agree as follows:

         1.       Employment.

         (a) The Company hereby employs the Executive to render services to the
Company as its Chairman and Chief Executive Officer and the Executive hereby
accepts such employment, on the terms and conditions contained in this
Agreement.

         (b) The Executive shall perform such duties for the Company as may be
determined and assigned to him from time to time by the Company's Board of
Directors (the "Board"), which assigned duties shall be consistent with and
appropriate to the positions described above; provided that, with the
Executive's consent, such consent not to be unreasonably withheld, the Board may
delegate certain of the duties, and positions to other officers or employees of
the Company or its subsidiaries and affiliates.

         (c) The Executive hereby agrees to devote such portion of his business
time, attention and efforts to the performance of his duties hereunder as may be
reasonably required by the Board, it being understood that the Executive has
certain other business intersts to which he must devote a portion of his
business time.
<PAGE>

         (d) The Executive's place of employment during the term of his
employment hereunder shall be in Dade County, Florida or in such other place as
the Company and the Executive shall mutually agree. The Executive acknowledges
that he may be required to travel from time to time in order to carry out his
duties hereunder.

         (e) The Executive agrees to accept election and to serve during all or
any part of the Term, as hereinafter defined, as an officer or director of the
Company and any subsidiary of the Company, without any compensation therefor
other than that specified herein, if elected to such position by the
shareholders or by the Board of the Company or of any subsidiary. The Executive
understands that the Company has agreed to use all reasonable efforts to elect
the Executive as a director and officer of the Company, and the Executive agrees
to act in such capacities if elected.

         2. Term. The initial term of this Agreement, and the employment of the
Executive hereunder, shall be for a period commencing on The 1st day the Company
commences Public Trading and expiring 3 years thereafter (the Initial Term").

         3. Compensation Package.

                  (a) The Executive's minimum annual salary during the Initial
Term shall be $250,000 per annum payable by check in equal bi-weekly
installments or in such other periodic installments as may be in accordance with
the regular payroll policies of the Company as from time to time in effect, less
such deductions or amounts to be withheld as shall be required by applicable law
and regulations provided that for each subsequent year during the Term, the
minimum salary shall be increased by ten percent (10%).

                                       2
<PAGE>

                  (b) The Executive shall be entitled to participate in family
medical/dental insurance, provided that the policy has standard co-insurance and
deductible provisions. Should Executive desire to procure supplemental or
alternative insurance policy or policies for himself and/or his family, the
company will reimburse 75% of the cost thereof.

                  (c) The Executive shall be entitled to four (4) weeks of paid
vacation during the first year of the Initial Term and six (6) weeks of paid
vacation during any subsequent year of the Term. In the event the Executive
elects not to take all or any portion of his vacation, the Company will pay the
Executive for each day of vacation not taken an amount of money equal to the
quotient of the Executives's then current annual salary divided by 260.

                  (d) The Executive shall participate in all profit sharing
plans adopted by the company. Additionally, the Executive shall be entitled to
receive an annual incentive bonus of Three Percent (3%) of net sales, defined as
Gross Sales less any returns and /or allowances. The annual bonus shall be paid
in cash within 30 days after the company files with the SEC its Annual Report on
Form 10-K with respect to such year. The incentive bonus shall be pro-rated for
partial years.

                  (e) The Company shall provide the Executive with an automobile
allowance of $1,500 per month. The Executive shall be responsible for all
associated expenses relating to such automobile, including, without limitation,
insurance, gas and repairs.

                  (f) The Company shall pay or reimburse the Executive for all
reasonable expenses actually incurred or paid by him in the performance of his
duties hereunder, including travel and entertainment in accordance with Company
policy and upon the presentation by the Executive of an itemized account of such
expenditures.

                                       3
<PAGE>

                  (g) The Executive shall be eligible to receive stock option
grants under the Company's stock option plans in the discretion of the Company's
Board of Directors or option committees under such plans.

         4. Termination.

                  (a) Notwithstanding anything contained in this Agreement to
the contrary, the Company by written notice to the Executive shall at all times
have the right to terminate this Agreement, and the Executive's employment
hereunder, with or without "Cause", as hereinafter defined. For the purposes
hereof, "Cause" shall be defined to mean any act of the Executive or any failure
to act on the part of the Executive which constitutes:

                           (i) fraud or embezzlement against the Company;

                           (ii) conviction of a felony; or

                           (iii) commission of a crime involving dishonesty; or

                  (b) Notwithstanding anything contained in this Agreement to
the contrary, this Agreement and the Executive's employment hereunder shall be
terminated automatically (i) immediately upon the death of the Executive, and
(ii) if the Executive shall, as the result of mental or physical incapacity,
illness or disability, be unable and fail to perform reasonably his duties and
responsibilities provided for herein for any continuous period of 120 days
during the term of this Agreement, provided that the obligations of the Company

                                       4
<PAGE>

to make payments hereunder shall be suspended during the pendency of any
disability which has persisted for a continuous period of 60 days during the
term of this Agreement.

                  (c) If, during the Term, this Agreement is terminated pursuant
to Paragraph 4(b) hereof, the Company shall pay to the Executive or the personal
representative of his estate Two Hundred and Fifty Thousand Dollars
($250,000.00) in a lump sum within thirty (30) days of such termination.

                  (d) If, during the Term, the Company terminates the
Executive's employment hereunder without Cause, the Company shall pay to the
Executive a lump sum termination amount (the "Termination Amount") within thirty
days of such termination and neither party shall have any further obligations
hereunder, except pursuant to Paragraphs 5 and 6 hereof. The Termination Amount
shall be an amount equal to twice the minimum annual salary then being paid to
the Executive pursuant to Section 3(a) hereof, plus an amount equal to the
incentive bonus paid in the prior year pursuant to Section 3(d).

                  (e) If the Company terminates the Executive's employment
hereunder for Cause, neither party shall have any further obligations hereunder
except pursuant to Paragraphs 5 and 6 hereof.

         (5) Nondisclosure. The Executive understands that, solely as a result
of his employment with the Company, he will have knowledge of and access to
certain confidential information relating to the financial and planning aspects
of the Company's business and other aspects of the Company's business. The
Executive agrees that, during or following his employment by the Company, he
will not disclose to others (except in the course of his employment with the

                                       5
<PAGE>

Company and solely in furtherance of the interest of the Company) any such
confidential information. The provisions of this paragraph shall not preclude
the Executive from using, after the termination of his employment with the
Company, his general professional knowledge and skills including those developed
while employed by the Company.

         6. Restrictive Covenants. The Executive shall not at any time during
the term of his employment hereunder and for a period of one (1) year after the
date this Agreement expires or is terminated for any reason, directly or
indirectly, for himself or for any other person, firm, corporation, partnership,
association or other entity, except on behalf of the Company:

                  (a) engage or be involved in the same or substantially similar
business to those conducted by the Company;

                  (b) interfere with business relationships between the Company
and its suppliers or customers;

                  (c) without the Company's prior written consent, become
employed by an entity with which the Company has a business relationship; or

                  (d) without the Company's prior written consent, hire or
solicit the employment of any person or associate in the employ of the Company.

         The Executive acknowledges that (i) the foregoing covenants are
reasonable in scope

                                       6
<PAGE>

and duration and (ii) he will be able to earn a living and provide for his
family without violating the foregoing covenants.

         7. No Delegation. Neither the Company nor the Executive shall delegate
its or his obligations pursuant to this Agreement to any other person, except as
provided in Paragraph 8 hereof.

         8. No Assiqnment. Neither the Company nor the Executive shall assign
any of its or his rights under this Agreement to any other person, except that
the Company may assign its rights under this Agreement to any successor entity
in a merger with the Company or any entity that purchases all or substantially
all of the Company's assets, and except that the Company may assign its rights
and obligations hereunder to a subsidiary reasonably acceptable to the
Executive.

         9. Damages. Nothing contained herein shall be construed to prevent the
Company or the Executive from seeking and recovering from the other damages
sustained by either or both of them as a result of its or his breach of any term
or provision of this Agreement. In the event that either party hereto brings
suit for the collection of any damages resulting from, or the injunction of any
action constituting, a breach of any of the terms or provisions of this
Agreement, then the party found to be at fault shall pay all reasonable court
costs and attorneys' fees of the other.

                                       7
<PAGE>
         10. Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of Florida.

         11. Notices. Any notices, requests, demands and other communications
required or permitted to be given under this Agreement shall be in writing and
shall be deemed to have been duly given (a) when delivered by hand or facsimile,
or (b) 3 days after deposit in the United States mail, by registered or
certified mail, return receipt requested, postage prepaid, as follows:

         If to the Company:         Investors Focus, Inc.
                                    1000 Lincoln Road, Suite 200
                                    Miami Beach, Florida 33139

         With a copy to:            Atlas, Pearlman P.A.
                                    Suite 1700, 350 East Las Olas Boulevard
                                    Fort Lauderdale, Florida 33301

         If to the Executive:       Mitchell Rubinson
                                    P.O. Box 19-0089
                                    Miami Beach, Florida 33119

or to such other addresses as either party hereto may from time to time give
notice of to the other.

         12. Benefits: Bindinq Effect. This Agreement shall be for the benefit
of and binding upon the parties hereto and their respective heirs, personal
representatives, legal representatives, successors and, where applicable,
assigns.

         13. Severability. The invalidity of any one or more of the words,

                                       8
<PAGE>

phrases, sentences, clauses, or sections contained in this Agreement shall not
affect the enforceability of the remaining portions of this Agreement or any
part thereof, all of which are inserted conditionally on their being valid in
law, and, in the event that any one or more of the words, phrases, sentences,
clauses or sections contained in this Agreement shall be declared invalid, this
Agreement shall be construed as if such invalid word or words, phrase or
phrases, sentence or sentences, clause or clauses, or section or sections had
not been inserted. If such invalidity shall be caused by the length of any
period of time or the size of any area set forth in any part hereof, such period
of time or such area, or both, shall be considered to be reduced to a period or
area to the extent and only to the extent that such reduction would cure such
invalidity.

         14. Waivers. The waiver by either party hereto of a breach or violation
of any term or provision of this Agreement shall not operate or be construed as
a waiver of any subsequent breach or violation.

         15. Section Headings. The section headings contained in this Agreement
are for reference purposes only and shall not affect in any way the meaning or
interpretation of this Agreement.

         16. Specific Performance. The Executive agrees that a violation by him
of any of the covenants contained in Paragraphs 5 or 6 of this Agreement will
cause irreparable damage to the Company the amount of which will be virtually
impossible to ascertain, and with respect to which the Company may not have an
adequate remedy at law, and for those reasons the Executive agrees that the

                                       9
<PAGE>

Company shall be entitled to an injunction or a restraining order (both
temporary or permanent) from any court of competent jurisdiction restraining any
violation of any or all of said covenants by the Executive, all persons he
controls, and all persons acting for or with him, either directly or indirectly,
in addition to any other form of relief, at law or equity, to which the Company
may be entitled. When used in Paragraphs 5, 6 and 16 hereof, the term "Company"
shall include all its directly and indirectly owned subsidiaries and its
affiliates.

         17. Counterparts. This Agreement may be executed in one or more
counterparts, each of which shall be deemed to be an original, but all of which
together shall constitute one and the same instrument.

         18. Entire Agreement. This Agreement constitutes the entire agreement
between the parties hereto with respect to the subject matter hereof and
supersedes all prior agreements, understandings and arrangements, both oral and
written, between the parties hereto with respect to such subject matter. No
amendment or modification of this Agreement shall be valid or binding upon the
Company unless made in writing and signed by a duly authorized officer of the
Company other than the Executive, or upon the Executive unless made in writing
and signed by him.

         19. No Third Party Beneficiary. Nothing expressed or implied in this
Agreement is intended, or shall be construed, to confer upon or give any person
other than the parties hereto and their respective heirs, personal
representatives, legal representatives, successors and permitted assigns, any
rights or remedies under or by reason of this Agreement.

                                       10
<PAGE>

         IN WITNESS WHEREOF, the parties have set their hands and seals as of
the day and year first above written.

                                            COMPANY:
                                            INVESTORS FOCUS, INC.

                                            By:
                                               ---------------------------------
                                                   Perla Abramowitz
                                                   Corporate Secretary

                                            EXECUTIVE:

                                            Mitchell Rubinson

                                       11

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