Document:

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                                                                   Exhibit 4.6

                                  EPIXTAR CORP.

                          COMMON STOCK PURCHASE WARRANT

THE WARRANT REPRESENTED BY THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), AND IS SUBJECT TO RESTRICTIONS
ON TRANSFERABILITY AS SET FORTH IN THIS CERTIFICATE. THIS WARRANT MAY NOT BE
SOLD, TRANSFERRED, OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE
REGISTRATION STATEMENT UNDER THE ACT OR AN OPINION OF COUNSEL, REASONABLY
ACCEPTABLE TO COUNSEL FOR THE COMPANY, TO THE EFFECT THAT THE PROPOSED SALE,
TRANSFER, OR DISPOSITION MAY BE EFFECTUATED WITHOUT REGISTRATION UNDER THE ACT.

                               WARRANT CERTIFICATE

                  THIS WARRANT CERTIFICATE (the "Warrant Certificate") certifies
that for value received, ALPINE CAPITAL PARTNERS, Inc. (the "Holder"), is the
owner of this warrant (the "Warrant"), which entitles the Holder to purchase at
any time on or before the Expiration Date (as defined below) 27,728 shares(the
"Warrant Shares") of fully paid non-assessable shares of the common stock (the
"Common Stock"), Epixtar Corp., a Florida corporation (the "Company"), at a
purchase price per Warrant Share of five ($5.00) Dollars (the "Purchase Price"),
in lawful money of the United States of America by bank or certified check,
subject to adjustment as hereinafter provided

                  1. WARRANT; PURCHASE PRICE.

                  This Warrant shall entitle the Holder to purchase the Warrant
Shares at the Purchase Price. The Purchase Price and the number of Warrant
Shares evidenced by this Warrant Certificate are subject to adjustment as
provided in Article 6.

                  2. EXERCISE; EXPIRATION DATE.

1. This Warrant is exercisable, at the option of the Holder, at any time after
the date of issuance and on or before the Expiration Date (as defined below) by
(i) delivering to the Company written notice of exercise (the "Exercise
Notice"), stating the number of Warrant Shares to be purchased thereby,
accompanied by bank or certified check payable to the order of the Company for
the Warrant Shares being purchased or (ii) presentation and surrender of this
Warrant to the Company at its principal executive offices with a written notice
of the holder's intention to effect a cashless exercise, including a calculation
of the number of shares of Common Stock to be issued upon such exercise in
accordance with the terms hereof (a "Cashless Exercise"); provided, however,
that this Warrant may not be converted prior to the effectiveness of a
registration statement with the Securities Exchange Commission for the Warrant

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Shares. In the event of a Cashless Exercise, in lieu of paying the Exercise
Price in cash, the holder shall surrender this Warrant for that number of shares
of Common Stock determined by multiplying the number of Warrant Shares to which
it would otherwise be entitled by a fraction, the numerator of which shall be
the difference between the then Current Market Price share of the Common Stock
and the Purchase Price and the denominator of which shall be the then Current
Market Price per share of Common Stock. Within ten (10) business days of the
Company's receipt of the Exercise Notice accompanied by the consideration for
the Warrant Shares being purchased, or a Cashless Exercise, the Company shall
issue and deliver to the Holder a certificate representing the Warrant Shares
being purchased. In the case of exercise for less than all of the Warrant Shares
represented by this Warrant Certificate, the Company shall cancel this Warrant
Certificate upon the surrender thereof and shall execute and deliver a new
Warrant Certificate for the balance of such Warrant Shares.

                  (a) Expiration. The term "Expiration Date" shall mean 5:00
p.m., New York time, on June 10, 2008-or if such date shall in the State of New
York shall be a holiday or a day on which banks are authorized to close, then
5:00 p.m., New York time, the next following day which in the State of New York
is not a holiday or a day on which banks are authorized to close.

3. RESTRICTIONS ON TRANSFER.

                  (a) Restrictions. This Warrant, and the Warrant Shares or any
other security issuable upon exercise of this Warrant may not be assigned,
transferred, sold, or otherwise disposed of unless (i) there is in effect a
registration statement under the Act covering such sale, transfer, or other
disposition or (ii) the Holder furnishes to the Company an opinion of counsel,
reasonably acceptable to counsel for the Company, to the effect that the
proposed sale, transfer, or other disposition may be effected without
registration under the Act, as well as such other documentation incident to such
sale, transfer, or other disposition as the Company's counsel shall reasonably
request.

                  (b) Legend. Any Warrant Shares issued upon the exercise of
this Warrant shall bear substantially the following legend:

"The shares evidenced by this certificate were issued upon
exercise of a Warrant and may not be sold, transferred, or
otherwise disposed of in the absence of an effective
registration under the Securities Act of 1933 (the "Act")
or an opinion of counsel, reasonably acceptable to counsel
for the Company, to the effect that the proposed sale,
transfer, or disposition may be effectuated without
registration under the Act."

4. RESERVATION OF SHARES.

                  The Company covenants that it will at all time reserve and
keep available out of its authorized Common Stock, solely for the purpose of
issuance upon exercise of this Warrant, such number of shares of Common Stock as
shall then be issuable upon the exercise of this Warrant. The Company covenants
that all shares of Common Stock which shall be issuable upon exercise of this
Warrant shall be duly and validly issued and fully paid and non-assessable and
free from all taxes, liens, and charges with respect to the issue thereof.

                                                                               2

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5. LOSS OR MUTILATION.

                  If the Holder loses this Warrant, or if this Warrant is
stolen, destroyed or mutilated, the Company shall issue an identical replacement
Warrant upon the Holder's delivery to the Company of a customary agreement to
indemnify the Company for any losses resulting from the issuance of the
replacement Warrant.

6. ANTI-DILUTION PROVISIONS.

         (a) Stock Dividends, Subdivisions and Combinations. If at any time the
Company shall:

                  (i) take a record of the holders of its Common Stock for the
purpose of entitling them to receive a dividend payable in, or other
distribution of, additional shares of Common Stock,

                  (ii) subdivide its outstanding shares of Common Stock into a
larger number of shares of Common Stock, or

                  (iii) combine its outstanding shares of Common Stock into a
smaller number of shares of Common Stock,

then (A) the number of shares of Common Stock for which this Warrant is
exercisable into immediately after the occurrence of any such event shall be
adjusted to equal the number of shares of Common Stock which a record holder of
the same number of shares of Common Stock for which this Warrant is exercisable
into immediately prior to the occurrence of such event would own or be entitled
to receive after the happening of such event, and (B) the Purchase Price shall
be adjusted to equal (x) the current Purchase Price immediately prior to the
adjustment multiplied by the number of shares of Common Stock for which this
Warrant is exercisable into immediately prior to the adjustment divided by (y)
the number of shares of Common Stock for which this Warrant is exercisable into
immediately after such adjustment.

         (b) Certificate as to Adjustments. Upon the occurrence of each
adjustment or readjustment of the Purchase Price, the Company, at its expense,
shall promptly compute such adjustment or readjustment in accordance with the
terms hereof and prepare and furnish to the Holder a certificate setting forth
such adjustment or readjustment and showing in detail the facts upon which such
adjustment or readjustment is based. The Company shall, upon the written request
at any time of the Holder, furnish or cause to be furnished to such holder a
like certificate setting forth (i) such adjustments and readjustments, (ii) the
Purchase Price at the time in effect for this Warrant and (iii) the number of
shares of Common Stock and the amount, if any, or other property which at the
time would be received upon the exercise of this Warrant.

         (c) Notices of Record Date. In the event of any fixing by the Company
of a record date for the holders of any class of securities for the purpose of
determining the holders thereof who are entitled to receive any dividend (other
than a cash dividend) or other distribution, any shares of Common Stock or other
securities, or any right to subscribe for, purchase or otherwise acquire, or any
option for the purchase of, any shares of stock of any class or any other
securities or property, or to receive any other right, the Company shall mail to
the Holder at least thirty (30) days prior to the date specified therein, a
notice specifying the date on which any such record is to be taken for the
purpose of such dividend, distribution or rights, and the amount and character
of such dividend, distribution or right.

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         (d) Merger, Consolidation, etc. In case of any capital reorganization
or any reclassification of the capital stock of the Company or in case of the
consolidation or merger of the Company with another corporation (or in the case
of any sale, transfer, or other disposition to another corporation of all or
substantially all the property, assets, business, and goodwill of the Company),
the Holder of this Warrant shall thereafter be entitled to purchase the kind and
amount of shares of capital stock which this Warrant entitled the Holder to
purchase immediately prior to such capital reorganization, reclassification of
capital stock, consolidation, merger, sale, transfer, or other disposition; and
in any such case appropriate adjustments shall be made in the application of the
provisions of this Section 6 with respect to rights and interests thereafter of
the Holder of this Warrant to the end that the provisions of this Section 6
shall thereafter be applicable, as near as reasonably may be, in relation to any
shares or other property thereafter purchasable upon the exercise of this
Warrant.

         (e) Fractional Shares. No certificate for fractional shares shall be
issued upon the exercise of this Warrant, but in lieu thereof the Company shall
purchase any such fractional shares calculated to the nearest cent or round up
the fraction to the next whole share.

         (f) Rights of the Holder. The Holder of this Warrant shall not be
entitled to any rights of a shareholder of the Company in respect of any Warrant
Shares purchasable upon the exercise hereof until such Warrant Shares have been
paid for in full and issued to it. As soon as practicable after such exercise,
the Company shall deliver a certificate or certificates for the number of full
shares of Common Stock issuable upon such exercise, to the person or persons
entitled to receive the same.

         7. Repesentations and Warranties

                  The Holder, by acceptance of this Warrant, represents and
warrants to, and covenants and agrees with, the Company as follows:

         (a) The Warrant is being acquired for the Holder's own account for
investment and not with a view toward resale or distribution of any part
thereof, and the Holder has no present intention of selling, granting any
participation in, or otherwise distributing the same.

         (b) The Holder is aware that the Warrant is not registered under the
Act or any state securities or blue sky laws and, as a result, substantial
restrictions exist with respect to the transferability of the Warrant and the
Warrant Shares to be acquired upon exercise of the Warrant.

         (c) The Holder is an accredited investor as defined in Rule 501(a) of
Regulation D under the Act and is a sophisticated investor familiar with the
type of risks inherent in the acquisition of securities such as the Warrant, and
its financial position is such that it can afford to retain the Warrant and the
Warrant Shares for an indefinite period of time without realizing any direct or
indirect cash return on this investment.

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8. NO IMPAIRMENT

                  The Company shall not by any action including, without
limitation, amending its certificate of incorporation or through any
reorganization, transfer of assets, consolidation, merger, dissolution, issue or
sale of securities or any other voluntary action, avoid or seek to avoid the
observance or performance of any of the terms of this Warrant, but will at all
times in good faith assist in the carrying out of all such terms and in the
taking of all such actions as may be necessary or appropriate to protect the
rights of Holder against impairment. Without limiting the generality of the
foregoing, the Company will (a) not increase the par value of any shares of
Common Stock receivable upon the exercise of this Warrant above the amount
payable therefore upon such exercise immediately prior to such increase in par
value, (b) take all such actions as may be necessary or appropriate in order
that the Company may validly and legally issue fully paid and non assessable
shares of Common Stock upon the exercise of this Warrant, and (c) use its best
efforts to obtain all such authorizations, exemptions or consents from any
public regulatory body having jurisdiction thereof as may be necessary to enable
the Company to perform its obligations under this Warrant. Upon the request of
Holder, the Company will at any time during the period this Warrant is
outstanding acknowledge in writing, in form satisfactory to Holder, the
continuing validity of this Warrant and the obligations of the Company
hereunder.

9. REGISTRATION RIGHTS

                   The sale of the Warrant Shares issuable upon exercise of this
Warrant shall be included in the registration statement filed in connection with
the Warrant granted to Holder as of June 11, 2003 and subject to the same terms
as set forth therein.

10. SUPPLYING INFORMATION

                  The Company shall cooperate with Holder and each holder of
Warrant Shares in supplying such information pertaining to the Company as may be
reasonable necessary for such Holder and each holder of Warrant Shares to
complete and file any information reporting forms presently or hereafter
required by the Securities and Exchange Commission as a condition to the
availability of an exemption from the Act for the sale of Warrant Shares.

11. LIMITATION OF LIABILITY

                  No provision hereof, in the absence of affirmative action by
Holder to purchase shares of Common Stock, and no enumeration herein of the
rights or privileges of Holder hereof, shall give rise to any liability of
Holder for the purchase price of any Common Stock or as a stockholder of the
Company, whether such liability is asserted by the Company or by creditors of
the Company.

12. MISCELLANEOUS.

         (a) Transfer Taxes; Expenses. The Holder shall pay any and all
underwriters' discounts, brokerage fees, and transfer taxes incident to the sale
or exercise of this Warrant or the sale of the underlying shares issuable
hereunder, and shall pay the fees and expenses of any special attorneys or
accountants retained by it.

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         (b) Successors and Assigns. Subject to compliance with the provisions
of Section 3, this Warrant and the rights evidenced hereby shall inure to the
benefit of and be binding upon the successors of the Company and the successors
and assigns of Holder. The provisions of this Warrant are intended to be for the
benefit of all Holders from time to time of this Warrant, and shall be
enforceable by any such Holder.

         (c) Notice. Any notice or other communication required or permitted to
be given to the Company shall be in writing and shall be delivered by certified
mail with return receipt or delivered in person against receipt, addressed to
the Company as follows

                           11900 Biscayne Blvd
                           Miami Florida 33181.

         (d) Governing Law. This Warrant Certificate shall be governed by, and
construed in accordance with, the laws of the State of New York, without
reference to the conflicts of laws.

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                  IN WITNESS WHEREOF, the Company has caused this Warrant
Certificate to be duly executed as of the date set forth below.

                               Epixtar Corp

                               By:
                                  ------------------------------------------
                                   Name: Martin Miller
                                  Title: Chairman and CEO

Dated-----------------

                                                                               7

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FORM OF EXERCISE OF WARRANT

         The undersigned hereby elects to exercise this Warrant as to ________
Common Shares covered thereby.

[ ]      Enclosed herewith is a bank or certified check in the amount
         of $________.

[ ]      The undersigned hereby elects to effect a cashless exercise.

Date:
     --------------------------------        ---------------------------------
                                             Name:
                                             Address:

                                             Signature
                                             Guarantor:
                                                       -----------------------

                                                                               8<PAGE>

                                                                  Exhibit 4.6.1

No. W-2003-____                                              ___________ Shares

THIS WARRANT AND THE SHARES OF COMMON STOCK ISSUABLE UPON EXERCISE OF THIS
WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED.
THIS WARRANT AND THE COMMON STOCK ISSUABLE UPON EXERCISE OF THIS WARRANT MAY NOT
BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN
EFFECTIVE REGISTRATION STATEMENT AS TO THIS WARRANT UNDER SAID ACT OR AN OPINION
OF COUNSEL REASONABLY SATISFACTORY TO EPIXTAR CORP. THAT SUCH REGISTRATION IS
NOT REQUIRED.

                          COMMON STOCK PURCHASE WARRANT

                  EPIXTAR CORP., a corporation organized under the laws of the
State of Florida (the "Company"), hereby certifies that, for value received,
Maxim Group LLC, or assigns (the "Holder"), is entitled, subject to the terms
set forth below, to purchase from the Company from and after the Date of
Issuance (set forth below) of this Warrant and at any time or from time to time
before 5:00 p.m., New York time, through five (5) years after such date (the
"Expiration Date"), up to one hundred thousand (100,000) fully paid and
nonassessable shares (sometimes referred to herein as the "Shares") of Common
Stock (as hereinafter defined) of the Company, at the Exercise Price (as defined
below). The number and character of such Shares and the Exercise Price are
subject to adjustment as provided herein.

         1. Terms/Definitions.

                  1.1  Definitions.

                  As used herein the following terms, unless the context
otherwise requires, have the following respective meanings:

                  (a) The term "Company" shall include Epixtar Corp. and any
corporation which shall succeed or assume the obligations of Epixtar Corp.
hereunder.

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                  (b) The term "Common Stock" includes (a) the Company's common
stock, par value $.001 per share, and (b) any other securities into which or for
which any of the securities described in (a) may be converted or exchanged
pursuant to a plan of recapitalization, reorganization, merger, sale of assets
or otherwise.

                  (c) The term "Other Securities" refers to any stock (other
than Common Stock) and other securities of the Company or any other person
(corporate or otherwise) which the holder of the Warrant at any time shall be
entitled to receive, or shall have received, on the exercise of the Warrant, in
lieu of or in addition to Common Stock, or which at any time shall be issuable
or shall have been issued in exchange for or in replacement of Common Stock or
Other Securities pursuant to Section 4 or otherwise.

                  (d) The term "Exercise Price" shall be six dollars ($6.00) per
share of Common Stock.

                  1.2 Exercise of Warrant. From and after the date hereof
through and including the Expiration Date, the Holder shall be entitled to
exercise this Warrant to acquire shares of Common Stock of the Company at the
Exercise Price.

                  1.3 Mandatory Exercise. Once every ninety (90) days and
provided a registration statement is in effect at the time with a current
prospectus available pursuant to the Securities Act of 1933 (the "Securities
Act"), covering the resale of Shares acquired upon exercise of this warrant, the
Company may require the exercise, at the Exercise Price, of up to 20% of the
original number of warrants granted hereunder in the event that the Market Price
of the Common Stock is $7.00 or greater during any thirty (30) consecutive
trading days ending on the day prior to the date the Company gives notice that
it is requiring exercise. Within seven (7) business days after the Company
provides such notice, the Holder shall exercise the number of Warrants as
required by such notice. If the Holder fails to exercise the Warrant within the
required time period the number of shares subject to this Warrant shall be
automatically reduced by the number of shares Holder was required to acquire
pursuant to such notice.

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                  1.3.1 Market Price. For purposes hereof, the Market Price
shall mean: the closing prices for the Common Stock on the OTC Pink Sheets, NASD
OTC Bulletin Board, NASDAQ Small Cap Market, NASDAQ National Market System,
American Stock Exchange, or New York Stock Exchange (whichever of the foregoing
is at the time the principal trading exchange or market for the Common Stock,
the "Principal Market"), or if the shares are not then trading on a Principal
Market, such other market or exchange where the Common Stock is listed or
traded.

         2. Procedure for Exercise.

                  2.1 Method of Exercise. Upon surrender of a Warrant
Certificate with the annexed Form of Purchase Election duly executed, together
with payment of the Exercise Price (as hereinafter defined) for the shares of
Common Stock purchased at the Company's principal offices (presently located at
11900 Biscayne Blvd., Miami FL 33181) the registered holder of a Warrant
Certificate ("Holder" or "Holders") shall be entitled to receive a certificate
or certificates for the shares of Common Stock. The purchase rights represented
by each Warrant Certificate are exercisable at the option of the Holder thereof,
in whole or in part (but not as to fractional shares of the Common Stock
underlying the Warrants). Warrants may be exercised to purchase all or part of
the shares of Common Stock. In the case of the purchase of less than all the
shares of Common Stock purchasable under any Warrant Certificate, the Company
shall cancel said Warrant Certificate upon the surrender thereof and shall
execute and deliver a new Warrant Certificate of like tenor for the balance of
the shares of Common Stock purchasable thereunder.

                  2.2 Delivery of Stock Certificates, etc. on Exercise. The
Company agrees that the shares of Common Stock purchased upon exercise of this
Warrant shall be deemed to be issued to the Holder as the record owner of such
shares as of the close of business on the date on which this Warrant shall have
been surrendered and payment made for such shares as aforesaid. As soon as
practicable after the exercise of this Warrant in full or in part, and in any
event within 5 business days thereafter, the Company at its expense will cause
to be issued in the name of and delivered to the Holder, or as such Holder (upon
payment by such holder of any applicable transfer taxes) may direct in
compliance with applicable securities laws, a certificate or certificates for
the number of duly and validly issued, fully paid and nonassessable shares of
Common Stock (or Other Securities) to which such Holder shall be entitled on
such exercise, plus, at the Company's election, in lieu of any fractional share

                                       3
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to which such holder would otherwise be entitled, cash equal to such fraction
multiplied by the then Market Value of one full share or an additional share,
together with any other stock or other securities and property (including cash,
where applicable) to which such Holder is entitled upon such exercise pursuant
to Section 1 or otherwise.

         2.3. Payment.

                  (a) Payment may be made either (i) in cash or by certified or
official bank check payable to the order of the Company equal to the applicable
aggregate Exercise Price, (ii) by delivery of the Warrant in accordance with
Section (b) below, or (iii) by a combination of any of the foregoing methods,
for the number of Common Shares specified in such form and the Holder shall
thereupon be entitled to receive the number of duly authorized, validly issued,
fully-paid and non-assessable shares of Common Stock (or Other Securities)
determined as provided herein.

                  (b) Notwithstanding any provisions herein to the contrary, if
the Market Value of one share of Common Stock is greater than the Exercise Price
(at the date of calculation as set forth below) and there is, at such time, a
registration statement in effect with respect to the shares of Common Stock to
be issued under this Warrant, with current prospectus available, pursuant to the
Securities Act, in lieu of exercising this Warrant for cash, the Holder may
elect to receive shares equal to the value (as determined below) of this Warrant
(or the portion thereof being exercised) by surrender of this Warrant at the
principal office of the Company together with the properly endorsed Exercise
Notice in which event the Company shall issue to the Holder a number of shares
of Common Stock computed using the following formula:

                  X = Y (A-B)
                        -----
                          A

         Where X =     the number of shares of Common Stock to be issued to
                       the Holder

                Y=     the number of shares of Common Stock purchasable under
                       the Warrant or, if only a portion of the Warrant is
                       being exercised, the portion of the Warrant being
                       exercised (at the date of such calculation)

                A=     the Fair Market Value of one share of the Company's
                       Common Stock (at the date of such calculation)

                B=     Exercise Price (as adjusted to the date of
                       such calculation)

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         3. Effect of Reorganization and Other Events Affecting Common Stock;
            Adjustment of Exercise Price.

         The Exercise Price and number and kind of shares or other securities to
be issued upon exercise determined pursuant to Sections 2 of this Warrant shall
be subject to adjustment from time to time upon the happening of certain events
while this exercise right remains outstanding, as follows:

                  A. Merger, Sale of Assets, etc. If the Company at any time
shall consolidate with or merge into or sell or convey all or substantially all
its assets to any other corporation, this Warrant, as to any portion
unexercised, shall thereafter be deemed to evidence the right to purchase such
number and kind of shares or other securities and property as would have been
issuable or distributable on account of such consolidation, merger, sale or
conveyance, to a holder of Common Stock immediately prior to such consolidation,
merger, sale or conveyance. The foregoing provision shall similarly apply to
successive transactions of a similar nature by any such successor or purchaser.
Without limiting the generality of the foregoing, the anti-dilution provisions
of this Section shall apply to such securities of such successor or purchaser
after any such consolidation, merger, sale or conveyance.

                  B. Reclassification, etc. If the Company at any time shall, by
reclassification or otherwise, change the Common Stock into the same or a
different number of securities of any class or classes, this Warrant, as to the
portion unexercised thereof, shall thereafter be deemed to evidence the right to
purchase such number and kind of securities as would have been issuable as the
result of such change with respect to the Common Stock immediately prior to such
reclassification or other change.

                                       5
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                  C. Stock Splits, Combinations and Dividends. If the shares of
Common Stock are subdivided or combined into a greater or smaller number of
shares of Common Stock, or if a dividend is paid on the Common Stock in shares
of Common Stock, the Exercise Price shall be proportionately reduced in case of
subdivision of shares or stock dividend or proportionately increased in the case
of combination of shares, in each such case by the ratio which the total number
of shares of Common Stock outstanding immediately after such event bears to the
total number of shares of Common Stock outstanding immediately prior to such
event.

                  D. Compliance with Market Rules. Unless the Company shall have
obtained the approval of its voting stockholders to such issuance in accordance
with the rules of American Stock Exchange or any other stock market rules with
which the Company shall be required to comply, but only to the extent required
thereby, the Company shall not issue shares of Common Stock upon exercise of any
Warrants which, when such number is added to the number of shares of Common
Stock previously issued by the Company (x) upon conversion of the Convertible
Debentures offered pursuant to the Subscription Agreement and (y) upon exercise
of the Warrants issued hereby would equal or exceed 20% of the number of shares
of the Company's Common Stock which were issued and outstanding on the Date of
Issuance (hereinafter, the "Maximum Issuance Amount"). In the event that a
properly executed Exercise Notice is received by the Company which would require
the Company to issue shares of Common Stock equal to or in excess of the Maximum
Issuance Amount, the Company shall honor such exercise request by (a) issuing
such number of shares which is not in excess of the Maximum Issuance Amount and
(b) redeeming the remaining Warrants stated in the Exercise Notice in cash at a
price equal to 105% of the Exercise Price.

                  E. Reservation of Shares. During the period the exercise right
exists, the Company will reserve from its authorized and unissued Common Stock a
sufficient number of shares to provide for the issuance of Common Stock upon the
full exercise of this Warrant. The Company represents that upon issuance, such
shares will be duly and validly issued, fully paid and non-assessable. The
Company agrees that its issuance of this Warrant shall constitute full authority
to its officers, agents, and transfer agents who are charged with the duty of
executing and issuing stock certificates to execute and issue the necessary
certificates for shares of Common Stock upon the exercise of this Warrant.

                                       6
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         4. Certificate as to Adjustments. In each case of any adjustment or
readjustment in the shares of Common Stock (or other securities) issuable on the
exercise of the Warrant, the Company at its expense will promptly cause its
Chief Financial Officer or other appropriate designee to compute such adjustment
or readjustment in accordance with the terms of the Warrant and prepare a
certificate setting forth such adjustment or readjustment and showing in detail
the facts upon which such adjustment or readjustment is based, including a
statement of (a) the consideration received or receivable by the Company for any
additional shares of Common Stock (or Other Securities) issued or sold or deemed
to have been issued or sold, (b) the number of shares of Common Stock (or Other
Securities) outstanding or deemed to be outstanding, and (c) the Exercise Price
and the number of shares of Common Stock to be received upon exercise of this
Warrant, in effect immediately prior to such adjustment or readjustment and as
adjusted or readjusted as provided in this Warrant. The Company will forthwith
mail a copy of each such certificate to the holder of the Warrant and any
Warrant agent of the Company (appointed pursuant to Section 9 hereof).

         5. Reservation of Stock, etc. Issuable on Exercise of Warrant. The
Company will at all times reserve and keep available, solely for issuance and
delivery on the exercise of the Warrant, shares of Common Stock (or Other
Securities) from time to time issuable on the exercise of the Warrant.

         6. Assignment; Exchange of Warrant. Subject to compliance with
applicable securities laws and the provisions of the Subscription Agreement,
this Warrant, and the rights evidenced hereby, may be transferred by any
registered holder hereof (a "Transferor"). On the surrender for exchange of this
Warrant, with the Assignment Form attached hereto duly completed and executed
and together with evidence reasonably satisfactory to the Company demonstrating
compliance with applicable securities laws, which shall include, without
limitation, a legal opinion from the Transferor's counsel that such transfer is
exempt from the registration requirements of applicable securities laws, the
Company at its expense but with payment by the Transferor of any applicable
transfer taxes) will issue and deliver to or on the order of the Transferor
thereof a new Warrant of like tenor, in the name of the Transferor and/or the
transferee(s) specified in such Assignment Form (each a "Transferee"), for an
aggregate number of shares of Common Stock equal to the number of shares subject
to the Warrant so surrendered by the Transferor.

                                       7
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         7. Replacement of Warrant. On receipt of evidence reasonably
satisfactory to the Company of the loss, theft, destruction or mutilation of
this Warrant and, in the case of any such loss, theft or destruction of this
Warrant, on delivery of an indemnity agreement or security reasonably
satisfactory in form and amount to the Company or, in the case of any such
mutilation, on surrender and cancellation of this Warrant, the Company at its
expense will execute and deliver, in lieu thereof, a new Warrant of like tenor.

         8. Registration Rights. The Holder of this Warrant has been granted
certain registration rights by the Company. These registration rights are set
forth in a Registration Rights Agreement entered into by the Company and
Purchaser at or prior to the issue date of this Warrant.

         9. Warrant Agent. The Company may, by written notice to the each holder
of the Warrant, appoint an agent for the purpose of issuing Common Stock (or
Other Securities) on the exercise of this Warrant pursuant to Sections 1 and 2,
exchanging this Warrant pursuant to Section 6 and replacing this Warrant
pursuant to Section 7, or any of the foregoing, and thereafter any such
issuance, exchange or replacement, as the case may be, shall be made at such
office by such agent.

         10. Transfer on the Company's Books. Until this Warrant is transferred
on the books of the Company, the Company may treat the registered holder hereof
as the absolute owner hereof for all purposes, notwithstanding any notice to the
contrary.

         11. Notices, etc. All notices and other communications from the Company
to the Holder of this Warrant shall be mailed by first class registered or
certified mail, postage prepaid, at such address as may have been furnished to
the Company in writing by such holder or, until any such Holder furnishes to the
Company an address, then to, and at the address of, the last Holder of this
Warrant who has so furnished an address to the Company.

                                       8
<PAGE>

         12. Voluntary Adjustment by the Company. The Company may at any time
during the term of this Warrant reduce the then current Exercise Price to any
amount and for any period of time deemed appropriate by the Board of Directors
of the Company.

         13. Miscellaneous. This Warrant and any term hereof may be changed,
waived, discharged or terminated only by an instrument in writing signed by the
party against which enforcement of such change, waiver, discharge or termination
is sought. This Warrant shall be governed by and construed in accordance with
the laws of State of Florida without regard to principles of conflicts of laws.
Any action brought concerning the transactions contemplated by this Warrant
shall be brought only in the state courts of Florida or in the federal courts
located in the state of Florida; provided, however, that the Holder may choose
to waive this provision and bring an action outside the state of Florida. The
individuals executing this Warrant on behalf of the Company agree to submit to
the jurisdiction of such courts and waive trial by jury. The prevailing party
shall be entitled to recover from the other party its reasonable attorney's fees
and costs. In the event that any provision of this Warrant is invalid or
unenforceable under any applicable statute or rule of law, then such provision
shall be deemed inoperative to the extent that it may conflict therewith and
shall be deemed modified to conform with such statute or rule of law. Any such
provision which may prove invalid or unenforceable under any law shall not
affect the validity or enforceability of any other provision of this Warrant.
The headings in this Warrant are for purposes of reference only, and shall not
limit or otherwise affect any of the terms hereof. The invalidity or
unenforceability of any provision hereof shall in no way affect the validity or
enforceability of any other provision. The Company acknowledges that legal
counsel participated in the preparation of this Warrant and, therefore,
stipulates that the rule of construction that ambiguities are to be resolved
against the drafting party shall not be applied in the interpretation of this
Warrant to favor any party against the other party.

                                       9

<PAGE>

         IN WITNESS WHEREOF, the Company has executed this Warrant under seal as
of the Date of Issuance set forth below.

                                        EPIXTAR CORP.

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

Date of Issuance:  September 4, 2003

Witness:

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

                                       10
<PAGE>

                                PURCHASE ELECTION

                   (To be signed only on exercise of Warrant)

TO: Epixtar Corp.

The undersigned, pursuant to the provisions set forth in the attached Warrant
(No.W-2003-____), hereby irrevocably elects to purchase (check applicable box):

[ ]   ________ shares of the Common Stock covered by such Warrant; or

[ ]   the maximum number of shares of Common Stock covered by such Warrant
pursuant to the cashless exercise procedure set forth in Section 2.

The undersigned herewith makes payment of the full Exercise Price for such
shares at the price per share provided for in such Warrant, which is
$___________. Such payment takes the form of (check applicable box or boxes):

[ ]   $__________ in lawful money of the United States; and/or

[ ]   the cancellation of such portion of the attached Warrant as is exercisable
for a total of _______ shares of Common Stock (using a Fair Market Value
of $_______ per share for purposes of this calculation); and/or

[ ]   the cancellation of such number of shares of Common Stock as is necessary,
in accordance with the formula set forth in Section 2, to exercise this Warrant
with respect to the maximum number of shares of Common Stock purchaseable
pursuant to the cashless exercise procedure set forth in Section 2.

The undersigned requests that the certificates for such shares be issued in the
name of, and delivered to __________________________ whose address is
_______________________________________________________________.

The undersigned represents and warrants that all offers and sales by the
undersigned of the securities issuable upon exercise of the within Warrant shall
be made pursuant to registration of the Common Stock under the Securities Act of
1933 or pursuant to an exemption from registration under the Securities Act.

Dated:
      -------------------           -----------------------------------------
                                    (Signature must conform to name of holder
                                    as specified on the face of the Warrant)

                                    -----------------------------------------
                                    (Address)

<PAGE>

                                 ASSIGNMENT FORM
                   (To be signed only on transfer of Warrant)

                  For value received, the undersigned hereby sells, assigns, and
transfers unto the person(s) named below under the heading "Transferees" the
right represented by the within Warrant to purchase the percentage and number of
shares of Common Stock of Epixtar Corp. to which the within Warrant relates
specified under the headings "Percentage Transferred" and "Number Transferred,"
respectively, opposite the name(s) of such person(s) and appoints each such
person Attorney to transfer its respective right on the books of Epixtar Corp.
with full power of substitution in the premises.

<TABLE>
<CAPTION>
---------------------------------------- -------------------------------------- --------------------------------------

Transferees                              Percentage Transferred                 Number Transferrred
---------------------------------------- -------------------------------------- --------------------------------------
<S>                                      <C>                                    <C>

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

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

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

---------------------------------------- -------------------------------------- --------------------------------------
</TABLE>

Dated:
      -------------------           -----------------------------------------
                                    (Signature must conform to name of holder
                                    as specified on the face of the Warrant)

Signed in the presence of:

------------------------------      -----------------------------------------
           (Name)                                  (address)

ACCEPTED AND AGREED:
[TRANSFEREE]                        -----------------------------------------
                                                   (address)

-------------------------------
         (Name)

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00064-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00064-of-00352.parquet"}]]