Re: I changed my cab to stereo and..
If it was 8 ohms mono then chances are it's 4 ohms per side stereo. The standard way of wiring is with all 4 speakers run as mono, they are wired series/parallel, with a total impedence equal to the speakers' rating (8 ohms in this case). When split in stereo, each side (left and right pair) is wired in parallel (2 x 8 ohms parallel = 4 ohms).
I'm not sure how Avatar wires it's 4-12s, but if it was me, I would run the series connections on each side, then parallel the jacks. That would make it 16 ohms on each side. It's much easier to wire the jacks in parallel than in series. In fact, if it is an Avatar cabinet (judging by my 2-12 Avatars), they probably just have standard 2 conductor jacks, you can't wire them in series, they pretty much have to be parallel (unless I'm thinking really slow right now, it happens).
In other words, I still don't have enough info to make the call.
As Erik said, you're still running in mono so you didn't change anything. Hook the cabinet back up the way it was and use your 8 ohm setting on your amp.
Your amp may be fine, again, hard to tell. If it does smell like it's burning when you get everything hooked up right again, take it to a tech. It's possible you only cut one of 2 wires or something (there should have been 2 wires between the jacks, not just one) and shorted the 2 output jacks together. Again, hard to do any real diagnosis from your description.