DEFA14A 1 doc1.txt SCHEDULE 14A INFORMATION REQUIRED IN PROXY STATEMENT DEFINITIVE PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 [x] Filed by the Registrant [ ] Filed by a Party other than the Registrant Check the appropriate box: [ ] Preliminary Proxy Statement [ ] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) [ ] Definitive Proxy Statement [X ] Definitive Additional Materials [ ] Soliciting Material Pursuant to Sec.240.14a-11(c) or Sec.240.14a-12 VILLAGEWORLD.COM, INC. Name of Registrant as Specified in its Charter (Name(s) of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): [x] No fee required. [ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11 (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed aggregate value of transaction: (5) Total fee paid: [ ] Fee paid previously with preliminary materials. [ ] Check box if any part of the fee is offset as provided by Exchange Act Rule 09-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: VILLAGEWORLD.COM, INC. 620 JOHNSON AVENUE BOHEMIA, NEW YORK 11716 ADDENDUM TO PROXY STATEMENT FOR THE ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON JUNE 27, 2002 Villageworld.Com, Inc. is filing the additional proxy materials below, consisting of Equity Compensation Plan Information in tabular form with related footnotes, to comply with Securities and Exchange Commission Release No. 33-8048. This information should be read in conjunction with the compensation tables and related disclosures presented on pages 8 through 11 as well as Proposal 3, presented on pages 13 through 19 of the Company's Definitive Proxy Statement included herewith. EQUITY COMPENSATION PLAN INFORMATION AS OF MAY 24, 2002 * ---------------------------------------------------------
PLAN CATEGORY . . . . . . . . . NUMBER OF WEIGHTED- NUMBER OF SECURITIES (AND FINANCIAL. . . . . . . . . SECURITIES TO BE AVERAGE REMAINING AVAILABLE FOR STATEMENT FOOTNOTE. . . . . . . ISSUED UPON EXERCISE FUTURE ISSUANCE UNDER CROSS REFERENCE IN. . . . . . . EXERCISE OF PRICE OF EQUITY COMPENSATION ANNUAL REPORT ON. . . . . . . . OUTSTANDING OUTSTANDING PLANS (EXCLUDING FORM 10-KSB . . . . . . . . . . OPTIONS, WARRANTS OPTIONS, WARRANTS SECURITIES REFLECTED INCLUDED HEREWITH). . . . . . . AND RIGHTS AND RIGHTS IN COLUMN (A) (A). . . . . . . . .(B) (C) Equity compensation plans approved by security holders: 1996 Plan (11A) . . . . . . . . 60,012 $ 7.13 None 1998 Equity Plan (11A). . . . . 100,000 1.00 None -------- -------- Total pursuant to approved plans . . . . . . . . 160,012 3.30 None -------- -------- Equity compensation plans not approved by security holders: Severance grant (11A) . . . . . 45,000 .64 None Placement Agent and Other Warrants (11B) . . . . 715,667 1.73 None -------- ------- Total pursuant to non-approved plans . . . . . .760,667 1.67 None -------- ------- Total all plans . . . . . . . 920,679 $ 1.95 None ======== =======
Options to acquire 290,000 common shares exercisable at $.01 per share as disclosed in Notes 9A and 9B to the Company's consolidated financial statements are not included herein as the shares underlying such options are treated as outstanding in the Company's financial statements. * The closing bid price of the Company's common stock on May 24, 2002 was $.15.