UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. ___ )* Emerging Vision Inc. (Name of Issuer) Common Stock, $.01 Par Value Per Share (Title of Class of Securities) 29089W102000 (CUSIP Number) B.R. Fernandez P. O. Box 221 Brooklyn, NY 11208-0221 (718) 235-0714 (Name, Address and Telephone Number of Person Authorized to Receive Notes and Communications May 31, 2001 (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. Check the following box if a fee is being paid with the statement [ ]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent therto reporting beneficial ownership of fice percent or less of such class.) (See Rule 13d-7). SCHEDULE 13D ================================================ CUSIP NO. 29089W102000 Page __ of __Page ================================================ ------------- ------------------------------------------------------------------ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Horizons Investors Corp. 11-2651913 ------------- ------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) [X] ------------- ------------------------------------------------------------------ 3 SEC USE ONLY ------------- ------------------------------------------------------------------ 4 SOURCE OF FUNDS (See Instructions) WC No funds were expended by the reporting person. ------------- ------------------------------------------------------------------ 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ------------- ------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York State =============================================== ======= ======================= 7 SOLE VOTING POWER NUMBER OF SHARES 1,275,075 ------- ----------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY N/A ------- ----------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING N/A ------- ----------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER N/A ============ =================================================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,275,075 ------------ ------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* ------------ ------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 5% ------------ ------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO ------------ ------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 1 Item 1. Security and Issuer ISEE Emerging Vision Inc. Item 2. Identity and Background Horizons Investors Corp. D--No Orginized NY State 131 Lancaster Street Albany, NY 12210 E--No General Management Consulting Svces. Item 3. Source and Amount of Funds or Other Consideration WC Item 4. Purpose of Transaction Investments in issuer has requested a Board seat. Item 5. Interest in Securities of the Issuer 5% 1,275,075 shares Purchased 347,500 shares in past 60 days at avg. .3019 in the open Market 5 Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer NONE Item 7. Material to be Filed as Exhibits NONE SIGNATURE Horizons Investors Corp. Date: 06/05/20 01 By: /s/ B. R. Fernandez ------------------------ Name: B. R. Fernandez, Title: President 2