-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Fo6czoiXSBm6NUzcUK90awrSb1XFgjpVTEI9+qyl5dBiBTWHR+3Br/8Td3u8Iij1 kTgC9QYjAs66WK7BEitQeQ== 0001019056-03-000591.txt : 20030709 0001019056-03-000591.hdr.sgml : 20030709 20030709124122 ACCESSION NUMBER: 0001019056-03-000591 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030709 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LAUFER MELVIN CENTRAL INDEX KEY: 0001252540 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 998 EAST 35TH ST CITY: BROOKLYN STATE: NY ZIP: 11210 MAIL ADDRESS: STREET 1: 136 BEACH 140TJ STREET CITY: FAR ROCKAWAY STATE: NY ZIP: 11694 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ELECTRONIC CLEARING HOUSE INC CENTRAL INDEX KEY: 0000721773 STANDARD INDUSTRIAL CLASSIFICATION: FUNCTIONS RELATED TO DEPOSITORY BANKING, NEC [6099] IRS NUMBER: 930946274 STATE OF INCORPORATION: NV FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-40960 FILM NUMBER: 03779608 BUSINESS ADDRESS: STREET 1: 28001 DOROTHY DR CITY: AGOURA HILLS STATE: CA ZIP: 91301-2697 BUSINESS PHONE: 8187068999 MAIL ADDRESS: STREET 1: 28001 DOROTHY DRIVE CITY: AGOURA HILLS STATE: CA ZIP: 91301 FORMER COMPANY: FORMER CONFORMED NAME: BIO RECOVERY TECHNOLOGY INC DATE OF NAME CHANGE: 19860122 SC 13D 1 electric_13d.txt SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ------------ SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) Electronic Clearing House Inc. -------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 -------------------------------------------------------------- (Title of Class of Securities) 285562500 -------------------------------------------------------------- (CUSIP Number) Jay L. Hack Todtman, Nachamie, Spizz & Johns, P.C. 425 Park Avenue New York, New York 10022 212-754-9400 -------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) April 8, 2003 -------------------------------------------------------------- (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(e), 13d-1(f) or 13d-1(g), check the following box [ ]. Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent. (1) The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 285562500 - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Melvin Laufer - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER: 297,985 NUMBER OF SHARES ------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH ------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER: 297,985 PERSON WITH ------------------------------------------- 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 297,985 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.13% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - -------------------------------------------------------------------------------- 2 Item 1. Security and Issuer Common Stock, par value $.01 per share of Electronic Clearing House, Inc. Item 2. Identity and Background Name: Melvin Laufer Address: 136 Beach 140th Street, Far Rockaway, NY 11694 Occupation etc.: The reporting person is the President of R.L. Plastics, Inc., a converter, manufacturer and importer of plastic products. The address of R.L. Plastics, Inc. is 998 East 35th Street, Brooklyn, New York 11210. Mr. Laufer has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). Mr. Laufer has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result thereof was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Mr. Laufer is a citizen of the United States. Item 3. Source and Amount of Funds or Other Consideration The shares were purchased by Mr. Laufer out of his personal funds available to him for investment. The aggregate purchase price paid by Mr. Laufer for all shares of the Issuer purchased by him is approximately $1,157,749.05. Item 4. Purpose of Transactions Mr. Laufer acquired beneficial ownership for the purpose of investment. (a) Mr. Laufer intends to continuously review his investment, and may, in the future, determine to: (i) acquire additional securities of the Issuer, through open market purchases, private agreements or otherwise, and (ii) dispose of all or a portion of the securities of the Issuer owned by him. (b)-(j) Mr. Laufer has no current intention to instigate, propose or seek any plan or transaction which would relate to or result in: (b) an extraordinary corporate transaction such as a merger, reorganization or liquidation, involving the issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of assets of the issuer or any of its subsidiaries; (d) any change in the board of directors or management of the issuer, including any plans or proposals to change the number or term of directors of the issuer or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or 3 dividend policy of the issuer; (f) any other material change in the issuer's business or corporate structure; (g) changes in the issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the issuer by any person; or (h) causing a class of securities of the issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of the issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or (j) any action similar to those enumerated above. However, Mr. Laufer reserves the right to re-evaluate his plans and change his intentions with respect to any of these matters at any time. He also reserves the right to take other actions to influence the management of the Issuer should he deem such actions appropriate. Item 5. Interest in Securities of the Issuer At July 7, 2003, the aggregate number of shares beneficially owned by Mr. Laufer was 297,985 shares. Mr. Laufer possesses sole voting and sole dispositive power as to all of those shares. The following table shows all purchases of the Issuer's stock by Mr. Laufer since January 1, 2003. All transactions were completed through brokers on the open market, at prices varying from $1.76 to $4.15 per share. Number of shares Date purchased - ---- --------- 1/2/03 2,000 1/6/03 1,072 1/7/03 1,000 1/8/03 200 1/10/03 200 1/14/03 500 1/15/03 400 1/17/03 1,600 1/21/03 4,000 1/23/03 3,100 1/24/03 500 1/27/03 3,000 1/29/03 100 1/30/03 100 1/31/03 4,000 2/7/03 200 3/7/03 200 3/17/03 200 3/25/03 200 3/26/03 200 3/27/03 200 3/28/03 200 4 Number of shares Date purchased - ---- --------- 3/31/03 500 4/1/03 300 4/8/03 200 4/14/03 200 4/16/03 200 4/28/03 200 4/30/03 200 5/8/03 200 5/13/03 200 5/16/03 200 5/20/03 200 5/21/03 200 5/23/03 200 6/12/03 200 6/13/03 200 6/16/03 200 6/19/03 200 6/20/03 200 6/25/03 400 6/27/03 400 6/30/03 250 7/1/03 3,600 7/2/03 76 Prior to January 1, 2003, there were various purchases made, always in open market transactions through brokers. The first shares were purchased in October 1994. Mr. Laufer has never sold any shares. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer None. Item 7. Material to be Filed as Exhibits None. SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: July 8, 2003 /s/ MELVIN LAUFER ----------------- Melvin Laufer 5 -----END PRIVACY-ENHANCED MESSAGE-----