SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13D
Amendment No. 6
(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.
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(Name of Issuer)
Common Stock, par value $.01
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(Title of Class of Securities)
285562500
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(CUSIP Number)
Jay L. Hack
Gallet Dreyer & Berkey, LLP
845 Third Avenue
New York, New York 10022 -6601
212-935-3131
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
November 5, 2007
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(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
[ ].
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
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1 NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Melvin Laufer
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS:
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7 SOLE VOTING POWER: 650,033
NUMBER OF ----------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY ----------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 650,033
REPORTING
PERSON ----------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
650,033
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.4%
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14 TYPE OF REPORTING PERSON: IN
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2
This amendment amends a Schedule 13D of Melvin Laufer filed on July 9, 2003, as
previously amended by Amendment 1 filed on August 11, 2003, Amendment 2 filed on
September 12, 2003, Amendment 3 filed January 8, 2004, Amendment 4 filed on
September 7, 2004 and Amendment 5 filed on August 14, 2007 (together, the
"Schedule"). Items 2, 3 and 5 of the Schedule are amended as set forth below to
reflect the purchase of additional shares of stock of the Issuer. Other than as
set forth below, to the best knowledge of the Reporting Person, there has been
no material change in Items 1, 4, 6 or 7 of the Schedule.
This amendment is being filed voluntarily to report purchases of additional
shares of the issuer aggregating less than 1% of the shares of the issuer
outstanding. The filing of this amendment should not be deemed an admission by
the reporting person that a purchase of the additional shares reported herein
represents a material change in his ownership.
Amendment of Item 2. Identity and Background.
The address of R. L. Plastics, Inc. has changed. The current address is 106-24
Avenue D, Brooklyn, New York 11236.
Amendment of Item 3. Source and Amount of Funds or Other Consideration
The additional acquired since the filing of Amendment No. 6 were purchased for
an aggregate purchase price of $693,230.35 using personal funds.
Amendment of Item 5. Interest in Securities of the Issuer
At November 5, 2007, the aggregate number of shares beneficially owned by Mr.
Laufer was 650,033 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 in
the last 60 days. All the following transactions were completed through brokers
on the open market.
Aggregate
Number of Purchase Purchase Price
Shares Price Without
Purchased Per Share Trade Date Commission
--------- --------- ---------- --------------
100 $ 12.700 10/26/2007 $ 1,270.00
100 $ 12.700 10/26/2007 $ 1,270.00
100 $ 12.670 10/26/2007 $ 1,294.00
200 $ 12.700 10/26/2007 $ 2,540.00
200 $ 12.700 10/26/2007 $ 2,567.00
200 $ 12.750 10/26/2007 $ 2,577.00
800 $ 12.750 10/26/2007 $ 10,200.00
100 $ 12.700 10/26/2007 $ 1,270.00
200 $ 12.700 10/26/2007 $ 2,540.00
94 $ 12.400 10/23/2007 $ 1,192.60
900 $ 12.610 10/23/2007 $ 11,376.00
3
Aggregate
Number of Purchase Purchase Price
Shares Price Without
Purchased Per Share Trade Date Commission
--------- --------- ---------- --------------
700 $ 12.530 10/22/2007 $ 8,771.00
100 $ 12.530 10/22/2007 $ 1,280.00
400 $ 12.390 10/19/2007 $ 4,956.00
100 $ 12.390 10/19/2007 $ 1,239.00
100 $ 12.420 10/19/2007 $ 1,269.00
500 $ 12.180 10/19/2007 $ 6,117.00
1500 $ 12.260 10/19/2007 $ 18,417.00
42 $ 12.390 10/19/2007 $ 547.38
300 $ 12.490 10/19/2007 $ 3,747.00
100 $ 12.520 10/19/2007 $ 1,279.00
100 $ 12.530 10/19/2007 $ 1,253.00
200 $ 12.420 10/19/2007 $ 2,484.00
300 $ 12.490 10/19/2007 $ 3,774.00
400 $ 12.490 10/19/2007 $ 4,996.00
100 $ 12.190 10/18/2007 $ 1,246.00
100 $ 12.180 10/18/2007 $ 1,218.00
100 $ 12.180 10/18/2007 $ 1,245.00
100 $ 12.190 10/18/2007 $ 1,219.00
100 $ 12.200 10/18/2007 $ 1,220.00
1 $ 12.200 10/18/2007 $ 39.20
1800 $ 12.190 10/18/2007 $ 21,942.00
100 $ 11.900 10/17/2007 $ 1,190.00
200 $ 11.910 10/17/2007 $ 2,382.00
100 $ 11.900 10/17/2007 $ 1,217.00
355 $ 11.880 10/17/2007 $ 4,217.40
100 $ 11.880 10/17/2007 $ 1,215.00
100 $ 11.970 10/17/2007 $ 1,197.00
50 $ 11.970 10/17/2007 $ 625.50
300 $ 11.970 10/17/2007 $ 3,591.00
100 $ 11.910 10/17/2007 $ 1,218.00
1500 $ 11.880 10/17/2007 $ 17,820.00
300 $ 11.850 10/16/2007 $ 3,555.00
100 $ 11.850 10/16/2007 $ 1,212.00
100 $ 11.850 10/16/2007 $ 1,185.00
50 $ 11.670 10/16/2007 $ 610.50
300 $ 11.830 10/16/2007 $ 3,549.00
100 $ 11.830 10/16/2007 $ 1,210.00
100 $ 11.850 10/16/2007 $ 1,185.00
100 $ 11.850 10/16/2007 $ 1,185.00
100 $ 11.850 10/16/2007 $ 1,185.00
100 $ 11.850 10/16/2007 $ 1,185.00
300 $ 11.850 10/16/2007 $ 3,582.00
100 $ 11.850 10/16/2007 $ 1,185.00
100 $ 11.850 10/16/2007 $ 1,212.00
100 $ 11.800 10/15/2007 $ 1,180.00
100 $ 11.800 10/15/2007 $ 1,180.00
100 $ 11.650 10/15/2007 $ 1,192.00
4
Aggregate
Number of Purchase Purchase Price
Shares Price Without
Purchased Per Share Trade Date Commission
--------- --------- ---------- --------------
100 $ 11.790 10/15/2007 $ 1,206.00
200 $ 11.800 10/15/2007 $ 2,360.00
100 $ 11.800 10/15/2007 $ 1,207.00
100 $ 11.800 10/15/2007 $ 1,180.00
200 $ 11.800 10/15/2007 $ 2,360.00
477 $ 11.680 10/12/2007 $ 5,598.36
400 $ 11.750 10/12/2007 $ 4,700.00
100 $ 11.750 10/12/2007 $ 1,202.00
100 $ 11.680 10/11/2007 $ 1,168.00
2500 $ 11.700 10/11/2007 $ 29,250.00
36 $ 11.680 10/11/2007 $ 447.48
100 $ 11.580 10/11/2007 $ 1,185.00
100 $ 11.580 10/11/2007 $ 1,158.00
100 $ 11.700 10/11/2007 $ 1,170.00
2300 $ 11.580 10/11/2007 $ 26,634.00
100 $ 11.580 10/11/2007 $ 1,158.00
400 $ 11.580 10/11/2007 $ 4,632.00
100 $ 11.700 10/11/2007 $ 1,170.00
100 $ 11.700 10/11/2007 $ 1,197.00
100 $ 11.520 10/10/2007 $ 1,179.00
1900 $ 11.550 10/10/2007 $ 21,972.00
3200 $ 11.540 10/9/2007 $ 36,928.00
100 $ 11.550 10/9/2007 $ 1,155.00
100 $ 11.550 10/9/2007 $ 1,155.00
100 $ 11.540 10/9/2007 $ 1,154.00
800 $ 11.540 10/9/2007 $ 9,232.00
100 $ 11.540 10/9/2007 $ 1,154.00
100 $ 11.540 10/9/2007 $ 1,154.00
100 $ 11.540 10/9/2007 $ 1,154.00
100 $ 11.540 10/9/2007 $ 1,154.00
100 $ 11.350 10/9/2007 $ 1,162.00
100 $ 11.540 10/9/2007 $ 1,181.00
100 $ 11.540 10/9/2007 $ 1,154.00
100 $ 11.540 10/9/2007 $ 1,154.00
100 $ 11.540 10/9/2007 $ 1,154.00
100 $ 11.540 10/9/2007 $ 1,154.00
200 $ 11.560 10/9/2007 $ 2,312.00
700 $ 11.560 10/9/2007 $ 8,092.00
14 $ 11.560 10/9/2007 $ 161.84
300 $ 11.560 10/9/2007 $ 3,495.00
200 $ 11.520 10/9/2007 $ 2,331.00
486 $ 11.560 10/9/2007 $ 5,618.16
2300 $ 11.560 10/9/2007 $ 26,588.00
100 $ 11.540 10/9/2007 $ 1,154.00
100 $ 11.540 10/9/2007 $ 1,154.00
100 $ 11.540 10/9/2007 $ 1,154.00
100 $ 11.540 10/9/2007 $ 1,154.00
5
Aggregate
Number of Purchase Purchase Price
Shares Price Without
Purchased Per Share Trade Date Commission
--------- --------- ---------- --------------
200 $ 11.550 10/9/2007 $ 2,310.00
100 $ 11.550 10/9/2007 $ 1,155.00
100 $ 11.550 10/9/2007 $ 1,155.00
100 $ 11.350 10/8/2007 $ 1,135.00
50 $ 11.110 10/8/2007 $ 582.50
2800 $ 11.350 10/8/2007 $ 31,780.00
100 $ 11.350 10/8/2007 $ 1,162.00
530 $ 10.300 9/24/2007 $ 5,486.00
420 $ 10.300 9/24/2007 $ 4,326.00
100 $ 10.180 9/19/2007 $ 1,045.00
300 $ 10.180 9/19/2007 $ 3,054.00
160 $ 10.200 9/19/2007 $ 1,632.00
440 $ 10.200 9/19/2007 $ 4,515.00
200 $ 9.980 9/6/2007 $ 2,023.00
100 $ 10.020 9/5/2007 $ 1,002.00
100 $ 10.010 9/5/2007 $ 1,028.00
800 $ 10.260 9/5/2007 $ 8,208.00
100 $ 10.260 9/5/2007 $ 1,053.00
100 $ 10.260 9/5/2007 $ 1,026.00
100 $ 10.013 9/5/2007 $ 1,001.25
200 $ 10.020 9/5/2007 $ 2,030.98
200 $ 9.870 9/5/2007 $ 2,001.00
500 $ 10.014 9/5/2007 $ 5,007.00
500 $ 10.020 9/5/2007 $ 5,010.00
100 $ 10.020 9/5/2007 $ 1,002.00
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: November 5, 2007
/s/ Melvin Laufer
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Melvin Laufer
6