-----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, Q+n/eA9126PhnIRyWuuuZMTugn9aQWVlZa35bi9yy/k4MdoSdeQnVLxEV5Z+OX17 eVgxrEGjNlGkOjAJCHge/w== 0001024739-98-000356.txt : 19980408 0001024739-98-000356.hdr.sgml : 19980408 ACCESSION NUMBER: 0001024739-98-000356 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980407 SROS: NASD 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 13G SEC ACT: SEC FILE NUMBER: 005-40960 FILM NUMBER: 98588694 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RICH MICHAEL CENTRAL INDEX KEY: 0000908403 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 3 STAG COURT CITY: SUFFERN STATE: NY ZIP: 10901 BUSINESS PHONE: 9143545808 MAIL ADDRESS: STREET 1: 3 STAG COURT CITY: SUFFERN STATE: NY ZIP: 10901 SC 13G 1 SCHEDULE 13G ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 5)* Electronic Clearing House Inc. ------------------------------------------------------ (Name of Issuer) Common Stock ------------------------------------------------------ (Title of Class of Securities) 285562203 ------------------------------------------------------ (CUSIP Number) Check the following box if a fee is being paid with this statement | |. (A fee is not required only if the filing 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 thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) The information required in 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 ("Act") 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). - ---------- *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 the disclosures provided in a prior cover page. ================================================================================ CUSIP No. 13G Page 1 of 4 Pages - -------------------------------------------------------------------------------- (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Michael A. Rich - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) | | (b) | | - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER PERCENT OF CLASS 574,500 3.84% ------------------------------------------------------ NUMBER OF SHARES (6) SHARED VOTING POWER PERCENT OF CLASS BENEFICIALLY OWNED 287,500 1.92% BY EACH ------------------------------------------------------ REPORTING PERSON (7) SOLE DISPOSITIVE POWER PERCENT OF CLASS WITH 574,500 3.84% ------------------------------------------------------ (8) SHARED DISPOSITIVE POWER PERCENT OF CLASS 287,500 1.92% - -------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 862,000 - -------------------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* | | - -------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.76% - -------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT Page 2 of 4 Pages Item 1. (a) Name of Issuer: Electronic Clearing House Inc. (b) Address of Issuer's Principal Executive Offices: 28001 Dorothy Drive Agoura Hills, CA 91301-2697 Item 2. (a) Name of Person Filing: Michael A. Rich (b) Address of Principal Business Office: 3 Stag Court Suffern, New York 10901 (c) Citizenship: Michael A. Rich is a United States Citizen (d) Title of Class of Securities: Common stock (e) CUSIP Number: 285562203 Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a: Not applicable. Page 3 of 4 Pages Item 4. Ownership. (a) Amount Beneficially Owned: Michael A. Rich beneficially owns 862,000 shares of the common stock of the issuer, which shares are registered in the name of said reporting person and certain members of his family as follows: Number of Shares Percentage of Shares Name of Common Stock of Common Stock ---- --------------- --------------- Michael A. Rich 170,800 1.140% Minette Rich (spouse of reporting person) 94,600 0.632% Michael A. Rich & Minette Rich, as joint tenants 8,000 0.053% Michael A. Rich, IRA 384,100 2.564% Michael A. Rich, SEP 19,600 0.131% Minette Rich, IRA 73,500 0.491% Elizabeth Rich (daughter of reporting person) 20,800 0.139% Eric Rich (son of reporting person) 20,800 0.139% Tracey Rich (daughter of reporting person) 20,800 0.139% Rich Family Partnership, L.L.C. 49,000 .327% ------- ----- Total 862,600 5.755% (b) Percent of Class: Michael A. Rich beneficially owns 3.84% of the issued and outstanding shares of the Common Stock of the issuer. (c) Number of Shares as to which such person has: (i) Sole power to vote or to direct the vote: 574,500 shares of common stock. (ii) Shared power to vote or to direct the vote: 287,500 shares of common stock. (iii) Sole power to dispose or to direct the disposition of: 574,000 shares of commone stock. (iv) Shared power to dispose or to direct the disposition of: 287,599 shares of common stock. Item 5. Ownership of Five Percent or Less of a Class: Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person: Not applicable. Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company: Not applicable. Item 8. Identification and Classification of Members of the Group: Not applicable. Item 9. Notice of Dissolution of Group: Not applicable. Page 4 of 4 Pages Item 10. Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose of effect. SIGNATURE 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. Date: Janaury 22, 1998 --------------------------- Signature: /s/ Michael A. Rich --------------------------- Name: Michael A. Rich --------------------------- -----END PRIVACY-ENHANCED MESSAGE-----