UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
AMENDMENT No. 5
SCHEDULE 13D
Under the Securities Exchange Act of 1934
eAutoclaims, Inc.
(Name of Issuer)
Common Stock, $0.001 par value
(Title of Class of Securities)
278578
(CUSIP Number)
Christopher G. Korge
Korge & Korge
230 Palermo Avenue
Coral Gables, FL 33134
(305) 444-5630
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
April 30, 2006
(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 240.13d1 (e), 240.13d-1 (f) or 240.13d-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 240.13d-7 for other parties
To whom copies are to be sent.
* 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 ("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).
CUSIP No 278578
1. Name of Reporting Person
Christopher G. Korge
I.R.S. Identification No. of Above Person
2. Check the appropriate Box if a Member of a Group
(a) [ ] (b) [ X ]
3. SEC Use Only
4. Source of Funds
PF
5. Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2 (d) or 2 (e)
[ ]
6. Citizenship or Place of Organization
U.S.A.
Number of Shares Beneficially Owned By Each Reporting Person With
7. Sole Voting Power
Reporting person has voting and dispositive power over
7,332,928 shares of Common Stock.
8. Shared Voting Power
0
9. Sole Dispositive Power
See Item 7 above.
10. Shared Dispositive Power
0
11. Aggregate Amount Beneficially Owned
by Each Reporting Person
7,332,928 Shares of Common Stock
12. Check Box if the Aggregate Amount in row (11) Excludes Certain Shares
[ ]
13. Percent of Class Represented by Amount in Row (11)
9.1% of the voting power of all equity securities of the
Issuer (Based on 80,496,369 shares of Common Stock issued and
outstanding as of April 30, 2006
14. Type of Reporting Person
IN
ITEM 1. SECURITY AND ISSUER.
This statement relates to shares of Common Stock, par value $0.001 per share, of
eAutoclaims, Inc., a Nevada corporation (the "Issuer") having its principal
executive offices at 110 East Douglas Road, Oldsmar, Florida 34677.
ITEM 2. IDENTITY AND BACKGROUND.
This Statement is filed by the following person ("Reporting Person"):
(a) Name: Christopher G. Korge
(b) Business Address: c/o Korge & Korge, 230 Palermo Avenue,
Coral Gables, FL 33134
(c) Principal occupation: Attorney
(d) During the last five years, the Reporting Person has not (i) been
convicted in a criminal proceeding, or (ii) been a party to a
civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding 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.
(e) During the last five years, the Reporting Person has not been a
party to a civil proceeding of a judicial or administrative body
of competent jurisdiction and as a result of such proceeding 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.
(f) USA
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Personal funds
ITEM 4. PURPOSE OF TRANSACTION.
This Reporting Person acquired his interest in the Issuer solely for investment
purposes.
The Reporting Person has no present plans or proposals that relate to or that
would result in any of the following actions:
1. The acquisition by and person of additional securities of the Issuer, or
the disposition of securities of the Issurer;
2. An extraordinary corporate transaction, such as a merger, reorganization or
liquidation, involving the Issuer or any of its subsidiaries;
3. A sale of transfer of a material amount of assets of the Issuer or any of
its subsidiaries;
4. Any material change in the present capitalization or dividend policy of the
Issuer;
5. Any other material change in the Issuer's business or corporate structure;
6. 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 and person;
7. 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;
8. A class of equity securities of the Issuer becoming eligible for
termination of registration pursuant to Section 12(g) (4) of the Act; or
9. Any action similar to any of those enumerated above.
Notwithstanding the above, the Reporting Person may make additional purchases of
Common Stock either in the open market or in private transactions, including the
exercise of warrants, depending on the Reporting Person's evaluation of the
Issuer's business, prospects and financial condition, the market for the Common
Stock, other opportunities available to the Reporting Person, prospects for the
Reporting Person's own business, general economic conditions, money and stock
market conditions and other future developments. Depending on the same factors,
the Reporting Person may decide to sell all or part of his investment in the
Common Stock, although it has no current intention to do so.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) Mr. Korge's ownership consists of (i) 488,090 common shares relating to the
conversion of $300,000 of our convertible debentures, which matured on September
30, 2001 at a conversion price of $0.63, (ii) 522,309 shares issued to him for
his service on the board, (iii) 15,000 shares that he purchased on the open
market, (iv) 107,527 shares purchased from the Company in August 2003, (v)
warrants to acquire up to 1,000,000 shares of our Common Stock at a conversion
price of $0.16 in connection with the issuance of our convertible debentures in
2001, (vi) 892,857 shares of our Common Stock issued in June 2004 in exchange of
a convertible debenture (vii) 892,858 shares of our Common Stock issued as a
result of the Company not meeting certain claims volume targets in March and
August 2005, (viii) 1,785,715 shares of our Common Stock acquired as a result of
the exercising of $0.16 warrants in March 2006, (ix) 1,428,572 warrants to
purchase shares of the Company Stock as part of a warrant exercise program. The
warrants are for three years and have a conversion price of $0.30; and (x)
options to acquire 200,000 shares at exercise prices between $0.13 and $1.75 for
services as a director. This amount excludes unvested options to acquire up to
50,000 common shares at exercise prices of $0.21 to $0.30, which vest through
April 30, 2007.
(b) The Reporting Person has the sole power to vote and to dispose of all shares
of the Common Stock of the Issuer owned by him or it directly.
(c) For his work on the Board of Directors from February 1, 2006 through April
30, 2006, Mr. Korge was issued 17,593 shares of common stock, along with a 5
year option to purchase 12,500 common shares with an exercise price of $0.27 and
which vest in April, 2007. These options are part of the 50,000 unvested options
listed above, and are excluded from the totals.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
Other than as described in Item 5 above, there are no contracts,
arrangements, understandings of relationships (legal or otherwise)
between the Reporting Person and any other person with respect to any
securities of the Issuer, including but not limited to, transfer or
voting of any of the securities of the issuer, finder's fees, joint
ventures, loan or option arrangement, puts or calls, guarantees of
profits, division of profits or loss, or the giving or withholding of
proxies, or a pledge or contingency the occurrence of which would give
another person voting power or investment power over the securities of
the Issuer.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
None
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: May 8, 2006
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/s/ Christopher G. Korge
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Christopher G. Korge