SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
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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)
(Amendment
No. 1)
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Purchase
Point Media Corporation
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(Name
of Issuer)
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Common
Stock, no par
value
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(Title
of Class of Securities)
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74614K
10 8
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(CUSIP
Number)
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Michael
Paige
Jackson
& Campbell, P.C.
1120
20th
Street, NW
Washington,
DC 20036
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(Name,
Address and Telephone Number of Person Authorized to
Receive
Notices and Communications)
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May
14, 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- l (e), 13d-l (f) or 13d- l
(g), check the following box. o
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.
*
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).
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CUSIP
No.
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74614K
10 8
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1. Names
of Reporting Persons
I.R.S.
Identification Nos. of above persons (entities
only)
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Steve Rubakh
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2. Check
the Appropriate Box if a Member of a Group*
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(a) o
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(b)
x
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3.
SEC
Use Only
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4. Source
of Funds*
PF
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5.
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items
2(d) or
2(e)
o
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6.
Citizenship
or Place of Organization
U.S.
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Number
of Shares Beneficially Owned by Each Reporting
Person
With
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7.
Sole
Voting Power
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60,000,000
shares of common stock of Purchase Point Media Corporation (PPMC)owned
directly.
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8.
Shared
Voting Power
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NA
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9.
Sole
Dispositive Power
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60,000,000
shares of common stock of PPMC owned directly; and an additional
4,028,000
shares of common stock through Mr. Rubakh’s holding of Series B
Convertible Preferred Stock, which preferred shares are automatically
converted into common stock upon effectiveness of the PPMC 1-for-20
reverse stock split of PPMC’s common stock.
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10. Shared
Dispositive Power
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NA
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11.
Aggregate
Amount Beneficially Owned by Each Reporting Person
60,000,000
shares of common stock of PPMC owned directly; and an additional
4,028,000
shares of common stock through Mr. Rubakh’s holding of Series B
Convertible Preferred Stock, which preferred shares are automatically
converted into common stock upon effectiveness of the PPMC 1-for-20
reverse stock split of PPMC’s common stock.
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12.
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares*
o
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13. Percent
of Class Represented by Amount in Row (11)
%
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14.
Type
of Reporting Person*
IN
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*SEE
INSTRUCTIONS BEFORE FILLING
OUT!
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(a)
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Steve
Rubakh
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(b)
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6950
Central Highway
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Pennsauken,
NJ 08109
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(c)
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President,
Purchase Point Media Corporation
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(d)
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NA
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(e)
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NA
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(f)
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U.S.
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(a)
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NA
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(b)
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NA
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(c)
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NA
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(d)
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PPMC
plans to change the Board of Directors of PPMC through the
resignation of
three directors and the appointment of three directors to fill
the
vacancies so created.
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(e)
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PPMC
has filed Information Statements with the Securities and Exchange
Commission (SEC) with regard to a proposed 1 for 20 reverse
split of
PPMC’s common stock. PPMC intends to file a further Information
Statement with the SEC with regard to the reverse split and
the change of
our Company’s name to Power Sports Factory, Inc. Following
completion of SEC review of the Information Statement, PPMC
would be able
to mail the Definitive Information Statement to stockholders
and proceed
to make the reverse split and name change
effective.
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(f)
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NA
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(g)
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NA
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(h)
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NA
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(i)
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NA
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(j)
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NA
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(a)
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Mr.
Rubakh owns 60,000,000 shares of common stock of PPMC directly;
and an additional 4,028,000 shares of common stock through Mr.
Rubakh’s
holding of Series B Convertible Preferred Stock, which preferred
shares
are automatically converted into common stock upon effectiveness
of the
PPMC 1-for-20 reverse stock split of PPMC’s common
stock.
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(b)
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Mr.
Rubakh has the sole power to vote 60,000,000 shares ofcommon
stock of PPMC
owned directly.
Mr.
Rubakh has the sole power to dispose of 60,000,000 shares of
common stock
of PPMC owned directly; and an additional 4,028,000 shares
of common stock
through Mr. Rubakh’s holding of Series B Convertible Preferred Stock,
which preferred shares are automatically converted into PPMC
common stock
upon effectiveness of the 1-for-20 reverse stock split of PPMC’s common
stock.
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(c)
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NA
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(d)
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NA
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(e)
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NA
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NA |
NA |
Date:
September
25, 2007
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/s/
Steve Rubakh
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Steve
Rubakh
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