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)
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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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September
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- 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 Kempenich
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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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NA
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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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1,858,333
shares of common stock through Mr. Kempenich’s holding of Series B
Convertible Preferred Stock of Purchase Point Media Corporation
(PPMC),
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
1,858,333
shares of common stock through Mr. Kempenich’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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Steven
Kempenich
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(b)
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15
Marmil Dr.
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Easton
CT 06612
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(c)
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Chief
Executive Officer, Purchase Point Media Corporation
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(d)
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NA
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(e)
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On
February 25, 2004, Mr. Kempenich consented without admitting or
denying
guilt to a NYSE hearing panel finding that he accepted a post-execution
trade into a firm account that was deemed by the NYSE panel as
improper.
As a result, the NYSE imposed, which Mr. Kempenich consented to,
a penalty
of a censure, two-month bar and an undertaking to cooperate with
the NYSE
in connection with any disciplinary proceeding arising from this
matter.
The SEC and the NASD did not pursue any action regarding this
matter.
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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.
Kempenich owns beneficially 1,858,333 shares of common stock
through Mr.
Kempenich’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.
Kempenich has the sole power to dispose of 1,858,333 shares of
common
stock through Mr. Kempenich’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/
Steven Kempenich
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Steven
Kempenich
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