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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13D

                                  AMENDMENT 3

                   UNDER THE SECURITIES EXCHANGE ACT OF 1934

                         ADVANCED MATERIALS GROUP, INC.
--------------------------------------------------------------------------------
                                (Name of Issuer)

                                  COMMON STOCK
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                           COMMISSION FILE NO. 0-16401
--------------------------------------------------------------------------------
                                 (CUSIP Number)

       RICHARD H. PICKUP, 2321 ALCOVA RIDGE DR., LAS VEGAS, NEVADA 89134
                                 (702) 240-5100
--------------------------------------------------------------------------------
                 (Name, Address and Telephone Number of Person
                Authorized to Receive Notices and Communications)

                               OCTOBER 24, 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 Sections 240.13d-1(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 Section 24.13d-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. G 73 4210 7                                          Page 2 of 3 Pages
---------------------                                          -----------------

1    Names of Reporting Persons.
     I.R.S. Identification Nos. of above persons (entities only).

     Richard H. Pickup, an individual - SS - (571-34-7386)
     Dito Devcar, LP, a Nevada limited partnership - I.D. No. 88-0294387
     Dito Caree, LP, a Nevada limited partnership LP, - I.D. No. 88-0302506
     Plus Four Private Equities LP - I.D. No. 20-3069535
     Plus Four Equity Partners LP - I.D. No. 88-0499778
--------------------------------------------------------------------------------
2    Check the Appropriate Box if a Member of a Group*
                                                                           a [X]
                                                                           b [ ]
--------------------------------------------------------------------------------
3    SEC Use Only

--------------------------------------------------------------------------------
4    Source of Funds (See Instructions)

     PF and WC
--------------------------------------------------------------------------------
5    Check Box if Disclosure of Legal Proceedings
     is Required Pursuant to Items 2(d) OR 2(e)                              [ ]

--------------------------------------------------------------------------------
6    Citizenship or Place of Organization

     Richard H. Pickup is an individual residing within and a citizen of the
     United States. Each of the entities was organized under and pursuant to the
     laws of the State of Nevada.
--------------------------------------------------------------------------------
                            7    Sole Voting Power

                                 3,648,845
                            ----------------------------------------------------
     NUMBER OF              8    Shared Voting Power
       SHARES
    BENEFICIALLY                 NONE
      OWNED BY              ----------------------------------------------------
        EACH                9    Sole Dispositive Power
      REPORTING
     PERSON WITH                 3,648,845
                            ----------------------------------------------------
                            10   Shared Dispositive Power

                                 NONE
--------------------------------------------------------------------------------
11   Aggregate Amount Beneficially Owned by Each Reporting Person

     3,648,845
--------------------------------------------------------------------------------
12   Check Box if Aggregate Amount in Row (11) Excludes Certain
     Shares 8 (See Instructions)                                             [ ]

--------------------------------------------------------------------------------
13   Percent of Class Represented by Amount in Row (11)

     30.1%
--------------------------------------------------------------------------------
14   TYPE OF REPORTING PERSON (See Instructions)

     Richard H. Pickup, an individual - IN
     Dito Devcar, LP, a Nevada limited partnership - CO
     Plus Four Equity Partners LP - CO
     Plus Four Private Equities, LP - CO
--------------------------------------------------------------------------------


                                   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 and correct.

October 24, 2006

                                             DITO DEVCAR, L.P.
                                             A Nevada limited partnership

                                             By: Gamebusters, Inc.,
                                                 a Nevada corporation
                                                 Its General Partner

                                             By: /s/ JOSEPH W. MOODY
                                                 -------------------------------
                                                     Joseph W. Moody
                                                     President


                                             DITO CAREE, L.P.
                                             A Nevada limited partnership

                                             By: Gamebusters, Inc.,
                                                 a Nevada corporation
                                                 Its General Partner

                                             By: /s/ JOSEPH W. MOODY
                                                 -------------------------------
                                                     Joseph W. Moody
                                                     President

                                             PLUS FOUR EQUITY PARTNERS LIMITED
                                             PARTNERSHIP.
                                             A Nevada limited partnership

                                             By: Plus Four Management, LLC,
                                             A Nevada limited liability company

                                             Its:    Sole Partner

                                             By: /s/ Todd M. Pickup
                                                 -------------------------------
                                                     Todd M. Pickup, Manager

                                             By: /s/ Joseph W. Moody
                                                 -------------------------------
                                                     Joseph W. Moody, Manager

                                             RICHARD H. PICKUP
                                             /s/ Richard H. Pickup
                                             -----------------------------------
                                             An Individual

                                             PLUS FOUR PRIVATE EQUITIES, LP,
                                             A California limited partnership.

                                             By: Plus Four EP LLC,
                                                 A California limited liability
                                                 company

                                             Its:    Sole General Partner

                                             By: /s/ JOSEPH W. MOODY
                                                 -------------------------------
                                                 Joseph W. Moody,
                                                 Manager





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