FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Simon David J.
2. Issuer Name and Ticker or Trading Symbol

SCHIMATIC CASH TRANSACTIONS NETWORK COM INC [ SCTN ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Executive Officer
(Last)          (First)          (Middle)

2127 FOXBORO COURT
3. Date of Earliest Transaction (MM/DD/YYYY)

12/29/2000
(Street)

MISHAWAKA, IN 46545
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   12/29/2000     G (1)    10000   D $0   1990628   D    
Common Stock   12/29/2000     G (1)    5000   D $0   1985628   D    
Common Stock   12/29/2000     G (1)    3000   D $0   1982628   D    
Common Stock   12/29/2000     G (1)    4000   D $0   1978628   D    
Common Stock   12/29/2000     G (1)    4000   D $0   1974628   D    
Common Stock   12/29/2000     G (1)    4000   D $0   1970628   D    
Common Stock   12/29/2000     G (1)    5000   D $0   1965628   D    
Common Stock   5/8/2001     M    1992211   A $0.13   3957839   D    
Common Stock   5/8/2001     M    3007789   A $0.13   6965628   D    
Common Stock   12/28/2001     M    60000   A $0.13   7025628   I   by wife  
Common Stock   2/20/2003     G (1)    100000   D $0   6925628   D    
Common Stock   2/20/2003     G (1)    25000   D $0   6900628   D    
Common Stock   2/20/2003     G (1)    10000   D $0   6890628   D    
Common Stock   11/26/2003     A    1254545   A $0.06   8145173   D    
Common Stock   11/26/2003     G (1)    180000   D $0   7965173   D    
Common Stock   11/26/2003     G (1)    180000   D $0   7785173   D    
Common Stock   11/26/2003     G (1)    180000   D $0   7605173   D    
Common Stock   11/26/2003     G (1)    180000   D $0   7425173   D    
Common Stock   11/26/2003     G (1)    180000   D $0   7245173   D    
Common Stock   11/26/2003     G (1)    180000   D $0   7065173   I   by wife  
Common Stock   8/15/2004     G (1)    10000   D $0   7055173   I   by wife  
Common Stock   11/12/2004     A    1618304   (2) A $0.056   8673477   D    
Common Stock   11/12/2004     A    2055000   A $0.1   10728477   D    
Common Stock   11/12/2004     A    3500000   A $0.05   14228477   D    
Common Stock   11/12/2004     A    5750000   A $0.05   19978477   D    
Common Stock   11/12/2004     M    2000000   A $0.05   21978477   I   by wife  
Common Stock   11/12/2004     M    2000000   A $0.05   23978477   I   by wife  
Common Stock   11/12/2004     M    39063   A $0.128   24017540   I   by wife  
Common Stock   11/12/2004     A    1500000   A $0.05   25517540   I   by wife  
Common Stock   11/12/2004     A    1500000   A $0.05   27017540   I   by wife  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy)   $0.13   1/13/2000        60000       1/13/2000   1/13/2000   Common Stock   60000   $0   6838000   I   by wife  
Employee Stock Option (right to buy)   $0.13   5/8/2001           1778000    11/1/1998   11/1/2008   Common Stock   1778000   $0   5060000   D    
Employee Stock Option (right to buy)   $0.13   5/8/2001           1992211    11/1/1998   11/1/2008   Common Stock   1992211   $0   3067789   D    
Employee Stock Option (right to buy)   $0.13   5/8/2001           3007789    11/1/1998   11/1/2008   Common Stock   3007798   $0   60000   D    
Employee Stock Option (right to buy)   $0.1   7/1/2001        2055000       7/1/2001   7/1/2011   Common Stock   2055000   $0   2115000   D    
Employee Stock Option (right to buy)   $0.128   8/16/2001        39063       8/16/2001   5/1/2011   Common Stock   39063   $0   2154063   I   by wife  
Employee Stock Option (right to buy)   $0.13   12/27/2001           60000    1/13/2000   1/13/2000   Common Stock   60000   $0   2094063   I   by wife  
Employee Stock Option (right to buy)   $0.05   8/1/2002        2000000       8/1/2003   8/1/2008   Common Stock   2000000   $0   4094063   I   by wife  
Employee Stock Option (right to buy)   $0.05   12/20/2002        12000000       12/20/2002   12/31/2009   Common Stock   12000000   $0   16094063   D    
Employee Stock Option (right to buy)   $0.05   7/28/2003        2000000       8/1/2003   8/1/2008   Common Stock   2000000   $0   18094063   I   by wife  
Employee Stock Option (right to buy)   $0.1   11/12/2004           2055000    7/1/2001   7/1/2011   Common Stock   2055000   $0   16039063   D    
Employee Stock Option (right to buy)   $0.05   11/12/2004           4000000    8/1/2003   8/1/2008   Common Stock   4000000   $0   12039063   I   by wife  
Employee Stock Option (right to buy)   $0.128   11/12/2004           39063    8/16/2001   5/1/2011   Common Stock   39063   $0   12000000   I   by wife  
Employee Stock Option (right to buy)   $0.05   3/9/2007           12000000    12/20/2002   12/31/2009   Common Stock   12000000   $0   0   D    

Explanation of Responses:
( 1)  Giftee received beneficial ownership of the gifted shares on the transaction date, while certificates for the gifted shares weren't actually received until March 2007.
( 2)  These transactions involved dispositions from the issuer in settlement of certain rights granted in July 2002.

Remarks:
1 of 4

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Simon David J.
2127 FOXBORO COURT
MISHAWAKA, IN 46545
X
Chief Executive Officer

Signatures
David J. Simon 3/5/2008
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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