Schimatic Technologies, Inc (SCTN)

[Welsh_Dragon]

Nice of them to give 130000 @0.0035 got snapped up

[Double-Down]

Its going to take a minute to hit radars.

[Welsh_Dragon]

I was a little slow saw it down there 0.002 and ended up paying 2x. But so far no sellers.

[Double-Down]

You have to. I hit it @ .0019 and thought that was crazy.

[Welsh_Dragon]

Screw it I hit the ask. We'll see how bad that burns me.

[MACH1]

SO am I.

[Welsh_Dragon]

I'm on the bid @3s

[Double-Down]

Rumor is a Smart Card is ready for release

[Welsh_Dragon]

It's super thin. Ask hits take it up multiple ticks.

[Double-Down]

Hey Welsh, look familiar?

[Double-Down]

Could be an ALZM type run setting up if there are rumors in the pipeline.

[Welsh_Dragon]

Why is this running today?

[Pink]

OOPS, I am glad it was only a few hundred I through away here.

[re485lily]

Where did everyone go?

[re485lily]

Could you please elaborate? Revoked? And explain SC's comment regarding the micro play. I know what this software is capable of.

[SuperC]

EVRM.0027/.004 a strong .0044bid <00>ing

[SuperC]

Here's a FACT in general... too many put WAY to much emphasis on what the MM's are doing and not on WHY they purchased a micro-play in the first place.....

Not just an opinion

sc

[SuperC]

.002/.004

[mkinhaw]

.0005 last???
bid at .002
nevada permanently revoked?
MK

[SuperC]

Yes, jmo, good price to avgdownabit SCTN

[TAonly]

Just wondering if you got some of these cheap shares?

[re485lily]

http://www.contactlessnews.com/2011/10/03/what-happened-to-the-smart-card-os-battle?issue=contactlessnews_20111004

Be sure to read the comments below.

[re485lily]

Tracking 100+ loyalty programs. Hmmmm.
https://www.points.com/

Perhaps the powers that be should have a chat with them.

[SuperC]

Thanks for the news item, very timely. SCTN

[re485lily]

This is exactly what Google needs to enhance their Motorola purchase.
http://investor.google.com/releases/2011/0815.html

[Sentrex1969]

Watching and accumulating...

[SuperC]

Forgot to post this: SCTN >>>>

SCTN.0087 974kvs34_vol10dayavg that's about 28x the 10Day and only up 19% on the 13th. This 10Day Alert also has very interesting and timely innovation.

Schimatic Technologies, Inc

A couple of key sentences within the PDF:

BUSINESS MODEL: The SCTN product was co-developed with the Airos Group (www.airosgroup.com) and IBM™.
http://www.airosgroup.com

One of 5 Target Markets: Money transactions encompassing the full financial spectrum of consumer instruments from debit/credit cards, cashless vending to mobile banking – with a long term strategy of “Banking for All” which includes the unbanked and underbanked.

28x 10Day Alert with very little PPS change.

The 1 month accumulation/distribution of SCTN on 9/6 was a negative 25k, now the A/D is 948k close of business Thursday.

DAILY Chart: Double Click 'image' too enlarge. http://stockcharts.com/c-sc/sc?s=SCTN&p=D&yr=0&mn=6&dy=0&i=p08506448816&a=239185805&r=3166

http://ih.advfn.com/p.php?pid=historical&cb=1264248899&symbol=sctn
____________________________________________________________

You can view as is or open as PDF 'large view': http://www.b2i.us/Profiles/Investor/Investor.asp?BzID=748&from=du&ID=56316&myID=1447&L=I&Validate=3&I=

Since the 2008 downturn in the economy a lot of high tech start ups have had to wait for their ROI.

Does this have anything to do with? http://www.phoenix-tec.com/

Is there a message within the PDF in regards too the next phase of mobile banking that rings a bell?

What is the next hot thing in regards to investors who look for such? These are key elements in discovering 'what's hot', in 'what sector', then moving on too the next sector within changing technologies...

Because of what I've read, including the SCTN thread: http://investorshub.advfn.com/boards/board.aspx?board_id=2286

This is an excellent story of discovery, and a learning tool in future discoveries for the next GEN of products for the future.

http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18631&srchyr=2011&SearchStr=sctn

This is what I'm talking about in regards to a serious change from those who know? http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67059090&txt2find=sctn

52-Wk Range .0023 -.036 which really means nothing at this time...

Also important is too get an update on those following here on iHub: http://investorshub.advfn.com/boards/board.aspx?board_id=2286 there's not a lot of BS here, so read from the latest back to early May of this year..

This is a start position based on technology I feel has a future, could be royalties, could be something more. Volume changes help here too.

Again, I recommend not to skim over anything you read in the above PDF ALLIANCES & LICENSING too......

Weekly Chart, Double Click 'image' to enlarge: http://stockcharts.com/c-sc/sc?s=SCTN&p=W&yr=2&mn=0&dy=0&i=p79737734267&a=243814715&r=3015

Interesting Comment: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66390447&txt2find=sctn

Showing 583million shares out: http://www.otcmarkets.com/stock/SCTN/company-info

Here's my point: We have an excellent 10Day Alert with little to no movement 28x the 10Day plus timely technology in regards to mobile banking as their target market. It's rare that we get a 10Day Alert with this much value added, with an industry change due within a few years in regards too mobile banking. Do I feel positive this technology is a good one? Let's understand the 10Day Alert, then you decide.

Like a larger percentage of 10Day Alerts, don't expect this one to move when YOUR ready! smile

A starter position...

SuperC

[SuperC]

SCTN: This is one of the better 10Day Alerts given the amount of total data accumulation in conjunction with the 10Day.

It's all in the PDF

Thanks again

sc

[ash111]

looks like someone know something, this is a very big buy

[SuperC]

SCTN wowzee... just now noticed, thanks

[ash111]

radar tmr. 840k hit the ask+another 40k hit the the close

[SuperC]

Excellent story behind this one, patent, Phoenix, big names.... I'll buzz afterhours here, more data.

sc

[oowster]

Aug. 23, 2011 -- /PRNewswire/ --

A dynamic loyalty environment with major players

On August 12, 2011, Visa announced plans to take an aggressive step toward curbing credit card fraud in the United States by accelerating the transition to embedded Europay, MasterCard, and Visa (EMV) chips in debit and credit cards. EMV is the global standard for micro-processing chips that are embedded in credit and debit cards to provide additional security and the ability to include other applications such as Loyalty.

AT&T Inc. and Verizon Wireless, the largest U.S. mobile carriers, are planning a venture to displace credit and debit cards with smartphones, posing a new threat to Visa Inc. and MasterCard Inc. Apple and Microsoft, two traditional rivals, partnered with other high tech companies to outbid Google's $4 Billion bid with a $4.5 Billion bid for Nortel patents. Google is spending $12.5 Billion to buy Motorola Mobility, but the big prize isn't Motorola's lineup of cellphones, computer tablets, and cable set-top boxes, it's Motorola's more than 17,000 patents, a crucial weapon in an intellectual arms race with Apple, Microsoft and Oracle to gain more control over the increasingly lucrative market for smartphones, tablets, and other mobile devices.

Google sees its future in mobile payments. It is also looking at other ways to reduce the anti-competitive threats against Android by strengthening its own patent portfolio. On August 18, 2011 Citigroup Inc. announced it has launched a mobile-rewards application with Best Buy Co. Inc. that enables its cardholders to redeem ThankYou rewards. The issuer's free app runs on Apple Inc. iPhone or iPod devices and on smartphones that use Google Inc.'s Android operating system. According to IE Market Research, "NFC has the potential to replace cash and other payment methods, and could account for a third of the $1.1 Trillion global mobile payments market by 2014."

Opportunity for Schimatic Cash Transactions Network.com (SCTN) patented Loyalty Program

Into this global market for EMV compliant smart cards, mobile rewards and patent protection SCTN brings an EMV standard for loyalty on a smart (micro-processing) chip including Smart Cards, Smart Phones, and Near Field Communications (NFC) devices. SCTN's US patent 5,806,045 is described as: "A method and system for allocating and redeeming incentive credits on an integrated microcircuit chip platform." The Company has registered patents in United States, Canada, Mexico, Japan, and Australia. Collectively these patents could enable our company to play the role of game changer in the Mobile Payment and NFC Market space, creating the potential for us to realize a substantial increase in shareholder value.

Contact us

Call [phone] or [phone], or email [e-mail] for more information.

About Schimatic Inc. (Schimatic) based in Las Vegas, Nevada trades under the symbol SCTN. Schimatic is doing business as Smart Chip Technologies (SCTN) LLC. SCTN is a patent licensing company engaged in the research, development, and integration of proprietary processes incorporating smart software technologies for the electronic payment industry. Our mission is "Licensing loyalty for rewarding solutions." www.sctn.com

Forward Looking Statement

Safe Harbor Statements under the Private Securities Litigation Reform Act of 1995: with the exception of historical information, the statements set forth above include forward looking statements that may involve risk and uncertainties. Actual results may differ materially from the results predicated and reported results should not be considered as an indication of future performance.

SOURCE SCTN

[oowster]

Thanks. I couldn't make heads or tails from it.

The other news letter said the R&D is absorbed by another company with SCTN getting royalties. Maybe if a cash rich company wants to standardise or include SCTN's tech, warrants to buy x number of shares at this price could be used instead of preferreds. That would be a win/win for all involved.

[re485lily]

Since the Menalco suit has been repealed, the company has a fighting chance. I always believed in the product, that is why I invested in it 6-7 years ago. I was a manager for Cellular One, knew what was coming technology wise, and the time is now. Literaly, the SCTN capability could give Google the leading edge they are looking for. The company needs the money for the talent to make that happen. So for as frustrated as I have been with the length of time for them to get off the ground, and keeping in mind they are one of the few penny stocks still breathing after this much time, I hope they come up with the capital soon so they can make this happen. I spoke to Mac the other day and I know they have options, but he doesn't want to give away the store, so to speak.

[oowster]

You beat me to it. In its whole...


Aug 19, 2011
News that SCTN stockholders have been waiting for has finally arrived in the US:
Rollout of EMV smart chips in debit and credit cards opens a loyalty market for SCTN US Patent 5,806,045

The following is the current loyalty environment behind our strategy in exploiting market opportunities:

On August 12th, 2011, Visa announced plans to take an aggressive step toward curbing credit card fraud in the United States by accelerating the transition to embedded EMV (Europay, MasterCard, and Visa) chips in debit and credit cards. EMV is the global standard for micro-processing chips that are embedded in credit and debit cards to provide additional security and the ability to include other applications such as Loyalty.


AT&T Inc. and Verizon Wireless, the largest U.S. mobile carriers, are planning a venture to displace credit and debit cards with smartphones, posing a new threat to Visa Inc. and MasterCard Inc.

Apple and Microsoft, two traditional rivals, partnered with other high tech companies to outbid Google’s $900 Million bid with a $4.5 Billion bid for Nortel patents.

Google is spending $12.5 Billion to buy Motorola Mobility. But the big prize isn't Motorola's lineup of cellphones, computer tablets and cable set-top boxes. It's Motorola's more than 17,000 patents — a crucial weapon in an intellectual arms race with Apple, Microsoft and Oracle to gain more control over the increasingly lucrative market for smartphones, tablets and other mobile devices.

Opportunity for Handheld Portable Devices, Smart Cards, Smart Phones, and Near Field Communications (NFC) Devices

The announcements continue to come almost on a daily basis. SCTN brings an EMV standard for loyalty on a smart (micro-processing) chip which may enable the Company to play the role of “King-Maker” in the Mobile Payment and NFC Marketspace.

Google is an advertising and marketing company that sees its future in mobile payments which require a smart phone, or to use the SCTN patent terminology, a handheld portable device. Google wants to go local, and point-of-sale is their targeted location. We can use our software in the types of loyalty applications which will be downloaded onto these ubiquitous handheld portable devices including smart cards, mobile phones and the NFC devices which are going to accelerate the new streams of commerce.

What IE Market Research had to say about the future of Near Field Communications NFC

"NFC has the potential to replace cash and other payment methods, and could account for a third of the $1.1 Trillion global mobile payments market by 2014."

We have tremendous opportunities now that the July 7, 2011 TII/Menalco/Procco Amended Agreement is final. My next letter will address what the company has accomplished with this Agreement.

For further information, contact us

We need funding to exploit these exciting and lucrative opportunities. If you are interested in funding our growth and expansion, please call me at [phone], or email me at [e-mail] or at [e-mail] to arrange a time to discuss it.

Sincerely,
Bernard F. McHale
Bernard "Mac" McHale, CEO and Chairman
email: [e-mail]
phone: [phone]
What do you think?




Disclaimer:
Any statements contained in this document that do not describe historical facts may constitute forward looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties.


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I got to thinking that the ease at which credit card numbers etc... are hacked per news stories, those numbers could be weaponized if fraudulently used in mass in conjunction with other assorted attacks. Hopefully SCTN can put a block to such an opening.

Sounds like the next conveyance may be a briefing on SCTN's inclusion in the system.

[re485lily]

Did you get the latest message from the company?

[oowster]

When I click this site it shows my name as the moderator. Maybe I clicked it by mistake and added myself or only shows up on my screen. When ones computer is linked to the mods spot it has tools to add info about that co. That's where other stocks get their previews from. Some people go hog wild with it and even twist things around some. ex...leaving stuff out.

With this, enough info is found on SCTN's page and post it from time to time although it's like talking to myself.

I have no idea where this one will trade at. Either expectations are priced in or any confirmation of new patents, royalties and doors opening mentioned will be needed to move this.

I've had this on and off since the 90's. It seems to come to life once and awhile. Glad their litigation is resolved and can be of use within the evolving electronic business standards if only regional so far.

[re485lily]

Hi Oowster,

I read your last post and am trying to figure out what you are talking about as far as the moderator? Also what are you talking about with regard to building a DD preview? This is all Greek to me! It sounds like we are in agreement that the horizons need to broadened to get news regarding SCTN, etal out there. I would be a very happy girl if it went to where you have your sale at. Even happier at the 07 share level! Here's hoping!

[oowster]

Gee, how'd I get on the moderator? Must of clicked the wrong button. Well I'll "carry on" and try to avoid the scuttlebutt. Don't even know how to make a page up there. A link and description of their associates like Procco's vast client network in the Middle East and share structure and decent stockchart would be a start. Would be nice to have an assistant that knows the posting and linking techniques.

Put a fraction of my shares up for sale at .12 since that's where this may be if in the same ratios as 07.

There's lots of DD to piece together in the blank above section for interested investors. This may or may not be our turn. Any computer experts know how to build a DD preview?

[oowster]

Considering as the team is working together and the professionals involved, an up to date financial report should be following and hopefully an OBB application and solid headway into the sector.

This isn't on any radar yet.

I see 2007 was that year. My mistake. My eyes are blurry.

The nearest 10Q in 04 showed about 150m shares. If it was .50+ with that then this could easily go well above .10 if the market prices in the current share structure. An up to date 10q with more revs would light the fuse IMO.

The raging bull board is interesting. I keep up with it. Many folks there have been in this and went through the evolution. Hope this is their time.

[re485lily]

Hi Oowster,

In 2007 SCTN climbed to .59 on the news of the alliance with TII, then the stock fell with the lawsuit. Now TII and SCTN have put that behind them, SCTN relieving the 25M in payment to TII and have turned it around to a benefit for both companies. You are right, it is a positive.

[oowster]

The Google chart shows that. 2002 it climbed to over .40 until they got brought back down by in fighting. Now that that's resolved this can get on track. It's an impressive group of people in the network with even more astonishing associations with large companies. Now that everyone has a piece of the action and are in tune, this may get interesting as the sector is ever changing and the R&D team is on board with the go getters.

Didn't know they were international. A plus in my perspective.

[re485lily]

Check out the press release 7/12/11. When SCTN and TII came together before, the stock had a nice move up. Until the lawsuit hit. Now that they have resolved their issues and SCTN has eliminated over 25M in liability, they have a shot to be all it was meant to be.

[oowster]

Above the 200 day moving average at this speck in time. Just a point.

[oowster]

Reasoning would suggest from the PR's, the best thing would be a merger between SCTN, Phoenix and the others under SCTN's ticker. Once in place a roll out of the expansion can commence. Just a theory of mine but a hopeful one.

Any large cap company will need to be a stock holder (the issuance) before a triggering of active technology into the mainstream. The associates and those they function for suggests such to me from the positive perspective. JMHO.

[re485lily]

News will be coming soon! Keep checking the company web site.

[oowster]

March 3,2011

"We continue to work with Total Venue Control to promote and enhance their products. We have several other products that we will bring to the table once the full base of the Airos development technology has been transferred to Phoenix that will include revenues from both scrip and non-profits. This will begin approximately within 45 to 60 days from that transfer."

------------------------------------------------------------------

Well SCTN fans, 45-60 days is here. Should get an update soon. It may not appear on the news wires. Those gift cards are a nice thing. I buy them for gifts. Don't know if SCTN is involved with that though.

One could try patent searches but where would I start. There are so many companies and persons listed and investors like me can't tell if they're "the" new stuff or other products.

Just have to wait for updated financials I suppose...

[oowster]

This from Phoenix Technology website. Saw another from May 4th. Have to dig on this one.
--------------------------------------------------



EXCLUSIVE LICENSING AGREEMENT
The SCTN system has been exclusively licensed to Phoenix. This is a performance based license that stipulates a minimum of either, 6 (six) new signed license contracts for the first years; or, $400,000 in revenues in 2010 and a doubling of revenue thereafter until revenues reach $10M. Phoenix provides a fixed percentage of each revenue stream to SCTN, and Phoenix bears the operational risk. If Phoenix does not meet its performance criteria, the licensing agreement becomes non-exclusive.

LICENSED REVENUE COMPANY
The approximately 556M shares of SCTN common stock that are currently outstanding have paid for a significant amount of the state of the art patented incentive technology development that has allowed the company to produce a working model of its incentive system. SCTN is no longer a development stage company without revenues but a licensed revenue company with increasing revenues. The true value of SCTN is the potential as well as the actual amount of incoming license revenue that is and will be earned with the integration and rollout of the SCTN technology through Phoenix to an increasing customer base that is demanding this state of the art product.

-----------------------------------------------------------

There is more DD on the Phoenix site and Bloomberg's site has info of the board members and their connections. Some are also board members to some well known tech companies but being board members and what actually is being worked on is unknown to me.

Looks like double zero's zone for now although another memo talked of financials soon so...???

[oowster]

From SCTN's investors page...
------------------------------------------------------------------

Mar 03, 2011
FROM THE DESK OF CEO OF PHOENIX AND SCTN


Dear Phoenix/SCTN Shareholders

What is actually working now for the Phoenix/SCTN Companies-after over a year, we remain in the selection process with a major company that will deploy our technology; if and when chosen; which we believe will happen in the next few months. We continue to work with Total Venue Control to promote and enhance their products. We have several other products that we will bring to the table once the full base of the Airos development technology has been transferred to Phoenix that will include revenues from both scrip and non-profits. This will begin approximately within 45 to 60 days from that transfer.

The first two months of year 2011 have been very difficult for both the Phoenix and SCTN companies; however, that is all about to change by the transformation of Phoenix Company into a complete operating company with an ongoing development team that can be utilized to deploy the SCTN patented loyalty technology throughout North America. This quality operating system to deploy the SCTN patented loyalty technology has been the result of several years of development work accomplished by the Airos Group for the Phoenix Company. The cost of this development has been considerable; which is why, we cannot just disregard that operating system for SCTN as one investor has proposed.

Most company investors talk only about the SCTN patents and intellectual properties as the golden goose which is nothing more than a silver-plated spoon that does nothing to bring value to any company. Patents and IP of a company have no value to a company until it brings revenue income to the company; yet most investors keep hearing about the value of the patents and IP as if it were the holy grail. Any patents and IP has no actual value without a quality operating system such as the one that has been developed by Airos for Phoenix to utilize in the SCTN deployments to produce revenue.

WHY THE PHOENIX/SCTN RELATIONSHIP-because SCTN would have cease to exist years ago if Phoenix had not step into the picture when it did-that is the actual reality of the two companies.

SCTN had entered into a performance based exclusive license with Phoenix in exchange for terminating the principal and continued accruing interest from the Airos and SCTN secured note holder debt. SCTN receives 20% of the gross or 40% of net revenues that Phoenix earns from selling the SCTN technology regardless of the amount of expenses incurred by Phoenix for development, sales and operational expenses are in regard to the SCTN marketing, development, integration and roll-out of that technology.

SCTN has become a patent licensing company and takes no operational risk responsibility associated with the marketing, development, integration and roll-out of its products since it has all been assumed by Phoenix. During the setup and establishment of Phoenix, each individual SCTN Secured Convertible Promissory Note Holder and Airos chose to convert their debt into Phoenix shares, SCTN shares or cash.

Phoenix was established as a clean debt free operational entity in order to provide continued marketing and development of the SCTN products that SCTN was no longer able to fund. Phoenix was also the only entity that was able to sign contracts that SCTN could not because of some financial issues associated with the SCTN over the last several years that has restricted its growth and this process will continue until full funding comes into the company.

Phoenix has spent several millions of dollars in development work to build and customized operating system that will produce sales and revenues for both companies, and has lent and continues to lend money to SCTN for the Company's operational deficit and enhancement of its product offering.

SCTN and Phoenix are separate entities with Phoenix holding approximately 25% of the outstanding SCTN shares. This common bond motivates the management team to ensure that both companies become highly successful.

IRS
SCTN has continued its discussions with the IRS concerning previous debt.

OTHER DEBT
SCTN has continued in significantly reducing our debts and has eliminated all secured note debt. We have approached creditors whenever cash flow existed and settled past debts and will continue to deal with all creditor obligations fairly.

FOCUS ITEMS
Our focus items continue to be (1) completion of filings (2) increase license, transaction and professional services revenue (3) resolving the IRS debt and (4) resolving legal disputes.

We expect to have significant issues such as full financial disclosure, being current with the SEC, increased revenues and significant debt reduction completed by the end of this year. We, as you, have been through several difficult and stressful years caused by our funding issues. This year will be also be tough as well, however we anticipate that year 2011 will be the year for both company in terms of revenues and profitability.

The real issue in these companies currently has been lack of funding-managing both companies on less than $30,000 per month has and will continued to be difficult but that has been the reality. The company could do wonders with a $300,000 to $1,000,000 in infusion of funding in the company. We are currently in discussion with several lenders at this time and will inform the stockholders once funding takes places-this funding will take place because of the customized development accomplished by Airos over the years for SCTN that were paid by Phoenix.

I as the CEO of Phoenix and SCTN also intend to immediately set-up a patent defense fund that will invite any and all investors, whether SCTN, Phoenix or others to participate in this program and receive ten (10% of all gross revenues from that participation). You will be receiving detail of this program shortly. I will also be sending letters on a more frequent basis so that you, the investor, can be fully informed of what actually is happening within the company. I will enjoy hearing from anyone willing to assist or that has an idea to help the company and its investors. My direct line is [phone]. Please call me prior to 8AM.

Bernard F. McHale
CEO and President
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