Exhibit
31.1

SECTION 302 CERTIFICATION PURSUANT
TO SARBANES-OXLEY ACT OF 2002

I,
Susan Schreter, hereby certify that:

|   |                                                                                                                                                                                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                        
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|1. | I have reviewed this
  Amendment No. 2 to the Annual Report on Form 10-KSB/A of First Transaction
  Management, Inc.;                                                                                                                                                                                             
|   |                                                                                                                                                                                                                                                                                                                   
|2. | Based on my knowledge,
  this report does not contain any untrue statement of a material fact or omit
  to state a material fact necessary to make the statements made, in light of
  the circumstances under which such statements were made, not misleading with
  respect to the period covered by this report;
|   |                                                                                                                                                                                                                                                                                                                   
|3. | Based on my knowledge, the
  financial statements, and other financial information included in this
  report, fairly present in all material respects the financial condition,
  results of operations and cash flows of the registrant as of, and for, the
  periods presented in this report;                   
|   |                                                                                                                                                                                                                                                                                                                   
|4. | I am responsible for
  establishing and maintaining disclosure controls and procedures (as defined
  in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over
  financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)
  for the registrant and I have:                    
|   |                                                                                                                                                                                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                        
|   | (a)                                                                                                                                                                                                                                                                                                                | Designed such disclosure
  controls and procedures, or caused such disclosure controls and procedures to
  be designed under my supervision, to ensure that material information
  relating to the registrant, including its consolidated subsidiaries, is made
  known to me by others within those entities, particularly during the period
  in which this report is being prepared;
|   |                                                                                                                                                                                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                        
|   | (b)                                                                                                                                                                                                                                                                                                                | Designed such internal control
  over financial reporting, or caused such internal control over financial
  reporting to be designed under my supervision, to provide reasonable
  assurance regarding the reliability of financial reporting and the preparation
  of financial statements for external purposes in accordance with generally
  accepted accounting principles;       
|   |                                                                                                                                                                                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                        
|   | (c)                                                                                                                                                                                                                                                                                                                | Evaluated the
  effectiveness of the registrants disclosure controls and procedures and
  presented in this report my conclusions about the effectiveness of the
  disclosure controls and procedures, as of the end of the period covered by
  this report based on such evaluation; and                                                                                             
|   |                                                                                                                                                                                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                        
|   | (d)                                                                                                                                                                                                                                                                                                                | Disclosed
  in this report any changes in the registrants internal control over
  financial reporting that occurred during the registrants most recent fiscal
  quarter that has materially affected, or is reasonably likely to materially
  affect, the registrants internal control over financial reporting; and                                                                
|   |                                                                                                                                                                                                                                                                                                                   
|5. | I have disclosed, based on
  my most recent evaluation of internal control over financial reporting, to
  the registrants auditors and to the audit committee of the registrants
  board of directors (or to the persons performing the equivalent functions):                                                  
|   |                                                                                                                                                                                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                        
|   | (a)                                                                                                                                                                                                                                                                                                                | all significant
  deficiencies and material weaknesses in the design or operation of internal
  control over financial reporting which are reasonably likely to adversely
  affect the registrants ability to record, process, summarize and report
  financial information; and                                                                                                      
|   |                                                                                                                                                                                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                        
|   | (b)                                                                                                                                                                                                                                                                                                                | any fraud, whether or not
  material, that involves management or other employees who have a significant
  role in the registrants internal control over financial reporting.                                                                                                                                                                                                         

|                     |     |     |                                                                 | 
|-------------------- | --- | --- | --------------------------------------------------------------- | 
|Dated: July 23, 2008 | By: | /s/ | Susan Schreter                                                  | 
|                     |     |     |                                                                
|                     |     |     | Susan Schreter, Chief
  Executive and
  Chief Financial Officer | 

---