View Systems (VSYM) 10-K 4 Aug 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2016	Aug. 03, 2017	Jul. 17, 2017
Document And Entity Information
Entity Registrant Name	VIEW SYSTEMS INC
Entity Central Index Key	1,075,857
Document Type	10-K
Document Period End Date	Dec. 31, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 624,410
Entity Common Stock, Shares Outstanding		326,705,526
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,016

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Current Assets
Cash	$ 94	$ 2,617
Accounts receivable	3,859	7,075
Inventory	1,088	1,088
Total current assets	5,041	10,780
Property and Equipment (Net)	2,197	2,997
Other Assets
Deposits	1,595	1,595
Total other assets	1,595	1,595
Total assets	8,833	15,372
Current Liabilities
Accounts payable and accrued expenses	432,841	398,702
Deferred compensation	149,170	37,835
Accrued and withheld payroll taxes payable	187,030	181,809
Accrued interest payable	125,625	95,625
Accrued royalties payable	225,000	225,000
Loans from stockholders	591,208	564,703
Notes payable	50,000	61,095
Deferred revenue	66,148	94,973
Total current liabilities	1,827,022	1,659,742
Stockholders' Deficit
Convertible preferred stock, authorized 10,000,000 shares, $.001 par value, Issued and outstanding 5,589,647; Issued and outstanding 6,089,647	5,590	6,090
Common stock, authorized 950,000,000 shares, $.001 par value, Issued and outstanding 326,705,526; Issued and outstanding 312,205,526	326,705	312,205
Common stock issuable	16,000	16,000
Additional paid in capital	27,392,125	27,389,325
Accumulated deficit	(29,558,609)	(29,367,990)
Total stockholders' deficit	(1,818,189)	(1,644,370)
Total Liabilities and Stockholders' Deficit	$ 8,833	$ 15,372

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Preferred Stock Shares Par Value	$ 0.001	$ 0.001
Preferred Stock Shares Authorized	10,000,000	10,000,000
Preferred Stock Shares Issued	5,589,647	6,089,647
Preferred Stock Shares Outstanding	5,589,647	6,089,647
Common Stock Shares Par Value	$ 0.001	$ 0.001
Common Stock Shares Authorized	950,000,000	950,000,000
Common Stock Shares Issued	326,705,526	312,205,526
Common Stock Shares Outstanding	326,705,526	312,205,526

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Revenues
Product sales and Installation	$ 7,570	$ 128,492
Revenue from Extended warranties	50,725	73,895
Total revenue	58,295	202,387
Cost of sales	1,174	48,328
Gross profit	57,121	154,059
Operating expenses
General and administrative	44,883	130,901
Professional fees	5,000	180,020
Salaries and benefits	144,101	230,523
Total operating expenses	193,984	541,444
Loss from operations	(136,863)	(387,385)
Other Income (expense)
Interest expense	(53,756)	(31,414)
Total other income (expense)	(53,756)	(31,414)
Net loss	$ (190,619)	$ (418,799)
Net loss per share (basic and diluted)	$ 0	$ 0
Weighted average shares outstanding (basic and diluted)	323,612,873	296,940,184

Consolidated Statements of Stoc

Consolidated Statements of Stockholders Deficit - USD ($)	Common Stock	Preferred Stock	StockIssuable	Additional Paid-In Capital	Retained Earnings (Deficit)
Beginning Balance, Shares at Dec. 31, 2014	5,489,647	280,605,526
Beginning Balance, Value at Dec. 31, 2014	$ 5,490	$ 280,605	$ 16,000	$ 27,134,775	$ (28,949,191)
Conversion preferred to common, Shares	(1,400,000)	21,000,000
Conversion preferred to common, Value	$ (1,400)	$ 21,000		(19,600)
Stock issued for services, Shares	1,000,000	4,100,000
Stock issued for services, Value	$ 1,000	$ 4,100		96,650
Stock issued in payment of shareholder loans, Shares		1,000,000
Stock issued in payment of shareholder loans, Value		$ 1,000		9,000
Stock issued in payment of accounts payable, Shares		5,500,000
Stock issued in payment of accounts payable, Value		$ 5,500		94,500
Preferred stock issued in payment of deferred compensation, Shares	1,000,000
Preferred stock issued in payment of deferred compensation, Value	$ 1,000			74,000
Net Loss					(418,799)
Ending Balance, Shares at Dec. 31, 2015	6,089,647	312,205,526
Ending Balance, Value at Dec. 31, 2015	$ 6,090	$ 312,205	16,000	27,389,325	(29,367,990)
Conversion preferred to common, Shares	(500,000)	7,500,000
Conversion preferred to common, Value	$ (500)	$ 7,500		(70,000)
Stock issued for services, Shares		7,000,000
Stock issued for services, Value		$ 7,000		9,800
Net Loss					(190,619)
Ending Balance, Shares at Dec. 31, 2016	5,589,647	326,705,526
Ending Balance, Value at Dec. 31, 2016	$ 5,590	$ 326,705	$ 16,000	$ 27,392,125	$ (29,558,609)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Cash flows from operating activities:
Net loss	$ (190,619)	$ (418,799)
Adjustments to reconcile net loss to Net cash used in operations:
Depreciation and amortization	800	925
Common stock issued in payment of interest expense	16,800
Interest expense paid with debt		1,408
(Increase) decrease in cash from:
Accounts receivable	3,216	19,670
Deposits		1,277
Increase (decrease) in cash from:
Accounts payable and accured expenses	34,139	915
Deferred compensation	111,335	112,270
Accrued and withheld payroll taxes payable	5,221	7,404
Accrued interest payable	30,000	30,000
Deferred revenue	(28,825)	21,805
Net cash used in operating activities	(17,933)	(121,375)
Cash flows from financing activities:
Proceeds/payments from stockholders loans	26,505	110,915
Principal payments on notes payable	(11,095)
Net cash provided by financing activities	15,410	110,915
Increase (decrease) in cash	(2,523)	(10,460)
Cash at beginning of year	2,617	13,077
Cash at end of year	94	2,617
Cash paid for:
Interest
Income taxes
Non cash investing and financing activities:
Loans from stockholders repaid with common stock		10,000
Accounts payable paid with common stock		100,000
Notes payable paid by shareholders		28,679
Expenses paid with common stock	16,800
Common Stock
Adjustments to reconcile net loss to Net cash used in operations:
Stock issued/issuable in payment of services	16,800	26,750
Preferred Stock
Adjustments to reconcile net loss to Net cash used in operations:
Stock issued/issuable in payment of services		$ 37,500

1._NATURE OF OPERATIONS AND SUM

1. NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
1. NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1. NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations View Systems, Inc. and Subsidiaries (the "Company") designs, develops and sells computer software and hardware used in conjunction with surveillance capabilities. The technology utilizes the compression and decompression of digital inputs. In March 2002, the Company acquired Milestone Technology, Inc., which has developed a concealed weapons detection portal. In July 2009, the Company acquired FibreXpress, Inc., which is a company that specializes in developing and selling equipment and components for the fiber optic and communication cable industries. Basis of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, Milestone Technology, Inc. and FibreXpress, Inc. All significant intercompany accounts and transactions have been eliminated in consolidation. Use of Estimates Management uses estimates and assumptions in preparing financial statements in accordance with accounting principles generally accepted in the United States of America. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could differ from the estimates that were used. Cash and Cash Equivalents Cash and cash equivalents include all highly liquid investments with original maturities of three months or less Accounts Receivable Accounts receivable consists of amounts due from customers. Management periodically reviews the open accounts and makes a determination as to the ultimate collectability of each account. Once it is determined that collection is in doubt the account is written off as a bad debt. In order to provide for accounts that may become uncollectible in the future, the Company has established an allowance for doubtful accounts. The balance of the allowance for doubtful accounts is based on management's judgment and the Company's prior experience with managing accounts receivable. Management's determination is that the accounts receivable are collectible and therefore no allowance for possible uncollectible accounts receivable has been recorded for the years ended December 31, 2016 and 2015, respectively. Revenue Recognition The Company has three main products, namely the concealed weapons detection system, the visual first responder system and the Viewmaxx digital video system. In all cases revenue is considered earned when the product is shipped to the customer, installed (if necessary) and accepted by the customer as a completed sale. The concealed weapons detection system and the digital video system each require installation and training. The customer can engage us for installation and training, which is a revenue source separate and apart from the sale of the product. In those cases revenue is recognized at the completion of the installation and training and acceptance by the customer. However, the customer can also self-install or can engage another firm to provide installation and training. Each product has an unconditional 30 day warranty, during which time the product can be returned for a complete refund. Customers can purchase extended warranties, which provide for replacement or repair of the unit beyond the period provided by the unconditional warranty. Warranties can be purchased for various periods but generally they are for one year period that begins after any other warranties expire. The revenue from warranties is recognized on a straight line basis over the period covered by the warranty. Prior to the issuance of financial statements management reviews any returns subsequent to the end of the accounting period which are from sales recognized during the accounting period, and makes appropriate adjustments as necessary. Product prices are fixed or determinable and products are only shipped when collectability is reasonably assured. Inventories Inventories stated at the lower of cost or market. Cost is determined by the first-in-first-out method (FIFO). As of December 31, 2016 and 2015 the Company's inventory consisted of a number of assembled units as well as unassembled parts of the product. Property and Equipment Property and equipment is recorded at cost and depreciated over their useful lives, using the straight-line and accelerated depreciation methods. Upon sale or retirement, the cost and related accumulated depreciation are eliminated from the respective accounts, and the resulting gain or loss is included in the results of operations. The useful lives of property and equipment for purposes of computing depreciation are as follows: Equipment 5-7 years Software tools 3 years Repairs and maintenance charges which do not increase the useful lives of assets are charged to operations as incurred. Depreciation expense for the periods ended December 31, 2016 and 2015 amounted to $800 and $925, respectively. Income Taxes Income taxes are recorded under the assets and liabilities method whereby deferred tax assets and liabilities are recognized for the future tax consequences, measured by enacted tax rates, attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss carry forwards. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the rate change becomes effective. Valuation allowances are recorded for deferred tax assets when it is more likely than not that such deferred tax assets will not be realized. The Company files income tax returns in the U.S. federal jurisdictions, and in various state jurisdictions. The Company is no longer subject to U.S. federal, state and local examinations by tax authorities for years prior to 2010. The Company policy is to recognize interest related to unrecognized tax benefits as income tax expense. The Company believes that it has appropriate support for the income tax positions it takes and expects to take on its tax returns, and that its accruals for tax liabilities are adequate for all open years based on an assessment of many factors including past experience and interpretations of tax law applied to the facts of each matter. Research and Development Research and development costs are expensed as incurred. Advertising Advertising costs are charged to operations as incurred. Advertising costs for the years ended December 31, 2016 and 2015 were $125 and $2,175, respectively. Nonmonetary Transactions Nonmonetary transactions are accounted for in accordance with ASC 845 " Nonmonetary Transactions" which requires the transfer or distribution of a nonmonetary asset or liability to be based generally, on the fair value of the asset or liability that is received or surrendered, whichever is more clearly evident. Financial Instruments For most financial instruments, including cash, accounts receivable, accounts payable and accruals, management believes that the carrying amount approximates fair value, as the majority of these instruments are short-term in nature. Stock-Based Compensation The Company accounts for share-based compensation at fair value. Share-based compensation cost for stock options granted to employees, board members and service providers is determined at the grant date using an option pricing model that uses level 3 unobservable inputs. The value of the award that is ultimately expected to vest is recognized as expense on a straight-line basis over the requisite service period. Net Loss Per Common Share Basic net loss per common share is computed by dividing net loss available to common stockholder by the weighted average number of common shares outstanding. Diluted net loss per common share is computed by dividing net loss available to common stockholders by the weighted average number of common shares and dilutive potential common share equivalents then outstanding. Potential common shares consist of shares issuable upon the exercise of stock options and warrants in addition to shares that may be issued in the event that convertible debt is exchanged for shares of common stock. The calculation of the net loss per share available to common stockholders for the periods ended December 31, 2016 and 2015 does not include potential shares of common stock equivalents, as their impact would be antidilutive. The following reconciles amounts reported in the financial statements: Weighted Avg (Loss) Shares Per-share (Numerator) (Denominator) Amount Year ended December 31, 2016 Loss from operations which is the amount that is available to common stockholders $ (190,619 ) 323,612,873 $ (0.00 ) Year ended December 31, 2015 Loss from operations which is the amount that is available to common stockholders $ (418,799 ) 296,940,184 $ (0.01 )

2._GOING CONCERN

2. GOING CONCERN	12 Months Ended
	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
2. GOING CONCERN	2. GOING CONCERN The Company has incurred and continues to incur, losses from operations. For the years ended December 31, 2016 and 2015, the Company incurred net losses of $190,619 and $418,799, respectively, and has a working capital deficiency of $1,735,690 at June 30, 2016 . In addition, certain notes payable have come due and the note holders are demanding payment. Management is very actively working to cure these situations. It has implemented major plans to for the future growth and development of the Company. Management is in the process of renegotiating more favorable repayment terms on the notes payable and the Company anticipates that these negotiations will result in extended payment plans. In addition, during 2016 and 2015, the Company implemented marketing and information strategies to increase public awareness of its products and thereby sales. It has established new international markets which it believes will be the source for sales growth in the very near future. It also was able to reduce the per-unit cost of manufacturing its products. Additionally, the Company has increased the efficiency of its processes and focused its development efforts on products that appear to have greater sales potential. Historically, the Company has financed its operations primarily through private financing. It is management's intention to finance operations during the remainder of 2017 primarily through increased sales although there will still be a need for additional equity financing. In addition, management is actively seeking out mergers and acquisitions which would be beneficial to the future growth of the Company. There can be no assurance, however, that this financing will be successful and the Company may be required to further reduce expenses and scale back operations. As described in Note 4, the Company is currently in default on a $50,000 loan from a stockholder. The consolidated financial statements presented above and the accompanying Notes have been prepared on a going concern basis, which contemplates the realization of assets and discharge of liabilities in the normal course of business for the foreseeable future, and does not include any adjustments to reflect possible future effects on the recoverability and classification of assets, or the amounts and classification of liabilities that may result from the outcome of any extraordinary regulatory action, which would affect our ability to continue as a going concern. Due to the conditions and events discussed above, there is substantial doubt about the Company's ability to continue as a going concern.

3._NEW ACCOUNTING PRONOUNCEMENT

3. NEW ACCOUNTING PRONOUNCEMENTS	12 Months Ended
	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
3. NEW ACCOUNTING PRONOUNCEMENTS	3. NEW ACCOUNTING PRONOUNCEMENTS In February 2016, the FASB issued new guidance on the accounting for leases, which supersedes previous lease guidance. Under this guidance, for all leases with terms in excess of one year, including operating leases, the Company will be required to recognize on its balance sheet a lease liability and a right-of-use asset representing its right to use the underlying asset for the lease term. The new guidance retains a distinction between finance leases and operating leases and the classification criteria is substantially similar to previous guidance. Additionally, the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee have not significantly changed. The Company is currently evaluating the impact of this guidance on its consolidated balance sheets. This guidance is effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted. In May 2014, the FASB issued guidance on the recognition of revenues which provides a single, comprehensive revenue recognition model for all contracts with customers and supersedes most existing revenue recognition guidance. The main principle under this guidance is that an entity should recognize revenue at the amount it expects to be entitled to in exchange for the transfer of goods or services to customers. The Company is currently evaluating the impact of this guidance on its consolidated balance sheets and statement of operations. This guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted for interim and annual reporting periods beginning after December 15, 2016 . The process of quantifying the impact on its consolidated financial statements. The cumulative effect of the initial adoption will be reflected as an adjustment to the opening balance of retained earnings as of the date of application of the guidance; however, the Company does not expect this guidance to have a significant impact on the Company's consolidated financial statements on an annual basis. This guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted for interim and annual reporting periods beginning after December 15, 2016.

4._NOTES PAYABLE

4. NOTES PAYABLE	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
4. NOTES PAYABLE	4. NOTES PAYABLE Notes payable as of December 31, 2016 and December 31, 2015 consists of the following: 2016 2015 Lafayette Community Bank A term loan secured by a stockholder, payable in monthly installments of $2,587 commencing in December 25, 2009 but refinanced in May 2011. The loan was paid off on May 18, 2016 and interest accrued monthly at 5.0% per annum. $ - $ 11,095 Stockholder Demand loan payable with interest at 5% per month dated September 18, 2009. The loan is secured by the Company's accounts receivable. The note was payable in full on December 17, 2009 and is currently in default 50,000 50,000 TOTAL $ 50,000 $ 61,095 Less current portion 50,000 61,095 Non-current portion $ - $ 11,061

5._INCOME TAXES

5. INCOME TAXES	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
5. INCOME TAXES	5. INCOME TAXES For income tax purposes the Company has net operating loss carry forwards of $28,105,000 as of December 31, 2016 that may be used to offset future taxable income. In the instance of future corporate acquisitions, the net operating losses may be used to offset the future taxable income of a qualifying subsidiary corporation which meets IRS regulations governing such situations. The losses have accumulated since 1998 and they will start to expire in 2018. IRS regulations also provide that significant changes in ownership (greater than 50%) could result in the expiration of some of the net operating loss carry forwards. As of the date of this report the Company has not made an analysis of the changes in ownership to determine if any of these losses have expired. The components of the net deferred tax asset as of December 31, 2016 are as follows: Effect of net operating loss carry forward $ 11,804,000 Less evaluation allowance (11,804,000 ) Net deferred tax asset $ - The components of income tax expense (benefit) are as follows: Year ended December 31, December 31, 2016 2015 Net loss per financial statements which approximates net loss per income tax returns $ ( 190,619 ) $ (418,799 ) Income tax expense (benefit) applying prevailing Federal and state income tax rates (80,000 ) (176,000 ) Less valuation allowance 80,000 176,000 Net income tax expense (benefit) $ - $ - Net income tax benefit is not recognized at this time because there is no reasonable expectation that the benefit will be realized in the future. The Company has adopted accounting rules that prescribe when to recognize and how to measure the financial statement effects, if any, of income tax positions taken or expected on its income tax returns. These new rules require management to evaluate the likelihood that, upon examination by relevant taxing jurisdictions, those income tax positions would be sustained. Based on that evaluation, if it were more than fifty percent (50%) probable that a material amount of income tax would be imposed at the entity level upon examination by the relevant taxing authorities, a liability would be recognized in the accompanying balance sheet along with any interest and penalties that would result from that assessment. Should any such penalties and interest be incurred, the Company's policy would be to recognize them as operating expenses. Due to continuous losses from operations the Company has assigned a full valuation allowance against its deferred tax assets.

6._ CONVERTIBLE PREFERRED STOCK

6.  CONVERTIBLE PREFERRED STOCK	12 Months Ended
	Dec. 31, 2016
Equity [Abstract]
6.  CONVERTIBLE PREFERRED STOCK	6. CONVERTIBLE PREFERRED STOCK In July 2005 the Company issued 7,171,725 shares of Series A Preferred Stock in payment of services. The issuance had been previously authorized by the Board of Directors. Each share of Series A Preferred Stock has a liquidation preference, in the event of liquidation of the Company, of $0.001 per share before any payment or distribution is made to the holders of common stock. During 2008 the Board of Directors approved a reverse split of the stock in which one new share of preferred stock was issued in exchange for each 80 shares of stock outstanding. Accordingly, the total issued of preferred stock was adjusted from 7,171,725 shares to 89,647 shares. The par value and the total authorized shares did not change. Effective in 2010 the initial issuance of Series A Preferred can be converted into common stock in the ratio of 15:1. During 2011 the Board of Directors authorized the issuance of an additional 1,400,000 shares of Series A Preferred Stock in payment of a loan from a shareholder in the amount of $64,000 and also in payment of services in the amount of $34,000. These additional shares can be converted to common stock beginning in 2013. Each share is entitled to fifteen votes and shall be entitled to vote on any matters brought to a vote on the common stock shareholder. During 2012 the Board of Directors authorized the issuance of an additional 1,500,000 shares of Series A Preferred Stock in payment of deferred compensation and current compensation in the amount of $161,463. During 2013 the Board of Directors authorized the issuance of an additional 500,000 shares of Series A Preferred Stock in payment of professional services in the amount of $225,000. During 2014 the Board of Directors authorized the issuance of an additional 2,000,000 shares of Series A Preferred Stock in payment of deferred and current compensation in the amount of $480,000. During 2015 the Board of Directors authorized the issuance of an additional 1,000,000 shares of Series A Preferred Stock in payment of deferred and current compensation in the amount of $75,000 and another 1,000,000 shares in payment of professional services in the amount of $75,000. During 2016 an owner of preferred stock elected to convert 500,000 shares of preferred stock into 7,500,000 shares of the Company's common stock.

7._OPERATING LEASE

7. OPERATING LEASE	12 Months Ended
	Dec. 31, 2016
Leases [Abstract]
7. OPERATING LEASE	7. OPERATING LEASE The Company leased a 3,600 sq. ft. office and warehouse space at 1550 Caton Center Drive, Baltimore, Maryland, under a non-cancellable operating lease which expired in May 2015. The original base rent was $3,077 per month with a 3% annual rent escalator clause. Upon its expiration the Company leased 1,500 sq. ft. under a non-cancellable lease at 1900 Lansdowne Road, Baltimore Maryland at a current monthly rent of $1,595 for a period of 3 years. Effective July 31, 2016 the lease was terminated by mutual agreement with the landlord. Rent expense, was $10,701 and $29,216 for the years ended December 31, 2016 and 2015, respectively

8._STOCK BASED COMPENSATION

8. STOCK BASED COMPENSATION	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
8. STOCK BASED COMPENSATION	8. STOCK BASED COMPENSATION On April 2, 2010 the Company adopted its 2010 Equity Incentive Plan. Reserved for equity issuances under the Equity Incentive Plan are 50,000,000 shares of our common stock. During 2011 14,116,433 shares of common stock were issued under the provisions of the 2010 Equity Incentive Plan for which $92,065 of expenses were recognized. On June 1, 2010 the Company adopted its 2010 Service Provider Stock Compensation Plan. Reserved for equity issuances under the Service Provider Stock Compensation Plan are 50,000,000 shares of our common stock. No equity issuances were made during the reporting period from the 2010 Service Provider Stock Compensation Plan. During 2016 and 2015, the Company issued the following compensatory shares outside of its existing Stock Option and Restricted Share Plans at the discretion of the Board of Directors: For the year ended December 31, 2016 there were 7,000,000 shares of common stock issued as a payment of interest in the amount of $16,800. For the year ended December 31, 2015 there were 4,100,000 shares of common stock issued in payment of expenses amounting to $26,750. In addition, during 2015 1,000,000 shares were issued in payment of a note payable in the amount of $10,000 and 5,500,000 of shares were issued in payment of accounts payable totaling $100,000. Independent contractors and consultants' expense was based on the estimated value of services rendered or the value of the common stock issued, if more reliably determined. Stock Options and Warrants On April 2, 2010, the Company adopted its 2010 Equity Incentive Plan, which authorized, among other forms of incentives, the issuance of stock options. Reserved for equity issuances under the 2010 Equity Incentive Plan are 50,000,000 shares of our common stock. No equity issuances have been made from the 2010 Equity Incentive Plan. Stock options, which may be tax qualified and non-qualified, are exercisable for a period of up to ten years at prices at or above market prices as established on the date of the grant. Stock Options Certain nonqualified stock options were issued during the period ended June 30, 2013 to a member of the board of directors as compensation for services performed. Weighted Weighted Average Aggregate Number of Average Exercise Remaining Intrinsic Options Price Contractual Life Value Outstanding at January 1, 2015 - - - $ - Granted 10,000,000 $0.03 4.14 - Exercised - - - - Forfeited - - - - Outstanding at Dec 31, 2015 10,000,000 Exercisable at Dec 31, 2015 10,000,000 Outstanding at January 1, 2016 10,000,000 $0.03 2.69 $ - Granted - - - - Exercised - - - - Forfeited - - - - Outstanding at Dec 31, 2015 10,000,000 Exercisable at Dec 31, 2015 10,000,000 The Company uses the Black-Scholes option pricing model to calculate the fair value of options. Significant assumptions used in this model include: Annual Dividend - Expected Life (in years) 5.00 Risk Free Interest Rate 0.78% Expected Volatility 325.25%

9._RELATED PARTY TRANSACTIONS

9. RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
9. RELATED PARTY TRANSACTIONS	9. RELATED PARTY TRANSACTIONS Certain stockholders made cash advances to the Company to help with short-term working capital needs. The net proceeds from stockholders with unstructured payment plans amounted to $26,505 and $110,915 for the years ended December 31, 2016 and 2015, respectively. The total balance due on unstructured loans from stockholders amounted to $591,208 and $564,703 at December 31, 2016 and 2015, respectively. Loans from stockholders made with repayment terms are described in Note 4 above.

10._ISSUABLE COMMON STOCK

10. ISSUABLE COMMON STOCK	12 Months Ended
	Dec. 31, 2016
Equity [Abstract]
10. ISSUABLE COMMON STOCK	10. ISSUABLE COMMON STOCK As of December 31, 2016 and 2015 740,000 shares of the authorized shares, amounting to $16,000 had not been issued.

11. CONTINGENT LIABILITY

11. CONTINGENT LIABILITY	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
11. CONTINGENT LIABILITY	11. CONTINGENT LIABILITY Effective January 1, 2015 the Board of Directors authorized a new employment contract with Gunther Than, CEO of View Systems, Inc. That employment contract provides that in the event of a change in control of the Board of Directors or a buyout or takeover or substantial change of management structure Mr. Than will receive a minimum of three year's salary plus 4.8 million shares of unrestricted stock of the equivalent in cash at Mr. Than's direction. Mr. Than's current base salary is $120,000 per annum.

12._ SUBSEQUENT EVENT

12.  SUBSEQUENT EVENT	12 Months Ended
	Dec. 31, 2016
Subsequent Events [Abstract]
12.  SUBSEQUENT EVENT	12. SUBSEQUENT EVENT In the second quarter of 2017, the Company established a clinic to commence operations of its'

1._NATURE OF OPERATIONS AND S19

1. NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Nature of Operations	Nature of Operations View Systems, Inc. and Subsidiaries (the "Company") designs, develops and sells computer software and hardware used in conjunction with surveillance capabilities. The technology utilizes the compression and decompression of digital inputs. In March 2002, the Company acquired Milestone Technology, Inc., which has developed a concealed weapons detection portal. In July 2009, the Company acquired FibreXpress, Inc., which is a company that specializes in developing and selling equipment and components for the fiber optic and communication cable industries.
Basis of Consolidation	Basis of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, Milestone Technology, Inc. and FibreXpress, Inc. All significant intercompany accounts and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates Management uses estimates and assumptions in preparing financial statements in accordance with accounting principles generally accepted in the United States of America. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could differ from the estimates that were used.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include all highly liquid investments with original maturities of three months or less.
Accounts Receivable	Accounts Receivable Accounts receivable consists of amounts due from customers. Management periodically reviews the open accounts and makes a determination as to the ultimate collectability of each account. Once it is determined that collection is in doubt the account is written off as a bad debt. In order to provide for accounts that may become uncollectible in the future, the Company has established an allowance for doubtful accounts. The balance of the allowance for doubtful accounts is based on management's judgment and the Company's prior experience with managing accounts receivable. Management's determination is that the accounts receivable are collectible and therefore no allowance for possible uncollectible accounts receivable has been recorded for the years ended December 31, 2016 and 2015, respectively.
Revenue Recognition	Revenue Recognition The Company has three main products, namely the concealed weapons detection system, the visual first responder system and the Viewmaxx digital video system. In all cases revenue is considered earned when the product is shipped to the customer, installed (if necessary) and accepted by the customer as a completed sale. The concealed weapons detection system and the digital video system each require installation and training. The customer can engage us for installation and training, which is a revenue source separate and apart from the sale of the product. In those cases revenue is recognized at the completion of the installation and training and acceptance by the customer. However, the customer can also self-install or can engage another firm to provide installation and training. Each product has an unconditional 30 day warranty, during which time the product can be returned for a complete refund. Customers can purchase extended warranties, which provide for replacement or repair of the unit beyond the period provided by the unconditional warranty. Warranties can be purchased for various periods but generally they are for one year period that begins after any other warranties expire. The revenue from warranties is recognized on a straight line basis over the period covered by the warranty. Prior to the issuance of financial statements management reviews any returns subsequent to the end of the accounting period which are from sales recognized during the accounting period, and makes appropriate adjustments as necessary. Product prices are fixed or determinable and products are only shipped when collectability is reasonably assured.
Inventories	Inventories Inventories stated at the lower of cost or market. Cost is determined by the first-in-first-out method (FIFO). As of December 31, 2016 and 2015 the Company's inventory consisted of a number of assembled units as well as unassembled parts of the product.
Property and Equipment	Property and Equipment Property and equipment is recorded at cost and depreciated over their useful lives, using the straight-line and accelerated depreciation methods. Upon sale or retirement, the cost and related accumulated depreciation are eliminated from the respective accounts, and the resulting gain or loss is included in the results of operations. The useful lives of property and equipment for purposes of computing depreciation are as follows: Equipment 5-7 years Software tools 3 years Repairs and maintenance charges which do not increase the useful lives of assets are charged to operations as incurred. Depreciation expense for the periods ended December 31, 2016 and 2015 amounted to $800 and $925, respectively.
Income Taxes	Income Taxes Income taxes are recorded under the assets and liabilities method whereby deferred tax assets and liabilities are recognized for the future tax consequences, measured by enacted tax rates, attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss carry forwards. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the rate change becomes effective. Valuation allowances are recorded for deferred tax assets when it is more likely than not that such deferred tax assets will not be realized. The Company files income tax returns in the U.S. federal jurisdictions, and in various state jurisdictions. The Company is no longer subject to U.S. federal, state and local examinations by tax authorities for years prior to 2010. The Company policy is to recognize interest related to unrecognized tax benefits as income tax expense. The Company believes that it has appropriate support for the income tax positions it takes and expects to take on its tax returns, and that its accruals for tax liabilities are adequate for all open years based on an assessment of many factors including past experience and interpretations of tax law applied to the facts of each matter.
Research and Development	Research and Development Research and development costs are expensed as incurred.
Advertising	Advertising Advertising costs are charged to operations as incurred. Advertising costs for the years ended December 31, 2016 and 2015 were $125 and $2,175, respectively.
Nonmonetary Transactions	Nonmonetary Transactions Nonmonetary transactions are accounted for in accordance with ASC 845 " Nonmonetary Transactions" which requires the transfer or distribution of a nonmonetary asset or liability to be based generally, on the fair value of the asset or liability that is received or surrendered, whichever is more clearly evident.
Financial Instruments	Financial Instruments For most financial instruments, including cash, accounts receivable, accounts payable and accruals, management believes that the carrying amount approximates fair value, as the majority of these instruments are short-term in nature.
Stock-Based Compensation	Stock-Based Compensation The Company accounts for share-based compensation at fair value. Share-based compensation cost for stock options granted to employees, board members and service providers is determined at the grant date using an option pricing model that uses level 3 unobservable inputs. The value of the award that is ultimately expected to vest is recognized as expense on a straight-line basis over the requisite service period.
Net Loss Per Common Share	Net Loss Per Common Share Basic net loss per common share is computed by dividing net loss available to common stockholder by the weighted average number of common shares outstanding. Diluted net loss per common share is computed by dividing net loss available to common stockholders by the weighted average number of common shares and dilutive potential common share equivalents then outstanding. Potential common shares consist of shares issuable upon the exercise of stock options and warrants in addition to shares that may be issued in the event that convertible debt is exchanged for shares of common stock. The calculation of the net loss per share available to common stockholders for the periods ended June 30, 2016 and 2015 does not include potential shares of common stock equivalents, as their impact would be antidilutive. The following reconciles amounts reported in the financial statements: Weighted Avg (Loss) Shares Per-share (Numerator) (Denominator) Amount Year ended December 31, 2016 Loss from operations which is the amount that is available to common stockholders $ (190,619 ) 323,612,873 $ (0.00 ) Year ended December 31, 2015 Loss from operations which is the amount that is available to common stockholders $ (418,799 ) 296,940,184 $ (0.01 )

1._NATURE OF OPERATIONS AND S20

1. NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Net Loss Per Common Share	Weighted Avg (Loss) Shares Per-share (Numerator) (Denominator) Amount Period ended September 30, 2016 Loss from operations which is the amount that is available to common stockholders $ (153,180 ) 322,757,464 $ (0.00 ) Period ended September 30, 2015 Loss from operations which is the amount that is available to common stockholders $ (381,289 ) 291,762,120 $ (0.00 )

4._NOTES PAYABLE (Tables)

4. NOTES PAYABLE (Tables)	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Notes Payable	2016 2015 Lafayette Community Bank A term loan secured by a stockholder, payable in monthly installments of $2,587 commencing in December 25, 2009 but refinanced in May 2011. The loan was paid off on May 18, 2016 and interest accrued monthly at 5.0% per annum. $ - $ 11,095 Stockholder Demand loan payable with interest at 5% per month dated September 18, 2009. The loan is secured by the Company's accounts receivable. The note was payable in full on December 17, 2009 and is currently in default 50,000 50,000 TOTAL $ 50,000 $ 61,095 Less current portion 50,000 61,095 Non-current portion $ - $ 11,061

5._INCOME TAXES (Tables)

5. INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Components of the net deferred tax assets	The components of the net deferred tax asset as of December 31, 2016 are as follows: Effect of net operating loss carry forward $ 11,804,000 Less evaluation allowance (11,804,000 ) Net deferred tax asset $ -
Components of income tax expense (benefit)	Year ended December 31, December 31, 2016 2015 Net loss per financial statements which approximates net loss per income tax returns $ ( 190,619 ) $ (418,799 ) Income tax expense (benefit) applying prevailing Federal and state income tax rates (80,000 ) (176,000 ) Less valuation allowance 80,000 176,000 Net income tax expense (benefit) $ - $ -

8._STOCK BASED COMPENSATION (Ta

8. STOCK BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Options	Weighted Weighted Average Aggregate Number of Average Exercise Remaining Intrinsic Options Price Contractual Life Value Outstanding at January 1, 2015 - - - $ - Granted 10,000,000 $0.03 4.14 - Exercised - - - - Forfeited - - - - Outstanding at Dec 31, 2015 10,000,000 Exercisable at Dec 31, 2015 10,000,000 Outstanding at January 1, 2016 10,000,000 $0.03 2.69 $ - Granted - - - - Exercised - - - - Forfeited - - - - Outstanding at Dec 31, 2015 10,000,000 Exercisable at Dec 31, 2015 10,000,000
Assumptions Used	Annual Dividend - Expected Life (in years) 5.00 Risk Free Interest Rate 0.78% Expected Volatility 325.25%

1. NATURE OF OPERATIONS AND SUM

1. NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Nature Of Operations And Summary Of Significant Accounting Policies Details Narrative
Depreciation Expense	$ 800	$ 925
Advertising Costs	$ 125	$ 2,175

1. NATURE OF OPERATIONS AND S25

1. NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Net Loss Per Common Share (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Nature Of Operations And Summary Of Significant Accounting Policies - Net Loss Per Common Share Details
Net Loss	$ (190,619)	$ (418,799)
Shares	323,612,873	296,940,184
Per-share	$ 0	$ (0.01)

2._GOING CONCERN (Details Narra

2. GOING CONCERN (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net Loss	$ (190,619)	$ (418,799)
Working Capital Defeciency	1,735,692
Debt in Default	$ 50,000

4._NOTES PAYABLE (Details Narra

4. NOTES PAYABLE (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
TOTAL	$ 50,000	$ 61,095
Less current portion	50,000	61,095
Non-current portion		11,061
Lafayette Community Bank [Member]
TOTAL		11,095
Monthly Installments	$ 2,587
Due date	May 18, 2016
Interest rate	5.00%
Stockholder [Member]
TOTAL	$ 50,000	$ 50,000
Due date	Dec. 17, 2009
Interest rate	5.00%

5._INCOME TAXES - Components of

5. INCOME TAXES - Components of the net deferred tax assets (Details)	Dec. 31, 2016USD ($)
Income Tax Disclosure [Abstract]
Effect of net operating loss carry forward	$ 11,804,000
Less evaluation allowance	(11,804,000)
Net deferred tax asset

5._INCOME TAXES - Components 29

5. INCOME TAXES - Components of income tax expense (benefit) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Net loss per financial statements which approximates net loss per income tax returns	$ (190,619)	$ (418,799)
Income tax expense (benefit) applying prevailing Federal and state income tax rates	(80,000)	(176,000)
Less valuation allowance	80,000	176,000
Net income tax expense (benefit)

5_INCOME TAXES (Details Narrati

5 INCOME TAXES (Details Narrative)	12 Months Ended
	Dec. 31, 2016USD ($)
Income Tax Disclosure [Abstract]
Net operating loss carryforwards	$ 28,105,000
Expiration date	Dec. 31, 2018

6. CONVERTIBLE PREFERRED STOCK

6. CONVERTIBLE PREFERRED STOCK (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2008	Dec. 31, 2005
Stock Issued for Service, Shares			2,000,000
Preferred Stock Outstanding Beginning	6,089,647
Preferred Shares Outstanding Ending	5,589,647	6,089,647
Amount of current and noncurrent compensation			$ 480,000
Conversion of Preferred Shares	500,000
Conversion of Preferred Shares, Common Shares Issued	7,500,000
Preferred Stock
Stock Issued for Service, Shares		1,000,000		500,000	1,500,000				7,171,725
Stock issued in payment of services		$ 75,000		$ 225,000	$ 161,463
Preferred stock issued in payment of deferred compensation, Shares		1,000,000							1,000,000
Preferred stock issued in payment of deferred compensation, Value		$ 75,000
Value per share									$ 0.001
Preferred Stock Outstanding Beginning								7,171,725
Preferred Shares Outstanding Ending								89,647
Conversion Ratio							15:1	80:1
Additional Shares Authorized						1,400,000
Common Stock Issued for Payment value						$ 64,000
Amount of current and noncurrent compensation						$ 34,000

7._OPERATING LEASE (Details Nar

7. OPERATING LEASE (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Leases [Abstract]
Base Rent	$ 3,077
Annual Rent Escalator Clause Percentage	3.00%
Monthly Rent	$ 1,595
Rent Expense	$ 10,701	$ 29,216

8._STOCK BASED COMPENSATION (De

8. STOCK BASED COMPENSATION (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2011	Dec. 31, 2010
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Shares for Equity Incentive Plan				50,000,000
Shares issued For Expenses and Liabilitites	7,000,000	4,100,000	14,116,433
Amount of Expenses and Liabilities	$ 16,800	$ 26,750	$ 92,065
Stock issued in payment of shareholder loans, Shares		1,000,000
Stock issued in payment of shareholder loans, Value		$ 10,000
Stock issued in payment of accounts payable, Shares		5,500,000
Stock issued in payment of accounts payable, Value		$ 100,000

8. STOCK BASED COMPENSATION - S

8. STOCK BASED COMPENSATION - Stock Options (Details) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Stock Based Compensation - Stock Options Details
Stock options, outstanding, beginning	10,000,000
Stock options, granted		10,000,000
Stock options, outstanding, ending	10,000,000	10,000,000
Stock options, exercisable	10,000,000	10,000,000
Stock options per share, outstanding, beginning	$ 0.03
Stock options per share ,granted		$ 0.03
Stock options per share, outstanding, ending	0.03	0.03
Stock options per share, exercisable	$ 0.03	$ 0.03
Stock options contractual life, outstanding, beginning	2 years 6 months 9 days
Stock options contractual life, granted		4 years 1 month 4 days
Stock options contractual life,outstanding, ending	1 year 2 months 4 days	2 years 6 months 9 days
Exercisable	1 year 2 months 4 days	2 years 6 months 9 days

8. STOCK BASED COMPENSATION - A

8. STOCK BASED COMPENSATION - Assumptions Used (Details)	12 Months Ended
	Dec. 31, 2016
Share-based Compensation [Abstract]
Expected Life (in years)	5 years
Risk Free Interest Rate	0.78%
Expected Volatility	325.25%

9._RELATED PARTY TRANSACTIONS (

9. RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Related Party Transactions [Abstract]
Due to Shareholders	$ 591,208	$ 564,703
Net Proceeds from Stockholders	$ 26,505	$ 110,915

10._ISSUABLE COMMON STOCK (Deta

10. ISSUABLE COMMON STOCK (Details Narrative)	Dec. 31, 2016USD ($)shares
Equity [Abstract]
Stock unissued, shares | shares	740,000
Stock unissued, value | $	$ 16,000

11. CONTINGENT LIABILITY (Detai

11. CONTINGENT LIABILITY (Details Narrative)	12 Months Ended
	Dec. 31, 2016USD ($)shares
Contingent Liability Details Narrative
Base Salary | $	$ 120,000
Shares Issued as Salary | shares	4,800,000