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11. JOINT VENTURE PROFIT SHARING	9 Months Ended
Sep. 30, 2012
Notes to Financial Statements
11. JOINT VENTURE PROFIT SHARING	During 2011 the Company entered into an agreement with CRA, Inc. regarding a sale of 60 scanners to a municipal school system. Under the terms of the arrangement, CRA, Inc. purchased all of the materials and paid substantially all of the cost, View Systems, Inc. assembled the products, shipped the scanners for installation and billed the school system. The terms of the agreement provide that each party is to share equally in the profits. As of December 31, 2011 the Company owed $106,366 to CRA, Inc. During the nine months ended September 30, 2012 the Company paid $80,412 to CRA. After including current year additions of $10,634 the Company owes CRA $36,588 as of the date of this report. The Company is technically in default under the terms of the agreement because of late payments.

11. JOINT VENTURE PROFIT SHARING

9 Months Ended

Sep. 30, 2012

During 2011 the Company entered into an agreement with CRA, Inc. regarding a sale of 60 scanners to a municipal school system. Under the terms of the arrangement, CRA, Inc. purchased all of the materials and paid substantially all of the cost, View Systems, Inc. assembled the products, shipped the scanners for installation and billed the school system. The terms of the agreement provide that each party is to share equally in the profits. As of December 31, 2011 the Company owed $106,366 to CRA, Inc. During the nine months ended September 30, 2012 the Company paid $80,412 to CRA. After including current year additions of $10,634 the Company owes CRA $36,588 as of the date of this report. The Company is technically in default under the terms of the agreement because of late payments.