10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

[X] QUARTERLY REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2020

[  ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission file number 000-30178

VIEW SYSTEMS, INC.

(Exact name of registrant as specified in its charter)

Colorado	59-2928366
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

7833 Walker Drive, Suite 520, Greenbelt, MD 20770

(Address of principal executive offices) (Zip Code)

(410) 236-8200

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
COMMON	VSYM	OTCBB

Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes [  ] No [X]

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [  ] No [X]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated	Accelerated	Non-accelerated	Smaller reporting	Emerging growth
filer [  ]	filer [  ]	filer [  ]	company [X]	company [  ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [  ] No [X]

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

Class	December 15, 2020
Common Stock, $.001 par value per share	3,852,740,396

VIEW SYSTEMS, INC.

FORM 10-Q

FOR THE PERIOD ENDED June 30, 2020

INDEX

	Page
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS	3
PART I. FINANCIAL INFORMATION
Item 1. Financial Statements	4
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations	19
Item 3. Qualitative and Quantitative Disclosures About Market Risk	24
Item 4. Controls and Procedures	24
PART II. OTHER INFORMATION	25
Item 1. Legal Proceedings	25
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds	25
Item 3. Defaults Upon Senior Securities	25
Item 4. Mine Safety Disclosures	25
Item 5. Other information	25
Item 6. Exhibits	25
SIGNATURES	26

2

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

Information included in this Form 10-Q contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (“Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (“Exchange Act”). This information may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of View Systems, Inc. (the “Company”), to be materially different from future results, performance or achievements expressed or implied by any forward-looking statements. Forward-looking statements, which involve assumptions and describe future plans, strategies and expectations of the Company, are generally identifiable by use of the words “may,” “will,” “should,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” or “project” or the negative of these words or other variations on these words or comparable terminology. These forward-looking statements are based on assumptions that may be incorrect, and there can be no assurance that these projections included in these forward-looking statements will come to pass. Actual results of the Company could differ materially from those expressed or implied by the forward-looking statements as a result of various factors. Except as required by applicable laws, the Company has no obligation to update publicly any forward-looking statements for any reason, even if new information becomes available or other events occur in the future.

3

View Systems, Inc. and Subsidiaries

Consolidated Balance Sheets (Unaudited)

	September 30,			December 31,
	2020			2019
ASSETS
Current Assets
Cash	$	-		$	835
Due to related party		20,000			20,000
Total current assets		20,000			20,835
Intangible Assets (Net)		21,080			-
Total assets	$	41,080		$	20,835
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current Liabilities
Bank overdraft	$	568		$	-
Accounts payable		163,964			161,715
Accrued and withheld payroll taxes payable		134,237			134,237
Accrued compensation		672,115			492,115
Accrued interest payable		33,264			13,841
Loans from stockholders		263,512			266,512
Notes payable		251,733			142,421
Derivative liability		822,543			383,852
Total liabilities		2,341,936			1,594,693
Stockholders’ Deficit
Convertible preferred stock, authorized 10,000,000 shares, $.001 par value, Issued and outstanding 5,589,647		5,590			5,590
Common stock, authorized 5,000,000,000 shares, $.001 par value, Issued and outstanding 2,439,158,559		2,439,158
Issued and outstanding 560,915,727					560,915
Common stock issuable		42,500			20,500
Additional paid in capital		26,581,905			27,870,014
Accumulated deficit		(31,370,009	)		(30,030,877	)
Total stockholders’ deficit		(2,300,856	)		(1,573,858	)
Total liabilities and stockholders’ deficit	$	41,080		$	20,835

The accompanying notes are an integral part of these consolidated financial statements

4

View Systems, Inc. and Subsidiaries

Consolidated Statements of Operations (Unaudited)

	For the Three Months Ended						For the Nine Months Ended
	September 30,						September 30,
	2020			2019			2020			2019
Revenues	$	-		$	-		$	-		$	1,400
Cost of sales		-			-			-			-
Gross profit		-			-			-			1,400
Operating expenses
General and administrative		11,705			-			65,694			4,297
Depreciation and amortization		2,635			-			2,635			-
Professional fees		15,000			-			18,850			10,000
Salaries and benefits		60,000			35,000			180,000			58,774
Total operating expenses		89,340			35,000			267,179			73,071
Loss from operations		(89,340	)		(35,000	)		(267,179	)		(71,671	)
Other Income (expense)
Derivative expense		1,070,960			(38,063	)		(860,309	)		(166,138	)
Interest expense		(38,640	)		(36,307	)		(211,644	)		(70,476	)
Total other income (expense)		1,032,320			(74,370	)		(1,071,953	)		(236,614	)
Net income (loss)	$	942,980		$	(109,370	)	$	(1,339,132	)	$	(308,285	)
Net Income (loss) per share (basic and diluted)	$	0.00		$	(0.00	)	$	(0.00	)	$	(0.00	)
Weighted average shares outstanding(basic and diluted)		1,972,681,668			372,520,421			1,475,807,068			372,520,421

The accompanying notes are an integral part of these consolidated financial statements

5

View Systems, Inc. and Subsidiaries

Consolidated Statements of Stockholders’ Deficit (Unaudited)

											Additional			Retained
	Preferred				Common				Stock		Paid-in			Earnings
	Shares		Amount		Shares		Amount		Issuable		Capital			(Deficit)			Total
Balance, December 31, 2019		5,589,647	$	5,590		560,915,727	$	560,915	$	20,500	$	27,870,014		$	(30,030,877	)	$	(1,573,858	)
Conversion of Convertible Debentures		-		-		168,767,870		168,768		-		(35,528	)		-			133,240
Discount on covertible debt		-		-		-		-		-		112,750			-			112,750
Stock subscribed in private placement		-		-		-		-		5,000		-			-			5,000
Net loss for the period ended March 31, 2020		-		-		-		-		-		-			(584,872	)		(584,872	)
Balance, March 31, 2020		5,589,647		5,590		729,683,597		729,683		25,500		27,947,236			(30,615,749	)		(1,907,740	)
Conversion of Convertible Debentures		-		-		766,509,349		766,509		-		(553,409	)		-			213,100
Stock subscribed in private placement		-		-		-		-		2,000		-			-			2,000
Stock subscribed in asset purchase agreement		-		-		-		-		10,000		13,715			-			23,715
Net loss for the period ended June 30, 2020		-		-		-		-		-		-			(1,697,240	)		(1,697,240	)
Balance June 30, 2020		5,589,647		5,590		1,496,192,946		1,496,192		37,500		27,407,542			(32,312,989	)		(3,366,165	)
Conversion of Convertible Debentures		-		-		942,965,613		942,966		-		(825,637	)					117,329
Stock subscribed in private placement		-		-		-		-		5,000		-			-			5,000
Net loss for the period ended September 30, 2020		-		-		-		-		-		-			942,980			942,980
Balance September 30, 2020		5,589,647	$	5,590		2,439,158,559	$	2,439,158	$	42,500	$	26,581,905		$	(31,370,009	)	$	(2,300,856	)
Balance, December 31, 2018		5,589,647	$	5,590		329,705,526	$	329,705	$	16,000	$	27,486,721		$	(28,791,901	)	$	(953,885	)
Beneficial conversion feature		-		-		-		-		-		65,000			-			65,000
Conversion of Convertible Debentures		-		-		38,814,895		38,815		-		81,430			-			120,245
Net loss for the period ended March 31, 2019		-		-		-		-		-		-			(71,629	)		(71,629	)
Balance March 31, 2019		5,589,647	$	5,590		368,520,421	$	368,520	$	16,000	$	27,633,151		$	(28,863,530	)	$	(840,269	)
Net loss for the period ended June 30, 2019		-		-		-		-		-		-			(127,286	)		(127,286	)
Balance June 30, 2019		5,589,647		5,590		368,520,421		368,520		16,000		27,633,151			(28,990,816	)		(967,555	)
Conversion of Convertible Debentures		-		-		8,000,000		8,000		-		12,800			-			20,800
Net loss for the period ened September 30, 2019		-		-		-		-		-		-			(109,370	)		(109,370	)
Balance September 30, 2019		5,589,647		5,590		376,520,421		376,520		16,000		27,645,951			(29,100,186	)		(1,056,125	)

The accompanying notes are an integral part of these consolidated financial statements

6

View Systems, Inc. and Subsidiaries

Consolidated Statements of Cash Flows (Unaudited)

	For the Nine Months Ended
	September 30,
	2020			2019
Cash flows from operating activities:
Net loss	$	(1,339,132	)	$	(308,285	)
Adjustments to reconcile net loss to Net cash used in operations:
Accretion of debt discount		194,856			67,329
Change in value of derivative liability		860,309			166,138
Change in operating assets and liabilities:
(Increase) decrease in cash from:
Due to related party		-			(26,419	)
Increase (decrease) in cash from:
Accounts payable		2,249			-
Deferred compensation		180,000			-
Accrued interest		19,423			-
Deferred revenue		-			(1,400	)
Net cash used in operating activities		(82,295	)		(102,637	)
Cash flows from financing activities:
Bank overdraft		568			73
Net payments for stockholders loans		(3,000	)		-
Repayment of notes payable		(55,858	)		-
Proceeds from stock subscriptions		22,000			-
Proceeds from notes payable		117,750			103,000
Net cash provided by financing activities		81,460			103,073
Increase (decrease) in cash		(835	)		436
Cash at beginning of period		835			-
Cash at end of period	$	-		$	436

The accompanying notes are an integral part of these consolidated financial statements

7

View Systems, Inc. and Subsidiaries

Consolidated Statements of Cash Flows (Unaudited) (Continued)

	For the Nine Months Ended
	September 30,
	2019		2018
Non cash investing and financing activities:
Reduction in loans from shareholders by agreement	$	-	$	301,354
Reduction in nots payable from conversion to stock	$	12,000	$	-
Cash paid for:
Interest	$	-	$	-
Income taxes	$	-	$	-

The accompanying notes are an integral part of these consolidated financial statements

8

VIEW SYSTEMS, INC. and SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

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.

During the second quarter of 2017, the Company established a new business line in the Erectile Dysfunction Medical market by opening one clinic within its’ Medical Therapeutics subsidiary. In the fourth quarter of 2018, the Company sold its Medical Therapeutics division to another company called Ultimate Sports, Inc.

Basis of Presentation

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with US generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by US generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. For further information, refer to the audited consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019.

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.

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VIEW SYSTEMS, INC. and SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

1. NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Revenue Recognition

Effective January 1, 2018, the Company adopted ASU No. 2014-9, “Revenue from Contracts with Customers” and the related amendments (“Topic 606”) using the modified retrospective method. Topic 606 was applied to all uncompleted contracts by recognizing the cumulative effect of initially applying Topic 606 as an adjustment to the opening balancer of equity at January 1, 2018. Due to the cumulative net impact of adopting ASC 606, the January 1, 2018 balance of accumulated deficit was increased by $51,148, primarily relating to the accelerated recognition of revenue on installation projects.

Under Topic 606, revenue is measured based on consideration specified in the contract with a customer. A performance obligation is a promise in a contract to transfer a distinct good or service to the customer and is the unit of account in Topic 606. Revenue from all customers is recognized when a performance obligation is satisfied by transferring control of a product or service to a customer. Amounts billed to customers for shipping and handling are included in revenue.

The Company has three main products, namely the concealed weapons detection system, the visual first responder system and the Viewmaxx digital video system. 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. 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.

During 2019, sales consisted of the sale of one demonstration unit and the fulfillment of extended warranties. The Company did not sell its’ products or installation and training, but rather only fulfilled extended warranties on its’ existing installed units. Under the new guidance, there is no change in our revenue recognition for extended warranty as compared to revenue recognition for these transactions under the prior revenue standards. The Company recognizes revenue from extended warranty contracts ratably over the warranty period.

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 September 30, 2020 and 2019 amounted to $0 and $0, respectively.

10

VIEW SYSTEMS, INC. and SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

1. NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

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 2015. 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 periods ended September 30, 2020 and 2019 were $0 and $0, 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.

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VIEW SYSTEMS, INC. and SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

1. NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

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 September 30, 2020 and 2019 does not include potential shares of common stock equivalents, as their impact would be antidilutive. The following reconciles amounts reported in the financial statements:

	Income			Weighted Avg
	(Loss)			Shares		Per-share
	(Numerator)			(Denominator)		Amount
Period ended September 30, 2020
Loss from operations which is the amount that is available to common stockholders	$	(1,339,132	)		1,475,807,068	$	(0.00	)
Period ended September 30, 2019
Loss from operations which is the amount that is available to common stockholders	$	(308,285	)		372,520,421	$	(0.00	)

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VIEW SYSTEMS, INC. and SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

2. GOING CONCERN

The Company has incurred and continues to incur, losses from operations. For the nine months ended September 30, 2020 and 2019, the Company incurred net losses of $ 1,339,132 and $308,285. The Company also had a working capital deficiency of $2,321,936 and an accumulated deficit of $31,370,009 at September 30, 2020. 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.

Historically, the Company has financed its operations primarily through private financing. It is management’s intention to finance operations during 2020 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 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. The Company implemented this standard effective January 1, 2019. Implementation of the standard did not have a material impact on the Company’s financial statements.

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VIEW SYSTEMS, INC. and SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

4. NOTES PAYABLE

Notes payable as of September 30, 2020 and December 31, 2019 consists of the following:
	2020			2019
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
Convertible promissory note with interest as 8% per year dated January 24, 2018, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion. The note was due October 24, 2018 and is currently in default		-			16,831
Convertible promissory note with interest as 8% per year dated July 2, 2018, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion. The note was due July 2, 2019 and is currently in default		40,000			40,000
Convertible promissory note with interest as 8% per year dated August 19, 2019, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion. The note is due August 19, 2020		-			38,000
Convertible promissory note with interest as 10% per year dated October 8, 2019, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion. The note is due October 20, 2020.		6,671			50,000
Convertible promissory note with interest as 8% per year dated September 4, 2019, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion. The note is due September 4, 2020		79,500
Convertible promissory note with interest at 8% per year dated January 8, 2020, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days Immediately preceding the conversion. The note is due January 8, 2021		112,750
Convertible promissory note with interest as 8% per year dated October 22, 2019, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion. The note is due October 22, 2020		53,000			53,000
Other		10,000			-
	$	272,421		$	247,831
Discount on convertible notes		(20,688	)		(105,410	)
	$	251,733		$	142,421

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VIEW SYSTEMS, INC. and SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

5. INCOME TAXES

For income tax purposes the Company has net operating loss carry forwards of $27,608,848 as of December 31, 2019 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 started 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.

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.

6. CONVERTIBLE PREFERRED STOCK

At December 31,, 2019 and 2018, the Company has 5,589,647 shares of Series a Preferred Stock outstanding. 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 of distribution is made to the holders of common stock. Each Series A Preferred share can be converted into common stock in the ration of 15:1.

7. COMMON STOCK

At September 30, 2020 and December 31, 2019, the Company had 2,439,158,559 and 560,915,727 shares of common stock outstanding, respectively. During the nine months ended September,30 2020, 1,878,242,832 shares of common stock were issued for the conversion of $98,130 in convertible debentures and accrued interest.

8. OPERATING LEASE

The Company has terminated all leases for office space as of December 31, 2019. The Company handles its executive functions from and shares space with its CPA firm, CG Davis & Associates at 7833 Walker Drive in Greenbelt, MD 20770.

9. 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.

15

VIEW SYSTEMS, INC. and SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

Stock Options and Warrants

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. These options expired unexercised during the year ended December 31, 2018.

10. RELATED PARTY TRANSACTIONS

Certain stockholders have made cash advances to the Company to help with short-term working capital needs. The net payments to stockholders with unstructured payment plans amounted to $3,000 and $16,269 for the periods ended September 30, 2020 and December 31, 2019, respectively. The total balance due on unstructured loans from stockholders amounted to $263,512 at September 30, 2020 and $266,512 at December 31, 2019, respectively. Loans from stockholders made with repayment terms are described in Note 4 above.

11. ISSUABLE COMMON STOCK

As of December 31, 2019 45,740,000 shares of the authorized shares, amounting to $20,500 had not been issued. As of September 30, 2020 an additional subscription was issued authorizing another 60,000,000 shares for $10,000.

On June 5, 2020, the Company subscribed 10,000,000 shares of common stock and issued options to purchase 25,000,000 shares of the Company’s common stock in order to acquire the a domain name and toll free numbers to distribute CBD based products. The Company recorded the acquisition at the fair value of the shares to be issued and options issued of $23,715. Estimated amortization expense over the next three years is as follows:

1	$	7,905
2		7,905
3		7,905
	$	23,715

During the nine months ended September 30, 2020, the Company recognized $2,635 in amortization expense.

12. 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 or the equivalent in cash at Mr. Than’s direction. With the change in management in 2019, $376,800 in additional compensation to Mr. Than was accrued. Mr. Than’s current base salary is $120,000 per annum.

Effective July 1, 2019 the Board of Directors authorized a new employment contract with John Campo to become CEO of View Systems, Inc. Mr. Campo’s current base salary is $120,000 per annum.

13. DERIVATIVE INSTRUMENT

The Company has note payables with elements that qualify as a derivative instrument. The note payable are convertible at the lowest trading price during the previous 15-25 days ending on the last trading day prior to notice. This variable conversion feature requires bifurcation from the convertible debenture and measurement at fair value.

16

VIEW SYSTEMS, INC. and SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

The derivative liability, as it relates to the instrument, is shown in the following table:

Fair Value, December 31, 2019	$	383,852
Change in value of derivative liability		438,691
Fair Value, September 30, 2020	$	822,543

The derivative liability was valued using the Black-Scholes method with the following inputs:

Expected life	9 months
Stock price volatility		245	%
Annual risk-free interest rate		2.63	%
Expected dividends		None

ASC 820, “Fair Value Measurements” and ASC 825, “Financial Instruments”, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument is categorized within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. It prioritizes the inputs into three levels that may be used to measure fair value:

Level 1

Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.

Level 2

Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.

Level 3

Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.

Assets and liabilities measured at fair value on a recurring basis were presented on the Company’s consolidated balance sheet as of September 30, 2020 and December 31, 2019 as follows:

					Fair Value Measurements at September 30, 2020 Using Fair Value Hierarchy
Description	Total		Level 1		Level 2		Level 3
Derivative liability	$	822,543	$	-	$	-	$	822,543
Total	$	822,543	$	-	$	-	$	822,543

17

VIEW SYSTEMS, INC. and SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

					Fair Value Measurements at December 31, 2019 Using Fair Value Hierarchy
Description	Total		Level 1		Level 2		Level 3
Derivative liability	$	383,852	$	-	$	-	$	383,852
Total	$	383,852	$	-	$	-	$	383,852

14. LICENSE AGREEMENT

In August 2018, the Company executed a license agreement with IPVideo Corporation (“IPVideo”) where the company licensed the View Scan Concealed Weapons Detection System and all related hardware, software, documentation and manufacturing detail to IPVideo. IPVideo is required to pay $300 to the Company per View Scan unit sold in IPVideo.

15. MEMORANDUM OF UNDERSTANDING WITH SANNABIS

During 2019 the Company agreed to a Memorandum of Understanding to acquire Sannabis S.A.S. and New Columbia Resources, Inc. The agreement gives the company a First Right of Refusal to acquire both companies upon satisfaction of certain conditions. The conditions have not been me to date and the acquisition has not been consummated. During the year ended December 31, 2019, the Company invested $58,660 in developing this agreement, of which $38,660 was for operating expenses and $20,000 was to acquire equipment and supplies for use in this venture. During the period ended June 30, 2020 the Company invested an additional $37,956 for this purpose of all of the investment was for operating expenses.

NOTE 16. SUBSEQUENT EVENTS

Subsequent to September 30, 2020, the Company issued 1,056,056,337 shares of common stock to convert convertible debentures and accrued interest.

18

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

EXECUTIVE OVERVIEW

The following analysis of our consolidated financial condition and results of operations for the nine-month period ended September 30, 2020 and September 30, 2019 should be read in conjunction with the Consolidated Financial Statements and other information presented elsewhere in this quarterly report.

Overview

To date, View Systems, Inc. has developed, produced and marketed computer software and hardware systems for security and surveillance applications. We expanded our product line in 2002 to include a concealed weapons detection system we call ViewScan. In 2003 we added a hazardous material first response wireless video transmitting system to our product line we refer to as Visual First Responder. Unfortunately, the rising costs of manufacturing equipment and the large quantities required to become cost competitive has forced us to quit manufacturing our own products.

Management continues to provide parts and repair service work to our current installations under our required mandate from the Department Homeland Security.

Our strategy going forward in 2021 is 1: to patent an enhanced and more complex Weapons Detection Portal. 2: Create a subsidiary that contains all security related technologies, patents, and expertise to further capitalize in the security market with superior products 3: utilize the current View Systems public structure to initially manage and promote Medicinal Cannabis related products as a supplier of the raw materials.

The company will divide its operations into manufacturing and promoting security devices in one company and become an importer of raw materials and finished product used in the Cannabis market space for medical purposes in the current View Systems operation.

The two divisions will continue forward as independently operated entities due to the very different nature of its products and operations.

Products and Services

Our current products and services include:

ViewScan Concealed Weapons Detection System

ViewScan, which has also been sold under the name “Secure Scan”, is a walk-through concealed weapons detector which uses magnetic data sensing technology to accurately pinpoint the location, size and number of concealed weapons. This walk-through portal is controlled by a master processing board and a personal computer-based unit which receives magnetic and video information and combines it in a manner that allows the suspected locations of the concealed weapon(s) to be displayed and stored electronically.

19

RESULTS OF OPERATIONS

The following discussions are based on our consolidated financial statements, including our subsidiaries. These charts and discussions summarize our financial statements for the three months ended September 30, 2020 and 2019 and should be read in conjunction with the financial statements, and notes thereto, included with our most recent Form 10-K for fiscal year ended December 31, 2019.

SUMMARY COMPARISON OF OPERATING RESULTS*

	Three months ended September 30,
	2020			2019
Revenues, net	$	0-		$	0
Cost of sales		-			-
Gross profit (loss)		0-			0
Total operating expenses		89,340			35,000
Profit (Loss) from operations of continuing operations		(89,340	)		(11,618	)
Total other income (expense)		1,032,320			(74,370	)
Net income (loss)		942,980			(109,370	)
Net income (loss) per share	$	(0.00	)	$	(0.00	)

Three Month Period Ended September 30, 2020 Compared to Three Month Period Ended September 30, 2019.

Our net income for the three-month period ended September 30, 2020 for continuing operations was $942,980 compared to a net loss of ($109,370) during the three-month period ended September 30, 2019 (an increase of $1,052,350 from net loss of ($109,370)of continuing operations). We generated ($0) net revenues during the three-month period ended September 30, 2020 similar to the three month period ended September 30, 2019. Revenue is considered earned when service is provided and in addition when the product is shipped to the customer.

We have experienced zero sales of our services and products which resulted in zero revenues for the three month period ended September 30, 2020 similar to the three month period ended September 30, 2019. We believe the lack of revenue is the result of a dearth of crops due to a lack of rain and an inability to pump water where most needed. We intend to upgrade to an irrigation system which will protect us from losing the crop due to lack of moisture.

20

Cost of service provided and the goods sold have been non-existent resulting in zero profit for the three month period ended September 30, 2020 compared to zero gross profit for the three month period ended September 30, 2019.

During the three month period ended September 30, 2020, we incurred total operating expenses of $89,340 compared to $35,000 incurred during the three month period ended September 30, 2019 (an increase of $54,340).

Operating expenses incurred during the three-month period ended September 30, 2020 compared to the three month period ended September 30, 2019 increased primarily due to the increase in salaries in benefits of the new President, John Campo, and workers required to work the fields and manage the crops.

Our net operating income for the continuing operations during the three-month period ended September 30, 2020 was $942,980 compared to a net operating loss of ($109,370) during the three-month period ended September 30, 2019.

During the three-month period ended September 30, 2020, interest expense in the amount of ($38,640) (2019: ($36,307) was incurred. The increase in interest expense was due to increased interest paid on a loan.

During the three-month period ended September 30, 2020, derivative expense in the amount of ($1,070,960) (2019: $38,063) was incurred. The increase in derivative expense was due to an increase of the derivative liabilities and conversions during 2020.

After deducting other expense, we realized a net income of $942,980 for the three-month period ended September 30, 2020 compared to a net loss of ($109,370) for the three-month period ended September 30, 2019 continuing operations.

The weighted average number of shares outstanding was 1,972,681,668 for the three-month period ended September 30, 2020 compared to 372,520,421 for the three-month period ended June 30, 2019

LIQUIDITY AND CAPITAL RESOURCES

Nine Month Period Ended September 30, 2020

As of September 30, 2020, our current assets were $20,000 and our current liabilities were $2,341,936. At September 30, 2020, our total assets were comprised of $0 in cash, $20,000 in an investment in Sannabis, a related company that the Company has a memorandum of understanding to acquire and intangible assets of $21,080 for a total assets of $41,080.

As of September 30, 2020, current liabilities were comprised of: (i) $568 of a bank overdraft; (ii) $163,964 in accounts payable; (iii) $134,237 in accrued payroll taxes payable; (iv) $672,115 in accrued compensation; (v) $33,264 in accrued interest payable; (vi) $263,512 in loans from stockholders; (vii) $251,733 in notes payable; (viii) -0- in deferred revenue; (ix) and derivative liability of $822,543.

Stockholders’ deficit increased from ($1,573,858) for fiscal year ended December 31, 2019 to ($2,300,856) for the nine-month period ended September 30, 2020.

Cash Flows from Operating Activities

For the nine-month period ended September 30, 2020, net cash flows used in operating activities was ($82,294) compared to net cash flows used in operating activities of ($102,637) for the nine-month period ended September 30, 2019.

21

Cash Flows from Investing Activities

For the nine-month periods ended September 30, 2020 was (-0) and (-0-) from September 30, 2019.

Cash Flows from Financing Activities

We have financed our operations primarily from debt or the issuance of equity instruments. For the nine-month period ended September 30, 2020, net cash flows provided from financing activities was $81,460 compared to $103,073 for the nine-month period ended September 30, 2019. Cash flows from financing activities for the nine-month period ended September 30, 2020 consisted of: (i) $22,000 in proceeds from subscriptions for sales of common stock; and (ii) $(3,000) net payments for stockholder loans; and (iii) $117,750 in notes payable ; (iv) $55,858 was repaid on notes payable and $568 from a bank overdraft.

PLAN OF OPERATION AND FUNDING

We have incurred losses for the past two fiscal years and had a net loss of $89,340 at September 30, 2020 and net loss of $35,000 for continuing operations at September 30, 2019. Our revenues have been non-existent and unable to cover our operating expenses. Our auditors have expressed substantial doubt that we can continue as a going concern.

The Board has decided to separate the operation into one focusing on further security products development and one to acquire a cannabis growing and manufacturing of the medical marijuana products business. We plan to separate the two product lines into two separate companies to better focus on them individually.

Going Concern

If the market price of our common stock falls below the fixed price of our registered stock offering, as in prior years we may again have insufficient financing commitments in place to meet our expected cash requirements for 2020 and 2021. We cannot assure you that we will be able to obtain financing on favorable terms. If we cannot obtain financing to fund our operations in 2020 and 20221, then we may be required to reduce our expenses and scale back our operations. These factors raise substantial doubt of our ability to continue as a going concern. Footnote 2 to our financial statements provides additional explanation of Management’s views on our status as a going concern. The audited financial statements contained in this Quarterly Report do not include any adjustments to reflect the possible future effects on the recoverability of assets or the amounts of liabilities that may result should we be unable to continue as a going concern.

Our independent registered accounting firm included an explanatory paragraph in their reports on the accompanying financial statements regarding concerns about our ability to continue as a going concern. Our financial statements contain additional note disclosures describing the circumstances that lead to this disclosure by our independent auditors.

22

COMMITMENTS AND CONTINGENT LIABILITIES

Our total current liabilities increased to $2,341,936 at the nine-month period ended September 30, 2020 compared to $1,594,693 at fiscal year ended December 31, 2019. As of September 30, 2020, our short and long term notes payable consist of the following:

We are in default of the following Promissory notes:

REPLACE WITH THE NOTES PAYABLE SECTION FROM “NOTES PAYABLE”

OFF BALANCE SHEET ARRANGEMENTS

We do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.

CONTRACTUAL OBLIGATIONS

As a “smaller reporting company” as defined by Item 10 of Regulation S-K, the Company is not required to provide this information.

CRITICAL ACCOUNTING POLICIES

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.

23

Going Concern Opinion

You should carefully consider the risks, uncertainties and other factors identified below because they could materially and adversely affect our business, financial condition, operating results and prospects and could negatively affect the market price of our Common Stock. Also, you should be aware that the risks and uncertainties described below are not the only ones facing us. Additional risks and uncertainties that we do not yet know of, or that we currently believe are immaterial, may also impair our business operations and financial results. Our business, financial condition or results of operations could be harmed by any of these risks. The trading price of our Common Stock could decline due to any of these risks, and you may lose all or part of your investment. In assessing these risks you should also refer to the information contained in or incorporated by reference to our Form 10-K for the year ended December 31, 2019, including our financial statements and the related notes thereto.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

As a “smaller reporting company” as defined by Item 10 of Regulation S-K, the Company is not required to provide information required by this Item.

ITEM 4. CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

We have carried out an evaluation, under the supervision and with the participation of our management, including our Chief Executive Officer/Principal Financial Officer, of the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) as of June 30, 2020. Based on such evaluation, we have concluded that, as of such date, our disclosure controls and procedures were effective to ensure that information required to be disclosed by us in our Exchange Act reports is recorded, processed, summarized and reported within the time periods specified in applicable SEC rules and forms, and that such information is accumulated and communicated to our management, including our Chief Executive Officer/Principal Financial Officer, as appropriate, to allow timely discussions regarding required disclosure.

Management’s Report on Internal Control over Financial Reporting

Our management is responsible for establishing and maintaining internal control over our financial reporting. Our internal control system was designed 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. Internal control over our financial reporting includes those policies and procedures that:

(1)	pertain to the maintenance of records that in reasonable detail accurately and fairy reflect our transactions.
(2)	provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that our receipts and expenditures are being made only in accordance with authorization of our management and directors; and
(3)	provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Company’s assets that could have a material effect on our financial statements.

All internal control systems, no matter how well designed, have inherent limitations, including the possibility of human error or circumvention through collusion of improper overriding of controls. Therefore, even those internal control systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation. Further, because of changes in conditions, the effectiveness of internal control may vary over time.

Our management assessed the effectiveness of our internal control over financial reporting as of June 30, 2020. In making its assessment of internal control over financial reporting, management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (COSD) in Internal-Control-Integrated Framework and implemented a process to monitor and assess both the design and operating effectiveness of our internal controls. Based on this assessment, management believes that as of SEPTEMBER 30, 2020, our internal control over financial reporting was effective.

This quarterly report does not include an attestation report of our registered public accounting firm regarding internal control over financial reporting. Management’s report was not subject to attestation by our registered public accounting firm pursuant to temporary rules of the Securities and Exchange Commission that permit us to provide only management’s report in this quarterly report.

24

Changes in Internal Control Over Financial Reporting

Our management has evaluated, with the participation of our Chief Executive Officer/Chief Financial Officer, changes in our internal controls over financial reporting (as defined in Rule 13a-15(f) of the Exchange Act) during the period ended June 30, 2020. In connection with such evaluation, there have been no changes to our internal control over financial reporting that occurred since the beginning of our six-month period ended June 30, 2020 that have materially affected, or are reasonably likely to materially affect our internal control over financial reporting.

PART II – OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

None

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

None.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4. MINE SAFETY DISCLOSURES

N/A.

ITEM 5. OTHER INFORMATION

None.

ITEM 6. EXHIBITS

The following exhibits are filed as part of this Form 10-Q:

10.1	View Systems, Inc. 2010 Equity Incentive Plan (Incorporated by reference to exhibit 10.1 to Form 10-Q filed May 14, 2010)
10.2	View Systems, Inc. 2010 Service Provider Stock Compensation Plan (Incorporated by reference to exhibit 10.4 to Form 10-Q filed August 19, 2010)
10.3	Employment agreement between View Systems and Gunther Than, dated December 1, 2009 (Incorporated by reference to exhibit 10.1 to Form 8-K, filed January 11, 2010)
10.4	Subcontractor Agreement dated March 9, 2009 between MasTec North America, Inc. and View Systems, Inc. (Incorporated by reference to exhibit 10.3 for Form 10-Q, Amendment No. 1, for the period ended March 31, 2009)
10.3	Purchase Agreement, dated June 1, 2012 (Incorporated by reference to exhibit 10.1 to Form 8-K, filed July 3, 2012)
10.4	Amendment to Purchase Agreement, dated June 28, 2012 (Incorporated by reference to exhibit 10.2 to Form 8-K, filed July 3, 2012)
31.1	Rule 13a-15(e)/15d-15(e) Certification by the Chief Executive Officer and Chief Financial Officer *
32.1	Certification by the Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 *

25

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	VIEW SYSTEMS, INC.
Date: December 17, 2020	By:	/s/ John Campo
		John Campo
		Chief Executive Officer (Principal executive officer, principal financial officer, and principal accounting officer)

26

EX-31.1

EXHIBIT 31.1

CERTIFICATION

Certification of Principal Executive Officer

Required By Rule 13a-14(A) of the Securities Exchange Act of 1934, As Amended,

As Adopted Pursuant To Section 302 of the Sarbanes-Oxley Act of 2002

I, John Campo, certify that

1.	I have reviewed this annual report on Form 10-Q for year ended September 30, 2020 of View Systems 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 have:

a)	designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us 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 our 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 our 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 change in the registrants internal control over financial reporting that occurred during the registrants most recent fiscal quarter (the registrants fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrants 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 the audit committee of registrant’s board of directors (or 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.

Date: December 17, 2020	By:	/s/ John Campo
		John Campo Chief Executive Officer/Principal Financial Officer

EX-32.1

Exhibit 32.1

Certification of Principal Executive Officer

Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to

Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the Quarterly Report of View Systems Inc. (the “Company”) on Form 10-Q for the Quarter ending September 30, 2020, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), John Campo, Chief Executive Officer of the Company, certifies to the best of his knowledge, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that:

(1)	The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2)	The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company.

A signed original of this written statement required by Section 906 has been provided to the Company, and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

By	/s/ John Campo
	John Campo
	Director, Chief Executive Officer and Treasurer
	December 17, 2020

XML

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2020	Dec. 15, 2020
Cover [Abstract]
Entity Registrant Name	VIEW SYSTEMS INC
Entity Central Index Key	0001075857
Document Type	10-Q
Document Period End Date	Sep. 30, 2020
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	No
Entity Interactive Data Current	No
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		3,852,740,396
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2020

XML

Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Current Assets
Cash		$ 835
Due to related party	20,000	20,000
Total current assets	20,000	20,835
Intangible Assets (Net)	21,080
Total assets	41,080	20,835
Current Liabilities
Bank overdraft	568
Accounts payable	163,964	161,715
Accrued and withheld payroll taxes payable	134,237	134,237
Accrued compensation	672,115	492,115
Accrued interest payable	33,264	13,841
Loans from stockholders	263,512	266,512
Notes payable	251,733	142,421
Derivative liability	822,543	383,852
Total liabilities	2,341,936	1,594,693
Stockholders' Deficit
Convertible preferred stock, authorized 10,000,000 shares, $.001 par value, Issued and outstanding 5,589,647	5,590	5,590
Common stock, authorized 5,000,000,000 shares, $.001 par value, Issued and outstanding 2,439,158,559 Issued and outstanding 560,915,727	2,439,158	560,915
Common stock issuable	42,500	20,500
Additional paid in capital	26,581,905	27,870,014
Accumulated deficit	(31,370,009)	(30,030,877)
Total stockholders' deficit	(2,300,856)	(1,573,858)
Total liabilities and stockholders' deficit	$ 41,080	$ 20,835

XML

Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Convertible preferred stock, shares authorized	10,000,000	10,000,000
Convertible preferred stock, par value	$ .001	$ .001
Convertible preferred stock, shares issued	5,589,647	5,589,647
Convertible preferred stock, shares outstanding	5,589,647	5,589,647
Common stock, shares authorized	5,000,000,000	5,000,000,000
Common stock, par value	$ .001	$ 0.001
Common stock, shares issued	2,439,158,559	560,915,727
Common stock, shares outstanding	2,439,158,559	560,915,727

XML

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Income Statement [Abstract]
Revenues				$ 1,400
Cost of sales
Gross profit				1,400
Operating expenses
General and administrative	11,705		65,694	4,297
Depreciation and amortization	2,635		2,635
Professional fees	15,000		18,850	10,000
Salaries and benefits	60,000	35,000	180,000	58,774
Total operating expenses	89,340	35,000	267,179	73,071
Loss from operations	(89,340)	(35,000)	(267,179)	(71,671)
Other Income (expense)
Derivative expense	1,070,960	(38,063)	(860,309)	(166,138)
Interest expense	(38,640)	(36,307)	(211,644)	(70,476)
Total other income (expense)	1,032,320	(74,370)	(1,071,953)	(236,614)
Net income (loss)	$ 942,980	$ (109,370)	$ (1,339,132)	$ (308,285)
Net Income (loss) per share (basic and diluted)	$ 0.00	$ (0.00)	$ (0.00)	$ (0.00)
Weighted average shares outstanding(basic and diluted)	1,972,681,668	372,520,421	1,475,807,068	372,520,421

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Consolidated Statements of Stockholders' Deficit (Unaudited) - USD ($)	Preferred Stock [Member]	Common Stock [Member]	Stock Issuable [Member]	Additional Paid-in Capital [Member]	Retained Earnings (Deficit) [Member]	Total
Balance at Dec. 31, 2018	$ 5,590	$ 329,705	$ 16,000	$ 27,486,721	$ (28,791,901)	$ (953,885)
Balance, shares at Dec. 31, 2018	5,589,647	329,705,526
Conversion of Convertible Debentures		$ 38,815		81,430		120,245
Conversion of Convertible Debentures, shares		38,814,895
Beneficial conversion features				65,000		65,000
Net loss					(71,629)	(71,629)
Balance at Mar. 31, 2019	$ 5,590	$ 368,520	16,000	27,633,151	(28,863,530)	(840,269)
Balance, shares at Mar. 31, 2019	5,589,647	368,520,421
Balance at Dec. 31, 2018	$ 5,590	$ 329,705	16,000	27,486,721	(28,791,901)	(953,885)
Balance, shares at Dec. 31, 2018	5,589,647	329,705,526
Net loss						(308,285)
Balance at Sep. 30, 2019	$ 5,590	$ 376,520	16,000	27,645,951	(29,100,186)	(1,056,125)
Balance, shares at Sep. 30, 2019	5,589,647	376,520,421
Balance at Mar. 31, 2019	$ 5,590	$ 368,520	16,000	27,633,151	(28,863,530)	(840,269)
Balance, shares at Mar. 31, 2019	5,589,647	368,520,421
Net loss					(127,286)	(127,286)
Balance at Jun. 30, 2019	$ 5,590	$ 368,520	16,000	27,633,151	(28,990,816)	(967,555)
Balance, shares at Jun. 30, 2019	5,589,647	368,520,421
Conversion of Convertible Debentures		$ 8,000		12,800		20,800
Conversion of Convertible Debentures, shares		8,000,000
Net loss					(109,370)	(109,370)
Balance at Sep. 30, 2019	$ 5,590	$ 376,520	16,000	27,645,951	(29,100,186)	(1,056,125)
Balance, shares at Sep. 30, 2019	5,589,647	376,520,421
Balance at Dec. 31, 2019	$ 5,590	$ 560,915	20,500	27,870,014	(30,030,877)	(1,573,858)
Balance, shares at Dec. 31, 2019	5,589,647	560,915,727
Conversion of Convertible Debentures		$ 168,768		(35,528)		133,240
Conversion of Convertible Debentures, shares		168,767,870
Discount on convertible debt				112,750		112,750
Stock subscribed in private placement			5,000			5,000
Net loss					(584,872)	(584,872)
Balance at Mar. 31, 2020	$ 5,590	$ 729,683	25,500	27,947,236	(30,615,749)	(1,907,740)
Balance, shares at Mar. 31, 2020	5,589,647	729,683,597
Balance at Dec. 31, 2019	$ 5,590	$ 560,915	20,500	27,870,014	(30,030,877)	(1,573,858)
Balance, shares at Dec. 31, 2019	5,589,647	560,915,727
Net loss						(1,339,132)
Balance at Sep. 30, 2020	$ 5,590	$ 2,439,158	42,500	26,581,905	(31,370,009)	(2,300,856)
Balance, shares at Sep. 30, 2020	5,589,647	2,439,158,559
Balance at Mar. 31, 2020	$ 5,590	$ 729,683	25,500	27,947,236	(30,615,749)	(1,907,740)
Balance, shares at Mar. 31, 2020	5,589,647	729,683,597
Conversion of Convertible Debentures		$ 766,509		(553,409)		213,100
Conversion of Convertible Debentures, shares		766,509,349
Stock subscribed in private placement			2,000			2,000
Stock subscribed in asset purchase agreement			10,000	13,715		23,715
Net loss					(1,697,240)	(1,697,240)
Balance at Jun. 30, 2020	$ 5,590	$ 1,496,192	37,500	27,407,542	(32,312,989)	(3,366,165)
Balance, shares at Jun. 30, 2020	5,589,647	1,496,192,946
Conversion of Convertible Debentures		$ 942,966		(825,637)		117,329
Conversion of Convertible Debentures, shares		942,965,613
Stock subscribed in private placement			5,000			5,000
Net loss					942,980	942,980
Balance at Sep. 30, 2020	$ 5,590	$ 2,439,158	$ 42,500	$ 26,581,905	$ (31,370,009)	$ (2,300,856)
Balance, shares at Sep. 30, 2020	5,589,647	2,439,158,559

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Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash flows from operating activities:
Net loss	$ (1,339,132)	$ (308,285)
Adjustments to reconcile net loss to Net cash used in operations:
Accretion of debt discount	194,856	67,329
Change in value of derivative liability	860,309	166,138
(Increase) decrease in cash from:
Due to related party		(26,419)
Increase (decrease) in cash from:
Accounts payable	2,249
Deferred compensation	180,000
Accrued interest	19,423
Deferred revenue		(1,400)
Net cash used in operating activities	(82,295)	(102,637)
Cash flows from financing activities:
Bank overdraft	568	73
Net payments for stockholders loans	(3,000)
Repayment of notes payable	(55,858)
Proceeds from stock subscriptions	22,000
Proceeds from notes payable	117,750	103,000
Net cash provided by financing activities	81,460	103,073
Increase (decrease) in cash	(835)	436
Cash at beginning of period	835
Cash at end of period		436
Non cash investing and financing activities:
Reduction in loans from shareholders by agreement		301,354
Reduction in nots payable from conversion to stock	12,000
Cash paid for interest
Cash paid for Income taxes

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Nature of Operations and Summary of Significant Accounting Policies

9 Months Ended

Sep. 30, 2020

Accounting Policies [Abstract]

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.

During the second quarter of 2017, the Company established a new business line in the Erectile Dysfunction Medical market by opening one clinic within its’ Medical Therapeutics subsidiary. In the fourth quarter of 2018, the Company sold its Medical Therapeutics division to another company called Ultimate Sports, Inc.

Basis of Presentation

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with US generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by US generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. For further information, refer to the audited consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019.

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.

Revenue Recognition

Effective January 1, 2018, the Company adopted ASU No. 2014-9, “Revenue from Contracts with Customers” and the related amendments (“Topic 606”) using the modified retrospective method. Topic 606 was applied to all uncompleted contracts by recognizing the cumulative effect of initially applying Topic 606 as an adjustment to the opening balancer of equity at January 1, 2018. Due to the cumulative net impact of adopting ASC 606, the January 1, 2018 balance of accumulated deficit was increased by $51,148, primarily relating to the accelerated recognition of revenue on installation projects.

Under Topic 606, revenue is measured based on consideration specified in the contract with a customer. A performance obligation is a promise in a contract to transfer a distinct good or service to the customer and is the unit of account in Topic 606. Revenue from all customers is recognized when a performance obligation is satisfied by transferring control of a product or service to a customer. Amounts billed to customers for shipping and handling are included in revenue.

The Company has three main products, namely the concealed weapons detection system, the visual first responder system and the Viewmaxx digital video system. 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. 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.

During 2019, sales consisted of the sale of one demonstration unit and the fulfillment of extended warranties. The Company did not sell its’ products or installation and training, but rather only fulfilled extended warranties on its’ existing installed units. Under the new guidance, there is no change in our revenue recognition for extended warranty as compared to revenue recognition for these transactions under the prior revenue standards. The Company recognizes revenue from extended warranty contracts ratably over the warranty period.

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 September 30, 2020 and 2019 amounted to $0 and $0, 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 2015. 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 periods ended September 30, 2020 and 2019 were $0 and $0, 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 September 30, 2020 and 2019 does not include potential shares of common stock equivalents, as their impact would be antidilutive. The following reconciles amounts reported in the financial statements:

	Income			Weighted Avg
	(Loss)			Shares		Per-share
	(Numerator)			(Denominator)		Amount
Period ended September 30, 2020
Loss from operations which is the amount that is available to common stockholders	$	(1,339,132	)		1,475,807,068	$	(0.00	)
Period ended September 30, 2019
Loss from operations which is the amount that is available to common stockholders	$	(308,285	)		372,520,421	$	(0.00	)

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Going Concern

9 Months Ended

Sep. 30, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Going Concern

2. GOING CONCERN

The Company has incurred and continues to incur, losses from operations. For the nine months ended September 30, 2020 and 2019, the Company incurred net losses of $ 1,339,132 and $308,285. The Company also had a working capital deficiency of $2,321,936 and an accumulated deficit of $31,370,009 at September 30, 2020. 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.

Historically, the Company has financed its operations primarily through private financing. It is management’s intention to finance operations during 2020 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.

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New Accounting Pronouncements

9 Months Ended

Sep. 30, 2020

Accounting Changes and Error Corrections [Abstract]

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. The Company implemented this standard effective January 1, 2019. Implementation of the standard did not have a material impact on the Company’s financial statements.

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Notes Payable

9 Months Ended

Sep. 30, 2020

Debt Disclosure [Abstract]

Notes Payable

4. NOTES PAYABLE

Notes payable as of September 30, 2020 and December 31, 2019 consists of the following:
	2020			2019
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
Convertible promissory note with interest as 8% per year dated January 24, 2018, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion. The note was due October 24, 2018 and is currently in default		-			16,831
Convertible promissory note with interest as 8% per year dated July 2, 2018, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion. The note was due July 2, 2019 and is currently in default		40,000			40,000
Convertible promissory note with interest as 8% per year dated August 19, 2019, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion. The note is due August 19, 2020		-			38,000
Convertible promissory note with interest as 10% per year dated October 8, 2019, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion. The note is due October 20, 2020.		6,671			50,000
Convertible promissory note with interest as 8% per year dated September 4, 2019, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion. The note is due September 4, 2020		79,500
Convertible promissory note with interest at 8% per year dated January 8, 2020, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days Immediately preceding the conversion. The note is due January 8, 2021		112,750
Convertible promissory note with interest as 8% per year dated October 22, 2019, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion. The note is due October 22, 2020		53,000			53,000
Other		10,000			-
	$	272,421		$	247,831
Discount on convertible notes		(20,688	)		(105,410	)
	$	251,733		$	142,421

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Income Taxes

9 Months Ended

Sep. 30, 2020

Income Tax Disclosure [Abstract]

Income Taxes

5. INCOME TAXES

For income tax purposes the Company has net operating loss carry forwards of $27,608,848 as of December 31, 2019 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 started 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.

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.

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Convertible Preferred Stock

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Convertible Preferred Stock

6. CONVERTIBLE PREFERRED STOCK

At December 31,, 2019 and 2018, the Company has 5,589,647 shares of Series a Preferred Stock outstanding. 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 of distribution is made to the holders of common stock. Each Series A Preferred share can be converted into common stock in the ration of 15:1.

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Common Stock

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Common Stock

7. COMMON STOCK

At September 30, 2020 and December 31, 2019, the Company had 2,439,158,559 and 560,915,727 shares of common stock outstanding, respectively. During the nine months ended September,30 2020, 1,878,242,832 shares of common stock were issued for the conversion of $98,130 in convertible debentures and accrued interest.

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Operating Lease

9 Months Ended

Sep. 30, 2020

Leases [Abstract]

Operating Lease

8. OPERATING LEASE

The Company has terminated all leases for office space as of December 31, 2019. The Company handles its executive functions from and shares space with its CPA firm, CG Davis & Associates at 7833 Walker Drive in Greenbelt, MD 20770.

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Stock Based Compensation

9 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

Stock Based Compensation

9. 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.

Stock Options and Warrants

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. These options expired unexercised during the year ended December 31, 2018.

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Related Party Transactions

9 Months Ended

Sep. 30, 2020

Related Party Transactions [Abstract]

Related Party Transactions

10. RELATED PARTY TRANSACTIONS

Certain stockholders have made cash advances to the Company to help with short-term working capital needs. The net payments to stockholders with unstructured payment plans amounted to $3,000 and $16,269 for the periods ended September 30, 2020 and December 31, 2019, respectively. The total balance due on unstructured loans from stockholders amounted to $263,512 at September 30, 2020 and $266,512 at December 31, 2019, respectively. Loans from stockholders made with repayment terms are described in Note 4 above.

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Issuable Common Stock

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Issuable Common Stock

11. ISSUABLE COMMON STOCK

As of December 31, 2019 45,740,000 shares of the authorized shares, amounting to $20,500 had not been issued. As of September 30, 2020 an additional subscription was issued authorizing another 60,000,000 shares for $10,000.

On June 5, 2020, the Company subscribed 10,000,000 shares of common stock and issued options to purchase 25,000,000 shares of the Company’s common stock in order to acquire the a domain name and toll free numbers to distribute CBD based products. The Company recorded the acquisition at the fair value of the shares to be issued and options issued of $23,715. Estimated amortization expense over the next three years is as follows:

1	$	7,905
2		7,905
3		7,905
	$	23,715

During the nine months ended September 30, 2020, the Company recognized $2,635 in amortization expense.

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Contingent Liability

9 Months Ended

Sep. 30, 2020

Commitments and Contingencies Disclosure [Abstract]

Contingent Liability

12. 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 or the equivalent in cash at Mr. Than’s direction. With the change in management in 2019, $376,800 in additional compensation to Mr. Than was accrued. Mr. Than’s current base salary is $120,000 per annum.

Effective July 1, 2019 the Board of Directors authorized a new employment contract with John Campo to become CEO of View Systems, Inc. Mr. Campo’s current base salary is $120,000 per annum.

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Derivative Instrument

9 Months Ended

Sep. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instrument

13. DERIVATIVE INSTRUMENT

The Company has note payables with elements that qualify as a derivative instrument. The note payable are convertible at the lowest trading price during the previous 15-25 days ending on the last trading day prior to notice. This variable conversion feature requires bifurcation from the convertible debenture and measurement at fair value.

The derivative liability, as it relates to the instrument, is shown in the following table:

Fair Value, December 31, 2019	$	383,852
Change in value of derivative liability		438,691
Fair Value, September 30, 2020	$	822,543

The derivative liability was valued using the Black-Scholes method with the following inputs:

Expected life	9 months
Stock price volatility		245	%
Annual risk-free interest rate		2.63	%
Expected dividends		None

ASC 820, “Fair Value Measurements” and ASC 825, “Financial Instruments”, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument is categorized within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. It prioritizes the inputs into three levels that may be used to measure fair value:

Level 1

Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.

Level 2

Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.

Level 3

Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.

Assets and liabilities measured at fair value on a recurring basis were presented on the Company’s consolidated balance sheet as of September 30, 2020 and December 31, 2019 as follows:

					Fair Value Measurements at September 30, 2020 Using Fair Value Hierarchy
Description	Total		Level 1		Level 2		Level 3
Derivative liability	$	822,543	$	-	$	-	$	822,543
Total	$	822,543	$	-	$	-	$	822,543

					Fair Value Measurements at December 31, 2019 Using Fair Value Hierarchy
Description	Total		Level 1		Level 2		Level 3
Derivative liability	$	383,852	$	-	$	-	$	383,852
Total	$	383,852	$	-	$	-	$	383,852

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License Agreement

9 Months Ended

Sep. 30, 2020

License Agreement

License Agreement

14. LICENSE AGREEMENT

In August 2018, the Company executed a license agreement with IPVideo Corporation (“IPVideo”) where the company licensed the View Scan Concealed Weapons Detection System and all related hardware, software, documentation and manufacturing detail to IPVideo. IPVideo is required to pay $300 to the Company per View Scan unit sold in IPVideo.

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Memorandum of Understanding with Sannabis

9 Months Ended

Sep. 30, 2020

Business Combinations [Abstract]

Memorandum of Understanding with Sannabis

15. MEMORANDUM OF UNDERSTANDING WITH SANNABIS

During 2019 the Company agreed to a Memorandum of Understanding to acquire Sannabis S.A.S. and New Columbia Resources, Inc. The agreement gives the company a First Right of Refusal to acquire both companies upon satisfaction of certain conditions. The conditions have not been me to date and the acquisition has not been consummated. During the year ended December 31, 2019, the Company invested $58,660 in developing this agreement, of which $38,660 was for operating expenses and $20,000 was to acquire equipment and supplies for use in this venture. During the period ended June 30, 2020 the Company invested an additional $37,956 for this purpose of all of the investment was for operating expenses.

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Subsequent Events

9 Months Ended

Sep. 30, 2020

Subsequent Events [Abstract]

Subsequent Events

NOTE 16. SUBSEQUENT EVENTS

Subsequent to September 30, 2020, the Company issued 1,056,056,337 shares of common stock to convert convertible debentures and accrued interest.

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Nature of Operations and Summary of Significant Accounting Policies (Policies)

9 Months Ended

Sep. 30, 2020

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.

During the second quarter of 2017, the Company established a new business line in the Erectile Dysfunction Medical market by opening one clinic within its’ Medical Therapeutics subsidiary. In the fourth quarter of 2018, the Company sold its Medical Therapeutics division to another company called Ultimate Sports, Inc.

Basis of Presentation

Basis of Presentation

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with US generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by US generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. For further information, refer to the audited consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019.

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.

Revenue Recognition

Revenue Recognition

Effective January 1, 2018, the Company adopted ASU No. 2014-9, “Revenue from Contracts with Customers” and the related amendments (“Topic 606”) using the modified retrospective method. Topic 606 was applied to all uncompleted contracts by recognizing the cumulative effect of initially applying Topic 606 as an adjustment to the opening balancer of equity at January 1, 2018. Due to the cumulative net impact of adopting ASC 606, the January 1, 2018 balance of accumulated deficit was increased by $51,148, primarily relating to the accelerated recognition of revenue on installation projects.

Under Topic 606, revenue is measured based on consideration specified in the contract with a customer. A performance obligation is a promise in a contract to transfer a distinct good or service to the customer and is the unit of account in Topic 606. Revenue from all customers is recognized when a performance obligation is satisfied by transferring control of a product or service to a customer. Amounts billed to customers for shipping and handling are included in revenue.

The Company has three main products, namely the concealed weapons detection system, the visual first responder system and the Viewmaxx digital video system. 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. 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.

During 2019, sales consisted of the sale of one demonstration unit and the fulfillment of extended warranties. The Company did not sell its’ products or installation and training, but rather only fulfilled extended warranties on its’ existing installed units. Under the new guidance, there is no change in our revenue recognition for extended warranty as compared to revenue recognition for these transactions under the prior revenue standards. The Company recognizes revenue from extended warranty contracts ratably over the warranty period.

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 September 30, 2020 and 2019 amounted to $0 and $0, 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 2015. 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 periods ended September 30, 2020 and 2019 were $0 and $0, 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 September 30, 2020 and 2019 does not include potential shares of common stock equivalents, as their impact would be antidilutive. The following reconciles amounts reported in the financial statements:

	Income			Weighted Avg
	(Loss)			Shares		Per-share
	(Numerator)			(Denominator)		Amount
Period ended September 30, 2020
Loss from operations which is the amount that is available to common stockholders	$	(1,339,132	)		1,475,807,068	$	(0.00	)
Period ended September 30, 2019
Loss from operations which is the amount that is available to common stockholders	$	(308,285	)		372,520,421	$	(0.00	)

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Nature of Operations and Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2020

Accounting Policies [Abstract]

Schedule of Calculation of Net Loss Per Share Available to Common Stockholders

The following reconciles amounts reported in the financial statements:

	Income			Weighted Avg
	(Loss)			Shares		Per-share
	(Numerator)			(Denominator)		Amount
Period ended September 30, 2020
Loss from operations which is the amount that is available to common stockholders	$	(1,339,132	)		1,475,807,068	$	(0.00	)
Period ended September 30, 2019
Loss from operations which is the amount that is available to common stockholders	$	(308,285	)		372,520,421	$	(0.00	)

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Notes Payable (Tables)

9 Months Ended

Sep. 30, 2020

Debt Disclosure [Abstract]

Schedule of Notes Payable

Notes payable as of September 30, 2020 and December 31, 2019 consists of the following:
	2020			2019
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
Convertible promissory note with interest as 8% per year dated January 24, 2018, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion. The note was due October 24, 2018 and is currently in default		-			16,831
Convertible promissory note with interest as 8% per year dated July 2, 2018, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion. The note was due July 2, 2019 and is currently in default		40,000			40,000
Convertible promissory note with interest as 8% per year dated August 19, 2019, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion. The note is due August 19, 2020		-			38,000
Convertible promissory note with interest as 10% per year dated October 8, 2019, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion. The note is due October 20, 2020.		6,671			50,000
Convertible promissory note with interest as 8% per year dated September 4, 2019, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion. The note is due September 4, 2020		79,500
Convertible promissory note with interest at 8% per year dated January 8, 2020, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days Immediately preceding the conversion. The note is due January 8, 2021		112,750
Convertible promissory note with interest as 8% per year dated October 22, 2019, convertible into the Company’s common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion. The note is due October 22, 2020		53,000			53,000
Other		10,000			-
	$	272,421		$	247,831
Discount on convertible notes		(20,688	)		(105,410	)
	$	251,733		$	142,421

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Issuable Common Stock (Tables)

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Schedule of Future Amortization Expenses

Estimated amortization expense over the next three years is as follows:

1	$	7,905
2		7,905
3		7,905
	$	23,715

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Derivative Instrument (Tables)

9 Months Ended

Sep. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value of Derivative Liability

The derivative liability, as it relates to the instrument, is shown in the following table:

Fair Value, December 31, 2019	$	383,852
Change in value of derivative liability		438,691
Fair Value, September 30, 2020	$	822,543

Schedule of Fair Value Assumptions of Derivative Liability

The derivative liability was valued using the Black-Scholes method with the following inputs:

Expected life	9 months
Stock price volatility		245	%
Annual risk-free interest rate		2.63	%
Expected dividends		None

Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis were presented on the Company’s consolidated balance sheet as of September 30, 2020 and December 31, 2019 as follows:

					Fair Value Measurements at September 30, 2020 Using Fair Value Hierarchy
Description	Total		Level 1		Level 2		Level 3
Derivative liability	$	822,543	$	-	$	-	$	822,543
Total	$	822,543	$	-	$	-	$	822,543

					Fair Value Measurements at December 31, 2019 Using Fair Value Hierarchy
Description	Total		Level 1		Level 2		Level 3
Derivative liability	$	383,852	$	-	$	-	$	383,852
Total	$	383,852	$	-	$	-	$	383,852

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Nature of Operations and Summary of Significant Accounting Policies (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019	Jan. 02, 2018
Increase in accumulated deficit	$ (31,370,009)		$ (30,030,877)	$ 51,148
Depreciation expense	0	$ 0
Advertising costs	$ 0	$ 0
Equipment [Member] | Minimum [Member]
Property and equipment, useful lives	5 years
Equipment [Member] | Maximum [Member]
Property and equipment, useful lives	7 years
Software Tools [Member]
Property and equipment, useful lives	3 years

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Nature of Operations and Summary of Significant Accounting Policies - Schedule of Calculation of Net Loss Per Share Available to Common Stockholders (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Accounting Policies [Abstract]
Income (loss)			$ (1,339,132)	$ (308,285)
Weighted average shares	1,972,681,668	372,520,421	1,475,807,068	372,520,421
Per-share amount	$ 0.00	$ (0.00)	$ (0.00)	$ (0.00)

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Going Concern (Details Narrative) - USD ($)	3 Months Ended						9 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019	Jan. 02, 2018
Net loss	$ 942,980	$ (1,697,240)	$ (584,872)	$ (109,370)	$ (127,286)	$ (71,629)	$ (1,339,132)	$ (308,285)
Working capital deficiency	2,321,936						2,321,936
Accumulated deficit	(31,370,009)						(31,370,009)		$ (30,030,877)	$ 51,148
Stockholder [Member]
Loan from stockholder in default	$ 50,000						$ 50,000

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Notes Payable - Schedule of Notes Payable (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Notes payable, gross	$ 272,421	$ 247,831
Discount on convertible note	(20,688)	(105,410)
Total	251,733	142,421
Demand Loan Payable [Member]
Notes payable, gross	50,000	50,000
Convertible Promissory Note [Member]
Notes payable, gross		16,831
Convertible Promissory Note One [Member]
Notes payable, gross	40,000	40,000
Convertible Promissory Note Two [Member]
Notes payable, gross		38,000
Convertible Promissory Note Three [Member]
Notes payable, gross	6,671	50,000
Convertible Promissory Note Four [Member]
Notes payable, gross	79,500
Convertible Promissory Note Five [Member]
Notes payable, gross	112,750
Convertible Promissory Note Six [Member]
Notes payable, gross	53,000	53,000
Other [Member]
Notes payable, gross	$ 10,000

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Notes Payable - Schedule of Notes Payable (Details) (Parenthetical)	Jan. 08, 2020	Oct. 22, 2019	Oct. 08, 2019	Sep. 04, 2019	Aug. 19, 2019	Jul. 02, 2018	Jan. 24, 2018	Sep. 18, 2009
Demand Loan Payable [Member]
Debt instrument, interest rate								5.00%
Debt instrument, maturity date								Dec. 17, 2009
Convertible Promissory Note [Member]
Debt instrument, interest rate							8.00%
Debt instrument, maturity date							Oct. 24, 2018
Debt instrument, description							The Company's common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion.
Convertible Promissory Note One [Member]
Debt instrument, interest rate						8.00%
Debt instrument, maturity date						Jul. 02, 2019
Debt instrument, description						The Company's common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion.
Convertible Promissory Note Two [Member]
Debt instrument, interest rate					8.00%
Debt instrument, maturity date					Aug. 19, 2020
Debt instrument, description					The Company's common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion.
Convertible Promissory Note Three [Member]
Debt instrument, interest rate			10.00%
Debt instrument, maturity date			Oct. 20, 2020
Debt instrument, description			The Company's common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion.
Convertible Promissory Note Four [Member]
Debt instrument, interest rate				8.00%
Debt instrument, maturity date				Sep. 04, 2020
Debt instrument, description				The Company's common stock 50% discount to the lowest trading price during 25 trading days Immediately preceding the conversion.
Convertible Promissory Note Five [Member]
Debt instrument, interest rate	8.00%
Debt instrument, maturity date	Jan. 08, 2021
Debt instrument, description	The Company's common stock 50% discount to the lowest trading price during 25 trading days Immediately preceding the conversion.
Convertible Promissory Note Six [Member]
Debt instrument, interest rate		8.00%
Debt instrument, maturity date		Oct. 22, 2020
Debt instrument, description		The Company's common stock 50% discount to the lowest trading price during 25 trading days immediately preceding conversion.

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Income Taxes (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Net operating loss carry forwards		$ 27,608,848
Expiration date	Dec. 31, 2018
Income tax examination percentage	50.00%

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Convertible Preferred Stock (Details Narrative) - $ / shares	9 Months Ended
	Sep. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
Preferred stock, shares outstanding	5,589,647	5,589,647
Preferred stock, conversion basis	Each Series A Preferred share can be converted into common stock in the ration of 15:1.
Series A Preferred Stock [Member]
Preferred stock, shares outstanding		5,589,647	5,589,647
Preferred stock, liquidation preference per share		$ 0.001	$ 0.001

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Common Stock (Details Narrative) - USD ($)	3 Months Ended					9 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Mar. 31, 2019	Sep. 30, 2020	Dec. 31, 2019
Common stock, shares outstanding	2,439,158,559					2,439,158,559	560,915,727
Number of shares issued for conversion, value	$ 117,329	$ 213,100	$ 133,240	$ 20,800	$ 120,245
Convertible Debenture and Accrued Interest [Member]
Number of shares issued for conversion						1,878,242,832
Number of shares issued for conversion, value						$ 98,130

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Stock Based Compensation (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2011	Jun. 01, 2010	Apr. 02, 2010
2010 Equity Incentive Plan [Member]
Common stock reserved for future issuance			50,000,000
Stock issued during period share based compensation, shares	14,116,433
Stock issued during period share based compensation, value	$ 92,065
2010 Service Provider Stock Compensation Plan [Member]
Common stock reserved for future issuance		50,000,000

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Related Party Transactions (Details Narrative) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Related Party Transactions [Abstract]
Net payments to related party	$ 3,000	$ 16,269
Loans from stockholders	$ 263,512	$ 266,512

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Issuable Common Stock (Details Narrative) - USD ($)		9 Months Ended
	Jun. 05, 2020	Sep. 30, 2020	Dec. 31, 2019
Equity [Abstract]
Stock unissued, shares		60,000,000	45,740,000
Stock unissued, value		$ 10,000	$ 20,500
Stock subscribed during the period	10,000,000
Issued options to purchase shares	25,000,000
Fair value of shares and options issued	$ 23,715
Amortization expense		$ 2,635

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Issuable Common Stock - Schedule of Future Amortization Expenses (Details)	9 Months Ended
	Sep. 30, 2020 USD ($)
Issuable Common Stock - Schedule Of Future Amortization Expenses
1	$ 7,905
2	7,905
3	7,905
Future Amortization Expenses	$ 23,715

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Contingent Liability (Details Narrative) - USD ($)	Jul. 02, 2019	Jan. 01, 2015	Dec. 31, 2019
Gunther Than [Member]
Employment contract, description		Mr. Than will receive a minimum of three year's salary plus 4.8 million shares of unrestricted stock or the equivalent in cash at Mr. Than's direction. With the change in Management in 2019, $376,800 in additional compensation to Mr. Than was accrued. Mr. Than's current base salary is $120,000 per annum.
Current base salary		$ 120,000
Accrued compensation			$ 376,800
John Campo [Member]
Current base salary	$ 120,000

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Derivative Instrument - Schedule of Fair Value of Derivative Liability (Details)	9 Months Ended
	Sep. 30, 2020 USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair value, Beginning balance	$ 383,852
Change in value of derivative liability	438,691
Fair value, Ending balance	$ 822,543

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Derivative Instrument - Schedule of Fair Value Assumptions of Derivative Liability (Details)	9 Months Ended
	Sep. 30, 2020
Expected Life [Member]
Derivative liability, measurement term	9 months
Stock Price Volatility [Member]
Derivative liability, measurement input	245
Annual Risk-Free Interest Rate [Member]
Derivative liability, measurement input	2.63
Expected Dividends [Member]
Derivative liability, measurement input	0.00

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Derivative Instrument - Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Derivative liability	$ 822,543	$ 383,852
Level 1 [Member]
Derivative liability
Level 2 [Member]
Derivative liability
Level 3 [Member]
Derivative liability	822,543	383,852
Fair Value, Recurring [Member]
Derivative liability	822,543	383,852
Fair Value, Recurring [Member] | Level 1 [Member]
Derivative liability
Fair Value, Recurring [Member] | Level 2 [Member]
Derivative liability
Fair Value, Recurring [Member] | Level 3 [Member]
Derivative liability	$ 822,543	$ 383,852

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License Agreement (Details Narrative)	1 Months Ended
	Aug. 31, 2018 USD ($)
License Agreement
Payments required to pay hardware and software units	$ 300

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Memorandum of Understanding with Sannabis (Details Narrative) - Sannabis S.A.S. and New Columbia Resources, Inc [Member] - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Payments to acquire investments	$ 37,956	$ 58,660
Business combination operating expenses		38,660
Payments to acquire equipment		$ 20,000

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Subsequent Events (Details Narrative)	3 Months Ended
	Dec. 16, 2020 shares
Subsequent Event [Member]
Number of shares common stock to convertible debentures	1,056,056,337