UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549-1004
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF
THE
SECURITIES EXCHANGE ACT OF 1934
| August
20, 2022 |
| Date
of Report (Date of Earliest Event Reported) |
| View
Systems, Inc. |
| (Exact
name of registrant as specified in its charter) |
| COLORADO |
|
000-30178 |
|
59-2928366 |
| (State
or other jurisdiction of incorporation) |
|
(Commission
File Number) |
|
(I.R.S.
Employer
Identification No.) |
6526
Point View Road
Benton,
AR 72019
(Address
of principal executive offices and Zip Code)
| (410)
236-8200 |
| (Registrant’s
telephone number, including area code) |
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
| ☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12) |
|
|
| ☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item
4.01 Changes in Registrant’s Certifying
Accountant
On
August 20, 2022, Yusufali & Associates, LLC (“Yusufali”) resigned as the independent registered public accounting firm
of View Systems, Inc. (“the Company”). The Company is compiling accounting records to engage a new auditor.
View
Systems, Inc. retained a new accounting firm that is preparing documents to submit to a new auditor, that has not yet been retained.
CONTROLS
AND PROCEDURES
Conclusion
Regarding the Effectiveness of Disclosure Controls and Procedures.
Under
the supervision and with the participation of our principal executive officer and principal financial officer, we conducted an evaluation
of our disclosure controls and procedures, as such term is defined under Rule 13a-15(e) promulgated under the Securities Exchange Act
of 1934, as amended (the Exchange Act. As a result of this evaluation, we identified material weaknesses in our internal control over
financial reporting as of December 31, 2014 as is identified below. Accordingly, our principal executive officer and principal financial
officer concluded that our disclosure controls and procedures were not effective as of April 27, 2017 as is described below.
Management’s
Annual Report on Internal Control Over Financial Reporting.
Our
management is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rule 13a-15(f)
and 15d-(f) under the Exchange Act. Our internal control over financial reporting are designed to provide reasonable assurance regarding
the reliability of financial reporting and the preparation of consolidated financial statements for external purposes in accordance with
U. S. generally accepted accounting principles. Our internal control over financial reporting includes those policies and procedures
that:
i.
pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect
the transactions and dispositions of our assets;
ii.
provide reasonable assurance that transactions are recorded as necessary to permit the preparation of our consolidated financial statements
in accordance with U. S. generally accepted accounting principles, and that our receipts and expenditures are being made only in accordance
with authorizations of our management and directors; and
iii.
provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that
could have a material effect on the consolidated financial statements.
Management
assessed the effectiveness of the Company’s internal control over financial reporting as of April 27, 2017. In making this assessment,
management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission in Internal Control-Integrated
Framework.
Management
has concluded that our internal control over financial reporting was not effective as April 27, 2017 due to the existence of material
weaknesses. The material weaknesses identified include the following:
Management’s
assessment identified several material weaknesses in our internal control over financial reporting. These material weaknesses include
the following:
●
Lack of appropriate segregation of
duties;
●
Limited capability to interpret and
apply accounting principles generally accepted in the United States;
●
Lack of formal accounting policies
and procedures that include multiple levels of review; and
●
Failure to properly record transactions related to asset acquisitions, derivative liabilities, and equity based payments to employees
and non-employees.
Item 9.01. Financial
Statements and Exhibits.
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 hereunto duly authorized.
| |
|
VIEW
SYSTEMS, INC. |
| |
|
|
|
|
| Date:
|
September
6, 2022 |
|
|
|
|
|
|
By: |
/s/
John Campo |
| |
|
|
|
John
Campo, President |
