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View Systems, Inc. (VSYM)

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View Systems, Inc.
6 Park Center Ct, Suite 201, Owings Mills, Maryland 21117

Medical Therapeutics, LLC - Subsidiary of View Systems, Inc.

6 Park Center Ct, Suite 201, Owings Mills, Maryland 21117

SEC Financial Filings:

View Systems Inc. Ownership Information:
SEC Edgar System:

State of Incorporation:


: Status INACTIVE. Event Date Filed 08/29/2003


View Systems, Inc.:^VSYM
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Gunther Than, Director, Treasurer and Chief Executive Officer

Gunther Than was appointed Treasurer in July 2003 and has served as our Chief Executive Officer since September 1998. He served as our President from September 1998 to May 2003 and had served intermittently as Chairman of the Board from September 1998 to September 2003. Mr. Than was the founder, President and CEO of Real View Systems, Inc., a company that developed compression technology and computer equipment. Real View Systems was acquired by View Systems in 1998. Mr. Than is the founder, President and CEO of View Technologies, Inc., a software development company, and he continues in those positions. Mr. Than is a graduate of the University of Wisconsin, with a dual Bachelors degree in engineering physics and applied mathematics.

Michael L. Bagnoli, Secretary and Director. Mr. Bagnoli became a Director in May 1999 and was appointed Secretary in June 2004. He holds degrees as a medical doctor and a dental specialist. Since 1988 he has practiced dentistry in the specialty area of oral and masiofacial surgery for a physician group in Lafayette, Indiana. In his practice he introduced arthroscopy surgery along with the full scope of arthroplastic and total joint reconstruction. Mr. Bagnoli was founder, CEO and president of a successful medical products company, Biotek, Inc., which was sold in 1994.

Martin Maassen, Director. Mr. Maassen became a Director in May 1999, he formerly served as our Chairman of the Board from April 2000 to September 2002. From September 1995 to the present he is a staff physician at Lafayette Emergency Care, P.C. located in Lafayette, Indiana. He is board-certified in internal medicine and emergency medicine and has served as a staff physician in the emergency departments of Jackson County, Deaconess, Union and St. Elizabeth hospitals located in Indiana. In addition to practicing medicine, he maintains an expertise in computer technologies and their medical applications.


The Company manufactures computer software and hardware used for threat detection and surveillance applications. These security systems are utilized in a wide range of situations and environments and are a key part of any risk mitigation and access control package. The Company manufactures and distributes products in the “Security and People Screening” category or contraband detectors. An analysis of the global threats to government and business confirm that these products will remain the top Government and Commercial electronic security buying category for the next five to ten years.

The Company is also an established and competent security services expert. It designs and executes solutions to complex global security and risk management problems.

The Company has developed a range of technologically sophisticated security system products. These include:

ViewScan: A walk-through concealed weapons detector that pinpoints weapons, and eliminates false alarms triggered by innocent metal objects. It utilizes a commercial lap top computer and can be integrated with our biometric positive identification verification system. The portable, has a fifteen minute set-up time utilizing only a Phillips screwdriver, fits inside a golf size case and can runs on a battery.

Visual First Responder: A first response remote video transmission system, utilized in areas where hazardous materials have been exposed. Small enough to be worn on a belt, helmet or vest, it transmits conventional video or infrared imagery to the command post. It is ideal for law enforcement SWAT teams, Fire Rescue units and HAZMAT team operations.

ViewScan Background/OverView:

The ViewScan was developed in 2002. "We (View Systems) acquired exclusive licenses to manufacture, use, sub-license and distribute technology and processes for the concealed weapons detection technology and the first response wireless video transmitting system from Bechtel BWXT Idaho, LLC.  Bechtel BWXT Idaho, LLC manages and operates the U.S. Department of Energy's Idaho National Engineering Laboratory ("Idaho Engineering Lab"). The development of the concealed weapons detection technology was funded by the National Institute of Justice and development was performed by the Idaho Engineering Lab. The ViewScan concealed weapons detection technology was patented by the Department of Energy and approved by the Federal Aviation Administration.


We have accreditation from the DPS Police who have implemented our machines in the Detroit Public School System.

View Systems, Inc. School Security Products Clients

  • East Orange High School, East Orange, NJ
    Detroit Public School System, Detroit, MI
    Metro Public Schools, Nashville, TN
    Lookout Mtn Youth Svcs Center, Golden, CO
    Milwaukee Public Schools, Milwaukee, WI

Maryland Department of Public Safety and Correctional Services

Pennsylvania Courthouse

Prominent New Jersey courthouse. ViewScan units have been in place at correctional facilities throughout the state of New Jersey for more than three years.

SEC's new headquarters in Washington, D.C.

Inglewood Unified School District, (IUSD) Inglewood, CA.

New York City's Department of Transportation.

 "In February 2005 we tested the ViewScan at the pre-game venues of the Super Bowl football game in Jacksonville, Florida. During that installation, the portal scanned up to 3,000 to 4,000 people and at various times throughput ranged from approximately 600 to 1,200 persons per hour".

 2005 Major League Baseball's All Star Game at Comerica Park in Detroit, MI on July 12th.

 2008 Olympics in Beijing. ViewScans were placed at the VIP entrance to the Beijing Olympic Basketball Gymnasium. This unit
placement was facilitated by View's dealer representative in China, Shanghai Zhongbao Security Business Consulting Co., Ltd.

ViewScan UltraLite Portable, Battery-Operated Security Screening System

The new  ViewScan UltraLite is View's latest and most compact concealed weapons detection model, taking up little space but providing immensely accurate screening.  ViewScan  is the most technologically advanced walk-through Concealed Weapons Detection System (CWD).  Its easy-to-use, PC-based software displays and tracks persons who are carrying threat objects, greatly simplifying the process of discriminating suspicious items from harmless ones. Its highly sensitive, completely passive sensor technology accurately detects the location and number of threat objects such as knives, guns and razor blades. Simultaneously, it ignores personal artifacts like coins, keys and belt buckles. The graphical user interface (GUI) displays an object's location  on the image of the scanned person (see screen shots on reverse). ViewScan does not interfere with any medical devices including pacemakers and is safe for pregnant women. 

•  Unit is totally portable and folds in half for easy transport
•  Arrives packaged in an SKB travel case
•  Battery operated (optional)
•  Unit weighs only 23 lbs (Approx. 45 lbs shipping weight)
•  V.S.U.L. is so compact  that it can be checked on an airline flight


VFR (Visual First Responder)

The VFR was designed with input from hundreds of professionals and departments. It is a multi-mission video system which is worn by forward operators. This rugged and compact system is easy to deploy and use. The body-worn camera and transmitter set send clear and steady video back to scene commanders in real time. The system signal can also be encrypted, so the video can only be viewable at the viewing console.


  • Can be placed on K-9 units during enforcement or search and rescue operations
    5 mile range when used with the optional extension link components
    Can be used for live mission documentation as well as real-time training observation

Outstanding Shares:

326,705,526 as of August 14, 2017
312,205,526 at November 23, 2015
311,205,526 at August 13, 2015
308,605,526 Outstanding at May 18, 2015
280,605,526 Outstanding at November 14, 2014 per 10-Q dated November 19, 2014.
133,179,400 Outstanding at November 9, 2011 per Form 10-Q filed November 21, 2011.
127,987,092 Outstanding at August 2, 2011 per Form 10-Q filed August 9, 2011.
102,440,492 Outstanding at May 11, 2011 per Form 10-Q filed May 16,2011.
March 21, 2011 - 102,440,492 shares of common stock are outstanding. Per March 23,  2011 Form 10-K/A.
March 7, 2011 - 97,410,189 shares of common stock are outstanding.
As of December 10 , 2010, there were 94,343,369 shares of our common stock issued and outstanding and 89,647 shares of our preferred stock issued and outstanding. (12.14.10 S-1/A)
November 10, 2010: 94,343,369 shares were issued and outstanding (11.15.2010 10-Q).
September 10, 2010: 93,343,369 shares were issued and outstanding (09.13.2010 10-Q/A).  Authorized shares: 950,000,000.
April 2, 2010, 83,903,369 shares were issued and outstanding (04.28.10 DEF14C).
March 30, 2010, 83,903,369 shares of common stock are outstanding.
January 11, 2010, there were 79,442,369 shares of our common stock issued and outstanding...
December 16, 2009: 79,442,369

Float: 36,144,942

"Shareholders of Record

As of December 31, 2010, there were approximately 273 holders of record of our common stock, not including holders who hold their shares in street name.  
As of September 30, 2010, there were approximately 364 holders of record of our common stock, not including holders who hold their shares in street name".


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Market Makers (partial list) said to handle promotions, insider transactions, S-8's, and Convertible Debentures.

FANC: major S- 8 player: if there is an S- 8 on a Stock most likely he will be there on the ask until it dries up
HDSN: major CD Seller Handles a lot CD transactions.
CLYP: heavy seller if you see him on the bid it's unusual

MARKET MAKER UPDATE 04-03-2008 By Bill Panetta




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#8113  Sticky Note View Systems, Inc. (VSYM) Financial Reports Show Excellent deri21 09/05/18 09:39:03 AM
#8136   CANT box, .0041/.0043. harr449 09/17/18 11:11:29 AM
#8135   CANT traded 11% of August 2018 volume, OTCX 1%. harr449 09/14/18 01:00:21 PM
#8134   .0036/.0043, OTCX/CANT (size 500K). OTCX .0043 Ask, harr449 09/14/18 12:38:13 PM
#8133   Yep, just an email. On Watch! Fireindahole101 09/14/18 10:17:04 AM
#8132   Checked your boardmail? Did you get some type harr449 09/13/18 06:31:01 PM
#8131   Volume 6.476M. Close .004. harr449 09/13/18 04:51:16 PM
#8130   Earlier, CANT showed up on .0028 top bid side. harr449 09/13/18 01:02:29 PM
#8129   2017 Investment Opportunity - (Medical ED Therapeutics) harr449 09/13/18 12:50:44 PM
#8128   10K, .0036, 55K, .0044. Market order? harr449 09/13/18 12:27:50 PM
#8127   5K, .0036. Ask .0044. harr449 09/13/18 12:19:03 PM
#8126   ETRF bid size 50K. harr449 09/13/18 12:08:19 PM
#8125   ETRF top bid, .0028. 550K shares traded. harr449 09/13/18 11:46:42 AM
#8124   NITE .0026 top bid. harr449 09/13/18 11:06:16 AM
#8123   240K trade at .0027 bid (CDEL). harr449 09/13/18 11:05:40 AM
#8122   Market order selling. Another stupid businessman. harr449 09/13/18 10:56:58 AM
#8121   Now .0027/.0028. CDEL box. harr449 09/13/18 10:49:34 AM
#8120   .0027/.0045, Volume 5.5M. Price .0028. harr449 09/13/18 10:47:41 AM
#8119   Time Price Volume Market harr449 09/12/18 04:21:50 PM
#8118   Bid whacking today. harr449 09/12/18 10:56:01 AM
#8117   VSYM is Strong Buy. harr449 09/11/18 07:15:14 PM
#8116   PR Contact is CEO Gunther Than per today’s PR. harr449 09/05/18 07:11:46 PM
#8115   Close .0048, up 20%. harr449 09/05/18 07:07:36 PM
#8114   Noticing that CEO Than not being quoted in harr449 09/05/18 04:42:56 PM
#8113   View Systems, Inc. (VSYM) Financial Reports Show Excellent deri21 09/05/18 09:39:03 AM
#8112   Just checked my boardmail and found $VSYM$. Wish Fireindahole101 08/31/18 06:49:46 PM
#8111   View Systems signs worldwide licensing agreement with IPVideo Corporation harr449 08/31/18 06:06:24 PM
#8110   Vol. 551K. harr449 08/31/18 05:58:41 PM
#8109   Close .0041, up 24%. Yep, someone’s buying harr449 08/31/18 05:58:09 PM
#8108   Been shareholder for years. VSYM never had harr449 08/30/18 06:04:17 PM
#8107   I am surprised that nobody but yourself shows nauter 08/30/18 12:55:05 PM
#8106   dt bid to .0031. ETRF buy order harr449 08/29/18 01:35:53 PM
#8105   ETRF Bid size 301,830. harr449 08/29/18 12:51:40 PM
#8104   ut bid to .0033. harr449 08/29/18 12:35:45 PM
#8103   10-Q numbers show improvement with medical subsidiary. harr449 08/29/18 12:21:06 PM
#8102   8/28/2018 10-Q harr449 08/29/18 09:11:56 AM
#8101   looks good nauter 08/28/18 01:14:17 PM
#8100   View Systems, Inc. (VSYM) Enters into Exclusive Worldwide Rainer 08/28/18 10:47:00 AM
#8099   Close .0035. harr449 08/19/18 08:24:27 AM
#8098   Close .0034. harr449 08/13/18 05:19:31 PM
#8097   08/13/2018 @ 1:45PM Notification That Quarterly Report harr449 08/13/18 05:14:09 PM
#8096   .0034 Close. harr449 08/09/18 06:09:57 PM
#8095   You have our information and experiences with NEWC Yooo 08/08/18 05:07:47 PM
#8094   LOL, your VSYM opinions appear to be bases harr449 08/08/18 03:19:47 PM
#8093   VSYM Insider Trading Form 4. ZERO for harr449 08/08/18 12:28:40 PM
#8092   Brokers/Analysts don’t make decisions re: VSYM. harr449 08/08/18 09:20:11 AM
#8091   Insiders have not sold shares for years. harr449 08/08/18 09:17:39 AM
#8089   Read SEC filings for the truth. harr449 08/08/18 09:15:06 AM
#8088   These opinions are based off shareholders horrific experiences Yooo 08/08/18 07:10:20 AM
#8087   Be careful for a R/S at these levels Yooo 08/07/18 09:13:35 PM
#8086   He does seem to be the contact guy tsoprano-1 08/07/18 06:27:28 PM