View Systems Inc. (fka VSYM)

[Batscam]

I guess this proves the CFO is an idiot.

Management believes we will need to take the necessary steps to file a registration of common stock to fund growth and acquisitions during 2010. The Company intends to hold a special meeting of shareholders during 2010 to consider, among, other things, an increase in the authorized common stock of the Company to 250,000,000 shares

http://www.sec.gov/Archives/edgar/data/1075857/000102317510000071/viewsystemsinc10k2009draft3r.htm


on the other hand, it may mean that the 1 for 800 reverse split is back on!!!!


INTRODUCTION

The Board of Directors of View Systems, Inc. (the “Board”) approved a reverse split of 800:1 of the issued and outstanding of the common stock as soon as practicable possible to allow View Systems to move forward with needed financings, debt conversion and to further develop our business

http://www.sec.gov/Archives/edgar/data/1075857/000102317508000095/prer14c529082.htm