SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): April 15, 2002
VIEW SYSTEMS, INC.
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(Exact name of registrant as specified in its charter)
Florida 1-15247 59-2928366
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(State or other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation) Identification No.)
Gunther Than, 1100 Wilso Drive, Baltimore, Maryland 21223
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(Address of Principal Executive Offices/Zip Code)
Registrant's telephone number, including area code: (410) 646-3000
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Not Applicable
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(Former Name or Former Address, if changed since last Report)
ITEM 5. OTHER EVENTS
On April 2, 2002, View Systems, Inc. (the "Registrant") filed a
Notification of Late Filing on Form 12b-25 relating to its Annual Report on Form
10-KSB for the fiscal year ended December 31, 2001. However, the Registrant is
unable to file the Form 10-KSB within the 15 day period provided by the filing
of such form. As of April 15, 2002, the Registrant is delinquent in filing its
Annual Report on Form 10-KSB for the fiscal year ended December 31, 2001.
On December 16, 2001, the Registrant acquired a minority interest in
Milestone Technology, Inc. ("Milestone") and on March 25, 2002, the Registrant
acquired 100% of the outstanding stock of Milestone. The Registrant has
experienced difficulty in collecting and integrating the financial data of, and
generating financial statements for, Milestone.
Because of the failure to file its Form 10-KSB within the prescribed
timeframe, the Registrant does not meet the adequate current public information
requirement contained in Rule 144(c), promulgated under the Securities Act of
1933, as amended, and the Registrant's shareholders may not rely on Rules 144 or
145 for the resale of restricted securities until the Registrant's Form 10-KSB
is filed and the Company has otherwise provided adequate current public
information.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) and (b) Not Applicable.
(c) Exhibits.
99.1 Press Release Dated March 25, 2002.
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.
(Registrant)
Date: 04/17/02 /s/ Gunther Than
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Gunther Than
President and
Chief Executive Officer
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INDEX TO EXHIBITS
Exhibit No. Description
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99.1 Press Release dated March 25, 2002 regarding the
acquisition of 100% of the outstanding stock of
Milestone Technology, Inc. by View Systems, Inc.
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