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View Systems, Inc. (VSYM)

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0.0004+0.0001 (+33.33%)
At close: 3:22PM EDT
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Neutralpattern detected
Previous Close0.0003
Open0.0004
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0004 - 0.0004
52 Week Range0.0001 - 0.0070
Volume10,366,728
Avg. Volume7,426,047
Market Cap1.541M
Beta (5Y Monthly)3.74
PE Ratio (TTM)N/A
EPS (TTM)-0.0020
Earnings DateAug 24, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    View Systems, Inc.’s (VSYM) Sannabis Announces New Product to Supply the Food and Beverage Industry with Cannabis Flavorings Full of Terpenes and Flavonoids to Enhance a Products Essence and Therapeutic Value

    Sannabis recently announced approvals by an Inspector from Colombia’s Ministry of Agriculture of their Seed Bank Facilities in anticipation of the Issuance of a coveted Cannabis Seed Use License. Cali, Colombia, April 20, 2021 (GLOBE NEWSWIRE) -- View Systems, Inc.’s (OTC:VSYM), Sannabis S.A.S. (the “Company”), a Colombian cannabis company, announces the development of a new product to supply the food and beverage industry with Cannabis flavorings. For several years Sannabis has been producing an essential oil with a mystical therapeutic essence that captivated users with the pure aroma and flavor of the botanical components of Cannabis. Sannabis redeveloped its essential oil into a Non-THC raw material that can be used by food and drink companies to flavor potentially hundreds of different products. Recently PepsiCo announced their Rockstar Energy launched a line of hemp-infused drinks in Germany with an “intense Hemp flavor.” PepsiCo says, “With outstanding category growth of 58% compared to the previous year, hemp products are the trend of the year for 2021 in the FMCG sector.” Sannabis aims to be a major supplier of not only the essence for this Food and Beverage Revolution, but also the hempseed oil needed to make these products. A large part of the smells and aromas associated with plants are due to the presence of terpenes and flavonoids. As opposed to Cannabinoids (CBD) with no smell or odor. Terpenes serve several functions in the plant to protect it from predators. Terpenes are compounds responsible for the aroma and flavors of cannabis, and support cannabinoids in producing desired effects. Flavonoids are similar to terpenes in that they contribute to a plant's aroma and flavor profile, but may offer their own unique therapeutic effects. Sannabis believes the cocktail market to be a huge opportunity for them, they will approach makers of spirits and other beverages interested in enhancing their offerings with therapeutic effects. Companies interested in working with Sannabis should contact the company at info@viewsystems.com. Recently Sannabis launched its “Holy Essence” product at top Salsa Dance Club in Cali-Colombia. Sannabis’ Holy Essence is added to the drink glass before the drink is poured, then on the rim to give the user a pure therapeutic essence and aroma without altering the taste of their cocktail. Click here to see videos of the launch and images of the product. Last week, Sannabis announced approval by an Inspector from Colombia’s Ministry of Agriculture of their Seed Bank facilities in anticipation of the Granting of a coveted Cannabis Seed Use License. Sannabis intends to work with the companies in the food and beverage industry interested in developing unique cannabis flavors and aromas by developing unique strains for their products. “I believe cannabis flavorings will be a HUGE market because it takes 2 pounds of cannabis to produce 5 ml of Cannabis Essential Oil, I believe Colombia is the only country that can produce it at scale to provide this raw material at a cost affordable to the average consumer. It also can command a premium for bars and restaurants to charge their customers to add to their cocktails,” stated John Campo, President of View Systems, Inc. and co-founder of Sannabis. Last year, Sannabis was issued a Fabrication license, click here to see their GRANTED Fabrication and Export License for cannabis derivatives. Sannabis also received notice from the Ministry of Justice concerning their cultivation licenses, they expect to have those licenses issued once the Ministry’s minor requests have been satisfied. About View Systems, Inc. View Systems Inc. provides security and surveillance products to law enforcement facilities such as correctional institutions as well as to government agencies, schools, courthouses, event and sports venues, the military and commercial businesses. View Systems' products are used by commercial businesses and residential consumers wishing to monitor their assets and limit their liability. For more information, visit www.viewsystems.com View Systems Inc. (www.viewsystems.com) is the developer of the ViewScan Weapons Detection System, a Department of Homeland Security (DHS) sanctioned product used by law enforcement and correctional facilities, government agencies, schools, courthouses, special events, sports venues, military, and commercial businesses. View Systems entered into an MOU to acquire Colombian Cannabis company, Sannabis, to diversify into the burgeoning Cannabis industry with new management committed to continue developing their ViewScan Weapons Detection System in Colombia for the local and international market. View Systems intends to file for a name and symbol change in the near future, however, they will continue to develop their newly enhanced state of the art ViewScan products in Barranquilla, Colombia for the local and international markets. ViewScan is installed at government agencies in Washington, DC and elsewhere, major school systems, correctional facilities, ports, and police stations around the world. View Scan has also been used at events where top security clearance is required for former Presidents. In this Market Survey Report commissioned by the U.S. Department of Homeland Security (DHS), ViewScan features are outlined in this report, https://www.dhs.gov/sites/default/files/publications/WTMD-MSR_0614-508.pdf Company/Media Contact: View Systems, Inc.John Campo, President/Chairman +1-410-236-8200 USA (Office/WhatsApp)+57-318-657-0918 Colombia (Office)jcampo@viewsystems.com Forward Looking Statements Forward Looking Statements; This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing works such as "anticipate," "seek," intend," "believe," "plan," "estimate," "expect," "project," "plan," or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements might not occur. Factors that could cause or contribute to such differences include financing, the future U.S. and global economies, the impact of competition, and the Company's reliance on existing regulations. View Systems, Inc. or Sannabis S.A.S. does not undertake any duty nor does it intend to update the results of these forward-looking statements.

  • GlobeNewswire

    View Systems, Inc.’s (VSYM) Sannabis Announces APPROVALS of their Seed Bank Facilities by Inspector from Colombian Institute of Agriculture (ICA) for the Issuance of a Coveted Cannabis Seed Use License in Colombia.

    Sannabis received two approvals, one for registration as an entity to conduct Agronomic Evaluation Studies (PEA), and another for registration as a producer of selected seeds. Cali, Colombia, April 15, 2021 (GLOBE NEWSWIRE) -- View Systems, Inc.’s (OTC:VSYM), Sannabis S.A.S. (the “Company”) announces the approval by an inspector from the Colombian Institute of Agriculture (ICA) of their Seed Bank Facilities in Popayán- CAUCA, Colombia, historically the country’s top marijuana growing region. The area is known for its unique landrace strains that have been sought after for many years by European seed banks due to their unique properties. These approvals allow for the commercialization of cannabis seeds certified by the Sannabis Seed Bank. Yesterday, the Ministry of Agriculture’s ICA performed a site visit at Sannabis Seed Bank Facilities for approvals to register as a producer of certified seeds, and to conduct Agronomic Evaluation Studies (PEA). Sannabis is happy to report that the ICA inspector has approved both, now they must wait for a final resolution from the Ministry of Agriculture to be issued before they can begin Agronomic Evaluation Studies. They were approved to study Psychoactive (>1% THC) and Non-Psychoactive (<1% THC) marijuana strains. Studies will begin with their University partners to certify the first 10 strains, including one to produce hemp building materials, such as hemp roof tiles Sannabis has developed along with a local University which have passed durability tests. These studies are necessary to be able to file a patent on these tiles. To see a copy of the reports approving the Seed Bank Facilities, click here. The phytosanitary studies require them to grow a test batch and measure its characteristics before coming to market in order to certify its genetics. Sannabis has registered Colombian Landrace Strains from the CAUCA department including Punto Rojo and Mango Biche. To see a list and technical specifications for the 160 Cannabis varieties they’ve registered with ICA, click here. As new countries legalize marijuana, they will need to source certified genetics from a national seed registrar such as Colombia’s ICA. Sannabis is in talks with several parties interested in working with them and will make announcements accordingly. The Ministry of Agriculture is not accepting new applications for Seed Use Licenses as of December 31, 2018. “These approvals, and subsequent Seed Use License, will allow us to forge relationships with the many global players looking to enter the legal marijuana industry in their home countries,” stated John Campo, President of View Systems, Inc. and co-founder of Sannabis S.A.S. “We’ve put many years of hard work towards achieving this goal and are ready to start providing certified genetics possible to customers around the World,” commented Juan Paulo Guzman, Director and co-founder of Sannabis S.A.S. Last year, Sannabis was issued a Fabrication license, click here to see their GRANTED Fabrication and Export License for cannabis derivatives. Sannabis also received notice from the Ministry of Justice concerning their cultivation licenses, they expect to have those licenses issued once the Ministry’s minor requests have been satisfied. About View Systems, Inc. View Systems Inc. provides security and surveillance products to law enforcement facilities such as correctional institutions as well as to government agencies, schools, courthouses, event and sports venues, the military and commercial businesses. View Systems' products are used by commercial businesses and residential consumers wishing to monitor their assets and limit their liability. For more information, visit www.viewsystems.com View Systems Inc. (www.viewsystems.com) is the developer of the ViewScan Weapons Detection System, a Department of Homeland Security (DHS) sanctioned product used by law enforcement and correctional facilities, government agencies, schools, courthouses, special events, sports venues, military, and commercial businesses. View Systems entered into an MOU to acquire Colombian Cannabis company, Sannabis, to diversify into the burgeoning Cannabis industry with new management committed to continue developing their ViewScan Weapons Detection System in Colombia for the local and international market. View Systems intends to file for a name and symbol change in the near future, however, they will continue to develop their newly enhanced state of the art ViewScan products in Barranquilla, Colombia for the local and international markets. ViewScan is installed at government agencies in Washington, DC and elsewhere, major school systems, correctional facilities, ports, and police stations around the world. View Scan has also been used at events where top security clearance is required for former Presidents. In this Market Survey Report commissioned by the U.S. Department of Homeland Security (DHS), ViewScan features are outlined in this report, https://www.dhs.gov/sites/default/files/publications/WTMD-MSR_0614-508.pdf Company/Media Contact: View Systems, Inc.John Campo, President/Chairman +1-410-236-8200 USA (Office/WhatsApp)+57-318-657-0918 Colombia (Office)jcampo@viewsystems.com Forward Looking Statements Forward Looking Statements; This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing works such as "anticipate," "seek," intend," "believe," "plan," "estimate," "expect," "project," "plan," or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements might not occur. Factors that could cause or contribute to such differences include financing, the future U.S. and global economies, the impact of competition, and the Company's reliance on existing regulations. View Systems, Inc. or Sannabis S.A.S. does not undertake any duty nor does it intend to update the results of these forward-looking statements.

  • GlobeNewswire

    View Systems, Inc. (VSYM) Announces Declaration of Dividend of View Systems International, Inc. to Shareholders of Record on February 19, 2021.

    Company continues to receive inquiries from existing customers wanting to upgrade their ViewScan Concealed Weapons Detection units to include thermal detection. Baltimore, Feb. 09, 2021 (GLOBE NEWSWIRE) -- View Systems, Inc. (OTC:VSYM), the developer of the award winning ViewScan Concealed Weapons Detection and Asset Control System, with over 500 installations in government buildings and military bases around the World, announces a declaration of dividend of View Systems International, Inc to shareholders of record on February 19, 2021. View Systems International, Inc., is an Intellectual Property and Development company with a focus on digital video activities, sensing devices, and concealed weapons detection technologies. View Systems International, Inc. (VSII) was incorporated under the laws of Colorado in 2006 as an operating entity for the international business of View Systems, Inc. (VSYM). View Systems, Inc. is a publicly traded company under the symbol “VSYM”, and the developer of the ViewScan Concealed Weapons Detector (CDW) and Theft Prevention Portal. VSYM is diversifying its business focus and transferring their ViewScan related intellectual property, customers, security sales, maintenance contracts, royalty agreements, and related receivables to VSII. View Systems, Inc. has developed, produced, and marketed computer software and hardware systems for security and surveillance applications. Its mainstay, the concealed weapons detection (CWD) technology has been cost-reduced and modified to serve the ingress security needs of state and federal government facilities, such as correctional facilities, court houses, schools, embassies, banks, sports venues, and various federal government agencies. It has also manufactured some proprietary portable First Responder video capture products, which have been sold to a variety of First Responders including the Army, National Guard, and Navy. ViewScan has been battle tested for over 15 years in police stations, courthouses, correctional facilities, ports, and more. It has also been used at the NFL Super Bowl, MLB All-Star Games, Clinton Global Initiative, Shanghai, China Police events, and many more international venues. The ViewScan is designated by the U.S. Department of Homeland Security (DHS) as a Concealed Weapons Detection walkthrough detector. In this Market Survey Report commissioned by DHS, ViewScan features are compared to their competitors, https://www.dhs.gov/sites/default/files/publications/WTMD-MSR_0614-508.pdf The ViewScan is totally benign, as it emits no Electromagnetic, millimeter, or X-ray waves. Its sensors are completely passive, and the operating unit completely safe. View Systems, Inc. has to date, gross revenues of approximately $12,246,175, while generating an approximate gross profit of $6,732,486, or 55% of sales. The approximate cost of sales, $5,513,707, includes development, manufacturing and technical support expenses. View Systems, Inc. shareholders of record on February 19, 2021 will receive 1(one) share of View Systems International, Inc. (VSII) for every 10,000 common shares of View Systems, Inc. (VSYM). VSII plans to register these shares through a Registration Statement. In 2019, ViewScan won the Best Anti-Terrorism Product at the Security Industry Association Expo in Las Vegas. Their systems are installed and still in operation, in many cases for over 10 years, at the Securities & Exchange Commission (SEC) in Washington D.C., The White House Communications Agency (WHCA), IRS-Boston Field Office, all Maryland Department of Corrections facilities, most High Schools in the Detroit Public School System, Courthouses in 20 counties in Georgia, Courthouses in San Bernardino, CA, and many, many more installations including banks, seaports, and police stations across the United States. Internationally, View Systems’ portals have been purchased by the Army of the United Arab Emirates (UAE) and other foreign entities. Aside from weapons detection, ViewScan is also used for asset loss prevention. Ingram Micro Inc., a NYSE listed global distributor of technology and supply chain services with close to $50 Billion in sales, reported the Company’s ViewScan Concealed Weapons Detector has dramatically reduced theft at their massive 1 MM Sq. Ft. distribution center in Memphis, TN. The ViewScan solution was such a success for Ingram Micro’s Memphis facility that they rolled out in the Chicago Distribution Center. To read the case study online, click here. To see a demonstration of the ViewScan Concealed Weapons Detector, click here. To read testimonials from ViewScan customers including Sheriff’s Offices, Correctional facilities, and Port Authority’s, click here. In accordance with the United States’ position encouraging American companies to near-shore their overseas operations, VSII plans to build units in Barranquilla, Colombia to distribute Worldwide. Barranquilla’s Ports and Free Trade Zones in the Caribbean are 3 hours by air, and 3 days by sea to the United States. View Systems continues to receive inquiries from existing customers, such as courthouses and correctional facilities, for ViewScan upgrades to include enhanced features such as thermal detection. View Systems will be working with partners and internally to fill these requests for quotes. Click here to see some inquiries the Company posted on their Twitter feed. View Systems is finalizing the acquisition of Sannabis S.A.S., a Colombian Cannabis Company, and will provide more details on the acquisition and make announcements concerning their cannabis licenses. Click here to see Sannabis’ recently GRANTED Fabrication and Export License for cannabis derivatives. About View Systems Inc. View Systems Inc. provides security and surveillance products to law enforcement facilities such as correctional institutions as well as to government agencies, schools, courthouses, event and sports venues, the military and commercial businesses. View Systems' products are used by commercial businesses and residential consumers wishing to monitor their assets and limit their liability. For more information, visit www.viewsystems.com View Systems Inc. (www.viewsystems.com) is the developer of the ViewScan Weapons Detection System, a Department of Homeland Security (DHS) sanctioned product used by law enforcement and correctional facilities, government agencies, schools, courthouses, special events, sports venues, military, and commercial businesses. View Systems entered into an MOU to acquire Colombian Cannabis company, Sannabis, to diversify into the burgeoning Cannabis industry with new management committed to continue developing their ViewScan Weapons Detection System in Colombia for the local and international market. View Systems intends to file for a name and symbol change in the near future, however, they will continue to develop their newly enhanced state of the art ViewScan products in Barranquilla, Colombia for the local and international markets. ViewScan is installed at government agencies in Washington, DC and elsewhere, major school systems, correctional facilities, ports, and police stations around the world. View Scan has also been used at events where top security clearance is required for former Presidents. In this Market Survey Report commissioned by the U.S. Department of Homeland Security (DHS), ViewScan features are outlined in this report, https://www.dhs.gov/sites/default/files/publications/WTMD-MSR_0614-508.pdf Company/Media Contact: View Systems, Inc.John Campo, President/Chairman +1-410-236-8200 USA (Office/WhatsApp)+57-318-657-0918 Colombia (Office)jcampo@viewsystems.com