UNITED
STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549  FORM
10-Q  R QUARTERLY
REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934  For
the quarterly period ended MARCH 31, 2008  £ TRANSITION
REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934  Commission File Number 0-30178  VIEW SYSTEMS, INC. (Exact
name of small business issuer as specified in its charter)  Nevada
(State of incorporation)
59-2928366
(I.R.S. Employer Identification No.)  1550 Caton Center Drive, Suite E, Baltimore, Maryland
21227 (Address of principal executive offices)  (410) 242-8439 (Issuer's telephone number)  Indicate by check mark whether the Registrant
(1) has filed all reports required to be filed by Section 13 or 15
(d) of the Securities Exchange Act of 1934 during the preceding
12 months (or for such shorter period that the registrant was required to
file such reports), and (2) has been subject to such filing requirements
for the past 90 days. Yes þ     No o  Indicate by check mark whether the registrant is a large
accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller
reporting company. See the definitions of large accelerated filer,
accelerated filer and smaller reporting company in Rule 12b-2 of the
Exchange Act. (Check one):  Large accelerated filer o

Accelerated filer o

Non-accelerated filer o

Smaller reporting company þ(Do not check if a smaller
reporting company)  Indicate by check mark whether the registrant is a shell
company (as defined in Rule 12b-2 of the Exchange Act). Yes oNo þ  Indicate the number of shares outstanding of each of the
issuers classes of common stock, as of the latest practicable date.  Class

Outstanding at March 31,
2008Common Stock, $.001 par value per
share

98,575,232   1    VIEW SYSTEMS, INC.  INDEX  PageSPECIAL
NOTE REGARDING FORWARD-LOOKING STATEMENTS

3PART I.
FINANCIAL INFORMATION

4Item 1.
Financial
Statements (Unaudited)

4Condensed
Consolidated Balance Sheet as of March 31, 2008 and December 31, 2007

5Consolidated
Statements of Operations for three months ended March 31, 2008

6Consolidated
Statements of Stockholders Equity (Deficit) for the three months ended
March 31, 2008

7Condensed
Consolidated Statements of Cash Flows for the three months ended March 31,
2008

8Notes to
the Consolidated Financial Statements as of March 31, 2008

9Item 2.
Managements
Discussion and Analysis of Financial Condition and Results of Operations

10Item 3.
Quantitative
and Qualitative Disclosures About Market Risk

13Item
4.
Controls
and Procedures

13PART
II. OTHER INFORMATION

14Item
1
Legal
Proceedings

14Item
2
Unregistered
Sales of Equity Securities and Use of Proceeds

15Item
3
Defaults
Upon Senior Securities

15Item
4
Submission
of Matters to a Vote of Security Holders

15Item
5.
Other
information

15Item 6.
Exhibits

15SIGNATURES

15       2       Special Note Regarding
Forward-Looking Statements  Information included in this Form 10-Q contains
forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933, as amended (Securities Act), and Section 21E of the Securities
Exchange Act of 1934, as amended (Exchange Act). This information may involve
known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of View Systems, Inc. (the
Company), to be materially different from future results, performance or
achievements expressed or implied by any forward-looking statements.
Forward-looking statements, which involve assumptions and describe future plans,
strategies and expectations of the Company, are generally identifiable by use of
the words may, will, should, expect, anticipate, estimate,
believe, intend, or project or the negative of these words or other
variations on these words or comparable terminology. These forward-looking
statements are based on assumptions that may be incorrect, and there can be no
assurance that these projections included in these forward-looking statements
will come to pass. Actual results of the Company could differ materially from
those expressed or implied by the forward-looking statements as a result of
various factors. Except as required by applicable laws, the Company has no
obligation to update publicly any forward-looking statements for any reason,
even if new information becomes available or other events occur in the
future.  In this report references to
View Systems, we, us, and our refer to View Systems, Inc. and its
subsidiaries.   3   PART I: FINANCIAL
INFORMATION  ITEM 1. FINANCIAL
STATEMENTS  The financial information set forth below with respect to
our statements of operations for the three month period ended March 31, 2008 and
the year ended December 31, 2007 is unaudited.  This financial information,
in the opinion of management, includes all adjustments consisting of normal
recurring entries necessary for the fair presentation of such data.  The
results of operations for the three month period ended March 31, 2008 are not
necessarily indicative of results to be expected for any subsequent period.          4    View Systems,
Inc. and SubsidiariesConsolidated
Balance SheetsMarch 31,
December 31,2008

2007ASSETSCurrent
AssetsCash





$       
           21,969

$       
             7,201Accounts
Receivable (Net of Allowance of $1,000)

137,745

132,244Inventory




43,134

86,184Total
Current Assets



202,848

225,629Property
& Equipment (Net)



22,175

24,326Other
AssetsLicenses




1,075,824

1,102,064Due
from Affiliates



147,507

147,507Deposits




7,528

7,528Total
Other Assets



1,230,859

1,257,099Total
Assets




$  
           1,455,882

$   
          1,507,054LIABILITIES
AND STOCKHOLDERS' EQUITYCurrent
LiabilitiesAccounts
Payable



$       
          498,385

$   
             505,168Accrued
Expenses



79,050

80,878Accrued
Interest




182,858

171,078Accrued
Royalties



150,000

150,000Loans
from Shareholder



310,899

299,298Notes
Payable




958,996

958,996Total
Current Liabilities



2,180,188

2,165,418Long-term
DebtAccounts
payable




-

-Total
Liabilities




2,180,188

2,165,418Stockholders'
Equity (Deficit):Preferred
Stock, Authorized 10,000,000 Shares, $.01 Par Value,Issued
and outstanding 7,171,725


71,717

71,717Common
Stock, Authorized 100,000,000 Shares, $.001 Par Value,Issued
and Outstanding 99,382,995


99,383

99,383Additional
Paid in Capital



19,761,419

19,761,419Retained
Earnings (Deficit)



(20,656,825)

(20,590,883)Total
Stockholders' Equity (Deficit)


(724,306)

(658,364)Total
Liabilities and Stockholders' Equity

$       
      1,455,882

$    
         1,507,054  The accompany notes are
an integral part of these consolidated financial statements  5    View Systems,
Inc. and SubsidiariesConsolidated
Statements of OperationsFor the Three Months EndedMarch 31,2008

2007Revenues,
Net



$        
       290,431

$     
          250,706Cost
of Sales



107,230

141,509Gross
Profit (Loss)


183,201

109,197Operating
ExpensesBusiness
Development


23,617

26,502General
& Administrative


102,499

140,121Professional
Fees


37,403

72,037Salaries
& Benefits


64,970

178,276Total
Operating Expenses


228,489

416,936Net
Operating Income (Loss)


(45,288)

(307,739)Other
Income(Expense)Interest
Expense



(20,654)

(15,767)Total
Other Income(Expense)

(20,654)

(15,767)Net
Income (Loss)



$     
          (65,942)

$      
       (323,506)Net
Income (Loss) Per Share


$          
          (0.00)

$       
             (0.00)Weighted
Average Shares Outstanding

99,382,995

98,398,422      The
accompany notes are an integral part of these consolidated financial
statements   6


View Systems, Inc. and SubsidiariesConsolidated Statements of Stockholders' Equity
(Deficit)Additional

RetainedPreferred

Common

Paid-in

EarningsShares

Amount

Shares

Amount

Capital

(Deficit)Balance,
December 31, 2003




62,730,619

$       
    62,730

$      15,604,609

$    (14,609,975)Cancellation
of shares




(100,000)

(100)

(4,900)

-January
- March 2004 - shares issued for cash




244,500

245

34,755

-January
- March 2004 - shares issued for services




932,000

932

203,048

-April
- June 2004 - shares issued for cash




84,333

84

11,916

-April
- June 2004 - shares issued for services




221,250

221

39,979

-June
2004 - shares issued for paymentof
notes payable and accrued interest




5,221,050

5,221

516,884

-July
- September 2004 - shares issued for cash




100,000

100

19,900

-July
- September 2004 - shares issued for services




781,600

782

108,642

-September
2004  shares issued in settlementof
litigation




2,000,000

2,000

178,000

-October
- December 2004 - shares issued for cash



1,066,750

1,067

89,833

-December
2004 - shares issued for paymentof
notes payable and accrued interest




3,251,820

3,252

321,930

-Cost
of issuance of common stock




-

-

(5,000)

-Net
loss for the year ended  December 31, 2004




-

-

-

(1,291,436)Balance,
December 31, 2005
7,171,725

$      
  71,717

90,775,752

90,776

19,293,804

(18,375,345)January
- March 2006 -shares issued for cash




100,000

100

9,900

-January
- March 2006 - shares issued for services




160,000

160

15,840

-April
- June 2006 - shares issued for cash




60,000

60

5,940

-April
- June 2006 - shares issued for services




1,075,000

1,075

121,125

-Reclassification
of a receipt of proceeds from a loanwhich
was previously reflected as a payment for stock



(333,330)

(333)

(33,000)

-July
 September 2006 - shares issued for cash




500,000

500

24,500

-October
- December 2006 - shares issued for cash



5,611,000

5,611

266,189

-October
- December 2006 - shares issued for services



120,000

120

5,880

-October
- December 2006 - shares issued as paymentof
a note payable including accrued interest




330,000

330

35,107

-Costs
associated with raising capital




-

-

(82,382)

-Net
loss for the year ended December 31, 2006




-

-

-

(1,140,452)Balance,
December 31, 2006
7,171,725

71,717

98,398,422

98,399

19,662,903

(19,515,797)April
- June 2007 - shares issued for cash




100,000

100

4,900

-July
- September 2007 - shares issued for cash




6,000

6

494

-July
- September 2007 - shares issued as paymentof
notes payable




603,573

603

76,897

-October
- December 2007 - shares issued for cash



275,000

275

16,225

-Net
loss for the year ended December 31, 2007




-

-

-

(1,075,086)Balance,
December 31, 2007
7,171,725

71,717

99,382,995

99,383

19,761,419

(20,590,883)Net
loss for the period ended March 31, 2008




-

-

-

(65,942)Balance,
March 31, 2008
7,171,725

$    
    71,717

99,382,995

$       
    99,383

$      19,761,419

$    (20,656,825) The accompany notes are
an integral part of these consolidated financial statements  7


View Systems,
Inc. and SubsidiariesConsolidated
Statements of Cash FlowsFor the Three Months EndedMarch 31,2008

2007Cash
Flows from Operating Activities:Net
Income (Loss)


$         
      (65,942)

$        
    (323,506)Adjustments
to Reconcile Net Loss to Net CashProvided
by Operations:Depreciation
& Amortization

28,390

28,390Change
in Operating Assets and Liabilities:(Increase)
Decrease in:Accounts
Receivable


(5,501)

82,854Inventories



43,050

(40,602)Deposits



-

(200)Increase
(Decrease) in:Accounts
Payable


(6,782)

8,744Accrued
Expenses


(1,828)

5,508Accrued
Interest


11,780

14,176Accrued
Royalties


-

18,750Net
Cash Provided (Used) by Operating Activities
3,167

(205,886)Cash
Flows from Investing Activities:Purchases
of equipment


-

(2,100)Net
Cash Used In Investing Activities

-

(2,100)Cash
Flows from Financing Activities:Funds
advanced (to) from affiliate

-

(3,000)Principal
payments on notes payable

-

(4,300)Loans
from Shareholders


11,600

174,355Net
Cash Provided by Financing Activities
11,600

167,055Increase
(Decrease) in Cash

14,767

(40,931)Cash
and Cash Equivalents at Beginning of Period
7,201

48,233Cash
and Cash Equivalents at End of Period
$        
        21,968

$
          
       7,302     The accompany notes are
an integral part of these consolidated financial statements   8   View Systems, Inc. Notes to the
Consolidated Financial Statements March 31, 2008   GENERAL  View Systems, Inc. (the Company) has
elected to omit substantially all footnotes to the financial statements for the
three months ended March 31, 2008 since there have been no material changes
(other than indicated in other footnotes) to the information previously reported
by the Company in their Annual Report filed on the Form 10-KSB for the twelve
months ended December 31, 2007.  UNAUDITED
INFORMATION  The information furnished herein was
taken from the books and records of the Company without audit.  However,
such information reflects all adjustments which are, in the opinion of
management, necessary to properly reflect the results of the interim period
presented.  The information presented is not necessarily indicative of the
results from operations expected for the full fiscal year.      9    ITEM
2. MANAGEMENT'S
DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS  EXECUTIVE OVERVIEW  The following analysis of our consolidated financial
condition and results of operations for the years ended March 31, 2008 should be
read in conjunction with the Consolidated Financial Statements and other
information presented elsewhere in this quarterly report.  Overview  Our product lines are related to visual surveillance,
intrusion detection and physical security.  Our principal products
include:  · ViewScan Magnetic Detection System 
a walk-through archway detector which uses passive magnetic sensing technology
and unique location algorithms to suggest the location of certain kinds of
threat objects and  other potentially undesirable objects such as cell
phones or digital cameras.  The control unit combines the magnetic and
video information in a manner that allows it to be displayed for easy
recognition and auditory warning.  The network architecture allows for
remote monitoring, integration of biometrics and access control devices and
storage locally on the control unit or remotely on servers.  · Biometric analysis such as
fingerprint verification or facial recognition can be and have been incorporated
into ViewScan.  Access control methods such as magnetic door locks can and
have also been incorporated.  · Passport and drivers license
verification for positive identification in correctional facilities, large
government and commercial office buildings have been and are currently being
combined with the ViewScan portal.  · ViewMaxx Digitial Video products  a
high-resolution, digital video recording and real-time monitoring system.  · Multi-mission Mobile Video (MMV)  a
lightweight mobile camera and recording system housed in a tough, waterproof
enclosure.  The camera systems sends real-time images back to a video
monitor at a command post located outside the exclusion zone or contaminated
area. The MMV  is able to transmit high quality video in the most difficult
environments.  A multitude of these systems have been deployed
  and are currently being field-tested.  Management believes that heightened attention to personal
threats, potential large scale destruction and theft of property in the United
States along with spending by the United States government on Homeland Security
will continue to drive growth in the market for security products.  We have been requested  to quote  the
integration of nuclear sensor technology into our magnetic detection
 products to sense enriched low and high grade nuclear material.  This
technology will allow our products to detect enriched nuclear material that may
be used to build nuclear based explosive devices or for creating radiological
disasters, such as dirty bombs.  In addition, this technology will be
used in network environments where smoke detectors or motion sensing including
intelligent video systems have been deployed.  For the next twelve months we will continue to develop
our sales and distribution network into additional regions and markets in the
United States and abroad.  We have been and plan to continue to increase
sales by offering demonstrations of our products in specific geographical areas
to potential customers or at region specific trade shows, such as sheriffs
conventions, court administrators meetings, civil support team, state police
shows and dealer shows.  When a demonstration results in a sale of one of
our products, then we attempt to expand that market by contacting other
potential customers in the area, such as, correctional facilities, courthouses
and other municipal buildings.    We have also continued to
develop international markets in the Mid-East and Thailand and have established
some international relationships with distributors and dealers.  We will be
separating our international business from our domestic business to gain
efficiency and financial backing.   10   The next phase of our business
plan will be to raise additional funds through common stock offerings to provide
working capital to finance several acquisitions and the integration of new
technologies and/or businesses.  We also intend to strengthen our balance
sheet by paying off debt.  However, we have also been approached as a
potential acquisition target by certain entities that would make use of our
public structure and/or our net tax asset of $8,235,583.  It is our intention to execute our business plan, unless
and until we conclude that being acquired is the option that is more likely to
lead to greater value for our shareholders. We have not entered into definite
agreements or decisions about any of our opportunities.  We are planning to hold an annual meeting in 2008.
 We will issue information statements and mail out proxy statements as
necessary at the appropriate time.  RESULTS OF OPERATIONS  The following discussions are based on the consolidated
financial statements of View Systems and its subsidiaries.  These charts
and discussions summarize our financial statements for the three months ended
March 31, 2008 and 2007 and should be read in conjunction with the financial
statements, and notes thereto, included with this report at Part II, Item 7,
below. SUMMARY COMPARISON OF OPERATING
RESULTSThree months ended March 31,2008
2007Revenues, net

290,431
250,706Cost of sales

107,230
141,509Gross profit (loss)

183,201
109,197Total operating expenses

228,489
416,936Loss from operations

(45,288)
(307,739)Total other income (expense)

(20,654)
(15,767)Net income (loss)

(65,942)
(323,506)Net income (loss) per share

$
                (0.00)
$
                (0.00)
  Revenue is considered earned when the product is shipped
to the customer.  The concealed weapons system and the digital video system
each require installation and training.  Training is a revenue source
separate and apart from the sale of the product.  In those cases revenue is
recognized at the completion of the installation and training.  Our marketing efforts have increased sales of our
SecureScan and resulted in increased revenues for the first quarter of
 2008 compared to the first quarter of 2008.  Management anticipates
that increases in revenues will continue as we develop our sales and marketing
channels and establish local sales and service offices in geographic areas where
we have already completed sales.  Our backlog at March  31, 2008, was $230,000.
 The delay between the time of the purchase order and shipping of the
product results in a delay of recognition of the revenue from the sale.
 This delay in recognition of revenues will continue as part of our results
of operations.  The decrease from year to year was primarily the result
of decreased costs and due to engineering changes and an increase of volume of
units shipped. Management anticipates that the relative margins of each product
line will increase even more with an increase of number of units shipped.
 The quantities per average sale have been increasing steadily.
  For 2008  total operating expenses and cost of goods is
decreasing significantly.  LIQUIDITY AND CAPITAL RESOURCES  Our revenues from product sales have been increasing but
are not sufficiently to cover our operating expenses.  Our auditors have
expressed substantial doubt that we can continue as a going concern.  We
are continuing to push sales and control costs.   11   Historically, we have relied
on revenues, debt financing and sales of our common stock to satisfy our cash
requirements.  For the quarter ended March  31, 2008, we received cash
from revenues of $290,431, $0 from issuance of equity and $11,600  from
stockholder advances.  We will also continue to rely on the issuance of our
common stock to pay for services and to convert debt when cash is unavailable.
  Management anticipates that we will continue to issue shares for
services in the short term.  Management believes we will need to take the necessary
steps to increase our authorized common stock during 2008.   The
Company intends to hold a meeting of shareholders during the second quarter of
2008 to consider, among, other things, an increase in the authorized common
stock of the Company.  Management intends to finance our 2008 operations
primarily with the revenue from product sales and any cash short falls will be
addressed through equity or debt financing, if available.  Management
expects revenues will continue to increase but not to the point of profitability
in the short term.  We will need to continue to raise additional capital,
both internally and externally, to cover cash shortfalls and to compete in our
markets.  At our current revenue levels management believes we will require
an additional $300,000 during the next 12 months to satisfy our cash
requirements of approximately $25,000 per month for operations.  These
operating costs include cost of sales, general and administrative expenses,
salaries and benefits and professional fees related to contracting engineers.
 We have insufficient financing commitments in place to meet our expected
cash requirements for 2008 and we cannot assure you that we will be able to
obtain financing on favorable terms.  If we cannot obtain financing to fund
our operations in 2008, then we may be required to reduce our expenses and scale
back our operations.  COMMITMENTS AND CONTINGENT
LIABILITIES  The Company leases office and warehouse space in
Baltimore, MD under a three-year non-cancelable operating lease, expiring
October 2008.  Base rent is $2,872 per month with an annual rent escalator
of 3%. At March 31, 2008, future minimum payments for operating leases related
to our office and manufacturing facilities were $17,232  through October
31, 2008.  Our total current liabilities increased to $2,180,188 at
March 31, 2008 compared to $2,165,418 at March 31, 2007.  Our total current
liabilities at March 31, 2008 included accounts payable of $498,385, accrued
expenses of $79,050, accrued interest of $182,858, accrued royalties of
$150,000, loans from shareholder of $310,899 and notes payable of $958,996.  Our notes payable consist of the following:  1. A note in the principal amount of
$110,000 payable to the former shareholder of Xyros Technology, Inc.  The
note is due on demand with interest at 10% per annum.  As of December 31,
2004, we are in default on the note which was due in 1999.  We negotiated
to repay the loan as cash flows permit and this debt remains outstanding.
 We are in doubt about the intentions, will or ability of the note holder
to attempt collection of this debt.  At this time, the entity is no longer
in existence and we have been unable to locate the principals of that company.  2. We issued notes in the aggregate
amount of $343,093 pursuant to a Subscription Agreement, dated December 23,
2005, with three accredited investors;  Starr Consulting, Inc., Active
Stealth, LLC, and KCS Referral Service LLC (the Subscribers).  We agreed
to sale and the Subscribers agreed to purchase convertible promissory notes and
warrants.  However, on January 6, 2006, the Subscribers consented to the
removal of the warrants from the subscription agreement, with the understanding
that the warrants would be reinstated after we increased our authorized common
stock and the shares underlying the warrants would be registered at a later
date.  The Subscribers did not receive any other additional consideration
for the removal of the warrants.  The Subscribers agreed to purchase up to
an aggregate of $500,000 of 8% promissory notes convertible into shares of our
common stock at a per share conversion price of $0.10.  The notes were
originally to be due and payable by December 31, 2006.  The Subscribers
agreed to purchase the promissory notes over a 5 month period in $100,000 per
month installments; however, the investment threshold was never achieved, so the
conversion option of the notes was terminated and the loans became due on demand
with interest at 8% per annum.  As of the date of this report the investors
have demanded repayment of these loans. The company is taking steps to negotiate
these defaults.    12   3. An unsecured loan from a stockholder
in the aggregate amount of $39,203, which is being paid in monthly installments
of $2,512, which includes interest at 10%.  4. Unsecured loans from two stockholders
in the principal amount of $216,000.   $100,000 of the loans was due
in full on November 1, 2007 with interest at 7%.  The note is convertible
into shares of common stock at the option of lender at the rate of $0.075 per
share of common stock. If converted in full this amounts to 1,333,333
shares.  Off-Balance Sheet
Arrangements  The Company does not have any off-balance sheet
arrangements that have or are reasonably likely to have a current or future
effect on the Companys financial condition, changes in financial condition,
revenues or expenses, results of operations, liquidity, capital expenditures or
capital resources that is material to investors.  Contractual Obligations  As a smaller reporting company as defined by Item 10 of
Regulation S-K, the Company is not required to provide this information.  Item 3. Quantitative
and Qualitative Disclosures About Market Risk.  As a smaller reporting company as defined by Item 10 of
Regulation S-K, the Company is not required to provide information required by
this Item.  Item 4T. Controls and
Procedures.  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 the effectiveness of the design and operation of our disclosure
controls and procedures, as defined in Rule 13a-15(e) promulgated under the
Exchange Act, as of March 31, 2008 (the "Evaluation Date"). Based on this
evaluation, our principal executive officer and principal financial officer
concluded as of the Evaluation Date that our disclosure controls and procedures
were effective such that the information relating to the Company, including our
consolidated subsidiaries, required to be disclosed in our SEC reports (i) is
recorded, processed, summarized and reported within the time periods specified
in SEC rules and forms and (ii) is accumulated and communicated to management,
including our principal executive officer/principal financial officer, as
appropriate, to allow timely decisions regarding required disclosure.  Our management, including our chief executive officer and
chief financial officer, does not expect that our disclosure controls and
procedures or our internal controls will prevent all error and all fraud.
 A control system, no matter how well conceived and operated, can provide
only reasonable, not absolute, assurance that the objectives of the control
system are met. Further, the design of a control system must reflect the fact
that there are resource constraints and the benefits of controls must be
considered relative to their costs. Due to the inherent limitations in all
control systems, no evaluation of controls can provide absolute assurance that
all control issues and instances of fraud, if any, within the Company have been
detected.  Management's Report on Internal
Control over Financial Reporting  Our management is responsible for establishing and
maintaining adequate control over financial reporting (as defined in Rule
13a-15(f) promulgated under the Exchange Act.  Our management assessed the
effectiveness of our internal control over financial reporting as of March 31,
2008.  In making this assessment, our management used the criteria set
forth by the Committee of Sponsoring Organizations of the Treadway Commission
("COSO") in Internal Control-Integrated Framework. Our management has
concluded that, as of March 31, 2008, our internal control over financial
reporting is effective based on these criteria.   13   Changes
in Internal Control over Financial Reporting  Our management has also evaluated our internal control
over financial reporting, and there have been no significant changes in our
internal controls or in other factors that could significantly affect those
controls subsequent to the date of our last evaluation.  The Company is not required by current SEC rules to
include, and does not include, an auditor's attestation report. The Company's
registered public accounting firm has not attested to Management's reports on
the Company's internal control over financial reporting.  PART II: OTHER
INFORMATION  ITEM 1. LEGAL PROCEEDINGS  We became a party in two material matters during the
reporting period.  1. View Systems, Inc. vs. State of
Florida, Dept. of State, Div. of Corporations  On February 5, 2008, we filed suit in the Florida
4th Judicial Circuit in and for Duval County, Florida in a case
styled View Systems, Inc. vs. State of Florida, Dept. of State, Div. of
Corporations, Case No. 2008-CA-001565-XXXX-MA, seeking an order compelling
Florida to change the date of filing of our Articles of Merger, which we filed
in 2003.  During the third quarter of 2007, it came to our
attention that there was a clerical communications error, which affected our
efforts in 2003 to re-domicile our state of incorporation from Florida to
Nevada. On July 31, 2003, we filed Articles of Merger in both Florida and Nevada
to effect our re-domicile. However, on August 12, 2003 the Florida Secretary of
State rejected our Articles of Merger. The Florida Secretary of State wanted
original documents, not copies, which would be acceptable for computer imaging.
 The Company re-filed the Articles of Merger with the Florida Secretary of
State as requested. However, Florida filed our Articles of Merger as of August
29, 2003 instead of July 31, 2003; an event that escaped our attention for more
than four years.  In our recent inquiries to the Florida Secretary of
States office, we were told that in 2003 we did not request in writing to have
the filing date for the Articles of Merger related back to the original filing
date of July 31, 2003.  Florida will not change the filing date unless
ordered to do so by a Florida court of competent jurisdiction. Accordingly, we
filed suit to remedy this circumstance.  As of the date of this report, the litigation is
pending.  Subsequent to the date of this report, on May 5, 2008,
the circuit granted our motion for summary judgment and ordered the State of
Florida to change the date of filing of our Articles of Merger.  The State
of Florida has corrected its published effective date of the filing of our
Articles of Merger. However, the judgment becomes final after the 30-day period
for taking appeals has run.  2. Sigma International Holdings, Inc.
v. View Systems, Inc.  We were served with a complaint filed in the circuit
court in Montgomery County Maryland, case number 288395-V, in which the
plaintiff seeks payment of $296,000.  In August 2006 we entered into a consulting agreement
with The Riderwood Group, a Maryland limited liability company, for the purpose
of assisting in raising private equity financing and finding suitable
acquisition targets.  The Riderwood Group subsequently introduced the
Company to Sigma International Holdings in 2007 which signed a non-binding
merger and acquisition agreement and loaned us $250,000.   The
proposed merger was cancelled approximately three weeks later.  As of the date of this report, the litigation is
pending.    14   ITEM
2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS  None.  ITEM 3. DEFAULTS UPON SENIOR
SECURITIES  None.  ITEM 4. SUBMISSION OF MATTERS TO
A VOTE OF SECURITY HOLDERS  None  ITEM 5. OTHER INFORMATION  None  ITEM 6. EXHIBITS  The following exhibits are filed herewith:  Exhibit
No. Description  31.1 Rule 13a-15(e)/15d-15(e) Certification
by the Chief Executive Officer  31.2 Rule 13a-15(e)/15d-15(e) Certification
by the Chief Financial Officer  32.1 Certification by the Chief Executive
Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002  32.2 Certification by the Chief
Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002  SIGNATURES  In accordance with the requirements of the Exchange Act,
the registrant caused this Report on Form 10-Q to be signed on its behalf by the
undersigned, thereunto duly authorized.     VIEW SYSTEMS, INC. (Registrant)    Date: May 13, 2008  By: /s/ Gunther Than  Gunther Than Chief Financial Officer (Principal Financial and Accounting Officer)  15