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 June 30, 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 June 30, 2008Common Stock, $.001 par value per
share

99,772,995   1    VIEW SYSTEMS, INC.  INDEX  PageSPECIAL
NOTE REGARDING FORWARD-LOOKING STATEMENTS

3PART I.
FINANCIAL INFORMATION

4Item 1.
Financial
Statements (Unaudited)

4Consolidated
Balance Sheets as of June 30, 2008 and December 31, 2007

5Consolidated
Statements of Operations for Three and Six Months Ended June 30, 2008

6Consolidated
Statements of Stockholders Equity (Deficit) for the three months ended
June 30, 2008

7Consolidated
Statements of Cash Flows for the Six Months ended June 30, 2008

8Notes to
the Consolidated Financial Statements as of June 30, 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

14Item
3
Defaults
Upon Senior Securities

14Item
4
Submission
of Matters to a Vote of Security Holders

14Item
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 and six month period ended June
30, 2008  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 June 30, 2008 are not necessarily
indicative of results to be expected for any subsequent period.          4    View Systems,
Inc. and SubsidiariesConsolidated
Balance SheetsJune 30,
December 31,2008

2007ASSETSCurrent
AssetsCash





$                    23,303

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

296,574

132,244Inventory




20,668

86,184Total
Current Assets



340,545

225,629Property
& Equipment (Net)



20,026

24,326Other
AssetsLicenses




1,049,584

1,102,064Due
from Affiliates



147,507

147,507Deposits




7,528

7,528Total
Other Assets



1,204,619

1,257,099Total
Assets




$       
       1,565,190

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



$         
        455,103

$       
        505,168Accrued
Expenses



92,538

80,878Accrued
Interest




203,118

171,078Accrued
Royalties



150,000

150,000Loans
from Shareholder



313,599

299,298Notes
Payable




958,996

958,996Total
Current Liabilities



2,173,354

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 99,772,995


99,773

-Issued
and Outstanding 99,382,995


-

99,383Additional
Paid in Capital



19,769,035

19,761,419Retained
Earnings (Deficit)



(20,548,689)

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


(608,164)

(658,364)Total
Liabilities and Stockholders' Equity

$        
     1,565,190

$         
     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 Ended
For the Six Months EndedJune 30
June 302008
2007
2008

2007Revenues,
Net
$    
         464,141
$     
      711,063

$    
          754,572

$               961,769Cost
of Sales
131,981
237,272

239,211

378,781Gross
Profit (Loss)
332,160
473,791

515,361

582,988Operating
ExpensesBusiness
Development
12,037
27,445

35,654

53,947General
& Administrative
84,739
197,904

187,238

338,025Professional
Fees
13,824
57,272

51,227

129,309Salaries
& Benefits
93,160
139,583

158,130

317,859Total
Operating Expenses
203,760
422,204

432,249

839,140Net
Operating Income (Loss)
128,400
51,587

83,112

(256,152)Other
Income(Expense)Interest
Expense
(20,264)
(14,313)

(40,918)

(30,080)Total
Other Income(Expense)
(20,264)
(14,313)

(40,918)

(30,080)Net
Income (Loss)
$
             108,136
$       
     37,274

$      
         42,194

$
            (286,232)Net
Income (Loss) Per Share
$             
         0.00
$    
             0.00

$     
                0.00

$        
           (0.00)Weighted
Average Shares Outstanding
99,772,995
98,398,422

99,579,495

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, 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

4,900July
- September 2007- shares issued for cash




6,000

6

494July
- September 2007 - shares issued as paymentof
notes payable




603,573

603

76,897October
- December 2007 - shares issued for cash



275,000

275

16,225Net
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)April
 June 2008  shares issued in payment of accounts payable




390,000

390

7,616

42,194Net
income for the period ended June 30, 2008Balance,
June 30, 2008
7,171,725

$
        71,717

99,772,995

$
          99,773

$     19,769,035

$   (20,548,689)  The accompany notes are
an integral part of these consolidated financial statements  7


View Systems,
Inc. and SubsidiariesConsolidated
Statements of Cash FlowsFor the Six Months EndedJune 30,2008

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


$       
         42,194

$   
        (286,232)Adjustments
to Reconcile Net Income (Loss) to Net CashProvided
(Used) by Operations:Depreciation
& Amortization

56,780

56,780Change
in Operating Assets and Liabilities:(Increase)
Decrease in:Accounts
Receivable


(164,330)

(63,937)Inventories



65,516

(62,899)Deposits



-

3,241Increase
(Decrease) in:Accounts
Payable


(42,058)

(16,338)Accrued
Expenses


11,660

(15,173)Accrued
Interest


32,040

28,352Accrued
Royalties


-

37,500Net
Cash Provided (Used) by Operating Activities
1,802

(318,706)Cash
Flows from Investing Activities:Purchases
of equipment


-

(2,100)Funds
advanced (t0) from affiliated entities


-

(13,031)Net
Cash Used In Investing Activities

-

(15,131)Cash
Flows from Financing Activities:Principal
payments on notes payable

-

(4,300)Loans
from Shareholders


14,300

337,058Proceeds
from stock issuance


-

5,000Net
Cash Provided by Financing Activities
14,300

337,758Increase
in Cash

16,102

3,921Cash
and Cash Equivalents at Beginning of Period
7,201

48,233Cash
and Cash Equivalents at End of Period
$      
           23,303

$                 52,154Cash
Paid For:Interest


$          
          8,480

$
               15,904Income
Taxes


$          
                   -

$        
   
               -Non-Cash
Activities:Stock
issued in payment of accounts payable


$          
          8,006

$       
                   -     The accompany notes are
an integral part of these consolidated financial statements   8   View Systems, Inc. Notes to the
Consolidated Financial Statements June 30, 2008   GENERAL  View Systems, Inc. (the Company) has
elected to omit substantially all footnotes to the financial statements for the
six months ended June 30, 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 period ended June 30, 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 Digital 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.  · A hand held metal scanner we call
the LAW (Locate All Weapons) to search the person  if a potential threat
object is suspected.  · We sell a Liquid Explosives Detector
 that is manufactured by another company.  · We sell an Individual Explosive
Device detector that is manufactured by another company.  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.  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.     10   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.  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.  We have been approached by certain entities that would
make use of our public structure and/or our net tax asset of $8,235,583 plus.
 However, it is our intention to continue to execute our current business
plan until such time, if ever, that we conclude that an acquisition or merger
will lead to greater value for our principals and shareholders. We have not
entered into definite agreements or decisions about any of our
opportunities.  We have previously announced our intention to hold an
annual meeting in 2008.  However, no firm plan or date has been identified
because of our uncertainty about which direction the Company is taking, and we
wanted to announce a firm business plan at the annual meeting.  Thus, we
will issue notice of a meeting  at an 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
June 30, 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
RESULTSSix months ended June 30,2008
2007Revenues, net

754,572
961,769Cost of sales

239,211
378,781Gross profit (loss)

515,361
582,988Total operating expenses

432,249
839,140Profit (loss) from operations

83,112
(256,152)Total other income (expense)

(40,918)
(30,080)Net income (loss)

42,918
(286,232)Net income (loss) per share

$
                (0.00)
$
                (0.00)
  The Gross profit of six months ended June 30, 2008 is 68%
of Net revenue as compared to 60% for the same period in 2007.  The
increase in gross profit is due to a decrease in cost due to continued
engineering changes and further reduction due to economies of scale.  The
positive Net profit for the similar six month time periods, $42,194 compared to
($286,232) is mostly due further decreases of salaries, professional fees and
administrative costs.  Loans from shareholders for operating expenses have
diminished from $337,058 to $14,300 for the similar six month periods.  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 and extended warranties
are 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 second  quarter of
 2008 compared to the first quarter of 2008.  The YTD sales of 2007
ending in June 30, 2007 include VFR sales that have not been achieved in 2008,
since the MMV (replacement product) has not been ready for production even
though we have some back orders for the new product.   Management
anticipates that increases in revenues will continue as the new Multi-mission
Video product comes on line more strongly.   11   Our backlog at June 30, 2008,
was $190,000.  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 of costs from year to year is primarily the
result more efficient operations and due to additional engineering changes, and
a decrease of delay time between order and delivery of product.  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.  LIQUIDITY AND CAPITAL RESOURCES  In spite of a decrease in net revenue from product sales
our net profits have been increasing and have been enough to pay ongoing cost
such as rent, telephone, payroll and materials  but are not sufficiently to
cover our old payables.  Our auditors have expressed substantial doubt that
we can continue as a going concern.  We are continuing to push sales and
control costs.  Historically, we have relied on revenues, debt financing
and sales of our common stock to satisfy our cash requirements.  For the
quarter ended June 30, 2008, we received cash from revenues of $464,141, $0 from
issuance of equity and $14,300 from stockholder advances.  We intend to
rely on the issuance of our common stock to convert debt and raise cash.
  Management anticipates that we will continue to issue some shares
for services in the short term.  Management is taking  the necessary steps to reverse
split our common stock during the next quarter.  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 guaranteed 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
reduce debt built in the last several years 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 and revenue expansion. These
operating costs include cost of sales, general and administrative expenses,
salaries and benefits and professional fees related to sales and  marketing
and 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 even further.  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 June 30, 2008, future minimum payments for operating leases related to
our office and manufacturing facilities were $9,900  through September 30,
2008.  Our total current liabilities decreased to $2,173,354 at
June 30, 2008 compared to $2,165,418 at December  31, 2007.  Our total
current liabilities at June 30, 2008 included accounts payable of $455,103
accrued expenses of $92,538 accrued interest of $203,118 accrued royalties of
$150,000, loans from shareholder of $313,599 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.     12   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.  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 convertible 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 holder
of this note has demanded payment and has chosen not to convert to equity.  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  June 30, 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  13   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 June 30,
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 June 30, 2008, our internal control over financial
reporting is effective based on these criteria.  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 one material matter during the
reporting period.  1. Sigma International Holdings, Inc.
v. View Systems, Inc.  In August 2006 we entered into a consulting agreement
with The Riderwood Group, a Maryland limited liability investment banker, 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 in addition loaned us $250,000.
  A principal of Riderwood was also a principal of Sigma International
Holdings.  The proposed merger was cancelled for yet unknown reasons
approximately three weeks later.  Sigma immediately demanded satisfaction
of their note or a control block of the company.  The BOD decided not to
give them control of View Systems.  The plaintiff was awarded a judgment in
Montgomery County Maryland, case number 288395-V for re-payment of $296,000
which included interest and legal fees.  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    14    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: August 13, 2008  By: /s/ Gunther Than  Gunther Than Chief Financial Officer (Principal Financial and Accounting Officer)    15