MEMORANDUM
OF UNDERSTANDING


 


Between:
Gunther Than, Founder & Board Member, and


John
Campo, Current & Acting President of View Systems, Inc.


 


In
June of 2019, View Systems Inc. (“View”) entered into an agreement to acquire Sannabis S.A.S. (“Sannabis”)
in Cali, Colombia. The net of the agreement is, if certain milestones are achieved and directions are kept with the current debentures
then View Systems will issue shares to Sannabis shareholders once View is able to restructure its debt and share structure. i


 


		1.	At
                                         the appropriate time after certain conditions are met, View will issue shares to both
                                         Mr. Guzman and NCR giving them control of View Systems. New Columbia Resources (NCR)
                                         President, John Campo, is now also functional President/Chairman of the Board of View.
                                         As of now, no shares have been issued to Sannabis shareholders.
		2.	The
                                         agreement was discussed at length in conference with a Mr. Thomas Cloutier in June of
                                         2020.



 


Simultaneously
and conditionally;


 


		●	shares
                                         will be issued to Sannabis and NCR;
		●	a
                                         name change will be made to the current View Systems and
		●	the
                                         Security Division, View Systems International, will file a Reg A registration statement
                                         to establish it as a public entity in its own right.
		●	VYST
                                         will give a dividend of shares in the new entity to shareholders of record at the time.



 


The
above events must effectively occur successfully and simultaneously.


 


		3.	The
                                         investment 1 monies wired Sannabis were for the development of licenses and
                                         the design, production, and marketing of their product catalog with government approved
                                         products. This investment gives View Systems the first right of refusal to acquire
                                         and integrate Sannabis into the VSYM public entity.
		4.	Other
                                         uses and investment of the funds: Sannabis also built greenhouses to house their
                                         Seed Bank.
		5.	Sannabis
                                         also owns a stake in Campo de Violetas, S.A. in Uruguay, a company licensed to grow hemp
                                         in Uruguay. In 2019, View sent money to Uruguay for planting of a test Hemp crop in Uruguay
                                         which began in Dec. 17 – Jan. 30, 2020 ii.



 


BEST
REGARDS and AS UNDERSTOOD by


 


John
Campo (President & CoB of View Systems, Inc.) &.


 


Gunther
Than (Founder and member of BoD and President of the Security Division)


 


 Dated___________


 


 






1
The itemization of these funds (approximately $200,000) may be found in the relevant attachment.


 






    	 	 	 



     


    

 


ADDITIONAL
INFORMATION





 





 








i
Sannabis is majority owned by Juan Paulo Guzman, a Colombian citizen, and New Colombia Resources, Inc. (“NCR”)
a DE corporation. 


 


Sannabis
was formed in 2014 to produce medical products on an Indian Reservation in Colombia and assisted the previous administration in
drafting cannabis legislation in 2016, whose regulations went into effect in 2017 with protocols for applying for different licenses.
In 2018, Sannabis and its partners applied for several licenses in Colombia; Seed Bank, Cultivation, and Transformation licenses
have all been applied for. To see these applications, click here.


 


From
2014-2017 Sannabis generated revenue while working on the Indigenous Reservation, since then Sannabis has not generated revenue.
Currently Sannabis is launching a sales campaign aimed at signing up distributors using a downline compensation system in Colombia.
This plan will be rolled out in other countries as well. For an outline of that system, click here.


 


To
see the history of Sannabis visit, https://www.tallerlibre.org/historia


 


While
they were going through the licensing process in Colombia, they produced a line of products derived from imported hemp seed oil.
To date, they are not growing cannabis in Colombia, however, by To see the product catalog, click here.


 


To
date, Sannabis is not growing cannabis in Colombia but does plan to by the year with licenses. To see greenhouses, click here.


 


These
products all have a Health Registration Number from INVIMA, Colombia’s equivalent of the FDA. To see the health registrations,
click here.


 


ii
Seeds were imported from France and planted in December. This field was planned to be planted in late September but there
was a delay in importing the seeds. To see a memorialization of the field prep, seed import, planting, etc. click here.


 


The
test fields were planted to learn the protocols in Uruguay of importing the seeds, testing the seed in Uruguay climate, and marketing
the finished product in the United States. To that end, View President, John Campo, was granted an Import Permit from the USDA
for the whole Cannabis plant from Uruguay, to see the Permit click here.