Home / Top News / View Systems, Inc. (VSYM) to Declare Dividend of Shares in Operating Entity, View Systems International, Inc., to spin out their ViewScan Technology and Focus on Developing their South American Cannabis Operations.
View Systems, Inc. (VSYM) to Declare Dividend of Shares in Operating Entity, View Systems International, Inc., to spin out their ViewScan Technology and Focus on Developing their South American Cannabis Operations.
Sannabis was recently issued a Fabrication License by the Colombian Government and anticipates soon the approval of Cultivation and Seed Use Licenses.
Baltimore, MD, Dec. 11, 2020 (GLOBE NEWSWIRE) — View Systems, Inc. (OTC:
VSYM
) will declare a dividend of shares in wholly owned subsidiary, View Systems International, Inc. (VSII), to shareholders on a record date yet to be determined. View Systems, Inc. will transfer the assets, intellectual property, and licensing rights for the ViewScan Concealed Weapon Detections System to View Systems International. The corporate separation will be accompanied by a registration statement. An SEC attorney has been retained to file such registration. VSII will be offering new shares in a private placement memorandum (PPM) to be registered in addition to the dividend shares. Investors interested in receiving the PPM should contact the Company at