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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001200952-03-000515.txt : 20030522
<SEC-HEADER>0001200952-03-000515.hdr.sgml : 20030522
<ACCEPTANCE-DATETIME>20030522112740
ACCESSION NUMBER:		0001200952-03-000515
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20030515
ITEM INFORMATION:		Other events
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		20030522

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FLEXIBLE SOLUTIONS INTERNATIONAL INC
		CENTRAL INDEX KEY:			0001069394
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS CHEMICAL PRODUCTS [2890]
		IRS NUMBER:				911922863
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31540
		FILM NUMBER:		03715643

	BUSINESS ADDRESS:	
		STREET 1:		2614 QUEENSWOOD DR
		CITY:			VICTORIA B C V8N 1X5
		STATE:			A1
		BUSINESS PHONE:		2504779969

	MAIL ADDRESS:	
		STREET 1:		2614 QUEENSWOOD DR
		CITY:			VICTORIA BC CANADA
		STATE:			A1
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>fs_8k30520.txt
<TEXT>
                    U.S. SECURITIES AND EXCHANGE COMMISSION
                                Washington, D.C.

                                    FORM 8-K

                                 CURRENT REPORT
                      Pursuant to Section 13 or 15 (d) of
                       the Securities Exchange Act of 1934

           Date of Report (Earliest event reported): May 15th, 2003

                     FLEXIBLE SOLUTIONS INTERNATIONAL INC.

         NEVADA                                        91-1922863
   (State or other jurisdiction                IRS employer Identification No.)
      of incorporation)

                2614 Queenswood Dr., Victoria, BC Canada V8N 1X5
           (Address of principal executive offices including zip code)

                                  250 477 9969
                 (Issuer's telephone number including area code)

ITEM 5. Other Events.

On May 15, 2003, Flexible solutions International,  Inc., issued a press release
announcing  revenue  and profit  results for the first  quarter  ended March 31,
2003.  The full text of the press  release is set forth in Exhibit 99.1 attached
hereto and is incorporated in this Report as if fully set forth herein.


ITEM 7. Financial Statements and Exhibits.

Exhibits:

99.1     Press Release dated May 15, 2003.



                           SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

Dated: May 20, 2003       FLEXIBLE SOLUTIONS INTERNATIONAL INC.


/s/ DAN O'BRIEN
- ---------------
Dan O'Brien
President

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>fs_8kex99130520.txt
<TEXT>
                            [FLEXIBLE SOLUTIONS LOGO]

THE WALL STREET GROUP, INC.                       COMPANY CONTACT:  DAVID KATZOV
32 EAST 57TH STREET                                                 GRANT MOONIE
NEW YORK, NEW YORK 10022                                          (800) 661-3560
(212) 888-4848                           VANCOUVER: JENS BIERTUMPEL 604 682 1799


        FLEXIBLE SOLUTIONS INTERNATIONAL ANNOUNCES SIGNIFICANT INCREASES
                 IN REVENUES AND PROFITS FOR 1ST QUARTER OF 2003

VICTORIA,  B.C., MAY 15, 2003 - FLEXIBLE  SOLUTIONS  INTERNATIONAL,  INC. (AMEX:
FSI,  FRANKFURT:  FXI), the developer and  manufacturer of Water$avr,  the first
commercially  viable water evaporation  retardant in the world,  today announced
that  revenues more than tripled and profits  increased  eight-fold in the first
quarter ended March 31, 2003.

Revenues  increased  254%  to  $1,331,534,   compared  with  $376,620,   in  the
corresponding period a year ago. Net profit rose to $180,781, or $0.02 per basic
share and $0.01 per diluted share,  compared with $21,021,  or nil per basic and
diluted share,  in the 2002 first quarter.  Basic and diluted  weighted  average
shares used in computing per share amounts for the quarter were  14,326,360  and
10,169,838, respectively.

Daniel B. O'Brien,  President and Chief Executive Officer,  noted that sales for
the first  quarter of 2003  exceeded  total annual sales for all of 2002 of $1.1
million.  Flexible  Solutions  gained  significant  ground in all of its current
market  sectors  during the first quarter of 2003.  "We expect that these trends
will continue throughout the current year," he stated.

"Much of the increase in revenue was generated by the first significant sales of
our  Water$avr  evaporation  retardant  for  reservoirs,  aqueducts,  irrigation
canals,  ponds and slow moving rivers," Mr. O'Brien,  added.  "At the same time,
our Tropical  Fish(TM)  evaporation  retardant for  residential  swimming  pools
continued  to gain  market  share,  coupled  with an  increase  in sales for our
Heat$avr product for the commercial pool sector."

Mr. O'Brien noted that the Company  remained in a sound financial  position with
$6.3 million in working capital as of March 31, 2003, and no debt.

ABOUT FLEXIBLE SOLUTIONS

Flexible  Solutions  International,   Inc.   (www.flexiblesolutions.com)  is  an
environmental  biotechnology  company  engaged  in the  development  and sale of
energy and water  conservation  products for  drinking  water,  agriculture  and
swimming pools throughout the world.












                                     (MORE)
<PAGE>
The Private  Securities  Litigation  Reform Act of 1995 provides a "Safe Harbor"
for  forward-looking  statements.  Certain on the statements  contained  herein,
which are not historical  facts,  are forward looking  statement with respect to
events,  the  occurrence  of  which  involve  risks  and  uncertainties.   These
forward-looking  statements may be impacted, either positively or negatively, by
various factors.  Information concerning potential factors that could affect the
company is detailed  from time to time in the  company's  reports filed with the
U.S. Securities and Exchange Commission.

                                 (TABLE FOLLOWS)

                     FLEXIBLE SOLUTIONS INTERNATIONAL, INC.

                      CONSOLIDATED STATEMENT OF OPERATIONS
                           FOR 3 MOS. ENDED MARCH 31,
                                   (UNAUDITED)

                                                      2003              2002
                                                      ----              ----


Sales ....................................        $ 1,281,266        $   376,620
Investment Income ........................        $    50,692               --
                                                                     -----------

Total Revenue ............................        $ 1,331,534        $   376,620

Net Income ...............................        $   180,781        $    21,021

Net Income Per Common
Share -- Basic ...........................        $      0.02        $      0.00

Net Income Per Common
Share - Diluted ..........................        $      0.01        $      0.00


Weight Average Shares
Used in Computing Per Share
Amounts - Basic ..........................         11,610,138          9,387,338

Weight Average Shares
Used in Computing Per Share
Amounts - Diluted ........................         14,326,338         10,169,838






</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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