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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001200952-04-000422.txt : 20040518
<SEC-HEADER>0001200952-04-000422.hdr.sgml : 20040518
<ACCEPTANCE-DATETIME>20040518160856
ACCESSION NUMBER:		0001200952-04-000422
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20040517
ITEM INFORMATION:		
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		20040518

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:		04816321

	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_8k40518.txt
<DESCRIPTION>CURRENT REPORT
<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 17, 2004

                     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 12. Results of Operations

On May 17, 2004 Flexible Solutions International, Inc., issued a press release
announcing financial results for the first quarter ended March 31, 2004.

ITEM 7. Financial Statements and Exhibits.

Exhibits:

99.1     Press Release May 13, 2004


                                   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 18, 2004

FLEXIBLE SOLUTIONS INTERNATIONAL INC.

/s/ DAN O'BRIEN

Dan O'Brien
President

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>fs_8k40518x991.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
                                  NEWS RELEASE


     FLEXIBLE SOLUTIONS REPORTS RESULTS FOR 1ST QUARTER ENDED MARCH 31, 2004

VICTORIA,  BRITISH COLUMBIA,  May 17, 2004 - FLEXIBLE  SOLUTIONS  INTERNATIONAL,
INC. (AMEX:  FSI,  FRANKFURT:  FXT) the developer and manufacturer of Water$avr,
the first  commercially  viable water evaporation  retardant in the world, today
announced financial results for the first quarter ended March 31, 2004.

Sales in the first quarter were $488,110, compared with $1,281,266 in the
corresponding period a year ago, resulting in a net loss of $(250,861), or
$(0.02) per basic weighted average share, compared with net income of $180,781,
or $0.02 per basic weighted average share, in the first quarter of 2003. Basic
weighted averge shares used in computing per share amounts for the quarters were
11,807,801 and 11,610,138, respectively.

"We believe that our sales results for the first quarter were an anomaly and
came at a time when we were making substantial financial investments in the
Company's future, including intensified marketing efforts for our flagship
Water$avr product and expenditures for a new in-house distribution operation for
our rebranded EcoSavr swimming pool product," stated President and Chief
Executive Officer Dan O'Brien.

Mr. O'Brien noted that $479,000 in Water$avr sales to Ondeo Nalco in the first
quarter of 2003 was not repeated in the first quarter of 2004. Our previous
residential pool distributor placed a larger than usual order in the fourth
quarter of 2003. In addition, a final $108,000 order from this former
distributor of Tropical Fish, being rebranded as EcoSavr, was not shipped until
April 1 and will be reflected in the second quarter financial results. The three
items accounted for all of the quarter-over-quarter revenue change.

"Looking ahead, we anticipate a return to growth in revenues based on
anticipated Water$avr sales that we are pursuing as well as an expected summer
seasonal increase for our EcoSavr swimming pool product," Mr. O'Brien added.

Flexible Solutions currently is focusing its marketing efforts on both Water$avr
and EcoSavr. It recently received its first award from a major U.S. water
authority, the Metropolitan Water District of Southern California, for the
utilization on Water$avr technology. By reclaiming the distribution of its
EcoSavr swimming pool product from an outside firm, FSI anticipates a doubling
of revenue per unit.

ABOUT FLEXIBLE SOLUTIONS INTERNATIONAL

Flexible Solutions International, Inc. (www.flexiblesolutions.com), based in
Victoria, British Columbia, is the developer and manufacturer of Water$avr, the
world's first commercially viable water evaporation retardant. FSI is an
environmental technology company specializing in energy and water conservation
products for drinking water, agriculture, industrial markets and swimming pools
throughout the world. Water$avr reduces evaporation by up to 30% on reservoirs,
lakes, aqueducts, irrigation canals, ponds and slow moving rivers. Heat$avr, a
"liquid blanket" evaporation retardant for the commercial swimming pool and spa
markets, also reduces humidity and lowers water heating costs, resulting in
energy savings of 15% to 40%. The Company's EcoSavr product targets the
residential swimming pool market.
<PAGE>
SAFE HARBOR PROVISION

The Private Securities Litigation Reform Act of 1995 provides a "Safe Harbor"
for forward-looking statements. Certain of 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
Securities and Exchange Commission.

                                 (TABLE FOLLOWS)

                     FLEXIBLE SOLUTIONS INTERNATIONAL, INC.

                      CONSOLIDATED STATEMENT OF OPERATIONS

                           FOR 3 MOS. ENDED MARCH 31,
                                  (UNAUDITED)

                                                2004            2003

Sales                                            $ 488,110     $ 1,281,266

Net Income (Loss)                                $(250,861)    $   180,781

Net Income (Loss) Per Common Share - Basic        $  (0.02)    $      0.02

Weighted Average Shares
 Used in Computing Per Share Amounts - Basic    11,807,801      11,610,138

                                       ###



THE WALL STREET GROUP, INC.                    FLEXIBLE SOLUTIONS INTERNATIONAL
32 East 57th Street                     Tel: (250) 477-9821 Fax: (250) 477.9912
New York, New York 10022                      Email: info@flexiblesolutions.com
Tel: (212) 888-4848                           Jens Biertumpel Tel: 604-682-1799

In the recent past you have either  signed up to receive our investor  relations
information on our website, by email or in person.

Are you a shareholder? Please visit our website for details on our Annual
General Meeting to be held on the 28th of May 2004, in beautiful Victoria.

If you have received this news release by mistake or if you would like to be
removed from our update list please reply to: karen@flexiblesolutions.com with a
remove in the subject field.

Should you like to peruse our recent news releases and find out more information
about Flexible Solutions and its products please visit WWW.FLEXIBLESOLUTIONS.COM

Best regards,

Karen Boudewyn

Flexible Solutions International Inc.
Tel: 250.477.9969 Fax: 250.477.9912
800.661.3560

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