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<SEC-DOCUMENT>0000897069-05-001155.txt : 20050510
<SEC-HEADER>0000897069-05-001155.hdr.sgml : 20050510
<ACCEPTANCE-DATETIME>20050509175955
ACCESSION NUMBER:		0000897069-05-001155
CONFORMED SUBMISSION TYPE:	S-3
PUBLIC DOCUMENT COUNT:		5
FILED AS OF DATE:		20050510
DATE AS OF CHANGE:		20050509

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:		S-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-124751
		FILM NUMBER:		05813268

	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>S-3
<SEQUENCE>1
<FILENAME>cmw1409.htm
<DESCRIPTION>REGISTRATION STATEMENT
<TEXT>
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     <TD WIDTH=73% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>As filed with the Securities and Exchange Commission on May 9, 2005</FONT></TD>
     <TD WIDTH=27% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Registration No. __________&nbsp;</FONT></TD></TR>
</TABLE>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>UNITED STATES
<BR>SECURITIES AND EXCHANGE COMMISSION  </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Washington, D.C. 20549 </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>FORM S-3 </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>REGISTRATION STATEMENT
UNDER <BR>THE SECURITIES ACT OF
1933 </FONT></H1>


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<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>FLEXIBLE SOLUTIONS INTERNATIONAL, INC.</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(Exact name of registrant as specified in its charter)</FONT></TD></TR>
</TABLE>
<BR>

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     <TD WIDTH=50% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Nevada</FONT></TD>
     <TD WIDTH=50% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>91-1922863</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(State or other jurisdiction of</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(I.R.S. Employer</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>incorporation or organization)</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Identification No.)</FONT></TD></TR>
</TABLE>
<BR>


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     <TD WIDTH=94% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>615 Discovery Street</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Victoria, British Columbia</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>V8T 5G4, CANADA</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(250) 477-9969</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(Address, including zip code, and telephone number,</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>including area code, of registrant's principal executive offices)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR>Daniel B. O'Brien</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>President and Chief Executive Officer</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Flexible Solutions International, Inc.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>615 Discovery Street</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Victoria, British Columbia</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>V8T 5G4, CANADA</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(250) 477-9969</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(Name, address, including zip code, and telephone number,</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>including area code, of agent for service)</FONT></TD></TR>
</TABLE>
<BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>with copies to:</I> </FONT></P>





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<TR VALIGN=Bottom>
     <TD WIDTH=50% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Andrew B. Serwin, Esq.</FONT></TD>
     <TD WIDTH=50% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Paul A. Stewart, Esq.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Foley &amp; Lardner LLP</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Foley &amp; Lardner LLP</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>402 W. Broadway, Suite 2300</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>One Maritime Plaza, Sixth Floor</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>San Diego, California 92101-3542</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>San Francisco, California 94111-3409</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(619) 234-6655</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(415) 434-4484</FONT></TD></TR>
</TABLE>




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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>APPROXIMATE
DATE OF COMMENCEMENT OF PROPOSED SALE TO THE PUBLIC:</B> At any time and from time to time
after the effective date of this Registration Statement. </FONT></P>

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     <HR ALIGN=CENTER WIDTH=50% SIZE=1 color=black NOSHADE>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the only securities being registered on this Form are being offered pursuant to dividend
or interest reinvestment plans, please check the following box: |_| </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any of the securities being registered on this Form are to be offered on a delayed or
continuous basis pursuant to Rule 415 under the Securities Act of 1933, other than
securities offered only in connection with dividend or interest reinvestment plans, check
the following box: |X| </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
this Form is filed to register additional securities for an offering pursuant to Rule
462(b) under the Securities Act, please check the following box and list the Securities
Act registration statement number of the earlier effective registration statement for the
same offering: |_| </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities
Act, check the following box and list the Securities Act registration statement number of
the earlier effective registration statement for the same offering: |_| </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
delivery of the prospectus is expected to be made pursuant to Rule 434 under the
Securities Act, please check the following box: |_| </FONT></P>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CALCULATION OF
REGISTRATION FEE </FONT></H1>










<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR>
     <TD COLSPAN=5><HR NOSHADE COLOR=#000000 SIZE=2></TD></TR>
<TR VALIGN=Bottom>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Title of each class of<BR>
securities to be registered</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Amount to be<BR>
registered (1)</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Proposed maximum<BR>
offering price per<BR>
unit (2)</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Proposed maximum<BR>
aggregate offering price (2)</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Amount of<BR>
registration<BR>
fee</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=20% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Common stock, par value $0.001</FONT></TD>
     <TD WIDTH=15% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>1,800,000</FONT></TD>
     <TD WIDTH=25% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>$3.925</FONT></TD>
     <TD WIDTH=25% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>$7,065,000</FONT></TD>
     <TD WIDTH=15% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>$831.55</FONT></TD></TR>
<TR>
     <TD COLSPAN=5><HR NOSHADE COLOR=#000000 SIZE=2></TD></TR>
</TABLE>
<BR>


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          <TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
               <TR VALIGN=TOP>
               <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1) </FONT></TD>
               <TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               Includes 900,000 shares of common stock issuable upon the exercise of certain
               outstanding warrants. Pursuant to Rule 416 of the Securities Act of 1933, as
               amended, such number of shares of common stock registered hereby shall include
               an indeterminate number of shares of common stock that may be issued in
               connection with a stock split, stock dividend, recapitalization or similar
               event. </FONT></TD>
               </TR>
               </TABLE>
               <BR>

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               <TR VALIGN=TOP>
               <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(2) </FONT></TD>
               <TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               Estimated solely for the purpose of calculating the registration fee in accordance
               with Rule 457(c) under the Securities Act of 1933, as amended. Based on the
               average of the high and low prices per share of common stock of the registrant
               as reported on the American Stock Exchange on May 4, 2005. </FONT></TD>
               </TR>
               </TABLE>
               <BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>The
registrant hereby amends this Registration Statement on such date or dates as may be
necessary to delay its effective date until the registrant shall file a further amendment
which specifically states that this Registration Statement shall thereafter become
effective in accordance with Section&nbsp;8(a)&nbsp;of the Securities Act of 1933, as amended, or
until this Registration Statement shall become effective on such date as the Commission
acting pursuant to said Section 8(a), may determine.</B> </FONT></P>

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<HR SIZE=1 NOSHADE COLOR=BLACK WIDTH=25% ALIGN=CENTER>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Information
contained herein is subject to completion or amendment. A Registration Statement relating
to these securities has been filed with the Securities and Exchange Commission. These
securities may not be sold nor may offers to buy be accepted prior to the time the
Registration Statement becomes effective. This prospectus shall not constitute an offer to
sell or the solicitation of an offer to buy nor shall there be any sale of these
securities in any state in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of any such state.</I> </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Subject to Completion
Dated ___________, 2005. </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PROSPECTUS </FONT></H1>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><IMG SRC="flexible.gif">&reg; </FONT></P>







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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>FLEXIBLE SOLUTIONS
INTERNATIONAL, INC. </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1,800,000 Shares of
Common Stock </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certain
of our shareholders (the &#147;Selling Shareholders&#148;) are offering to sell up to
1,800,000 shares of our common stock (the &#147;Shares&#148;), 900,000 of which are
issuable upon the exercise of warrants to purchase common stock issued to the Selling
Shareholders. The Selling Shareholders acquired the Shares from us in a private placement
that closed on April 13, 2005. We are not offering or selling any of the Shares. The
Selling Shareholders may sell the Shares on the open market at market price in ordinary
broker transactions or in negotiated transactions, and they may pay broker commissions in
connection with such transactions. We will not receive any of the proceeds of sale of the
Shares nor pay any broker commissions in connection with such sales. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
common stock is listed on the American Stock Exchange under the trading symbol
&#147;FSI&#148;. On May 5, 2005, the closing price of our common stock was $4.00 per
share. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Before
investing in our securities, you should carefully consider each of the factors described
under &#147;Risk Factors&#148; beginning on page <U>I-14</U> of this prospectus.</I></B>  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Selling Shareholders and any broker-dealer executing selling orders on behalf of or
purchasing from the Selling Shareholders may be deemed to be an &#147;underwriter&#148;
within the meaning of the Securities Act of 1933, as amended (the &#147;Securities
Act&#148;). Commissions received by any such broker-dealer may be deemed to be
underwriting commissions or discounts under the Securities Act. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Neither
the Securities and Exchange Commission (the &#147;Commission&#148;) nor any state
securities commission has approved or disapproved of these securities or determined if
this prospectus is truthful or complete. Any representation to the contrary is a criminal
offense.</I></B> </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;You
should read this prospectus and any supplement carefully before you invest. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
date of this prospectus is  ___________________, 2005. </FONT></P>








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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>TABLE OF CONTENTS </FONT></H1>




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<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> </FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Page </FONT><HR WIDTH=30% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=85% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>ABOUT THIS PROSPECTUS </FONT></TD>
     <TD WIDTH=15% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;I-1 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>WHERE YOU CAN FIND MORE INFORMATION </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;I-1 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;I-1 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;I-2 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>SPECIAL NOTE REGARDING TRADEMARKS </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;I-3 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>PROSPECTUS SUMMARY </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;I-4 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our Company </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;I-4 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our Subsidiaries </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;I-4 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our Products </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;I-5 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Competition </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;I-9 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Manufacturing </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">I-10 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Government Regulations </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">I-11 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proprietary Rights </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">I-11 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Growth Strategy </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">I-12 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Offering </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">I-12 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporation Information </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">I-13 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>RISK FACTORS </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">I-14 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>USE OF PROCEEDS </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">I-20 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>SELLING SHAREHOLDERS </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">I-20 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>PLAN OF DISTRIBUTION </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">I-22 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>VALIDITY OF COMMON STOCK </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">I-24 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>EXPERTS </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">I-24 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>INDEMNIFICATION </FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">I-24 </FONT></TD></TR>
</TABLE>


<BR>
<BR>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>i </FONT></P>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ABOUT THIS PROSPECTUS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
prospectus is a part of a Registration Statement that we have filed with the Commission.
You should rely only on the information provided in this prospectus or any supplement or
amendment. We have not authorized anyone else to provide you with additional or different
information. You should not assume that the information in this prospectus or any
supplement or amendment is accurate as of any date other than the date on the front of
this prospectus or any supplement or amendment. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unless
the context otherwise requires, &#147;Flexible Solutions,&#148; &#147;we,&#148;
&#147;our,&#148; &#147;us&#148; and similar expressions refer to Flexible Solutions
International, Inc., a Nevada corporation, and its subsidiaries, and the term &#147;common
stock&#148; means our Shares of common stock, par value $0.001 per share. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>WHERE YOU CAN FIND
MORE INFORMATION </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
file reports, proxy statements and other information with the Commission. Information
filed with the Commission by us can be inspected and copied at the public reference room
maintained by the Commission at 450 Fifth Street, N.W., Room&nbsp;1024, Washington, D.C.
20549. You may also obtain copies of this information by mail from the Public Reference
Section of the Commission, 450 Fifth Street, N.W., Washington, D.C. 20549, at prescribed
rates. Further information on the operation of the Commission&#146;s public reference room
in Washington, D.C. can be obtained by calling the Commission at 1-800-SEC-0330. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Commission also maintains a website that contains reports, proxy statements and other
information about issuers, such as us, who file electronically with the Commission. The
address of that website is <U>http://www.sec.gov</U>. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
common stock is listed on the American Stock Exchange (AMEX: FSI), and reports, proxy
statements and other information concerning us can also be inspected at the offices of the
American Stock Exchange at 86 Trinity Place, New York, New York 10006. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>INCORPORATION OF
CERTAIN DOCUMENTS BY REFERENCE </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Commission allows us to &#147;incorporate by reference&#148; into this prospectus certain
information which we file with the Commission. This means we can fulfill our obligations
to provide you with certain important information by referring you to other documents
which we have filed with the Commission. The information which is incorporated by
reference is an important part of this prospectus. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
are incorporating by reference into this prospectus the following documents which we have
filed, or may later file, with the Commission under the Securities Exchange Act of 1934,
as amended (the &#147;Exchange Act&#148;). The information we file with the Commission
later will automatically update and supersede the present information. </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>our
Annual Report on Form 10-KSB for the fiscal year ended December 31, 2004 (filed with the
Commission on March 24, 2005); </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>our
Form 8-K (filed with the Commission on January 10, 2005);</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>our
Form 8-K (filed with the Commission on March 24, 2005);</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>our
Form 8-K (filed with the Commission on April 6, 2005);</FONT></TD>
</TR>
</TABLE>
<BR>



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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-1 </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>our
Form 8-K (filed with the Commission on April 14, 2005);</FONT></TD>
</TR>
</TABLE>
<BR>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>the
description of our common stock in our Registration Statement on Form 8-A (filed with the
Commission on November 12,               2002); and</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>all
documents filed by us with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d)
of the Exchange Act after the date of this prospectus and before the termination of the
offering. </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
will provide to each person to whom a prospectus is delivered, including any beneficial
owner, a copy of any or all of the information which is incorporated by reference in this
prospectus, but which is not delivered with this prospectus. We will provide such
information, at no cost to the requesting person, upon written or oral request made to: </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Flexible Solutions
International, Inc. <BR>Attn: Investor Relations
<BR>615 Discovery Street
<BR>Victoria, British
Columbia <BR>V8T 5G4, CANADA
<BR>(250) 477-9969 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;You
should rely only on the information provided or incorporated by reference in this
prospectus or in the applicable supplement to this prospectus. You should not assume that
the information in this prospectus and the applicable supplement is accurate as of any
date other than the date on the front cover of the document. If information in
incorporated documents conflicts with information in this prospectus, you should rely on
the most recent information. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CAUTIONARY NOTE
REGARDING FORWARD-LOOKING STATEMENTS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Some
of the statements contained in this prospectus and incorporated by reference herein
discuss our plans and strategies for our business or make other forward-looking
statements, as this term is defined in the Private Securities Litigation Reform Act. The
words &#147;anticipates,&#148; &#147;believes,&#148; &#147;estimates,&#148;
&#147;expects,&#148; &#147;plans,&#148; &#147;intends,&#148; &#147;may,&#148;
&#147;could,&#148; &#147;will,&#148; &#147;continue,&#148; &#147;seek,&#148;
&#147;should,&#148; &#147;would&#148; and similar expressions are intended to identify
these forward-looking statements, but are not the exclusive means of identifying them.
These forward-looking statements reflect the current views of our management; however,
various risks, uncertainties and contingencies could cause our actual results, performance
or achievements to differ materially from those expressed in, or implied by, these
statements, including, without limitation, the following: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>our
relatively limited operating history and history of operating losses;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>a
further decline in the domestic and global economy that may delay the development and
introduction of our products;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>our
success, or lack thereof, in the introduction and marketing of new products into existing
and new markets;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>our
ability to manufacture existing and new products in volumes demanded by our customers and
at competitive prices with               adequate gross margins;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>the
risk of increased competition and our ability to increase our market share relative to
our competitors;</FONT></TD>
</TR>
</TABLE>
<BR>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-2 </FONT></P>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>our
ability to successfully integrate our business with operations of businesses we have
acquired and may acquire in the               future;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>our
ability to finance the growth of our business with internal resources or through outside
financing at reasonable rates;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>our
ability to manage our growth; and</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>our
ability to produce our products at quality levels demanded by our customers.</FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Although
we believe that the expectations reflected in these forward-looking statements are
reasonable and achievable, such statements involve risks and uncertainties and no
assurance can be given that the actual results will be consistent with these
forward-looking statements. Except as otherwise required by Federal securities laws, we
undertake no obligation to publicly update or revise any forward-looking statements,
whether as a result of new information, future events, changed circumstances or any other
reason, after the date of this prospectus. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>For
a discussion of important risks of an investment in our securities, including factors
that could cause actual results to   differ materially from results referred to in the
forward-looking statements, see &#147;Risk Factors&#148; beginning on page I-14 of this
prospectus. </I></B> </FONT></P>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SPECIAL NOTE REGARDING
TRADEMARKS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WATER$AVR&reg;,
H$&reg;, <IMG SRC="tinyflex.gif">&reg;, HEAT$AVR PRO&reg;, HEAT$AVR&reg;, W$&reg;, and ECOSAVR&#153; are our
trademarks. This prospectus may also contain trademarks and trade names of other
companies. All trademarks and trade names appearing in this prospectus are the property of
their respective owners. </FONT></P>

<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-3 </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PROSPECTUS SUMMARY </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>You
should read this summary together with the other information contained in other parts of
this prospectus and the documents which are incorporated by reference. Because it is a
summary, it does not contain all of the information that you should consider before
investing in our common stock.</I> </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Our Company </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
were incorporated as Flexible Solutions, Ltd. (referred to hereinafter as &#147;Flexible
Ltd.&#148;), a British Columbia corporation, on January 26, 1991. On May 12, 1998, we
merged Flexible Ltd. with and into Flexible Solutions International, Inc., a Nevada
corporation, and, in exchange for all of the outstanding shares of Flexible Ltd., we
issued 7,000,000 shares of common stock, which represented all of our then-issued and
then-outstanding shares, to the former shareholders of Flexible Ltd. Flexible Ltd. is now
our wholly-owned subsidiary. For further information on Flexible Ltd., see &#147;Our
Subsidiaries&#151;<I>Flexible Solutions, Ltd.</I>&#148; below. At the time of the merger
between Flexible Solutions and Flexible Ltd., Flexible Solutions had no other business and
was incorporated solely in order to acquire Flexible Ltd. This merger facilitated the
establishment of a public trading market for our common stock. Trading in our common stock
commenced on October 12, 1999, through the OTC Bulletin Board under the trading symbol
&#147;FXSO&#148;. Since November 2002, our common stock has traded on the American Stock
Exchange under the trading symbol &#147;FSI&#148;. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Our Subsidiaries </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flexible
Solutions is the parent holding company of Flexible Ltd., WaterSavr Global Solutions Inc.
(hereinafter referred to as &#147;WaterSavr&#148;) and NanoChem Solutions Inc.
(hereinafter referred to as &#147;NanoChem&#148;). </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Flexible
Solutions, Ltd. </I> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flexible
Ltd., a British Columbia corporation, was organized to develop and market swimming pool
chemical products designed to reduce heat loss. HEAT$AVR&reg; and ECOSAVR&#153; are
Flexible Ltd.&#145;s principal products. For further information on these products, see
&#147;Our Products&#151;<I>HEAT$AVR&reg; and ECO$AVR&#153;</I>&#148; below. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>WaterSavr
Global Solutions Inc. </I> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
2002, we established WaterSavr Global Solutions, Inc. to concentrate on the marketing of
our WATER$AVR&reg; product. Since February 7, 2005, WaterSavr has been a Nevada
corporation. WATER$AVR&reg; is a patented powder that, when deployed onto a water surface
of any size, will significantly reduce evaporation. For further information on our
WATER$AVR&reg; products, see &#147;Our Products&#151;WATER$AVR&reg;&#148; below. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>NanoChem
Solutions Inc. </I> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
May 25, 2004, we formed NanoChem in order to acquire certain of the assets of Donlar
Corporation, which owned a broad portfolio of environmentally friendly technologies and
products. In June 2004, NanoChem purchased these assets from Donlar Corporation&#146;s
bankruptcy estate for $6.15 million. In exchange for the capital contribution necessary to
purchase the Donlar assets, we were issued all of the outstanding shares of NanoChem,
making it our wholly-owned subsidiary. The newly acquired assets include 52 U.S. and 139
International patents relating to environmental products and technologies, as well as a
56,780 square foot manufacturing plant on 40 acres of property in an area outside of
Chicago, Illinois. As part of the asset acquisition from Donlar International, we also
acquired leaseholds to corporate offices and a laboratory in Bedford Park, Illinois that
are now occupied by NanoChem. The principal products that we acquired from Donlar
International via our wholly-owned subsidiary, NanoChem, consist of water-soluble
chemicals utilizing thermal polyaspartate biopolymers (hereinafter referred to as
&#147;TPAs&#148;), which are beta-proteins manufactured from the common biological amino
acid, L-aspartic. TPAs can be formulated to prevent corrosion and scaling in water piping
within the petroleum, chemical, utility and mining industries. TPAs are also used as
proteins to enhance fertilizers in improving crop yields and as additives for household
laundry detergents, consumer care products, and pesticides. For further information on
these products, see &#147;Our Products&#151;<I>Biopolymer Products (TPAs)</I>&#148; below. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-4 </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Our Products </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>HEAT$AVR&reg; and
ECOSAVR&#153;</I> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
principal products consist of the HEAT$AVR&reg; and ECOSAVR&#153; branded chemical
solutions. HEAT$AVR&reg; is a chemical product for use in swimming pools and personal spas
that forms a thin, transparent layer on the water&#146;s surface that reduces water
evaporation and heat loss. We market the HEAT$AVR&reg; product as a cost-effective and
convenient way to save on the cost of energy required to heat pools and spas. Our studies
indicate that approximately 70% of the energy lost from a swimming pool occurs through
water evaporation. By using our HEAT$AVR&reg; product, we can minimize that heat loss and
save our customers money on their pool and spa energy needs. For example, we have received
reports from our commercial customers documenting energy savings of between $2,400 to
$6,000 per year when using our HEAT$AVR&reg; product. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
completed the development of our HEAT$AVR&reg; product and introduced it to the commercial
marketplace in 1998, achieving initial sales of $84,252 that year. Since that time, we
have expanded our marketing of the HEAT$AVR&reg; product to include the residential
marketplace. We found that by designing the HEAT$AVR&reg; product to be
&#147;residential-friendly,&#148; we could increase sales. As a result, we created a
patented, fish-shaped dispensing unit for the HEAT$AVR&reg; residential market and have
designated the dispensing unit as the ECOSAVR&#153;. Since that time, we have increased
sales and market share on our HEAT$AVR&reg; and ECOSAVR&#153; products. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
ECOSAVR&#153; dispenser is made of molded plastic in the form of a ten-inch long colorful
ECOSAVR&#153; fish that is filled with enough HEAT$AVR&reg; solution to cover the surface
of a 400 square foot swimming pool for about one month. The ECOSAVR&#153; is deployed by
cutting off the dorsal fin and tossing the fish into the pool where it submerges to the
bottom. Differential pressure causes the HEAT$AVR&reg; solution inside the ECOSAVR&#153;
to escape into the water where it rises to the surface and forms a transparent layer on
the water&#146;s surface. Once the ECOSAVR&#153; is empty, the dispenser is removed and
replaced. We also make and sell programmable ECOSAVR&#153; dispensers for automatically
dispensing HEAT$AVR&reg; into the pool or spa. The dispenser contains a reservoir holding
a one gallon supply of HEAT$AVR&reg;. The unit is programmed to inject the appropriate
amount of the HEAT$AVR&reg; product into the pool at the rate of one ounce per 400 square
feet of pool surface per day. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
ECOSAVR&#153; product has a suggested retail price of between $11.95 and $14.95 in the
United States. HEAT$AVR&reg; retails for between $200 and $300 per four gallon case in the
United States. In outdoor swimming pools, our HEAT$AVR&reg; product can provide savings on
pool heating costs and provides convenience of use when compared to pool blankets. Pool
blankets are plastic covers, which are cut to the size and shape of the surface of the
pool or spa. They float on the surface and perform the same function as our HEAT$AVR&reg;
product: reducing energy cost by inhibiting water evaporation. Pool personnel often find
it inconvenient to use conventional pool blankets because a pool blanket must be removed
and stored prior to entering the pool and provides no energy savings when not on the pool.
Conversely, our HEAT$AVR&reg; product eliminates the necessity of installing, removing and
storing the blanket and works 24 hours a day. We believe that the ease of use provided by
HEAT$AVR&reg; results in more consistent pool and spa usage. In addition, the use of
HEAT$AVR&reg; in an indoor pool results in even greater energy savings. Indoor pool
locations use energy not only to heat the pool water, but also to air condition the pool
environment. By slowing the transfer of heat and water vapor from the pool to the
atmosphere of the pool enclosure, less energy is required to maintain a pool at the
desired temperature and there is a reduced load on the air-conditioning system because
less is heat transferred from the pool water to the surrounding air and less water vapor
will have to be removed from the air to maintain the required comfort level. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-5 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
market our HEAT$AVR&reg; and ECOSAVR&#153; products to both residential and commercial
markets, consisting of individual homeowners with swimming pools and personal spas and
commercial consumers consisting of operators of swimming pools and personal spas located
in hotels, motels, schools, and municipal and private recreational facilities. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Traditionally,
we sold our HEAT$AVR&reg; and ECOSAVR&#153; products directly to a wholesale network.
However, in February 2004, we reorganized the distribution of our HEAT$AVR&reg; and
ECOSAVR&#153; products so that we now handle distribution of the products from our new
sales and marketing office in Richmond, British Columbia. By bringing our product
distribution in-house, we believe we can fully integrate our manufacturing and
distribution processes such that we can increase our revenue per unit by 100%. While we
now maintain greater control over our distribution process, we also still maintain
non-exclusive distributorships in Canada and the United States for the sale of bulk
HEAT$AVR&reg; (without the ECOSAVR&#153; dispenser) and exclusive distributorships in
Australia, Japan, Korea, Spain and Great Britain. We support our distributors and seek
additional market opportunities by annually attending the major pool industry trade shows
in the United States. We also advertise in trade magazines, maintain a semi-annual
newsletter that is sent to buyer associations, customers and potential customers, and
maintain an internet presence containing information about our products. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>WATER$AVR&reg;</I> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
introduced our WATER$AVR&reg; product in June 2002. This product utilizes our core
technology to reduce water evaporation. We market it as a water conservation product for
use where water is standing or gently flowing and the need for water conservation can
justify the cost of purchase and deployment of the product. We believe that our
WATER$AVR&reg; product may find a market for use in the following markets: reservoirs,
potable water storage, aqueducts and canals, agricultural irrigation, flood water crops,
lawn and turf care, potted and bedding plants, stock watering ponds, and mining. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WATER$AVR&reg;
is sold in granulated form and can be provided in shaker containers holding &frac34; lbs.
or in 50 lbs. weatherproof bags. WATER$AVR&reg; can be applied in various ways from hand
dispersal to fully automated scheduled metering, and we also offer an automatic dispenser
for WATER$AVR&reg; to automate deployment of the product. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
May 2004, the Metropolitan Water District of Southern California awarded us a $30,000
grant under that agency&#146;s Innovation Supply Program for an evaporation control
project to start in June 2004. In September and October 2004, we achieved positive results
from our evaporation control testing conducted at Owens Lake, California. The evaporation
control results were as follows: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Evaporation
reduction for 2- and 3-day application cycles over September and October were 37% and
30%, respectively; and</FONT></TD>
</TR>
</TABLE>
<BR>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-6 </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Evaporation
savings were as high as 54% and as low as 22% on individual days depending on
environmental factors. </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
also ordered a simultaneous toxicity study to be performed by McGuire Environmental
Consultants Inc. of Denver, Colorado to determine if any water quality change occurred as
a result of the application of WATER$AVR&reg; to a body of water. With respect to the
environmental impact testing performed in Colorado, the results were as follows: </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>No
effect on odor;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>No
effect on invertebrates;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>No
effect on vertebrates;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>No
anticipated effect on any current drinking water treatment processes; and</FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Biodegradability
reconfirmed independently.</FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
anticipate our initial market for WATER$AVR&reg; will be in Spain, Australia and the
United States. We have provided quantities of the product for testing in these countries
and, if successful, we anticipate that substantial orders may be received. We also
anticipate marketing WATER$AVR&reg; to both developed and drought stricken countries to
address water conservation concerns. In this regard, we are seeking to establish strategic
relationships with companies in the water processing industry who have marketing and
manufacturing operations in countries with water conservation concerns. We have two full
time employees and two other employees more than 50% assigned to establishing sales
channels throughout the world for WATER$AVR&reg;. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>WATER$AVR&#151;BTI&#153;</I> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Over
the last three years, our continued research and development has resulted in a patent
pending modification of the original WATER$AVR&reg; that combines evaporation control with
control of mosquito larvae before they reach adult stage. The result is our new
WATER$AVR&#151;BTI&#153; product. The BTI portion of the product is a recognized and
approved, environmentally friendly method of killing mosquito larvae during the
1<SUP>st</SUP>, 2<SUP>nd</SUP>, and 3<SUP>rd</SUP> stages of larvae development. Combined
with our original WATER$AVR&reg; product, WATER$AVR&#151;BTI&#153; can be effectively and
quickly spread across large and small water surfaces evenly and can be constrained to the
water/air interface where larvae must go to obtain air. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
November 2004, after announcing positive test results from independent trials conducted at
Louisiana State University on the efficacy of the WATER$AVR&#151;BTI&#153; product, we
filed an application with the U.S. Environmental Protection Agency to obtain product
registration. This application is still pending. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Included
in our application were the results of the field tests on the performance of
WATER$AVR&#151;BTI&#153;, carried out by the Entomology Department at the Louisiana State
University Agricultural Center in Crowley, Louisiana. The application underscored the
results of the field testing: WATER$AVR&#151;BTI&#153; has been shown to correspond to a
reduction in the density of mosquito larvae present in a body of water. These field tests
back up our internal laboratory tests, showing that the use of WATER$AVR&#151;BTI&#153;
resulted in a 100% kill rate of mosquito larvae in contact with the product. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-7 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Biopolymer
Products (TPAs) </I> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
subsidiary, NanoChem, produces water soluble, biodegradable polymers, or TPAs, used in
industrial and consumer products. TPAs have a wide range of molecular weights. The ideal
weight depends on the application, formulation and required performance  characteristics
in specific processes.  This allows for customization of the products to correspond to
particular product applications. </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>TPAs
for Oilfields</U>. TPAs are used to reduce scale and corrosion in various
&#147;topside&#148; water systems. They are chosen over traditional phosphate and other
products when biodegradability is required by environmental regulation. In this regard, we
create products that can be used by our NanoChem sales force to market to oil service
company technicians on a oil well-by-oil well basis according to the specific water
conditions involved. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>TPAs
for the Agricultural Industry</U>. TPAs have the ability to reduce fertilizer
crystallization before, during and after application and can also prevent crystal
formation between fertilizer and minerals present in the soil. Once crystallized,
fertilizer and soil minerals are not bio-available to provide plant nourishment. As a
result, in select conditions the use of TPAs either blended with fertilizer or applied
directly to crops can increase yield values significantly beyond the cost of the TPA used.
We conduct sales of these TPA-specific products by distribution through agricultural input
companies, with a current emphasis on the Western United States. These proteins are
designated for crop nutrient management programs and should not be confused with crop
protection and pesticides or other agricultural chemical application. Depending on the
application, these TPA products are marketed under a variety of brands including Amisorb,
LYNX, MAGNET, AmGro and VOLT. Markets of significance include potatoes, sugar beets,
cotton, tomatoes, almonds and other high value per acre crops. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>TPAs
for Irrigation</U>. The crystallization prevention ability of TPAs can also be useful in
select irrigation conditions. By reducing calcium carbonate scale propagation, TPAs can
prevent early plugging of drip irrigation ports and reduce maintenance costs and lengthen
equipment lifetimes. These TPAs can replace and compete with acid type scale removers, but
have the competitive advantages of a positive yield effect on the plant, as well an easier
deployment formulation with liquid fertilizers when used as part of a
&#147;fertigation&#148; program. Our TPAs for drip irrigation scale prevention are at an
early stage of commercialization and will be marketed and sold through the same channels
as our TPAs for the agricultural industry. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>TPAs
for Detergent</U>. In detergents, TPAs are a biodegradable substitute for poly-acrylic
acid. In select markets, the use of this substitute outweighs the added cost of TPAs,
which has allowed for the continued growth of this TPA product line. However, to increase
penetration of this market beyond specialty detergent manufacturers, we will have to find
ways to decrease the cost of goods sold or wait for legislative intervention regarding
biodegradability of detergent components. In the meantime, we are researching various
methods of reducing production costs. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>TPAs
for Personal Care Products</U>. TPAs can also be used in shampoo and cosmetic products for
increased hydration that improves the feel of the core product to consumers. It may also
be used as an additive to toothpaste with the documented effect of reducing decay bacteria
adhesion to tooth enamel and presumed reduction in total decay. We do not currently sell
TPAs for personal care products into these markets. </FONT></P>

<BR>
<BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-8 </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Competition </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>HEAT$AVR&reg; and
ECO$AVR&#153;</I> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
are aware of only one other company that manufactures a chemical evaporation reduction
product that competes with our HEAT$AVR&reg; product. This other product has had limited
sales to date and does not have the important convenience factor of our ECO$AVR&#153;
product. In addition to this existing competitor, our previous distributor, Sunsolar
Technologies, has recently begun selling a product called Turbo-Tropical Fish that
directly competes with our ECO$AVR&#153; product. This product, while having a higher
price point and no sales history to date, must be taken seriously because of the expertise
Sunsolar derived from working with us for six years as our exclusive North American
distributor of ECO$AVR&#153;, which relationship ended in February 2004. We also believe
that Sunsolar is infringing our trademark rights by using the name &#147;Turbo Tropical
Fish&#148; and we are actively litigating the issue. For further information on this
litigation, see &#147;Risk Factors&#148; below. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
mentioned above, HEAT$AVR&reg; also competes against plastic pool blanket products. We
compete against pool blankets on the basis of convenience of use of HEAT$AVR&reg; versus
the inconvenience of deploying and storing pool blankets. Pool owners and operators may
also decide that evaporation control products are not needed for their pools. For further
information on this risk, see &#147;Risk Factors&#148; below. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>WATER$AVR&reg;</I> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aegis
Chemical Industries Ltd. of India directly competes with our WATER$AVR&reg; product.  We
believe our WATER$AVR&reg;product is superior for the following reasons: </FONT></P>



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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Easier
Application.  WATER$AVR&reg; may be deployed directly to the water surface by hand or
machine.  Our competition requires               premixing to dilute the product to
usable strength, followed by extensive pumping.</FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Cost</U>.
In order to achieve comparable water savings levels, other products would cost more than
the WATER$AVR&reg; product. </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Water
conservation is an important priority throughout the world, and numerous researchers in
industry and academia are seeking to develop solutions that may compete with, or be
superior to our products. Climate changes that relieve water shortage conditions or a
technological breakthrough in water desalination could reduce the need for water
conservation products. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>WATER$AVR
&#150;BTI&#153;</I> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
are not aware of any direct competition to our WATER$AVR &#150; BTI&#153; product;
however, the business of pest control is very large and very well funded. There are a
multitude of methods and materials that can be used for mosquito control and all of them
are competition for our product. We believe that we will be able to compete by: </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Providing
an environmentally sensitive alternative;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Increasing
effectiveness per unit cost; and</FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Reducing
cost of application respective to similar products. </FONT></TD>
</TR>
</TABLE>
<BR>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-9 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Biopolymers
(TPAs) </I> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
TPA products have direct competition with Lanxess AG (recently spun out of Bayer AG), a
German TPA manufacture of similar quality operating pursuant to a different patented
process from that used by NanoChem. NanoChem and Lanxess have cross-licensed each
other&#146;s processes and either company can use either process for the term of the
patents involved. It is believed that Lanxess has approximately the same production
capacity as NanoChem and it must be presumed that their cost of goods sold is competitive.
We believe that we can compete effectively with Lanxess by offering excellent customer
service in oilfield sales, superior distributor support in the agricultural marketplace
and the advantage of flexibility because of the relative size of our company. In addition,
we intend to continue to seek market niches that are not the primary targets of Lanxess,
such that we can attempt to avoid confusion. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
TPA products face indirect competition from other chemicals in every market in which we
are active. In irrigation scale control, acid washes can be utilized. In detergent,
poly-acrylic acid is most often used due to price advantage. For crop enhancement,
increased fertilizer levels or reduced concentrations can serve as a substitute for TPAs.
Likewise, in oilfield scale prevention, phosphonates, phosphates and molibdonates provide
the same effect. Notwithstanding the above, we believe our competitive advantages include: </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Biodegradability
compared to poly-acrylic acid for detergents;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Biodegradability
compared to competing oil field chemicals;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Cost-effectiveness
for crop enhancement compared to increased fertilizer use; and</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Environmental
considerations, ease of formulation and increased crop yield opportunities in irrigation
scale control markets. </FONT></TD>
</TR>
</TABLE>
<BR>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Manufacturing </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
HEAT$AVR&reg; and ECOSAVR&#153; products and dispensers are made from chemicals, plastic
and other materials and parts that are readily available from multiple suppliers. We have
never experienced any shortage in the availability of raw materials and parts for our
products and we do not have any long term supply contracts for any such items. We
manufacture our products in an approximately 11,000 sq. ft. plant in Calgary, Alberta,
Canada. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
WATER$AVR&reg; products are manufactured under contract with Nalco Company under a
five-year agreement effective as of April 2002, with a five-year extension available. We
are not required to purchase any minimum quantity of such product. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
56,780 sq. ft. manufacturing facility in Peru, Illinois presently satisfies our TPA needs
for our NanoChem subsidiary. Precursor chemicals for TPA production are sourced from
various manufacturers throughout the world and we believe they are available in sufficient
quantities for any expected increase in sales. The precursor chemicals are, however,
derived from crude oil and are subject to price fluctuations related to world oil prices. </FONT></P>


<BR>
<BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-10 </FONT></P>


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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Governmental Regulations </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>HEAT$AVR&reg; and
ECOSAVR&#153;</I> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chemical
products for use in swimming pools are covered by a variety of governmental regulations in
the countries where we sell our products. These regulations cover such matters as
packaging, labeling, and product safety. We believe our products are in compliance with
such regulations. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>WATER$AVR&reg;</I> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
WATER$AVR&reg; product is subject to additional regulation in most countries, particularly
for agricultural and drinking water uses. As we continue to develop this product, and
prior to its full-scale commercial roll-out, we will address these issues on a
country-by-country basis. We do not anticipate that governmental regulations will be an
impediment to marketing our WATER$AVR&reg; product because the ingredients have
historically been used in agriculture for many years for other purposes. Nevertheless, we
will need to obtain approval to sell WATER$AVR&reg; in the United States for agricultural
or drinking water users. To date, we have already applied for and received National
Sanitation Foundation approval for drinking water in the United States. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>WATER$AVR&#151;BTI&#153;</I> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
a new pesticide formulation, WATER$AVR&#151;BTI&#153; must be approved by the United
States Environmental Protection Agency (&#147;EPA&#148;) and equivalent bodies in
countries throughout the world where we will sell the product. An application for product
approval was filed with the EPA in November 2004. It has been accepted for fast track
status and the application fee has been waived. Fast track status requires the EPA to
provide a decision within six months of accepting an application and, as such, an answer
is expected by no later than May 2005. If the product is approved by the EPA, our
subsidiary, WaterSavr, will proceed to apply for certification in any country where
significant markets are identified. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Biopolymer
Products (TPAs) </I> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the oil field and agricultural markets, NanoChem has applied for and received government
approval in all areas of current use. As new markets are accessed, we will seek additional
certification for such markets. We believe our NanoChem employees are experienced and
skilled in the successful prosecution of these certifications. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the detergent market, there are currently no regulatory requirements for use of TPAs in
detergent formulations. For personal care products such as shampoo and toothpaste, there
are various regulatory bodies, including the National Sanitation Foundation and the United
States Food and Drug Administration, that regulate TPA use. If we begin to market our TPA
products to these industries, we will need to satisfy the regulatory approval requirements
therefor. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Proprietary Rights </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
success and ability to compete is dependent, in part, upon our proprietary technology. We
rely on a combination of patent, copyright and trade secret laws and nondisclosure
agreements to protect our proprietary technology. We currently hold 56 U.S. patents and
139 International patents. We also have three U.S. patent applications pending and have
applied to extend these pending patents to certain other countries where we operate. There
can be no assurance that our pending patent applications will be granted or that any
issued patent will be upheld as valid or prevent the development of competitive products,
which may be equivalent to or superior to our products. We have not received any claims
alleging infringement of the intellectual property rights of others, but there can be no
assurance that we may not be subject to such claims in the future. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-11 </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Growth Strategy </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
primary objectives are to be a leading provider of chemical solutions for the swimming
pool and personal spa market, biopolymer additives for the oil-field and agricultural
market, biopolymer additives for the detergent and personal care product market, and
chemical solutions for the water evaporation control market, and to leverage our expertise
in these fields into new markets. Key elements of this strategy include: </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Capitalizing
on the growing markets that each of our principal products are aimed at;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Developing
new technologies to complement our core products;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Improving
existing technologies to maintain and improve our current market share;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Leveraging
our chemical manufacturing expertise to address new applications;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Acquiring
new companies and technologies;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Capitalizing
on our increasing global presence; and</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Selectively
entering new markets.</FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Our
business and operations are subject to numerous risks, some of which are described in the
&#147;Risk Factors&#148; section beginning on page <U>I-14</U> of this prospectus.</I></B>  </FONT></P>



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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Offering </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
prospectus concerns an offering of up to 1,800,000 Shares by the Selling Shareholders. We
are not offering or selling any of the Shares. We have registered this offering in
compliance with registration rights which we granted to the Selling Shareholders when we
sold the Shares to them. The Selling Shareholders are not required to sell the Shares;
sales of the Shares are entirely at the discretion of each Selling Shareholder. The Shares
consist of 900,000 Shares of common stock purchased by the Selling Shareholders in a
private transaction on April 13, 2005, together with 900,000 additional Shares of our
common stock issuable to the Selling Shareholders pursuant to warrants purchased by them
contemporaneously with their purchase of such common stock. The warrants have a 4-year
term and are exercisable at a price of $4.50 per share. Under the terms of the warrants,
the holders thereof may not exercise the warrants to the extent such exercise would cause
any such holder, together with its affiliates, to have acquired a number of Shares of
common stock that would exceed either 4.999% or 9.999% of our then outstanding common
stock, including for purposes of such determination Shares issuable upon exercise of the
warrants. The restriction that prevents such holders, together with its affiliates, from
acquiring a number of Shares that would exceed 4.999% of our then outstanding common stock
may be waived by the holder of the warrant as to itself upon not less than 61 days notice
to us. The Selling Shareholders may sell the Shares either on the open market at market
price in ordinary broker transactions or in negotiated transactions, and they may pay
broker commissions in connection with such transactions. We will not receive any of the
proceeds of sale of the Shares nor pay any broker commissions in connection with such
sales. We will pay the costs of registering the offer and sale of the Shares with the
Commission and any required state securities agencies. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-12 </FONT></P>

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     <TD WIDTH=25% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Securities Offered</B></FONT></TD>
     <TD WIDTH=75% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Selling Shareholders are offering up to 1,800,000 Shares, with 900,000 of those Shares consisting of Shares issuable pursuant to the exercise of warrants purchased by the Selling Shareholders.</FONT></TD></TR>
<TR VALIGN=top>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><B>Terms of the Offering</B></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR>We have agreed to use our best efforts to keep this registration statement effective until the earlier of (i) four years after its effective date, (ii) all the Shares of the Selling Shareholders registered under this Registration Statement have been sold or (iii) all the Shares of the Selling Shareholders registered under this Registration Statement may be sold without volume restrictions pursuant to Rule 144(k) under the Securities Act.</FONT></TD></TR>
<TR VALIGN=top>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><B>Use of Proceeds</B></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR>We will not receive any of the proceeds from any sale of the Shares offered by this prospectus by the Selling Shareholders. To the extent the Selling Shareholders exercise their warrants for cash, we intend to use the proceeds we receive from such exercise(s) for general corporate purposes.</FONT></TD></TR>
<TR VALIGN=top>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><B>Trading Symbol</B></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR>FSI</FONT></TD></TR>
</TABLE>




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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Corporate Information </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
principal executive offices are located at 615 Discovery Street, Victoria, British
Columbia, V8T 5G4, Canada. Our telephone number is (250) 477-9969. Our website is located
at <U>http://www.flexiblesolutions.com</U>. We do not intend the information found on our
website to be a part of this prospectus. </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-13 </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>RISK FACTORS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Investing
in our common stock involves a significant degree of risk. You should carefully consider
the following risk factors and all the other information contained in this prospectus or
incorporated by reference before investing in our common stock. If any of the following
risks actually occurs, our business, financial condition and results of operations could
suffer, in which case the trading price of our common stock may decline.</I> </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Risks Related to our
Business </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>We
have a limited operating history upon which to evaluate our potential for future success.</I></B> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Although
we were incorporated in 1991, we have been operating in our present form only since May
1998. To date, we have generated limited revenues from the sale of our products and do not
expect to generate significant revenues until we sell a significantly larger number of our
products. Accordingly, we have only a limited operating history upon which you can base an
evaluation of our business and prospects. The likelihood of our success must be considered
in light of the risks and uncertainties frequently encountered by middle stage companies
like ours in an evolving market. If we are unsuccessful in addressing these risks and
uncertainties, our business will be materially harmed. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>We
have incurred significant operating losses since inception and may not sustain
profitability in the future.</I></B> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
have experienced operating losses and negative cash flow from operations since our
inception and we currently have an accumulated deficit. To the extent that our revenues do
not increase, our results of operations and liquidity will be materially adversely
affected. If we experience slower than anticipated revenue growth or if our operating
expenses exceed our expectations, we may not achieve profitability. Even if we achieve
profitability in the future, we may not be able to sustain it. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Fluctuations
in our operating results may cause our stock price to decline.</I></B> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Given
the nature of the markets in which we participate, we cannot reliably predict future
revenues and profitability. Changes in competitive, market and economic conditions may
cause us to adjust our operations. A high proportion of our costs are fixed, due in part
to our sales, research and development and manufacturing costs. Thus, small declines in
revenue could disproportionately affect our operating results. Factors that may affect our
operating results and the market price of our common stock include: </FONT></P>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>demand
for and market acceptance of our products;</FONT></TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>competitive
pressures resulting in lower selling prices;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>adverse
changes in the level of economic activity in regions in which we do business;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>adverse
changes in industries, such as swimming pool construction, on which we are particularly
dependent;</FONT></TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>changes
in the portions of our revenue represented by various products and customers;</FONT></TD>
</TR>
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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>delays
or problems in the introduction of new products;</FONT></TD>
</TR>
</TABLE>
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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-14 </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>the
announcement or introduction of new products, services or technological innovations by
our competitors;</FONT></TD>
</TR>
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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>variations
in our product mix;</FONT></TD>
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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>the
timing and amount of our expenditures in anticipation of future sales;</FONT></TD>
</TR>
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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>increased
costs of raw materials or supplies; and</FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>changes
in the volume or timing of product orders.</FONT></TD>
</TR>
</TABLE>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>We
have not paid, and do not expect to pay, dividends on our common stock.</I></B> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
have not paid any dividends on our common stock since our inception and do not intend to
pay any dividends to our common shareholders in the foreseeable future. We intend to
reinvest any earnings in the development and expansion of our business. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Our
operations are subject to seasonal fluctuation.</B> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
use of our swimming pool products increases in summer months in most markets and results
in our sales from January to June being greater than in July through December. Markets for
our WATER$AVR&reg; product are also seasonal, dependent on the wet versus dry seasons in
particular countries. We attempt to sell into a variety of countries with different
seasons on both sides of the equator in order to minimize seasonality. Our TPA business is
the least seasonal, however there is a small increase in the spring related to inventory
building for the crop season in the United States and a small slowdown in December as
oilfield customers run down stock in advance of year end, but otherwise, little seasonal
variation. We believe we are able to adequately respond to these seasonal fluctuations by
reducing or increasing production as needed. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Interruptions
in our ability to purchase raw materials and components may adversely affect our
profitability.</I></B> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
purchase certain raw materials and components from third parties pursuant to purchase
orders placed from time to time. Because we do not have guaranteed long-term supply
arrangements with our suppliers, any material interruption in our ability to purchase
necessary raw materials or components could have a material adverse effect on our
business, financial condition and results of operations. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Our
WATER$AVR&reg; product has not proven to be a revenue producing product and we may never
recoup the cost associated with its  development.</I></B>  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
marketing efforts of our WATER$AVR&reg; product may result in continued losses. We
introduced our WATER$AVR&reg; product in June 2002 and, to date, we have delivered
quantities for testing by potential customers, but only one customer has ordered the
product for commercial use. This product can achieve success only if it is ordered in
substantial quantities by commercial customers who have determined that the water saving
benefits of the product exceed the costs of purchase and deployment of the product. We can
offer no assurance that we will receive sufficient orders of this product to achieve
profits or cover the additional expenses incurred to manufacture and market this product.
We expect to spend $400,000 on the marketing and production of our WATER$AVR&reg; product
in fiscal 2005. </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-15 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>If
we do not introduce new products in a timely manner, our products could become obsolete
and our operating results would  suffer. </I></B> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Without
the timely introduction of new products and enhancements, our products could become
obsolete over time, in which case our revenue and operating results would suffer. The
success of our new product offerings will depend upon several factors, including our
ability to: </FONT></P>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>accurately
anticipate customer needs;</FONT></TD>
</TR>
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<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>innovate
and develop new products and applications;</FONT></TD>
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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>successfully
commercialize new products in a timely manner;</FONT></TD>
</TR>
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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>price
our products competitively and manufacture and deliver our products in sufficient volumes
and on time; and</FONT></TD>
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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>differentiate
our products from our competitors&#146; products.</FONT></TD>
</TR>
</TABLE>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
developing any new product, we may be required to make a substantial investment before we
can determine the commercial viability of the new product. If we fail to accurately
foresee our customers&#146; needs and future activities, we may invest heavily in research
and development of products that do not lead to significant revenues. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>We
are dependent upon certain customers.</I></B> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Among
our current customers, we have identified six that are sizable enough that the loss of any
one would be significant. Any such loss of one or more of these customers could result in
a substantial reduction in our revenues. For this reason, we concentrate on maintaining
good sales relations with these customers. We also try and minimize this risk by seeking
out new customers. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Our
acquisition activities could disrupt our ongoing business.</I></B> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
June 2004, our subsidiary, NanoChem, completed the acquisition of Donlar Corporation,
which provided us with domestic and international patents relating to environmental
products and technologies, as well as a 56,780 square foot manufacturing plant on 40 acres
of property in an area outside of Chicago, Illinois. Acquisitions such as these often
involve risks, including: (i) disruption of our ongoing business; and (ii) an inability to
successfully integrate the acquired technologies and operations into our businesses and
maintain uniform standards, controls, policies and procedures. In addition, in order to
finance future acquisitions, we may have to raise additional funds, through either public
or private financings. We may be unable to obtain such funds or may be able to do so only
on unfavorable terms. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Economic,
political, and other risks associated with international sales and operations could
adversely affect our sales.</I></B> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
fiscal year 2004, revenues from shipments made outside of the United States accounted for
approximately 65% of our revenues, 10% in fiscal year 2003 and 10% in fiscal year 2002.
Since we sell our products worldwide, our business is subject to risks associated with
doing business internationally. We anticipate that revenues from international operations
will continue to represent a sizable portion of our total revenue. Accordingly, our future
results could be harmed by a variety of factors, including: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>changes
in foreign currency exchange rates;</FONT></TD>
</TR>
</TABLE>
<BR>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-16 </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>changes
in a country's or region's political or economic conditions, particularly in developing
or emerging markets;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>longer
payment cycles of foreign customers and difficulty of collecting receivables in foreign
jurisdictions;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>trade
protection measures and import or export licensing requirements;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>differing
tax laws and changes in those laws;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>difficulty
in staffing and managing widespread operations;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>differing
protection of intellectual property and changes in that protection; and</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>differing
regulatory requirements and changes in those requirements.</FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>We
are subject to credit risk.</I></B> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;While
we are no longer subject to the concentrated credit risk that we were previously subject
to because of our relationship with Sunsolar Technologies, it is still a foreseeable risk
that our exposure to bad debts will increase as we shift to servicing a larger number of
customers in the swimming pool and personal spa, water evaporation, and TPA industries. We
currently allow our major customers between 30 and 45 days to pay for each shipment of
product we make to them. This practice, while customary, represents risk that we would be
subject to substantial write-offs of our accounts receivable if one or more of these
customers defaulted on their payment obligations to us. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Our
products can be hazardous if not handled, stored and used properly.</I></B> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Some
of our products are flammable and must be stored properly to avoid fire risk.
Additionally, some of our products may cause irritation to a person&#146;s eyes if they
are exposed to the concentrated product. Although we label our products to warn of such
risks, our sales could be reduced if our products were to be viewed as being dangerous to
use or if they are implicated in causing personal injury or property damage. We are not
currently aware of any circumstances in which our products have caused harm or property
damage to consumers. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Our
failure to comply with environmental regulations may create significant environmental
liabilities and force us to modify our manufacturing processes.</I></B>  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
are subject to various federal, state and local environmental laws, ordinances and
regulations relating to the use, storage, handling and disposal of certain of our chemical
substances. Under such laws, we may become liable for the costs of removal or remediation
of these substances that have been used by our consumers or in our operations. Such laws
may impose liability without regard to whether we knew of, or caused, the release of such
substances. Any failure by us to comply with present or future regulations could subject
us to the imposition of substantial fines, suspension of production, alteration of
manufacturing processes, or cessation of operations, any of which could have a material
adverse effect on our business, financial condition, and results of operations. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Our
failure to protect our intellectual property could impair our competitive position.</I></B> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;While
we own certain patents and trademarks, some aspects of our business cannot be protected by
patents or trademarks. Accordingly, in these areas there are few legal barriers that
prevent potential competitors from copying certain of our products, processes and
technologies or from otherwise entering into operations in direct competition with us. In
particular, we have been informed that our former exclusive agent for the sale of our
products, Sunsolar, is now competing with us in the swimming pool and personal spa
markets. As a former distributor, they were given access to many of our sales, marketing
and manufacturing techniques. Accordingly, we are doing all that we can to ensure our
proprietary products and technologies are not used by them (or others) without our
permission. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-17 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Our
products may infringe on the intellectual property rights of others, and resulting claims
against us could be costly and prevent us from making or selling certain products.</I></B>  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Third
parties may seek to claim that our products and operations infringe their patent or other
intellectual property rights. We may incur significant expense in any legal proceedings to
protect our proprietary rights or to defend infringement claims by third parties. In
addition, claims of third parties against us could result in awards of substantial damages
or court orders that could effectively prevent us from making, using or selling our
products in the U.S. or abroad. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>A
claim for damages could materially and adversely affect our financial condition and
results of operations.</I></B> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
business exposes us to potential product liability risks, particularly with respect to our
consumer swimming pool and personal spa products. There are many factors beyond our
control that could lead to liability claims, including the failure of our products to work
properly and the chance that consumers will use our products incorrectly or for purposes
for which they were not intended. There can be no assurance that the amount of product
liability insurance that we carry will be sufficient to protect us from product liability
claims. A product liability claim in excess of the amount of insurance we carry could have
a material adverse effect on our business, financial condition and results of operations. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Our
ongoing success is dependent upon the continued availability of certain key employees.</I></B> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
business would be adversely affected if the executive services of Daniel B. O&#146;Brien
ceased to be available to us because we currently do not have any other employee with an
equivalent level of expertise in and knowledge of our industry. If Mr. O&#146;Brien no
longer served as our President and Chief Executive Officer, we would have to recruit one
or more new executives, with no real assurance that we would be able to engage a
replacement executive with the required skills on satisfactory terms. The market for
skilled employees is highly competitive, especially for employees in the fields in which
we operate. While our compensation programs are intended to attract and retain the
employees required for it to be successful, there can be no assurance that we will be able
to retain the services of all of our key employees or a sufficient number to execute on
our plans, nor can there be any assurances that we will be able to continue to attract new
employees as required. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Raising
additional capital or consummation of additional acquisitions through the issuance of
equity could dilute your ownership interest in us.</I></B>  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;It
is likely that we will need to obtain additional funds in the future to grow our product
development, manufacturing, marketing and sales activities at the pace that we intend, to
continue to fund operating losses until our cash flow turns positive, or to fund
acquisitions. If we determine that we do need to raise additional capital in the future
and we are not successful in doing so, we might have to significantly scale back or delay
our growth plans, reduce staff and delay planned expenditures on research and development
and capital expenditures in order to continue as a going concern. Any reduction or delay
in our growth plans could materially adversely affect our ability to compete in the
marketplace, take advantage of business opportunities and develop or enhance our products. </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-18 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
we receive additional funds through the issuance of equity securities or convertible debt
securities, our existing shareholders will likely experience dilution of their present
equity ownership position and voting rights. Depending on the number of shares issued and
the terms and conditions of the issuance, new equity securities could have rights,
preferences, or privileges senior to those of our common stock. The need to raise
additional capital will most likely be dilutive to our current shareholders and could
result in new investors receiving rights that are superior to those of existing
shareholders. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Risks Related to our
Capital Structure and this Offering </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Our
Articles of Incorporation contain provisions that could discourage a takeover.</I></B> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
Articles of Incorporation authorize our Board of Directors to issue up to 1,000,000 shares
of preferred stock in one or more series, to fix the rights, preferences, privileges and
restrictions granted to or imposed upon any wholly unissued shares of preferred stock, to
fix the number of shares constituting any such series, and to fix the designation of any
such series, without further vote or action by shareholders. The terms of any series of
preferred stock, which may include priority claims to assets and dividends and special
voting rights, could adversely affect the rights of the holders of our common stock and
thereby reduce the value of our common stock. The issuance of preferred stock, coupled
with the concentration of ownership in the directors and executive officers, could
discourage certain types of transactions involving an actual or potential change in
control of our company, including transactions in which the holders of common stock might
otherwise receive a premium for their shares over then current prices, otherwise dilute
the rights of holders of common stock, and may limit the ability of such shareholders to
cause or approve transactions which they may deem to be in their best interests, all of
which could have a material adverse effect on the market price of our common stock. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Our
Articles of Incorporation limit the liability of our directors, which may limit the
remedies we or our shareholders have  available.</I></B>  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
Articles of Incorporation provide that, pursuant to the Nevada Revised Statutes, the
liability of our directors for monetary damages shall be eliminated to the fullest extent
permissible under Nevada law. This is intended to eliminate the personal liability of a
director for monetary damages in an action brought by us, or in our right, for breach of a
director&#146;s duties to us or our shareholders and may limit the remedies available to
us or our shareholders. This provision does not eliminate the directors&#146; fiduciary
duty and does not apply to liabilities for: (i) acts or omissions that involve intentional
misconduct or a knowing and culpable violation of law; (ii) acts or omissions that a
director believes to be contrary to the best interests of our company or our shareholders
or that involve the absence of good faith on the part of the director; (iii) any
transaction from which a director derived an improper personal benefit; (iv) acts or
omissions that show a reckless disregard for the director&#146;s duty to us or our
shareholders in circumstances in which the director was aware, or should have been aware,
in the ordinary course of performing a director&#146;s duties, of a risk of serious injury
to us or our shareholders; (v) acts or omissions that constitute an unexcused pattern of
inattention that amounts to an abdication of the director&#146;s duty to us or our
shareholders; and (vi) certain transactions or the approval of transactions in which a
director has a material financial interest. </FONT></P>

<BR>
<BR>



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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-19 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Due
to the current market price of our common stock, in conjunction with the fact that we are
a relatively small company with a history of operating losses, the future trading market
for our stock may not be active on a consistent basis, which may make it difficult for you
to sell your Shares.</I></B>  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
trading volume of our stock in the future will depend in part on our ability to increase
our revenue and reduce or eliminate our operating losses, which should increase the
attractiveness of our stock as an investment, thereby leading to a more liquid market for
our stock on a consistent basis. If an active and liquid trading market does not exist for
our common stock, you may have difficulty selling your Shares. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Due
to the concentration of holdings of our stock, two investors may be able to control
matters requiring shareholder approval or could cause our stock price to decline through
future sales because they beneficially own a large percentage of our common stock.</I></B>  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There
are 12,733,916 shares of our common stock outstanding as of May 2, 2005, of which Daniel
B. O&#146;Brien beneficially owns approximately 41% and Dr. Robert O&#146;Brien
beneficially owns approximately 16% (each of the aforementioned percentages includes stock
options and warrants that are currently exercisable). As a result of their significant
ownership, Mr. O&#146;Brien and Dr. O&#146;Brien may have the ability to exercise a
controlling influence over our business and corporate actions requiring shareholder
approval, including the election of our directors, a sale of substantially all of our
assets, a merger between us and another entity or an amendment to our Articles of
Incorporation. This concentration of ownership could delay, defer or prevent a change of
control and could adversely affect the price investors might be willing to pay in the
future for shares of our common stock. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A
significant percentage of the outstanding shares of our common stock, including the shares
beneficially owned by Mr. O&#146;Brien and Dr. O&#146;Brien, can be sold in the public
market from time to time, subject to limitations imposed by Federal securities laws. The
market price of our common stock could decline as a result of sales of a large number of
our presently outstanding shares of common stock by Mr. O&#146;Brien and Dr. O&#146;Brien
or other shareholders in the public market or due to the perception that these sales could
occur. This could also make it more difficult for us to raise funds through future
offerings of our equity securities. </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>USE OF PROCEEDS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Selling Shareholders are selling the Shares and will receive all of the proceeds from any
sales. We will not receive any sales proceeds; except that, to the extent the Selling
Shareholders exercise their warrants for cash, we intend to use the proceeds we receive
from such exercise(s) for general corporate purposes. </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SELLING SHAREHOLDERS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
of the Shares being offered in this prospectus are being offered by the Selling
Shareholders listed below. We have registered this offering because of registration rights
we granted to the Selling Shareholders when we sold the Shares to them. The Selling
Shareholders are not required to sell all or any of the Shares. The Shares consist of
900,000 Shares purchased by the Selling Shareholders in a private placement on April 13,
2005, together with 900,000 additional Shares issuable to the Selling Shareholders
pursuant to warrants purchased by them contemporaneously with the purchase of the Shares.
The warrants have a 4-year term and are exercisable at a price of $4.50 per share. Under
the terms of the warrants, the holders thereof may not exercise the warrants to the extent
such exercise would cause any such holder, together with its affiliates, to have acquired
a number of Shares that would exceed either 4.999% or 9.999% of our then outstanding
common stock, including for purposes of such determination Shares issuable upon exercise
of the warrants. The restriction that prevents such holders, together with its affiliates,
from acquiring a number of Shares that would exceed 4.999% of our then outstanding common
stock may be waived by the holder of the warrant as to itself upon not less than 61 days
notice to us. Other than as disclosed herein, no Selling Shareholder has had any position,
office or other material relationship with us during the past three years. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-20 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
table below lists the Selling Shareholders and other information regarding the beneficial
ownership of the common stock held by each of the Selling Shareholders. The column titled
&#147;Ownership Prior to Offering&#148; lists, for each Selling Shareholder, the number of
shares of common stock held by such shareholder including Shares issuable (pursuant to
warrants) to such shareholder. The column titled &#147;Shares Being Offered&#148; lists
the Shares of common stock (including shares issued or issuable upon exercise of warrants)
being offered by this prospectus by each Selling Shareholder. The column titled
&#147;Ownership After Offering&#148; assumes the sale of all of the Shares offered by each
Selling Shareholder, although each Selling Shareholder may sell all, some or none of his
or its Shares in this offering. </FONT></P>





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<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TH>
     <TH COLSPAN=2><FONT FACE="Times New Roman, Times, Serif" SIZE=2>OWNERSHIP<BR>
PRIOR TO OFFERING <SUP>(1)</SUP></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SHARES<BR>
BEING OFFERED <SUP>(2)</SUP></FONT></TH>
     <TH COLSPAN=2><FONT FACE="Times New Roman, Times, Serif" SIZE=2>OWNERSHIP<BR>
AFTER OFFERING</FONT></TH></TR>
<TR VALIGN=Bottom>
     <TH ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Selling Shareholder*</FONT><HR WIDTH=40% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Shares</FONT><HR WIDTH=40% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>%</FONT><HR WIDTH=40% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Shares</FONT><HR WIDTH=40% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>%</FONT><HR WIDTH=40% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#CCCCCC">
     <TD WIDTH="44%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SF Capital Partners, Ltd. <SUP>(3)</SUP></FONT></TD>
     <TD WIDTH="12%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;800,000</FONT></TD>
     <TD WIDTH="6%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;4.99%</FONT></TD>
     <TD WIDTH="5%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2><SUP>(4)</SUP></FONT></TD>
     <TD WIDTH="15%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;800,000</FONT></TD>
     <TD WIDTH="12%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>-0-</FONT></TD>
     <TD WIDTH="6%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>**</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Catalina Capital <SUP>(5)</SUP></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;280,000</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;2.20%</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;280,000</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>-0-</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>**</FONT></TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#CCCCCC">
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>HSBC Guyerzeller <SUP>(6)</SUP></FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;200,000</FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;1.57%</FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;200,000</FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>-0-</FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>**</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Perritt Emerging Opportunities Fund <SUP>(7)</SUP></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;200,000</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;1.57%</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;200,000</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>-0-</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>**</FONT></TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#CCCCCC">
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Nite Capital, L.P. <SUP>(8)</SUP></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;140,000</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;1.10%</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;140,000</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>-0-</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>**</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Bluegrass Growth Fund, L.P. <SUP>(9)</SUP></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68,000</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;0.53%</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68,000</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>-0-</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>**</FONT></TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#CCCCCC">
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Bluegrass Growth Fund, Ltd. <SUP>(10)</SUP></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68,000</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;0.53%</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68,000</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>-0-</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>**</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Alexander Klinkman <SUP>(11)</SUP></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44,000</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;0.35%</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44,000</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>-0-</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>**</FONT></TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#CCCCCC">
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Total</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1,800,000</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>12.84%</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><SUP>(12)</SUP></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1,800,000</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>-0-</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>**</FONT></TD></TR>
</TABLE>
<BR>

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<HR SIZE=1 NOSHADE WIDTH=15% COLOR=BLACK ALIGN=LEFT>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>*  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>The
percentage of ownership for each holder is calculated based on 12,733,916 Shares
outstanding on May 2, 2005. Beneficial ownership is determined in accordance with Rule
13d-3 of the Exchange Act and generally includes Shares over which the holder has voting
or investment power, subject to community property laws. All Shares obtainable upon
conversion of securities or exercise of stock options or warrants (including those that
are not currently exercisable but will become exercisable within 60 days hereafter) are
considered to be beneficially owned by the person holding the options or warrants for
computing that person&#146;s percentage, but are not treated as outstanding for computing
the percentage of any other person. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>**  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Less
than 1%. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(1)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Includes
Shares covered by this prospectus. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(2)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Assumes
the completion of this offering and that the Selling Shareholders
                    dispose of all of their Shares covered by this prospectus, that they
do not                     dispose of any securities owned by them, but not covered by
this prospectus, and                     that they do not acquire any additional
securities. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(3)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Includes
400,000 Shares purchased in a private placement on April 13, 2005, and
                    400,000 Shares issuable upon the exercise of warrants granted to SF
Capital                     Partners, Ltd. (&#147;SF Capital&#148;) on April 13, 2005.
Michael A. Roth and                     Brian J. Stark possess voting and dispositive
power over all of the Shares held                     by SF Capital. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(4)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>The
warrants to purchase 400,000 Shares are exercisable only to the extent that
                    the number of Shares issuable upon exercise of the warrants, together
with all                     other Shares then-owned by SF Capital (but not including
Shares underlying                     unexercised portions of the warrants) would not
exceed 4.999% of the                     then-outstanding common stock as determined in
accordance with Section 13(d) of                     the Exchange Act. Accordingly, the
number of Shares shown as beneficially owned                     by SF Capital prior to
this offering is limited to 4.999% of the                     then-outstanding Shares. In
the absence of ownership limitations, SF Capital                     would beneficially
own 6.28% of our then-outstanding common stock as determined                     in
accordance with Section 13(d) of the Exchange Act. </FONT></TD>
</TR>
</TABLE>
<BR>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-21 </FONT></P>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(5)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Includes
140,000 Shares purchased in a private placement on April 13, 2005, and
                    140,000 Shares issuable upon the exercise of warrants granted on
April 13, 2005.                     Mike Baum is the President of Catalina Capital (&#147;Catalina&#148;)
and                     consequently has voting control and investment discretion over
the Shares held                     by Catalina. Mr. Baum disclaims beneficial ownership
of the Shares held by                     Catalina. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(6)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Includes
100,000 Shares purchased in a private placement on April 13, 2005, and
                    100,000 Shares issuable upon the exercise of warrants granted on
April 13, 2005.                     David Garndo is the signing officer of HSBC
Guyerzeller (&#147;HSBC&#148;) and                     consequently has voting control
and investment discretion over the Shares held                     by HSBC. Mr. Garndo
disclaims beneficial ownership of the Shares held by HSBC. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(7)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Includes
100,000 Shares purchased in a private placement on April 13, 2005, and
                    100,000 Shares issuable upon the exercise of warrants granted on
April 13, 2005.                     Michael Corbett is the President of Perritt Emerging
Opportunities Fund                     (&#147;Perritt&#148;) and consequently has voting
control and investment                     discretion over the Shares held by Perritt.
Mr. Corbett disclaims beneficial                     ownership of the Shares held by
Perritt. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(8)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Includes
70,000 Shares purchased in a private placement on April 13, 2005, and
                    70,000 Shares issuable upon the exercise of warrants granted on April
13, 2005.                     Keith Goodman is the Manager of the General Partner of Nite
Capital, L.P.                     (&#147;Nite Capital&#148;) and consequently has voting
control and investment                     discretion over the Shares held by Nite
Capital. Mr. Goodman disclaims                     beneficial ownership of the Shares
held by Nite Capital. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(9)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Includes
34,000 Shares purchased in a private placement on April 13, 2005, and
                    34,000 Shares issuable upon the exercise of warrants granted on April
13, 2005.                     Deborah Solomon is the Managing Member of Bluegrass Growth
Fund Partners LLC                     (&#147;Bluegrass LLC&#148;), which manages
Bluegrass Growth Fund, L.P.                     (&#147;Bluegrass LP&#148;), and
consequently has voting control and investment                     discretion over the
Shares held by Bluegrass LP. Both Bluegrass LLC and Ms.                     Solomon
disclaim beneficial ownership of the Shares held by Bluegrass LP. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(10)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Includes
34,000 Shares purchased in a private placement on April 13, 2005, and
                    34,000 Shares issuable upon the exercise of warrants granted on April
13, 2005.                     Deborah Solomon is the Managing Member of Bluegrass LLC,
which manages Bluegrass                     Growth Fund, Ltd. (&#147;Bluegrass Ltd.&#148;),
and consequently has voting                     control and investment discretion over
the Shares held by Bluegrass Ltd. Both                     Bluegrass LLC and Ms. Solomon
disclaim beneficial ownership of the Shares held                     by Bluegrass Ltd. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(11)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Includes
22,000 Shares purchased in a private placement on April 13, 2005, and
                    22,000 Shares issuable upon the exercise of warrants granted on April
13, 2005. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(12)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Pursuant
to the terms of the warrants, the number of Shares shown as
                    beneficially owned by each Selling Shareholder prior to this offering is
limited to                     no greater than 4.999% per Selling Shareholder of the
then-outstanding Shares.                     In the absence of ownership limitations, the
Selling Shareholders would                     beneficially own, in the aggregate, 14.14%
of our then-outstanding common stock                     as determined in accordance with
Section 13(d) of the Exchange Act. </FONT></TD>
</TR>
</TABLE>
<BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PLAN OF DISTRIBUTION </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Selling Shareholders and any of their pledgees, donees, transferees, assignees and
successors-in-interest may, from time to time, sell any or all of their Shares on any
stock exchange, market or trading facility on which the Shares are traded or in private
transactions. These sales may be at fixed or negotiated prices. The Selling Shareholders
may use any one or more of the following methods when selling Shares: </FONT></P>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ordinary
brokerage transactions and transactions in which the broker-dealer solicits investors;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>block
trades in which the broker-dealer will attempt to sell the Shares as agent, but may
position and resell a portion of the block as principal to facilitate the transaction; </FONT></TD>
</TR>
</TABLE>
<BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-22 </FONT></P>


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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>purchases
by a broker-dealer as principal and resale by the broker-dealer for its account;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>an
exchange distribution in accordance with the rules of the applicable exchange;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>privately
negotiated transactions;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>to
cover short sales made after the date that this Registration Statement is declared
effective by the Commission;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>broker-dealers
may agree with the Selling Shareholders to sell a specified number of such Shares at a
stipulated price per               Share;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>a
combination of any such methods of sale; and</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>any
other method permitted pursuant to applicable law.</FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Selling Shareholders may also sell shares under Rule 144 under the Securities Act, if
available, rather than under this prospectus. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broker-dealers
engaged by the Selling Shareholders may arrange for other broker-dealers to participate in
sales. Broker-dealers may receive commissions or discounts from the Selling Shareholders
(or, if any broker-dealer acts as an agent for the purchaser of Shares, from the
purchaser) in amounts to be negotiated. The Selling Shareholders do not expect these
commissions and discounts to exceed what is customary in the types of transactions
involved. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Selling Shareholders may from time to time pledge or grant a security interest in some or
all of the Shares owned by them and, if they default in the performance of their secured
obligations, the pledgees or secured parties may offer and sell Shares from time to time
under this prospectus, or under an amendment to this prospectus under Rule 424(b)(3) or
other applicable provision of the Securities Act amending the list of Selling Shareholders
to include the pledgee, transferee or other successors in interest as Selling Shareholders
under this prospectus. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon
being notified in writing by a Selling Shareholder that any material arrangement has been
entered into with a broker-dealer for the sale of common stock through a block trade,
special offering, exchange distribution or secondary distribution or a purchase by a
broker or dealer, a supplement to this prospectus will be filed by us, if required,
pursuant to Rule 424(b) under the Securities Act, disclosing (i) the name of each such
Selling Shareholder and of the participating broker-dealer(s), (ii) the number of Shares
involved, (iii) the price at which such Shares were sold, (iv) the commissions paid or
discounts or concessions allowed to such broker-dealer(s), where applicable, (v) that such
broker-dealer(s) did not conduct any investigation to verify the information set out or
incorporated by reference in this prospectus, and (vi) other facts material to the
transaction. In addition, being notified in writing by a Selling Shareholder that a donee
or pledgee intends to sell more than 500 Shares, a supplement to this prospectus will be
filed by us if then required in accordance with applicable securities laws. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Selling Shareholders may also transfer the Shares in other circumstances, in which case
the transferees, pledgees or other successors in interest will be the selling beneficial
owners for purposes of this prospectus. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Selling Shareholders and any broker-dealers or agents that are involved in selling the
Shares may be deemed to be &#147;underwriters&#148; within the meaning of the Securities
Act in connection with such sales. In such event, any commissions received by such
broker-dealers or agents and any profit on the resale of the Shares purchased by them may
be deemed to be underwriting commissions or discounts under the Securities Act. Discounts,
concessions, commissions and similar selling expenses, if any, that can be attributed to
the sale of securities will be paid by the applicable Selling Shareholder and/or the
purchasers. Each Selling Shareholder has represented and warranted to us that it acquired
the securities subject to this Registration Statement in the ordinary course of such
Selling Shareholder&#146;s business and, at the time of its purchase of such securities
such Selling Shareholder had no agreements or understandings, directly or indirectly, with
any person to distribute any such securities. </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-23 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
have advised each Selling Shareholder that it may not use Shares registered pursuant to
this Registration Statement to cover short sales of Shares made prior to the date on which
this Registration Statement shall have been declared effective by the Commission. If a
Selling Shareholder uses this prospectus for any sale of the Shares, it will be subject to
the prospectus delivery requirements of the Securities Act. The Selling Shareholders will
be responsible to comply with the applicable provisions of the Securities Act and the
Exchange Act, and the rules and regulations promulgated thereunder, including, without
limitation, Regulation M, as applicable to such Selling Shareholders in connection with
resales of their respective Shares under this Registration Statement. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
are required to pay all fees and expenses incident to the registration of the Shares, but
we will not receive any proceeds from the sale of the Shares. We have agreed to indemnify
the Selling Shareholders against certain losses, claims, damages and liabilities,
including liabilities under the Securities Act. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>VALIDITY OF COMMON
STOCK </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
law firm of Foley &amp; Lardner LLP, of San Francisco, California, will pass on the
validity of the Shares of common stock that may be offered by this prospectus. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXPERTS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
consolidated financial statements incorporated by reference in this prospectus and in the
Registration Statement have been audited by Cinnamon Jang Willoughby &amp; Company, an
independent registered public accounting firm, to the extent and for the period stated in
their report, which is incorporated herein by reference and in the Registration Statement,
and have been so incorporated in reliance upon the report of such firm given upon their
authority as experts in auditing and accounting. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>INDEMNIFICATION </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
Articles of Incorporation allow us to indemnify our officers and directors to the maximum
extent allowed under the laws of the State of Nevada. This includes indemnification for
liabilities which could arise under the Securities Act. Insofar as indemnification for
liabilities arising under the Securities Act may be permitted to our directors, officers
and controlling persons pursuant to the foregoing provisions, or otherwise, we have been
advised that in the opinion of the Commission such indemnification is against public
policy as expressed in the Securities Act and is, therefore, unenforceable. </FONT></P>


<BR>
<BR>
<BR>
<BR>

<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I-24 </FONT></P>

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     <HR ALIGN=LEFT WIDTH=100% SIZE=1 color=black NOSHADE>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
dealer, salesperson or other person has been authorized to give any information or to make
any representations not contained in this prospectus in connection with the offering
covered by this prospectus. If given or made, such information or representations must not
be relied upon as having been authorized by Flexible Solutions, a Selling Shareholder, or
any underwriter. This prospectus does not constitute an offer to sell, or a solicitation
of any offer to buy, common stock in any jurisdiction to any person to whom it is unlawful
to make such an offer or solicitation in such jurisdiction. Neither the delivery of this
prospectus nor any sale made under this prospectus shall under any circumstances create
any implication that the information contained in this prospectus is correct as of any
time after the date of the prospectus or that there has been no change in the affairs of
Flexible Solutions after the date of this prospectus. </FONT></P>

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     <HR ALIGN=LEFT WIDTH=100% SIZE=1 color=black  NOSHADE>

<BR>
<BR>
<BR>


<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1,800,000 SHARES </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>FLEXIBLE SOLUTIONS
INTERNATIONAL, INC. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>COMMON STOCK </FONT></H1>

<!-- MARKER FORMAT-SHEET="Footnote Rule-TNR" FSL="Project" -->
<HR SIZE=1 NOSHADE WIDTH=15% color=black ALIGN=center>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PROSPECTUS </FONT></H1>

<!-- MARKER FORMAT-SHEET="Footnote Rule-TNR" FSL="Project" -->
<HR SIZE=1 NOSHADE WIDTH=15% color=black ALIGN=center>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>_____________, 2005  </FONT></H1>


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<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PART II </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 14. Other Expenses
of Issuance and Distribution. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following table sets forth an itemized estimate of fees and expenses, other than
underwriting fees and expenses, payable by us in connection with the offering described in
this Registration Statement: </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=40% align=center>
<TR VALIGN="BOTTOM" BGCOLOR="#CCCCCC">
     <TD WIDTH="79%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SEC Registration Fee</FONT></TD>
     <TD WIDTH="21%" ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$831.55&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>AMEX Additional Listing Fee</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$36,000.00&nbsp;</FONT></TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#CCCCCC">
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Counsel Fees and Expenses</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$20,000.00&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Accounting Fees and Expenses</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$1,000.00&nbsp;</FONT></TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#CCCCCC">
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Transfer Agent and Registrar Fees</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$1,500.00&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Miscellaneous</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$1,000.00&nbsp;</FONT></TD></TR>
<TR>
     <TD></TD>
     <TD ALIGN=RIGHT><HR NOSHADE COLOR=#000000 SIZE=1></TD></TR>
<TR VALIGN="BOTTOM" BGCOLOR="#CCCCCC">
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Total</B></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>$60,331.55</B>&nbsp;</FONT></TD></TR>
</TABLE>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
of the above expenses will be paid by the registrant. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 15. Indemnification
of Directors and Officers. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subsection
1 of Section 78.7502 of the Nevada Revised Statutes (the &#147;Nevada Law&#148;) empowers
a corporation to indemnify any person who was or is a party or is threatened to be made a
party to any threatened, pending or completed action, suit, or proceeding, whether civil,
criminal, administrative or investigative (other than an action by or in the right of the
corporation) by reason of the fact that he is or was a director, officer, employee or
agent of the corporation, or is or was serving at the request of the corporation as a
director, officer, employee or agent of another corporation, partnership, joint venture,
trust or other enterprise, against expenses (including attorneys&#146; fees), judgments,
fines and amounts paid in settlement actually and reasonably incurred by him in connection
with such action, suit or proceeding if he is not liable pursuant to Section 78.138 of
Nevada Law or if he acted in good faith and in a manner he reasonably believed to be in or
not opposed to the best interests of the corporation, and, with respect to any criminal
action or proceeding, had no reasonable cause to believe his conduct was unlawful. Section
78.138 of Nevada Law provides that, with certain exceptions, a director or officer is not
individually liable to the corporation or its shareholders for any damages as a result of
any act or failure to act in his capacity as a director or officer unless it is proven
that (i) his act or failure to act constituted a breach of his fiduciary duties as a
director or officer, and (ii) his breach of those duties involved intentional misconduct,
fraud or a knowing violation of law. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subsection
2 of Section 78.7502 of Nevada Law empowers a corporation to indemnify any person who was
or is a party or is threatened to be made a party to any threatened, pending or completed
action or suit by or in the right of the corporation to procure a judgment in its favor by
reason of the fact that such person acted in any of the capacities set forth above against
expenses, including amounts paid in settlement and attorneys&#146; fees actually and
reasonably incurred by him in connection with the defense or settlement of such action or
suit if he acted in accordance with the standards set forth above, except that no
indemnification may be made in respect of any claim, issue or matter as to which such
person shall have been adjudged by a court of competent jurisdiction, after exhaustion of
all appeals therefrom, to be liable to the corporation or for amounts paid in settlement
to the corporation, unless and only to the extent that the court in which such action or
suit was brought or other court of competent jurisdiction determines that, in view of all
the circumstances of the case, such person is fairly and reasonably entitled to indemnity
for such expenses as the court deems proper. </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>II-1 </FONT></P>

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<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
78.7502 of Nevada Law further provides that to the extent a director or officer of a
corporation has been successful in the defense of any action, suit or proceeding referred
to in subsections (1) and (2) of Section 78.7502 of Nevada Law, or in the defense of any
claim, issue or matter therein, the corporation shall indemnify him against expenses
(including attorneys&#146; fees) actually and reasonably incurred by him in connection
with the defense or settlement of the action or suit. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
78.751 of Nevada Law provides that the articles of incorporation, the bylaws or an
agreement made by the corporation may provide that the expenses of officers and directors
incurred in defending a civil or criminal action, suit or proceeding must be paid by the
corporation as they are incurred and in advance of the final disposition of the action,
suit or proceeding, upon receipt of an undertaking by or on behalf of the director or
officer to repay the amount if it is ultimately determined by a court of competent
jurisdiction that he is not entitled to be indemnified by the corporation. Our Articles of
Incorporation and Bylaws require us to make such payment of expenses in advance upon
receipt of such an undertaking. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
78.751 of Nevada Law requires a corporation to obtain a determination that any
discretionary indemnification is proper under the circumstances. Such a determination must
be made by the corporation&#146;s shareholders; its board of directors by majority vote of
a quorum consisting of directors who were not parties to the action, suit or proceeding;
or under certain circumstances by independent legal counsel. Section 78.751 also provides
that the indemnification provided for by Section 78.7502 of Nevada Law and the advancement
of expenses authorized pursuant to Section 78.751 of Nevada Law shall not be deemed
exclusive or exclude any other rights to which the indemnified party may be entitled
except that indemnification ordered by a court pursuant to Section 78.7502 of Nevada Law
may not be made on or behalf of any officer or director if a final adjudication
establishes that his acts or omissions involved intentional misconduct, fraud or a knowing
violation of the law and was material to the cause of action for which indemnification is
sought. The scope of indemnification under the statute shall continue as to directors,
officers, employees or agents who have ceased to hold such positions, and to the benefit
of their heirs, executors and administrators. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
78.752 of Nevada Law empowers a corporation to purchase and maintain insurance or make
other financial arrangements on behalf of any person who is or was a director, officer,
employee or agent of the corporation or was serving at the request of the corporation as a
director, officer, employee or agent of another corporation, partnership, joint venture,
trust or other enterprise, against any liability asserted against him or incurred by him
in any such capacity or arising out of his status as such whether or not the corporation
would have the power to indemnify him against such liabilities and expenses. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
78.138(7) of Nevada Law provides that, with certain exceptions, a director or officer is
not individually liable to the corporation or its shareholders for any damages as a result
of any act or failure to act in his capacity as a director or officer unless it is proven
that (i) his act or failure to act constituted a breach of his fiduciary duties as a
director or officer and (ii) his breach of those duties involved intentional misconduct,
fraud or a knowing violation of law. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
have provided for indemnification to the fullest extent permitted by the provisions of
Nevada Law in our Articles of Incorporation and Bylaws. However, we do not currently
maintain any directors&#146; and officers&#146; liability insurance policies. The
foregoing summaries are necessarily subject to the complete text of the applicable Nevada
Law, our Articles of Incorporation and our Bylaws and are qualified in their entirety by
reference thereto. </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>II-2 </FONT></P>

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<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 16. Exhibits. </FONT></H1>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B><U>Exhibit No.</U></B>  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B><U>Description</U></B> </FONT></TD>
</TR>
</TABLE>
<BR>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>          5.1*  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Opinion
of Foley &amp; Lardner LLP.</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>         23.1*  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent
of Foley &amp; Lardner LLP (included in Exhibit 5.1).</FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>         23.2*  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent
of Cinnamon Jang Willoughby &amp; Company.</FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>         24.1*  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Power
of Attorney (included on the signature page hereof).</FONT></TD>
</TR>
</TABLE>
<BR>



<!-- MARKER FORMAT-SHEET="Footnote Rule-TNR" FSL="Project" -->
<HR SIZE=1 NOSHADE WIDTH=15% color=black  ALIGN=LEFT>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>* Filed herewith. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 17. Undertakings. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)          The
undersigned registrant hereby undertakes:  </FONT></P>


<!-- MARKER FORMAT-SHEET="Para Indent Lv 1-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;                    To file, during any period
in which offers or sales are being made, a           post-effective amendment to this
registration statement:  </FONT>
</TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Indent Lv 2-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;                    To include any prospectus
required by section 10(a)(3) of the Securities Act of           1933, as amended;  </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;                    To reflect in the
prospectus any facts or events arising after the effective           date of the
registration statement (or the most recent post-effective amendment           thereof)
which, individually or in the aggregate, represent a fundamental change           in the
information set forth in the registration statement. Notwithstanding the
          foregoing, any increase or decrease in the volume of securities offered (if the
          total dollar value of securities offered would not exceed that which was
          registered) and any deviation from the low or high end of the estimated maximum
          offering range may be reflected in the form of prospectus filed with the SEC
          pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price
          represent no more than a 20% change in the maximum aggregate offering price set
          forth in the &#147;Calculation of Registration Fee&#148; table in the effective
          registration statement;  </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;                    To include any material
information with respect to the plan of distribution           not previously disclosed
in the registration statement or any material change to           such information in the
registration statement;  </FONT>
</TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Indent Lv 1-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;provided,
however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information
required to be included in a post-effective amendment by those paragraphs is contained in
periodic reports filed with or furnished to the Securities and Exchange Commission by the
registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of
1934, as amended, that are incorporated by reference in the Registration Statement. </FONT>
</TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Indent Lv 1-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;                    That, for the purpose of
determining any liability under the Securities           Exchange Act of 1934, as
amended, each such post-effective amendment shall be           deemed to be a new
registration statement relating to the securities offered           therein, and the
offering of such securities at that time shall be deemed to be           the initial <I>bona
fide</I> offering thereof.  </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;                    To remove from registration
by means of a post-effective amendment any of the           securities being registered
which remain unsold at the termination of the           offering.  </FONT>
</TD>
</TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>II-3 </FONT></P>

<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 36; page: 36" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>


<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)          The
undersigned registrant hereby undertakes that, for purposes of determining           any
liability under the Securities Act of 1933, as amended, each filing of the
          registrant&#146;s annual report pursuant to Section 13(a) or 15(d) of the
          Securities Exchange Act of 1934, as amended, that is incorporated by reference
          in the registration statement shall be deemed to be a new registration
statement           relating to the securities offered therein, and the offering of such
securities           at that time shall be deemed to be the initial <I>bona fide</I> offering
          thereof.  </FONT></P>


<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)          That,
insofar as indemnification for liabilities arising under the Securities           Act of
1933, as amended, may be permitted to directors, officers and controlling
          persons of the registrant pursuant to the foregoing provisions, or otherwise,
          the registrant has been advised that in the opinion of the Securities and
          Exchange Commission such indemnification is against public policy as expressed
          in the Securities Act of 1933, as amended, and is, therefore, unenforceable. In
          the event that a claim for indemnification against such liabilities (other than
          the payment by the registrant of expenses incurred or paid by a director,
          officer or controlling person of the registrant in the successful defense of
any           action, suit or proceeding) is asserted by such director, officer or
controlling           person in connection with the securities being registered, the
registrant will,           unless in the opinion of its counsel the matter has been
settled by controlling           precedent, submit to a court of appropriate jurisdiction
the question whether           such indemnification by it is against public policy as
expressed in the           Securities Act of 1933, as amended, and will be governed by
the final           adjudication of such issue.  </FONT></P>


<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>

<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>II-4 </FONT></P>

<!-- MARKER PAGE="sheet: 16; page: 16" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>




<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act, the registrant certifies that it has reasonable
grounds to believe that it meets all of the requirements for filing on this Form S-3 and
has duly caused this Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Victoria, Province of British Columbia, Canada,
on this 6<SUP>th</SUP> day of May 2005. </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>FLEXIBLE SOLUTIONS INTERNATIONAL, INC.</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By:&nbsp;&nbsp;<U>/s/ Daniel B. O'Brien</U></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Name:&nbsp;&nbsp;&nbsp;Daniel B. O'Brien</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Title:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;President and Chief Executive Officer</FONT></TD></TR>
</TABLE>

<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>



<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>II-5 </FONT></P>



<!-- MARKER PAGE="sheet: 17; page: 17" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>




<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES AND POWER
OF ATTORNEY </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We,
the undersigned directors and/or officers of Flexible Solutions International, Inc. hereby
severally constitute and appoint Daniel B. O&#146;Brien, President and Chief Executive
Officer, and Robert N. O&#146;Brien, a member of the board of directors, and each of them
individually, with full powers of substitution and resubstitution, our true and lawful
attorneys, with full powers to them and each of them to sign for us, in our names and in
the capacities indicated below, the Registration Statement on Form S-3 filed with the
Commission, and any and all amendments to said Registration Statement (including
post-effective amendments), and any Registration Statement filed pursuant to Rule 462(b)
of the Securities Act, in connection with the registration under the Securities Act, of
equity securities of Flexible Solutions International, Inc., and to file or cause to be
filed the same, with all exhibits thereto and other documents in connection therewith,
with the Securities and Exchange Commission, granting unto said attorneys, and each of
them, full power and authority to do and perform each and purposes as each and every act
and thing requisite and necessary to be done in connection therewith, as fully to all
intents and purposes as each of them might or could do in person, and hereby ratify and
confirm all that said attorneys, and each of them, or their substitute or substitutes,
shall do or cause to be done by virtue of this Power of Attorney. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act, this Registration Statement has been signed
below by the following persons in the capacities and on the dates indicated. </FONT></P>






<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TH ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Signature</U></FONT></TH>
     <TH ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Title</U></FONT></TH>
     <TH ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Date</U></FONT></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=30% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><U>/s/ Daniel B. O'Brien</U></FONT></TD>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>President and Chief Executive Officer</FONT></TD>
     <TD WIDTH=30% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>May 6, 2005</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Daniel B. O'Brien</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Principal Executive Officer), Director</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><U>/s/ Fred J. Kupel</U></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Chief Financial Officer (Principal Financial</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>May 6, 2005</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Fred J. Kupel</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>and Accounting Officer)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><U>/s/ John H. Bientjes</U></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>May 6, 2005</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>John H. Bientjes</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><U>/s/ Robert N. O'Brien</U></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>May 6, 2005</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Robert N. O'Brien</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><U>/s/ Dale Friend</U></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>May 6, 2005</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Dale Friend</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><U>/s/ Eric G. Hodges</U></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>May 6, 2005</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Eric G. Hodges</FONT></TD></TR>
</TABLE>


<BR>
<BR>
<BR>
<BR>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>II-6 </FONT></P>

<!-- MARKER PAGE="sheet: 18; page: 18" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>







<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Default" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>INDEX TO EXHIBITS </FONT></H1>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B><U>Exhibit No.</U></B>  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B><U>Description</U></B></FONT></TD>
</TR>
</TABLE>
<BR>



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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>          5.1*  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Opinion
of Foley &amp; Lardner LLP.</FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>         23.1*  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent
of Foley &amp; Lardner LLP (included in Exhibit 5.1).</FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>         23.2*  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent
of Cinnamon Jang Willoughby &amp; Company.</FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>         24.1*  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Power
of Attorney (included on the signature page hereof).</FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Footnote Rule-TNR" FSL="Project" -->
<HR SIZE=1 NOSHADE WIDTH=15% color=black ALIGN=LEFT>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>* Filed herewith. </FONT></P>

<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>



<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Index-1 </FONT></P>


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<SEQUENCE>4
<FILENAME>cmw1409a.htm
<DESCRIPTION>OPINION
<TEXT>
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<TABLE WIDTH="100%" BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH ALIGN="Right"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">EXHIBIT (5.1)&nbsp;&nbsp;&nbsp;<BR><BR></FONT></TH></TR>
<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TH>
     <TH ALIGN="Left"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">FOLEY &amp; LARDNER LLP<BR>ATTORNEYS AT LAW</FONT></TH></TR>
<TR VALIGN="TOP">
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD WIDTH="20%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD WIDTH="30%"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">ONE MARITIME PLAZA, SIXTH FLOOR<BR>
SAN FRANCISCO, CA 94111-3409<BR>
415.434.4484&nbsp;&nbsp;TEL<BR>
415.434.4507&nbsp;&nbsp;FAX<BR>
www.foley.com<BR><BR>
</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT>
</TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">May 6, 2005&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1">CLIENT/MATTER NUMBER<BR>
056508-0101
</FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Flexible Solutions
International, Inc.<BR>2614 Queenswood Drive  <BR>Victoria, B.C. V8N 1 x 5  </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Re: </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Registration
Statement on Form S-3 With Respect To 1,800,000 Common Shares</U></FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Ladies and Gentlemen: </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
have acted as counsel to Flexible Solutions International, Inc. (the &#147;Company&#148;)
in connection with the preparation and filing of a Registration Statement on Form S-3 (the
&#147;Registration Statement&#148;), pursuant to which the Company is registering under
the Securities Act of 1933, as amended (the &#147;Securities Act&#148;), an aggregate of
1,800,000 shares of its common stock, $.001 par value per share (the &#147;Registered
Shares&#148;), which may be sold by the selling shareholders named in the prospectus
included in the Registration Statement (the &#147;Selling Shareholders&#148;). The
Registered Shares consist of (i) 900,000 shares of common stock (the &#147;Shares&#148;)
issued in connection with the Securities Purchase Agreement dated as of April 8, 2005, by
and among the Company and the purchasers named in the signature pages thereto (the
&#147;Purchase Agreement&#148;) and (ii) up to 900,000 shares of common stock (the
&#147;Warrant Shares&#148;) issuable upon exercise of warrants (the &#147;Warrants&#148;)
issued under the Purchase Agreement. We have examined the Purchase Agreement, the
Warrants, the Registration Statement and such documents and records of the Company as we
have deemed necessary for the purpose of this opinion. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
our examination, we have assumed the genuineness of all signatures, the legal capacity of
all natural persons, the authenticity of all documents submitted to us as originals, the
conformity to original documents of all documents submitted to us as certified, conformed,
photostatic or facsimile copies and the authenticity of the originals of such copies. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based
upon the foregoing, we are of the opinion that the Shares have been validly issued and are
fully paid and nonassessable, and the Warrant Shares, when issued upon due and proper
exercise of the Warrants in accordance with the terms thereof and upon due execution by
the Company and registration by its registrar of the Warrant Shares, will be validly
issued, fully paid and nonassessable. </FONT></P>




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<HR SIZE=5 COLOR=GRAY NOSHADE>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Flexible Solutions International,
Inc. <BR>May 6, 2005 <BR>Page 2 </FONT></P>


<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Please
note that we are opining only as to the matters set forth herein, and no opinion should be
inferred as to any other matters. This opinion is based upon currently existing statutes,
rules and regulations, and we disclaim any obligation to advise you of any change in any
of these sources of law or subsequent legal or factual developments which might affect any
matters or opinions set forth herein. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
hereby consent to the filing of this opinion as an exhibit to the Registration Statement
and any amendment thereto, including any and all post-effective amendments, and to the
reference to our firm in the prospectus of the Registration Statement under the heading
&#147;Validity of Common Stock.&#148; In giving such consent, we do not thereby admit that
we are in the category of persons whose consent is required under Section 7 of the
Securities Act. </FONT></P>


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<TR VALIGN=Bottom>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Very truly yours,</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>/s/ Foley &amp; Lardner LLP</FONT></TD></TR>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.2
<SEQUENCE>5
<FILENAME>cmw1409b.htm
<DESCRIPTION>CONSENT
<TEXT>
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<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>CINNAMON JANG WILLOUGHBY
&amp; COMPANY</B> <BR>Chartered Accountants <BR><I>A Partnership of Incorporated Professionals</I>  </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CONSENT OF INDEPENDENT
REGISTERED<BR>PUBLIC ACCOUNTING FIRM </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
consent to the reference to our firm under the caption &#147;Experts&#148; in the
Registration Statement on Form S-3 and related prospectus of Flexible Solutions
International, Inc. and its subsidiaries for the registration of 1,800,000 shares of its
common stock and to the incorporation by reference therein of our report, dated February
11, 2005, with respect to the consolidated financial statements of Flexible Solutions
International, Inc. included in its Annual Report on Form 10-KSB for the year ended
December 31, 2004, filed with the Securities and Exchange Commission on March 24, 2005. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>/S/ CINNAMON JANG
WILLOUGHBY &amp; COMPANY <BR>Chartered Accountants  </FONT></P>


<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Burnaby, British
Columbia<BR>May 2, 2005  </FONT></P>



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