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<SEC-DOCUMENT>0001200952-05-000699.txt : 20050812
<SEC-HEADER>0001200952-05-000699.hdr.sgml : 20050812
<ACCEPTANCE-DATETIME>20050812082139
ACCESSION NUMBER:		0001200952-05-000699
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20050812
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20050812
DATE AS OF CHANGE:		20050812

FILER:

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

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31540
		FILM NUMBER:		051019064

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

	MAIL ADDRESS:	
		STREET 1:		2614 QUEENSWOOD DR
		CITY:			VICTORIA BC CANADA
		STATE:			A1
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>fs_8k50812.txt
<DESCRIPTION>CURRENT REPORT
<TEXT>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   ----------

                                    FORM 8-K

                                   ----------

                                 Current Report
                         Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

        Date of Report (Date of earliest event reported): August 12, 2005

                     FLEXIBLE SOLUTIONS INTERNATIONAL, INC.
             (Exact name of registrant as specified in its charter)



           NEVADA                       001-31540                91-1922863
- ----------------------------           -----------            ----------------
(State or other jurisdiction           (Commission              (IRS Employer
      of incorporation)                File Number)          Identification No.)



2614 QUEENSWOOD DR., VICTORIA, BC CANADA                         V8N 1X5
- --------------------------------------------------------------------------------
(Address of principal executive offices)                       (Zip Code)

       Registrant's telephone number, including area code: (250) 477-9969


          (Former Name or Former Address, if Changed Since Last Report)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
    230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
    240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))
<PAGE>
ITEM 2.02 - RESULTS OF OPERATIONS

On August 12, 2005 Flexible Solutions International, Inc., issued a press
release announcing financial results for the second quarter ending June 30,
2005. Revenues for the quarter were up by 240%. Non-cash items, depeciation and
a one-time charge in the period contributed to a net loss (see Exhibit 99.1
attached).


ITEM 9.01 - FINANCIAL STATEMENTS AND EXHIBITS

     EXHIBIT NO. DESCRIPTION

     99.1        Press Release Dated August 12, 2005


                                   SIGNATURES

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


                                          Flexible Solutions International, Inc.

                                          By: /s/ DAN O'BRIEN
                                              President
Dated: August 12, 2005
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>fs_8k50812x991.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
                                                                   EXHIBIT 99.1
NEWS RELEASE



        FLEXIBLE SOLUTIONS REPORTS SECOND QUARTER 2005 FINANCIAL RESULTS
      (Q2 REVENUES UP BY 240% - A ONE-TIME NON-CASH OPTIONS EXPENSE TAKEN)

    A CONFERENCE CALL IS SCHEDULED FOR FRIDAY, AUGUST 12 AT 11:30 A.M. EASTERN
TIME, AND 8:30 AM PACIFIC TIME.

VICTORIA, CANADA., AUGUST 12, 2005 - FLEXIBLE SOLUTIONS INTERNATIONAL, INC.
(AMEX: FSI, FRANKFURT: FXT), the developer and manufacturer of biodegradeable
and environmentally safe water and energy conservation technology, as well as
anti-scalant bio-polymers today announces the second quarter results for the
period ended June 30, 2005.

Sales in the second quarter were up substantially to $1,868,133 compared with
$547,761 in the corresponding period a year ago, resulting in a net loss of $
478,317 (see non-cash expenses totaling $643,233 below), or $(0.04) per basic
average weighted share, compared with a net loss of $ 327,289, or $(0.03) per
basic weighted average share, in the second quarter 2004. Basic weighted average
shares used in computing per share amounts for the quarters were 12,675,837 and
11,819,916 respectively.

Cash flow from operating activities was also up significantly to $164,916, or
$0.01 per share, as compared with $(83,399), or $(0.01) per share in the year
ago period. The difference in net income versus cash flow, in this quarter, was
the result of non-cash items such as depreciation $162,983 and option expenses
$480,250. Furthermore, cash flow for the first six months of 2005 was $410,617
compared with $(257,373) in the corresponding period of 2004.

"Sales from all product lines contributed to the strong numbers for second
quarter" says CEO Dan O'Brien. "Furthermore, the elimination of the Company's
debt in Q2 will add approximately $31,000 to operating cash flow each quarter
beginning third quarter 2005. These strong second quarter financial results,
including our second straight reporting period of positive operating cash flow,
shows that the Company is solidly positioned for growth."

CEO Dan O'Brien and CFO Fred Kupel will host a conference call for members of
the investment community at 11:30 am Eastern time (8:30pm Pacific time), on
Friday, August 12, 2005. For information on how to join the call, please contact
Ben Seaman at (250) 477-9969 or (800) 661-3560 or ben@flexiblesolutions.com.
There will be a limit to the number of callers who may participate.
<TABLE>
<CAPTION>
                      FLEXIBLE SOLUTIONS INTERNATIONAL INC.
                             Selected Financial Data
                  For 3 Months Ended June 30, 2005 (Un-audited)
                                                                    2005            2004
                                                                    ----            ----
<S>                                                                 <C>             <C>
Sales                                                               $1,868,133      $547,761
Net Income (loss)                                                   $(478,317)      $(327,289)
Net Income (loss) per Common share - Basic                          $(0.04)         $(0.03)
Operating Cash Flow (loss)- excluding non-cash expenses             $164,916        $(83,399)
Operating Cash Flow per share                                       $0.01           $(0.01)
Weighted Avg. Shares used in computing per share amounts - Basic    12,675,837      11,819,916
</TABLE>


ABOUT FLEXIBLE SOLUTIONS INTERNATIONAL:
Flexible Solutions International Inc. (www.flexiblesolutions.com), based in
Victoria, British Columbia, Canada, is the developer and manufacturer of
WaterSavr, the world's first commercially viable water evaporation retardant.
FSI is an environmental technology company specializing in energy and water
conservation products for drinking water, agriculture, industrial markets and
swimming pools throughout the world. WaterSavr reduces evaporation by up to 30%
on reservoirs, lakes, aqueducts, irrigation canals, ponds and slow moving
rivers. Heatsavr, a "liquid blanket" evaporation retardant for the commercial
swimming pool and spa markets, also reduces humidity and lowers water heating
costs, resulting in energy savings of 15% to 40%. The Company's Ecosavr product
targets the residential swimming pool market. The Company's NanoChem Solutions,
Inc., subsidiary specializes in environmentally friendly

<PAGE>

"green chemistry" water soluble products utilizing thermal polyaspartate (TPA)
biopolymers, beta-proteins manufactured from the common biological amino acid,
L-aspartic acid.

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

Vancouver, BC Office                                                Head Office
Jens Biertumpel                                                     Jason Bloom
Tel: 604.682.1799                      Tel:  (250) 477.9969 Fax: (250) 477.9912
                                       Email:  info@flexiblesolutions.com
In the recent past you have either signed up to receive our investor relations
information on our website, by email or in person

If you have received this news release by mistake or if you would like to be
removed from our update list please reply to: ben@flexiblesolutions.com

For more information about Flexible Solutions and its products please visit
WWW.FLEXIBLESOLUTIONS.COM
- -------------------------


FLEXIBLE SOLUTIONS INTERNATIONAL INC.
615 Discovery Street
Victoria  BC  V8T 5G4
Tel: 250.477.9969  fax: 250.477.9912
Toll free: 800.661.3560
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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