-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 JtTlgXfJi5eM74xuHZjzB30zuOHLFg9rh574+/yAzcXo/7ZR5f3qPZ/twsW8xiB8
 bCHR/FP/0a7DE+c4hIHHzA==

<SEC-DOCUMENT>0001171200-09-000890.txt : 20091116
<SEC-HEADER>0001171200-09-000890.hdr.sgml : 20091116
<ACCEPTANCE-DATETIME>20091116120435
ACCESSION NUMBER:		0001171200-09-000890
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20091112
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20091116
DATE AS OF CHANGE:		20091116

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:		091184845

	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>i00425_flexible-8k.htm
<TEXT>
<html>
    <head>
        <title></title>
    </head>

    <body>
        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
            <font style="DISPLAY: inline; FONT-SIZE: 14pt; FONT-WEIGHT: bold">UNITED STATES&nbsp;</font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
            <font style="DISPLAY: inline; FONT-SIZE: 14pt; FONT-WEIGHT: bold">SECURITIES AND EXCHANGE COMMISSION&nbsp;</font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
            <font style="DISPLAY: inline; FONT-SIZE: 10pt">WASHINGTON, D.C. 20549 </font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
            <font style="DISPLAY: inline; FONT-SIZE: 14pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">FORM 8-K&nbsp;</font></font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
            <font style="DISPLAY: inline; FONT-SIZE: 10pt">CURRENT REPORT </font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
            <font style="DISPLAY: inline; FONT-SIZE: 10pt">Pursuant to Section 13 or 15(d) of the </font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
            <font style="DISPLAY: inline; FONT-SIZE: 10pt">Securities Exchange Act of 1934 </font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
            <font style="DISPLAY: inline; FONT-SIZE: 10pt">Date of Report (date of earliest event reported):&nbsp;November 12, 2009</font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
            <font style="DISPLAY: inline; FONT-WEIGHT: bold"><font style="DISPLAY: inline; FONT-SIZE: 10pt">FLEXIBLE SOLUTIONS INTERNATIONAL, INC.&nbsp;</font></font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
            <font style="DISPLAY: inline; FONT-SIZE: 10pt">(Exact name of Registrant as specified in its charter) </font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div>
            <table cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td valign="top" width="19%" align="left">
                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
                            <font style="DISPLAY: inline; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Nevada</font></font>
                        </div>
                    </td>

                    <td valign="top" width="2%">
                        <div>
                            &nbsp;
                        </div>
                    </td>

                    <td valign="top" width="19%" align="left">
                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
                            <font style="DISPLAY: inline; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">000-29649</font></font>
                        </div>
                    </td>

                    <td valign="top" width="2%">
                        <div>
                            &nbsp;
                        </div>
                    </td>

                    <td valign="top" width="19%">
                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
                            <font style="DISPLAY: inline; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">91-122863</font></font>
                        </div>
                    </td>
                </tr>

                <tr>
                    <td valign="top" width="19%" align="left">
                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
                            <font style="DISPLAY: inline; FONT-SIZE: 10pt">(State or other jurisdiction </font>
                        </div>

                        <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
                            <font style="DISPLAY: inline; FONT-SIZE: 10pt">of incorporation)</font>
                        </div>
                    </td>

                    <td valign="top" width="2%">
                        <div>
                            &nbsp;
                        </div>
                    </td>

                    <td valign="top" width="19%">
                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
                            <font style="DISPLAY: inline; FONT-SIZE: 10pt">(Commission File No.) </font>
                        </div>
                    </td>

                    <td valign="top" width="2%">
                        <div>
                            &nbsp;
                        </div>
                    </td>

                    <td valign="top" width="19%">
                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
                            <font style="DISPLAY: inline; FONT-SIZE: 10pt">(IRS Employer </font>
                        </div>

                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
                            <font style="DISPLAY: inline; FONT-SIZE: 10pt">Identification No.)</font>
                        </div>
                    </td>
                </tr>
            </table>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
            <font style="DISPLAY: inline; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">615 Discovery Street </font></font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
            <font style="DISPLAY: inline; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Victoria, British Columbia V8T 5G4</font></font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
            <font style="DISPLAY: inline; FONT-SIZE: 10pt">(Address of principal executive offices, including Zip Code) </font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
            <font style="DISPLAY: inline; FONT-SIZE: 10pt">Registrant&rsquo;s telephone number, including area code: <font style="DISPLAY: inline; FONT-WEIGHT: bold">(250) 477-9969</font>&nbsp;</font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
            <font style="DISPLAY: inline; FONT-WEIGHT: bold"><font style="DISPLAY: inline; FONT-SIZE: 10pt">N/A&nbsp;</font></font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
            <font style="DISPLAY: inline; FONT-SIZE: 10pt">(Former name or former address if changed since last report) </font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            <font style="DISPLAY: inline; FONT-SIZE: 10pt">Check 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) </font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            <font style="DISPLAY: inline; FONT-SIZE: 10pt">[&nbsp;&nbsp;&nbsp;&nbsp;]<font style="LETTER-SPACING: 9pt">&nbsp;&nbsp;&nbsp;</font>&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            <font style="DISPLAY: inline; FONT-SIZE: 10pt">[&nbsp;&nbsp; &nbsp;]<font style="LETTER-SPACING: 9pt">&nbsp;&nbsp;&nbsp;</font>&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            <font style="DISPLAY: inline; FONT-SIZE: 10pt">[&nbsp;&nbsp; &nbsp;]<font style="LETTER-SPACING: 9pt">&nbsp;&nbsp;&nbsp;</font>&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            <font style="DISPLAY: inline; FONT-SIZE: 10pt">[&nbsp;&nbsp; &nbsp;]<font style="LETTER-SPACING: 9pt">&nbsp;&nbsp;&nbsp;</font>&nbsp;Pre-commencement communications pursuant to Rule 13e-14(c) under the Exchange Act (17 CFR 240.13e-4(c)) </font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"></p>
            <hr align="center" size="4" width="100%" noshade>
            <br>
            <br>
        </div>

        <p style="PAGE-BREAK-BEFORE: always" align="left"></p>
        <PAGE>

        <div align="left">
            &nbsp;
        </div>

        <div align="left">
            <table cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td valign="middle" width="10%" align="justify">
                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                            <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Item 8.01</font>
                        </div>
                    </td>

                    <td valign="middle" width="90%" align="left">
                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                            <font style="DISPLAY: inline; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Other Events.</font></font></font>
                        </div>
                    </td>
                </tr>
            </table>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div align="justify">
            <font style="DISPLAY: inline; FONT-SIZE: 10pt">On November 12, 2009, Flexible Solutions International, Inc. issued a press release announcing t<font style="DISPLAY: inline; FONT-SIZE: 10pt">he Company's 2009&nbsp;third quarter and nine month&nbsp;financial results for period ended September 30, 2009. On November 13, 2009, a conference call was held to discuss the results.</font></font>
        </div>

        <div align="justify">
            &nbsp;
        </div>

        <div align="left">
            <table cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td valign="middle" width="10%" align="justify">
                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                            <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Item 9.01</font>
                        </div>
                    </td>

                    <td valign="middle" width="90%" align="left">
                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                            <font style="DISPLAY: inline; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Financial Statements and Exhibits</font></font></font>
                        </div>
                    </td>
                </tr>
            </table>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div align="left">
            <table cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td valign="middle" width="10%" align="left">
                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                            <font style="DISPLAY: inline; FONT-SIZE: 10pt"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Exhibit</font></font>
                        </div>
                    </td>

                    <td valign="middle" width="90%" align="left">
                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                            <font style="DISPLAY: inline; FONT-SIZE: 10pt"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Description</font></font>
                        </div>
                    </td>
                </tr>
            </table>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div align="left">
            <div align="justify">
                <table cellspacing="0" cellpadding="0" width="100%">
                    <tr>
                        <td valign="middle" width="10%" align="left">
                            <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                                <font style="DISPLAY: inline; FONT-SIZE: 10pt">99.1</font>
                            </div>
                        </td>

                        <td valign="middle" width="90%">
                            <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                                <font style="DISPLAY: inline; FONT-SIZE: 10pt">Press Release issued&nbsp;November 12, 2009</font>
                            </div>
                        </td>
                    </tr>

                    <tr>
                        <td valign="middle" width="10%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt">99.2</font></td>

                        <td valign="middle" width="90%"><font style="DISPLAY: inline; FONT-SIZE: 10pt">Conference Call Speech&nbsp;</font></td>
                    </tr>
                </table>
            </div>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
            &nbsp;
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
            <font style="DISPLAY: inline; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">SIGNATURES </font></font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left">
            <font style="DISPLAY: inline; FONT-SIZE: 10pt">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. </font>
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            &nbsp;
        </div>

        <div>
            <table cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td valign="top" width="26%" align="left">
                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                            <font style="DISPLAY: inline; FONT-SIZE: 10pt">Date: November 13, 2009. </font>
                        </div>

                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                            &nbsp;
                        </div>
                    </td>

                    <td valign="top" width="40%" align="left">
                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                            <font style="DISPLAY: inline; FONT-WEIGHT: bold"><font style="DISPLAY: inline; FONT-SIZE: 10pt">FLEXIBLE SOLUTIONS INTERNATIONAL, INC.&nbsp;</font></font>
                        </div>

                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                            &nbsp;
                        </div>

                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                            <font style="DISPLAY: inline; FONT-SIZE: 10pt">By: <font style="DISPLAY: inline; TEXT-DECORATION: underline">/s/ DANIEL B. O&rsquo;BRIEN </font></font>
                        </div>

                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                            <font style="DISPLAY: inline; FONT-SIZE: 10pt">Daniel B. O&rsquo;Brien, </font>
                        </div>

                        <div style="LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                            <font style="DISPLAY: inline; FONT-SIZE: 10pt">President and Chief Executive Officer</font>
                        </div>
                    </td>
                </tr>
            </table>
        </div>

        <p></p>
        <hr align="center" size="4" width="100%" noshade>
        <br>
        <br>

        <p></p>
    </body>
</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>i00425_ex99-1.htm
<TEXT>
<html>
    <head>
        <title></title>
    </head>

    <body style="FONT-FAMILY: 'Times New Roman'" bgcolor="#ffffff">
        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font color="#009900"><img src="img1.gif"><br>
        </font></p>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0pt" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 0pt; PADDING-LEFT: 0pt; PADDING-RIGHT: 0pt; PADDING-TOP: 0pt" valign="top" nowrap>
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font color="#00b050"><b><font size="2">News Release </font></b></font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0pt; PADDING-LEFT: 0pt; PADDING-RIGHT: 0pt; PADDING-TOP: 0pt" valign="top" nowrap>
                        <p style="TEXT-ALIGN: right; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><b><font size="2">November 12, 2009</font></b></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><b><font size="2">FSI ANNOUNCES RECORD THIRD QUARTER AND 9 MONTH FINANCIAL RESULTS</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><b><font size="2">Conference call</font></b> <font size="2">scheduled for Friday Nov. 13<sup>th</sup>, 11:00am Eastern time, 8:00am Pacific Time</font></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font size="2">See dial in number below </font></p>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><b><font size="2">VICTORIA, BRITISH COLUMBIA, Nov 12, 2009 &ndash; FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE AMEX: FSI, FRANKFURT: FXT),</font></b> <font size="2">a developer and manufacturer of biodegradable and environmentally safe, water and energy conservation technology, as well as anti-scalant and crop nutrient enhancement products, today announces financial results for the Third quarter (Q3) ended Sept. 30,
        2009.</font></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>
        <font size="2">Mr. Daniel B. O&rsquo;Brien, CEO, states, &ldquo;This quarter marked a significant reversal in FSI&rsquo;s revenue trend for 2009. The effect of the recent recession on the Company&rsquo;s revenue was swift, negatively affecting first and second quarters of 2009. The higher revenue number for Q3 was the result of increased sales in all product lines. The Q3, 2009 sales figure is now the largest sales number produced in a third quarter in the history of the Company. If not
        for the expensing of new factory construction and development costs ($212,077) and interest expense ($17,217), expenses not related to current operating activities, Flexible Solutions would have posted a positive net income from operations for the quarter. FSI also paid income tax during Q3 of $71,000 as a result of alternative minimum tax requirements.&rdquo; Mr. O&rsquo;Brien continues, &ldquo;I am very pleased with our financial and new production progress.&rdquo; &nbsp; </font>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0pt" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 0pt; PADDING-LEFT: 0pt; PADDING-RIGHT: 0pt; PADDING-TOP: 0pt" valign="top">&nbsp;</td>

                    <td style="PADDING-BOTTOM: 0pt; PADDING-LEFT: 0pt; PADDING-RIGHT: 0pt; PADDING-TOP: 0pt" valign="top">&nbsp;</td>

                    <td style="PADDING-BOTTOM: 0pt; PADDING-LEFT: 0pt; PADDING-RIGHT: 0pt; PADDING-TOP: 0pt" valign="top">&nbsp;</td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0pt; PADDING-LEFT: 0pt; PADDING-RIGHT: 0pt; PADDING-TOP: 0pt" valign="top" width="3%">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0pt; PADDING-LEFT: 0pt; PADDING-RIGHT: 0pt; PADDING-TOP: 0pt" valign="top" width="3%">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="4"><b>&bull;</b></font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0pt; PADDING-LEFT: 0pt; PADDING-RIGHT: 0pt; PADDING-TOP: 0pt" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">Sales in the third quarter (Q3), were $2,448,994, up 17% when compared to sales of $2,097,351, in the corresponding period a year ago. The result was a GAAP accounting net loss of $161,682, or $0.01 per basic weighted average shares for Q3, 2009, compared with a net income of $144,429, or $0.01 per basic weighted average share, in Q3, 2008. </font></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 3.85%">&nbsp;</p>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0pt" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 0pt; PADDING-LEFT: 0pt; PADDING-RIGHT: 0pt; PADDING-TOP: 0pt" valign="top" width="3%">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0pt; PADDING-LEFT: 0pt; PADDING-RIGHT: 0pt; PADDING-TOP: 0pt" valign="top" width="3%">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="4"><b>&bull;</b></font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0pt; PADDING-LEFT: 0pt; PADDING-RIGHT: 0pt; PADDING-TOP: 0pt" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">Basic weighted average shares used in computing per share amounts in Q3 were 13,962,567 for 2009 and 14,057,467 for 2008.</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 3.85%">&nbsp;</p>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0pt" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 0pt; PADDING-LEFT: 0pt; PADDING-RIGHT: 0pt; PADDING-TOP: 0pt" valign="top" width="3%">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0pt; PADDING-LEFT: 0pt; PADDING-RIGHT: 0pt; PADDING-TOP: 0pt" valign="top" width="3%">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="4"><b>&bull;</b></font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0pt; PADDING-LEFT: 0pt; PADDING-RIGHT: 0pt; PADDING-TOP: 0pt" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">Non-GAAP </font><u><font size="2">operating</font></u> <font size="2">cash flow: For the 9 months ending Sept. 30, 2009, net income reflects $500,470 of non-cash charges (depreciation and stock option expenses), non-cash judgment from a lawsuit (return and cancelation of 100,000 outstanding common shares) of $80,000, new factory construction and
                        development costs of $576,544, and an alternative minimum income tax expense of $71,183. These items are either non-cash items or items not related to operations or current operating activities. When these items are removed, the Company shows operating cash flow of $558,443, or $0.04 per weighted average share. This compares with operating cash flow of $1,896,931, or $0.13 per share, in the corresponding 9 months of 2008 (see the table that follows for details of these
                        calculations). </font></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font size="2">The sugar to aspartic acid factory in Alberta, Canada is moving toward production. The opening ceremony for the factory took place September 18<sup>th</sup>. Attaining full production from this facility will take a few months given the nature of biomass production. The output will be shipped to the Company&rsquo;s Illinois factory for conversion into thermal polyaspartate (TPA). The plant was completed on
        budget.</font></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font size="2">Heatsavr sales continue to recover as a result of not only higher energy costs and higher water costs but also because the swimming pool industry is starting to restock empty shelves. Heatsavr reduces energy costs by reducing evaporation of warm swimming pool water. </font></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font size="2">The NanoChem division continues to contribute substantially to sales and cash flow and, new opportunities are unfolding to further increase sales in this division. NanoChem sales have been less seasonal than those of our WaterSavr and Flexible Solutions Ltd divisions. This has lead to less volatility in total revenue figures quarter over quarter. However, in the future, Q1 and Q2 sales may be much larger
        than sales in Q3 and Q4. This is due to potential growth in agricultural product sales, sales which tend to occur in Q1 and Q2. </font><b><font size="2">(TABLE FOLLOWS)</font></b></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><b><font size="2">*</font></b> <font size="2">CEO, Dan O&rsquo;Brien has scheduled a </font><b><font size="2">conference call</font></b> <font size="2">for </font><b><font size="2">11:00am EST</font></b><font size="2">, </font><b><font size="2">8:00am PST</font></b><font size="2">, Friday Nov. 13th to discuss the financials. Call 1-480-629-9771 (or 1-800-762-8779) just prior to the scheduled call
        time</font><b><font size="2">. </font></b><font size="2">The conference call title, &ldquo;</font><u><font size="2">Third Quarter Financials</font></u><font size="2">,&rdquo; may be requested. </font><b><font size="2">*</font></b></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>
        <hr align="center" size="4" width="100%" noshade>

        <p style="PAGE-BREAK-BEFORE: always" align="left"></p>
        <PAGE>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font size="2">2</font></p>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font size="2">The above information and following table contains supplemental information regarding income and cash flow from operations for the 3 &amp; 9 months respectively ended Sept 30, 2009 and 2008. Adjustments to exclude depreciation, stock option expenses and one time charges are given. This financial information is a non-GAAP financial measure as defined by SEC regulation G. The GAAP financial measure most
        directly comparable is net income</font><b><font size="2">.</font></b> <font size="2">The reconciliation of each of the non-GAAP financial measures is as follows: </font></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font size="2">FLEXIBLE SOLUTIONS INTERNATIONAL, INC.</font></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><b><font size="2">Consolidated Statement of Operations</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><b><font size="2">For 3 Months Ended Sept. 30 (9 Months Operating Cash Flow)</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><b><font size="2">(Unaudited)</font></b></p>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
            <tr style="PAGE-BREAK-INSIDE: avoid">
                <td style="BORDER-BOTTOM: medium none; BORDER-LEFT: black 1pt solid; BORDER-TOP: black 1pt solid; BORDER-RIGHT: medium none" valign="top" width="776">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1">&nbsp;</p>
                </td>

                <td style="BORDER-TOP: black 1pt solid" valign="bottom" colspan="7">
                    <p style="TEXT-ALIGN: center; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><b><font size="2">3 months</font></b> <font size="2">ended Sept. 30</font></p>
                </td>

                <td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-TOP: black 1pt solid; BORDER-RIGHT: black 1pt solid" valign="bottom" colspan="2">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>
            </tr>

            <tr style="PAGE-BREAK-INSIDE: avoid">
                <td style="BORDER-LEFT: black 1pt solid" valign="top" width="776">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1">&nbsp;</p>
                </td>

                <td valign="bottom" width="12">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>

                <td valign="bottom" colspan="2">
                    <p style="TEXT-ALIGN: center; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><b><font size="2">2009</font></b></p>
                </td>

                <td valign="bottom" width="36">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>

                <td valign="bottom" colspan="3">
                    <p style="TEXT-ALIGN: center; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><b><font size="2">2008</font></b></p>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid" valign="bottom" colspan="2">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>
            </tr>

            <tr style="PAGE-BREAK-INSIDE: avoid" bgcolor="#e6e6e6">
                <td style="BORDER-LEFT: black 1pt solid" valign="top" width="776">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">&nbsp;&nbsp;Revenue</font></p>
                </td>

                <td valign="bottom" width="12">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>

                <td style="BORDER-TOP: black 1pt solid" valign="bottom" width="24">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">$</font></p>
                </td>

                <td style="BORDER-TOP: black 1pt solid" valign="bottom" width="133">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">2,448,994</font></p>
                </td>

                <td style="BORDER-TOP: black 1pt solid" valign="bottom" width="36">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>

                <td style="BORDER-TOP: black 1pt solid" valign="bottom" colspan="2">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">$</font></p>
                </td>

                <td style="BORDER-TOP: black 1pt solid" valign="bottom" width="131">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">2,097,351</font></p>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid" valign="bottom" colspan="2">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>
            </tr>

            <tr style="PAGE-BREAK-INSIDE: avoid">
                <td style="BORDER-LEFT: black 1pt solid" valign="top" width="776">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">&nbsp;&nbsp;Net income (loss) </font><b><font size="2">GAAP</font></b></p>
                </td>

                <td valign="bottom" width="12">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>

                <td valign="bottom" width="24">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">$</font></p>
                </td>

                <td valign="bottom" width="133">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: 2.25pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">(161,682</font></p>
                </td>

                <td valign="bottom" width="36">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1"><font size="2">)</font></p>
                </td>

                <td valign="bottom" colspan="2">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">$</font></p>
                </td>

                <td valign="bottom" width="131">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">144,429</font></p>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid" valign="bottom" colspan="2">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>
            </tr>

            <tr style="PAGE-BREAK-INSIDE: avoid" bgcolor="#e6e6e6">
                <td style="BORDER-LEFT: black 1pt solid" valign="top" width="776">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">&nbsp;&nbsp;Net income (loss) per common share &ndash; basic. </font><b><font size="2">GAAP</font></b></p>
                </td>

                <td valign="bottom" width="12">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>

                <td valign="bottom" width="24">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">$</font></p>
                </td>

                <td valign="bottom" width="133">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: 2.25pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">(0.01</font></p>
                </td>

                <td valign="bottom" width="36">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1"><font size="2">)</font></p>
                </td>

                <td valign="bottom" colspan="2">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">$</font></p>
                </td>

                <td valign="bottom" width="131">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">0.01 </font></p>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid" valign="bottom" colspan="2">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>
            </tr>

            <tr style="PAGE-BREAK-INSIDE: avoid">
                <td style="BORDER-LEFT: black 1pt solid" valign="top" width="776">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">&nbsp;&nbsp;3 month weighted average shares used in computing per share amounts &ndash; basic. </font><b><font size="2">GAAP</font></b></p>
                </td>

                <td valign="bottom" width="12">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>

                <td valign="bottom" width="24">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1">&nbsp;</p>
                </td>

                <td valign="bottom" width="133">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: -48pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">13,962,567</font></p>
                </td>

                <td valign="bottom" width="36">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>

                <td valign="bottom" colspan="2">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1">&nbsp;</p>
                </td>

                <td valign="bottom" width="131">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">14,057,567</font></p>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid" valign="bottom" colspan="2">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>
            </tr>

            <tr style="PAGE-BREAK-INSIDE: avoid">
                <td style="BORDER-LEFT: black 1pt solid" valign="top" width="776">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1">&nbsp;</p>
                </td>

                <td style="BORDER-RIGHT: black 1pt solid" valign="bottom" colspan="9">
                    <p style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; MARGIN: 5pt 0in 0pt" class="style1"><b><font size="2">9 month</font></b> <font size="2">Operating Cash Flow</font><br>
                    <font size="2">Ended Sept. 30</font></p>
                </td>
            </tr>

            <tr style="PAGE-BREAK-INSIDE: avoid" bgcolor="#e6e6e6">
                <td style="BORDER-LEFT: black 1pt solid" valign="top" width="776">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">&nbsp;&nbsp;Operating Cash flow (9</font> <font size="2">months). </font><b><font size="2">NON-GAAP</font></b></p>
                </td>

                <td valign="bottom" width="12">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>

                <td style="BORDER-TOP: black 1pt solid" valign="bottom" width="24">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">$</font></p>
                </td>

                <td style="BORDER-TOP: black 1pt solid" valign="bottom" width="133">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">(18,101</font></p>
                </td>

                <td style="BORDER-TOP: black 1pt solid" valign="bottom" width="36">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1"><font size="2">) a</font></p>
                </td>

                <td style="BORDER-TOP: black 1pt solid" valign="bottom" width="24">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">$</font></p>
                </td>

                <td style="BORDER-TOP: black 1pt solid" valign="bottom" colspan="3">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">1,389,351</font></p>
                </td>

                <td style="PADDING-BOTTOM: 1.45pt; PADDING-LEFT: 1.45pt; PADDING-RIGHT: 1.45pt; BORDER-RIGHT: black 1pt solid; PADDING-TOP: 1.45pt" valign="bottom" width="24">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1"><font size="2">b</font></p>
                </td>
            </tr>

            <tr style="PAGE-BREAK-INSIDE: avoid">
                <td style="BORDER-LEFT: black 1pt solid" valign="top" width="776">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">&nbsp;&nbsp;Operating Cash flow excluding non-operating items and items not related to current operations (9</font> <font size="2">months). </font><b><font size="2">NON-GAAP</font></b></p>
                </td>

                <td valign="bottom" width="12">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>

                <td valign="bottom" width="24">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">$</font></p>
                </td>

                <td valign="bottom" width="133">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">558,443</font></p>
                </td>

                <td valign="bottom" width="36">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1"><font size="2">c</font></p>
                </td>

                <td valign="bottom" width="24">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">$</font></p>
                </td>

                <td valign="bottom" colspan="3">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">1,896,931</font></p>
                </td>

                <td style="PADDING-BOTTOM: 1.45pt; PADDING-LEFT: 1.45pt; PADDING-RIGHT: 1.45pt; BORDER-RIGHT: black 1pt solid; PADDING-TOP: 1.45pt" valign="bottom" width="24">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1"><font size="2">d</font></p>
                </td>
            </tr>

            <tr style="PAGE-BREAK-INSIDE: avoid" bgcolor="#e6e6e6">
                <td style="BORDER-LEFT: black 1pt solid" valign="top" width="776">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">&nbsp;&nbsp;Operating Cash flow per share excluding non-operating items and items not related to current operations (9</font> <font size="2">months) &ndash; basic. </font><b><font size="2">NON-GAAP</font></b></p>
                </td>

                <td valign="bottom" width="12">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>

                <td valign="bottom" width="24">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">$</font></p>
                </td>

                <td valign="bottom" width="133">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">0.04</font></p>
                </td>

                <td valign="bottom" width="36">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1"><font size="2">c</font></p>
                </td>

                <td valign="bottom" width="24">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">$</font></p>
                </td>

                <td valign="bottom" colspan="3">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">0.13</font></p>
                </td>

                <td style="PADDING-BOTTOM: 1.45pt; PADDING-LEFT: 1.45pt; PADDING-RIGHT: 1.45pt; BORDER-RIGHT: black 1pt solid; PADDING-TOP: 1.45pt" valign="bottom" width="24">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1"><font size="2">d</font></p>
                </td>
            </tr>

            <tr style="PAGE-BREAK-INSIDE: avoid">
                <td style="BORDER-LEFT: black 1pt solid" valign="top" width="776">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">&nbsp;&nbsp;Non-cash Adjustments (9 month)</font></p>
                </td>

                <td valign="bottom" width="12">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>

                <td valign="bottom" width="24">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">$</font></p>
                </td>

                <td valign="bottom" width="133">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">420,474</font></p>
                </td>

                <td valign="bottom" width="36">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1"><font size="2">e</font></p>
                </td>

                <td valign="bottom" width="24">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">$</font></p>
                </td>

                <td valign="bottom" colspan="3">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">589,530</font></p>
                </td>

                <td style="PADDING-BOTTOM: 1.45pt; PADDING-LEFT: 1.45pt; PADDING-RIGHT: 1.45pt; BORDER-RIGHT: black 1pt solid; PADDING-TOP: 1.45pt" valign="bottom" width="24">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1"><font size="2">f</font></p>
                </td>
            </tr>

            <tr style="PAGE-BREAK-INSIDE: avoid" bgcolor="#e6e6e6">
                <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: black 1pt solid; BORDER-TOP: medium none; BORDER-RIGHT: medium none" valign="top" width="776">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">&nbsp;&nbsp;9 month basic weighted average shares used in computing per share amounts &ndash; basic </font><b><font size="2">GAAP</font></b></p>
                </td>

                <td style="BORDER-BOTTOM: black 1pt solid" valign="bottom" width="12">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>

                <td style="BORDER-BOTTOM: black 1pt solid" valign="bottom" width="24">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1">&nbsp;</p>
                </td>

                <td style="BORDER-BOTTOM: black 1pt solid" valign="bottom" width="133">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: -48pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">14,028,313</font></p>
                </td>

                <td style="BORDER-BOTTOM: black 1pt solid" valign="bottom" width="36">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>

                <td style="BORDER-BOTTOM: black 1pt solid" valign="bottom" width="24">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1">&nbsp;</p>
                </td>

                <td style="BORDER-BOTTOM: black 1pt solid" valign="bottom" colspan="3">
                    <p style="TEXT-ALIGN: right; MARGIN-TOP: 2pt; TEXT-INDENT: -48pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt" class="style1"><font size="2">14,057,567</font></p>
                </td>

                <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" valign="bottom" width="24">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 2pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in" class="style1">&nbsp;</p>
                </td>
            </tr>

            <tr>
                <td width="776">
                </td>

                <td width="12">
                </td>

                <td width="24">
                </td>

                <td width="133">
                </td>

                <td width="36">
                </td>

                <td width="24">
                </td>

                <td width="53">
                </td>

                <td width="131">
                </td>

                <td width="1">
                </td>

                <td width="24">
                </td>
            </tr>
        </table>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: -3.85%; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 7.69%">&nbsp;</p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><u><b><font size="1">Notes: </font></b></u><font size="1">certain items not related to operations or current operating activities of the Company have been excluded from net income as follows:</font></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><u><b><font size="1">a</font></b></u><font size="1">&nbsp;NON-GAAP amounts exclude certain non-cash items (depreciation and stock option expenses - $500,470) and recapture of past non-cash expense (judgment from lawsuit and return and cancellation of 100,000 common shares -$80,000), as well as interest income, and alternative minimum income taxes charged in Q3 of $71,183. This is a 9 month number as per
        financials.</font></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><u><b><font size="1">b</font></b></u><font size="1">&nbsp;NON-GAAP amounts exclude certain non-cash items (depreciation and stock option expenses - $589,530) and interest income of $2,405. This is a 9 month number as per financials.</font></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><u><b><font size="1">c</font></b></u> <font size="1">NON-GAAP amounts exclude certain non-cash items (depreciation and stock option expense - $500,470) and recapture of past non-cash expense (judgment from lawsuit resulting in return and cancellation of 100,000 common shares -$80,000), as well as, certain items not related to operations or current operating activities; new factory construction and development costs and
        related interest expense ($576,544), and alternative minimum tax expense charged in Q3 ($71,183)</font></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><u><b><font size="1">c</font></b></u><font size="1"> NON-GAAP amounts exclude certain non-cash items (depreciation and stock option expense - $589,530) as well as, items not related to operations or current operating  activities; interest income ($2,405), loss on sale of equipment ($29,026), write down of equipment ($41,440) and, new factory construction and development costs ($437,114).</font></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><u><b><font size="1">e</font></b></u><font size="1"> NON-GAAPamount represents depreciation, stock option expenses and recapture of past non-cash expense (a judgment from a lawsuit which resulted in return and cancellation of 100,000 common shares of the Company).</font></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0pt" border="0" cellspacing="0" cellpadding="0" width="65%">
                <tr>
                    <td style="PADDING-BOTTOM: 0pt; PADDING-LEFT: 0pt; PADDING-RIGHT: 0pt; PADDING-TOP: 0pt" valign="top" nowrap>
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><u><b><font size="1">f </font></b></u><font size="1"> NON-GAAP amount represents depreciation and stock option expenses.</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><u><font size="2">Safe Harbor Provision</font></u></p>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font size="2">The Private Securities Litigation Reform Act of 1995 provides a "Safe Harbor" for forward-looking statements.&nbsp; 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.&nbsp; These forward-looking statements may be impacted, either positively or negatively, by various
        factors.&nbsp; 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.</font></p>
        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>
    <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: -5.85%"><b><font size="2">Flexible Solutions International</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: -5.85%"><b><font size="2">615 Discovery Street, Victoria, BC V8T 5G4 CANADA</font></b></p>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 0pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0pt" valign="top" width="50%">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><u><b><font size="2">Contact</font></b></u></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0pt; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0pt" valign="top" width="50%">
                        <p style="TEXT-ALIGN: right; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><b><font size="2">Flexible Solutions International &ndash; Head Office</font></b></p>

                        <p style="TEXT-ALIGN: right; MARGIN-TOP: 0pt; TEXT-INDENT: 139.5pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><b><font size="2">Jason Bloom</font></b></p>

                        <p style="TEXT-ALIGN: right; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">Tel: 250-477-9969</font></p>

                        <p style="TEXT-ALIGN: right; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">Tel: 800.661.3560</font></p>

                        <p style="TEXT-ALIGN: right; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">Email: Info@flexiblesolutions.com</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font size="1">If you have received this news release by mistake or if you would like to be removed from our update list please reply to: </font><font color="#0000ff"><u><font size="1">Laura@FlexibleSolutions.com</font></u></font></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font size="1">To find out more information about Flexible Solutions and our products, please visit </font><font color="#0000ff"><u><font size="1">www.flexiblesolutions.com</font></u></font><font size="1">. </font></p>

        <p style="BORDER-BOTTOM: 2.25pt solid; TEXT-ALIGN: center; PADDING-BOTTOM: 1px; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>
    </body>
</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>img1.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 img1.gif
M1TE&.#EAT0!(`/<``/______]_?___?_]_?W__?W]_?W[^_W_^_W[^;W_^_W
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M4E)*2@A:M0!:O0!:M0!2M0!2K0!2I0!2G#I*$`A*E`A*C`!*G`!*E`A"C`A"
MA`A">PA"<Q`Z8P@Z<P@Z:Q`Q8Q`Q6A`Q4A`Q2ADI.A`I2A`I0A`I.ADA,2$A
M$!DA(2$9$!D9&1D9$```````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````"'_"TU33T9&24-%.2XP%P````MM<T]035-/1D9)
M0T4Y+C!"/*3U`"'_"TU33T9&24-%.2XP&`````QC;5!02D-M<#`W,3(````#
M2`!SO``L`````-$`2```"/\``0@<2+"@P8,($RI<R+"APX<0(TJ<2+&BQ8L8
M,VK<R+&CQX\@0XH<J;&`A`TC6/!(`H=,$AXC1FR00++@!A8T:+#84$!@`0=`
M@_8DN8$/I4EC:`((RI0A`Z9`:VJ4P`,-H$&;0HW:RG73ID&`V-!@0'($F4"1
M(#5J%(@/#P!+^,B=BX(D`SZ."AEBQ`=``39SYS(<$UAN!JD4"VQ(8B<KUU"A
M/GGU^@GRXTUP>$@8RI'!DD:(#!4:K1=1HR5C&!U:?2@2#))+%)$NU`A&`4&(
M6!_"M%``7MV5ZB*.N`&.UJVA!J%QR2/&AN<C:`A)0L;.(*ZC!G%1JG'"F$:S
MPQ?_8D2)T6Q(KT=Z231;$93;HDE3ZLV'/6E)PH<W9.#E^JCD;+"PF4\*/&"`
M`A`@,!`#&_#`1F7_#2($61FE%I]XHQEBB23GI2>2%;*1UH@0\,TVGT*^V3<:
M?OHQM`$4_FU"Q@B<&7!!"%6X08<99NSH@@$%,4##'9]L-0@/%%;$`H<8DG9(
M(.5U2)('8SQBB&E]E2@??2H6PF*+"4DPR'%^T$@0!U68H2,=;+;Y!00?7'#!
M``LN00ER<'`V$1F(-#D:(H'0D)J4)$E`QB22+.&!7X)<6,B)":4XVY=@&I3#
M=:'\P8*>`""@0H]NK-GFCBV`.L,!`E$0AA0\^+%5F11)_\"'HX4D$@AHC(S1
MTZ"DH1?D"*C)M<1.!`EP$PO((DM3LLG2*`&R.2FKY6B4Q"6LF0-)>E]^`C'`
M0K!\#,M=2#YL,LHG5ISP`P<7I*#"`P,,,<2.:HK*IAD7?&"$$6.(<8,2>10"
M`@`2"*+5(#1,-$(@X0$*;"!("L3K:+X.-`(?D32B2"*),,)6PC[Q(0DD)$,R
MR1(`4%(R))%0(H$7(Y=\\K2/?H=(QXWPL4&V]4W*+0P8,[*Q(A[SP4)(#'"A
MU28^%`%JJ&YTX42;8,P0111F5,$!$VSVX-<-A,S6A@,-!*%%$N9ND@2G#+'`
M\&R)Z,K`N!,74C$!$@02FGB&G/_64P$]D\8(RI2$)\G+70Y.,R5CY$4:(GPH
MI>V*PBD&&JV%F$8#VQ@5`,=6?9Q@Q*BDWUO%`S@4,4,+0Z30@YIT$C%;&""`
M4$<A,@!`PW6?0!$1"^#!K:M!=5<,0R"8SW::7X&/-GC*AB,^F^*-FMAXPY$#
M,+F7=14@!)-^-O)61U8<3$(5I9/N!@D**``&O71@T4,58``Y01NC[2&&''L4
M\@:J01@![X[V$."%)Q&1XU3Q7L.`0!PB/(:@52!8<)?$$2YZZYG>$A9W/>P5
M8'LLV@#R(.@H0P1B9QL10I$`T84=O2]]5"O"!S[0H]+I0"`>N-UL""&#"00A
M#0(0TRC_-D'`AAAP-HB8!"7XD"0`+-")(?I36_A@GL=%;@Q=2H07)C")V1@B
M<AD4W`:K)Y\.AF=P(*Q+\S(WQ2@60A%\$(!&-F"N4/0("Q]H`0Q)9P8CV,L,
M47`#&(H0`0`@839R0((,WD`(*@B$!N;Z0Q,5<D3L-7&!(@S/:5"R1DEL8`E5
M)$U;W!@W!(31>6-T%.,D(8D^(9$,@.L2?CP0O`Q)@@<WX8,K]4()SDED`YBJ
M@A,X0"<.['%4@D3F#S[P!1Z1```4(,T>WA"P0NS!`=!\PQBT<H=)(J222&0B
M01;(@U#J12Z34*(Y3[.P76;(BX$JP"G'DTH3+6%8:S1A462)_P(0M8<,?$@G
M)1RW(@]5I`!H&.(1<``D@42@AL=,GQMZ,(0X]00$&"($$@A@@C:(@0!>^(\5
MC%C+<%[2G.A)@CD1^#;Q*&(,`'";&]LS"3/-DWJJ'(BLX'DQ?O)I>GPHJ08Q
ML@&MD"$`=!I(`7!@KX@B$U\"(0`5Q*-1#VBA?SL@F!ZR@T)*"O5/XAS(`E7:
M'L`D`A%H32LB^%(`&#0B>7I1Q`8!<-,-ZG(VE5#*7;S8B)[Z[*>"\X+>U)K6
M1Y#A(@6PPQ#')1`.X`"B3KU7%\SP@8'(H'_2K$,8J(#9/4S@D47R0MN^B@@X
MGK1#H/0B'U!`AM:RH;6P3<+"'+563?\FK*X$&(,;'8&R`J26-";TZ[8`.QI%
M>`$&L$TN&<1R$1H4B0^H(HC[FNI4,Y#`!1P`$@6D@%EI[J&[A0@"`#0`@L2>
MB[$&`6>M*"$(,IRV5S"@04E-R(,"%(`,/+&O?G^;(3Y\!VY,K"M<S%F(*8[0
M29'K)`KXFSD^T(@!9-B,?GWY$`:X:A";]4`#!E(!ZCH5"P,A0!#`ZZ<R3.`&
M>T`"`#90)#90.*9"C1O;%@@X"$:"#X%`X+AB.=3"`7<2TA,C`&;K)[AY(8T%
MZ"(2)2$R&6^$!I`9`XKS8(*!D""RI1N"0`Z@A"+/S@/<%5@&,L"&[(S`JP<<
M7D&>B$4()N+_@8DXK%+7^#P?WR?(J/0+<8OLR30"X*Y>3(1H<K61.PP1"77H
MW\`$,CHLCZH%`C$!B<6S!SD$00F8;0,%TN`!%IB+"V@6WHQ1^AH>-^FE0S%U
MGNV\(CS34R`B?*"?3(@R/\LJ;$U2'$888"X^!*$,HZDR``8P-4>WZ9D`6`&N
MFT2(/#!2FB:@0AX<4`!`C,(/%%:OD]=,:H'(2M88"L02",`\"T)O4JY^GD".
M!U?:S-7/!&LIWQH!,HOD0"MCV$,8Y%"(&P@D`(TV-A@4D*HW>#D\>U`"_L1P
M``%PX3]=36\K(QA!ODA@DA:BN&MT&M2]D880?!D!N0&G"(KWC7`F_T_BRQQA
M\N7YY6*64`2X]9((2<"`0KYA.<6#,Y`-3.)RP"5$(\80\8D@E*MA((T4./Q"
M+)N!`P2A0!W"1H@]Y&'9XDD#9G=P`!N,8"N^0\C%YD()3%AB$FVQ@FT$8JW`
M&+0`-#A+).8^B4P(0@A**0!A"O.6PL@%N90(_!+YD)XE2()CE:!$(^;.%B\4
M?>^!B7@!>!#4N4>B+>.[B`2L'0<4*.&0A1##0`+0@\C*CWX0*`@%3+`"$V@@
M`S?@=Y'SD($=:/HZ?DB(220@*TDX(C1HY0N%YL;[XK.M`!=CA/*5/XDB$K_X
M`X(^[]D0"$FD4XE+&)`(XX,(2B0!)RPXL_]!GF_\\:<$)R/X;$98`!DA@*#J
M_=O#A@6"`SKXL718F`$.H`X`$K@A!0PA=7ZR!QX@`OIV7T,D?@@A*S-U3MZT
M$(#C*!,4$7_A3G(U$$E04EI4*0XA!`DH`$B`:X2P`@/!`6[@`@'7)A\0``11
M`%G34`E!`"&((7+@4?T3!#<P!D-41`?A!0WH@!0X*[,Q@1!1@>V!,@(A!.;T
M"$C(@0MA!4.T`5J`!+8W&F4P?P/`3#U@+V[P``;Q`*G'$!,@;=^U!U@W&GAP
M`W4P!IOP"9EG$)_1)%_T@`H1@4/(@PUAA*1Q@;"F-Z.1"$#FA`Q!!MG!`+9C
M=6&S!\(&``;0`S__4'JC<@$"\0`ID`(]80`&D%28"``$9Q`4X`$>``([`&S2
M%`9X4`A*0`FA<`0(,0%"B"%S&(02B(<,H8?%U81#5GTW1HN":!"*-0@7)7NC
MT0;1Y1<*,``S,"I.H``1@`6"%`$*8`1?\`4_@`-88`0?@`7R4@$^D50#T0`F
M4`8B6`AUH`5W(EH'00,$EB$W$U91Q2`P``,;P`"<8H>B=#0,D(_Z2!8%L(_Y
M:%]L8(%6D(]^P2`Y,8]L,S?``@,7!X$2L)`#TAO^F!"N\@<`0``RH`%*((Q:
M0&X$<0'V4@58<"\58``A4`-.T"-F,`3HXP98$`$#X`).T`,*4A`"``+=_X4_
MF#`*:,`Y/$!:D0`8=H!S(S`&Z31WK.1@+?B*HS%!&R`(@A=X3+0$4"EX@K`V
M`0DW4KD!0E"5@2<(N`AW@8`H<U<)X8)>L!90DE"6A.>1!R$!UO*5"7$==G"1
M8E`'U"1-_B9=(YD^7\"-`C$`%Q`%3I`C=U0`R<@F3B")!H%BTB0(HS"4!Z&$
MXB$)"<,@0[$$@<!R@18(0C!GL[@!$T=Q4QD)+;=!6>E%230"0O!6%,<(Z.@7
M-M,P%F<0JO8GI_&`R7=6$<0;"*$5<2`0#J`%&)([TJ4`)``JI`,&C&D`7=`%
M$8`^]X)_43"-+=!0DC:,D-D'#_B3E:F`?L%@XO\Q(G_#E`6V$Y$0'E-94HJ3
MFEXD":QI3L;E;7SP@QD2"6^X,.'C!9RR4^$!*09!EP(Q9DA`8BFF?J.7`A55
M!#KBC'10!`7P`!4``0K@`AX&0\@&`#+0!FD``];F8@?A5N(!.9RAF>VF%Y[)
M/*&9GK.QGAIDB\`%GY2YAZ+%`&U69(""0K+B3A#4"#RH=UU"+0EA:(,@1R!0
M!DA@`F%`8GD``O,W$'12`!7P``B@1UCP6&90!$PE<)6U90<`3*,0FP5!`&R`
M.8&0'@R@9%X&*!E@CTV)GNKI&>R)FCRJ%S(JGZ)%`RSJ92_%=E^%/00AFI@#
MH`614(-`(3)@376@0^'_\09!0`%/6A`AT"9FT)?&QB9NP`$54`%T,@)9,5)B
M]U5Q0Q:ZQ3>8DRMN>IX;L*>CX:)B!*.V%)_MP9]\,'/O)!Z60!.`5F24D"0P
MP*I;@A`/MPG<(0/5Y"?.1@09X)8"`0&A8@00X`*7.BH\`@8LF025X0,*@1<]
MRA-\`$&*P&0S94*IZI3`ZJJH!*M74E,S6EQ>,`+@\R>3$%`\JCBLIA>,0"NU
M(5;KF`B^.9D).!`3X`!!T`:3)AYB8)R!60&%5`!1,*TPM`;G$@,*L0%O%1Z1
M0`.9U!Y\8%\^^)]WL:)Q&H>OZI[C(1<1UJYOY`4,UC>EMJNMF@'Q:@B)`K/J
M_^9$!#4:C=!:"<$#_Y%Y89`&5*`%^W.L3;('4M!P!5$!D`6Q;2*QFP">XP>S
MXS$&'B!OY^EME1`>0&:>YAH>@B"G+VJRBM,3*FM<5F!.@*(49-6B\`I@$E"J
M>PBJ?U9"'5NQUP&B2R$%C'IPPT@!?.FTI6,&U@8(OL1[%V.K+[6Q@C,&Y*:G
M_RDKH7E@!;5&(P(`>Z8($6:V>-JR)P0`-AJD#A:O.O:QI*%%N11C?5&'B@4(
MXY(!6B",?JMI'':ATSH$6@%J!P$X.!:DA?`(8[!72!0)K?55O>2U`N)`<!,(
M!$9O=.5.>\$'*8NGD`M@`"54B#`CI`M&I.0%<!`)O_\7'GVZ$$D`&47D`&.F
M`3(@!6*0!F\@!WTK'DLG$!<@N*6C!A"'$"27/!F+N;Y[,[2"0.5*06/`H[32
M-V?6FB/*KGA:`/>:.6=5F3#PMJ?+O49FGJ2!GPPA`44B9P``NWF0!W(@!^^;
M!P<[&[0G$`H@G?:[(]9VJ/I+M?>Y,RP`K.%C&\@[8%YV"-GCP'QSI[-*5SGK
M)X!"`!3\AQ9\NE[PK7P3"&AI$*ZR"9Q!`#;0!F=X<$0P$!'P!2U,!VZP"*,`
M2S%<I[6B9G73)'%F7SGLGWZB"'0KGC0KJS0:;V0,3V]QQ+62Q'^XQ!@R.,R:
M$%#P'SD08ADP`28@!65@PE?_+!YMT()%T,*+$!GU9ILRK+F<8:/K^$_E.8OK
M=K$8$F<$8:-N%,=GBX[M5&0NA\>EV[U,#%RPB4T-`:9ZH!0RV`9E(`92L`5B
M4`8E/(#%"``7T'00"\:NJWM4FRN,Q0!68)H8`@G9HZ)WZ!.:B2&($+P%L:,Q
M*L?N.A!7Z[MVN@04HLIZ7"M\_#B1H&8.`05:$787Z0%B<,)^HF)0.B^"2PJA
M(+4%`3B-P#$=(VZ^1`-4I`B!$`A$$RZ<H<\#/=!**1`"H)E"PS&.L+.<`V$$
MK0B*0`DCP`.2D-#5AXL>(%B.8"N)X`AM,<DC@'8)/70O<WD)+0E>P`9KD3-L
M@,]._W%A370`("`%!N>WA=`&D:H`3&"[>_3%HQ"<*`(#7D`&8^`%25!T!B$!
M0F`%7N`%5K`$18=\.9'5%&032V`%2[T$0O#'!0$L5B"]O)?568U>P#+5+`L#
M<A3*:)T3-+(!<4T#&2`!:5T14#8*='L#5!`$,F`"-J`$[VR&BSP:6O#+!E`!
M+!Q17=`#.+!5@T#3MFE?8EV'+^80`F!?#T$`]!@1!,#9O>@3<;"#`U&%HY$'
M==`&;=#+38($D=I_D=4%7G@$GYK9HYW;+2)`V<$=!!N_?JL$S)J",/270V8N
M,*S;RIW;,5`D?L`=!W``8-8&1NME2C`0#]"TI;,^*W8=F__@U&\I!.(]WN1=
MWN9]WNB=WNJ]WNS=WN[]WN0=,0\!A:&`!A1B-C<``AD``C:`!%10!FF0!M2-
M(64P$-(:455@``70!^>BK0WA@=@1X1(^X11>X19^X1B>X1J^X14^"$^,$`R`
M!I`!PPT`,(10=:N=!@`N!X<=!@)A``][3&YP`1*@6*&0!`4$&3J^XSS>XS[^
MXT`>Y$(^Y$1>Y$;>X[RH$`Q0VJ/`!DIA5?!<G,TJS(/;`B/@!UJ!!A`A`4D`
MWU[^Y6`>YF*^WD<P(;]$!I#Q!RC4`!Y@L(<]&V(P?XE).EW``1Q``@\0`Y@2
M8<O=YW[.'UNQ"3E0`":P!2^P`CO_H`2Z?,OOVUV)+1`TQ$=.4$A^D0-I0[=^
MGNFZ70!64"0RL@$KT`9XF09:,+1Y*4T3($>1/BHS4`&=N`%QX-WUI>D5(0%]
MT`>83NL7X6F![G@;>K1!\%D#<&7(A`,^L0$)%2$?KNL,\75%S>P:00-L<!R#
M<`2PIP74K=IE$`2+,FPAP,5TT`58$`4I`"0O$R/;H7E0$`=LD`,4`G=H$`=6
MP`)>$`=0L.1QH*T%$`-D$`?IOF+]/LE#5N]D4$0;T.]6P!D;4.\LL!5&W7-6
M$`=HL#D"P0+]_JX6$^_OT7/]+A`CP`5Q,"/=$O&M%0=)(`%Q$`=OT0$@+_(<
MH1AV4"2A_[`)=M#4$A#='ED`(:`F9@`&UXD`#PD%?P`AF,$3S34FR.$'^:@'
MQQ$*@&`<F'$N\V@<GS`(DB$$SK45=%L`7%`DR`%+]X8<?T`3:+,5-.#P!"$$
MCO$?=F`HQW$N"5^^R*$'9,$"_E$`4)`56!$*7`!,6M$'A!CUGR`!>9\<6<&?
M'0%W??#V@Z`'7.`#,=`!%_?(;L`$/B`=7-`'7L_V24Z!WKU<MQX#Y3,*=T`&
MR.T?H3!2<N\%#$"D_H$&"L@"13((9.#=+/`'_[%5-RX!:5/P:.]MO0\'?5#Z
M*U3[YV+W_X'[H?`6H_\'GDKZRCQ$KD+Z$X+Z4/#\W02%1/010O^"!DB/'%XQ
M"(.P"*``"HO0AI8QXN]*AQ+!``?3(%Z!!F4V"DUM;:&@SJ-0S"$U"D+0!UBQ
M]@#!`,!``#Q&C;(CP<K!))M&A1)RT(J$4*,&;4ARD`W!#14!8=P4\B":#7$>
M\JBX:>&H)!OT'!3"HB(;-(-"5AQ%8R#*47XDR!P%AXS-35`('D6:5.E2``5&
M>.EC\^!4JJ-"]O$R@NE6K@6\X#P8BL6&051#H6'P52<`LJ,`64DBL.RH`D<E
MO!SUR<M!*`XA2BQ`!JS%#00+H!D\B$>?JG<H6ER9Y-/!BPSL0)X(@,S!M8%#
MZ61@<I`5*X6YGD8]D,$(%CR2<($#R`]Y&BM">+`8(3#U;H(,H)0-=8?'0!9S
M*HZ6`$`"EZ,CXDP>I'-NW:,;T&S2R]=OQ%%6E%L!?H<%4H7`[8S?`,?A)C3)
MCT?^]*D/B[H2R*RW$I@SP>7\O93])#_>!B2P0`,/1#!!!1=DL$$''X0P0@DG
,I+!""R_$<+>````[
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>4
<FILENAME>i00425_ex99-2.htm
<TEXT>
<HTML>
<HEAD>
<TITLE> </TITLE>
</HEAD>
<BODY bgcolor="#ffffff" style='font-family:"Times New Roman"'>




<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Conference Call Speech Q3 2009</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Good morning. I&#146;m Dan O&#146;Brien, CEO of Flexible Solutions.
Safe Harbor provision:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>The Private Securities Litigation Reform Act of 1995 provides a "Safe Harbor" for forward-looking statements.&nbsp; Certain of the statements contained herein, which are not historical facts, are forward looking statements with respect to events, the occurrence of which involve risks and uncertainties.&nbsp; These forward-looking statements may be impacted, either positively or negatively, by various factors.&nbsp; 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.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Welcome to the FSI conference call for third quarter 2009.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Before we go through the numbers, I&#146;d like to speak about where we are in our major projects and what we see looking forward.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>The global economic conditions are better than the first half of the year but have not returned to pre-recession levels. This continues to affect FSI in each of its divisions and market segments. However, despite continued inventory reduction and more aggressive just in time ordering from our customers, we still managed increased revenue and positive operating cash flow in Q3. Our cost of goods was properly rationalized to our selling prices for the quarter and gross margins are at historic norms. In fact, the revenue for Q3 09 was the highest we have recorded in a 3<sup>rd</sup> quarter.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Our sugar to aspartic acid plant in Alberta began operation in September. Small volumes are being produced in the current quarter and significant volume will start in Q1 2010. Production from the Alberta plant will allow FSI to supply the only renewably-based poly-aspartic acid in the world. One of the primary potential customers for this grade of material is the dish and laundry detergent market. One very large potential detergent customer has samples. This potential customer has decided to proceed to reformulation of a product line to include sustainable polyaspartate. Reformulation will delay sales by </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

        <hr align="center" size="4" width="100%" noshade>

        <p style="PAGE-BREAK-BEFORE: always" align="left"></p>
        <PAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>6-9 months but increases the potential size of the project by a factor of 2.5. The plant was completed on budget and a grand opening ceremony took place in Taber Alberta on September 18th. The ribbon was cut by the Minister of Agriculture for Alberta, the Honorable George Groeneveld.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>The NanoChem division now represents 90% of revenue and has become the main sales and profit driver of our company for the next several years. This division makes poly-aspartic acid [TPA] a biodegradable protein with many valuable uses. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Along with detergents &#150; mentioned above - TPA is used in agriculture to increase crop yield. In North America alone, the wholesale market is over $2 billion a year and most crops are able to use TPA profitably. We have made significant increases in our distributor roster and expect the new customers to drive strong growth over the next several years. As any of you who follow the agriculture and fertilizer markets know, the 09 fertilizer sales season was disappointing as farmers refused to pay high prices when crop prices were not at peaks.  However, the current levels of fertilizer use are unsustainable without major impact on crop yields and we expect our partners to see increased demand in 2010.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>TPA is also a biodegradable way of treating oilfield water to prevent pipes from plugging with mineral scale. Our sales into this market are well established but can be subject to temporary reductions when production is cut back or when platforms are shut down for repairs. In some areas, including the Nordic countries operating in the North Sea, use of TPA is mandated as part of environmental regulation.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Q4 and the start of 2010 </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>We continue to be optimistic about the coming year. Several product lines have opportunity for major growth and all but swimming pools are partly insulated from the recession. As the economy recovers, we expect to resume our momentum.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Given the continued economic uncertainty surrounding most of our end markets, it is difficult to predict our revenues with accuracy.  We have a number of new product initiatives that could drive revenue growth in 2010 and beyond, however, if our customers, or their end </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

        <hr align="center" size="4" width="100%" noshade>

        <p style="PAGE-BREAK-BEFORE: always" align="left"></p>
        <PAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>customers delay spending decisions, this could push the timing of this growth back to late 2010. What is important is that we can maintain profits and cash flow even during times of customer pullback such as now and we are well positioned for strong increases in sales, cash flow and profits when customers return to the marketplace.   </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Our optimism is more solid in the areas of cash flow and profit. Now that the factory commissioning costs are almost complete, the company expects to resume strong positive cash flow and return to profitability. Although the economy makes it very difficult to predict revenue by quarter, we are confident that we will finish 2009 in a very strong condition, able to take advantage of the opportunities we find and we are sure that we can maintain positive cash flow throughout this year and 2010.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>I would also like to speak about where FSI has come from over the last 5 years and the long-term goals of the company. In 2004 we purchased the assets of Donlar Corp from bankruptcy and began operating them as our NanoChem Solutions division. Company wide sales have increased from 4.5 million a year to about 10 million and we have positioned the company for growth. Raw material pricing availability and sustainability were identified as the single most important risk to our long-term plan &#150; replacing a significant fraction of the poly-acrylic market with our poly-aspartates in conjunction with market leadership where poly-aspartates are the only available chemistry. These are the risks we have overcome by designing, proving and building our sugar to aspartic acid plant in Alberta. Now we are properly positioned to challenge for several percent of the multi-billion dollar poly-acrylate marketplace with the
long-term advantages of being disconnected from oil prices and having a biodegradable product from sustainable raw materials. This has been our goal for the past 4 years. Our next goal is obtaining large increases in revenue and profitability based on our advantages. This, like the previous goal will take time and have bumps but the FSI team has shown that they can achieve amazing results. There are potential energy price scenarios where our products may be less expensive than poly-acrylates. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Highlights of the financial results:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:4.17%;text-align:justify;'><font size=1>&nbsp;</font></p>

        <hr align="center" size="4" width="100%" noshade>

        <p style="PAGE-BREAK-BEFORE: always" align="left"></p>
        <PAGE>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>For the nine-months 2009, operating cash flow was $558 thousand, 4 cents per share compared to $1.9 million and 13 cents per share in 08. We are pleased that even during recession and while completing an expansion, operating cash flow has stayed solidly positive. Detailed information on how to reconcile GAAP with non-GAAP numbers is included in our news release of November 12<sup>th</sup>.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Finally, our other product lines, Watersavr and swimming pools are being emphasized less than the NanoChem division while maintaining the long-term opportunities and limiting cash and management costs. We are continuing our Watersavr efforts in Australia, Turkey, Morocco, parts of the far-east, and California. Small sales have occurred at intervals through the year. There are indications that larger sales may arrive in 2010.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Swimming pool products: Swimming pool sales are showing signs of improvement as the industry is forced by empty shelves to purchase inventory. Lingering effects of the recession are making sales more difficult, however, we are increasing our advertising frequency and </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

        <hr align="center" size="4" width="100%" noshade>

        <p style="PAGE-BREAK-BEFORE: always" align="left"></p>
        <PAGE>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>direct to dealer contacts to ensure we maximize available opportunities. We hope to announce a licensing deal for the BTI product in Q4. Slower than expected decision-making by the prospective licencee has delayed the contract. When completed this will provide revenue, allow management to reduce internal efforts on the product line, and re-deploy executive time to areas of greater expertise.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>The text of this speech will be available on our website by Monday November 16<sup>th</sup> and email copies can be requested from Jason Bloom at 1800 661 3560 or Jason@flexiblesolutions.com</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Thank you, the floor is open for questions.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

        <hr align="center" size="4" width="100%" noshade>
</BODY>
</HTML>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
