<SEC-DOCUMENT>0001004878-14-000317.txt : 20140822
<SEC-HEADER>0001004878-14-000317.hdr.sgml : 20140822
<ACCEPTANCE-DATETIME>20140821185306
ACCESSION NUMBER:		0001004878-14-000317
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20140814
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20140822
DATE AS OF CHANGE:		20140821

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:		141058625

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

	MAIL ADDRESS:	
		STREET 1:		2614 QUEENSWOOD DR
		CITY:			VICTORIA BC CANADA
		STATE:			A1
		ZIP:			V8N 1X5
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8kfinresults8-14.txt
<DESCRIPTION>FORM 8-K ITEM 2.02
<TEXT>


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K


                                 CURRENT REPORT

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

        Date of Report (date of earliest event reported): August 14, 2014

                      FLEXIBLE SOLUTIONS INTERNATIONAL INC.
                      -------------------------------------
             (Exact name of Registrant as specified in its charter)


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

                              615 Discovery Street
                       Victoria, British Columbia V8T 5G4
                      ------------------------------------
          (Address of principal executive offices, including Zip Code)

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

                                       N/A
                   -----------------------------------------
          (Former name or former address if changed since last report)

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)

[] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
   230.425)

[] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
   240.14a-12)

[] Pre-commencement communications pursuant to Rule 14d-2(b) under the
   Exchange Act (17 CFR 240.14d-2(b))

[] Pre-commencement communications pursuant to Rule 13e-14(c) under the
   Exchange Act (17 CFR 240.13e-4(c))

<PAGE>

Item 2.02   Results of Operations and Financial Condition

     On June 11, 2014 and August 14, 2014,  the Company  issued  press  releases
announcing the Company's  financial results for the three months ended March 31,
2014 and June 30, 2014.

Item 7.01   Regulation FD Disclosure

     On August 15,  2014,  the  Company  held a  conference  call to discuss its
financial  results for the three months  ended June 30,  2014,  as well as other
information regarding the Company.

Item 9.01   Exhibits

Exhibit
Number      Description of Document

   99.1      July 11, 2014 Press Release

   99.2      August 14, 2014 Press Release

   99.3      Text of opening remarks by Dan O'Brien/August 15, 2014 conference
             call

                                       2
<PAGE>

                                   SIGNATURES

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


Date:  August 15, 2014
                                 FLEXIBLE SOLUTIONS INTERNATIONAL INC.



                                 By: /s/ Daniel B. O'Brien
                                     ----------------------------------------
                                     Daniel B. O'Brien, President and Chief
                                     Executive Officer
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>form8kfinresultex991aug-14.txt
<DESCRIPTION>EXHIBIT 99.1
<TEXT>




                                  EXHIBIT 99.1




<PAGE>

NEWS RELEASE                                                       July 11, 2014

                  FSI Announces a Decrease in Second Quarter, 2014 Revenue

VICTORIA,  BRITISH COLUMBIA,  July 11, 2014 - FLEXIBLE SOLUTIONS  INTERNATIONAL,
INC.  (AMEX:  FSI,  FRANKFURT:  FXT),  is  the  developer  and  manufacturer  of
biodegradable  polymers  for oil  extraction,  detergent  ingredients  and water
treatment as well as crop nutrient  availability  chemistry.  Flexible Solutions
also  manufactures  biodegradable  and  environmentally  safe  water and  energy
conservation technologies. Today the Company announces a year over year decrease
in revenues for second quarter (Q2), 2014.

Sales were lower in Q2,  2014 than in Q2,  2013.  Flexible  Solutions'  top line
revenue  decreased from $4.88 million (Q2, `13) to $4.08 million (Q2, `14), down
16% year over year.

Complete  financial results will be available by August 14, 2014 concurrent with
our SEC quarterly filing.

About Flexible Solutions International

Flexible Solutions  International,  Inc.  (www.flexiblesolutions.com),  based in
Victoria,   British  Columbia,  is  an  environmental  technology  company.  The
Company's  NanoChem  Solutions Inc.  subsidiary  specializes  in  biodegradable,
water-soluble  products utilizing thermal  polyaspartate (TPA) biopolymers.  TPA
beta-proteins are manufactured from the common biological amino acid, L-aspartic
and have wide usage including scale  inhibitors,  detergent  ingredients,  water
treatment and crop enhancement. The other divisions manufacture energy and water
conservation  products for drinking water,  agriculture,  industrial markets and
swimming pools  throughout the world.  FSI is the developer and  manufacturer of
WaterSavr,  the world's first commercially  viable water evaporation  retardant.
WaterSavr  reduces  evaporation  by up to 30% on reservoirs,  lakes,  aqueducts,
irrigation canals,  ponds and slow moving rivers.  Heatsavr,  a "liquid blanket"
evaporation retardant for the commercial swimming pool and spa markets,  reduces
energy costs by 15% to 40% and can result in reduced indoor pool  humidity.  The
Company's Ecosavr product targets the residential swimming pool market providing
the same savings as Heatsavr.

Safe Harbor Provision

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


                        Flexible Solutions International
                615 Discovery Street, Victoria, BC V8T 5G4 CANADA

                                                                Company Contacts

                                                                     Jason Bloom
                                                               Tel: 250.477.9969
                                                         Toll Free: 800.661.3560
                                                               Fax: 250.477.9912
                                               Email: info@flexiblesolutions.com

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

To find out more  information  about Flexible  Solutions and our products please
visit www.flexiblesolutions.com
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>form8kfinresultex992aug-14.txt
<DESCRIPTION>EXHIBIT 99.2
<TEXT>




                                  EXHIBIT 99.2




<PAGE>


NEWS RELEASE
August 14, 2014


              FSI ANNOUNCES SECOND QUARTER, 2014 FINANCIAL RESULTS
 Conference call scheduled for Friday August 15th, 11:00am Eastern time, 8:00am
                                  Pacific Time
                            See dial in number below


VICTORIA,  BRITISH COLUMBIA, August 14, 2014 - FLEXIBLE SOLUTIONS INTERNATIONAL,
INC. (NYSE Amex:  FSI,  FRANKFURT:  FXT), is the developer and  manufacturer  of
biodegradable  polymers  for oil  extraction,  detergent  ingredients  and water
treatment as well as crop nutrient  availability  chemistry.  Flexible Solutions
also  manufactures  biodegradable  and  environmentally  safe  water and  energy
conservation technologies. Today the Company announces financial results for the
second quarter (Q2) ended June 30, 2014.

Mr.  Daniel  B.  O'Brien,   CEO,  states,  "Our  non-GAAP  operating  cash  flow
demonstrates  the  Company's   financial   strength.   With  regard  to  revenue
forecasting,  given the economic  difficulties faced in Europe and the Far East,
it is simply too difficult and unrealistic to give accurate  revenue guidance at
this time.  Although  first  quarter 2013  revenue was lower than 2012  revenue,
current  year's  revenue has now  exceeded  2012's and it is expected  that this
year's revenue will be higher than 2012's." Mr. O'Brien continues,  "As a result
of the  seasonality of the  agriculture  and swimming pool markets,  FSI's sales
have tended to be larger during the first half of the year.  This may not always
be the case going forward as orders for product may be pushed to later quarters.


     o    Sales in the second quarter (Q2) were $4,286,731,  down  approximately
          12% when compared to sales of $4,884,629 in the corresponding period a
          year ago.  The  financials  give a Q2, 2014  accounting  net income of
          $399,753 or $0.03 per share  compared to an  accounting  net income of
          $70,169, or $0.01 per share in Q2, 2013.

     o    Basic  weighted  average shares used in computing per share amounts in
          Q2 were 13,169,991 for both 2014 and 2013.

     o    Non-GAAP  operating  cash flow: For the 6 months ending June 30, 2014,
          net income reflects  $367,271 of non-cash  charges  (depreciation  and
          stock option expenses), as well as net income tax ($98,709),  interest
          expense  ($52,772) items not related to operating or current operating
          activities.  When these items are removed the Company shows  operating
          cash  flow of  $762,927,  or  $0.06  per  share.  This  compares  with
          operating  cash  flow  of  $975,138,   or  $0.07  per  share,  in  the
          corresponding 6 months of 2013 (see the table that follows for details
          of these calculations).

The NanoChem division  continues to produce most of FSI's revenue and cash flow.
New opportunities are unfolding to further increase sales in this division.

Mr.  O'Brien  states,  "We are  satisfied  with our first half revenue  increase
considering  the stress Europe is enduring and slowdowns in the US and China. Q3
this  year  is  likely  to be  similar  to  Q2  in  growth  terms,  however,  as
agricultural  preorders  begin in late fall,  we hope to see a resumption of top
line growth for Q4."

* CEO, Dan O'Brien has scheduled a conference  call for 11:00am EST, 8:00am PST,
Friday  August  15th  to  discuss  the  financials.   Call   1-888-461-2024  (or
1-719-325-2323).  The conference call title, "Second Quarter Financials," may be
requested.*

<PAGE>

The above  information  and  following  table contain  supplemental  information
regarding  income and cash flow from  operations for the 6 months ended June 30,
2014.  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.  The reconciliation of each of the Non-GAAP financial measures is
as follows:

                               FLEXIBLE SOLUTIONS INTERNATIONAL, INC.
                      Consolidated Statement of Operations
                 For 3 Months Ended June 30 (6 Months Operating Cash Flow)
                                   (Unaudited)
--------------------------------------------------------------------------------
                                                     3 months ended June 30
                                                    2014             2013
                                               ---------------------------------
                                               ---------------------------------
Revenue                                          $ 4,286,731      $ 4,884,629

Income before income tax - GAAP                  $   498,462      $    82,169


Net income (loss)  - GAAP                        $   399,753 a    $     70,169 a


Net income (loss) per common share - basic. -    $      0.03 a    $       0.01 a
GAAP
3 month weighted average shares used in
computing per share amounts - basic.-  GAAP       13,169,991        13,169,991

                                                  6 month Operating Cash Flow
                                                           Ended June 30
                                               ---------------------------------
                                               ---------------------------------
Operating Cash flow (6months). NON-GAAP          $   762,927      $    975,138 b

Operating Cash flow per share excluding
non-operating items and items not related to
current operations (6 months) - basic.           $     0.06       $       0.07 b
NON-GAAP
Non-cash Adjustments (6 month) NON-GAAP          $  367,271       $    715,986 c

Shares (6 month basic weighted average) used 13,169,991 in computing per share
amounts - basic GAAP 13,169,991
--------------------------------------------------------------------------------

Notes:  certain  items not  related to  "operations"  of the  Company  have been
excluded from net income as follows.

     a)   Non-GAAP  - as of  January  2013 the  accumulated  loss  and  expenses
          resulting from the Alberta  division can now be used to reduce taxable
          income from the Illinois division.

     b)   Non-GAAP - amounts exclude certain  non-cash items:  depreciation  and
          stock option  expense  (2014 = $367,271,  2013 =  $715,986),  interest
          expense  (2014 =  $52,772,  2013 =  $55,880),  net  income tax (2014 =
          $98,709, 2013 = $70,000), and gain on the sale of equipment(2014 = $0,
          2013 = $2,057). See Operating Cash Flow for other adjustments.

     c)   Non-GAAP - amounts represent depreciation, stock option expense.

Safe Harbor Provision

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

                        Flexible Solutions International
                615 Discovery Street, Victoria, BC V8T 5G4 CANADA

                                                                     Jason Bloom
                                                               Tel: 250 477 9969
                                                         Toll Free: 800 661 3560
                                                               Fax: 250 477 9912
                                              E-mail: info@flexiblesolutions.com

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

To find out more information about Flexible  Solutions and our products,  please
visit www.flexiblesolutions.com.
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>4
<FILENAME>form8kfinresultex993aug-14.txt
<DESCRIPTION>EXHIBIT 99.3
<TEXT>




                                  EXHIBIT 99.3




<PAGE>

Q2 2014 Speech

Good morning. I'm Dan O'Brien, CEO of Flexible Solutions.

Safe Harbor provision:

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

Welcome to the FSI conference call for second quarter 2014.

Prior to speaking specifically regarding the financials,  I'd like to talk about
where we are in our product lines and what we expect for the next quarters.

The NanoChem division represents most of the revenue of FSI. This division makes
poly-aspartic  acid  called TPA for short,  a  biodegradable  protein  with many
valuable uses.

TPA is used in  agriculture  to  increase  crop  yield.  The method of action is
through limiting crystal embryo growth between fertilizer ions and other ions in
the soil.  When embryonic  crystals are prevented from  transforming  into fully
crystalline form by TPA, the fertilizer remains available to plants further into
the  growing  season.  The firm but  light  attraction  between  the TPA and the
fertilizer  ions also reduces  fertilizer  run-off.  Keeping  fertilizer  easily
available to crops results in better yield with the same level of fertilization.
In North America alone,  the wholesale  market is estimated at over $2 billion a
year and most crops are able to use TPA very profitably.

TPA in agriculture is a unique economic  situation for all links in the sales to
end user chain.  With many  products the economic  value is good for all but one
party,  most  commonly  the farmer - who is asked to accept a soft value such as
convenience instead of the cash profit accruing to the other parties. Not so for
TPA:  FSI earns a fair  profit  on  manufacturing,  distribution  earns a strong
profit selling to dealers, dealers make good profits selling to growers, yet the
grower still earns a great profit from the extra crops he produces with the same
land and  fertilizer  program.  More than 350 trials over the last 15 years have
demonstrated that investing $10 - $15 per acre in TPA can payback $30 to $100 or
more.  We believe this is an excellent  basis for  long-term  growth in sales as
more growers become aware of this improvement to best practices.

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 and
growing  steadily but can be subject to temporary  reductions when production is
cut back or when platforms are shut down for reconditioning.

SUN 27(TM):  This is our most recent  product  introduction.  It is a fertilizer
additive that reduces the speed of nitrogen fertilizer degradation in soil. Most
soils  contain the protein  urease,  which is an enzyme that  degrades  nitrogen
fertilizer.  Up to half the  nitrogen  applied  to a field can be lost to urease
activity.   This  is  a  significant   cost  to  the  grower  and  has  negative

<PAGE>

environmental  side effects.  Sales begun in First Quarter 2014 and are expected
to accelerate in late 2014 and 2015 as growers and distributors  become aware of
the pricing and the  effectiveness  of the  product.  The size of the  potential
market  for urease  inhibition  is very large  given that  nitrogen,  in various
formats,  is applied to millions of acres of crop land  worldwide  each year and
that nitrogen  loss through  urease enzyme  activity  destroys  large amounts of
expensive nitrogen fertilizer. SUN 27(TM) is equal to, or better than, competing
products and pricing is set to be very  competitive at both wholesale and retail
levels.  SUN 27(TM) has a lower  freezing  point  than other  urease  inhibitors
resulting in reduced storage problems.  SUN 27(TM) is manufactured in the US and
sold by our NanoChem subsidiary:  www.nanochems.com. SUN 27(TM) is now available
in truckload volumes.

Q3, Q4 and the start of 2015

Potential  improvements in sales are possible in several product lines.  TPA for
agricultural  use begins uptake in Q4 for the 2015 season and we are told by our
distributors  that  their  inventory  is very  low.  SUN  27(TM),  the  nitrogen
conservation  product for  agriculture  that we introduced this year is entering
the first full season of sales which is  normally  Q4 and Q1.  WaterSavr(TM)  is
experiencing  sales in Q3 that will make a top line revenue  increase likely for
the quarter.

We are not able to provide specific growth predictions because, even with loyal,
growing customers and new sales opportunities in multiple markets, our sales are
purchase order by purchase order rather than long term uptake  contracts.  It is
unrealistic  to  give  numerical   guidance  under  these  conditions.   We  are
comfortable predicting that full year 2015 revenue will be higher than 2014. Our
best  estimate is that Q3 2014 will  resemble the year  earlier  period but with
some  growth and that in Q4 2014 we may see faster  year over year growth due to
pre-ordering of agricultural TPA and SUN 27(TM) for the 2015 season.  In 2015 we
expect  additional  growth in revenue  with the usual  lumpy  quarterly  numbers
because of customer behavior,  weather,  crop pricing and the other variables of
our business.

Highlights of the financial results:

Sales for the quarter decreased 12% to $4.29 million compared with $4.88 million
for Q2 2013.  The result is a gain of $400 thousand or $0.03 per share in the 14
period, compared to a gain of $70 thousand or $0.01 per share, in 2013.

Working capital is very adequate. FSI's sales tend to be larger during the first
half of the year, resulting in higher accounts receivable,  lower cash and lower
inventory.  The  Company's  growth is  supported by its mostly  unused,  line of
credit with a Chicago based bank.

Because of the  out-size  effects of  depreciation,  stock  option  expenses and
one-time  items on the  financials  of small  companies,  FSI  also  provides  a
non-GAAP  measure  useful for judging year over year  success.  "Operating  cash
flow" is arrived at by removing depreciation, option expenses and one-time items
from the statement of operations.

For first half 2014,  operating cash flow was $763  thousand,  6 cents per share
compared to $975 thousand and 7 cents per share in 2013. Detailed information on
how to reconcile  GAAP with non-GAAP  numbers is included in our news release of
August 14th.

Last,  our other  product  lines,  Watersavr(TM)  and  swimming  pools are being
emphasized  less than the NanoChem  division  while  maintaining  the  long-term
opportunities and limiting cash and management  costs.  Swimming pool sales have

                                       2
<PAGE>

been impacted by competition this year and we are formulating responses.

Watersavr(TM) sales are more difficult to predict. We are continuing our efforts
in Turkey,  Morocco,  Chile,  Senegal,  parts of East-Asia and Australia.  Small
sales are expected at intervals  through the year. The successful  trial in 2012
on Lake Sahara in Las Vegas has provided  concrete  evidence that  Watersavr(TM)
works safely in the US southwest and saves water at low cost to the water owner.

The Lake Sahara project, the AWWA journal article that resulted from Lake Sahara
and the hard work over the last decade at sites around the world have led to the
pilot  program  which is  on-going  in  Wichita  Falls  Texas.  If this pilot is
completed as planned, it will result in Q3 2014 WS revenue of about $375,000 and
may  result in a larger  contract  for 2015.  The  pilot is being  watched  with
extreme   interest   by  water   management   groups   throughout   the  US  and
internationally.  We hope the Wichita  Falls pilot will be the tipping  point we
have looked for to bring our technology  into mainstream use and I would like to
thank all the people of Texas who have been instrumental in the project.

The text of this speech will be available on our website by Monday Aug. 18th and
email   copies  can  be   requested   from   Jason   Bloom  at  1800  661  3560.
[Jason@flexiblesolutions.com] or Alishap@flexiblesolutions.com.


Thank you, the floor is open for questions.
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
