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<TYPE>EX-99
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<FILENAME>form8kitem202ex992aug-15.txt
<DESCRIPTION>EXHIBIT 99.2 Q2 SPEECH
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                                  EXHIBIT 99.2




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Q2 2015 speech

Good morning. I'm Dan O'Brien, CEO.

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  statements 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.

First let me review  the  company  products,  give  some  guidance  as to future
expectations and then I will move on to the financials.

The NanoChem Division or NCS

NCS makes  polyaspartic  acid [TPA] a  biodegradable  protein with many valuable
uses and the nitrogen  conservation  products SUN 27(TM) and N Savr 30(TM).  NCS
represents  approximately  95% of revenue and is the sales and profit  driver of
our company.

TPA is used in  agriculture  to increase  crop  yield.  TPA keeps  positive  and
negative fertilizer ions bio-available to plants by loosely associating with the
positive  fertilizer ions and preventing  precipitation of salts such as calcium
phosphate. Higher bio-availability leads to higher yields. We sell TPA at prices
that allow strong margins for  distribution  while still providing a significant
profit for the  grower.  There are at least 300 million  acres in North  America
that could use TPA profitably.

TPA is a  biodegradable  way of treating  oilfield  water to prevent  pipes from
plugging  with  mineral  scale.  Our sales  into this  market are strong and oil
companies in the Nordic countries use TPA as part of  environmental  compliance.
We are experiencing interest from forward thinking oil producing countries other
than Scandinavia and have reasonable  expectations of gaining new customers over
the next several quarters.  There is continuing research into the concept of TPA
as part of tight oil and gas fracturing liquids. This research has progressed to
early adoption and we have seen increased  sales over the last year. TPA is used
as part of the fracking fluid and intended to prevent scale from  destroying the
permeability  of the rock pores as well as its better  known  function  of scale
control in piping.  Clogged  rock pores  reduce well  production.  TPA has added
value compared to existing fluid  components  due to its  biodegradability  - it
does not need to be removed when cleaning used fracking  water and  demonstrates
oil industry sensitivity to environmental safety which can improve relationships
with neighbors and regulators.

SUN  27(TM):  NCS has been making and  selling  this  product for a year and are
satisfied with the initial success. We expect it to become a significant revenue
stream in 2016 and onward. SUN 27(TM) is a fertilizer  additive that reduces the
speed of nitrogen fertilizer degradation in soil. Most soils contain the protein

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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  environmental side effects. The
size of the potential market for urease inhibition is very large.  Nitrogen,  in
various  formats that can be protected by SUN 27(TM),  is applied to millions of
acres of crop land  worldwide  each year and 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 competing urease  inhibitors  resulting in reduced storage  problems.
SUN  27(TM)  is  manufactured  in the US and  sold by our  NanoChem  subsidiary:
www.nanochems.com.

N Savr  30(TM):  As a result of our  inventive  work to develop SUN 27(TM),  NCS
became expert enough in nitrogen conservation  chemistry to formulate a solution
to the second major cause of nitrogen fertilizer loss; de-nitrification. This is
also caused by bacterial  activity in soil - warm wet soils are the most prone -
resulting in oxygen being  stripped from the  fertilizer to leave  nitrogen gas.
The gas can't be used by the plants  and  escapes  to the  atmosphere.  The gold
standard for reducing  de-nitrification  is a DCD solution and we have developed
an excellent  version.  At this time NCS is manufacturing for distribution under
trade names owned by our  distributors  as well as our registered  trademark:  N
Savr 30(TM). N Savr 30(TM) is the new name for what we previously referred to as
DCD 30. It is, like SUN 27(TM), manufactured in the US and sold by NanoChem.

WaterSavr(TM)  might have had the  breakthrough it has sought for years with the
project in Wichita Falls, TX. However,  Texas experienced  massive flooding with
much loss of life and property  just as WaterSavr  was due to be ordered for the
2015 evaporation season. We are sorry for what the people of Texas have endured,
first with the drought and then with the floods. We hope to be able to help with
any new  drought  conditions  that may  emerge in 2016 and have  maintained  our
strong  relationships  with the groups who  manage  water in the state.  We have
several additional WaterSavr  opportunities in progress but none as far advanced
as Texas was.

Q3 AND REST OF 2015

We  think  that  the  combination  of  TPA,  SUN  27(TM),   N  Savr  30(TM)  and
Watersavr(TM) will result in growth under most economic conditions, however, our
customers  buy  purchase  order by  purchase  order  without  providing  forward
guidance.  We  have  negative  and  positive  surprises  such  as  oil  platform
maintenance  shutdowns  and fast volume  uptake by new  customers.  In Q3, we no
longer  expect  significant  Watersavr(TM)  sales  due to the  floods  in Texas.
Agriculture  sales in Q2 were  affected  negatively  by sales  that  might  have
occurred in Q2 being pulled  forward  into Q1. Q3 is often weak for  agriculture
and sometimes for oilfield as well, so predictions are not available.

In Q4,  we will  strive  to book  early  sales in all  three of our  agriculture
products to obtain growth in fourth  quarter.  If successful,  we may accumulate
double  digit  growth  for the  year as a  whole.  Highlights  of the  financial
results:

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Sales for the quarter  decreased 9% to $3.9 million  compared with $4.29 million
for 2014.  The  result is a gain of $319  thousand  or $0.02 per share in the 15
period, compared to a gain of $400 thousand or $0.03 per share, in 2014.

Working  capital is  sufficient  to support  our growth and is  increasing  as a
result of  retained  earnings.  The  Company  is also  supported  by its  mostly
untapped 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 2015, operating cash flow was $1.89 million or 14 cents per share
compared to $763  thousand  and 6 cents per share in the first 6 months of 2014.
Detailed  information on how to reconcile GAAP with non-GAAP numbers is included
in our news release of August 14th.

The text of this speech will be available on our website by Tuesday, August 17th
and email or fax copies  can be  requested  from Jason  Bloom at 1 800 661 3560.
[Jason@flexiblesolutions.com] Thank you, the floor is open for questions.

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