<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>form8k202ex9925-17.txt
<DESCRIPTION>EXH. 99.2 - CONF. CALL OPENING REMARKS
<TEXT>

                                  EXHIBIT 99.2




<PAGE>


Q1 2017

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  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.

Welcome to the FSI conference call for first quarter 2017.

Prior to focusing on our  financials,  I'd like to talk about our recovery  from
the fire,  our product lines and what we think might occur over the next several
quarters.

The fire at Taber was  unfortunate,  however,  we have  received  a total of 5.7
million Canadian from our insurance and may receive additional funds in Q3 after
all details of the  equipment  we lost have been  reviewed by our  insurer.  The
Heatsavr(TM)  liquid  pool cover is back in  production  to serve our  worldwide
customer  base.  The  property is clean,  ready for the new  building and we are
assessing  bids  for  construction.  Space  in the new  Taber  facility  will be
available as needed by the NanoChem division and for other corporate purposes.

The NanoChem division, NCS, represents most of the revenue of FSI. This division
makes thermal  poly-aspartic acid, called TPA for short, a biodegradable protein
with many  valuable  uses.  NCS also  manufactures  SUN 27(TM) and N Savr 30(TM)
which are used to reduce nitrogen fertilizer loss from soil.

TPA is used in agriculture to  significantly  increase crop yield. The method of
action is by slowing  crystal growth between  fertilizer  ions and other ions in
the soil resulting in fertilizer  remaining  available longer to increase yield.
The attraction  between the TPA and the fertilizer ions also reduces  fertilizer
run-off.  Keeping  fertilizer more easily available for crops to use, results in
better yield with the same level of fertilization.

TPA in agriculture is a unique economic  situation for all links in the sales to
end  user  chain.   There  are  good  profits  from  manufacturer   through  the
distribution  system to the grower,  yet the grower  still earns a great  profit
from the extra crops he produces with the same land but no extra fertilizer.

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.  A  simple
explanation of TPA's effect is that it prevents the scaling out of minerals that

                                       1
<PAGE>

are part of the water fraction of oil as it exits the rock formation.  The scale
must be  prevented  to keep the oil  recovery  pipes  from  clogging.  Used as a
biodegradable  additive in fracking  fluid,  TPA has the same positive effect on
the  pipes  but is also  known to  reduce  scale  plugging  of rock  pores  thus
increasing the flow of oil and gas to the pipes from the rock. Many  alternative
chemicals are used to prevent pore plugging - TPA is the biodegradable choice.

SUN 27(TM) and N Savr 30(TM) are our nitrogen conservation products. Nitrogen is
a critical  fertilizer  but it is subject to loss through  bacterial  breakdown,
evaporation  and soil  runoff.  Both our nitrogen  products  are  becoming  well
respected.

SUN 27(TM) is used to conserve  nitrogen from attack by soil  bacterial  enzymes
while N Savr  30(TM) is directed  toward  nitrogen  loss  through  leaching  and
evaporation.  Both our  nitrogen  products  are equal to,  or better  than,  the
competing products and we have very compelling pricing.

Watersavr(TM):  We are continuing our efforts in the USA, Turkey, Africa, Chile,
Brazil parts of East-Asia and Australia. This could be the break-through year.

We like to illustrate the potential of WaterSavr(TM):  using it on Lake Mead for
6 months a year could save  166,000  acre feet per year.  This is the same as 56
billion  gallons.  It's not just water;  WaterSavr(TM)  can have huge effects on
city water budgets. Delivered water costs now exceed $1000 per acre foot in many
California cities and the total cost of saving an acre foot using  WaterSavr(TM)
is less than $200.  WaterSavr(TM)  can reduce  losses in reservoirs by 2 feet on
every acre.  One city we are in  discussions  with has 5,000 acres of  reservoir
surface  and could  reduce its water  purchase  budget by $7 million a year - $7
million  that could be  redirected  to help the  citizens in other ways.  We are
emphasizing  both  water  and  money   conservation  in  our  interactions  with
Californian and other prospects who purchase water at high rates.

Q2 and the rest of 2017

EX-10(TM),  our brand name for TPA for  agricultural  use, has peak uptake in Q1
but with  significant  sales on into Q2. The crop cycle is delayed in many parts
of the US this spring so EX-10(TM)  uptake has  continued  firmly into Q2. There
will be fewer sales in Q3; then uptake begins in Q4 for the 2018 crop season.

SUN  27(TM)  and  N  Savr  30(TM),  the  nitrogen   conservation   products  for
agriculture: We have also initiated a new sales program into Latin America. This
marketplace  is  counter-cyclical  to the North  American  market and is showing
strong interest in our nitrogen  products.  We think it's likely that sales will
begin in small amounts during Q2 and increase quarterly throughout the year. Our
goal is substantial  growth over the next 4 - 6 quarters with an annual bulge in
sales during Q1 each year when US sales are normally booked.

Growth in oilfield use of TPA driven by our  worldwide  sales efforts is likely.
Increased  rig  counts in  America  should  lead to  greater  sales  into the US
industry  while oil price  stability in the $50 per barrel range could result in
increased international sales as customers refocus on production growth.

                                       2
<PAGE>

WaterSavr(TM)  had a $50,000 sale to Mauritius in Q1, 2017 - this bodes well for
the 2017 year.  The Brazil  sale,  just  recently  announced,  is in the low six
figures.  An initial  contract is being negotiated in Honduras for delivery late
in the year and larger ones are  progressing in South Africa and Turkey.  Recent
trial results that showing savings of 45% in Southern California,  may result in
sales in both Q2 and Q3.  Water  costs  are now so high in  parts of SoCal  that
Watersavr(TM)  is able to cut water  acquisition  budgets by a factor of several
hundred percent more than the Watersavr(TM) cost - even in the winter months.

We are still  comfortable  predicting  that full year 2017 revenue will increase
significantly compared to 2016 once the discontinued  Ecosavr(TM) operations are
accounted for. We also expect that profits and operating cash flow will continue
to  increase.  The  usual  warning  applies  - that we  can't  control  customer
behavior,  shipping dates,  weather,  crop pricing, oil platform maintenance and
the other  variables of our business,  so quarterly  results will be unlikely to
form a straight line on a graph.

Highlights of the financial results:

Sales for the quarter decreased 12% to $4.7 million,  compared with $5.3 million
for Q1 2016.  The  result is a profit of $3.3  million or $0.28 per share in the
2017 period, compared to a gain of $741 thousand or $0.06 per share, in 2016. 22
cents of the Q1 2017 earnings are  represented by the fire  insurance  recovery.
Share count for 2017 was not  significantly  different due to the effects of the
January 2016 buyback being a full year old.

Working capital of $11.7 million is excellent  including $4.9 million in cash on
hand as well as a line of credit with Harris Bank of Chicago.  We are  confident
that we can execute our growth plans with our existing capital.

FSI  provides a non-GAAP  measure  useful for  judging  year over year  success.
"Operating cash flow" is arrived at by removing taxes,  interest,  depreciation,
option expenses and one-time items from the statement of operations.

For the quarter  ending March 2017,  operating cash flow was $1.16 million or 10
cents per share compared to $1.44 million or 13 cents per share for Q1 2016. The
2016 and 2017  numbers  are  based on shares  outstanding  that are less than 1%
different  now that the 2016  share  buyback  is more than a year old.  Detailed
information  on how to  reconcile  GAAP with  "Operating  Cash Flow"  numbers is
included in our news release of May 15th.

The  insurance  recovery  from the  Taber  fire had a large  effect  on our GAAP
results  in  Q1.  Additional   recoveries,   expenditures  of  rebuilding,   tax
adjustments,  depreciation on the new building and the amounts  received already
will affect our GAAP  financials  until Q1 2019 - the period allowed by Canadian
tax law before a final tax occurs on any profits from an insured event. We think
the GAAP financials  along with the operating cash flow will give a clearer view
of our success  until the effects of accounting  for the insurance  recovery are
over.

                                       3
<PAGE>

The text of this speech will be available on our website by Wednesday,  May 17th
and email or fax copies can be  requested  from Jason Bloom at 1 800 661 3560 or
Jason@flexiblesolutions.com.

Thank you, the floor is open for questions.






















                                       4

</TEXT>
</DOCUMENT>
