<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>form8kconfcallex992may-18.txt
<DESCRIPTION>EXHIBIT 99.2 CONF CALL
<TEXT>




                                  EXHIBIT 99.2




<PAGE>

Q1 2018

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 2018.

Before  addressing 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 now received a total of $8.8
million  Canadian from our insurance.  There will be no further  payments and it
should be noted that the final payment was provided after the end of the quarter
so it is not included in the Q1 financials.The Heatsavr(TM) liquid pool cover is
back in production to serve our worldwide  customer base. The property where the
fire took  place has been  listed  and will be sold when a  reasonable  offer is
received.

The NanoChem division, NCS, represents most of the revenue of FSI. This division
makes thermal  poly-aspartic acid, called TPA for short, a biodegradable polymer
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 for the plants to
use.  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 has a strong economic value 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  produced  using  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 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.

                                       1
<PAGE>

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. They utilize much more environmentally friendly solvents than some of
the competing products.

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.  Each of 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.

We like to illustrate the potential of WaterSavr(TM): using it on the Salton Sea
for 6 months a year would save 320,000 acre feet of water per year. This is more
than 100 billion gallons.  It's not just the 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  annual losses from
reservoirs by up to 2 feet per treated acre. Any municipality that pays Southern
California rates for water and is not using WaterSavr(TM) is wasting significant
tax revenue regardless of the drought conditions in any particular year.

Q2 and the rest of 2018

TPA,  SUN 27(TM) and N Savr 30(TM) for  agricultural  use have peak uptake in Q1
and were  strong as  expected.  Q2 should be good as well based on very  limited
data so far.  Q3 will be weaker  because  the crops will have  received  most of
their 2018 nutrition then in Q4 agriculture  should  strengthen to service early
buy and winter crop programs.

Oil, gas and Industrial  sales of TPA were not as strong in Q1 2018 as they were
in the same  period of 2017.  We are  working  to change  this and expect to see
improvement by 4th quarter of this year.

WaterSavr(TM)  sales have been slow so far in 2018. We get a constant  stream of
inquiries about  Watersavr(TM)  and continue to believe that the product line is
worth supporting.

We hope that full year 2018  revenue  will  increase  significantly  compared to
2017.  We would also expect that profits and  operating  cash flow will start to
increase  provided  that the cost of raw  materials do not increase more quickly
than we can move our pricing  upward.  The  accounting  effects of the fire will
distort the numbers  unpredictably until Q2 2019 and our 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.

                                       2
<PAGE>

Highlights of the financial results:

Sales for the quarter decreased 10% to $4.2 million, compared with $4.66 million
for Q1 2017.  The  result is a gain of $704  thousand  or $0.06 per share in the
2018 period, compared to a gain of $3.25 million or $0.28 per share, in 2017. If
the fire insurance repayment of Q1 2017 is backed out, the earnings per share in
both periods are 6 cents.  The major factor that  maintained  profits in Q1 2018
was product mix.  Over  several more  quarters,  the fire  accounting  will have
unusual and unpredictable effects on our financials.  The amounts should be less
and less over time.  We are working to increase our pricing to customers so that
the selling  prices  reflect the higher raw material costs which may result from
increased oil prices. This will proceed over the remainder of 2018.

Working capital is excellent,  including  substantial  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.

The  insurance  recovery  and site  remediation  costs from the Taber fire had a
large effect on our results in 2017 and this will continue for another year. The
final  recovery  in April 2018,  any tax  adjustments  and the amounts  received
already  will  affect  our GAAP  financials  until at least Q2 2019 - the period
allowed by  Canadian  tax law before a final tax occurs on any  profits  from an
insured  event.  It is highly  probable that our deferred tax asset shown on our
balance sheet will offset any tax owing on the insurance recovery.

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

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