<DOCUMENT>
<TYPE>EX-99
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<FILENAME>form8kconfcallex992aug-18.txt
<DESCRIPTION>EXHIBIT 99.2 SPEECH
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                                  EXHIBIT 99.2




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Q2 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 second quarter 2018.

Before addressing our financials,  I'd like to speak about our product lines and
what we think might occur over the next several quarters.

Insurance compensation from the fire has been received in full. There will be no
further  payments,  but the  accounting  and tax  effects of the  payments  will
continue to distort and complicate our financials for several more quarters. The
property  where the fire  took  place  has been  listed  and will be sold when a
reasonable offer is received.

Our NanoChem  division,  NCS,  represents nearly all 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 retains the
nutrients  closer to the plant roots.  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.  A recent trial on
alfalfa had the  interesting  result of  producing  130 extra pounds of milk per
acre. The alfalfa did not produce milk; it was fed to cows but the extra protein
and weight of alfalfa  per acre  converts  to milk using  ratio  standard in the
dairy industry. The TPA required to achieve the extra milk cost the dairy farmer
$5.

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
normally grow steadily but slowly. A simple  explanation of TPA's effect is that
it prevents the scaling out of minerals  that are part of the water  fraction of

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oil as it exits the rock  formation.  Scale  must be  prevented  to keep the oil
recovery pipes from clogging.

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  and sales  continue to grow.  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 while 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. A municipality,  such as San Diego,
that pays  $1200 - $2400 per acre foot for water and does not use  WaterSavr(TM)
is wasting  significant tax revenue  regardless of the drought conditions in any
particular year.

Q3 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 reported. Q2 was good but not exceptional.  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 Q2 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  compared to 2017,  even with
the need to replace the  shortfall  from the first 6 months of the year. We also
expect that profits and operating cash flow will 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  regular  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.

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Tariffs:  International  trade  issues in the form of new or  increased  tariffs
could affect our  business in the future.  We have been  planning to  counteract
negative  conditions  as we identify them and hope that our planning will result
in little net cost to our Company.  In addition to  continuous  research on what
may occur,  we have purchased  additional raw materials for near-term  delivery.
Extra inventory will give us time to cope with new conditions if they happen.

Highlights of the financial results:

Sales for the  quarter  decreased  12% to $4.14  million,  compared  with  $4.72
million for Q2 2017. The result is a gain of $2.14 million or $0.18 per share in
the 2018  period,  compared to a gain of $274  thousand  or $0.02 per share,  in
2017. If the fire insurance  repayment of Q2 2018 and the property cleanup costs
from Q2 2017 are backed out,  the earnings per share are roughly 4 cents in 2018
and roughly 5 cents in 2017. We are working  diligently to recover the year over
year  revenue  drop and  resume  growth as well as  increasing  our  pricing  to
customers so that the selling prices reflect the higher raw material costs which
reflect 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 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 through 2018 and into
2019. The final cash 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 the 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,  August
16th  and  email  or  fax  copies  can  be   requested   from  Jason   Bloom  at
Jason@flexiblesolutions.com.


Thank you, the floor is open for questions.
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