<SEC-DOCUMENT>0001004878-11-000130.txt : 20110411
<SEC-HEADER>0001004878-11-000130.hdr.sgml : 20110408
<ACCEPTANCE-DATETIME>20110411141814
ACCESSION NUMBER: 0001004878-11-000130
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20110407
ITEM INFORMATION: Results of Operations and Financial Condition
FILED AS OF DATE: 20110411
DATE AS OF CHANGE: 20110411
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: 11752388
BUSINESS ADDRESS:
STREET 1: 2614 QUEENSWOOD DR
CITY: VICTORIA B C V8N 1X5
STATE: A1
BUSINESS PHONE: 2504779969
MAIL ADDRESS:
STREET 1: 2614 QUEENSWOOD DR
CITY: VICTORIA BC CANADA
STATE: A1
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8kitem202april-11.txt
<DESCRIPTION>APRIL 7, 2011 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): April 7, 2011
FLEXIBLE SOLUTIONS INTERNATIONAL INC.
-------------------------------------
(Exact name of Registrant as specified in its charter)
Nevada 000-29649 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 April 7, 2011 the Company issued a press release announcing the
Company's first quarter financial results.
Item 9.01 Exhibits
Exhibit
Number Description of Document
------ -----------------------
99.1 Press Release issued April 7, 2011
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: April 8, 2011
FLEXIBLE SOLUTIONS INTERNATIONAL INC.
By: /s/ Daniel B. O'Brien
--------------------------------------
Daniel B. O'Brien, President and Chief
Executive Officer
3
<PAGE>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>form8kitem2020exh99april-11.txt
<DESCRIPTION>EXHIBIT 99
<TEXT>
EXHIBIT 99.1
<PAGE>
NEWS RELEASE April 7, 2011
FSI Announces First Quarter 2011 Revenue 29% Above 2010 Period
VICTORIA, BRITISH COLUMBIA, April, 7, 2011 - FLEXIBLE SOLUTIONS INTERNATIONAL,
INC. (AMEX: FSI, FRANKFURT: FXT), is the developer and manufacturer of
biodegradable and environmentally safe water and energy conservation
technologies, as well as oil field anti-scalant, detergent, water and
agricultural technology. Today the Company announces a significant year over
year increase in revenues for First Quarter (Q1), 2011.
Sales into oil extraction, agriculture and detergent industries were much higher
than in Q1, 2010. As a result, Flexible Solutions' top line revenue increased
from $3.38million (Q1, `10) to $4.36 million (Q1, `11), up 29% year over year.
The largest driver of FSI's sales growth was agricultural sales. The product is
used to increase fertilizer availability to crops giving higher yields with no
increase in the amount of fertilizer used.
CEO Dan O'Brien states, "This quarter's revenue confirms our strategy of
increased focus on sales into the agriculture market. World crop prices are very
strong, resulting in greater interest in ways to increase yields. We will
further our efforts in agriculture with the expectation of continued growth."
Mr. O'Brien adds, "It is also worth noting that this quarter is the first
quarter that FSI has achieved revenue above $4 million."
About Flexible Solutions International
Flexible Solutions International, Inc. (www.flexiblesolutions.com), based in
Victoria, British Columbia, is an environmental technology company specializing
in 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, further results in reduced
indoor humidity. The Company's Ecosavr product targets the residential swimming
pool market. The Company's Nanochem Solutions, Inc., subsidiary specializes in
environmentally friendly, green chemistry, water-soluble products utilizing
thermal polyaspartate (TPA) biopolymers. TPA beta-proteins are manufactured from
the common biological amino acid, L-aspartic acid.
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: Laura@flexiblesolutions.com
To find out more information about Flexible Solutions and our products please
visit www.flexiblesolutions.com
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>