AMEX, FSI - Flexible Solutions International Inc
We were incorporated as Flexible Solutions, Ltd., a British Columbia corporation
inter-provincially registered in Alberta, on January 26, 1991. On May 12, 1998,
we merged Flexible Solutions Ltd. into Flexible Solutions International, Inc., a
Nevada corporation. In connection with this merger, we issued 7,000,000 shares
of common stock to the former shareholders of Flexible Solutions Ltd. in
exchange for all of the outstanding shares of Flexible Solutions Ltd.
In June 2004 we purchased 52 U.S. and 139 International patents, as well as a
56,780 sq. ft. manufacturing plant near Chicago, Illinois from the bankruptcy
estate of Donlar Corporation (?Donlar?) for $6.15 million. The patents that we
acquired from Donlar relate to water-soluble chemicals (?TPAs?) which prevent
corrosion and scaling in water pipes used in the petroleum, chemical, utility
and mining industries. ...
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