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Re: jockinmikeg post# 357531

Monday, 01/11/2016 8:38:02 PM

Monday, January 11, 2016 8:38:02 PM

Post# of 661839
FSI .9699, was a 6.9 mil float and 13.2 mil O/S. Privately bought back 1,750,000 shares and are returning those to the treasury.

Should lower the O/S to 11,450,000 and float to 5,150,000.
Item 1.01 Entry into a Material Definitive Agreement

On January 6, 2016 the Company purchased 1,750,000 shares of its common
stock owned by Aareno Enterprises, Ltd. Aareno Enterprises was formed by Robert
N. O'Brien in 2010 to hold his 1,750,000 shares of the Company's common stock.
Subsequent to Mr. O'Brien's death in March 2015, the ownership of Aareno
Enterprises was transferred to Helen T. O'Brien. Since there was a possibility
that a substantial number of the shares owned by Aareno Enterprises would need
to be sold to pay estate taxes, the Company believed that it was in the best
interest of the Company's shareholders to purchase the shares privately to avoid
having these shares sold in the public market and thereby depressing the price
of the Company's common stock. This share purchased from Aareno Enterprises will
be returned to treasury and will represent authorized but unissued shares.
PURCHASE AGREEMENT

1. Flexible Solutions International, Inc. (the "Company") hereby agrees to
purchase 1,750,000 shares of the Company's common stock owned by Aareno
Enterprises, Ltd. at a price of $0.90 per share.

2. The purchase price for the shares will be paid no later than January 29,
2016.

Agreed to and accepted:

FLEXIBLE SOLUTIONS INTERNATIONAL, INC.

January 6, 2016
By: /s/ Daniel B. O'Brien
-------------------------------------------
Daniel B. O'Brien, Chief Executive Officer


AARENO ENTERPRISES, LTD.


By: /s/ Helen T. O'Brien
-------------------------------------------
Authorized Officer

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