-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PbvMiJIgk7Aslrl1zGYMe4yO8AYbn1Dcr+WUBCex5l2ExNQrP99JadY93JdTo8Mv cRIMfRhfuS91ng/MwufCrA== 0001025894-02-000638.txt : 20020912 0001025894-02-000638.hdr.sgml : 20020912 20020912123443 ACCESSION NUMBER: 0001025894-02-000638 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020905 ITEM INFORMATION: Other events FILED AS OF DATE: 20020912 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: 000-29649 FILM NUMBER: 02762278 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 8-K 1 fs_8k209.txt FORM 8-K U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 Date of Report (Earliest event reported): September 5th 2002 FLEXIBLE SOLUTIONS INTERNATIONAL INC. NEVADA 91-1922863 (State or other jurisdiction IRS employer Identification No.) of incorporation) 2614 Queenswood Dr., Victoria, BC Canada V8N 1X5 (Address of principal executive offices including zip code) 250 477 9969 (Issuer's telephone number including area code) ITEM 1. Changes in control of Registrant. None ITEM 2. Acquisition or Disposition of Assets. None ITEM 3. Bankruptcy or Receivership. None ITEM 4. Changes in Registrant's Certifying Accountant. None ITEM 5. Other Events On Sept 5th 2002, Flexible Solutions and Ondeo Nalco Company, a subsidiary of Suez, announced a distribution agreement between the companies for Flexible Solutions' "Water$avr" product. This distribution agreement is for a term of 5 years and is renewable provided that Ondeo Nalco meets the sales volumes agreed to. The volume of sales required over the 5 year term of the agreement totals US$25,000,000 (twenty five million dollars) The agreement provides for exclusive distribution rights for Ondeo Nalco to sell Water$avr in the mining industry, worldwide excluding India and Pakistan. It provides exclusive right to sell Water$avr to the municipal markets in the USA and Canada. It provides a non-exclusive right in all other industries and markets which are not covered by existing distribution agreements. As part of this agreement, Flexible Solutions has provided Ondeo Nalco with an option to purchase one million shares of Flexible Solutions' common stock at a strike price of $4.25. A further one million options with a strike price of $5.50 are exercisable only if Ondeo Nalco is in full compliance with all the sales requirements in the agreements. Both option agreements have a term of five years. ITEM 6. Resignations of Registrant's Directors. None. ITEM 7. Financial Statements and Exhibits. None ITEM 8. Change in Fiscal Year. None ITEM 9. Sale of Equity Securities Pursuant to Regulation S. None 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. Dated: September 5th 2002 FLEXIBLE SOLUTIONS INTERNATIONAL INC. /s/ DAN O'BRIEN Dan O'Brien President -----END PRIVACY-ENHANCED MESSAGE-----