Flexible Solutions International Announces Sale Of Florida LLC Units; Terms Of The Sale Are $2M Paid At Closing And $800K/ Year Paid Annually For 5-Years, Total Received Will Be $6M

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Flexible Solutions International Inc.

FSI

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FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE- AMERICAN: FSI), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. Today the Company announces the sale of units of the Florida LLC we invested in more than five years ago.

The terms of the sale are $2 million paid at closing and $800,000/year paid annually for five years. The total received will be $6 million. The original purchase price was $3.5 million.

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