Item 8.01 Other Events

On February 2nd 2009, the board of Directors of Flexible Solutions International Inc. approved the following changes to warrants issued in April and June 2005 in connection with capital raises:

º For 954,000 warrants issued in April 2005, the exercise price was lowered to $4.00 from $4.50 per share and the expiration date was extended to July 31st 2009.
º For 87,400 warrants issued in June 2005, the exercise price was lowered to $4.00 from $4.50 per share and the expiration date was extended to July 31st 2009.