Earnings Labs

Flexible Solutions International, Inc. (FSI)

Q3 2015 Earnings Call· Mon, Nov 16, 2015

$6.53

+0.31%

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Transcript

Operator

Operator

Good day ladies and gentlemen, and welcome to the Flexible Solutions International Third Quarter 2015 Results Conference Call. Today’s conference is being recorded. At this time, I would like to turn the conference over to Mr. Dan O’Brien, Chief Executive Officer of Flexible Solutions. Please go ahead, sir. Dan O’Brien: Thank you, Catherine. Good morning. This is Dan O’Brien. Safe Harbor provision, the Private Securities Litigation Reform Act of 1995 provides a Safe Harbor for forward-looking statements. Certain of the statements contained herein which are not historical facts are forward-looking statements with respect to events, the occurrence of which involves risks and uncertainties. These forward-looking statements may be impacted either positively or negatively by various factors. Information concerning potential factors that could affect the Company is detailed from time-to-time in the Company’s reports filed with the Securities and Exchange Commission. Welcome to the FSI conference call for third quarter of 2015. Before focusing on the financials, I’d like to talk about our product lines and what we think may occur over the several quarters. The NanoChem division represents most of the revenues of FSI. This division makes thermal polyaspartic acid called TPA for short, a biodegradable protein with many valuable uses and also manufacturers which are SUN 27 and N Savr 30 which are used to reduce nitrogen fertilizer loss from soil. TPA is used in agriculture to significantly increase crop yield, the method of action is through limiting crystal embryonic growth between fertilizer IMs and other IMs in the soil. When embryonic crystals are preventing from transforming into fully crystalline form by TPA, the fertilizer remains available to plants longer into the season. The firm with later traction between the TPA and the fertilizer ions also reduces fertilizer run off. Keeping fertilizer easily available to crops results in better…

Operator

Operator

[Operator Instructions] And Mr. O’Brien, it appears we have no questions from the phone audience at this time, sir. Dan O’Brien: Thank you, everyone. Thank you for joining us today and for listening so patiently. I look forward to speaking to you at the end of the year when we have our full year's results. Thank you and Catherine, you can close the conference.

Operator

Operator

Thank you. And again ladies and gentlemen, that does conclude today's conference. Thank you all again for your participation.