Correspondence 0001493152-23-021569 from FLEXIBLE SOLUTIONS INTERNATIONAL INC (FSI) (CIK 0001069394) (FSI)
FLEXIBLE SOLUTIONS INTERNATIONAL INC (FSI) (CIK 0001069394)
Date: June 16, 2023 · CIK: 0001069394 · Accession: 0001493152-23-021569
AI Filing Summary & Sentiment
Referenced dates: June 12, 2023
Letter
HART & HART, LLC
ATTORNEYS AT LAW
1624 Washington Street
Denver, CO 80203
__________ harttrinen@aol.com
(303) 839-0061 Fax: (303) 839-5414
June 15, 2023
Jeanne Baker
Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549
Re: Flexible Solutions International, Inc.
Form 10-K filed on March 31, 2023
This office represents Flexible Solutions International, Inc. (the “Company”). The following is the Company’s response to the comment received from the staff by letter dated June 12, 2023.
The Company will include the following in the footnote regarding Equity Method Investment beginning with the Company’s 10-Q report for the period ended June 30, 2023.
“In the event that the Company has intra-entity profits with its investees, these profits are eliminated as if the investee was consolidated based on the percentage ownership of the investee. This profit remains eliminated until realized by the investee, being the time that the related assets no longer remain on the books of the investee. The Company does not recognize any intra-entity profit until the investee has sold such inventory.”
If you should have any questions concerning the foregoing, please do not hesitate to contact the undersigned.
Very Truly Yours,
HART & HART, LLC
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HART & HART, LLC
ATTORNEYS AT LAW
1624 Washington Street
Denver, CO 80203
__________
harttrinen@aol.com
(303) 839-0061
Fax: (303) 839-5414
June 15, 2023
Jeanne Baker
Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549
Re:
Flexible Solutions International, Inc.
Form 10-K filed on March 31, 2023
This office represents Flexible
Solutions International, Inc. (the “Company”). The following is the Company’s response to the comment received from
the staff by letter dated June 12, 2023.
The Company will include the following
in the footnote regarding Equity Method Investment beginning with the Company’s 10-Q report for the period ended June 30, 2023.
“In the event that the Company
has intra-entity profits with its investees, these profits are eliminated as if the investee was consolidated based on the percentage
ownership of the investee. This profit remains eliminated until realized by the investee, being the time that the related assets no longer
remain on the books of the investee. The Company does not recognize any intra-entity profit until the investee has sold such inventory.”
If you should have any questions
concerning the foregoing, please do not hesitate to contact the undersigned.
Very Truly Yours,
HART & HART, LLC
/s/ William T. Hart
William T. Hart