Good day and welcome to the Flexible Solutions International First Quarter 2016 Financial 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. Please go ahead, sir. Dan O’Brien: Thank you, Kim. Good morning. This is Dan O’Brien, CEO. The 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 first quarter 2016 conference call. Before focusing on the financials, I’d like to talk about our product lines and what we think may occur over the next several quarters. Our 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 we also manufacture 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 prevented from transforming into fully crystalline form by TPA, the fertilizer remains available to plants longer into the growing season. The firm but light attraction between the TPA and the fertilizer ions also reduces fertilizer run off. Keeping fertilizer easily available to crops, results in better yield with the same level of fertilization. TPA…

Yes, Mr. O’Brien [Operator Instructions] And we’ll go to our first question from William Gregozeski from Greenridge Global.

Hey Dan. With the exception of the Wichita Falls prior quarter, the pool products sales was your highest in five years? Is there any reason for that or… Dan O’Brien: Yes good morning, Bill. It’s not material, but it’s a good question. We have successfully got Walmart to carry our swimming pool products and we’re seeing pretty good sales from them. That was the driver -- one of the drivers for first quarter. The second one is Canadian Tire in Canada, that's a customer we’ve been pursuing for four or five years as well and they came on stream in this quarter. Walmart of course is the bigger of the two and it remains to be seen how much increased sales this is going to result in the rest of the year as well.

Oh! Congratulations on that. On the oilfield side, your top two customers had sales up 20% year-over-year. Was that just timing related or is there any sales going -- increases going on there that we could look forward to? Dan O’Brien: That one I’m going to have to be a little bit fuzzy on because I don’t know whether one of our smaller customers who was taken over by one of our bigger customers was back integrated into those year-over-year sales. I suspect they were in which case here is my fuzzy answer, we did get increased sales but certainly not at the 20% level. I am -- and you have to do your research on this because I’m not allowed to say anybody’s names, but one of our -- one of our big customers took over one of our other medium sized customers and inherited their sales.

Okay. All right and then last question is assuming that oil stays roughly around where it is, is low 40s gross margin a realistic target going forward? Dan O’Brien: It is depending on product mix because as you know, we do better with our agricultural sales because instead of just being an environmentally sound, our agricultural products actually give the farmer a profit whenever he uses them and as a result we’re able to charge a little bit more. So I think we’re in a smooth period right now. If oil prices stay where they are and nothing else changes in the world, I think we’re in -- we’re close to where our gross margins will be, but they’re going to vary and it’s going to be based on product mix and also our cost of raw materials, which even though it’s to some extent dependent on oil, there is also other macroeconomic factors like the Chinese currency shipping rates and few other things like that.

Okay. All right. Thanks Dan. Dan O’Brien: Thank you, Bill.

[Operator Instructions] And Mr. O’Brien, it appears we have no further questions. Dan O’Brien: Thank you, Kim. You did a great job. We look forward to the next one.

And ladies and gentlemen, that does conclude today's conference. Thank you for your participation. You may now disconnect.