In a bowl, stir together peanut butter, honey, and vanilla extract.  Add oats, shredded coconut, and flaxseed meal and stir well to combine.  Fold in M&Ms and refrigerate the mixture for 30 minutes.  After the mixture has chilled, shape into balls.  I make mine about the size of a golfball.  Store in an airtight container in the fridge for up to one week.