SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange
Act of 1934.
November 5, 1997
Date of Report (Date of earliest event reported)
Cyclo3pss Corporation
(Exact name of Registrant as specified in its charter)
Delaware 0-22720 87-0455642
State of Commission File No. IRS Employer
Incorporation Identification No.
3646 West 2100 South
Salt Lake City, UT 84120
------------------------
(Address of principal executive offices)
(801) 972-9092
--------------
(Registrant's telephone number)
<PAGE>
Item 5. Other Events
On November 5, 1997, the Company closed a private offering of its common
stock. The offering was exempt from registration pursuant to Rule 506 of
Regulation as promulgated under the Securities Act of 1933, as amended, and/or
Section 4(2) of such Act. Gross offering proceeds were $1,250,000. The offering
proceeds will be used for general working capital purposes.
Effective October 31, 1997, John Williams resigned as the Chairman of the
Board of Directors and as a Director of the Company. Such resignation was not as
the result of any disagreement with the Company but was due to health and other
personal reasons. Mr. Williams has indicated that he will remain available to
assist the Company as a consultant as requested by the Company.
SIGNATURE
Pursuant to the requirements of the Securities Act of 1934, the Registrant
has duly caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
Cyclo3pss Corporation
Date: November 7, 1997
By: /s/ William R. Stoddard
William R. Stoddard
Chief Executive Officer
2