CYCLOPSS Corp., Salt Lake City, UT, has completed the equity transaction with Procter & Gamble as announced last month. Under the terms of the agreement, P&G has converted one half of the principal loan amount of a debt financing that took place one year ago, and the interest accrued to date, into equity in Cyclopss.The remaining balance due under the terms of the original financing has been extended to a due date of Feb. 28, 2002. P&G has also been granted the right, under the te...