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Ascent will, subject to, among other things, the receipt of the requisite approval of Ascent’s stockholders, merge into
Monitronics. As a result of the merger, all assets of Ascent, including an anticipated approximately $23 million in cash, will become assets of Monitronics. Ascent’s stockholders are expected to receive approximately up to 5. 82 percent of the total shares of Monitronics common stock expected to be issued and outstanding immediately following completion of the reorganization and merger, but subject to dilution by certain shares issued under a management incentive plan for the company, in exchange for all then issued and outstanding shares of Ascent common stock. If, however, Ascent is expected to hold cash equal to or in excess of $20 million but less than the target cash amount as of the date of completion of the reorganization of Monitronics under the plan, the stockholders of Ascent will receive a proportionately lower percentage of shares of Monitronics common stock, and certain participants in the equity rights offering have agreed to contribute the shortfall. If Ascent is expected to hold less than $20 million in cash as of the date of completion of the reorganization of Monitronics under the plan, the merger will not be consummated, and certain participants in the equity rights offering have agreed to contribute the full target cash amount. Under the terms of the support agreement, Ascent must obtain approval for the merger from its stockholders within 65 days following the date on which Monitronics commences the chapter 11 cases. If the merger is not approved within 65 days following the petition date or the merger is not completed on the effective date of the plan for any reason, the merger will not occur, and the restructuring of Monitronics will be completed without the participation of Ascent. If the restructuring of Monitronics occurs without the participation of Ascent, Ascent’s equity interests in Monitronics will be cancelled without Ascent recovering any property or value on account of such equity interests. Reasons Why Wireless Home Security Is the Best Way to Protect Your Home!As a
homeowner and consumer, protecting your home should be your first priority. This is the place where you spend most of your time with loved ones and you have stored most of your assets.
Posted by Anonymous at 3:19PM | (2 comments)
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David has been writing articles for nearly 2 years. Come visit his latest website that discusses home
security and the best security systems for homes and great ways to find the best diy home security systems that
will make you feel safe during the night and help you save money. Article Source:https://EzineArticles. com/expert/David Patullo/339765Monitoring: 24/7, theft, fire, carbon monoxide, home control, free app for mobile access, email, text and phone alerts, video monitoring and glass break sensor for additional fee 5/5Pricing: $49. 99/mo. $28. 99 58. 99 package range, installation fee, six month money back guarantee, $500 theft security guarantee, deals for new customers 4/5Equipment: wired and cellular systems, 10 door/window sensors included, motion detector, keychain remote, state of the art devices 5/5Customer Support: free in home consultation, complaint level high, BBB rating of "B" 3/5CreditDonkey Score: 4. 25/5As with any company that's been around a long time, ADT needs to keep up with technology by adding other offerings to make it competitive. It's now adding voice commands, a "chaperone" service which serves as a virtual companion for entering unsafe places, and providing monitoring services to third party equipment manufacturers. In a recent CNET story, Ry Crist wrote: "By offering that monitoring to others, ADT capitalizes on its successful service side, while also strengthening the security offerings and easing the burden of a service overhead from any hardware partner that wants in.
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security alarms for homes
''We wanted to dosomething that would help people and make our
campus more accessible. ''
During the spring term, Yelamarthi and five senior engineering studentstested the cane, which is equipped with Radio Frequency Identificationtechnology, similar to what retailers put on products to keep them frombeing stolen. The Smart Cane contains an ultrasonic sensor that is paired with aminiaturenavigational system inside a messenger style bag worn across the shoulder. For the test, the students installed identification tags between twobuildings on the campus in Mount Pleasant, Mich. A speaker located on thebag strap gave audio alerts when the system detected an obstacle and toldthe user which direction to move. Students wearing glasses that simulate visual impairment tested the cane.
Posted by Anonymous at 3:19PM | (5 comments)