alarm systems for homes
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. With the rising cases of burglary, having a good security system has become a necessity for all homes.
Posted by Anonymous at 3:19PM | (7 comments)
burglar alarm panel
Schoettle shares his home in Southport with his wife, Elizabeth, three salty dogs and three sweet cats. Preferring to live in a “park like setting,” one of his primary goals each spring and summer is to see how seldom he can mow his front lawn. Owning a home comes with a ton of responsibilities, and topping this list is ensuring that it is well protected. After all, it is among your most significant investments. While there are many ways to safeguard your home such as having a dog or joining a neighborhood watch group, a home security system does a much better job in ensuring that your loved ones and your property are on the safe side. However with the myriads of security system services out there, choosing the right one can feel like an uphill climb as you’ll have to wade through tons of junk, before finding the perfect fit for your home. To spare you the agony and time, we put together
some key factors that will make finding the right home security system service a breeze. Now that you’ve decided the type of system you want, what unique features does it offer you and what sets it apart from the other systems in the home security system realm?For instance, nowadays, most DIY security systems come with a smartphone app through which you get alerts. Others come with automation features such as smart access control which makes it possible for you to remotely control your lights and door locks, hence enabling you to let people into your home even
when you are away without compromising its security. Others automatically send alerts whenever your pets or kids go into a restricted area, while others have automation features which automatically turn on your hallway lights in case of an intrusion. To sum it up, go for a system that is worth every cent you spend on it.
Posted by Anonymous at 3:19PM | (4 comments)
home security system houston
“We are excited to see new entrants in the home security industry,” Boyce said. “We believe these brands will increase consumer interest for security and smart home solutions and help grow the overall category. ”All of Defenders’ revenue comes from residential security systems installed nationwide, a total the company predicts will hit 2 million
next month. It has no immediate plans to go into corporate security. “We’re good at residential and the category is growing,” Boyce said. “We feel it’s underpenetrated. We can achieve our near term and
midterm growth goals in residential. We’re going to stay focused. ”And that means more than security. Of its clients, 85 percent employ some “smart home component,” Boyce said. That could include the ability to disarm the home alarm, lock a door, or look at security camera footage via a cellphone.
Posted by Anonymous at 3:19PM | (6 comments)