security alarm home
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.
The landline protection allows you to be protected if your landline is cut by an intruder with a siren that automatically sounds. The PiSECTOR 3G/4G Cellular and Landline All in one Wireless Security Alarm System DIY kit with Dual Network for Simultaneous Double Protection GS08 M20 will protect your home and your belongings with a high level of security equivalent to professional monitoring services. This DIY home security system has a dual network for double protection to your home and property at the same time with the GSM, Landline/VolP. This device will Auto Dial out or send you a SMS to alert you of an emergency. It covers cases of burglary, fire, flood, and SOS. These features are similar to other monitoring systems but allow you to do it yourself without having monthly monitoring fees. The chime function will notify you when someone enters your home. The PiSECTOR 3G/4G Cellular and Landline DIY home security system will notify you when the door/window is open with an auto detector to prevent you from arming the system while a door or window is open before leaving. You can override this feature by holding the ARM button. The stylish door/window gap detectors have strong 3M double sided sticking tape for easy installation. The microprocessor controlled pet immune feature sensors for detecting motion of objects above 50 lbs with pre analysis before alerting to minimize false alarms.