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The support agreement contemplates that all trade claims whether arising prior to or after the commencement of the voluntary chapter 11 cases will be paid in full in the ordinary course of business, and that the company will continue operating its business without disruption to its customers, vendors, partners or employees. 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.

Posted by Anonymous at 3:19PM | (2 comments)

security system for home

Some people love the idea that they can install the system themselves, while others are concerned about being able to do the installation correctly. Additionally, some people want a professional to come to their home and show them how the system works, while others want to figure things out on their own. Which kind of person you are and what you can accommodate in your daily schedule are both going to matter when you are considering the installation options. With a DIY installation, there’s no need to worry about the timing: You simply get the equipment and hook it up when it’s convenient for you. That makes it a lot more convenient for people with busy schedules. But one problem with this kind of installation is that no one is there to walk you through how the system works.

Posted by Anonymous at 3:19PM | (2 comments)

burglar alarm wireless

I have chosen the top questions of the week and invite you to send me your feedback to . Now for our e bag. Important answers to consumers concerns Question from Frances Lee: Donna, how careful should baby boomers be when seeking financial advice?Answer: Frances, extremely careful and I can't begin to stress how careful. There are many so called financial advisers circling like sharks to try and grab business from aging baby boomers and retirees. So please be careful. Please read my reference below.

Posted by Anonymous at 3:19PM | (1 comments)