home wireless alarm systems

home security comparison

Article Source:https://EzineArticles. com/expert/Fraser Wheaton/69173Ascent Capital Group Inc. reported that the company is confident, based on the support agreement reached with its largest creditors, that it will be able to meet its financial commitments and otherwise continue to operate its business as usual throughout the restructuring period, including paying its employees, dealers and suppliers in the normal course of business and providing home security to all of its customers. As part of the anticipated chapter 11 process, the company has secured a commitment for $245 million in debtor in possession DIP financing that will be replaced by $295 million in exit financing at the completion of the reorganization. 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.

security system

Not only that but monitored systems had to be connected to the monitoring station by a land phone line that could also be cut to disable that end of the system as well. With new wireless technology the actual components that make up the total system operate without wires and communicate with the control panel by radio waves. Each component is powered by a small battery that lasts up to three years and the component itself is programmed to signal the control panel when the battery runs low, so there is never a chance of a battery running dead. With new advancements in micro electronics technology a modern up to date security system not only protects your home and property so much more efficiently with multiple layers of security but the the systems also has self protection elements in it that prevent it from being bypassed. Yet another new feature of todays alarm and security systems is a new user friendliness. In fact, todays home security systems are activated and deactivated using a small button device that is carried on your key chain and function just like the clicker that you use for your car alarm.