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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. This is because it will help you protect your family and your assets. Here are reasons why you should consider a wireless security system. Wire freeTraditional security units are plugged into walls and connected to your telephone line.

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Alternatively one can also get the system installed by a contractor or a company specialized in the service at a nominal cost. Word count: 590What better topic to discuss this time than smart security devices that are simple to use, in addition to being smarter and in most cases cheaper than your average home security system?Cocoon Although very small, Cocoon pictured above has a few aces up its sleeve. It will keep your place safe by tracking noise levels and reporting any unusual sounds via the Cocoon app on your smartphone. Cocoon is being featured on Indiegogo, with shipping to backers scheduled for December 2015. At the time of writing this article, only a triple pack three devices was available for purchase, for $999. With this all in one device, you get a motion activated security camera, as well as air quality, humidity and temperature sensors. That makes Canary ideal for pairing up with automation enabled air conditioners and heaters, thus further increasing its already impressive set of features. Once motion detection has been triggered, night vision enabled cameras turn on, sending a feed to your phone and allowing you to fire a very loud 90 decibel alarm think Boeing 737 loud, call the police or ignore the event altogether. The device will save these videos by default, so you can review them later. Although Canary is a one time purchase, there are subscription plans available to increase the length of recorded video history from the default 12 hours up to 30 days and enable you to bookmark more than five videos. Canary costs $249.