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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. Installing a new security system may feel like the last thing you want to deal with, but if you take the time to consider your options, you may find that it’s actually very easy to do and something that won’t get in the way of the rest of your move.

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01.14.2007 | 34 Comments

Then I get to pick green beans. Then snap, blanch, and freeze them. I’d rather stab at my kneecaps with the business end of a darning needle. This was so full of good clean fun. A few answers required some thought such ascanoe, not a lanyard or fire building or making a bird house out of popsicle sticks?The peachy car that turned out to be a lemon?On order started out in my mind as in utero. That SE corner was rather exotic and unexpected.

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01.14.2007 | 16 Comments

Here are instructions to give your house sitter so she can keep your home safe. Mention finicky locks Are there any finicky locks in your home?Maybe the deadbolt on the back door only shuts if you pull the door tight and flush with the frame. Maybe a simple knob lock can unlock if not turned entirely vertically. These finicky locks can leave your home vulnerable if your house sitter doesn’t know how to manipulate them. Mention windows/doors that don’t close entirely You may have some windows… Read moreDogs are a man’s best friend, but they can also be a man’s security guard. Actually, a dog can be an entire family’s security guard. With an impeccable sense of smell and sensitive ears, dogs can be aware of a threat long before you. Sure, they do the adorable thing of wagging their tails and running around the house when a loved one pulls into the driveway, but they can also do the very helpful thing of growling, barking, and sounding the alarm when a not so loved individual shows up. That being said, dogs are just four legged friends in the end and are capable of human error—or, rather, canine error. Here are ways dogs help and hinder home security. They scare off burglars with barking Burglars don’t typically want to mess with a house where there is a dog inside.