Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
United Protection Security Group Inc. - Corporate Update

EDMONTON, Feb. 20, 2013 /CNW/ - L. Cunningham, Chairman of the Board of Directors' of United Protection Security Group Inc. (UPSG or the Company), (TSX-V: UZZ) is pleased to announce the following corporate update:

Further to a press release dated August 1, 2012 announcing that the Company has increased its financing facility from $4.5M USD to $7M USD, the Board of Directors has by a majority vote granted Mr. Ramsoondar, President and CEO of the Company 8 million shares of the Company at a deemed price of $0.05 per share and $50,000 in cash, by way of compensation for him guaranteeing the increase in the financing facility for the Company. Mr. Ramsoondar also has personally guaranteed a 5-year term-debt of the Company in the amount of $680K, which was used to fund an acquisition in 2012.

Prior to the approval by the Board of Directors, the Company appointed an independent law firm to review Mr. Ramsoondar's guarantee documents and have reconfirmed that the guarantees are enforceable against Mr. Ramsoondar by the Lender.

The overall personal exposure of Mr. Ramsoondar is $7.68M. The total compensation issued to Mr. Ramsoondar for his personal guarantees is 11.07%, under the TSX-Venture Exchange rules the Company was entitled to issue Mr. Ramsoondar up to 20% of the guarantee totals.

The transaction is subject to the approval of the TSX-Venture Exchange.

Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks related to business development and retention, and risks related to the current economic and credit conditions. As a result, actual results may vary materially from those described in the forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE United Protection Security Group Inc.

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
File sync and share. Endpoint protection. Both are massive opportunities for today’s enterprise thanks to their business benefits and widespread user appeal. But one size does not fit all, especially user-adopted consumer technologies. Organizations must apply the right enterpris...
Simply defined the SDDC promises that you’ll be able to treat “all” of your IT infrastructure as if it’s completely malleable. That there are no restrictions to how you can use and assign everything from border controls to VM size as long as you stay within the technical capabili...
Today, developers and business units are leading the charge to cloud computing. The primary driver: faster access to computing resources by using the cloud's automated infrastructure provisioning. However, fast access to infrastructure exposes the next friction point: creating, d...
Most companies only analyze subsets of their business data and fragmented data in several places – there is nothing “big” about that. By freeing IT time and resources, the process of analyzing your data can be streamlined, ensuring that all the data is in the system, complete, an...
In this report Enterprise Management Associates (EMA) analysts explore the ways in which gaining visibility and control over high-privilege access helps organizations achieve regulatory compliance, assure responsible governance, and improve security all while reducing IT operatio...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE

Breaking Cloud Computing News

PLEASANTON, Calif., April 24, 2014 /PRNewswire/ -- HPM Networks has been named to CRN's 2014 Tech...