excerpt: MSTI Holdings, Inc. (OTCBB: MSHI), a carrier class communications technology company that specializes in providing "quadruple play" services consisting of video, voice, Internet and Wi-Fi to multi-tenant unit and multi-dwelling unit residential, hospitality and commercial properties, announced that its wholly-owned subsidiary, Microwave Satellite Technologies, Inc., has expanded its current customer base by offering its services to 220 apartment homes in the new North Tower of the Shore Condominium Residences at Newport. The company also entered into a Securities Purchase Agreement which prohibits it from issuing shares of common stock or common stock equivalents until 90 days after a registration statement registering all of the common stock underlying the Debentures and Warrants is declared effective by the Securities and Exchange Commission. Shares dropped $0.10, to finish the week at $0.53.
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