Charge Enterprises Inc (fka CRGEQ)

[lnong]

I like what I saw in the news today, as well as the needed jump and interest in the stock.

So...although the headlines today say "GOIP Signs Merger Agreement with CUBEIT", I'm curious if this deal is really a MERGER or is it really an acquisition? I had to read to article below to understand the difference b/t Merger vs Acquisition.

https://www.investopedia.com/ask/answers/021815/what-difference-between-merger-and-acquisition.asp

If you read it, note that it states these points:
1. Acquisitions – sometimes called takeovers – generally carry a more negative connotation than mergers. Due to this reason, many acquiring companies refer to an acquisition as a merger even when it is clearly not.
2. Legally speaking, a merger requires two companies to consolidate into a new entity with a new ownership and management structure (ostensibly with members of each firm). An acquisition takes place when one company takes over all of the operational management decisions of another

Also, note in today's GOIG news that:
3. It mentions this: "Current management of CUBEIT will assume full operational control and all senior executive positions [of GOIG] at the time of closing"
4. It does NOT mention anything about a new joint company being created, a new ownership, nor a new management structure from this "merger".

So based on the 4 points listed above, I tend to think that CUBEIT is acquiring GOIP in a takeover deal, or acquisition. And then with that in mind, I want to throw out some questions I have:

- What's going to happen to the GOIG stock name/ticker?
- Will GOIG shares get converted to CUBEIT shares?
- For those who still have GOCOM stocks (like me) from GOIG, are those going to remain worthless in our trading accounts, or will they be obliterated from the universe??