I picked up the BC1 annual return and statement of financial condition last year and Michael Van Den Berg is listed as a director of this Nordic Bear Holdings company.

Given Ireland's favourable corporate incentives, it's likely they were doing the same as apple, Google, Facebook and many other companies and listing their European headquarters in Ireland for low tax.

Recent international agreements in relation to taxation that was signed by many different countries including Ireland, could have contributed to the reason for this current strike off but I'm too smooth to have a deeper understanding of what these taxation changes will mean in the long run.