Usually offshore accounts are in countries that provide shelter from US tax laws, so that would rule out England, unless you're trying to imply that Mike is the source of the shares. I personally consider that unlikely since all of the shares he has issued should still be restricted.
Many "investors" who specialize in doing pp's or other funding for shares of pinkies use offshore accounts, so I'd assume that the seller has/had discounted shares to unload.
Who knows, maybe MK has some good news that he's been holding waiting for the seller to be gone before he cuts it loose...
Market Data 
Markets 
AI
