The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ASA INTERNATIONAL GROUP PLC COM G0R8A4107 11,173 3,486,868 SH   SOLE   3,486,868 0 0
BANCO INTER SA COM P1S6FG106 22,144 3,499,011 SH   SOLE   3,499,011 0 0
CHINA SUNSINE CHEMICAL HOLDINGS LTD COM Y15198115 4,025 10,750,800 SH   SOLE   10,750,800 0 0
CIMPRESS PLC SHS EURO G2143T103 6,581 75,000 SH   SOLE   75,000 0 0
CREDIT ACCEP CORP MICH COM 225310101 8,793 25,402 SH   SOLE   25,402 0 0
DINO POLSKA SA COM X188AF102 15,949 205,741 SH   SOLE   205,741 0 0
EXP WORLD HLDGS INC COM 30212W100 9,468 150,000 SH   SOLE   150,000 0 0
GAIA INC NEW CL A 36269P104 1,710 173,064 SH   SOLE   173,064 0 0
GOEASY LTD COM 380355107 30,381 400,000 SH   SOLE   400,000 0 0
GOODFOOD MARKET CORP COM 38217M100 7,678 806,100 SH   SOLE   806,100 0 0
HUTTIG BLDG PRODS INC COM 448451104 1,201 327,206 SH   SOLE   327,206 0 0
IAC INTERACTIVECORP NEW COM 44891N109 18,935 100,000 SH   SOLE   100,000 0 0
JET2 PLC COM G5112P101 9,770 500,000 SH   SOLE   500,000 0 0
NORWEGIAN FINANS HOLDING ASA COM R6349B103 12,033 1,411,189 SH   SOLE   1,411,189 0 0
OPEN LENDING CORP COM CL A 68373J104 10,488 300,000 SH   SOLE   300,000 0 0
SEI INVTS CO COM 784117103 8,621 150,000 SH   SOLE   150,000 0 0