I want to credit Konstantin Kostyukov with assisting me in conducting research on Emblaze and Alexander Granovsky. His help was invaluable.
Willi-Food is a very cheap micro-cap Israeli company, which produces, markets, and distributes kosher foods in Israel. The founders of the company, Williger brothers Joseph and Zwi, controlled the majority of the shares Willi-Food International (NASDAQ:WILC) via an Israeli-listed holding company Willi-Food Investment Ltd. (WFLD from this point on), have just agreed to abandon control of the company by selling their majority stakes to a single investor. For long suffering Willi-Food investors, who had to endure years of their erratic management of an otherwise very attractive business, this should have been the cause for celebration. Instead,...
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