A text from a friend on Wednesday alerted me to an exploding stock, as SPI Energy’s share price spiked by 4,000% in a matter of hours. As someone who’s supposed to be abreast of activities across the energy sector, I felt mortified that I hadn’t even heard of the company before. But looking deeper, I wasn’t surprised, the Hong Kong registered company with headquarters in San Francisco, which mainly engages in the EPC services for solar projects, is tiny. Revenues for the company only amounted to $98 million in 2019, when it incurred a net loss of $15.1 million. In fact, revenues have been declining fairly consistently over the past few years, to the point where, in May, it was…