Introduction
I am by nature more comfortable evaluating and investing in "value" situations than I am with "growth" situations, but I had someone ask me about Envision Solar (EVSI) the other day and I said I would take a look. The company manufactures solar-powered EV charging stations and is currently both tiny (market cap under $30 million) and unprofitable (the company lost $3.6 million in 2018). What makes EVSI potentially exciting is the projected growth in ownership of electric vehicles and, consequently, the increasing demand for charging stations. The bull case for the