Ann: Placement to raise up to $600,000 , page-2

This is at least moving things forward for the company. It is better than not doing anything. The shareholders have something to look forward to now.
The new shareholders look like they are getting very good value for the company.They bought in when something needs to be done despite having a very good project on hand and management or directors seemed to be frozen into not knowing what to do and also seems like a loss of direction.

As for the new shareholder coming in and and buying 100 million at .006c each, all they have to do is to spend another $100,000 buying in the market place will see their worth triple very quickly. This is only the beginning as a good project will probably see the SP 10 times the current value.This was the implied value when I initially bought into TNP shares.Good luck and good wishes to the incoming new shareholders.