Happy New Year to all.The following is only my analysis of what...

Happy New Year to all.

The following is only my analysis of what has transpired in the last two months. I might be totally wrong.

The only negative (perceived as such !)thing that has changed in this stock (besides fall in price) in the last two months has been the exit of Mike Thomas. Otherwise, everything else is more advanced.

In hind sight it would have made better sense for the Board and Mike to have made an amicable separation with a nice golden handshake than to have nearly $60 million wiped from the market capp. I would not be surprised if Bruce Mathieson & Mike had certain disagreements which would explain the bad blood.

Bruce M is very tough in business & you don't want to be on his bad side. It would have been very easy for Bruce & his mates to wrap up Mike's parcel in the 50's. A few million dollars is no big hassle to these guys. Why line Mike's pockets when he is going to dump the stock anyway.

I doubt that Mike has much stock left (<1 million).
The only unknown is how many other shareholders came aboard together with Mike. As recent trading has shown all loose stock is being mopped up here in the low to mid 30's. As long as they are picking up 500k to a million shares daily, there is no need for them to be buying aggressively.

The next couple of weeks will put this stock back on track to be the stellar performer for 2014. I still expect within the next month to hear positive news re: FDA, new CEO etc.

My preferred play in ISN is to attempt to buy the OBs in the 20 cent range. You could easily see a move back above 40 over the next 3 months for a 100% plus return.