I disagree completely with Mr. Cohan. I have spoken to admin at ISEC and they said they would definatly consider a buyout, of course the price would have to be right. The fact that they are majority held by Private Equity is even more telling. PE companies are in the business of makeing money and any offer that makes them money would be considered.
Likely no buyout since the company is controlled by a major private equity firm, but if you check the insider buying yo will note that Peter Michel,CEO has acquired roughly 15,000 shares round the current price in the past 90 days. Last time he purchased stock it was priced at about $0.25 per share and shares then moved substantially higher . It would appear to be a favorable leading indicator of a positive business outlook in 2011