Well that's what it seems to come down to. The town that Doctor Druid and Cap stumble into not only is full of werewolves, they are created from a meta-serum. In this case at least two of the "donors" are Jack Russell and John Jameson. The plot and art for this second part of the arc is fairly good, but seems to take a vacation in the middle of this issues story. The missing piece will hopefully be filled in next issue. Who is the mysterious figure in the shadows and what is his master plan for the serum and the Moon-Stone?