When U.S. Marine veteran Frank Castle's family's was murdered for witnessing a mob hit, the man vowed to avenge their deaths and became a one-man army in his personal war against the criminal underworld. With a distinct death's head skull adorning his chest, Frank Castle became the vigilante known as the Punisher.
No if you read up on the bloodstones capabilities it should explain how Frank has returned. It was only a matter of time before the stone rejuvenated him, that is what it does it increases stregnth and durability as well as excelerates healing and makes the user immortal. My theory is that Morbius knew this but didn't want Frank out of action while the stone was at work fixing him, so he put him back together so he could still fight while the bloodestone repaired his entire body. Frankencastle was like an incubation period. Remember Ulysses Bloodstone took years to heal 1 leg he lost and put himself into a self induced sleep while it healed. So rather than let frank heal through sleep, Morbius rebuilt him and probably figured in time the Bloodstone would do what it was ment to do.
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