| Issue | #3 |
| Published | December 1983 |
| Cover Price | 1.00 USD |
| Pages | 36 |
| Editing | Mike Gold |
| Characters | Reuben Flagg; Mandy Kreiger; Raul |
| Genre | science fiction |
| Pencils | Howard Chaykin (signed) |
| Inks | Howard Chaykin (signed) |
| Reprinted | in American Flagg!: The Definitive Edition (Image and Dynamic Forces, 2008 series) #1 |
| Synopsis | A company-wide promotional for First Comics. |
| Script | Mike Gold |
| Letters | typeset |
| Notes | inside front cover. |
| Characters | Reuben Flagg; Mandy Kreiger; Charles Blitz; Raul; Martin Flotsky; Nadine Domeczek; John Scheiskopf; Harris Angrilli; Medea Blitz; Cyril Farid-Khan |
| Synopsis | Flagg solves the mystery of the murder of Hilton Kreiger. |
| Genre | science fiction |
| Script | Howard Chaykin |
| Pencils | Howard Chaykin |
| Inks | Howard Chaykin |
| Colors | Leslie Zahler |
| Letters | Ken Bruzenak |
| Reprinted | in American Flagg!: Hard Times (First Comics Graphic Novel Number Three) (First, 1985 series) [nn]; in American Flagg!: The Definitive Edition (Image and Dynamic Forces, 2008 series) #1 |
| Synopsis | An advertisement for Bud Plant, Inc, a bookseller. |
| Synopsis | An advertisement for Glenwood Distributors, a comics wholesaler. |
| Synopsis | Letters of comment from Cat Yronwode, Columbia MO; Jeff Gelb, Redondo Beach CA; Mike Wieteska, Schaumburg IL; Charles Lawrence, Greenville NC |
| Script | Mike Gold |
| Letters | typeset |
| Synopsis | A discussion of early independent comics. |
| Script | Charles Meyerson |
| Letters | typeset |
| Synopsis | An in-house promotional for Starslayer #11, E-Man #9, American Flagg #3, John Sable #7, Warp #9. |
| Notes | Inside back cover |
| Synopsis | In-house promotional for Warp Special #2 |
| Notes | back cover |