Issue: #4
"Trade-Offs"The story opens with the Oktober Guard making a covert insertion onto Cobra Island with a secret mission. While Colonel Brekhov, Daina, and Horrorshow make it ashore, Shrage and Stormavik have their boat sabotaged by the Joes who are also on a secret mission. On the other end of Cobra Island Fred VII, the false Cobra Commander, is holding a pep rally to try to boost moral after a fail...
Creators: Joe Rosen, Larry Hama, Herb Trimpe, Nel Yomtov, Bob Harras
Characters: Baroness, Hawk, Scarlett, Snake-Eyes, Croc Master, Zartan, Dr. Mindbender, Horrorshow, Daina, Schrage, Stormavik, Fred VII, Deep-Six, BATS, Shipwreck, Cutter, Serpentor, Colonel Brekhov, Torpedo, Wet-Suit