| Issue | #2 |
| Published | August 1987 |
| Cover Price | 0.75 USD |
| Pages | 36 |
| Editing | Carl Potts |
| Characters | Punisher |
| Genre | superhero |
| Pencils | Klaus Janson |
| Inks | Klaus Janson |
| Colors | Klaus Janson |
| Letters | Typeset |
| Characters | Punisher; GUEST: Valencia (death); VILLAINS: Curtis Hoyle (death); General Buktir Van Tranh (death) |
| Synopsis | Thinking that he is disaffected with his lot in life and wants to join their drug operation, Hoyle brings the Punisher to Bolivia to meet with a South Vietnamese general turned cocaine drug lord; When General Tranh commands Frank to shoot a Bolivian DEA agent to prove his loyalty, the Punisher rescues Valencia and the pair try to take out the heavily armed drug ring. |
| Genre | superhero |
| Script | Mike Baron |
| Pencils | Klaus Janson |
| Inks | Klaus Janson |
| Colors | Klaus Janson |
| Letters | Ken Bruzenak |
| Script | Carl Potts |
| Pencils | Carl Potts |
| Inks | Carl Potts |
| Letters | Typeset |
| Notes | Short bios of Baron, Janson and Potts. |