Membership includes Jerry Bails (Central Mailer), Paul Gambaccini, Bob Jennings, Daniel Alderson, John & Tom McGeehan, Richard Kyle, David Castronuovo, Marc Nadel, Pete Jackson, David Kaler, Pete Phillips, Duncan Robertson, John Ryan, Elliot Brill, Ronn Foss, Dennis Richard, Joe Hehn, Bill Spicer, Howard Keltner and Al Kuhfeld.

Cover by Biljo White and Jerry Bails

Contributions include Agent X Reporting (Bails), Views and Verdict (Nadel), The Rambling Roamer #1 (Jackson), Listen Here! (Gambaccini), Small Talk (Johnson), Data Sheet (Bails), Checklist of Features in Comic Books of the First Heroic Age (Keltner), An Index of Periodical Literature Pertaining to Comics (Brill) and an ad for The Official Guidebook to Comics Fandom (Spicer)

Back cover is blank

Membership roster not given

Cover by Howard Keltner

Contributions include Agent X Reporting (Bails), Edgemar Milk is Supermilk (bumper sticker inclusion, Patten), Operation Ishfael Part Two (Moslander), The World of Ryandom (Ryan), Richard Kyle's Wonderworld #3 (Kyle), Shmoz #1 (Castora), Secrets Behind All-Star Comics (Bails), The Rambling Roamer #2 (Jackson), Heavy Water #2 (Patten), Miss Suzy Fandom (Miller), Barton Werper - Apprentice Imitator (Hulan), Listen Here! (Gambaccini), Questionnaire for CAPA-alphans (Bails), Looking Back - And Ahead (Foss)

Reproduction by ditto and mimeograph

Back cover by Ronn Foss