Description:
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Update Jul 14 2018: a clearer scan of this comic can be found at heckyeah’s place.
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The Magic Paintbox
Source: My Little Pony comic № 7 (1985)
In which Jack Frost is introduced, a surprisingly regular recurring character all things considered. Hey kids! Apparently it’s fine to wander off and spend the entire night with strangers doing new and unusual activities if you keep it a secret! Also contains a rare media appearance of the 1983 Show Stable toy.