Written by Todd McFarlane and Brian Holguin. Art by Greg Capullo and Danny Miki. Cover by Greg Capullo and Todd McFarlane.
Billy Kincaid's ghost taunts Spawn about the recent innocent murders. Not only has Spawn been unable to prevent the killing of innocent people, but Billy warns him that things are just getting started. Elsewhere, Sam's wife and son become hostages on the commuter train. When Spawn intervenes to save the innocent people on the train, the gunman is inadvertently killed and becomes one of Billy Kincaid's ghostly crew. Later, Granny Blake feels Billy's ghostly presence and protectively warns him away from her family.