Supreme issue 22 came out in December 1994. Story, editing and lettering by Kurt Hathaway. But Rob Liefeld also did the story. It was scripted by Gary Carlson of Big Bang Comics fame. Layouts by Cedric Nocon, penciled by Mark Pajarillo, and inked by Norm Rapmund, Mark Morales and Vince Russell.
We begin the issue seeing a dwarf magician making a hammer that looks strikingly like Thor's hammer. When it's done, she sends it to Odin in Asgard.
It turns out this new hammer is Skjyllnir, the perfect copy of Mjollnir, except its powers only last 15 hours. Given to Thor, now he and Supreme can fight. Thank goodness. I was afraid this book would be about something.
They trade blows for a while Loki fumes and wants to see Thor lose. So he uses his spells to help
Supreme, such as when a mountain falls on top of him.
Supposedly he uses his magic to make Supreme angrier, but I've been reading this comic and Loki doesn't need to do anything to make Supreme angrier. That's his default state.
Thor separates Supreme from his hammer, but Supreme just calls it back to him. Meanwhile Baldr confronts Loki and makes him stop helping Supreme.
Even without the cheating, Supreme blasts Thor's hammer from him and then destroys the hammer, leaving Supreme the victor.
Just as Odin is declaring Supreme the victor, Baldr forces Loki to confess. Odin sends him to the netherworld.
Odin says that since Supreme won at the end without Loki's help, Supreme is the winner and can keep the hammer.
What!?! We have spent 14 issues, more than half with Supreme with no powers except those from the hammer of a watered down copy of Marvel's Thor. And now we've confirmed that he's going to keep using it for the foreseeable future? This is such a stupid comic.
Oh, and we're about to wade into a company-wide crossover, so this comic is about to get even stupider.
Ugh.