Federal Comics' Fantastic Four #7

Federal Presents Fantastic Four #7 was published June 1985:

The cover is from Marvel Comics' Fantastic Four #257:

The stories:

Trapped!, originally published in Fantastic Four #255, June 1983 

[The Annihilation Gambit!], originally published in Fantastic Four #256, July 1983 

Fragments, originally published in Fantastic Four #257, August 1983 

The stories in this issue have been modified. 

Trapped! has been reduced from 22 pages to 21. This is done by reformatting two pages onto one page:

Here's the original two pages for comparison:

The final page of Trapped! announces the story is continued in The Annihilation Gambit in the following issue:

This text box is omitted from the Federal edition:

This is the splash page to The Annihilation Gambit!:

This splash page is omitted from the Federal edition, which segues from the end of Trapped! to the double page spread following The Annihilation Gambit!, which means this story is untitled and reduced by one page.

The final page of the original The Annihilation Gambit! includes a text box announcing Fragments in the following issue:

This has been removed in the Federal edition:

Fragments is reprinted in full, apart from the credits box and, obviously, the indicia on the splash page:

As striking as the black and white image is, the linework in the title is not as purposeful as it is in the original colour version:

The final page of Fragments announces the following issue's story Interlude:

This story does indeed open Federal Comics' Fantastic Four #8.

It is also worth noting that one of the panels in the Annihilation Gambit is virtually black and white:

This is lost in translation in the Federal edition for obvious reasons.

Fantastic Four #7 is unnumbered on the cover, however it is labelled as such on the left hand border of the splash page of Trapped!

The rear cover has the Battle of the Sounds ad, and the inner front and inner rear covers carry the Rock Video [1] and A Fantastic Rock Poster Magazine respectively. This combination of advertisements and the 9 written on the front cover of my copy (and at least two others I have spotted) confirm the June 1985 publication date.