This issue is a variant of The Punisher Magazine (Marvel, 1989 series) #1 [Direct].
Zeck pencils credit confirmed and Texeira painting credit supplied by www.mikezeck.com (15 June 2011).
Zimelman paints over Zeck art. The illustration originally intended to be the cover was instead used as an on-sale poster. It was later used as cover for Magnum (Bladkompaniet AS, 1988 series) #12/1992. Zeck's web site (http://www.mikezeck.com/pages/checklist/marvel/marvel3/punisher/punisher...) indicates that he did not ink the pencils for publication.