Recaps

At Midtown School of Science and Technology’s graduation ceremony, Lee Si escaped his enthusiastic fans and shared a quiet moment with Gwen, who confessed she felt she was falling behind him. He tried to give her a ring and invite her to lead Lee Stein Industries, only to learn she had already begun studying business administration.

• Lee Si and Gwen left a crowd of fans, including Flash, who bragged that he had sparred with Lee Si.
• Lee Si and Gwen walked around the school field, where Hulk ran off to play with nearby children.
• Gwen told Lee Si she felt he was drifting away while she struggled to catch up with him.
• Lee Si tried to give Gwen a small box, but children repeatedly interrupted him while playing with Hulk.
• Lee Si frightened the children by having Hulk bark at them, and Gwen pulled him away.
• Gwen tried on the liquid-like green-stone ring as Lee Si offered her the CEO position at Lee Stein Industries, and she revealed she had started studying business administration two months earlier.

Gwen brought Lee to Midtown School of Science and Technology’s graduation ceremony, where he reluctantly gave an improvised speech about how laziness had driven his inventions and success. He finished by dodging a graduate’s teasing question about whether he had simply been too lazy to write a speech.

• Gwen reminded Lee that she had volunteered him to speak as the graduates’ representative and led him to the ceremony.
• After the administrators’ speeches, Lee took the stage without prepared remarks and promised to explain the secret to success.
• Lee argued that productive laziness spurred invention and described how it had shaped his studies and decision to build Bumblebee.
• Lee said his childhood dream of saving the world led him to combine a sports car with a robot rather than build one from scratch.
• A graduate asked if Lee had been too lazy to write a speech, and Lee replied that he was too lazy to answer.

After Li Si’s graduation speech sparked online discussion, he struggled with the knowledge that Max would be transformed into Electro on his birthday. He wished Max a happy birthday and urged him to come home early, but ultimately let him leave for work, deciding that Electro’s power was too valuable to give up.

• Li Si finished his graduation speech, and the graduates collected their diplomas.
• Peter Parker blamed Li Si’s hot pot for giving him diarrhea before going up to receive his diploma.
• A video of Li Si’s speech spread online, and five days later his Genius Scientist template reached 2% progress.
• Li Si brought Max a birthday cake and suggested celebrating after work, while Max asked him not to serve hot pot.
• Li Si called after Max to tell him to come home early, then let him leave for work.
• Li Si decided that Max needed to become Electro to help fight the Hound Organization’s Hunter squad, and went back to bed.

Norman Osborn died after revealing to Harry that the Osborn family’s hereditary disease would soon affect him. As Harry inherited Oscorp and Mendel Stromm showed signs of ambition, Max was ordered to fix a power problem in the Genetics Laboratory, delaying his birthday plans.

• Harry visited the dying Norman, confronted him over his neglect, and learned that Retroviral Hyperplasia was hereditary and would begin at his age.
• Norman Osborn died, Harry inherited his estate, and Oscorp called a board meeting to stabilize the company and appoint Harry chairman.
• Mendel Stromm revealed his ambition after Norman was no longer there to restrain him.
• Max prepared to leave Oscorp for his birthday but Smith ordered him to repair a power problem in the Genetics Laboratory.
• Max reluctantly went to the laboratory and called Gilbert to shut off power to Section 32, but Gilbert said he had already left.

Li Si stormed into Oscorp’s Genetics Laboratory to retrieve Max Dillon’s body, fighting the men Mendel Stromm had sent to conceal the accident. After defeating them, Li Si carried Max’s corpse toward the elevator.

• Mendel Stromm ordered his bodyguard to keep Max Dillon’s death quiet and make sure he remained a nobody.
• Li Si arrived at Oscorp Tower and knocked out the guards blocking the Genetics Laboratory.
• Li Si refused to take Mendel Stromm’s call and attacked the men cleaning up the lab.
• Li Si dodged their gunfire, severed the attackers’ trigger fingers with Metal Playing Cards, and knocked them unconscious.
• Li Si picked up Max Dillon’s dried-up corpse and headed for the elevator.

Li Si waited for Max to awaken after his transformation and helped him control his irritability. When Max worried that Li Si would see him as a monster, Li Si transformed into a giant Lizard to reassure him.

• Li Si sat beside Max and reflected on his anger and guilt while Max lay unconscious.
• Blue light filled the room as Max's charred shell cracked, and he jolted awake with electricity coursing through his body.
• Max remembered his transformation and grew irritable, but Li Si guided him until he calmed down.
• Li Si explained Max's mutation, and Max joked that he should call himself Electro rather than Electric Eel Man.
• Max asked whether Li Si would see him as a freak, so Li Si used his serum to transform into a towering green giant.

Li Si demonstrated his reversible Lizard transformation to Max and explained how it drained his body. He then suggested Max could use his electricity powers to restore a human appearance and perhaps develop energy-matter conversion technology, leaving Max eager to study and experiment.

• Li Si transformed into a giant Lizard-man to cheer Max up, but Max joked that Li Si was uglier.
• Li Si injected himself with reversal serum and explained that the transformation consumed energy and left most of its broken-down nutrients as waste.
• Max envied Li Si's ability to change back, and Li Si said Max's altered body was less unfortunate than becoming the Thing or Sandman.
• Li Si told Max that his ability to become electricity suggested he could convert electricity and matter into cells and tissues, potentially restoring his human form.
• Max became excited by the possibility of becoming a scientist more famous than Tony Stark and vowed to study his powers.

Li Stein prepared to expose Oscorp’s crimes and declared war on the company, while Max and Dr. Connors helped him publish evidence. The videos went viral overnight, leaving the public stunned and eager to see what Li would do next.

• Li Stein reassured Max that Oscorp would regret retaliation and told him the exposure could clear his and Dr. Connors’s names.
• Li Stein ordered Bumblebee to upload the recordings as he prepared to expose Oscorp.
• Jared saw Li Stein’s post and watched Dr. Curt Connors describe Norman Osborn forcing him to use an unfinished serum and conducting experiments on veterans.
• Jared watched Max Dillon reveal that Oscorp had stolen his power-grid design and kept his death secret.
• Li Stein accused Oscorp of covering up Max’s death and turning Dr. Connors into the Lizard, then declared war on the company.
• Jared and countless other viewers reacted to the videos, which sparked widespread controversy and anticipation.

Li Si and Gwen traveled to Malibu to visit Tony Stark after Li Si’s public accusations against Oscorp sparked a media storm and caused its stock to plunge. Li Si arrived planning to repay a debt and borrow something, while Tony greeted him with irritation.

• Li Si’s tweets about Oscorp’s treatment of the Lizard and his declaration of war dominated the news, and Oscorp’s stock price fell sharply.
• Li Si received calls from Nick Fury, Jonathan, and George Stacy, while Gwen visited him; Peter Parker did not contact him.
• Li Si drove Gwen to Tony Stark’s Malibu villa, saying he intended to repay a debt and borrow something.
• Tony Stark refused to welcome Li Si, but Pepper Potts let Li Si and Gwen inside.
• Li Si and Tony traded barbs while Gwen and Pepper chatted together.

Li Si offered Tony Stark five percent of the Stark Group to repay his debt, but Tony proposed waiving the debt in exchange for two conditions. Li Si realized Tony’s six-month delay was tied to his worsening palladium poisoning.

• Li Si offered Tony Stark a five-percent share transfer to cover his debt and interest.
• Tony Stark offered to waive the debt and transfer additional shares if Li Si fulfilled a promise to step up when needed.
• Tony Stark said he would reveal a second condition in six months and offered the suit technology if Li Si agreed.
• Li Si understood that Tony Stark had set the six-month timeframe because palladium poisoning threatened his life.

Li Si rejected Tony Stark’s offer to take over as Iron Man and dismissed the armor as something he could build himself. As Pepper Potts reviewed the stock transfer contract, Li Si hinted that Tony would soon meet someone even more shameless than him.

• Li Si realized Tony Stark was preparing to leave behind the Iron Man identity in case his palladium poisoning killed him, and privately questioned why Tony insisted on wearing the armor himself.
• Li Si rejected Tony Stark’s conditions, saying he did not want to become a superhero or be tied to the Stark Group.
• Li Si said he could build his own armor and claimed he had miniaturized a Cold Fusion Reactor, but Tony Stark did not believe him.
• Tony Stark asked Pepper Potts to review the stock transfer contract while Gwen stood beside Li Si.
• Li Si teased Tony Stark about his inexperience with shameless people and hinted that he would soon meet someone worse.

Li Si asked Tony Stark to lend him staff and named Pepper Potts as the manager he wanted, then revealed Tony’s palladium poisoning to secure Pepper’s attention. He offered to save Tony by using a perfected serum before removing the shrapnel around his heart, and Pepper agreed to provide the staff after arranging a handover.

• Tony Stark signed the share transfer contracts, and Li Si asked to borrow financial and legal advisers, experienced managers, and Pepper Potts.
• Tony Stark refused to lend Pepper, so Li Si revealed that Tony’s Palladium Reactor was poisoning him and that he was dying.
• Pepper Potts confronted Tony for hiding his condition, while Li Si offered to save him if she agreed to his terms.
• Li Si explained that his Self-Healing Serum could be used before surgery to remove the shrapnel around Tony’s heart, eliminating the need for the Palladium Reactor.
• Pepper Potts accepted the plan after Li Si said the serum had no side effects and asked for Tony’s genetic sample, and she agreed to arrange the staff in a couple of days.

Li Si asked Gwen to help run his new company as he prepared to acquire Oscorp. At Oscorp, Harry Osborn discovered his father’s hidden research files, but Mendel Stromm had him fired and removed from the building.

• Li Si told Gwen he planned to acquire Oscorp and asked her to manage his company with help from Pepper Potts, and Gwen agreed to try.
• Harry Osborn found that his hereditary illness was worsening and activated a hidden interface using the cube Norman Osborn had left him.
• Harry discovered records of Oscorp’s spider and lizard gene experiments, realized Mendel Stromm had destroyed the research, and planned to seek Peter Parker’s blood.
• Mendel Stromm entered Harry’s office with security guards, accused him of covering up an employee’s death, and fired him.
• Harry broke free and lunged at Mendel, but the guards restrained him; he then insisted on walking out by himself.

After Osborn appeared to contain its scandal, Lee Stein quietly launched Thunder Industries and revealed his plan to take Osborn private. He left Pepper Potts to arrange financing while hinting that the military could end its dealings with Osborn.

• Harry Osborn apologized publicly, shut down the cross-species experiments, and was fired as Osborn's stock stabilized.
• Online commenters mocked Lee Stein for staying silent, while cryptic supporters warned that Osborn would face trouble from the Merchant.
• Lee Stein established Thunder Industries in two floors of Osir Tower, where Pepper Potts began recruiting staff.
• Lee told Pepper Potts that he planned to take Osborn private and fold it into Thunder Industries.
• Pepper Potts warned that the buyout would cost over two hundred billion dollars and face military-related resistance, and Lee suggested the military might end its dealings with Osborn.
• Lee asked Pepper Potts to handle financing negotiations, admitting that he lacked a useful team.

After the military ended its contracts with Oscorp and awarded them to Thunder Industries, public speculation swirled over the company’s mysterious medicine and Lee Stein’s possible role. Lee confirmed Thunder Industries was his and announced a product launch, vindicating Jared’s belief that he had orchestrated Oscorp’s downfall.

• The military announced it was ending all cooperation with Oscorp and awarding medical and weapons contracts to Thunder Industries, sending Oscorp’s stock into free fall.
• Netizens debated Thunder Industries’ origins and whether Lee Stein had persuaded the military to abandon Oscorp, while most dismissed the idea.
• Jared argued online that Lee had arranged the military’s move and developed Thunder Industries’ medical products, but other users mocked and ignored him.
• Lee Stein posted that Thunder Industries was his company and would hold a product launch the day after tomorrow.
• Jared retweeted Lee’s announcement, prompting many users to apologize, express admiration, or defend him.

After Lee Stein’s tweet reignited the uproar over Osborn, Lee worked to prepare Thunder Industries’ first product prototype. He explained the risks of his Life Leap Project’s brain-enhancement technology, which had made Hulk exceptionally intelligent, and left Hulk fetching a serum from the Underground Laboratory.

• Lee Stein’s tweet sparked renewed media attention, and observers linked him to the Stark and Osborn stock-market upheavals.
• Lee rushed to build Thunder Industries’ first product prototype with Max and Gwen because the company lacked researchers and engineers.
• Lee ordered Hulk to retrieve the test tube labeled XC-1 from the Underground Laboratory while Max offered to try the serum.
• Lee explained that his Life Leap Project used gene splicing to enhance Hulk’s intelligence, but brain changes could scramble memories and make the technology too risky for ordinary humans.

Li Si finished a new Thunder King Battle Suit that used controllable Blood Worms to provide temporary life support and physical enhancement while blocking pain. As he considered selling it to the military, Pepper Potts arrived unnoticed, and Li Si was startled to see her.

• Gwen brought Li Si the prepared Regeneration Serum and sat with him while he worked, as Hulk lazed beside her.
• Li Si completed the Thunder King Battle Suit 0 Version Blood Worm Enhancement Version and received Universal Experience for his research.
• Li Si explained that the suit's Blood Worms could replace blood, reduce nutritional needs, and help keep a wearer alive, but would self-destruct after forty-eight hours or loss of contact with the control core.
• Li Si added a pain-blocking feature and considered how much to charge the military for the suit.
• Gwen teased Li Si for looking like he was drooling, and Li Si realized Pepper Potts had arrived without him noticing.

Pepper Potts reviewed Lee Stein’s product launch documents, which included a military version of the Self-Healing Serum, while Max teased Lee about Pepper and Gwen. Peter Parker then called Lee and asked to visit, leaving Lee and Max suspecting Peter would plead for Harry Osborn.

• Pepper Potts told Lee Stein the launch venue was settled and asked for a document describing the planned products for fundraising.
• Lee Stein gave Pepper Potts the documents he had prepared, and she was astonished by the products, including a military version of Self-Healing Serum Type I.
• After Pepper Potts and Gwen left, Max teased Lee about Pepper, and Lee ordered Hulk to run five hundred laps.
• Bumblebee told Lee that Peter Parker was calling, and Peter asked to visit because he needed to ask Lee for something.
• Max worried that Peter would ask Lee to go easy on Harry Osborn, and Lee confirmed Peter might be caught between them.

Li Si reviewed Harry Osborn’s movements and learned that Harry had sought Peter Parker’s help after being rejected. When Peter brought Harry to Li Si, Li Si blamed the Osborn family for Max’s accident and Dr. Connors’s transformation.

• Li Si told Max to take his time with the robot, then asked Bumblebee to display its tracking data on Harry Osborn.
• Li Si saw that Harry had visited Peter and guessed that Harry had asked him for blood to treat his hereditary illness.
• Peter Parker and Harry Osborn arrived at Li Si’s home, and Peter asked where Max was.
• Peter explained that Mendel Stromm had caused Max’s accident and framed Harry, but Li Si blamed Harry’s family for the harm done to Max and Dr. Connors.

Lee Stein agreed to provide Harry Osborn with the Lizard Healing Serum in exchange for all of Harry’s Osborn shares. Harry left with evidence against Mendel Stromm and a renewed hope of survival.

• Peter Parker asked Lee Stein to make the Lizard Healing Serum for Harry Osborn, and Lee asked why he should help.
• Harry Osborn sent Peter Parker outside and agreed to give Lee all his Osborn shares for the serum.
• Harry demanded that Lee ruin and kill Mendel Stromm, but Lee agreed only to ruin him.
• Lee sent Harry evidence against Mendel Stromm, took a blood sample, and promised to prepare the serum within a few days.
• Harry left Lee’s house relieved, then showed Peter Parker the recording that contained evidence against Stromm.

Thunder Industries held its first product launch in Queens amid strong military support and widespread public interest. Tony Stark and Justin Hammer arrived as guests, traded insults, and entered the exhibition hall while reporters speculated about their motives.

• Thunder Industries held its first product launch at Flushing Meadows-Corona Park, drawing reporters, business figures, military officers, and other notable guests.
• Justin Hammer arrived at the exhibition hall and grew irritated at the attention surrounding Thunder Industries.
• Tony Stark arrived in a white sports car, drawing cheers from the crowd and attention from reporters.
• Tony Stark and Justin Hammer exchanged barbs about each other and Thunder Industries before heading into the hall.
• Reporters speculated that Tony Stark and Justin Hammer might be at the launch to watch the company fail or make a scene.

At Thunder Industries' product launch, Lee Stein introduced the company as a consumer-products business focused on toys and revealed a Spider-Man-inspired Web-Shooter. His live demonstration misfired, and he left the audience waiting to see what came next.

• Pepper Potts opened the launch as Thunder Industries' acting CEO, surprising reporters and drawing attention to Tony Stark.
• Lee Stein arrived backstage, and Pepper introduced him to the audience.
• Lee said Thunder Industries focused on consumer products such as toys rather than only weapons.
• Lee showed footage of Peter Parker swinging between buildings with his Web-Shooters and asked if the audience wanted to try it.
• Lee fired a Web-Shooter at a beam, but the demonstration failed, so he removed the device and tossed it aside.

Lee Si unveiled the Vertical Maneuvering Equipment and Hoverboard as toys at Thunder Industries' launch, drawing little enthusiasm from the VIPs but stirring excitement among viewers, retailers, and players. The products' commercial potential became clear as buyers rushed to contact Thunder Industries and players speculated about the Merchant opening an equipment shop.

• Lee Si introduced the Vertical Maneuvering Equipment, and a launch video showed him using it to chase Spider-Man, Peter Parker, through the city.
• The VIPs at the launch reacted poorly to the toy and its sales pitch, while Lee Si continued by introducing the Hoverboard.
• Teenage viewers celebrated the products and rushed to preorder them, while toy manufacturers and distributors sought sales rights and production contracts.
• Players discussed the products on their forum, recognizing Lee Stein as the Merchant and hoping Thunder Industries would sell them equipment directly.

At Thunder Industries’ press conference, Li Si unveiled a consumer version of Bumblebee called the Transformer Autobot, unsettling Tony Stark and Justin Hammer while exciting the audience. He ended the presentation by promising to introduce a second robot.

• Tony Stark mocked Li Si’s Hoverboard presentation, and Justin Hammer joined in.
• Li Si unveiled the Transformer Autobot, a smaller robot modeled after Bumblebee, prompting alarm among the audience.
• Justin Hammer worried that Thunder Industries might threaten Hammer Industries’ position in the defense market.
• Li Si explained that the electric, self-driving Autobot could transform, perform tasks, and defend its owner, but could not initiate attacks.
• The audience grew eager to buy the Autobot, and Li Si announced that he would reveal Thunder Industries’ second flagship robot.

Li Si demonstrated Baymax, a household medical robot that accurately scanned audience members and offered health advice. Baymax publicly revealed embarrassing symptoms in Justin Hammer, who endured the humiliation and stayed seated despite Tony Stark’s taunts.

• Li Si introduced Baymax and demonstrated its health-scanning and household assistant functions.
• Baymax accurately assessed five audience members’ health and gave them advice.
• Li Si had Baymax scan Justin Hammer, and the robot announced intimate health problems in front of the press.
• Justin Hammer angrily accused Li Si of spite, while Li Si claimed the scan was routine and unaltered.
• Tony Stark mocked Justin Hammer, who resisted storming out and remained in his seat.