The first shot shown here is for the 3rd series here, Mr. Miracle. The first shot is totally unpainted and appears to be cast in a similar red color to that of the production toy. I think this one looks very cool cast totally in red injection molded plastic. Mr. Miracle is one of the better 3rd series characters and nicely matches my internal first shot paintmaster which can be seen here
The above photo illustrates the absence of copyright information on the figure's leg. Copyright markings are the final alteration made to the steel production mold and are not added until adequate mold testing is completed. First shots or "test shots" often show up in non-production colors since they simply serve to test the functionality of the mold.