Red Squirrel is the exact opposite; it is a huge, flashy, colourful science-fiction story. Never let it be said that the Canadian comics are one-trick ponies.
The bulk of the comic is flashback material. We know that Red Squirrel is in a battle against a nasty bastard named Deathkong. He (Squirrel) is trying to catch his breath during a lull in the action, after which we are taken back to the events that led to the fight. The parts that take place on Earth are set in Niagara Falls.
It appears as though the entire book is put together by one Gordon Shipperbottom, though a gentleman named Randy Riddick is credited as a contributor.
But why my read my take? Here's a brief interview with Mr Shipperbottom in which he discusses what makes Red Squirrel tick.
The book can be purchased from the PoorMan Comics site. Now I don't know if it's a browser issue but that particular page on the site is very difficult to read because of a lot of the black text appears over dark colours in the banner in the background. This page, which displays additional preview material, looks far better.