Hammer sails the high seas again, with Lee at the helm as an evil pirate with an eye patch and a useless left arm. Lee enlists the aid of the unjustly imprisoned Mathews, who unwillingly leads the pirates to his home on a Caribbean island where Lee believes treasure is buried. After a
lengthy battle, Lee takes control of the area and kills many of Mathews' friends and relatives in an effort to make them reveal the location of the treasure. Shocked by the killings, Mathews, his step-sister, Landi, and her fiance, Corbett, manage to escape. When Lee discovers that the statue of
Mathews' grandfather is made of pure gold, he has his crew drag it to the beach and load i...