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Somewhere, in a bank vault in the middle of an old film studio, there are four cheap puppets called hobgoblins that have the power to make people's wildest dreams come true. Even though this movie had some potential, it was made in the eighties with a shoestring budget, and every character in the movie is a complete loser.
Basically, an eighties teenager gets a job as an assistant security guard for the old film studio mentioned above. When he gets home, his girlfriend and a friend are at his house. His friend's boyfriend, who has been in the army for the past few months, comes to his house as well. For some reason or other, a five minute hand-to-hand combat scene ensues, in which our main character and the army guy fight with garden tools in the back yard. The main character loses, and his girlfriend says that he embarrassed her.
Blah, blah, blah. The hobgoblins escape, and the kid saves the day by killing them all. This movie was just plain boring, it had the lamest plot imaginable, and the acting was terrible. I was glad to see this one on "Mystery Science Theater 3000."