This Roman Polanski film begins with Captain Red stranded aboard a raft at sea with his first mate, Frog, both of whom are presumably close to death from dehydration. After Red, cracking under the starvation, tries to kill and eat Frog, the duo is picked up by a Spanish Galleon and are forced into slavery before instigating a shipwide mutiny with the other prisoners and taking control of the vessel. Frog falls in love with the female love interest, María-Dolores de la Jenya de la Calde, the niece of the governor of a Spanish colony. Red covets the golden throne that the Spanish have taken from an Aztec king. Lots of explosions and gunfights occur as they recruit a crew of cutthroats to win over the gold (with Frog trying to romance the girl as well) throughout the remainder of the film. Ironically, the film ends in a Pyrrhic victory for the heroes, with Captain Red and Frog again stranded on a raft, Red sitting on the golden throne urging Frog to eat and "fatten up" (hinting at a possible relapse in his cannibalistic urges).