A down-on-his luck businessman organizes an excursion to Sir Henry Morgan's Island for a treasure hunt only to encounter a mysterious phantom and murder.

Lookout! Terror pays a visit to "Horror Island" and a hunt for buried treasure ...becomes the wierdest adventure...you ever shivered through! the phantom strikes and another victim!

A down-on-his luck businessman organizes an excursion to Sir Henry Morgan's Island for a treasure hunt only to encounter a mysterious phantom and murder.