The story begins as an expedition lands on the island of Bengalla, seeking the legendary skulls of Touganda. Believed to harness an energy force of incalculable power, the skulls could spell disaster for mankind. And that’s exactly what ruthless tycoon Xander Drax (Treat Williams) has in mind... unless one man can save it. Now evil has met its match and great movie adventure has a new name –The Phantom!