Mr. Tako of Pacific Pharmaceuticals learns of the existence of a giant monster that lives on an island known as Pharoh. He sends two of his employees there to capture it. The purpose? He wants to use the monster for advertising to boost the ratings on the television program his company sponsors. Meanwhile... an American nuclear submarine, Seahawk, is investigating an unusual rise in temperature in the Japan Current. But what they soon discover is that in one of the icebergs is a giant monster being released from his icy tomb.

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