The Fantastic Four is an unreleased low-budget feature film completed in 1994. Created to secure copyright to the property, the producers never intended it for release although the director, actors, and other participants were not informed of this fact. It was produced by low-budget specialist Roger Corman and Bernd Eichinger (who also produced another Fantastic Four movie in 2005). The film was based on the long-running comic book by Marvel Comics and featured the origin of the Fantastic Four and their first battle with the evil Doctor Doom and a mysterious Mole Man-like creature.
The film begins with Reed Richards (Alex Hyde-White) and Victor Von Doom (Joseph Culp) as University friends who decide to use the opportunity of a passing comet to try an experiment; however, the experiment goes wrong, leaving Victor horribly scarred. Sue and Johnny Storm are two children living with their mother, who has a boarding house where Reed lives. Ben Grimm (Michael Bailey Smith) The Thing (Carl Ciarfalio) is a family friend and college friend to Reed. The film then fast forwards to the early 1990s, where Reed, Sue (Rebecca Staab), Johnny (Jay Underwood), and Ben go up into an experimental space craft as again the same comet would pass by the Earth. They are hit by cosmic rays by the same passing comet due to a necessary diamond being exchanged for an imitation of itself. Reed would dedicate this mission for his friend Victor, believing he was dead years before.
Upon crash-landing back to Earth, the four of them soon discover that the cosmic rays gave them special powers: Reed\'s bodily structure has become elastic; Sue can become invisible; Johnny can generate fire on demand; and Ben has transformed into the Thing. They are later captured by Victor\'s men, who pose as soldiers of the Marine Corps. After escaping from Doom\'s men, the four scientists regroup at the Baxter Building, trying to decide what to do now that they gained superpowers. An angry Ben leaves the group to go out on his own, feeling that he has become a horrible freak of nature. Ben would be found by homeless men and join them in an illicit Jeweler\'s underground lair.
It is revealed that Victor von Doom had needed the diamond necessary to capture the comet\'s powers.The Jeweler would then give the real diamond to the blind artist Alicia (Kat Green) who was also kidnapped by homeless henchmen working for the Jeweler. The Jeweler wants Alicia to be his bride, with the diamond as his wedding present to her. However, Doctor Doom and his henchmen locate the Jeweler\'s lair. Doom\'s henchmen first try to make a deal with him; but with no luck. Doom, displeased, seizes the diamond by force. Doom threatens to kill Alicia, whereupon Ben, as the Thing, comes into the room â€“ only to revert to human form. Pursued by Doom, Ben runs out onto the city streets, frustrated at his helplessness. He is somehow changed into the Thing, whereupon he rescues Alicia.
A gun fight ensues between Doom and the Jewelerâ€™s men. Doom takes the diamond to power a laser cannon that will destroy New York City. Ben returns to his friends; by now, Reed has learned that Victor was the mastermind behind their kidnapping. Realizing that they are the only ones that can stop Doom, the protagonists don costumes and travel to Doom\'s castle. At the castle, the Fantastic Four battle a series of Doom\'s military. Reed has a final battle with Doom. Doom is defeated and possibly killed. Johnny becomes the Human Torch (shown via computerized animation) to stand between the laser cannon\'s shot and the city. He survives this, as does the city he wishes to protect. Thereafter, the Four dedicate themselves to fighting evil, and the film ends with Reed and Sue marrying.