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มนุษย์ดาวอังคารที่ต้องทรมานกับอากาศที่กำลังจะหมด พวกเขาจึงส่ง ล็อบสเตอร์แมน มายังโลกเพื่อขโมยอากาศกลับไป

Young film student tries to sell his weird movie to a desparate film producer who is in need of a tax write-off. The producer screens the film "Lobster Man From Mars". What follows is one of the most bizarre and funny film within-a-film sendups: Mars suffers from an air leakage, and send the dreaded Lobster Man to Earth to steal its air.

The plot is foiled by a mad scientist, a girl, and an army colonel. The producer buys the movie, but it makes a huge profit and the producer is sent to jail, with the film student taking his place as the studio hot shot.