Albert Pyun's "Captain America" is a low-budget curio that began its life in development at the Cannon Film Group, which was overseen by legendary schlock producers Menahem Golan and Yoram Globus. The project migrated to a new studio when Golan left Cannon, but it retained famed B-movie luminary Pyun at its helm. Although Captain America was a pretty well-known Marvel Comics character, superheroes were still not considered financially viable by most studios (Batman and Superman notwithstanding), so its budget remained at $3 million. Ultimately, "Captain America" was filmed in a haphazard fashion. It was completed by 1990 and meant to premiere theatrically, but it didn't see the light of day until it went straight to video in 1992.

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