Buenos Aires movie director, very fond of the legend of the King of Patagonia and Araucania, decides to make a movie about it. Despite of financial troubles, technical problems, misfortune and desertions, he undertakes the journey to Patagonia for the film with a second-rate actor company. Neglected by the producer and shortly after by the company, he will make the movie alone, in a surreal landscape like mad.
Miami DEA agent Cliff Adams is in South America working undercover for Gonzalo Reyes, the biggest cocaine exporter in South America. Cliff's fiancée, Janet Meade, is a reporter doing a story about Reyes. Reyes orders Cliff to kill Marcelo Villalba, who is running for his countries position as president, but Cliff can't bring himself to do it, because his assignment from the DEA is to work against Reyes. Reyes is afraid Villalba will put him out of business, and is afraid that Janet's story will do the same thing, so Reyes sends someone else after Villalba, and then Reyes has Janet kidnapped, and Cliff is the only one who can keep Reyes' plans from succeeding.
Six people survive the crash of an airplane and find themselves in a mysterious Central American mansion and ghost town, where they encounter ghosts from their past. They are then judged for their sins by a demonic figure while the jury chants their (predictable) verdict.