Well, it ain't the "Lost Skeleton of Cadavra."
That one was smart -and- funny.
Some movies are accidentally bad.
Some movies are bad on purpose.
Some movies are bad by design and therefore good.
Some movies lampoon bad movies, and triumph.
Some movies are designed to lampoon bad movies, badly, on purpose, and manage to miss the mark so hard they fall all the way back to accidentally bad.
This movie came from somewhere, all right. Somewhere dank and grainy and crawling with clueless film students, like that weird kid who not only sings the wrong lyrics to every song, but then goes on to unironically make a brain-rot video with the wrong lyrics, on purpose, but instead of being brilliantly funny, it comes off a bit like a commercial jingle for a really cringe local pest-control service.
Things that were over-the-top-stupid might have even hit the mark if done intelligently. Take the flying pie pan saucer, for example: calling for "evasive maneuvers" and then re-using the same scene? Just... why? Why not really yank that thing around, make it seem like the creators were actually in on the joke? Instead we get a dry and "faithful" attempt at an homage that feels like some aliens wanted to make their own "moving picture film" because they knew it was important to the war effort, or something. I wish I could give this a fair shake, but the first 15 minutes were so unrelentingly painful that I just couldn't. Like giving yourself a tonsillectomy with a slotted serving spoon and a rusty mirror.