I have a great story about the movie. In 1989, I was going to David Lipscomb University in Nashville, Tennessee. Near Lipscomb is 100 Oaks Mall, which at the time had a 99 cent movie theater in one of its strip centers next to the mall.
One Friday night I was hanging with a bunch of friends and we decided to go see a cheap movie. I forget the other show but in theater 1 was Lords of the Deep. It was billed as having the same sfx director as Aliens so we thought it might be good. There were roughly 30 people in the auditorium, including 8 in my group.
Within minutes we realized that we were in for a real gem of a movie. As each minute passed the storyline got more and more ridiculous and the actors looked like they were sleepwalking through the lines fully cognizant that they'd just made a massive career blunder. Within 10 mins. there were the first subdued chuckles from some of the more ridiculous lines and then came snickers, snorts, chortles, and lastly, pure laughter for a supposedly serious Sci-Fi thriller.
After it was over we pledged to try and see the movie again Saturday night. We drove back to campus and told all of our friends. Saturday there were 60 people in the crowd. At the Sunday 9pm showing there were probably 100 people. Monday, the last time I saw it the show was nearly sold out.
If you want a true, blue, so-bad-it-is-good film check out this cinematic calamity at your nearest Blockbuster.