Shortly after The Punisher went into production 21st Century Films (founded by Menahem Golan, late of Cannon films) announced two Marvel projects in the trades: Spider-Man and Captain America. Spider-Man soon entered a legal morass of court battles between MGM, Carolco, Sony, Golan and God knows who else, eventually emerging in 2002 as the blockbuster directed by Sam Raimi.
Cap was not so lucky. Golan managed to get his film off the ground with Cyborg director Albert Pyun, a well-meaning guy who has made a career of schlocky independent films that valiantly try (and often fail) to be more than what they are. Pyun's heart was in the right place on this film, but unlike The Punisher - which is punctuated by well-staged action set pieces – nothing happens in this film.
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