After watching a goblin perform at a show in the mountains, the Ghostbusters, believe a giant ghost must be a goblin, but later find that the two are completely disconnected.
Ghouls invade New York City with a pair of scissors that can determine the length of a person's life. The Ghostbusters try to stop the ghouls but they disappear into the netherworld.
Upset at losing his girlfriend, Jeremy has found a way to gain powers which allow him to destroy the world. The Ghostbusters cannot stop Jeremy until he finally realizes what he is doing.
