"Jack Cody has always wanted to enter the world of the Superfights, a free fighting tournament. One night, he rescues a girl from a mugging and he becomes a national hero. Then, he is finally given his opportunity to become a Superfighter. He soon discovers a Ninja who tells him that the man behind the Superfights is involved with illegal acts. When this comes to Jack, he must fight now for his life."
A blood-red moon is never a good sign, and when one pops up over New York City, one can be sure that the Big Apple is in for serious trouble. This time it heralds the arrival of a kung-fu serial killer (Darren Shahlavi). At night, he stalks the crimson bathed streets, killing off the world's best martial artists, one by one. At every resulting crime scene one of New York's finest detectives shows up and amuses the crowds of on-lookers and service personnel with dumb sleight-of-hand tricks. As the story progresses, the battles, featuring professional wrestlers and fighters sporting strange hair and peculiar makeup, become increasingly strange. The film's production values are unusually low, and keen-eyed viewers can readily spot an abundance of support cables showing up in key fight scenes. However, the fight scenes themselves are comparable to the spectacular sequences in this film's Hong Kong cousins and employ a smashing variety of martial arts techniques.
Here are a couple of cheesy martial arts action movies highly recommended by a podcast I listen to
Superfights
Bloodmoon