While stealing weapons as part of his gun running operation, young and reckless criminal Jim (Don Durant) kills two men.

As they sail to the Sulu Sea, where Jim has friends, they are caught in a terrible storm and are shipwrecked in shark-infested waters off a tropical island.

Chris falls in love with one of the island beauties, Mahia (Lisa Montell), while Jim, being a wanted man, seeks to escape before the naval ship sent to rescue them arrives.

Terrified of being recognized and executed for his crimes, Jim fixes one of the islanders' broken boats and lets his brother and his forbidden love in on his plan.

[3] The film was originally entitled Shark Reef, with the "She Gods" part added at the insistence of American International Pictures, who picked it up for distribution.