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While Grid-Iron is visting his high school friend Dr. Winters, her lab is attacked by Cobra to steal a new but unstable armor formula. Grid-Iron repels the attack using a Battle Wagon coated with the formula, but the vehicle then explodes. The two later attend a reunion on a cruise ship, and Dr. Winters accidentally brings along the armor formula on a disk containing a video program for the reunion. The event is also attended by Metal-Head, who had been the school's football mascot, and he brings his Granny along as his date. Metal-Head asks Dr. Winters for the formula directly; she naturally refuses, and he sends up flares to summon Cobra. Cobra Rats tow the ship to a whirlpool that begins sucking it toward an undersea Cobra base, but Grid-Iron radios for Grunt, who parachutes down to the base just before it closes up.
Knowing the formula doesn't work, Dr. Winters hands it over to Cobra to save her classmates. Destro finds the weakness in the formula but determines it only applies on land; it will still make sea vehicles invulnerable. The armor (somehow coating the base already) allows the base to ward off a Joe rescue team. But with the help of Grunt and Granny, Grid-Iron tricks Metal-Head into destroying the base's power center. As the base crumbles and Cobra evacuates, Dr. Winters records over the formula with a message to Metal-Head before giving him the disk, and the base's explosion propels the cruise ship back to the surface. It turns out the reunion party has been proceeding uninterrupted through the whole adventure.
Appearing Cast and Equipment
Featured Characters
| Capt. Grid-Iron | 348 seconds | 35 lines | at Dr. Winters' lab, on cruise ship for reunion, flying Battle Copter in undersea base
| Metal-Head | 314 seconds | 37 lines | in Paralyzer attacking lab, on cruise ship for reunion, flying Battle Copter in undersea base, in Hammerhead
| Cobra Commander | 160 seconds | 19 lines | driving Paralyzer to attack lab, in undersea base command center, in Hammerhead
| Destro | 98 seconds | 7 lines | in undersea base command center, examining formula, in Hammerhead
| Grunt | 85 seconds | 8 lines | flying Storm Eagle to cruise ship, protecting Grid-Iron in undersea base
| Wet-Suit | 15 seconds | 4 lines | using Barracuda to attack undersea base
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| Troops Appearing
| Flak-Viper | 26 seconds | 2 lines | attacking lab in Battle Copters and Paralyzers, using Battle Copters to board cruise ship, chasing Grid-Iron
| Crimson Guard Immortal | 12 seconds | | jumping from exploding Paralyzer, in undersea base command center
| Eel | 2 seconds | | towing sharks outside undersea base (14:10-11)
| Sludge Viper | 1 second | | in Paralyzer just as the Battle Wagon rolls out (0:48)
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| Vehicles Appearing
| Cobra Battle Copter | 88 seconds | | used to attack lab, board cruise ship, and fly around undersea base
| Hammerhead | 63 seconds | | used to evacuate undersea base
| Battle Wagon | 36 seconds | | plated with gold armor, used to defend lab
| Barracuda | 35 seconds | | used to attack undersea base
| Paralyzer | 30 seconds | | used to attack lab
| Rat | 20 seconds | | used to tow cruise ship
| Storm Eagle | 12 seconds | | used to fly to cruise ship
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| Non-Toy Characters: Dr. Suzanne Winters, George, Granny
| Non-Toy Equipment: cruise ship
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Misc. Notes
- On the DVDs from Shout! Factory, this episode is included in the Series 2, Season 2 set (Disc 3, Episode 4)
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