 Thousands of years before the dawn of civilization, evil magicians were fighting for supremacy - and Kotep, the Scarlet Sorcerer, was the most aggressive of these. When he loses a battle with an opponent, his own demons turn against him & place him in a time suspension. Years later, he is an exhibition at the museum where Peter is taking a course. The professor teaching it has found a spell that can supposedly revive the sorcerer, and when it is tested, Kotep does indeed come back to life - and turns on the professor! When Peter & his fellow students hear a loud crash, they run in to discover Kotep & a demon slave, who come after them! Peter turns into Spidey & goes after Kotep, who sends his demon after him. When Spidey injures the demon, Kotep vanishes from the museum & plans to set a trap using a huge web suspended between skyscrapers. Meanwhile, the injured professor tells his students a secret to stop Kotep - his scepter must be taken away from him, as he is powerless without it. Spidey finds himself trapped in the giant web, but not before his friends Bob & Susan inform him how to stop Kotep. He comes to in Kotep s domain, thousands of years before. Making his way to Kotep s castle, he finds himself trapped by the scarlet sorcerer, who sends a giant spider after him. Remembering what Susan had yelled at him from the street, Spidey gets Kotep s scepter & destroys the spider. He then drops the scepter, which shatters, and Kotep & his legions of demons must go back into the depths of time...