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From the liner notes

Another camp classic saved from the grave! From now defunct Market Square productions comes this tale of a security guard at a horror convention who gets more than he bargained for as three luscious scream queens strip before his eyes. As he falls asleep, his dreams come true as he becomes part of their sexual games.

Naked Horror also includes the bonus feature Attack of the 40 Ft Tall Incredibly Shrinking Women. Talk about high camp! Two couples decide to break into a closed down military compound. Inside, they find an old lab and two vials with strange gels in them—one red, one blue. One girl accidentally spills the red gel on her, the other dips her finger in the blue one. Soon enough, one is growing and ripping through her clothes and the other is shrinking and lost amidst a sea of her own clothes. Their lifemates have to figure out what to do in order to get their girlfriends back to the right sizes before they crush or get crushed!