Coscarelli reads Bubba Ho-tep, is intrigued by the story and feels it could inspire a terrific film.
We find the King as an elderly resident in an East Texas rest home, who switched identities with an Elvis impersonator years before his "death", then missed his chance to switch back. Elvis teams up with Jack, a fellow nursing home resident who thinks that he is actually President John F. Kennedy, and the two valiant old codgers sally forth to battle an evil Egyptian entity who has chosen their long-term care facility as his happy hunting grounds.
Coscarelli options the movie rights from Lansdale. Lansdale thinks it will never be made but later says jokingly “he was happy to take Coscarelli’s money.”