More than a week after the 1992 Metro Manila Film Festival, Regal Films released Dugo ng Panday, the initial offering of the production company for 1993. Under the direction of Peque Gallaga and Lore Reyes, The film is based on the famous komiks character created by Carlo J. Caparas.
In the original komiks, Flavio is a blacksmith who forged a meteorite into a magical sword which he used in fighting the minions of Lizardo. Fernando Poe, Jr. portrayed the role of Flavio in a four-movie series that was released from 1980 to 1984. Max Alvarado played the villain Lizardo.
In the 1993 film, released January 4 that year, Ramon "Bong" Revilla, Jr. stars as a descendant and namesake of Flavio. He inherits the sword from the original blacksmith. Edu Manzano plays the cyborg controlled by Lizardo. Other members of the cast include Aiko Melendez, Jaime Fabregas, Leo Martinez, Max Laurel, and IC Mendoza.
This is a newspaper advertisement for the film: