I have seen the 1958 version of Lastikman when it was aired on the Philippine channel RPN9 sometime in the 1980's. I must say it was quite entertaining being a classic black-and-white movie of a Filipino super hero portrayed by Von Serna. The 2003 version of Lastikman portrayed by Vic Sotto is almost similar with regards to the storyline but with a lot of comic touch. It was probably a tribute to the elastic super hero. The 2004 version has a lot of loopholes as commented by some. The writers of the movie have just somehow mimicked the Spider-Man movies. Overall, it was not as entertaining as expected to mature audiences, though some kids may have enjoyed it. Sad to say that Mars Ravelo's creation is just being remade for the money, taking into account that the previous Lastikman by Vic Sotto is number 1 in the box office and made millions of pesos.I could only wish that Vic Sotto may be able to regain the rights to Lastikman and come up with another entertaining version, a box office sequel, and a respectable Lastikman.