Troll 2 is the sequel to Troll
it is the best worst movie ever as the fan site proclaims
bestworstmovie.com

quotes from the movie includes:
they are eating her and next they are gonna eat me O my god!!!!
You can't piss on Hospitality

it is set in a town called nilbog
guess what?  it's Goblin Backwards

unfortunately only works on US dvd players