Punisher II is Canceleld the sequel to 1989's The Punisher starring Dolph Lundgren

Plot
The Plot Going To Be Billy Russeo Would Appers
Casts
Dolph Lundgren as Frank Castle/The Punisher
Why It Was Cancelled
Dolph Lundgren was not willing to reprise his role after his disappointment with the final product and its release.
Results
in 2004, Lionsgate films and Columbia Pictures released a reboot entitled The Punisher starring Thomas Jane.