The Initiation (1984) has it all: gallons of red stuff, psychoanalysis, caricatures, a sanatorium, boobs, trowels, and frat boys in tiny shorts. Kicking off with protagonist Kelly Fairchild’s satisfyingly Freudian nightmare, the film segues into a candlelit meeting which marks the initiation of Kelly and three other young, nubile things into the Delta Ro Kai…
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