The Sharktopus is actually the Lusca, a sea monster from the Caribbean that is often described as a half-shark, half-octopus hybrid.
- Alternatively...
Sharktopus is a Stealth Sequel of Mega Shark vs. Giant Octopus.
Sharktopus is the offspring. The Sharktopus is a refugee from the setting of Avatar: The Last Airbender
It would fit right alongside the series' Mix-and-Match Critters. Sharktopus is going to appear in a Sharknado sequel.
Since it's the Alternate Company Equivalent and both are Syfy Channel Original Movies.