The first show, You're Either With Me or With the Trolls, aired on Saturday night and featured Sheen on an hour-long rant with special appearances from his giggling 'goddess girlfriends'.
The second installment, Torpedoes of Truth, shows the chain-smoking actor talking on the phone with a camera beneath his chin in a filming style reminiscent of The Blair Witch Project.
Wildly gesticulating and pulling faces the 45-year-old actor adds to his repertoire of bizarre phrases.
'I'm videoing this phone call because I’m tired of loosing all my gold into the f****ing ether-sphere of f****ing stupidity,' he raged.
'My thing is f****ing gold and platinum and diamonds and every other precious f****ing gem that falls out of f****ing losers' buttholes.'
Later in the 13-minute clip he burns his lighter over the screen and says: 'I don’t feel pain because pain is a f****ing myth.'
During his profanity-laced tirade Sheen has trouble with the telephone connection, which he calls: 'The plastic weapon designed by trolls.'
Later Sheen tries to compose a killer Tweet: 'I will send a fastball into the cyberhole of those awaiting something else,' he said.