Decoys
Canada 2004. Director: Matt Hastings
Cast: Kim Porier, Stefanie Von Pfetten, Meghan Ory, Nicole Eggert

Serial-killing aliens from hooter-planet, disguised as blonde college girls, has infiltrated a small Canadian town in order to mate with humans. Corey Sevier and Meghan Ory becomes suspicious when dead people are turning up frozen from the inside out (unfortunate side-effect). Never trust a naked girl with tentacles. The ending involves a flame-thrower. It's all garbage, but it'll do. Better than Species 3.