The successful undercover agent Victor Cooper is assigned for his ninth mission: to find how the loadings of drug is being brought to Miami. He suspects that the drug is coming through the air and joins a team of sky diving, under the leadership of Red Line, a fanatic and considered the athlete number one in this sport in the world. Due to his profile of winner, Vic gets involved with the group and he "disconnects" from his position of infiltrated agent, "connecting" with the team.

Young Jimmy is being pursued by the evil Wilhemina W. Witchiepoo. More specifically, Witchiepoo is after Jimmy's small friend, a small solid gold diamond encrusted talking flute named Freddy. Witchiepoo knows that if she has Freddy in her possession, she will definitely be named Witch of the Year at the upcoming witch's convention. In Witchiepoo's pursuit of them, Jimmy and Freddy escape to Living Island, where Witchiepoo's wicked castle is located. But Living Island is also a fantastical land of among other things talking animals, talking trees and talking winds. The mayor of Living Island is H.R. Pufnstuf, a talking dragon. Pufnstuf and his friends do whatever they need to to protect Jimmy and Freddy from Witchiepoo's evil grip. Pufnstuf and his friends have to get Jimmy and Freddy off the island to their ultimate safety. In the end, Jimmy may have to save Pufnstuf and all the good guys...