When a new kid named Cory moves to town, he's picked on by the school bullies. To protect himself, he doesn't use his fists-he uses his brain instead! He scares the bullies off by fibbing that his father is a hit man for the mob. Word quickly spreads around and gets the attention of the REAL mobsters in town, too. Now his dad has the problem! As shenanigans between the family and the mobsters ensue, Cory must find a way to make things right.

Left home alone with his dog Harry, young Ray finds himself in a bit of trouble when Harry gets loose in the suspicious neighbor's house and accidentally knocks over a top-secret invisibility potion! Now, with crooks and the FBI on his tail, Ray needs to find his invisible mischievous mutt before they do - and get Harry back before his parents get home!

On Valentine's Day 1962, the kids aboard the Funship learn important life lessons.