Adam (Robin Nielsen) works as a junior associate for a large Toronto law firm. When a business trip takes him to his hometown of Fernie, he reunites with his old friends, Jason (Viv Leacock) and Theo (James Wallis). Adam gets more than he bargained for when he finds out that, due to a series of terrible business decisions, Theo's ski waxing business "Waxopolis" is in serious financial trouble and at risk of being taken over by an evil developer. The three guys hatch a plan to throw a massive fundraising party to try and save the business. But, with the developer and his son on their back, party permit hassles, and a Sasquatch on the loose, will they be able to pull it off?

Ten years after the first American Pie movie, three new hapless virgins discover the Bible hidden in the school library at East Great Falls High. Unfortunately for them, the book is ruined, and with incomplete advice, the Bible leads them on a hilarious journey to lose their virginity.