Through Waffle's own ignorance, Hovis is accidentally transformed into a giant, talking fish and washed out to sea. Soon enough, a traveling aquarium captures the poor butler and puts him on display. Blik, Waffle, and Gordon must track down the fishy side show and free their flippered butler.
The title card is a parody of the 1993 movie: Free Willy.
The Amazing Sea Horses is a parody of Sea Monkeys.