When Froggy discovers the fabulous salaries paid to radio stars, he gets the idea that the gang should be in on the action. But success in radio requires a sponsor. They audition comedy skits at the dentist's office, and Shakespeare at the mortuary. Their efforts to snag a sponsor are without success until . . .
Froggy hatches a plan to get Mickey, Buckwheat, and himself sent home from school early so they can go fishing. When the plan backfires, the boys decide to play hooky the next day. At the fishing hole, there are plenty of lunkers just waiting for the bait, but the boys have some comic trouble. After Buckwheat finds a new way to catch fish, an old man gives them a life lesson. Will they keep fishing or change their ways?
Our Gang member Janet Burston believes that her family is neglecting her, so she decides to run away from home. The other gang members try to help Janet get adopted (or "adapted") by a more agreeable family, choosing a kindly elderly couple (Sarah Padden and Harry C. Bradley) for the honor.