Wacky inventor Conrad Dawson has spent his life trying to find the treasure on Treasure Island. Now broke and desperate to keep the island he launches Camp Treasure Island for kids from all over the world to enjoy. Even that goes wrong when a nasty villain (Randy Quaid), who believes he is a descendant from the infamous pirate Captain Flint, arrives to take over the island. With Conrad and his wife taken captive it's up to the kids to save the island and the summer camp.