In a moment of fright, Sylvester the donkey asks his magic pebble to turn him into a rock, but then can not hold the pebble to wish himself back to normal again.
A wave carries Mikael to a magical place where all his wishes are granted, but he is disappointed and unhappy because he cannot be with his family and friends.
King Midas comes to regret his wish to turn all he touches into gold and must deal with a magician, a witch, and a dragon as he tries to undo the magical spell.