Assisted by Koko the Clown, "Professor" Bimbo has gone into the fortune-telling business. A very stylish Betty Boop shows up at Bimbo's doorstep in hopes of finding out what her future holds. After getting a good look at Betty's legs with the help of a clever lighting device, Bimbo peers into his crystal ball and reveals the "naked truth" of Betty's infant days. Then he forcees a violent storm at sea, which deposits Betty on a tropical island. After undressing for the occasion, Betty is harrassed by a gang of weird-looking ghosts, forcing Bimbo to give up fortune-telling to rescue our heroine. Musical selections include "Please" and "All By Myself in the Morning".