Larry has an idea to present to the owners of the Chronicle, but has trouble getting into a party that they're holding. Balki getting mistaken for the Crown Prince of Mypos may be his ticket inside.
Larry wants to make a good impression following a promotion to the Chronicle's investigative team. He hopes to use Harriette's policeman husband as his ticket to a major scoop.
Larry and Balki throw a Halloween party with their friends and after six hours of watching scary movies, Larry wakes up and discovers that Balki is an alien from "Planet Mypos" and is turning everyone into Mypiots.