Peter's conman father sells a product that he claims acts as a ghost repellent. However, the products, which are actually plain and ordinary ponchos, prove to be useless against a ghost as simple as Slimer. Worse, when the Ghostbusters try to convince Peter's dad to stop selling them, due to the fact it is fraudulent and amoral, he sells them anyway to a science expedition that is out to investigate the New Jersey Parallelogram, apparently a 'smaller, nastier version' of the Bermuda Triangle, then the expedition gets trapped in the Parallelogram. Peter's father, thinking he may be responsible, goes to locate them at the same time the Coast Guard contracts the Ghostbusters to help them locate the missing ship. When the Ghostbusters and Coast Guard get pulled into the Parallelogram, they eventually find the ship and are able to get it out. However, once out, they find Peter's father's speedboat, but he is not there.