The time is the distant future, where by far the most precious commodity in the galaxy is water. The last surviving water planet was somehow removed to the unreachable centre of the galaxy at the end of the galactic trade wars. The galaxy is ruled by an evil emperor (John Carradine) presiding over a trade oligarchy that controls all mining and sale of ice from asteroids and comets.
Daryl Keith Roach
Pee-wee Herman (Paul Reubens), an eccentric child-like man, loves his red bicycle and will not sell it to his envious neighbor, Francis (Mark Holton). While Pee-wee visits his friend Dottie (Elizabeth Daily), the bike is stolen. Thinking his bike is at the Alamo, Pee-wee sets off on a trip, where he meets many remarkable people, including waitress Simone (Diane Salinger) and a motorcycle gang. Eventually, Pee-wee discovers that his bike is being used in a movie and tries to recover it.