John and Michael attempt to fly once again (unsuccessfully), but are saved by Peter just before they hit the ground. Afterwards, the Darlings and Lost Boys go looking for mermaids. After hours of waiting for the girls to appear, Slightly, Curly and John go looking for more adventure someplace else (preferably having to do with pirates). Upon their leaving, the mermaids take Michael and Wendy down into the water, and, being the only one else present, Tootles dives down and saves them...