An adaptation of Carlo Collodi's 1883 book The Adventures of Pinocchio, it is written, produced, directed and edited by Giuliano Cenci.
After being repaired and clothed, Pinocchio promises to enroll in school and become a model son, and Geppetto sells his coat to afford a spelling book for him.
On his way to school, Pinocchio is distracted by music emanating from a nearby puppet theatre and sells his spelling book to afford admission.
On his way home, Pinocchio meets a fox and a cat who convince him that he can multiply his wealth if he plants his coins in the "Field of Miracles".
While searching for the Field of Miracles, Pinocchio encounters the ghost of the talking cricket, who futilely advises him to return home with his remaining gold.
Pinocchio is attacked and pursued by the disguised fox and cat and discovers a large house owned by a fairy with dark blue hair.
As Pinocchio heads out to find Geppetto, he once again meets the fox and the cat, who remind him of the Field of Miracles, and he agrees to go with them and plant his gold.
In his pursuit of humanity, Pinocchio becomes the top pupil in his class, but gets into a violent quarrel with a schoolmate and is pursued by the police bulldog Alidoro.
Pinocchio finds that one of his closest friends, Lucignolo, is departing for the country of Toyland, where children play all day and never work or study.
Pinocchio awakes to find himself a real boy, the cottage turned into a fanciful house, and Geppetto restored to full vigor.
The backgrounds were painted by Sicillian artist Alberto D'Angelo and Abramo Scortecci who both used tone styles evocative of early 20th-century Italian art with little focus on surrealism as in the Disney adaptation.