We Are Not Angels III is a Serbian film. In 1973 during a Youth Work Action, budding musician Borko Pavić (Nikola Pejaković) is disappointed to find out that the majority of his fellow young workers prefer to dance kolo to folkish harmonica sounds rather than listening to him play his acoustic guitar. Heartbroken and depressed he confides in his best friend that he read that in America the young people make the devil appear by playing the music backwards who then makes them rich and famous. He becomes the mega popular rock'n'roll superstar Dorijan. Cut to 30+ years later Dorijan is still a debauched, coke-snorting, and alcoholic superstar, except that he's now playing turbo folk instead of rock'n'roll. He lives with a silicone trophy girlfriend Smokvica and his best friend from childhood is his business manager. Despite still having his women, fame, and fortune, Dorijan is unhappy about having to resort to playing a musical style he hates in order to have all that.

Omnibus film, consisting of three independent parts: in the first story, Koma, a failed rocker, wants to prove to his producer father that newly composed music could be better than his. He becomes a mysterious masked folk singer-known as Ninja. In the second, Dracula is killed... again. This time he does not dies oby way of a wooden stake, a silver bullet, or a cross. A blonde woman manages to deprive him of eternal life without the help of sunrise. The last story is about Eve and Djuro. She is creator, he is a musician. They live in a harmonious relationship, but a love letter brings division among them.

The story takes place in 1993 Serbia, torn by hyperinflation and economic disaster. Milan, an avid fan of FC Partizan, lives with his friend, a painter, and makes money by selling his paintings to the "new elite". He meets a nice girl who works a phone sex hot line and the two eventually fall in love. An another friend so his is a treasury guard in a bank governed by a shady lady known as "Serbian mother", notorious for cheating the thousands of creditors. The couple is planning to rob the bank and run away to a remote sunny island with palms.

Igor Gordić was an Olympic champion in shooting, but now he is a junky without money and in debts to mafia. Saša is his younger brother and he is getting ready for the next World Championship. Since he's not getting enough terms to practice indoors, he has decided to go out and find himself a target to practice on.