U. S. Securities and Exchange Commission
                             Washington, D. C. 20549

                                   FORM 10-Q

[X]     QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
        ACT OF 1934

        For the quarterly period ended September 30, 2008

[ ]     TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
        ACT OF 1934

         For the transition period from                to
                                        --------------    ------------------

                               Commission File No.
                                    000-50892

                            Hangman Productions, Inc.
                           ------------------------
       (Name of Small Business Issuer as specified in its charter)

        UTAH                                        87-0638511
        ----                                        -----------
(State or other jurisdiction of                  (Employer I.D. No.)
       organization)

                            1338 S FOOTHILL DR. #200
                            SALT LAKE CITY, UT 84108
                                -----------------
                     (Address of Principal Executive Office)

         Issuer's Telephone Number, including Area Code: (801) 649-3519

          (Former Name or Former Address, if changed since last Report)

Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by  Sections  13 or 15(d)  of the  Securities  Exchange  Act of 1934
during the preceding 12 months (or for such shorter  period that the  Registrant
was  required  to file such  reports),  and (2) has been  subject to such filing
requirements for the past 90 days.

(1)  Yes  X    No              (2)  Yes  X      No
         ----     ----                  ----         ----

Indicate by check mark whether the registrant is a large  accelerated  filer, an
accelerated filer, a non-accelerated  filer, or a smaller reporting company. (as
defined in Rule 12b-2 of the Exchange Act).

        Large accelerated filer [_]             Accelerated filer         [_]
        Non-accelerated filer   [_]             Smaller reporting company [X]

Indicate by check mark whether the  registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). Yes |_| No |X|

APPLICABLE  ONLY TO  ISSUERS  INVOLVED  IN  BANKRUPTCY  PROCEEDINGS  DURING  THE
PRECEDING FIVE YEARS

     None, Not Applicable;

Indicate  by check mark  whether  the  registrant  has filed all  documents  and
reports  required  to be filed by  Sections  12,  13 or 15(d) of the  Securities
Exchange Act of 1934 subsequent to the  distribution of securities  under a plan
confirmed by court. Yes |_| No |X|

APPLICABLE ONLY TO CORPORATE ISSUERS:  Indicate the number of shares outstanding
of  each  of  the  Registrant's  classes  of  common  stock,  as of  the  latest
practicable date:

                                November 1, 2008

                                    1,490,000

                                       1
<PAGE>
PART I - FINANCIAL INFORMATION

Item 1.Financial Statements.

     The Financial  Statements of the Registrant  required to be filed with this
Quarterly Report were prepared by management and commence on the following page,
together  with  related  Notes.  In the  opinion of  management,  the  Financial
Statements  fairly  present  the  financial  condition  of the  Registrant.  The
Financial Statements are on file with the Company's Auditor.


                                       2
<PAGE>
<TABLE>
<CAPTION>

                            HANGMAN PRODUCTIONS, INC.
                          [A Development Stage Company]
                      CONDENSED CONSOLIDATED BALANCE SHEETS
                              As of September 30, 2008
                              and December 31, 2007

                                                         9/30/2008                12/31/2007
                                                     -------------------      -------------------
                                                        [Unaudited]               [Audited]

        ASSETS

Assets

     Current Assets

<S>                                                             <C>                     <C>
         Cash                                                   $ 9,976                 $ 12,461
         Prepaid Expenses                                             -                      684
                                                     -------------------      -------------------
     Total Current Assets                                         9,976                   13,145

     Non-Current Assets

         Film Costs                                                   -                   77,448
                                                      -------------------      -------------------
     Total Non-Current Asset                                          -                   77,448
                                                     -------------------      -------------------

Total Assets                                                    $ 9,976                 $ 90,593
                                                      ===================      ===================

       LIABILITIES AND STOCKHOLDERS' DEFICIT

Liabilities

     Current Liabilities

         Accounts Payable                                      $ 10,847                 $ 10,990
         Franchise Taxes Payable                                    100                      100
         Accrued Interest - Related Party                           981                      981
         Accrued Director Compensation                            2,349                    3,013
                                                     -------------------      -------------------
     Total Current Liabilities                                   14,277                   15,084
                                                     -------------------      -------------------

     Long Term Liabilities

         Note Payable - Shareholders                           $ 39,433                 $ 46,020
                                                     -------------------      -------------------
     Total Long Term Liabilities                                 39,433                   46,020
                                                     -------------------      -------------------
Total Liabilities                                              $ 53,710                 $ 61,104

     Noncontrolling Interest                                          -                   90,000

     Stockholders' Deficit

         Common Stock, $.01 par value;
             50,000,000 shares authorized;
             1,490,000 shares issued and outstanding             14,900                   14,900

         Paid-in Capital                                        103,297                   45,400

         Deficit Accumulated during the development stage      (161,931)                (120,811)
                                                     -------------------      -------------------
     Total Stockholders' Deficit                                (43,734)                 (60,511)
                                                     -------------------      -------------------
Total Liabilities and Stockholders' Deficit                     $ 9,976                 $(90,593)
                                                     ===================      ===================


</TABLE>
                 See accompanying notes to financial statements

                                       3
<PAGE>

<TABLE>
<CAPTION>


                            HANGMAN PRODUCTIONS, INC.
                          [A Development Stage Company]
                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
  For the Three Month and Nine Month Periods Ended September 30, 2008 and 2007
          and for the period from inception through September 30, 2008

                                      For the           For the        For the           For the      Since Inception
                                      Three Months     Three Months     Nine Months     Nine Months    [8/11/99]
                                       Ended             Ended          Ended             Ended         through
                                      9/30/08           9/30/07        9/30/08           9/30/07        9/30/08
                                    ------------      ------------   ------------      ------------   -------------
<S>                                     <C>                   <C>        <C>                   <C>        <C>
Revenues                                $ 3,694               $ -        $ 3,694               $ -        $ 20,203
 Cost Of Sales                            3,250                 -          3,250                 -           9,000
                                    ------------      ------------   ------------      ------------   -------------

     Gross Margin                           444                 -            444                 -          11,203
General and Administrative Expenses       3,392             4,197         26,787            16,110         132,794
                                    ------------      ------------   ------------      ------------   -------------
Operating Loss                           (2,948)           (4,197)       (26,343)          (16,110)       (121,591)

Interest Income                               6                 -              6                 -              38
Interest Expense                         (1,119)             (725)        (3,499)           (1,821)         (7,446)
                                    ------------      ------------   ------------      ------------   -------------
Net Loss Before Income Taxes             (4,061)           (4,922)       (29,836)          (17,931)       (128,999)

Provision for Income Taxes                  122                 -            122                 -             522

Net Loss from Continuing Operations      (4,183)           (4,922)       (29,958)          (17,931)       (129,521)
                                    ------------      ------------   ------------      ------------   -------------
Discontinued Operations:

     Loss from discontinued operations,
     net of tax                               -            (8,871)       (11,162)          (14,197)        (32,410)
                                    ------------      ------------   ------------      ------------   -------------
Loss from Discontinued Operations             -            (8,871)       (11,162)          (14,197)        (32,410)

Net Income/(Loss)                       $(4,183)         $(13,793)      $(41,120)         $(32,128)      $(161,931)
                                    ============      ============   ============      ============   =============
Income/(Loss) Per Share from
Continuing Operations                   $ (0.01)          $ (0.01)       $ (0.02)          $ (0.01)        $ (0.14)
                                    ============      ============   ============      ============   =============
Income/(Loss) Per Share from
Discontinued Operations                 $     -           $ (0.01)       $ (0.01)          $ (0.01)        $ (0.03)
                                    ============      ============   ============      ============   =============

Income/(Loss) Per Share                 $ (0.01)          $ (0.01)       $ (0.03)          $ (0.02)        $ (0.17)
                                    ============      ============   ============      ============   =============

Weighted Average Shares Outstanding   1,490,000         1,490,000      1,490,000         1,490,000         928,185
                                    ============      ============   ============      ============   =============


</TABLE>
                 See accompanying notes to financial statements

                                       4
<PAGE>

<TABLE>
<CAPTION>
                            HANGMAN PRODUCTIONS, INC.
                          [A Development Stage Company]
                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
          For the Nine Month Periods Ended September 30, 2008 and 2007
          and for the period from inception through September 30, 2008

                                                                  For the       For the    Since Inception
                                                                Nine Months   Nine Months    [8/11/99]
                                                                   Ended         Ended        through
                                                                  9/30/08      9/30/2007     9/30/2008
                                                                -----------   -----------   -----------
Cash Flows from Operating Activities

<S>                                                                 <C>           <C>           <C>
Net Income/(Loss)                                                   (41,120)      (32,128)      (161,931)
    (Gain)/Loss from Discontinued Operations                         11,162        14,197         32,410
                                                                 -----------   -----------   -----------
     Loss from Continuing Operations                                (29,958)      (17,931)      (129,521)

     Adjustments to reconcile net loss to net cash
     Provided/(Used) by Operating Activities:

         Non-cash contributed by shareholder                            900           900         2,700
         (Increase)/Decrease in prepaid expenses                        684             -             -
         Increase / (Decrease) accounts payable                       3,814         6,276        10,847
         Increase / (Decrease) in income taxes payable                    -             -           100
         Increase / (Decrease) in salaries payable                       86            54        39,849
         Increase / (Decrease) in accrued interest - related party    3,413         1,738         5,414
                                                                 -----------   -----------   -----------
     Net cash provided by/(used in) continuing operations           (21,061)       (8,963)      (70,611)
     Net cash provided by/(used in) discontinued operations         (26,224)      (74,187)     (120,213)
                                                                 -----------   -----------   -----------
Net Cash Provided by/(used in) Operating Activities                 (47,285)      (88,363)     (190,824)

Cash Flows Provided by Investing Activities

     Net cash provided by/(used in) continuing
     investing activities                                                -              -             -
     Net cash provided by/(used in) discontinued
     investing activities                                            29,800             -        29,800
                                                                 -----------   -----------   -----------
Net Cash Provided by/(used in) Investing Activities                  29,800             -        29,800


Cash Flows Provided by Financing Activities

     Proceeds from loans from shareholder                                 -        15,000        49,000
     Repayment on loans from shareholder                            (10,000)            -       (14,000)
     Issued Stock for cash                                                -             -        21,000
                                                                 -----------   -----------   -----------
     Net cash provided by/(used in) continuing
     financing activities                                           (10,000)       15,000        56,000
     Net cash provided by/(used in) discontinued
     financing activities                                            25,000        90,000       115,000
                                                                 -----------   -----------   -----------
Net Cash Provided by/(used in) Investing Activities                  15,000       105,000       171,000


         Net Increase/(decrease) in cash                             (2,485)       16,637         9,976

Beginning Cash Balance                                               12,461            68             -
                                                                 -----------   -----------   -----------
Ending Cash Balance                                                 $ 9,976      $ 16,705       $ 9,976
                                                                 ===========   ===========   ===========

Supplemental Schedule of Cash Flow Activities

     Cash paid for
         Interest                                                  $      -      $      -       $     -
         Income taxes                                              $      -      $      -       $    884
         Stock issued for accrued liabilities                      $      -      $      -       $ 37,500
         Non-cash gain from disposal of subsidiary                 $ 27,197      $      -       $ 27,197

</TABLE>
                 See accompanying notes to financial statements

                                       5
<PAGE>

                            HANGMAN PRODUCTIONS, INC.
                          [A Development Stage Company]
            Notes to the Condensed Consolidated Financial Statements


NOTE 1- BASIS OF PRESENTATION

          The accompanying unaudited,  condensed financial statements of Hangman
          Productions,  Inc. have been prepared in accordance with the rules and
          regulations  of the  Securities  and Exchange  Commission  ("SEC") and
          disclosures  normally included in the financial statements prepared in
          accordance  with generally  accepted  accounting  principles have been
          condensed or omitted.  It is suggested that these condensed  financial
          statements be read in  conjunction  with the financial  statements and
          notes thereto  contained in the Company's Annual Report on Form 10-KSB
          for the period ended  December 31, 2007.  In the opinion of management
          these interim  financial  statements  contain all  adjustments,  which
          consist  of  normal  recurring  adjustments,   necessary  for  a  fair
          presentation of financial position.  The results of operations for the
          interim  period are not  necessarily  indicative  of the results to be
          expected for the full year.

          Reclassifications - Certain  reclassifications have been made to prior
          period balances in order to conform to current period classifications.

NOTE 2- LIQUIDITY/GOING CONCERN

          The  Company  has  accumulated  losses  since  inception,  has minimal
          assets,  and has a net loss from  continuing  operations of $4,183 for
          the three months  ended  September  30, 2008.  Because the Company has
          accumulated  losses from it operations  since  inception,  has minimal
          liquid  current  assets,  and has  limited  sales  activity  there  is
          substantial  doubt about the Company's  ability to continue as a going
          concern. Management plans include continuing to develop its screenplay
          contests. The financial statements do not include any adjustments that
          might result from the outcome of this uncertainty.

NOTE 3- DIRECTOR COMPENSATION EXPENSES / RELATED PARTY TRANSACTIONS

          On April 1, 2006, the Company's Board of Directors resolved to suspend
          officer and director  salaries  until the Company  generates  positive
          operating  cash  flows.  Accordingly,  there  was no  officer  expense
          recorded  for the  three  months  ended  September  30,  2008.  Should
          operations  produce positive cash flow,  compensation will resume with
          one officer  receiving  $1,000 per month,  another  receiving $500 per
          month, and the third receiving $100 per month.

          Beginning July 1, 2006 salaries  payable began accruing  interest at a
          rate of 5% per annum.  The amounts owed are  unsecured  and are due on
          December 31, 2008.  The Company has accrued  interest  relating to the
          salaries payable of $249 as of September 30, 2008.

          During the year ended December 31, 2007,  James Doolin,  the Company's
          President and director, loaned the Company an additional $13,500 on an
          unsecured  debenture.  The Note accrues  interest at 10% per annum and
          matures  on  December  31,  2010.  As  of  September  30,  2008,   the
          outstanding  note  payable to the  shareholder  was  $28,732.  For the
          quarter ended September 30, 2008 the Company accrued  interest of $706
          on the note.

          During the year ended  December  31, 2007,  a  shareholder  loaned the
          Company $18,500 on an unsecured  debenture.  The Note accrues interest
          at 10% per annum and matures on December 31, 2010. On August 13, 2008,
          the Company  repaid $10,000 of the note. As of September 30, 2008, the
          outstanding  note  payable to the  shareholder  was  $10,701.  For the
          quarter ended September 30, 2008, the Company accrued interest of $139
          on the note.

          As of September 30, 2008,  approximately  68% of the Company's  issued
          and outstanding  common stock was controlled by one family giving them
          effective power to control the vote on  substantially  all significant
          matters without the approval of other stockholders.

          During the quarter ended  September 30, 2008,  management has provided
          office space,  telephone  service,  and computer usage to the Company.
          Management  has  estimated a percentage  of usage of the  resources to
          calculate  and record the expenses and  believes  this  estimate to be
          reasonable.  Any  difference  between  this  estimate  and the cost of
          resources if procured on a stand alone basis is considered immaterial.
          The amount  allocated,  charged  to  expense  and equity for the three
          months ended September 30, 2008 equates to $300.

                                       6
<PAGE>
                            HANGMAN PRODUCTIONS, INC.
                          [A Development Stage Company]
            Notes to the Condensed Consolidated Financial Statements


Note 4 -  Discontinued Operations

          On June 1, 2008,  Hangman sold its entire interest in 4th Grade Films,
          Inc.,  745,000  common  shares  of  stock,  at $0.04  per share for an
          aggregate  price of $29,800,  to Michael  Doolin,  the father of James
          Doolin,  the President and a director of the Company.  Hangman's total
          investment   in  the   shares  of  common   stock  of  4th  Grade  was
          approximately   $5,200.  Due  to  the  related  party  nature  of  the
          transaction, no gain was recognized and additional paid in capital was
          increased by $56,997. The results of operations of 4th Grade have been
          retroactively restated as discontinued operations.

Note 5 -  Recent Accounting Pronouncements

          In February 2007, the FASB issued SFAS No. 159, "The Fair Value Option
          for  Financial  Assets and  Financial  Liabilities"  (SFAS 159).  This
          Statement  provides  companies  with  an  option  to  report  selected
          financial  assets and  liabilities at fair value.  Generally  accepted
          accounting principles have required different  measurement  attributes
          for  different  assets  and  liabilities  that can  create  artificial
          volatility in earnings.  The  Statement's  objective is to reduce both
          complexity in accounting for financial  instruments and the volatility
          in  earnings  caused  by  measuring  related  assets  and  liabilities
          differently.  SFAS 159 was effective for the Company beginning January
          1,  2008  with  no  impact  on the  Company's  condensed  consolidated
          financial statements.

          In March  2008,  the FASB  issued  SFAS No.  161,  "Disclosures  about
          Derivative  Instruments and Hedging Activities.  "SFAS 161 is intended
          to  improve  financial  reporting  about  derivative  instruments  and
          hedging  activities  by  requiring  enhanced   disclosures  to  enable
          investors to better understand their effects on an entity's  financial
          position, financial performance, and cash flows. SFAS 161 is effective
          for financial  statements  issued for fiscal years and interim periods
          beginning after November 15, 2008, with early application  encouraged.
          We do not anticipate a material impact upon adoption.

          In May 2008,  the FASB issued SFAS No. 162, The Hierarchy of Generally
          Accepted  Accounting  Principles.  The new  standard  is  intended  to
          improve financial reporting by identifying a consistent framework,  or
          hierarchy, for selecting accounting principles to be used in preparing
          financial  statements  that are presented in conformity with generally
          accepted accounting  principles ("GAAP") for nongovernmental  entities
          in the United  States.  SFAS 162 is  effective 60 days  following  SEC
          approval of the Public  Company  Accounting  Oversight  Board Auditing
          amendments  to AU Section  411,  "The  Meaning  of  Present  Fairly in
          Conformity with Generally Accepted Accounting Principles." The Company
          is currently  evaluating  the impact,  if any, of adopting FAS 162, on
          its Consolidated Financial Statements

          In May 2008,  the FASB issued SFAS No. 163,  Accounting  for Financial
          Guarantee  Insurance  Contracts - an  interpretation of FASB Statement
          No. 60 ("SFAS  163").  SFAS 163  clarifies how Statement 60 applies to
          financial guarantee insurance contracts, including the recognition and
          measurement of premium revenue and claim  liabilities.  This Statement
          also requires expanded disclosures about financial guarantee insurance
          contracts.  SFAS 163 is  effective  for fiscal  years  beginning on or
          after  December  15,  2008,  and interim  periods  within those fiscal
          years.  The Company does not expect that the adoption of SFAS 163 will
          have a material impact on its consolidated financial statements.

          The  Company  has  reviewed  all other  recently  issued,  but not yet
          adopted,  accounting standards in order to determine their effects, if
          any, on its consolidated  results of operation,  financial position or
          cash flows.  Based on that review,  the Company  believes that none of
          these   pronouncements   will  have  a   significant   effect  on  its
          consolidated financial statements.


                                       7
<PAGE>
Item 2. Management's  Discussion and Analysis of Financial Condition and Results
of Operations.

     PLAN OF OPERATION

     The Company's  plan of operation for the next 12 months is to continue with
its current business of hosting screenplay contests. The latest iteration of the
ScreenplayShootout!  began in December 2007 and the call for submissions  closed
September 30, 2008. The winners of this contest were announced  August 31, 2008,
at which time the Company  recognized  the revenue  generated  from the contest.
This year Hangman will also begin developing  additional  contests to supplement
the ScreenplayShootout!  The  ScreenplayShootout!  welcomes submissions from all
genres,  whereas the new contests will focus on individual genres. By the fourth
quarter of 2008, the Company will introduce and begin accepting  submissions for
its  horror-themed  contest.   Although  a  genre-specific  contest  may  reduce
marketability  to  a  broad  participation  base,  it  will  attract  a  greater
concentration of participants  within a specific genre, due to a standardization
of judgment parameters.

     The Company has accumulated  losses from operations since inception and has
not been able to  generate  profits  from  operations.  The  Company  intends to
generate  revenue  through two areas.  The  Company's  management  believes  the
Company can generate  significant  revenue through  contest  submission fees and
sponsor  participation.   Sponsor  participation  includes  companies  who  will
advertise on our web properties and other promotional  materials,  targeting our
participant demographic.  However, the Company can provide no assurances that it
will be able to generate  any revenue from the film or its  contests.  Operating
capital,  including the proceeds to finance the Company's first film project has
been raised through the Company's shareholders.


     The  Company  has not  been  able  to  generate  positive  cash  flow  from
operations  since inception.  This along with the above mentioned  factors raise
substantial doubt about the Company's ability to continue as a going concern.

     MANAGEMENT'S  DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
     OPERATION

     OPERATING RESULTS - OVERVIEW

     The three month period  ended  September  30, 2008,  resulted in a net loss
from continuing operations of $4,183. The Company generated a Net Loss per Share
for the three month  period  ended  September  30,  2008 of $(0.01).  Details of
changes in revenues and expenses can be found below.

     OPERATING RESULTS - REVENUES

     The  Company  has not  generated  a profit  since  inception.  The  Company
generated a net loss of $4,183 on $3,694 in revenue for the three  months  ended
September  30,  2008.  For the  period  ended  September  30,  2007 the  Company
generated  a net loss of $13,793 on no revenue.  The  Company  did not  generate
revenue  in the  period  ended  September  30,  2007,  due to the  timing on the
Company's  screenplay  contests.  The Company will not provide any  forecasts of
future  earnings or  profitability.  The future success of the Company cannot be
ascertained  with  any  certainty,  and no such  forecast  or  guidance  will be
formulated or provided.


                                       8
<PAGE>
     OPERATING RESULTS - COST OF SALES

     Cost of sales was $3,250 for the three month  period  ended  September  30,
2008 and $0 for the three month period  ended  September  30, 2007.  The Company
recognizes  revenue from its screenplay  contest after the contest concludes and
the  winners  are  announced  and the  prize  money is paid.  The  winners  were
announced  August 31,  2008,  at which time the Company  recognized  the revenue
generated from the screenplay contest.

     OPERATING RESULTS - OPERATING EXPENSES

     Operating  expense for the three month period ended September 30, 2008, was
$3,392 compared with $4,197 for the period ended  September 30, 2007.  Operating
expenses  included  director   compensation,   professional  fees,  and  general
administrative expenses.

     - The Company's  professional  fees include  accounting and legal fees. The
     net accounting and legal expenses  incurred in the three month period ended
     September 30, 2008 totaled  $3,092.  In comparison  the net  accounting and
     legal expenses  incurred in the three month period ended September 30, 2007
     totaled $3,897.  The Company's legal and accounting  expenses  decreased in
     the  quarter  ended  September  30,  2008,  due to a decrease  in legal and
     accounting  fee  billings  for the  period.  The Company  estimates  annual
     accounting expenses to be approximately $14,000.  Management's estimate for
     legal expenses for the fiscal year to be approximately $5,000.

     - The  Company  incurred  $300 in rent for the  three  month  period  ended
     September 30, 2008 and 2007.

     OPERATING RESULTS - INTEREST EXPENSES

     The  Company  incurred  $1,119 in interest  expense  for the quarter  ended
September  30, 2008 and $725 for the  quarter  ended  September  30,  2007.  The
increase in interest for the three month period ended  September  30, 2008,  was
because the Company  maintained a higher  outstanding  loan balance for the most
recent quarter.

     LIQUIDITY

     As of September 30, 2008, the Company  maintained a cash balance of $9,976,
and an outstanding balance of $14,277 in current  liabilities.  The Company also
has a note payable to the Company's President and a shareholder in the amount of
$39,433. The Company had no inventory as of September 30, 2008.

     The  Company  has a cash  balance  of  $9,976  as of  September  30,  2008.
Management  anticipates that the Company's  existing cash balance will not cover
the  Company's  general  expenses of operation for the next twelve  months.  The
Company's  management  will continue to advance the Company monies not to exceed
$100,000,  as loans to the Company,  if needed.  A loan will be on terms no less
favorable to the Company than would be available from a commercial  lender in an
arm's length transaction.  If the Company needs funds in excess of $100,000,  it
will be up to the Company's  management to raise such monies. These funds may be
raised as  either  debt or  equity,  but  management  does not have any plans or
relationships currently in place to raise such funds. The Company can provide no
assurances  that if  additional  funds are  needed the  Company  will be able to
obtain financing.

     The  Company's  ability to  continue  as a going  concern is  dependent  on
management's  ability to generate revenue and to manage the Company's  expenses.
Management  will  continue  to seek  opportunities  to enhance  the value of the
Company and its profitability.

                                       9
<PAGE>
     CRITICAL ACCOUNTING POLICIES - ESTIMATES

     Our  discussion  herein and  analysis  thereof is based upon our  financial
statements  in Item 1 above,  which have been  prepared in  accordance  with the
rules  and  regulations  of the  Securities  and  Exchange  Commission("SEC")for
interim  financial  reporting.  The  preparation  of these  statements  requires
management  to make  estimates  and best  judgments  that  affect  the  reported
amounts.

     OFF-BALANCE SHEET ARRANGMENTS

     We do not have any off-balance sheet arrangements as of September 30, 2008.

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

     This item is not applicable to smaller reporting companies.

Item 4(T). Controls and Procedures

     Evaluation of Disclosure Controls and Procedures

     Disclosure  controls and procedures (as defined in Rule 13a-15(e) under the
Exchange Act) are designed to ensure that  information  required to be disclosed
in reports  filed or submitted  under the  Exchange Act is recorded,  processed,
summarized,  and reported  within the time periods  specified in rules and forms
adopted  by the  Securities  and  Exchange  Commission  ("SEC"),  and that  such
information  is  accumulated  and  communicated  to  management,  including  the
President  and Vice  President,  to allow timely  decisions  regarding  required
disclosures.

     Under  the  supervision  and  with  the  participation  of our  management,
including our President and Vice President,  we evaluated the  effectiveness  of
the design and operation of our  disclosure  controls and procedures (as defined
in Rule  13a-15(e)  under the  Securities  Exchange  Act of 1934 (the  "Exchange
Act")).  Based upon that evaluation,  our President and Vice President concluded
that,  as of the end of the  period  covered  by  this  report,  our  disclosure
controls and procedures were effective.

     Changes in Internal Control Over Financial Reporting

     During the most recent  fiscal  quarter  covered by this report,  there has
been no change in our internal  control over financial  reporting (as defined in
Rule  13a-15(f)  under the Exchange  Act) that has  materially  affected,  or is
reasonably  likely to materially  affect,  our internal  control over  financial
reporting.


                                       10
<PAGE>
                          PART II - OTHER INFORMATION

Item 1. Legal Proceedings.

        None; not applicable.

Item 1A. Risk Factors

        This item is not applicable to smaller reporting companies.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

        None; not applicable

Item 3. Defaults Upon Senior  Securities.

        None; not applicable.

Item 4. Submission of Matters to a Vote of Security Holders.

        None; not applicable

Item 5. Other Information.

        None; applicable

Item 6. Exhibits.

        (a) Exhibits

        31.1 302 Certification of James Doolin

        31.2 302 Certification of Shane Thueson

        32 906 Certification

        (b)Reports on Form 8-K.

        We filed a Form 8-K Current Report on June 5, 2008, reporting:

          - that the  Company  sold its entire  interest  in 4th Grade,  745,000
          common shares of stock,  at $0.04 per share for an aggregate  price of
          $29,800,  to Michael Doolin, the father of James Doolin, the President
          and a director of the Company.  The Company's total  investment in the
          shares  of  common  stock  of  4th  Grade  was  approximately  $5,200.
          Effective June 1, 2008, 4th Grade is no longer a subsidiary of Hangman
          Productions, Inc.

                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Issuer  has duly  caused  this  Report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                                HANGMAN PRODUCTIONS, INC.

Date: 11/10/08                  /S/ JAMES DOOLIN
                                --------------------------------------------
                                James Doolin, President and Director


     Pursuant to the  requirements  of the  Securities  Exchange Act of 1934, as
amended,  this  Report has also been  signed  below by the  following  person on
behalf of the Registrant and in the capacities and on the dates indicated.



Date: 11/10/08                  /S/ SHANE THUESON
                                --------------------------------------------
                                Shane Thueson, Vice President and Director


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