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 March 31, 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:

                                  May 13, 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
10-Q 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.

<TABLE>
<CAPTION>
                              HANGMAN PRODUCTIONS, INC.
                          [A Development Stage Company]
                      CONDENSED CONSOLIDATED BALANCE SHEET
                              As of March 31, 2008
                              and December 31, 2007

  ASSETS                                        03/31/2008           12/31/2007
                                              ---------------     ----------------
                                                [Unaudited]           [Audited]
Assets

     Current Assets
<S>                                                 <C>                  <C>
        Cash                                        $  4,060             $ 12,461
        Prepaid Expenses                                   -                  684
                                              ---------------     ----------------
      Total Current Assets                             4,060               13,145

     Non-Current Assets

        Film Costs                                  $ 96,198             $ 77,448
                                              ---------------     ----------------
     Total Non-Current Assets                         96,198               77,448
                                              ---------------     ----------------

Total Assets                                         100,258               90,593
                                              ===============     ================

           LIABILITIES AND STOCKHOLDERS' DEFICIT

Liabilities

     Current Liabilities

        Accounts Payable                            $ 14,404             $ 10,990
        Franchise Taxes Payable                          100                  100
        Accrued Interest - related party                 981                  981
        Accrued Director Compensation                  3,791                3,013
        Unearned Revenue                                  33                    -
                                              ---------------     ----------------

     Total Current Liabilities                        19,309               15,084
                                              ---------------     ----------------
     Long Term Liabilities

        Note Payable - Shareholders                 $ 67,668             $ 46,020
                                              ---------------     ----------------
     Total Long Term Liabilities                      67,668               46,020
                                              ---------------     ----------------
Total Liabilities                                     86,977               61,104
                                              ===============     ================

        Noncontrolling Interest                       90,000               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                               45,700               45,400
        Deficit Accumulated during the development
        stage                                       (137,319)            (120,811)
                                              ---------------     ----------------

     Total Stockholders' Deficit                     (76,719)             (60,511)
                                              ---------------     ----------------
Total Liabilities and Stockholders' Deficit        $ 100,258             $ 90,593
                                              ===============     ================

</TABLE>


                                    2
<PAGE>

<TABLE>
<CAPTION>

                              HANGMAN PRODUCTIONS, INC.
                          [A Development Stage Company]
                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
               For the Three Months Ended March 31, 2008 and 2007
           and For the Period from Inception through March 31, 2008

                                                      For the                 For the           Since Inception
                                                   Three Months              Three Months          [8/11/99]
                                                       Ended                   Ended                through
                                                     03/31/08               03/31/2007             03/31/2008
                                                  ----------------        ----------------     -----------------

<S>                                                      <C>                     <C>                   <C>
Revenues                                                 $      -                $      -              $ 16,509
Cost Of Sales                                                   -                       -                 5,750
                                                  ----------------        ----------------     -----------------
      Gross Margin                                              -                       -                10,759

General and Administrative Expenses                        14,831                   6,194               141,630
                                                  ----------------        ----------------     -----------------

Operating Loss                                            (14,831)                 (6,194)             (130,871)
Interest Income                                                 -                       -                    33
Interest Expense                                           (1,677)                   (399)               (5,623)
                                                  ----------------        ----------------     -----------------
Net Loss Before Income Taxes                              (16,508)                 (6,593)             (136,461)

Provision for Income Taxes                                      -                       -                   858
                                                  ----------------        ----------------     -----------------

Net Loss                                                  (16,508)                 (6,593)             (137,319)
                                                  ================        ================     =================

Loss Per Share                                            $ (0.01)                $ (0.01)              $ (0.16)
                                                  ================        ================     =================


Weighted Average Shares Outstanding                     1,490,000               1,490,000               877,347
                                                  ================        ================     =================

</TABLE>


                                       3
<PAGE>

<TABLE>
<CAPTION>
                              HANGMAN PRODUCTIONS, INC.
                          [A Development Stage Company]
                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
               For the Three Months Ended March 31, 2008 and 2007
           and For the Period from Inception through March 31, 2008

                                                              For the         For the       Since Inception
                                                             Three Months    Three Months     [8/11/99]
                                                               Ended           Ended           through
                                                              03/31/08        03/31/2007      03/31/2008
                                                            ------------    ------------    --------------
Cash Flows Provided by (used for)
Operating activities
<S>                                                             <C>              <C>             <C>
Net Loss                                                        (16,508)         (6,593)         (137,319)

     Adjustments to reconcile net loss to net cash
     provided by operating activities:

         Non-Cash Contribution by Shareholder                       300             300             2,100
         (Increase)/Decrease in prepaid expenses                    684               -                 -
         Film Productions                                       (18,750)              -           (96,198)
         Increase / (Decrease) accounts payable                   3,413             828            14,403
         Increase / (Decrease) in income taxes payable                -               -               100
         Increase / (Decrease) in payable to shareholder              -               -             3,410
         Increase/(Decrease) in Salaries Payable                     28              27                28
         Increase / (Decrease) in Accrued Directors Compensation    750               -            41,263
         Increase in accrued interest - related party             1,649             372             4,240
         Increase / (Decrease) in unearned revenue                   33               -                33
                                                            ------------    ------------    --------------
Net Cash Provided by (used) in Operating Activities             (28,401)         (5,066)         (167,940)

Cash Flows Provided by Investing Activities

     Purchase of equipment                                            -               -                 -
                                                            ------------    ------------    --------------
Net Cash Used by Investing Activities                                 -               -                 -

Cash Flows Provided by Financing Activities

     Proceeds from issuance of Preferred Shares                       -               -            90,000
     Proceeds from loans from shareholder                        20,000           5,000            65,000
     Repayment on loans from shareholder                              -               -            (4,000)
     Issued Stock for cash                                            -               -            21,000

                                                            ------------    ------------    --------------
Net Cash Provided by Financing Activities                        20,000           5,000           172,000

         Net Increase (decrease) in cash                         (8,401)            (66)            4,060

Beginning Cash Balance                                           12,461              68                 -
                                                            ------------    ------------    --------------

Ending Cash Balance                                             $ 4,060             $ 2           $ 4,060
                                                            ============    ============    ==============

Supplemental Schedule of Cash Flow Activities

     Cash paid for
         Interest                                                   $ -        $      -          $      -
         Income taxes                                               $ -        $    429          $    884
         Stock issued for accrued liabilities                       $ -        $ 37,500          $ 37,500

</TABLE>

                                       4
<PAGE>

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


NOTE 1- BASIS OF PRESENTATION

          The   accompanying   unaudited,   condensed   consolidated   financial
          statements of Hangman  Productions,  Inc.  (the  "Company" or "Hangman
          Productions")  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.

          Consolidation - The  accompanying  consolidated  financial  statements
          include  all of the  accounts  of Hangman  Productions,  Inc.  and its
          subsidiary,  4th  Grade  Films,  Inc.  All  significant  inter-company
          accounts and transactions have been eliminated.

          Filmed  Entertainment  Costs - In  accordance  with SOP  00-2,  Filmed
          entertainment costs include capitalized production costs and overhead.
          These costs, as well as  participation  and  exploitation  costs,  are
          recognized as operating  expenses on an  individual  film basis in the
          ratio that the current  year's  gross  revenues  bear to  management's
          estimate of total ultimate gross revenues from all sources.  Marketing
          costs and development  costs under term deals are charged as operating
          expenses as incurred.  Development costs for projects not produced are
          written-off  at the  earlier of the time the  decision is taken not to
          develop the story or after three years.

          Filmed entertainment costs are stated at the lower of unamortized cost
          or estimated fair value on an individual  motion picture or television
          product  basis.   Revenue  forecasts  for  both  motion  pictures  and
          television products are continually reviewed by management and revised
          when  warranted  by  changing  conditions.  When  estimates  of  total
          revenues and other events or changes in circumstances  indicate that a
          motion picture or television  production has a fair value that is less
          than its  unamortized  cost, a loss is  recognized  currently  for the
          amount by which the  unamortized  cost exceeds the film or  television
          production's fair value.

NOTE 2- LIQUIDITY/GOING CONCERN

          The  Company  has  accumulated  losses  since  inception,  has minimal
          assets,  and has a net operating  loss of $16,508 for the three months
          ended March 31, 2008. Because the Company has accumulated losses 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 and develop,  finance, produce, market
          and  distribute  films  within the  independent  film  community.  The
          financial  statements do not include any adjustments that might result
          from the outcome of this uncertainty.

                                       5
<PAGE>
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 March 31, 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 $191 at March 31, 2008.

          During the year ended December 31, 2007,  James Doolin,  the Company's
          President  and  director,  loaned the Company  $13,500 on an unsecured
          debenture.  The Note accrues  interest at 10% per annum and matures on
          December 31, 2010. As of March 31, 2008, the outstanding  note payable
          to the shareholder  was $27,344.  For the quarter ended March 31, 2008
          the Company accrued interest of $665 on the note.

          During the three month  period  ended March 31,  2008,  a  shareholder
          loaned the Company's subsidiary,  4th Grade Films, Inc., $20,000 on an
          unsecured  debenture.  The note  accrues  interest  at 10%  annum  and
          matures on December  31, 2010.  For the quarter  ended March 31, 2008.
          The Company accrued interest of $502 on the note.

          As of March 31, 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 March 31,  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 period
          ended March 31, 2008 equates to $300.

Note 4 -  Film Costs

          Film costs consisted of the following as of March 31, 2008:

            Films:

            Released                       $        -
            Completed, not released                 -
            In production                      96,198
            In development, or Preproduction        -
                                           ----------
            Total                          $   96,198
                                           ==========

          As of March 31, 2008, the Company does not have any  unamortized  film
          costs of completed or released films or participation liabilities and,
          therefore,  does not present an estimate of the  amortization of these
          costs.

                                       6
<PAGE>
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 December  2007,  the FASB issued SFAS No. 141 (revised 2007) ("SFAS
          141R"),  "Business  Combinations"  and  SFAS  No.  160  ("SFAS  160"),
          "Noncontrolling  Interests in Consolidated  Financial  Statements,  an
          amendment of  Accounting  Research  Bulletin  No. 51".  SFAS 141R will
          change how business  acquisitions  are  accounted  for and will impact
          financial  statements both on the  acquisition  date and in subsequent
          periods.  SFAS  160 will  change  the  accounting  and  reporting  for
          minority  interests,  which will be  recharacterized as noncontrolling
          interests and classified as a component of equity.  SFAS 141R and SFAS
          160 are effective  for the Company  beginning  January 1, 2009.  Early
          adoption is not permitted.  The Company is evaluating the impact these
          statements will have on its 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.


                                       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  operations in the screenplay  contest and independent film
industries. The Company began production of an independent feature film in 2007.
The film will be completed by June,  2008.  The Company also commenced its third
screenplay contest, the  ScreenplayShootout!  The Company has accumulated losses
since inception and has not been able to generate profits from  operations.  The
Company intends to generate revenue through two fronts. 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.  Hangman also plans to generate revenue by selling
its film or selling the distribution  rights of the film;  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.
If the Company does not  successfully  generate  profits from its initial  film,
there  are no  assurances  that the  Company  will be able to  raise  additional
capital for operations and/or other independent film projects.

     The latest iteration of the ScreenplayShootout!  began in December 2007 and
the call for  submissions  will close June 30, 2008. 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.  Starting in the second half of 2008,
the Company will introduce a 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.

     4th Grade  Films,  Inc.,  the  Company's  subsidiary,  feature film will be
completed by June, 2008. At that time, the Company's management will shift focus
to marketing and securing distribution for the film by leveraging  relationships
that the Company is currently  nurturing.  The Company's management is currently
formalizing its short-term distribution strategy for the film, which may include
both domestic and  international  distribution  through a variety of media (film
festivals, DVD, cable on-demand, internet, et al). Although the Company's future
projects are not solely  contingent on a successful  distribution of the film it
will propel the commencement of additional film projects.

     The  Company's  long-term  strategy with its  subsidiary,  4th Grade Films,
Inc.,  includes  producing  subsequent  feature films and  exploring  production
opportunities  outside  narrative  feature  films  including  corporate  videos,
documentaries,  and  commercials.  These  projects  will  allow the  Company  to
generate  revenue by  charging a  production  fee and passing  production  costs
directly to the client.

     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 March 31,  2008,  resulted in a net loss of
$16,508.  The Basic Loss per Share for the three  month  period  ended March 31,
2008 was  ($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 $16,508  and no revenue  for the period  ended March 31,
2008.  For the period  ended March 31, 2007 the Company  generated a net loss of
$6,593 on no  revenue.  The  Company  was unable to  generate  revenue in either
period due to the timing on the  Company's  screenplay  contests.  The Company's
current screenplay contest, the ScreenplayShootout!  comes to an end on June 30,
2008.  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 if and  until  the  Company  obtains  distribution  of its  film
projects, no such forecast or guidance will be formulated or provided.

                                       8
<PAGE>
     OPERATING RESULTS - COST OF SALES

     Cost of sales was $0 for the three  month  period  ended March 31, 2008 and
March 31, 2007. The Company did not generate  revenue for the period ended March
31, 2008 or March 31, 2007, and therefore did not incur any expenses  related to
revenue.

     OPERATING RESULTS - OPERATING EXPENSES

     Operating  expense for the three month  period  ended March 31,  2008,  was
$14,831  compared  with $6,194 for the period  ended March 31,  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
     March 31, 2008 totaled $10,625.  In comparison the net accounting and legal
     expenses  incurred in the three month  period  ended March 31, 2007 totaled
     $5,241. The Company's legal and accounting  expenses  moderately  increased
     this  year  due  to  the  addition  costs  associated  with  the  Company's
     subsidiary,  4th Grade Films,  Inc. 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 March
     31, 2008 and 2007.

     - Other  general and  administrative  expenses  for the  quarter  ended was
     approximately $3,906 compared to $623 for the same period a year prior. The
     increase  in general and  administrative  is due to the  combined  expenses
     attributed to 4th Grade Films, Inc.

     OPERATING RESULTS - INTEREST EXPENSES

     The Company incurred $1,677 in interest expense for the quarter ended March
31, 2008 and $399 for the quarter ended March 31, 2007. The increase in interest
for the three  month  period  ended  March 31,  2008,  was  because  the Company
maintained an significantly  higher  outstanding loan balance to shareholders of
$67,668 which incurred  interest.

     LIQUIDITY

     As of March 31, 2008, the Company  maintained a cash balance of $4,060, and
an outstanding balance of $19,176 in accounts payable and accrued expenses.  The
Company also has a note payable to the Company's  President and a shareholder in
the amount of $67,668.  The Company had no inventory  as of March 31, 2008,  but
has capitalized film development costs of $96,198.

     The Company has a cash balance of $4,060 as of March 31,  2008.  Management
does not  anticipate  that the  Company's  existing  cash balance will cover the
Company's general expenses of operation for the next twelve months. However, the
Company's  management  will continue to advance the Company monies not to exceed
$100,000,  as loans to the Company.  The 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 March 31, 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.


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<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.

        None; Not Applicable.

                                   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: 05/13/08                  /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: 05/13/08                  /S/ SHANE THUESON
                                --------------------------------------------
                                Shane Thueson, Vice President and Director


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