NOTE 1 – ORGANIZATION AND BUSINESS
Mass Hysteria Entertainment Company, Inc. ("MHe", “Mass Hysteria” or the “Company”). MHe is an innovative development stage entertainment company working on creating real time interactive capacity through Smart Phones and Tablets for Movies, sporting events and live concerts. Additionally, Mass Hysteria produces movies for theatrical, DVD, Cable and television distribution. Those traditional revenue streams are still pursued at the same time as we are identifying those revenue streams that will define new media's involvement in the entertainment business such as downloading applications to smart phones that will allow theater, concert or sporting event-goers to "participate" with the experience. We will outsource development of our own mobile applications; however, our success will depend on our ability to raise capital, as well as generate revenues from our current operations (also see Note 3). There are technology and competitive risks associated with interactive mobile devices and these entertainment events.