On Halloween night, the pirate radio show 'American Nightmare' is broadcasting through the night. The shows cynical and sadistic presenter has invited listeners to phone in and share their worst nightmares while he commemorates the massacre of four college students one year ago. At a local cafe, seven friends have gathered for dinner before heading out for a Halloween party. With the radio show playing in the cafe, they each take a turn to phone in and describe their worst fears. But unbeknownst to them, a killer is lurking nearby - a killer whose only intention is to turn their fears into a violent reality.