Three students rival for leading the class in supernatural science. Monica has found a formula to turn a man into a werewolf. Her boyfriend Dale drinks it, but nothing happens at first. At midnight he fantasizes about being a werewolf. Turns out he is the victim of a cruel hoax by jealous friend Hilton.
Richard Forman made a fortune with counterfeit money, but let his partner Burt Jorgens go to prison. Years later Jorgens is released and stalks Forman by tattooing him in his sleep with symbols foreboding strange accidents. Finally confronting Forman, Jorgens drowns him in the hotel swimming pool.