Oscar. Tango. Hellwater. is a horror re-imagining of William Shakespeare's Othello. After losing his strongest employee to a gruesome bear attack, Ottoman Moore is forced to accept the help of a mysterious trio, led by Egon Carthwright, a travelling preacher. The newcomers arrived early for their duties of setting up the town fair in order to trap the murderous bear let loose by a sympathetic amuser from the town prior. Ottoman's life is slowly unraveled as he begins to suspect his wife Daisy of having an affair with one of his employees.