A darkly poetic fable that begins with a little girl drawing figures of people with chalk on the cement of a playground. She takes notice of an unusual crack in the pavement that is seeping a mysterious black fluid, which she follows to an ominous building. Inside, she encounters several bizarre phenomena, including walls that bleed black and tentacles that emerge from the ceiling to touch her. She then witnesses the birth of five terrifying supernatural beings that threaten the existence of her world.
Valerie is in love with a brooding outsider, Peter, but her parents have arranged for her to marry another man. Unwilling to lose each other, Valerie and Peter plan to run away together when Valerie's older sister is killed by a werewolf that prowls the dark forest surrounding their village. Panic grips the town as Valerie discovers that she has a unique connection to the beast--one that inexorably draws them together, making her both suspect ... and bait.