Phantasm 1978 opening card: Anagramming the hell out of it

 

This is an opening card of 1978 horror cult classic Phantasm. It is a dictionary description of the word "phantasm". It also outlines major themes of the movie - a nice and simple way of setting the viewer's expectation on the right track.

And since there is a whole lot of text - why not do some anagrams with it?

That's what i did. Except it is not really a dictionary definition anymore - it is story of an impression warped in words.