When a normal sound becomes something abnormal all puppets are in danger
Positives: You deserve points for originality. I think these found footage stories are ripe for spoofing, and I see influence here from the Paranormal Activity franchise, The Ring movies, and even all the way back to The Blair Witch Project. I also think you're on the right track with the ridiculous exaggeration; if you're going to satirize this genre, I think you really do have to go that far.
Improvements: Having said all that, even at 3 minutes, this gets a little repetitive. The title cards get a bit laborious to read. I wonder if there could have been a bit more of a story besides various people finding the footage and dying. I haven't watched a lot of those movies, but I wonder if you could have spoofed them in various ways, instead of just repeating the same joke in longer and longer title cards. Still, I like the creativity. Keep at it because you never know what's going to connect.
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