Madness: Gli Occhi della Paurahttp://www.dbcult.com/movie-database/madness-gli-occhi-della-luna-1971/Seems it's directed by Cesare Rau - produced by Lupo films.
The plot, three psychopaths escape from an asylum and fall in with a bunch of hippies, proceed to take LSD and realise the place they now find themselves isn't much different to the asylum they escaped from. No doubt there's a bit more to it than that.
Just under the review it states the film was screened in 2010 at the 'DBCult Institute', from 35mm.
http://it.wikipedia.org/wiki/Madness_-_Gli_occhi_della_lunaMore info: and curiously, like 'All on the Red', we now get a completely new genre, 'spionaggio' (Espionage) which doesn't really fit in with the synopsis above from the DBCult review (?)
It also mentions that the film was considered 'lost' until a print was discovered in the Bologna film archives in 2007. Previously, only one copy was thought to exist, owned by the director who passed away in 1990.
That's about all I can drum up.