It doesn't just work you have to put in your paths I had trouble but finally figured it out. Mine looks like this
..\hypseus.exe singe vldp -framefile singe\maddog2-hd\maddog2-hd.txt -script "E:\Emulators\Hypseus Singe\roms\singe\maddog2-hd\maddog2-hd.zip" -fullscreen -blend_sprites -volume_nonvldp 5 -volume_vldp 20 -js_range 7 -manymouse -bezel maddog2-sinden.png -xratio 1.33
REM Optional:
REM -nocrosshair
PAUSE
Notice teh E:\Emulators that's my path, your path will be different.