Black holes real or myth?

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While watching an enlightening movie on black holes in the universe it was explained that once an object passed the event horizon it fell deeper into the black hole until it no longer existed, because at the bottom of the black hole there is no space or time. If indeed the particles that fell into the black hole became way to small for us to comprehend, beyond atoms, then if those particles rejoined at some time perhaps the black hole could erupt think of it as an volcano only it is because all these really minute particles become to heavy for absolute zero grvity so they push back upwards causing in a since another big bang. Just a theory...anyone else have a theory on black holes? Do you think they exist?