Melt butter in a large, heavy frying pan.
Add jalapeno peppers, green peppers, red peppers and onions and saute until onions become transparent.
Season with salt, pepper, Tabasco and cilantro.
Beat eggs with 1 Tablespoon of water and slowly pour throughout the sauteed mixture.
Simmer covered over low heat until the eggs are set.
Pan fry mushrooms in a little butter and put to one side to keep warm
Add cheese to one side and carefully flip the other side over.
Remove from heat and cover for an additional minute to melt the cheese completely.