This wonderful sentence has the same meaning of "get rekt m8", which means "get wrecked mate".
Also the character Shrek is known on the internet for his homosexuality. So, as you can imagine, in this case "get wrecked" can stand for "get fucked in the anus" lol.
Confused? Awesome. Just search "Shrek is love, Shrek is life" on YouTube.
You are welcome.
-On WhatsApp-
Justin: Man i'm in a big problem..
Bob: What happened fag?
Justin: She..she..is a male. But i love her, i mean him ... fuck.
Bob: LOOOL GET SHREKT M8
by Qual Cuno October 3, 2015
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