shit-pimp: to 'pimp the shit' or to 'make unbelievably cool' something that your friends said couldn't be fixed or made awesome. Only to be used in circumstances of extreme amazement of the pimping of something that was once shit.
note: following situation is just an example and is not in anyway meant to be offensive or possible.
man 1: remember my old girlfriend Britany? The one with the black hair?
man2: You mean the 300 lb. whore who you only asked out because you lost a bet?
man1: yeah; i took her to weight watchers and paid $5000 to have them genetically alter her body. Now she weighs 90 lbs., check her out - *introduces new britany who looks like frickin angelina jolie*
man2: omfg!!!!!! your girlfreind got shit pimped!!!!!!
Some one who is such a fuckin idiot that he is decribed as some one who pimps out shity ass holes.
James: O god my step brother bought a hat that makes him look like a 60's wise guy. He also asked out my sister (his step sister) 2 twice in a week.
Joey:What a shit pimp.