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The Point of no Ashtray 

The point in time at a house party where it gets too crowded and people get so drunk that they stop looking for ashtrays and start using any object for ashing and putting off the cigarettes.
Person One: "I woke up the next day to clean and one corner was filled with cigarette butts"
Person Two: "Ah, so it reached the point of no ashtray"
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The point pleasant crab walk 

When you and a group of friends are on the beach. All take your dicks out and form a circle all holding one other persons dick and proceed to walk down the beach
Hey guys wanna clown around and do the point pleasant crab walk

the point of no return 

the 3-5 seconds before you blow your wad
Phil: cassie..i'm...i'm...gonna...
Cassie: *suck, slurp* oh *orgasms* your cock is so hard! *another orgasm*
Phil: i've entered the point of no return!
*4 seconds later*
Cassie: I love swollowing your cum!
the point of no return by Phil March 17, 2004

The Point Of Life 

To live and to die. Quite simple really.
Friend: What is the point of life?
Me: well to live and then die of course!
Friend: Sounds about right.

The Point of Vag Return 

When you go down on a girl and, just as you get closer to her genital area, you realize her vag smells like a dumpster.
Oh man. I went to go down on Carla last night and I experienced the Point of Vag Return. It was horrible.

The Point System  

The Point system is, as stated, a system of points earned based on sexual activities performed in areas other than either participants bedroom. It generally takes the form of friendly competition between bored, promiscuous friends.
points:
2nd base= 1 points
3rd base= 2 points
4th base= 5 points

additional rules:
any actions that lead to other actions (e.g. hand action leading to sex) points are awarded for the highest earning activity only.
however, if additional activities are added after this, these points are counted as well.

extra points:
one extra point is awarded for the following
-if the participants are not a couple
- if there are other people in the room
- if 2 activities are done at the same time (e.g. 69ing is 5 points instead of 4)
-in the case of sex, 2 extra points are awarded instead of one. i.e. sex with someone else in the room earns 7 points etc.
"aw man, fingered this chick in my brothers room while he was in there. we got 3 points."
...
"hey man, how many points you get last night?"
"23"
"Dude, you're winning The Point System "
The Point System by McGarfield October 18, 2008

The Point of Root

The point of root is when one is at a point where there actions could not be any looser
Jim: Oi cunt look at that tradie over there, i think he has hit the point of root
Rod: Fucken oath he has, he's rootin a dead squirrel while taking a fat BOG down some poor cunts throat