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Meaning "Fuck Yeah" or "Yes"
Also can use Yumps for same meaning.
Originated in San Jose, CA
Person 1:"Bruh did you see the Warriors game?"
Person 2:"Nah, who won?"
Person 1:"Warriors, obviously"
Person 2:"Oh Yumps!"
Oh Yumps by wssj June 12, 2016

Oh, I always get yummy demerits! 

Words yet to be uttered by the true master, but currently are shared with enjoyment between memers.

The ‘oh’ part shows the enthusiasm that will go into this phase, and ‘always’ shows it happens often.
Person 1: ‘Oh, I always get yummy demerits!
Person 2: Haha, nice one! I wonder when our true master will give in and utter them...
Person 1: agreed.