It is a way of a guy saying he is going to have rawdonkulus intercourse with the opposite gender and not perform any
dirty tricks such as a phantom or ice
dragon. Its is derived from The Teenage Mutant Ninja Turtles(Kowabonga which is
awesome) and the drill company Double Decker add it with the word collision(intercourse) and turtle wax(symbolizes wetness. words that are ordinary alone but together mean something totally different