1) The disgusting, painful, and often blood filled substances secreted by the lungs and bronchial tubes, after the initial ckokeing, gaging, and wheezing, following an overexuberant cock sucker literally inhaleing the male ejaculate into the lungs.
2) A horribly vile name to call someone who has so far surpassed douchebag status that no other words can possibly express their level of filthy assholery.
The Coke Cum Captain Challenge (CCCC) is explained as follows. While receiving oral sex, the male partner waits until he is about to unleash his kraken. Upon this moment he exclaims "Coke Cum Captain!" and he shoots his load up her/his nose. At this point the girl/guy receiving must keep it up her nose for as long as she/he can say "Coke Cum Captain curses my crotch" 10 times fast. Once accomplished, she/he is the Coke Cum Captain.