A miniature unicorn. Combination of Puny and Unicorn

Intelligence agency term for "psychological operation". A government or corporate-sponsored operation, usually taking the form of a "terrorist attack" or "crazed gunman on a spree", with the intent of panicking the public into demanding more police and laws inhibiting freedom. Psyops are usually carried out by drugging a civilian or group of civilians with aggression-promoting drugs, psyching them up, arming them, and sending them out to commit mayhem. Government-sponsored terrorism. See also blackshirts, conspiracy

The result of the mating of Pegasus with an unicorn; a unicorn that has wings and can therefore fly.

This saying is commonly said by Brandon Farris and his little dooders, the word is just referring to a unicorn.