The curdled or crusty substance found when picking up a males large breast. It carries a rotten odor similar to those of a bottled Hershey's squirt. When picked, it can be put in salads in replacement of croutons.
Schloopy is best characterized as the insertion of a sock in a womans vagina, followed by the insertion of the penis into the sock, providing more friction and a ready made cum rag. Derived from the sock puppet on Malcolm in the Middle. Can also be used in the anus, but it is much more painful.