It's a combination of the words lol and OK. It's most commonly used when someone says something silly/stupid that you don't agree with but it's not worth your time to correct them, but it also can be used simply as an acknowledgment.
An abbreviaton for laugh out kangaroo loud.It was first a misspelling but shall start a revolution!! USE LOKL AND WE SHALL SOON RULE THE WORLD!!!
(usually used only by insane people in online chat rooms)
Bob:Wise man once said he who stands on toilet is high on pot.
Zeekeryarydoodopieman:Lokl im gonna drink some toilet water after getting high on pot!!!!
A combination of lol and ok usedtogether (often because the realization is obvious.) or because you're taking immediate action on the reply - or expressing understanding. Variant is lolk which is more of an acknowledgement.
"I can't find my glasses"
"that's because they're on top of your head."
"lokl ;-)"
or
"He's gonna get play tonight!"
"why?"
"Cuz she's a dyson vacuum cleaner"
"lolk!"
Loklin is a man of intelligence and honesty. Always known for being perfect. Very few love this man but once one falls in love with him, you can never fall back out. EVER!