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This is an insider LGBT term for acknowledging that someone is a pre-op transvestite while simultaneously soliciting sex from said individual. This statement is often followed by backroom sex play included but not limited to fellatio, scat play, skull fuckery, and anal bondage.
you: "Hey there Mr. Movie Star. There's a cat under your hood."
movie star: "Wow, I'm impressed you noticed. Come over into my dressing room for a little while."
you: "i'd be happy to. You'll notice I have black, red, and brown hankys in my right and left back pockets."
movie star: "I read you loud and clear Danny boy! Let's get to it!"
(refer to hanky code wikipedia page for more information)
by Dark Vader December 06, 2013
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