The aftermath or end result obtained by allowing puss / loin juice to dry on one's beard or goatee, often a tell tale sign of being nose deep in moose knuckle.
Neil: "Hey dude, you hungry? Let's go eat."
Bob: "Naw man, I've been snacking on leftover poon chips all mornin. Tasty shit!"
OR...
Wesley: "Hey man have you been eating a bear claw? You got donut glaze all over your face."
Lar: "Man, that ain't donut's them's is poon chips!"
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