This reminds me of a story I heard about when I was in college, though I never believed it.
A �soggy biscuit� is when a group of guys put a biscuit out and stand around it in a circle. They all jack off together and cum on the biscuit. The last guy to cum has to eat the biscuit as punishment.
Rival frats would always accuse the other of doing it. I have no clue if anyone actually did.