Mr. Krabs: [draws a ghost on a piece of paper and attaches it to a fishing pole] This'll scare him.
[dangles it through the window of a sleeping SpongeBob, moaning like a ghost. SpongeBob wakes up]
SpongeBob SquarePants: Oh my gosh, a floating shopping list!
[He screams]
Mr. Krabs: [looks at the paper which reads "milk, eggs, bread"] I'm not a shopping list
[turns it over]
Mr. Krabs: I'm a ghost!
[SpongeBob squeals with fright]
Mr. Krabs: Now listen, SpongeBob!
SpongeBob SquarePants: How do you know my name? Who are you?
Mr. Krabs: I am the ghost of soda drink hats!
[He draws a picture of the soda drink hat he gave SpongeBob and hangs it in front of the window]
Mr. Krabs: I'm here to tell you that that soda drinking hat you possess is cursed!
SpongeBob SquarePants: Cursed?
Mr. Krabs: Yes; it belongs to some guy who's dead now.
SpongeBob SquarePants: What guy?
[Mr. Krabs is flabbergasted by this; he hadn't anticipated that SpongeBob would asked for exact details]
Mr. Krabs: Uh... Smitty something.
SpongeBob SquarePants: Smitty what?
Mr. Krabs: Uh, Smitty... Werben... Jaegerman... Jenson.