The Secret Formula... Shhhhhhh...
For centuries men have sought the "Philosopher's Stone". Some say they dreamed of transmuting base metal into gold. Oddly enough, the secret was discovered by a crab. In fact, it was found by none other than "Mr. Crabs" of Spongebob fame. The "Secret Formula" that Plankton is always trying to steal transmutes Bear Balls into Ketamine
Make no wonder he's always cackling & grinning...