First result from google
"there was this eye and if it looked at you got hinned and everyone would not like you and gather round and laugh.,It was like this sick monster eye with wings"
(well, Sun 6 Jul 2008, 0:20, archived)

Precisely my point
It explains very little.
(mediumpete will see you next tuesday., Sun 6 Jul 2008, 0:21, archived)

What more do you need to know?
www.oliuntitled.com/img/eye-of-hin.gif
(well, Sun 6 Jul 2008, 0:23, archived)

Further investigating seems to suggest that it is some sort of text meme on this site
www.dogsonacid.com perhaps you should create an account and ask them.
(well, Sun 6 Jul 2008, 0:35, archived)