Nike SB was set to release these one of a kind 'Freddy Krueger' Dunk Lows back in November of 2007. They were to be part of a 'horror pack' collection. Each sneaker was designed to reflect the design and personalities of some of Hollywood's most famous monsters. For unknown reasons, Nike cancelled the release, and very few of them actually exist today.
The green and red stripes obviously resemble Freddy's sweater. The chrome Nike swoosh is supposed to be his claw. Even if you aren't a fan of horror movies, you have to impressed by the way every single color fits on this shoe. I've been looking for these for over a year now and still no luck. The link below has one more picture.