This tense was very popular during the 1950's and 60's.
Marquis: "I is will have done going to complete my thesis on electron migration throughout the subatomic nuclei"
John: "Thats swell Marquis, I sure do hope you finish on time."
Marquis: " I is will be going to have fina done it on time or Miss. Madison sure is going to be mad with me."
John: "Golly Marquis you sure are one responsible chap. I like the way you use that darn black tense."