No drawing Ability+ Ms Paint+ Laptop Mouse= High quality art shown below. With that being said I'm glad this contest is based on the idea and not the quality of the drawing of the idea.
- Stretch out the fabric where the opening is and wear it like a wizard hat. Claim to be a Cthulhu summoner.

- Glue magnetic balls to the suction cups and become to LAMEST super villain ever by stealing all the paper clips/staples in your office or home.

- With the above idea, you could try to catch a bullet (Not recommended)

- Put CDs on the suction cups and try to create a budget solar powered death ray, Perfect for staying inside all day on a nice day.
T
hanks to executioneer for saying how to upload pictures.
More once I get photoshop up.