It IS CMB, which stands for
Cash
Money
Boys.
Frog eyes and bubble eyes are the same thing, the new headlights are bubble shaped, much like a frog's eyes.
O-Z is simple, an ounce of whatever, gold, drugs.
Crissy is a very expensive champagne, non-ebonics people know it as Cristal (pronounced chris-tal accent on the tal)
Dubs are indeed car rims, dub is generally short for W and while I don't know which particular rim this is referring to, there's a good bet that it's a brand or style which starts with
W.
With the reference to
D's I assume he's talking about Dayton rims with
rubber hammer referring to the tires. It's a stretch but it's my best guess.
The only one I can't make out is
cake. I have no idea what this means. Taken out of context, one would think it to be from the expression have your
cake and eat it too which would SOMEWHAT make sense, but not completely.
Hope this helps a bit
dm