How do I use tokens with the M (merge) option?

Ok let me explain the "M" merge a little, if you have the following keywords in the ScrapeBox keyword box:

black
white

If you hit the "M" to load a footprint file and it contains this:

"powered by wordpress" %KW%
intitle:%KW%
intitle:%KW% inurl:%KW%

The outcome will be:

"powered by wordpress" black
"powered by wordpress" white
intitle:black
intitle:white
intitle:black inurl:black
intitle:white inurl:white

I hope that makes sense, if not just experiment with it.