1) The document appears to be lyrics from a rock song describing the music scene in New York City in the 1970s, with references to Max's Kansas City and music producer Clive Davis.
2) It describes the band as still being "on trial" as they try to make it in the music business, but that their style can be seen in their eyes.
3) The lyrics also make cryptic references to a "bitch in the choir" causing problems and "vaccinating asses with phonograph needles," among other surreal and abstract imagery.