Overlaying the company logo on a different place on the homeless dude's coat in every picture is creepy. That's a person, not a billboard or a wall in the subway.
Ceci n'est pas un pipe. It's a watermark on a photograph, not a brand on a person.
Take a second look. He's not talking about the watermark, but the logo on the coat.
Um, no. No matter what position Keith takes, the logo is always perfectly horizontal. And in the last image, the logo is more than twice as large as in the other photos. Definitely obviously 'shopped.
Yes, I know what a watermark is. There is a watermark on the photos and you have to look closely to see it. The logo on the coat is not a watermark, since watermarks are not opaque.