This was Cerio's old style, kinda children's-illustrator-on-acid, and this is one of the cleaner works, he used to be REAL loose and messy. Good one, though.
What's he doing these days? I remember in an interview somewhere he was quite upfront about "faking" the Warhol thing and half(?)-ironically saying he'll milk it for all he can. Good for him, I like his shit.