bordering on offensive , waste of time , money and celluloid . 
(ROOT (S (VP (VBG bordering) (PP (IN on) (NP (NP (NN offensive)) (, ,) (NP (NP (NN waste)) (PP (IN of) (NP (NN time)))) (, ,) (NP (NN money)) (CC and) (NP (NN celluloid))))) (. .)))
(ROOT (S (VP (VBG ) (PP (IN ) (NP (NP (NN )) (, ) (NP (NP (NN )) (PP (IN ) (NP (NN )))) (, ) (NP (NN )) (CC ) (NP (NN ))))) (. )))