Not type in all caps. :/ Move back to the middle of the "island" that was created by the chasm, then try to get Wafflelord to jump over to where everyone is. While he's in the middle, make a mad dash for the other side (unless the skyscraper falls...). If you make it to the other side, get Wafflelord to chase you again, thengrab the silver sword and use it on him.