It’s problematic at a glance:
Slug lines are incomplete.
Characters aren’t capped at introduction.
Stuff is underlined. (Was there bold too?)
Pages starting on action.
All caps in the parenthetical
Typos
Caps on action for no reason.
The action in general has the typical assortment of "problems".
I've seen far worse.
You can look at this for basic formatting:
http://www.scriptfrenzy.org/eng/howtoformatascreenplay
If there is a story buried in it, you can clean things up and draw it out in a more traditional,
easier to read presentation pretty easily.
-Thanks-