Copy specific files from local storage to local storage with using folder names passed by pipe

gistfile1.sh

#!/bin/bash
# usage:
# ls -R | grep FOLDER_NAME_TO_SEARCH | ./this_script.sh TARGET_FILE.html

# Verify if the # of passed parameter is only 1
if [ $# -ne 1 ]; then
    echo "you must specify 1 parameter to grab file to be copied"
    exit 0;
fi

# Declare variables
FILENAME=$1
DESTINATION="checkAndCopy_`date +"%Y%m%d_%I%M%S"`"

# Make folder to contain contents
mkdir "${DESTINATION}"

# Copy
while read data
do
    if [ ${data:0:1} = "/" ]; then
        SOURCE="${data/%?/}/${FILENAME}"
        TARGET=${SOURCE//\//_}
        TARGET=${TARGET//\:/_}
        TARGET=${TARGET//:/_}
        cp "${SOURCE}" "${DESTINATION}/${TARGET}"
    fi
done

exit 1