Naughty America offers "amnesty"?

[RawAlex]

I am not sure what to make of this:

FOR IMMEDIATE PRESS RELEASE
SAN DIEGO, CALIFORNIA
MARCH 24, 2010

NAUGHTY AMERICA OFFERS AMNESTY TO CYBERSQUATTERS

Naughty America announced today a unique and one time amnesty program for cybersquatters and typosquatters. Naughty America’s amnesty offer is simple. Legal action will not be taken against cybersquatters and typosquatters who transfer their infringing domain names to Naughty America on or before April 2, 2010.

Naughty America owns the registered trademarks for “Naughty America” and numerous domain names incorporating the mark. Naughty America’s long-standing ownership of the mark has not prevented infringers from illegally profiting from Naughty America’s strong brand recognition and goodwill by registering domain names that incorporate “Naughty America” or variations of the mark.

To participate in the amnesty program, anyone who has registered a domain name that incorporates the trademark “Naughty America” or variations and misspellings of the mark needs to do the following:

1. Immediately stop any and all use of domain names that include the trademark “Naughty America” or variations and misspellings of “Naughty America;”

2. Transfer to Naughty America any and all rights in and to the infringing domain names; and

3. Provide Naughty America with satisfactory proof that the domain name has been transferred to LTI no later than April 2, 2010.

Other registered trademarks owned by Naughty America for which the amnesty program is available are: American Daydreams, Asian 1 on 1, Ass Masterpiece, Diary of a MILF, Diary of a Nanny, Find Your Fanny, Housewife 1 on 1, Latin Adultery, My First Sex Teacher, My Friend’s Hot Mom, My Naughty Latin Maid, My Sister’s Hot Friend, NA, NA Naughty America Est. 1776, Naughty Bookworms, Naughty Cribs, Naughty Flipside, Naughty Office, Neighbor Affair, Nobody Does It Better, Seduced By a Cougar, SoCal Coeds, Suite 703, The Difference Is Here, The Naughty American, and What’s New.

Questions concerning the amnesty program can be directed to Naughty America at eddie@naughtyamerica.com

Any of the lawyer types want to comment?