Well they own the trademark.
All they have to do is file a ICANN request/dispute and you will lose the domain. Pretty easy.
I suggest you take a look at cyber-sitting case law and stop spreading FUD.
A file to ICANN wont do shit except open the negotiation process for resolution and open the path for court case.....
Unless i am using the domain to slander there business or damage the name, etc, etc and that im not...
There trademark is RED FONT GYFT and is registered for delivery of downloadable goods.... and has noting to do with the word GyftCards, i am confident i can argue this in court....
Im not slandering there trade mark in any shape or form and have already started intense development on a site that uses the domain and it has nothing to do with the services GYFT offers.
Until the point comes that i use the domain to cause loss or damages there is no issue here, at all, unless they want to be dicks about it, but let me assure you its not "simple" it will be LONG and drawn out and will involved alot of unwanted media and bad publicity, they will need to file case in my country and prove i had bad faith, and in the end most likely i would win anyway, assuming i don't just transfer the domain back and forward between holding company's in jurisdictions far from the reach of draconian USA. It would be more simpler to swing me some BTC for a finders fee and be done with it... would it not?? Let alone cheaper....
But in the search for truth I am willing to sacrifice the domain to see what happens, im sick of know it alls so....
just then i EMAILED them and i sent them a TWITTER with this URL lets see what they say.