This is why it is important for UDRP and similar policies to have a clause to punish frivolous complaints or award damages to the Respondent in cases of a blatant attempt to hijack domain names like this one.
The registrant/respondent had to pay out of his own pocket to defend his domain name against a company that was not incorporated at the time of registration. They also did not have a TM registration when the registrant bought the domain name.
Also, the hijacker refused to pay for the decision when it became obvious that the decision was not going their way.
In this case, the Complainant had nothing to lose and lost nothing from filing a baseless claim. He had everything to gain.
Meanwhile, the registrant lost time and money to defend the domain name. And he could have lost the domain name too.
The registrant should reach out to Rick Schwartz to include their name in his domain hijacker list. Then he should forward the domain name to the page for a while.
Or better yet, he should do like the owners of NutriForce.com did to the company that attempted to hijack the domain name.