Heh. My boy Lantis just messaged me over gmail on this. Another guy we knew from RPGMMag over the last 15 years or so, Insultabot, somehow remembered and gave thought to the game we made some years ago for RPGMaker 1, called Arc Arath, in which one of the characters was a pirate and his fairy companion, William and Paprika (not made after myself despite my real name being William).
Insultabot made some hot sauce or something from scratch and remembered Arc Arath long enough to slap a label on it featuring concept art of William the pirate and Paprika his flying companion.
I guess he called it Essence of Paprika simply due to the spice paprika being one of the ingredients.
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Although, I actually wasn't thinking of the spice when, back when making the game starting in 2004, I first came up with the concept of there being a fairy companion for a pirate and his crew instead of the usual parrot perched on his shoulder, and named her Paprika. It just seemed like a proper name for a two-foot-tall pint-sized fairy chick to me. And while she was boisterous in the face of monsters yet ultimately found herself always calling for help from her friends who were the much more obvious choice of warrior than she, we strangely decided to make her a playable character for the third act of the game, in which without really planning on it made her the strongest magic user who could wipe out entire groups of monsters in one or two turns, as a trade-off for her naturally being delicate in the HP, defense, and physical attack department.
You can't really see Paprika on the bottle label above, but we did manage to get some official artwork of Paprika out of the freelance artist we'd come to know through the RPGMMag administrator, before he went on to bigger and better things at Archie Comics. ^-^
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EDIT: Actually now that I looked at it more closely, that may not even be art we found of some unknown random pirate guy to use as a placeholder for more official artwork of William the Pirate later on. Because now it kind of resembles the pirate you see on labels of Captain Morgan's Spiced Rum, to me. So maybe Insultabot just took that label and photoshopped Paprika on it.