Capcom sends Holiday Wishes & Angels in booty shorts

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It’s that time of year where we are getting fun Holiday cards from various video game companies. I was going to accumulate all of them into one post later in the week, but I had to post this one from Capcom. I know I’ve been out of gaming for awhile concentrating on Pumpkin, but what in the world is this image from? Who is the guy? Why are the angels half naked in booty shorts? Does that say Holiday Wishes to you? The angels seem to be staring at something in his lap?

Here is the full image:

I’d love to hear some ideas as to the concept behind the card before I personally decide how I feel about the card. Can’t make decisions without all the information right?