A southwest version of "cocktail sauce'. A combination of barbecue sauce spiced with jalapenos, sweetened with honey and enhanced with rum.
- Melt butter in a saucepan, add jalapenos and rum and cook over medium high heat until the liquid is reduced by half.
- Add the remaining ingredients and simmer 20 minutes, stirring frequently.
- Serve hot or chilled, garnished with cilantro.