This revolting thing is a cocktail called an "Alien Brain Hemorrhage": "To make an alien brain hemorrhage cocktail, fill a shot glass halfway with peach schnapps. Gently pour Bailey's Irish Cream on top. After the shot is almost full, carefully add a small amount of blue curacao. After it settles, add a few drops of grenadine syrup." Looks like it could be improved with a couple lumps of dry ice.
Birthday Cake Martini 1.5 ounces vanilla vodka 1.5 ounces cranberry juice 1/2 ounce champagne Rim glass with Sprinkles. Combine vodka and cranberry juice in an ice shaker, half-filled with ice cubes. Shake well. Strain into glass. Top with Champagne. Drop in cherry. Enjoy!