There are a number of things worthy of mention here. In numerical order:
1. The comic itself is in black and white. This is just the cover. This cover is found on page 75. Page 74 is an ad for a brand-new blacksplotation star named Sabre. This image is set opposite that ad.
2. Yes, those are swastikas on his arms. Plus an SS symbol in the guitar AND in his name. He’s a rock star, see? And fascism is just glam taken to 11.
3. He does have sex with the cheetah-woman during the course of the story. The extended sexual experience allows him to transcend reality and determine the nature of the threat to existence from a psychic vampire. This confrontation is enough to kill the cheetah-woman during orgasm. Yes, really.
4. There are more episodes to this story. To be continued.
(Heavy Metal issue #15, June 1978 - Page 75 Heilman by Voss)