PH - Go back and read the preamble again, then look at all of the scenarios where he goes to RRR of 30% then 35% and then 40%. He was very clear that all scenarios assumed greater than 25% RRR and that in all cases there was upside potential. If you don't go through an exercise or two like this just in case there is success how the heck would you figure out what a reasonable exit price would be? I have heard a number of people say that they would be out of this fast if it hit $10 a share. They have obviously not gone through their own exercise or even looked at others reports to see where or even if $10/shr would even fit in the reasonable category. 

If we don't get a statistically significant RRR we'll all be walking with our tails between our legs for a while anyways.

tada