The issue isn't whether they believe it can run without the RS or not, it's that certain markets work exactly as he explained.
Some companies require that a stock be over or exactly $0.100; we could get there, but the run would have to end with a value of 100,000% from where it started. 0.099 wouldn't be enough for them to change their minds (though, of course, it would certainly be enough for us all to be happy!)
Basically, they believe it can run, but don't want to expect it will go that high fast enough. It's a risk, but it does sound like they're trying to be responsible about it.