And it's very easy to save the PEM if you distinguish the value of a proposition (true or false) and the cognitive status of the proposition (certain, probable, possible, or arbitrary).
Moreover, to exist is to have a particular identity, to have a nature, to be something.
Thus, all of this work is utter hogwash. The professor who wrote this IS practicing mysticism and irrationality. He ought to be shunned by all actual philosophers.
If this kind of thinking were to get "popular," Western civilization and science would collapse into skepticism and religion would take over again. Just as happened in the Middle Ages and at the end of the Islamic Golden Age (in the latter case, there never was a recovery).