I decided to read the paper this morning because links to it came to my by way of several UFO mailing lists and communities. I thought it might contain something new or interesting.
It does not. It's actually really boring. If you have a general interest in UFOs, the paranormal, and Fortea in general, nothing in the paper will be unfamiliar.
I think that's actually the single largest problem with this paper, the reason I would have shot it down if I were a referee: there's just nothing to it.