Ron Paul did not drop out of the race

Is the Ron Paul Revolution dead?

Ron Paul did not drop out of the race

I've seen it advertised far and wide that Ron Paul is dropping out of the presidential race. I read the letter in question and cannot come to that same conclusion. Let me elaborate.
In bold will be excerpts from Ron's recent letter which sparked the concession talk.
In normal type will be my personal thoughts on the matter. More...