Not only do you need to consider the cutoff voltage, but beyond the cutoff voltage. Attempting to draw 33A from an 18650 would result in a HUGE voltage drop. As we know from other YiHi chips, the battery cutoff voltage may be 3.3V, but if you have 3.31V left, it will fire, and there will be voltage sag.
Lets say, based on their facebook comments, the cutoff voltage is 6.4V, and you only get a 1V sag when firing just above the cutoff voltage. You're now pulling 39A from the battery!
They've proven they don't know what they're talking about because they keep quoting coil resistance, which is totally irrelevant in a regulated mod when discussing battery current draw.
This is just plain irresponsible.
When one looks at battery test charts, they don't even remotely support your claims that your arbitrarily-defined cutoff voltage is the right measurement. After that, you're just piling on nonsense.