Found the issue. The MOBI file you sent me does not use <p> tags. It only uses <div> tags. The accurate parser assumed all paragraphs are <p> tags. I modified the parser to include tags that start with d. This will throw off the output a little bit (del tags for instance) but the trade off is worth it. The parser will need to be rewritten in the future to truly accommodate div tags. This change should be in calibre 0.7.57.
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