It's interesting to see that this spurious document is raising such an enthusiasm, given the suggestion that it is from third or fourth century. The nearer the document to the actual timing of the event, the truer the document.All the books in the Bible are canonised before the turn of first century AD.Therefore, any evidence contrary to the affirmation of the biblical text has to be discarded (or doubly checked for its authenticity over against the biblical text).
The meaning given in the quotation ("... you will exceed all of them. For you will sacrifice the man that clothes me,") seems to be read into the text, though the new meaning does not question the biblical affirmation very much. For Jesus, even the Judas who betrayed Him had a chance to repent and come back as Peter did after denying Him.