I don't exactly have a theory, although I am trying to piece together all the clues that we have been given. I have my suspicions but they are too weak to put into theories. Anyway the main point of this is to get across that Bruno Heller has confirmed that Jane is not Red John, I am of course well aware that he could just be saying that to throw us off track but I just don't think that is likely. So it has been confirmed that Jane is not the illusive Red John so I think that option if off the table!