Buy now. You will be in good shape when plcsf gets Its product to Japanese and US markets.
I bought a ton of shares too high, but this is a great fully patented product. Just a matter of time; unless they cannot raise more money to stay operational. Then, all investors will be sorry. This risk is what makes this stock so cheap at this time. So, buy low, in spite of the risk.
We don't know how badly they've given away the store. Mid-trial announcements are about 10 months overdue. I rate the chance of a 5x or better gain below 50:50 and a 10x or better gain as not worth thinking about. I like my gambles better than that.
I think your assessment is a fair one and concerns over the excessive risk are only exacerbated by the company's seeming unwillingness to provide investors with an update on the supposed ongoing trials, as well as other material information, including its financial picture. There is no way one can reasonably invest with such uncertainty. It's a shame because the technology holds some real promise, but the financial shenanigans are problematic to say the least. This company seriously lacks transparency, which is why some of its detractors frequently label it a scam.