Your are obviously entitled to follow your own strategy, but if you wait to buy until the solution is proven, you will be paying much, much more for your CLOAK. It's a gamble - back your instinct that the dev is honest (it's half the battle in altcoins) and by cheap now, or wait until their proposed solution is audited - if it passes you will have missed massive growth (but probably still more longterm growth to follow), if it fails, how much further below this point will it fall if devs have another go at solving it?