Motor is dead, engines with less than 100 psi will never run correctly, not enough heat (from compression) generated to keep plugs running clean. The limit we used when I built engines was 100 psi, you need well over 200 if cam timing like said and 12/1 compression. Afraid you got a serious issue there.
Forget the d-mn car for a bit if facing heart surgery, or at least let what will be be, it ain't worth the extra stress I'm tellin' ya. I had double bypass and did that, you gotta give it all up to realign your head for it. Enjoy working on the car, not turn it into a millstone.
Assuming you did compression test correctly..... .....warm engine and throttle held wide open while spinning engine with ALL plugs out of it and using a decent screw-in gauge, crap push-in compression gauges cause a LOT of unnecessary trouble. Do more than one spin on each cylinder as backup, I usually do at least three.
A small possibility that you have washed cylinder walls down enough with raw fuel to kill compression, I've heard of it but don't necessarily buy the idea. My view is that if oil cut back that much the engine will scar the walls anyway to make permanent damage. I've heard other skilled guys talk of it though, that the engine can lose almost all compression to then get it back later and run fine, the part I have trouble with but you never know.......... .............