Post some pictures of your setup. Pictures of carb and intake, distributor and wires. Also some wider angle shots that show all of the engine compartment.
My suggestion would be start with the basics. Disconnect and plug the fuel line from the frame to the fuel pump. Pull all the plugs. Disconnect power from ignition coil. Throttle wide open. Check compression and report back. Post those pictures first.
My suggestion would be start with the basics. Disconnect and plug the fuel line from the frame to the fuel pump. Pull all the plugs. Disconnect power from ignition coil. Throttle wide open. Check compression and report back. Post those pictures first.