Is the fuel fresh ... these days fuel goes "off" quite rapidly .... check also fuel supply and vacuum lines/valves from the tank. This includes the filter inside the tank at the outlet for gunk.
I'm still sure it's power related though. Look and listen for shorts on the HT leads. Run it in the dark and if there is a short ... it will (usually) be obvious.
Were the plugs you put in .. new .. ??
????? ... Had these been removed before you got possession of the bike ???Reg / Rect isn't connected at all atm ...
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