Success! I started by taking off all the wiring and discarding most of it. I was left with only a few wires. Hooked one up to the + on the solenoid, black to ground, left the yellow where it was and she fired right up! I have since found out that this engine was originally on a commercial air compressor, which explains the pressure valve on the throttle. I removed it and had to adjust the idle. Now it idles and runs very good! I'll run some Seafoam in it to clean it out a little, but overall, A SUCCESS! Thanks everyone!