1986 honda 250 fourtrax wont fire no spark - 1986 Honda XR 250 R

Question edited for clarity.
Question moved from Honda Cars

It has two lots of timing, valve and ignition. videos

https://www.google.com/search?q=2006+honda+recon+set+timing

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Check that you have a spark .
The gap may be lost on the flywheel

possibly the rectifier faulty or stator coil

Pull the carb and throughly clean it after sitting the old fuel will turn to varnish and clog everything up. also if the machine was on its top check the oil and make sure it is clean. leaking gas is a indicator that you will probably need a carb kit for it that must include the float valve and needle.

make sure you don't have bad condensers

Hi Dino,
You have sparks and the carbys have fuel in it.......you crank it and it doesn't fire up.....have you tried to use the choke?
After a lot of cranking remove one of the spark plugs and see if its wet with fuel.
I feel probabely the fuel is not entering the combustion chamber.

Where is the cdi box located??