Viewed from the left you have two dots, on the end of the shaft-viewed from the RIGHT you should have a single dot. The single dot on the right is the mark you use along with the 1.4T (0n the right side) and you should be turning the crank clockwise to get there. As someone mentioned earlier your cam lobes will be pointed down at this point. If you work from the right side there is no confusion. Single dot pointing forward, crank at 1.4T, turn clockwise.
On the compression stroke, the intake valve would have just closed and you a bit less then a half of turn from the exhaust opening.
Did you turn the head over and put gas in the combustion chambers wile it was off? if they hold gas, you don't have a valve problem (well you could still have an oil seal problem but that would not stop it from running.
Did you ever pick up some starter fluid? If runs on started fluid, its a good bet that your should be looking at the carbs and forget the valve timing, spark timing, and valve adjustments (for now) and just work on the fuel side which is almost for sure a carb problem.
when I'm trying to find that hard to find problem I keep narrowing it down from both sides. Take off a float bowl and turn on the gas-- You should have gas pouring out of the carb. push the float up and the gas should stop. If it doesn't flow we look upstream from the carb. If we have normal flow and normal "stop" plus it runs on starter fluid, then we know the problem is inside the carb. there are only a couple of things that stop the gas from being used once we know we have gas in the float bowel. If you didn't want to remove the float bowl, a little trick I used to do was to go to a hobby store and get some clear fuel line pull the black drain line off the bottom of the carb and put the clear in its place. now loop the clear line up beside the floatbowl and open the little carb drain screw on the bottom of the carb. If the gas is on, you should see the clear line fill with gas up to just below the seam at the top of the bowl.
if you are not getting gas, you may have fuel line diaphragm (Sits on top pf the carbs between #3 and #4 and acts as a "automatic" fuel shutoff) I don't know which models had these. If yours does, I'd just bypass the sucker until you have some of the other problems worked out.