Well I did not have a good day. The bolt finally just sheared in half. Luckily I had a screw extractor that was able to get the other half out of the engine.
So the engine is still stuck. I guess that means I'll be taking the engine out and taking it apart. I was going to do that anyway, but I wanted to see if it would start before I did too much.
Thanks again for everyone's help.
Whoa there grasshopper!
Slow down.
Whoever said to go ahead and start cranking on that bolt as a solution to freeing a stuck engine is a fool.
Patience. Its in your best interests to get the engine free, if at all possible, before tearing it apart.
You don't know if it needs torn down yet. Sure...it may need torn down... but seems to me, we're in a 'cart before the horse' scenario.
So:
Keep the plugs out.
Keep putting whatever mixture or solution you prefer, down in the cylinders.
Keep bike on center stand.
Keep bike in 4th or 5th gear.
And keep rocking the rear wheel back and forth.
(or do the same thing rolling it back and forth on the concrete. Your choice.)
If you expect a stuck engine to free itself on your 1st try, you are mistaken.
Sure, sometimes it happens, but not usually.
And...if your in that big of a hurry...fixing this bike, might not be your cup of tea.
Follow those steps and report back in a few weeks or whenever you get it broke loose.
Cheers.