Welcome to the forum Brad!
All you need for these bad boys to start is:
1- compression
2- proper air/fuel mix in cylinder
3- hot spark delivered at the right time
Lets check/eliminate the easy stuff first.
Well-timed hot spark:
- Is your battery fully changed?
-- a weak battery will not fully saturate you coils, especially if you are using the electric starter.
-- put your battery on a battery tender if you have doubts.
- Are you getting spark?
-- with your fully changed battery, pull out the plugs (yes, all 4)
-- hold the plugs to the cylinder block and look for a fat, blue spark on each plug
- Is it timed properly?
-- The Honda CB-four uses a wasted spark ignition. Specifically, 1&4 fire together and 2&3 fire together. Under normal configuration, only one of the cylinder pairs will have fuel/air compressed at the time of the spark. The other cylinder would be finishing it'sexhaust strok and is only now drawing in fresh fuel.
-- Assuming you have points, 1&4 fire off the BLUE wire and 3&4 off the yellow. With your gas tank off, is the BLUE wire connected to the coil that feeds 1&4 plugs?
-- What is your point gap set to ( the gap when the points are OPEN to their max, you can eyeball this as you turn the crank clockwise by hand)
-- With the gap set right, connect a lamp or volt meter across your BLUE points (left side), does the lamp turn on or meter go to 12v when the timing mark is pointing to F of 1.4?
That's plenty to chew on for a while. Report your findings back here.