Well, quickest restoration yet! A little Wurth Contact OL. A little solder. A couple of new C-bateries and she fired right up. Main ground wire was dislocated. I didn't even have to change the oil.
When turned on it takes off and drives in circles after a few seconds a spring loaded rod flies out tipping the bike over. It whips a few doughnuts and slowly rights it self and starts the whole process over again. I think there is supposed to be a rider too but I don't care, the body work and graphics are too freaking cool to worry about it.
It was made in 1973 so is that a K1 or a K2? LOL.