Thanks for all the advice. Pulled spark plug and cannot see spark when riding, but hear a rythmatic pecking when up to speed coming from plug that would indicate it's sparking. Compression seems to be working because if I'm going less than 5 mph and release cluth it will almost throw me over handlebars. Set choke up and tried at 20 mph. Nothing. Removed plug and squirted ether in cylinder, tried at 20 mph. Nothing. Primed 3 times and tried at 20 mph. Nothing. primed 3 more times and tried at 20 mph. Nothing. Primed three more times and tried at 20 mph. Nothing. Primed three more times and gas squirted out of breather on carburator.
Suspect I ruined a good bike.
I seriously doubt you have ruined anything!
Change out the plug to a NGK B6S or B6HS.
After you change the plug...shut the fuel off, leave the choke off, (lever down),...don't mess with the primer button!
Pedal up to speed and dump the clutch. As you are pedaling crack the throttle. Listen for a popping sound that would indicate the engine is firing gasoline. Stop.
Turn the fuel on...pedal up to speed again, and dump the clutch. Again, crack the throttle. The engine should pop over.
If this works, then the lesson was learned...you flooded the engine. When cold you may need the choke for the first 10 seconds. An alternative to easy starting may be to hit the primer button once. You will have to learn the quirks of your engine.
2 cycle engines are easily flooded, and difficult to clear if you don't know how. The easiest way to clear a flooded engine is to install a new plug and shut the fuel off until the engine has cleared.
Jim