Hs35/40 points

#1
My some picked up a few old mini bikes this one is rough but complete. I’m trying to see where it’s at, if it will run. Flywheel cover was off but came with it.
I don’t really think it is the original to this engine or bike but I’m not sure.

bike is a stellar mark 1. Has a small tecumseh, cover says hs40.

is it missing the condenser?
And what is this blue thing on the cover?
 

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#3
That "blue thing" is an aftermarket electronic ignition part. The photos below are front and back of a NOS kit that I picked up at a flea market a couple of years ago. I've never used one of these, I stick with the stock points/condenser set ups.
 

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