Thanks so far for the few replies, so I'll clarify a few open items:

Spark was checked by removing the plug and grounding the electrode and
observing the spark on the plug.

There is no color to spark plug ..it is new and clean ..has a small
amount of wetness when removed.

I have NOT attempt (yet) to drain the fuel and then start it dry, but
I did remove the plug, let the starter spin it around and then blew
hot air from heat gun into cylinder at diff valve open settings ...saw
vapors leaving muffler which seems unobstructed

When putting a poonful of gas into cylinder ...muffler exit became wet

Flooding is a possibility, which is why I took apart the carb to check
the float and valve ..everything looked pristine ...used carb cleaner
to blow out all orifices ...wouldn't screwing in (bottoming) both the
low idle jet screw and float jet screw cut off all fuel??

Still looking for someone who has had solid state ignition module
problems for comparison

Stew