Won't Start!

In post #1 you said;

Mbrown326 said

Engine will crank, but will occasionally try to start when I return key to run. I am getting power to coil when cranking and when in the run position.

Click to expand...

I post #8 you said;

Mbrown326 said

No spark coil or plug
Plenty of fuel in carb
It was running the other day and just stopped, no sputtering or popping.

Click to expand...

Which is it?

Check your rotor, and make sure it is turning during cranking.
Also, check your pick-up coil for correct polarity, altho if it ran for 5 minutes, that should be fine. The pick-up should have One Orange wire , and the other, IIRC is black. If you have a violet and a gray wire, the pick up is wrong polarity.
I have had 318s that stopped running when all the teeth fell off the cam-sprocket; and as you say;

Mbrown326 said

then just stopped.

Click to expand...

With any luck she's just flooded.
This should be an easy fix, unless the cam timing took a dump,lol.