Hi, thank you all! I found the problem - one of the cables of the 6-pin connector of the ignition assembly was torn. I removed both ends from the connector, welded them together and put some silicone and tape on top. Immediately fuel gauge jumped to FULL, blinkers and horn work like before!
The wire that was torn was red to red, low left on the female connector if someone else gets the same symptoms:
Thanks again, marking thread as SOLVED.
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50cc 139QMB, 7g sliders, manual petcock w/ transparent lines, Naraku CDI, Naraku belt, high output racing coil, 18.4mm CVK clone w/ #85 mj and #38 idle, needle @ leanest, OEM pipe mod, Kenda tires, NGK Iridium, lots of LED mods, 2.61L/100km (90 MPG)
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