UPDATE: THE BIKE RUNS AND DRIVES!
I have been working on the bike a decent amount lately. I have accomplished: Cleaning Gas Tank and carburetors, installed electronic ignition and dual output coil. I also disassembled and reassembled brake caliper due to the front brakes are not working, i figured the caliper piston was seized. I missed on taking pictures but will start posting them here to better document the process.
I did run into a few issues with cleaning the carbs and disassembling the caliper. When breaking down the carbs, the slide on the right carburetor was stuck, it was gunked up, I sprayed the top and bottom with PB Blaster and let it sit for a two days. I then used the handle of a larger pair of tongue and groove pliers (channellock) to pry up on the slide a little and it broke free. The plier handles were coated in a thick rubber to prevent damage to carb or slide. I then cleaned the slide and the carb with Carb/Parts Cleaner and everything then operated nice and smooth.
The brake caliper piston was also stuck, I sprayed Carb/Parts Cleaner into the caliper through the brake line banjo bolt hole and around the outside of the piston. I then sprayed the same areas with PB Blaster and let sit overnight. The next day I used a pair of vice grips on the caliper piston to try to twist it and was fortunate i got it to break free. I know using vice grips was possibly going to damage the piston, but I was already intending on buying a new caliper, this was just more of a thought it seeing if it was salvageable or rebuildable. There was very slight rust on the caliper piston, but after cleaning it I don't think it will be much of an issue. I was able to reuse the seal in the caliper as it was in great condition just had gunk that needed cleaned off.
Once i reassembled the caliper and tried to bleed the brakes I was still having issues and could not get them to work. I then noticed the piston for the master cylinder was stuck in. I tore the master cylinder down slightly and cleaned out the reservoir as there was some sludge in there clogging the holes to allow the brake fluid to flow. I got master cylinder piston freed by placing a Allen wrench into the brake line banjo bolt hole and slightly tapping with a hammer operates smooth now. I think I need to completely remove the reservoir from the master cylinder and clean it out better as the brakes still will not bleed. This could also be due to some of that sludge may be in the brake lines not allowing the new fluid to pass through. I am going to do process of elimination and will let you know the results.