Thanks everyone who's chimed in so far.
I've got a 65' Li150 and I just installed a new intake and PHBL carburetor. I had to pull the entire engine and remove the exhaust and all kinds of stuff to get this to come together. I did not do a leak down test but i carefully examined intake, exhaust, etc and do not believe I have any air leak, at least not significant ones.
Today I buttoned everything back up, ensured I have good strong spark and attempted to try and start it.
With a new spark plug it would NOT start. I had to push it down a hill and pop the clutch to get it going and it ran like total shit for a few minutes and then died.
I was provided by casa Lambretta with the jets that are supposed to get me started so I believe it should at least run. I don't know whats going on.
Any advice would be great.