Paul,

This item is apparently  a small magneto.  It says it works up to
15,000rpm.
Perhaps it might help in powering the 555 system.

http://www.pccmotor.com/inner-rotor-kit-crf50-crf-50-ignition5050.html

Doug in Japan

Looks exactly what the doctor ordered for carb or 555 EFI.

Good work Doug. Thanks. Cheap too.

Paul Lamar