Went back today, and got a few more facts:
The Speedometer/Odometer is clearly showing Veglia Borletti; Possibly black faced so it would not be confused with a metric one, on the assembly line? were those Daytona equipped with Koni rear shock?
This Daytona is from 1993; The current owner purchased it used, and never rode it. This is why there is no registration.
The bike came to MPH because they could not get it started. Davey explained that someone replaced the fuel pump (Weber Marelli), but reinstalling the fuel hoses, they managed to block the fuel flow, and after multiple attempts to start it, they burned the fuel pump.
Davey has replaced the fuel pump, and is replacing all the fuel lines. The bike starts immediately now.
Davey said that the owner has not requested to replace the distribution belt. The bike only has 8+k miles, but chances are, the belt is the one installed in 1993, 31 years ago, soon 32. He said the owner only wants to spend minimum amount of money since he wants to sell it. I don't know you guys, but personally, if I wanted to sell a motorcycle that has not run for a while, I would make sure I am in a position to confirm everything has been checked.