Super Jet Electrical problem, no spark PLEASE HELP!!

My Superjet has no spark! I took the flywheel cover off and there was water under it so I dried it all out and put it back together and still nothing. Could this mean the stator is bad? I also tried disconnecting the s/s switch and it still didn't work. I am thinking maybe the cdi box or the coil or spark plug boots.

I have had so many problems with this thing all year and am fed up! any help would be awesome thanks!!
 
To narrow down your problem, you can open up the ebox and disconnect the red lead that goes to the starter and then touch it to the other red lead that goes to the battery. This will bypass everything and you should get spark. If you don't I would say its the stator.
 
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