Re: no spark with plugs in
check your starter, battery, and battery cables
Make sure you are using a good battery with a high cold cranking amp ratings.
On old V-4's I like to buy the biggest truck battery I can, 1000 cold cranking amps is what I am currently using.
Also 300 RPM isn't enough on those if I recall, you need up around 400 I believe. Tach it with the plugs out, and put one plug in at a time and see what RPMS you are losing spark at.
Easy fix though, bigger battery or maybe time for battery cables and a starter.