That's it ! the wires go to the dizzy , it has two terminals on it as the points breaker plate is isolated (no ground) when you depress the starter the current from the coil to the points is reversed , supposedly this makes them last longer , the reality is the engine dies for just a moment when you release the starter and when it's cold out and it barely started it'll ofttimes die .
Another good idea from the folks at Generous Motors Corp.