something that may be an issue....the grey wire from the switch has 12.5 volts at the connector when it is unhooked from the IC box...When i hook it up to the IC box it 6.5 volts...This is very confusing to me..any help would be very helpful
I am assuming that you are using a good location for your ground when taking these voltage readings. That being the case if the apparent voltage you are reading is different disconnected than it is when it is hooked up it means that 1)current is flowing 2)that there is some resistance in that circuit between the battery and where you are taking your reading. although i am new to bikes, this is a common practice with cars. When you turn the key to start the engine you will get full voltage to the ignition system through the starting circuit, but when you return the key to the run position the power is fed through a separate circuit that has a resistor in it. This reduces the apparent voltage supplied to the ignition circuit when the engine is running. I'm guesssing that may be what you are seeing.
If not then you probably have abad connnection or a bad wire somewhere inbetween the battery and the ignition circuit. It could even be the switch itself.
Perhaps someone that is more familiar with how they set up the ignition circuits on these things can confirm or deny the existance of a resistor that's supposed to be there.