sarmisluters
Finally riding a big boys bike
That is your interpretation LobstermanSchwinn never made, or had any intention of making a single speed KLUNKER. You are just interpreting the statement wrong. All that statement says is that the took the existing model Spitfire, made a 5 speed out of it, and introduced it as the KLUNKER 5. The Spitfire was an existing model in 77 & 78.
Just read the statement without the text in parentheses: A 5 speed ballon model "KLUNKER 5" is added, and the Spitfire is restyled as a "KLUNKER"