Yet another bike in Pop's backyard

[fordmike65]

I'm posting this here cuz I have no idea what this thing is. Frame is tiny,but seems to fit 20" wheels fine. 3pc crank, so I'm thinking something Euro maybe??
Thanks for any help guys...

 

[OldRider]

Neat frame Mike! What exactly does that badge say? I can't make it out.

 

[Adamtinkerer]

Those straight rear dropouts are pretty typical of 50s-60s Euro cruisers. Most were made by the Daimler/Puch/Steyr group, with factories in W.Germany and Austria.

 

[rustjunkie]

you've heard this before, but I had one of those years ago.
Oddly in almost exactly the same condition, but missing the badge.

edit: looking at this again, I remember the one I had having a tank