Hi Jim -
Yes, the car is a rainbow of colors - three, I think - it does look like it was originally yellow, then semi-detail-sprayed orange, and most recently hastily done in what I would consider "Glidden House Paint" in some off-white color. Personally, I'd like to bring it back to its original color, but my wife really wants a brandywine/tan interior combo. Regardless, I think it needs to go down to bare metal so the true body condition can be seen.
I don't have any other history on the car other than what you've already found - I bought the car from the guy in Oklahoma in early 2011 and had it shipped here - he wanted to restore it or turn it into a road racer...I think it's decent enough to restore, but I'm not an expert...rocker panels and shock tower mounts look okay. It's been sitting in my garage since I bought it...reminding me daily that it's there, waiting for some TLC.
Thanks;
Don