Here's what I know about this bike:
- Executive "Made in Austria" (according to the badge on the front)
- 4 cogs on the rear cluster
- Broken Simplex rear derailleur
- 26" wheels
- was a girls' bike until someone bodged a top tube on it
- chain is rigged around the broken derailleur, essentially making it a ghetto fixie
I was hoping to replace the original parts, but I'm thinking of just doing a complete refit with modern parts. Or, at least, as modern as I can find for dirt cheap. I'm currently searching for a 26" wheelset and rear derailleur, but I could probably get along with just the rear derailleur.
Total project investment: $10 for the bike, as is. Assuming I can't find another bike to cannibalize, I'll be putting another $60 or so into this to fix it up with new parts.