Well, I got the lens today. I disassembled the front of the lens and got to the shutter mechanism. Wow, looks like a watch!!! After careful inspection of the mechanisms, I found roughly where I needed to put my attention. I found the piece that closes the shutter and after using a screw driver to close it, the mechanism started working. I can now cock the shutter and fire it successfully!!! However, if you look at the eBay photo, you will see that one of the shutter leafs is misplaced. This piece remains permanently open. Due to this, it is impossible to shoot at aperatures f16 and wider as lots of light leaks in. If I close the aperture down to f22 or f32, no light (or very little) leaks through, allowing me to use the lens. Thus, as it stands, this is a f22-f32 lens only. Not bad for a grand total of $19 USD.
With further experimentation, I cut a credit card in a crescent moon shape with the middle shaped like the shutter blade. I then put on the front element. However, the element gets really close the the shutter, thus pushing the credit card into the other leaves, make this fix unworkable. I also tried not screwing in the front element all the way so it does not bend the credit card. This worked fine and focus wasn't that far off. However, the light still did leak. I was able to take a picture at f3.5 however with not too much damage. I was shocked that I had a full image though, as the credit card covers up about a third of the lens hole area.... Any suggestions on how to fix this further? I don't have a lens spanner, so I can't unscrew the rear lens element to try placing the credit card there.