Old bike. only with a "C" on the badge. older style brake levers, not with suicide levers, cotter cranks, rear brake line stays on top of bar with what seems to say "REG" on them. breaks, and levers say Balilla. front derailleur says made in france.

any idea what this could be


**UPDATE**

okay, got the bike and cleaned it up. i have before and after pictures. like i said before, the break components are Ballila, and the shifters and front derailleur are Simplex, but the back derailleur is shimano lark ss, which im guessing isnt original. the simplex components say made in france and the ballila made in italy.

it came with a front wheel only, with the tire marked as Pirelli. The tire has additional writing on it- " AV. Alexandre De Gusmao 48(?) Santo Andre S.F". the hub is stamped " Brampton Made In England."

The badge only has a C. i have found no labels anywhere else and there is no visible serial.

So my question to you, bikeforums, what make is this bike? is it worth anything? My best guess is its something Italian. i originally planned to just clean it and sell it for whatever it was worth, but now after taking the parts off and cleaning it, i think the bike looks quite nice, maybe even right for a fixed conversion. would it be worth a complete restoration or should would turning it into a fixed gear bike be more appropriate? i was thinking if its not really worth much, i could get it repainted and have the head badge painted on because right now its flimsy and falling off.

(im pretty sure the yellow paint around the lugs was painted on by some idiot)

Before:





After:

















Thanks!