@Mattsz--Great Job with the pictures... here is my progress report.
I made a lot of phone calls (started 9.30 AM California time) got done in 30 minutes with the calls. Found a place that would give me the Metric bolt of the same size, length and pitch, (i bought 2, cost $4.50 including the nuts)
I proceeded to take the swing arm off, and surprised myself by doing the process in 30 minutes. (Matts pics did help).
Took the swingarm to the Bolt place to maje sure I was getting the right size and all...
There was a welding place across the street
Talked to the welder guy, we sat and pondered a bit
Decided to grind off the bolt, then figured maybe we could hammer out the stud side of the bolt which was on the tire side of the swing arm.....lo and behold it popped out.. all
I the welder had to do was weld the bolt in, then we put 2 washers on the outside of the swing arm bolt, the protruding side and welded those on, then we were set to go.
the whole thing including the bolts (Grade 8 ) and nuts, the welding and prep work which took about an Hour, cost me a total of $34.50.
Thank you guys once again for all the help. ( tomorrow, I will put it all back together )
Cheers
Mark