Thanks for the responses, guys!
I will play with the clamp today or tomorrow after I get it in the mail today.
I wanted to share my findings from my short time in the garage last night:
1. I received the resistors I ordered, ranging from 150 to 250 ohm. I put in 250 first and was baffled to see that it only read 1.45V. I threw 150 ohm on to test it out and sure enough it capped out at 1.45-1.5V again (reading voltage after the resistor). So I started to throw different resistors and it seems like no matter which resistor I use, it is going to cap out at 1.45-1.5V.
I am not sure what is going on. It appears to me that the electrical flow is being bottlenecked when using resistors if I make sense? I should note once again that the gauge cluster bulb worked perfect for what I needed but NONE of the resistors would work properly for me.... Does it have something to do with different specs that I need to look at? Keep in mind, the 12V source is from Pin #2 on the right side cluster connector which is the Ignition Switch source. I am wondering if I should try a different 12V source. I believe Pin #7 is a 12V input, which is unused, so I could try using that wire instea, but really there isnt any reason to considering pin#2 is supplying proper battery voltage.
2. For the power draw at KOEO, I am positive I know where the draw is coming from already.
While fiddling with Pin#14 (light green/red) Alternator exciter wire and the pin #2 (red/ light green) Ignition Switch wire, I noticed that when I have the alternator exciter wire disconnected from the ignition switch wire, the battery stops draining... Any time I connect those two wires, the battery likes to drain quite bit at KOEO.
However, my battery is acting better now after being fully charged. It is more stable now, but still the quick drain as soon as I turn key into ON position is a little odd to me. It quickly goes down from 12.8-12.9 to about 12.3-12.4 once the Key is in ON position. Once again the draw is happening only when I have the exciter wire connected to the ignition wire. Is this normal for the exciter wire to “steal” some voltage at KOEO?
Just for reference purposes, I am connecting the Pin #2 (ignition switch) wire and the Pin #14 (alternator exciter) wire using a resistor per Dakota Digital’s instructions when installing their gauge cluster. Not sure how much Dakota knows about this stuff.
I am thinking I have an issue with my set up because nobody else have had this issue with their voltage regulation voltage after installing their Dakota clusters. I keep going back to the exciter wire. I might wire my own wire this afternoon to see if it makes any difference.