I have come to the conclusion that I have a blown headgasket, Ive tried running with no thermostat and both coolant hoses are swollen, the lower hose is to the point of blowing off the thermostat housing, will also replace the clip.
Seems like it isnt a full blown gasket but blown none-the-less to the point where the vacuum in the motor is in fact blocking flow of coolant into the motor. Not allowing proper circulation of the coolant through the motor.
I just ordered a new set of Eristic Graphite Headgaskets and waterpump with new timing belt. Figured if I blow all this money all at once it will atleast shorten the list of possibly problems.
Will provide details and photos as I have time after the tear down and maybe work it into some type of DIY article for later use