Cub, I have a 12 hp Kohler and I'm not sure of specs, but I doubt 30 psi would be enough compression to light up the fuel. Try putting a tablespoon of 30 wt oil in plug hole, replace plug and try again. If there is a dramatic rise in pressure, you have a broken, worn or stuck compression ring(s). If no appreciable change, you might have a blown head gasket or severely burnt valve(s). Are you opening the choke and throttle before cranking? If not, that will give a pretty low reading (but still should be way above 30psi.