sohcdestruction

ok so i got a new car i got a 92 civic DX hatch with a jdm B16a (sirI i believe) b16 trans etc... it was a straight trade for my sohc ex coupe. anyway the car is a tad ricey has carbon fiber tails and painted interior used to have a molded body kit that was removed.. it has a duck bill and a midwing. anywho the motor needs a valve adjustment and it was runnin hella rich i messed with the dizzy a bit and got the black smoke to quit it only pops black smoke when vtec engages. but when revved it has some white and blue smoke

so what should i do i figured ill start with the basic full tune up and then a compression test to see whats up hopefully nothin bad [freak]er moves even though it is smoking lol