Take a look at the scary relieved BB shell on this bike currently listed on eBay that appears to be a Cinelli or Cinelli clone (no holes in lugs like typically found on Windsors and Raysports):
or eBay item #290352559494.
Also looks like an incorrect BB spindle due to the position of the adjustable cup. Potentially a "Raysport" with the "R" bottom bracket cutout removed by the enormous rectangular cutout???
Regards,
Kevin Kruger