May seem obvious...but is the striker cocked or pressing against the valve stem?
Call http://ultimate-paintball.com/DavenportIowapaintball and see if they are willing to fill your B50. I get my 4500 PSI Great White filled at my local paintball range for $5 while I wait. Just have to let them know I'm coming so they can have the compressor running.
Matt, did you get your leak/pressurization problem resolved?BTW, I'm just north of Cedar Falls and if you ever get up this way, I have a 100 yard range with a solid bench and plenty of air.Larry
My original goal was to get ahold of big Ed and send it in but he doesn't seem to be taking projects right now