Can anyone tell me why i could possibly have fuel coming out of my flame arrestor / throttle body?

Engine is a 1994 502 EFI that has an adjustable fuel pressure regulator with the return back to the tanks (No more Cool Fuel /VST). I checked fuel pressure at the rail and it is at 40 psi. No Vacuum leaks.

Boat will fire up on a cold start but will immediately die if i do not give it any throttle(smells rich). Once i give it throttle for about 10 sec. and bring it back down the boat will idle fine but just a little rough.

Boat runs great from 2000-4000 RPM but i noticed i cant get over 4100 RPM. Once i do the engine just seems to fall flat and Loses all power.

Engine has an adjustable fuel pressure regulator with the return back to the tanks. I checked fuel pressure at the rail and it is at 40 psi.

i did upgrade the CAM to a roller. I had to get it tuned but the day we tuned on the water it was too Choppy and could not get to WOT. Can this be a tuning Issue?

the 2 injectors by the throttlebody,,ones stuck open

thanks. I just had all the injectors done about 3 months ago. I will pop them out and get them checked out.

disconnect them electrically,the ecu trigger wire could be grounding out.that would make them flow all the time when the key is on.