I bit the bullet and pulled the locking plate/cover out. Will need to order a new retaining ring. Anyway, here's what's underneath. All springs are there.
I played around with this, using the white horn contact. I assume the way this thing is supposed to work is that the 2 bumps on the back of the horn contact (on the right side of the contact in pic below) are supposed to hit the spring that is "activated" when using the turn signal. And the bumps are supposed to apply pressure to the spring, cancelling the turn signal. I'm not certain that's how it works, but I tried doing this after taking it apart, and the springs basically don't force the cancel cam to move at all.
I've also seen a lot of negative posts and reviews on the individual parts used (cancel cam, horn contact, etc), all noting the same issue of the turn signals not cancelling, supposedly b/c of cheaper plastic pieces than what was used for the OEM. I also contacted Heartbeat City prior to doing any of this, and they said that they get these rebuilt units from Gary's Classics. Contacted them and left a message, have yet to hear back. These things are too expensive to not be functioning correctly out of the box.
I don't see the 2 individual springs on the left upper and lower. Plate and cancel cam are in the way. I even zoomed in on the photo. You must have rotated steering to move plate around a little to see them.