I could use a little help with this 727 with the motor running when it is in drive or reverse it will not move if you give it throttle the converter flashes and trys to stall the motor i pulled the pan and valve body the front band is way out of adj so far the adj fell out the back band looks ok i havnt adj it to see if it right it had clutch material in the pan so it probably is fried also is there any way to tell if the car has a manual valve in it the throttle linkage was not hooked up could be the reason for the pan material the motor has a b1 intake and needs linkage if the tranny has a regular valve body I bought the car this way and could use a little help thanks BILL

 

Manual valve body transfer plates are different from stock, most manual vb's have a reverse shift pattern. Throttle pressure adjustments affect the shift quality/timing and even though not a manual vb throttle pressure can be over ridden with a manual adjustment instead of using the stock linkage.
Look at the front band material, if it's still there you may want to try front and rear band adjustment and a fresh filter/fluid to see if it works. The other choice is to pull it out and go through it.