Weird 727 problem

Ok an update,

I pull the pan and valve body, the levers are intact and did not fall out. I tried to torque the adjuster but its rounded and could only get a wrench on it, it looks to be in the same position as when i pulled it out.seems pretty close... I hope.

So i put everything back together I havn't started it yet, because I wanted a 2nd opinion, I put the trans in every gear and still does not want to spin in reverse.. do you guys think If i start it that it will free itself? I'm not sure what to do, car is at my friends shop and needs to be gone, and I can't afford a rebuild! I'll check in tomarrow and see what you guys have to say.

-Chris