Either re-align the distributer gear by removing it and putting it in properly, or, and I am not sure if it is even possible, rotate the distributer a bunch to compensate. Out of time may run, but will run hot!
doesn't need to be out of time. if the gear is in the wrong position , all it does is move where #1 is on the cap. no need to be turning the dist around in all different positions. it really doesn't matter where the slot points as long as the plug wires are on the cap right. put the motor at TDC on #1 cyl. then put #1 plug wire where ever the rotor is pointing. simple.