Craig,
Be sure you have the correct Pertronix model for the grounding of your car. It must be the negative ground version if your car has been switched to negative ground and the positive ground model if you left your car with the original positive ground setup. If you have the wrong version, switching the wiring won't work and I think you'll kill the module. It must be the correct module for the grounding of your car.
John Friese
67 White
67 Red