I finally got around to finishing the junkyard engine I dropped in the Stang since it hasn't run since 2005. After the long haul, a whole bunch of Benjamins and many new parts, I primed the pump a few times and turned the key. Nothing. I screwed with the stupid Silencer alarm for a bit. Tried again, and it turned over! And turned some more but didn't even stutter or try to start. Not a single fire. 
I checked the fuel pressure and got gas in the face, so pressure is good. I pulled the #1 plug and double checked that the timing was set right at TDC on the compression stroke, and it was good. The plug smelled like raw gas, so the injectors seem to be firing.
I tested for spark and there's nothing. No iota of spark, anywhere. It's as if the coil is not getting any signal. With the ignition on, I get a solid 12.75 volts at the harness that plugs into the coil, but when I crank it, there's nothing coming from it. I tested with straight wire wrapped around the outlet terminal and positioned it close to a ground and nothing. Dead.
What could possibly cause a no-spark condition at the coil when the coil is clearly seeing some kind of power at the plug?
I tried different coils, they all have a static .3-.4 ohms and don't seem to be bad. What else could be killing the spark??
Could the alarm do it? The car does crank, so I would think the alarm isn't the issue. I did, however, spend about an hour screwing with the alarm to get it to stop going off and actually disarm once I plugged the battery in.
Could something be toasted in the distributor or the ignition module or CCRM?
I ran an OBD1 tester in KOEO mode and it came back with nothing (not too surprising)
Thanks for the help!!!

I checked the fuel pressure and got gas in the face, so pressure is good. I pulled the #1 plug and double checked that the timing was set right at TDC on the compression stroke, and it was good. The plug smelled like raw gas, so the injectors seem to be firing.
I tested for spark and there's nothing. No iota of spark, anywhere. It's as if the coil is not getting any signal. With the ignition on, I get a solid 12.75 volts at the harness that plugs into the coil, but when I crank it, there's nothing coming from it. I tested with straight wire wrapped around the outlet terminal and positioned it close to a ground and nothing. Dead.
What could possibly cause a no-spark condition at the coil when the coil is clearly seeing some kind of power at the plug?
I tried different coils, they all have a static .3-.4 ohms and don't seem to be bad. What else could be killing the spark??
Could the alarm do it? The car does crank, so I would think the alarm isn't the issue. I did, however, spend about an hour screwing with the alarm to get it to stop going off and actually disarm once I plugged the battery in.Could something be toasted in the distributor or the ignition module or CCRM?
I ran an OBD1 tester in KOEO mode and it came back with nothing (not too surprising)
Thanks for the help!!!
I didn't expect that after 5 years of no motor, so I'm very happy. I may need a new TPS or IAC becuase it doesn't have a strong idle without gassing it and turning the steering wheel kills the motor.