Thanks everyone for the suggestions and help. I did use a stem adapter, 1" to the 1 1/8" threadless. Local shop had exactly what i needed for about 15 dollars. Also was gifted a ritchey stem from my brother in law, and purchased an upgraded seat and seatpost and new tires too. Just need a new chain and to find a pair of shoes to go with the new pedals. Wanted to post a pic for those that were interested, hope it posted okay.
