Guys, I am thinking maybe the circuit is wrong. I believe the 18kohm resistor should be in the circuit, but it should be going to ground (not +12). Here is why:
With no signal in, the dc voltages on the amp will be (approximately) 6 volts at pin 1 (+ input), and pin 4 at +12 volts will make pin 2 (- input) around + 5.4 volts (voltage divider 18k and 22k). C4 (22uf) is also being charged to the same 5.4 volts.
When a signal is applied and it's peak negative signal would need to drive the + pin down below 5.4 volts to switch the pin 4 output to a low output and turn the LEDs on.
When pin 4 goes low, we now have pin 2 tied to ground through both 18k and 22k resistors. C4 will keep pin 2 at 5.4 volts until it starts discharging through these two resistors. Once C4 is discharged enough to bring pin 2 below the voltage at pin 1 or the input signal goes high once again, then the pin 4 output will once again swing high and turn the LEDs off.
So, does anyone agree that maybe the 18k should be there? Only tied to ground?