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Can you hear the fuel pump run for a few seconds when the lanyard is installed?
Is the FI indicator and the red led light coming on?
No FI light is good and means that all of the sensor connectors are OK. The most likely source of the problem is the cam timing is incorrect.
It is difficult to get the cam timing correct on these engines and if the exhaust cam is one tooth off the cam position sensor will be out of phase with the crank position sensor and there will be no spark. Double check the cam timing and be certain that you are aligning the T mark with the index pointer and not the F mark.