After also requesting help on the AVID Pro Tools Forum, one user advised me to remove Pro-Tools, then check the entire system for this Oberheimer software and then reinstall Pro Tools.
So with allot of hope I thought that that might solve my problem, but once more the Elicencer is throwing a spanner in the works... again.
I do realise that software needs to be secured against software hackers, thiefs and pirates, but I have to say that with all the software that I've got in my studio, Korg, Yamaha, Propellerheads Reason and Record, Sequel 2 and cubase... I've never ever had so many problems with a license tool as with the Elicencer. I'm deeply dissapointed in this software.
I need help A.S.A.P. cause I can't work now with my Pro Tools.