Could Not Read Project

Product: Video Toaster

Platforms: 2000 3000 3000T 4000 4000T

Problem: On attempt to load the Toaster Software, get the error message:

Could not read Project from [device]
Retry or Cancel to Quit:

The last active project has become corrupted. Click on `Cancel', and the next requester will ask "Load the Default Project?"; Click on OK.