An online update to have fixed it for others. Paul who is the author seems to have indicated that other AV software are also doing this with recent updates and he is contacting them for similar updates. I think the application has been blacklisted by AVG on your system and it will not let it run until its not on its list of threats. I am a user of AP but I dont use AVG so I cant offer first hand advise.
Regards
Fahim
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