The white start window:
Mouse Found
Speakers (Realtek...)
ATI Radeon 3100...
Compiling MYPROJ.C - [Esc] to abort.............0.270 sec.
2 objects

Then the E1512 error pops up.

There is no mention of dll's that load.

http://drop.io/04oko54/asset/gstudio-error-jpg