Liquid Instrument VST not working

[Soulpixel]

The old but very cool Liquid Instruments VST from Ueberschall is not working in Reaper in Win7 but it works in Win8. There could be any number of reasons why it not working, but just in case someone has an idea, I will post screen caps of the error messages etc.

Below are the windows App Crash details:

Problem signature:
Problem Event Name: APPCRASH
Application Name: reaper_host32.exe
Application Version: 0.0.0.0
Application Timestamp: 5a8b6a9b
Fault Module Name: LiquidInstrumentVst.dll
Fault Module Version: 1.1.0.7
Fault Module Timestamp: 4427ee0e
Exception Code: c0000005
Exception Offset: 001868cd
OS Version: 6.1.7601.2.1.0.256.1
Locale ID: 1033
Additional Information 1: 4687
Additional Information 2: 468721898cfae24db16d951c627c17b8
Additional Information 3: bba3
Additional Information 4: bba3f32223712c20260cfec96e813ce7