means access violation error - some of the files is used by other application. Check it.
And then, try this version:
http://www.starwindsoftware.com/tmplink ... 110831.exe
It should correctly convert the image (if you place common image to the folder I mentioned above)
If you add this image as additional disk to any existing VM, all data should be accessible.
But when you try to boot it, it should give a blue screen (no boot device) and then reboot with a repair option. You may try make it bootable by fixing it.
I tried to run command prompt and fix it with bootsect.exe (it is in windows package), but still no success.
Please, keep me updated if you manage to boot it.
Thanks