I'm having a similar problem. I'm trying to apply pod farm to dry tracks. I recently bought a kb37 used, and that's how I acquired pod farm. When I insert pod farm as the plugin, I get this message:
"No authorized device
An required device is either not authorized or not connected.
Pod Farm's GUI will operate during this session, but the plug-in will not process audio.
Please connect your iLok or Line 6 hardware and restart the application.
Click anywhere to dismiss this message."
I have the kb37 plugged into the computer.
What is the license manager you mentioned?
Thanks much in advance!