All right. I solved my problem and I want to share it with everyone.
I just bought and HX Stomp which had bios software version 2.65 on it. I installed updater 3.1 and there was an error and then the device failed to boot up.
I updated the software using an outdated and old laptop. I think that was the main problem.
Here are the steps that solved the problem:
1. Install Line 6 updater on another computer with latest windows updates.
2. Download the latest flash memory from Line 6 website. It is an *.hxf file format.
3. While turning on the device push the >page button. Note the screen shows nothing (Blank). Do not worry. It is on updating mode though interestingly does not show any thing.
4. Run the Line 6 updater. Here updater should recognize the a device with unknown software version.
5. Choose HX Stomp from the list.
6. Choose update using a file. Select the flash memory .hxf file from your hard disk.
7. Run update.
And Voila. Your system is recovered.
Hope this helps.
Cheers.
PS. The photo shows the screen on step 4
