My first thought is that somehow you changed folder location. i.e. you change your default folder and the image is not where you originally accessed it. just because you copied the image file to the new folder the program will not find it as the location is hard coded in the file and the program always looks for the original location. I have had to go into the xml with notepad++ to see where the program is looking for the file and sure enough that is not where the file is anymore. That often happens when switching computerd or renaming a folder or making a new folder, ie., I have been using xl4test and now I am using Christmas 2015. Even though I copied the image, the sequence still looks for the image in xl4test.