Yes, that worked. Thanks for your quick response and solution.
> Please try to fill the registry with VisualSVN license key explicitly > and tell us if the problem is fixed? > > VisualSVN license key is stored in registry key > HKEY_LOCAL_MACHINE\Software\VisualSVN\VisualSVN\License or the same > key in HKEY_CURRENT_USER.
