I have a similar problem that I am unable to run PhantomZerOS 7.6. I've installed it on my Win7 computer and also my Win8 laptop. 
  
Win7 - I open the PhantomZerOS program and see the option window to select a desk, etc. When I click Go, the Go button disappears and the screen flashes as if something tried to open but I am returned to the initial window but when I attempt to close it, what looks to be the desk console window attempts to open but then a windows dialogue box saying the program has stopped responding appears. 
I've removed the PhantonZerOS and re-installed it with no change to what is seen. 
  
Win8 - I open the PhantomZerOS program and see the option window to select a desk, etc. When I click Go, the Go button disappears and the screen flashes as if something tried to open but I then see an error message "Unable to execute file: C:\Program Files (x86)\Zero 88\ZerOS Remote Monitor\ZerOS Remote Monitor.exe. Create process failed; code 740. This requested opertion requires elevation.". 
  
On the plus side, my Fixture Type Editor and PhantomFrog work without any problems. 
  
Any thoughts? 
  
Mike