Did you use the keygen that came with your 'non' purchase of the software?
I am so tired of people asking for help with obvious pirating of software here. I will call out members out for taking advantage of cracked versions of software, sometimes I am wrong, but what the hell are you doing asking for advice here, when Waves support is who you should be talking to? Have you updated your WUP lately? Do you know even what that is? Are you exited to pay it? Why would you now?
If I am wrong in my judgement, then I will PayPal you $100, and say I am sorry. I really doubt it........Prove me wrong.....