Thank you Tom. It works now…
Step number 2 is a new thing for me 🙂
Can you make sure that you have to most recent version of iLok License Manager? http://ilok.com
Additionally, are you absolutely certain that you installed the 64-bit version of 2016 Stereo Room? The installer places both a 32-bit and 64-bit version of the VST to different folders. If you installed to a custom VST folder from the installer, or by dragging to a custom folder, you need to be sure that it is the 64-bit version.
If you are sure of those two things, try the following: