To restore Factory Presets and all System settings, power up TimeFactor while simultaneously pressing the Middle Footswitch and the Encoder until [INITIALIZING] is displayed.
I forgot to mention that I had done this already.
It seems to crazy to believe that within one week of buying used it would crap out. Bad solder patch job?
I can get my money back, thats not the problem, I just really liked the sounds this beast puts out.