I am running version 1.0.1 of the plugin, but I will try reinstalling the Microsoft Visual 2017 Redistributable. I also just began writing a support ticket on KvR so its funny you should say that. We'll see if they come up with anything over there as well. Oddly enough, I was able to get the plugin working in Audacity, but as you said earlier, it did open a bit slow and was not the most responsive. Hopefully we can get this sorted out. Thanks for your help so far!
EDIT: I just reinstalled Microsoft Visual 2017 Redistributable with no luck. Any other ideas?