Delete you current Parallels installation and get from the App Store. Note you will need to be on The subscription (option for this to work)
CHrisTheBiPolarBear
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Vladivostok, Primorsky Krai, Russia
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This got application installed and working but after shutting application down couldn't get it to start again.
Hi Folks Good News Parallels 16 has just been Release, according to release documentation most problems have been fixed.
parallels 16 has Just been released.