Cubase 8 Pro with VST Connect Pro. Menu missing?

Hi,
I already had installed VST Connect Pro 2 on my Cubase 8 64 bit, and now I have downloaded and tried to install VST Connect Pro 3. The installation process went fine, but most of the selections on both the Pro and the SE menu are grayed out. I can create and remove VST Connect, but the rest is gray.
When using “Create VST” in the PRO meny, it does not create what it is supposed to. It does not insert VST Connect Pro plugin in Inserts in the VST Connect track. I cannot find VST Connect Pro under the Network for insert, thus I cannot get the VST Connect Pro 3 menu at all.

Are there any prereqisits I missed out on? Please advice

Pål