Move "msimg32.dll" to program folder, then run keygen to register program.

Also add to hosts file:

0.0.0.0 www.bandicam.com
0.0.0.0 bandicam.com
0.0.0.0 www.bandisoft.com
0.0.0.0 bandisoft.com
0.0.0.0 cert.bandicam.com
0.0.0.0 ssl.bandisoft.com

OR
	
Block file "bdcam.exe" in firewall.

Credits:
CheshireCat (hook dll)
MAZE (keygen)