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Hi @Orlando NYR -  Thanks for submitting your bug report. We need a few more details to try to help with the issue.
Please see, How to Report a Problem.

This error means that there is problem with an effect at your timecode 00:00:00:03.  What effects are you using.  You can fix this issue by putting your effects in the correct order usually by nesting and then add your effect.  Please see this article:  Order of Effects 

Sorry for the frustration.