BAM 2.0 license Error

Guys,

I installes BAM 2.0 on Fedora 3 and I can browse the giu Interface alright, however, I cannot authenticate any of my SMs. Here is the canopy log

/usr/local/Canopy/FLEXnet/license_files//bam.35006132.2005.Aug. -
04_license.lic
FLEXnet Licensing error:-15,570. System Error: 111 "Connection refused"
For further information, refer to the FLEXnet Licensing End User Guide,
available at “www.macrovision.com”.
Level: 0 Time: 2005-08-11 14:02:59 File: businessrules/FlexLicenseManager.cpp Line: 264 Message: Unable to check out BAMServer for this reason: Cannot connect to license server.
The server (lmgrd) has not been started yet, or
the wrong port@host or license file is being used, or the
port or hostname in the license file has been changed.
Feature: BAMServer
Server name: 192.168.250.40
License path: /usr/local/Canopy/FLEXnet/license_files//bam.35006132.2005.Aug. -
04_license.lic
FLEXnet Licensing error:-15,570. System Error: 111 "Connection refused"
For further information, refer to the FLEXnet Licensing End User Guide,
available at “www.macrovision.com”.


What am I doing wrong, please assist.