Although you are using an old version of the plugin, I see in the log that the following path cannot be found : 'E:\vPinball\PinX\Media\Loading Images' . Does this folder exists?
BTW, do you have matching video files for the tables you launch ?
If you launch table 000.vpx, you need a media file called 000.xxx (avi,mp4,etc) as well
Totally unrelated to this issue, but you launch visual pinball with parameter /stayinram. This is a parameter from future pinball and doesn't have any effect for Visual Pinball