I followed the guide provided here
http://tv.adobe.com/watch/moving-to-adobe-premiere-pro-/importing-an-a vid-project/
but instead of a clean import like in the video, I get about 8 empty sequences named "Precompute Sequence Container" and one main sequence, which is also empty.
I also get this error numerous times when importing.
Running a Mac Pro 10.8.2