This message is often related to GoPro app:
If this occurs a possible solution is to browse to: C:\Windows\SysWOW64 and then remove these files:
If you have a 32-bit version of Windows, the files may be found in the system32 folder.
ippjw7-6 .. 1
This fixes the "No DLLS were Found in the Waterfall procedure" error, but it will have the side effect of causing Time-lapse sequences not to import. So you can choose whether or not this is something that you'd like to try.
Perhaps you can even keep these files stored elsewhere temporarily if using other apps like Passport Photo Maker and add them back if you are doing Time-Lapse.