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VirtualBox: Can't start VM



I've got the new machine running and decided, as a first gambit, to try
Virtual Box under the installed OS, Win7-64 Home Premium. I've installed
VBox 4.3.14 and created a Win7-32 virtual machine. When I try to start
the VM, however, I get the following:

-- Quote --
Failed to open a session for the virtual machine MS-Win7-32.
The virtual machine 'MS-Win7-32' has terminated unexpectedly during startup with exit code 1.

Result Code: E_FAIL (0x80004005)
Component: Machine
Interface: IMachine {480cf695-2d8d-4256-9c7c-cce4184fa048}
-- Unquote --

Suggestions?

--
Carl Distefano
cld@xxxxxxxx