First, make sure that PREDATOR is running; you should see its green icon in the system tray:
If PREDATOR is actually running but nothing happens when you remove the key, then there are probably several USB drives (either flash drives or hard disk drives) connected to your computer, and you are removing the wrong one.
Usually, this means that when you have created the PREDATOR key, you didn't do it on the flash drive that you expected. The key got created on an other one because you didn't pay attention to the drive letter.
You should revoke the key from the wrong drive, and create a new key on the correct drive with the "Revoke" and "Register" buttons in the Preferences/Main options form.
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