NOTE: SOLVED IN VERSION 4.4.0.29
The solution to this error is to reduce the gain of the camera.
SOLUTION:
1) Open Mach-1 Motion
2) Open camera (error occurs)
3) Open camera settings window
4) Reduce gain to <12.
5) Restart Mach-1 Motion [in one case it was necessary to end its process in TASK MANAGER as well]