Well well...looks like I found a solution to the problem ...And theeeeeeeen!...suddenly a new
problem happened...The solution was to copy all the dll files from orangebox folder and overwrite all the .dll files in:
[Source Engine 2007] folder and
[Source Engine 2006] folder.
A new problem was then become accessible...My mod engine version
almost not working and I could not import my new textures as before:(
So I hope Valve is fixing this mess they have made...MOD status for the time being ON HOLD
You can not escape it.