I just reinstalled and re-downloaded the Epic importer. Now it works FYI. I am wondering though if anyone has figured out how to import the R3D files all in one folder as opposed to one R3D in its own folder.
So I guess Premiere says RMD's aren't supported, but I can occasionally get them to work. Up until recently I was able to reload the looks I had in RCX but now its not working. I am not sure what the issue is. I wonder if the RMD directory isn't getting referenced correctly in Premiere.
I just got it to work. 5.5 does work, but I had to make sure that my RMD files from my laptop directory were copied to my tower once I got back to the studio. Make sure you install the red epic importer properly and it should be smooth sailing.