Welcome to the forum.
I am not sure exactly what you were trying to do with PrE (the PrE 11 trial).
Let's step back to what one needs to do, to edit with PrE.
First, a New Project will need to be created. This can be done from the Welcome Screen. Locate and name that New Project.
Once created, and Open in PrE 11, there will initially be nothing showing - a blank Timeline.
Go to Get Media, navigate to where you media files are located, and Import those.
Then, from the Project Panel, with those Imported media files, drag 1, or more, to the Timeline.
For more background on working with PrE, Steve Grisetti has a great Basic Training Series on Muvipix.com (a sister site to this forum): http://www.muvipix.com/products.php?searchphrase=basic+training&btn.x=21&btn.y=7 Just scroll down to the Premiere Elements 11 Basic Training Series. That will quickly get you up to speed.
If you decide that PrE 11 is the program, that you want to use, I strongly recommend Steve's Muvipix Guide to PrE 11, also available from Muvipix.com, and Amazon. When you get past the basics, he has a great Tips & Tricks book, that is a companion, that takes one into the realm of highly creative and advanced video-editing techniques.
I'm not sure why you converted the video -- but in doing so you may have actually made it LESS rather than more compatible with the program.
Your camcorder is perfectly compatible with Premiere Elements 11. Why not just connect it to your computer via USB and use Premiere Elements to Add Media from Flip or Camera to get the video to your computer? This should not only produce compatible video files, but it should also set up your project to work with it.
The only challenge would be if this is a multi-format camcorder and you're shooting in something other than 1920x1080 AVCHD.
Thank you for responding. To Bill I am basically going to use the program to do minor editing of exposure, contrast and so on. From what I can remember I did create a new Project and navigated to where the file was located. I also tried dragging the file to the area indicated. After trying to open the video it seemed as if it was being moved to the timeline area but that is when the widow opened with the error message.
To Steve I converted the video because it was not a .mov file which is what the company I submit to requires. I recorded the video on the SD card then used the SD card in a reader to get the file to my computer.
I am wondering if the camera can be set to record in .mov and that would save doing the conversion.
I still don't understand why you're converting the file if you plan to edit it in Premiere Elements.
AVCHD edits perfectly in Premiere Elements. Converting it is likely leading to your problems, since you're apparently converting it to a format Premiere Elements can't work with well.
Once you're finished editing it in Premiere Elements, you can output it as any format you want -- even MOV.
Thank you I tried loading the video straight from the SD card and it loaded just fine. I will just convert it after editing instead of before. Thank you for your time in this.