It seems that you have not created a timeline. So, please right click on the file in project panel and select "new sequence from clip" .
Thank you very much Vinay :-)
I was guessing it was something simple like that and that did fix the problem. If the timeline is already in place when you import the files into project, then why should you have to do this?
in Premiere pro CC you do not get option of choosing sequence settings by default. In CS6 this option was enabled by default so as you create a new project in CC, there is no sequence setting window for you to choose the settings. So, once you import the clip and create a sequence this way, Premiere pro CC interprets and try to crete a sequence according to the clip so as to match the settings. If you know or want to change the sequence settings you can go to File>new>sequence and create a custom sequence.