9:25:30 (ESRI) Wrong hostid on SERVER line for license file:
9:25:30 (ESRI) 	C:\PROGRA~1\ESRI\License\ARCINFO.lic
9:25:30 (ESRI) SERVER line says ESRI_SENTINEL_KEY=37116248, hostid is ESRI_SENTINEL_KEY=37114557
9:25:30 (ESRI) Invalid hostid on SERVER line
9:25:30 (ESRI) Disabling 3 licenses from feature ARC/INFO(4B8E308198912EDB3AF6)
(This is repeated for each FEATURE you have)
9:25:30 (lmgrd) ESRI using TCP-port 4263
9:25:38 (ESRI) DENIED: "Viewer" Administrator@jubba (feature removed during lmreread, or wrong SERVER line hostid (-92,395))
9:28:38 (ESRI) No valid hostids, exiting
The ESRI_SENTINEL_KEY number in the license file and the hardware key plugged into the computer do not match.
Verify your hardware key number matches the key number in the license file.
Replace the existing key with the key that is expected.
If you do not have another key, confirm the ESRI_SENTINEL_KEY number of the key you do have and contact ESRI Customer Service to obtain the appropriate license file.