Corrupt Data File Quicken 2007 for Mac (Lion)

Bought QM 2007 for Mac (Lion compatible) and without touching my personal data file, opened a new file and immediately got the "...corrupt data in data file" message. I've tried everything I could find including: trashing the Quotes file, my old Quicken 2006 app, removing any 3vix files, intuit preferences, etc. Nothing helped. I then ran QM2007 on Snow Leopard with my old data file, and after trashing the Quotes file, it worked. So I saved this file and transfered it to my Lion machine, trashed the quotes file. Same error, ...data corrupted. Thinking it's my Lion machine, I opened it in Safe mode...no help. Created a new account...no help. Imported .qif file..no help. I've searched the Quicken forum...no help. I'm very desparate; anyone have any ideas?
Mac OS X 10.7.5, Mac Pro (2012), Quicken 2007 for Mac (Lion) 16.1.4.

Thanks, Baltwo. I'm convinced it's something about my Lion installation that's the cause, since others as yourself seem to be OK—although I haven't been able to run it down. The Quicken 2007 is a fresh installation, each time I try out a new approach, I reinstall the software. Now perhaps it's accumulating some ancillary file that doesn't get trashed, but I can't run that down. I did find something interesting in my systematic search for a cause, and that is that when i install it on my Snow Leopard machine, it works fine with a new, unpopulated data file. But if I re-index my Q 2006 file, trash my Quotes file, then import it into QM 2007, the "corrupt data error" comes up. So I know everything (the QM 2007-Lion) works in Snow Leopard without prior re-indexing the data file, just not in Lion. So I saved my data file that worked in the Snow Leopard version (so it's now a QM 2007-Lion file), try to open it on my Lion machine with a new QM 2007-Lion install, and the corrupt data error appears. As I said above, opening in Safe mode, creating a new account, running my disk through Disk Utility and fixing permissions, nothing has worked so far.
So I bit the bullet and created a Snow Leopard virtual machine (Server version) with my Parallels, and it finally works, including downloading my investment, credit card, etc. accounts. Now I can move on with my taxes, but I'm still perplexed why Lion won't let me run it. I don't like my SL VM because Parallels won't permit coherence, so it's kind of kludgy.
That's my story after many hours of troubleshooting. I hope this helps someone else with the same problem. Thanks for trying to help.

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Ralph Landry1 wrote:
Michael, if you had been on here and following the discussions since Lion came out you would know your statements are counter reality. Essentials came out and was the stop-gap for the Quicken non-compatibility issues until fixes to 2007 were released.
I dispute both of your statements:
1. "...if you had been on here..." - Could you please clarify the time frame you are refering to here, please.
2. Now Bee may have anecdotally found one Quicken 2007 user who now prefers Quicken Essentials. I have never used Quicken Essentials, but I can only go on what I have read over and over again on this and many other forums.
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That is "apples and oranges!"
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[Quicken Deluxe 2002 PPC shown running here - click on image to enlarge]
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