Licensing stopped  Error 150:30  Mac

Transferred files from old Mac to new Mac.  Everything transferred.  I checked PSE, and it looked as if it was fine. 
A week later I tried to open PSE and got the error message saying the licensing stopped. 
Again - this is my new Mac.  I am not trying to share PSE with anyone else, but I do want to continue to use the software program I own.
I do have my original disc, but the new Mac (Mountain Lion) does not have a disc drive.  At any rate it should have transferred.
Any suggestions? 

Nooooo, sorry. You can never, never migrate an installed copy of PSE. (Lots of people think they're successful at first, but it always fails, sooner or later) PSE is not a tidy package like most mac apps. The installer strews stuff all over your hard drive in places the migration assistant is not trained to look. You will need to run this, then remove what you copied over, then find some way to copy the install disc to your mac and start from scratch.
http://www.adobe.com/support/contact/cscleanertool.html
If you have PSE  11, you can download the trial and enter your serial number there. For older versions, if you are near an apple store, they will usually let you copy the installer to a CD or usb drive if you bring one with you.

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