Side note: If you use "SPIC - Show Plugin Code" be sure that it is the only plugin that has the ordering of "0", because in Joomla 2.5 it gets changed when adding a new plugin and it won't work.
What I did was in the Module Config. for the images path setting text box was put the correct path (images/slides) but in the process I had added a couple of line breaks and not noticed them as they are not visible, they removed them so that the path was left and that fixed it.
The other issue that is documented, but I missed it. The "ariimageslider.ini" for the captions and links must be in the same folder as your images or it won't work.
Thanks again to ARI Soft for such great products.
I just updated to version 2.76 and now it runs perfectly. I have used many glossary programs over the years. In my opinion, this one is the best.
Thank you very much Martin
Note: If you update, you must follow his provided instructions.