Hi champs, max db is not starting version 7.7.04.28

Hi champs, max db is not starting version 7.7.04.28.

The db_online/db_admin commands gives error

2015-05-04 14:05:21 0x00005e14 INF        421 DBMSrv   Command 'user_logon ...' was executed since 2015-05-04 14:05:21.

2015-05-04 14:05:21 0x00005e14 ERR     -24580 DBMSrv   ERR_COMMAND_FAILED: Command 'user_logon' has ended and failed with return code -24950.

Attached is the dbm.prt file from the work directory