Toad Advisor gives warning about non existent registry key (4334005)

When I run Toad Advisor, the following warning appears: "Invalid registry path The registry key HKEY_LOCAL_MACHINE\SOFTWARE\Quest Software\LFPathTOAD points to a non-existent directory. Certain Quest Software products may not work. Set this registry key to a valid Toad installation. (Current value: ) "

The LFPathTOAD entry should be located in either registry location:

(32-bit Windows)
HKEY_LOCAL_MACHINE\SOFTWARE\Quest Software

(64-bit Windows)
HKEY_LOCAL_MACHINE\SOFTWARE\Wow6432Node\Quest Software

Ensure the value for LFPathTOAD is the path where the Toad.exe resides to launch Toad. i.e.:

C:\Program Files\Quest Software\Toad for Oracle\

NOTE: If the LFPathTOAD key does not exist, then create a new String Value from the right-click menu of Quest Software key. Once created, right-click on LFPathTOAD and select Modify. Copy and past Toad.exe path {C:\Program Files\Quest Software\Toad for Oracle} and hit OK.

Disclaimer : Quest does not provide support for problems that arise from improper modification of the registry. The Windows registry contains information critical to your computer and applications. Make sure you back up the registry before modifying it. For more information on the Windows Registry Editor and how to back up and restore it, refer to Microsoft Article ID 256986 "Description of the Microsoft Windows registry": http://support.microsoft.com/default.aspx?kbid=256986.