When restoring a machine that has extra components from a P2V you get the following error:
Error Message: Object reference not set to an instance of an object.
vRanger isn't able to create a machine because of these extra components
Edit the VMconfig file for this backup.
Remove any extra componenets not needed by a standard build of a VM. (ie HD Audio, USB Controller, etc)
They will be contained in <Device> ... </Device> tags. Remove the device tags and everything contained in the tags. You can create a copy of the VMconfig to make sure that you have the original in case this doens't work
Try the restore again.