As I suggested from my post early this morning, I deactivated/uninstalled the plug-in and re-installed it back using version 1.20 only to find that was not working.
Luckily I remembered WordPress keeps old versions on the server, and I deactivated/uninstalled and installed version 1.14 which now allows me to work with the watermarks on both websites.
How to Get Support
After you register and login to the site, you may post all plugin support questions in the Support Forum.
If you need to provide private info, please create a ticket and then reply to it using Set as private reply option.