Products theme, bp enabled, error on install, small button appearing below menus that should go to /

Hi,
I had an error message appear when I activated the products theme w bp enabled; line 63? (it is now gone) but a small button appeared below the bp menu on the right which is trying to find localhost/wordpress/register. I have not tried to upload anything to my server yet, as I am developing locally. Am I missing a plugin? I have deactivated all plugins from other themes prior to installation. Everything else seems to be working fine, including themes and widgets on the subdirectory blogs.

Thanks in advance,
cmccb