If you are hosting with Godaddy, and you don't have a dedicated server, you can't run this program because you can't install the pre-requisite programs (ffmpeg mencoder/mplayer flvtool2 ruby etc).

Godaddy in my opinion is a scourge. I think they are a pimple on the asshole of the internet with the lowest possible standard of quality, while selling lots of crap that you don't need at all. Meanwhile, their support sucks in my experience and you can't use their hosting packages for ffmpeg sites. Just my opinion. Your experience may differ. Pigs may shit gold one day too.