VAST ad not working when embedded in webpage

I am trying to integrate a VAST preroll ad into my webpage. I created a new player in KMC and gave it a VAST ad in Monetize tab. When I go to content and add that player skin to a video to embed it, the following is printed in the console:
2027961?autoembed=true&entry_id=0_xxbd4nt8&playerId=kaltura_player_1446543709&cache_st=1446543709&w…:40 kWidget: Kaltura HTML5 Version: 1.9.6
2027961?autoembed=true&entry_id=0_xxbd4nt8&playerId=kaltura_player_1446543714&cache_st=1446543714&w…:50 kWidget: Kaltura HTML5 Version: 2.36

Why do I see two separate versions in the console? Also, when I embed the player into my webpage I get

2027961?autoembed=true&entry_id=0_xxbd4nt8&playerId=kaltura_player_1446543450&cache_st=1446543450&w…:50 kWidget: Kaltura HTML5 Version: 2.36
file://cdnapi.kaltura.com/html5/html5lib/v2.36/modules/EmbedPlayer/binPlayers/kaltura-player/kdp3.swf Failed to load resource: net::ERR_FILE_NOT_FOUND

I am using Chrome browser for this.

I am suspecting its got something to do with 2 versions being displayed when I add the player skin to my video. Can somebody help me with this?

Hello,

See my note here: