Bigdaddyd54
I'll check Sonar this evening after work on the synth. Maybe "excutable" is the wrong term. Nothing displayed for me to enter the product code. I just checked and it doesn't show in the path you mentioned. I assume it will once I found out how to get the product code in there. Sonar didn't show an updated number in the plugins scan.
Take a look at this page.
http://www.pluginboutique.com/products/1560?which=additional_info#description Scroll down to where you see the installation instructions. Pay attention to the little note at the top that says you need to install the iLok license manager before running the Xpand!2 installer. There is a download link provided. You will not need a hardware dongle, just the software license manager. Setup a free iLok account.
The product installer shown is for a different AIR product, but it's the same process. After entering your activation code, or "serial", you can choose to store your license on your computer.
And you are running a 64-bit host, correct?