@Alan and TheCall - Welcome to the TTW initiation phase, I went through the same effort however after a lot of patience, it will work. Congrats Alan for bringing the game online.
@TheCall, from experience, your error is also indicative of this (also see Zax's suggestion above as well), notice you need both 2010 and 2012, AND x86 AND x64 ...
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The installer requires Microsoft Visual C++ 2012 Redistributable SP1 (if your operating system is x64 (64-bit), make sure you install both the x86 (32-bit) and x64 (64-bit) versions).
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If you don't already have Microsoft Visual C++ 2010 Redistributable (download for x86 or x64) on your computer, you will need to install that as well.