Error message while starting with App-V app

As per the topic concerned, have any of you come across the following scenario? Whenever I get myself off from the network to get started with App-V app, I face the following error note. 

[01/30/2012 10:19:24:233 JGSW ERR] {hap=6:app=Microsoft Project 2010 14.0.4751.1000:tid=73C:usr=USERNAME}

The Application Virtualization Client could not connect to a server because it encountered error 0DF03306-0000000E trying to set up the data directory for this user.

[01/30/2012 10:19:24:235 SWAP ERR] {hap=6:app=Microsoft Project 2010 14.0.4751.1000:tid=73C:usr= USERNAME}

The client was unable to connect to an Application Virtualization Server (rc 0DF03306-0000000E)

[01/30/2012 10:19:24:343 TRAY ERR] {tid=1418:usr= USERNAME}

The Application Virtualization Client could not launch Microsoft Project 2010 14.0.4751.1000.

Your Application Virtualization data cannot be accessed. Report the following error code to your System Administrator.

Error code: 4617581-0DF03306-0000000E

By default settings the main User Data Directory is placed as DFS share (\server1USERNAMESoftGrid Content). It is done in order to offer the same privileges to the users on both Windows as well as Citrix platform. Furthermore, we are opposite to get handy with roaming profiles as it requires there is a size limit considering our organizational policies in respect to roaming profiles. Is there anyone who can help me out on this concern, please?