Easy Populate Advanced 3.0.3

[Flux1231]

HI all, I have installed EP anvanced 3.0.3 and having an issue. when i try to run it i get the following error...

Your uploads folder is either missing, has incorrect permissions, or does not correspond with the Easy Populate configuration. Please confirm that the Easy Populate Configuration contains the correct location of an existing folder. Easy Populate cannot operate until you have provided an uploads folder with read/write permissions. Note that these permissions are required by PHP and your web server application. Usually permissions equal to chmod 700 are required, but you may require chmod 777 depending on your hosting server setup.

I have verified the folder is there and have set parmision to 777 but still get the same error.. the path to the folder is also correct to /home/moodeals/uploads/....

any help or ideas would be greatly appreciated....

Flux