I have the exact same problem with mine too. Any help would also be appreciated. It acts like it wants to start, all the lights light up and then it goes into that mode and keeps losing and regaining contact with the board, but never does start hashing and just goes into an endless loop. Used it on a Win7 computer and a Ubuntu PC, same results.
Did you see my PM about trying each die one at a time to see if it works if you isolate the one with the chip in it?
Unfortunately that error is a pretty generic one when it won't communicate, so it's hard to isolate just based on that.