C:\Python27\lib\distutils\dist.py:267: UserWarning: Unknown distribution option: 'app'
  warnings.warn(msg)
running py2exe                                                             creating C:\Electrum-2.5.4\build
creating C:\Electrum-2.5.4\build\bdist.win32
creating C:\Electrum-2.5.4\build\bdist.win32\winexe
creating C:\Electrum-2.5.4\build\bdist.win32\winexe\collect-2.7
creating C:\Electrum-2.5.4\build\bdist.win32\winexe\bundle-2.7
creating C:\Electrum-2.5.4\build\bdist.win32\winexe\temp
creating C:\Electrum-2.5.4\dist
*** searching for required modules ***
*** parsing results ***
creating python loader for extension 'unicodedata' (C:\Python27\DLLs\unicodedata.pyd -> unicodedata.pyd)
creating python loader for extension 'select' (C:\Python27\DLLs\select.pyd -> select.pyd)
creating python loader for extension '_hashlib' (C:\Python27\DLLs\_hashlib.pyd -> _hashlib.pyd)
creating python loader for extension 'bz2' (C:\Python27\DLLs\bz2.pyd -> bz2.pyd)
*** finding dlls needed ***
*** create binaries ***
*** byte compile python files ***
byte-compiling C:\Electrum-2.5.4\build\bdist.win32\winexe\temp\_hashlib.py to _hashlib.pyc
byte-compiling C:\Electrum-2.5.4\build\bdist.win32\winexe\temp\bz2.py to bz2.pyc
byte-compiling C:\Electrum-2.5.4\build\bdist.win32\winexe\temp\select.py to select.pyc
byte-compiling C:\Electrum-2.5.4\build\bdist.win32\winexe\temp\unicodedata.py to unicodedata.pyc
byte-compiling C:\Python27\lib\StringIO.py to StringIO.pyc
byte-compiling C:\Python27\lib\UserDict.py to UserDict.pyc
byte-compiling C:\Python27\lib\__future__.py to __future__.pyc
byte-compiling C:\Python27\lib\_abcoll.py to _abcoll.pyc
byte-compiling C:\Python27\lib\_strptime.py to _strptime.pyc
byte-compiling C:\Python27\lib\_threading_local.py to _threading_local.pyc
byte-compiling C:\Python27\lib\_weakrefset.py to _weakrefset.pyc
byte-compiling C:\Python27\lib\abc.py to abc.pyc
byte-compiling C:\Python27\lib\atexit.py to atexit.pyc
byte-compiling C:\Python27\lib\base64.py to base64.pyc
byte-compiling C:\Python27\lib\bdb.py to bdb.pyc
byte-compiling C:\Python27\lib\calendar.py to calendar.pyc
byte-compiling C:\Python27\lib\cmd.py to cmd.pyc
byte-compiling C:\Python27\lib\codecs.py to codecs.pyc
byte-compiling C:\Python27\lib\collections.py to collections.pyc
byte-compiling C:\Python27\lib\copy.py to copy.pyc
byte-compiling C:\Python27\lib\copy_reg.py to copy_reg.pyc
byte-compiling C:\Python27\lib\difflib.py to difflib.pyc
byte-compiling C:\Python27\lib\dis.py to dis.pyc
byte-compiling C:\Python27\lib\doctest.py to doctest.pyc
byte-compiling C:\Python27\lib\dummy_thread.py to dummy_thread.pyc
byte-compiling C:\Python27\lib\encodings\__init__.py to encodings\__init__.pyc
creating C:\Electrum-2.5.4\build\bdist.win32\winexe\collect-2.7\encodings
byte-compiling C:\Python27\lib\encodings\aliases.py to encodings\aliases.pyc
byte-compiling C:\Python27\lib\encodings\ascii.py to encodings\ascii.pyc
byte-compiling C:\Python27\lib\encodings\base64_codec.py to encodings\base64_codec.pyc
byte-compiling C:\Python27\lib\encodings\big5.py to encodings\big5.pyc
byte-compiling C:\Python27\lib\encodings\big5hkscs.py to encodings\big5hkscs.pyc
byte-compiling C:\Python27\lib\encodings\bz2_codec.py to encodings\bz2_codec.pyc
byte-compiling C:\Python27\lib\encodings\charmap.py to encodings\charmap.pyc
byte-compiling C:\Python27\lib\encodings\cp037.py to encodings\cp037.pyc
byte-compiling C:\Python27\lib\encodings\cp1006.py to encodings\cp1006.pyc
byte-compiling C:\Python27\lib\encodings\cp1026.py to encodings\cp1026.pyc
byte-compiling C:\Python27\lib\encodings\cp1140.py to encodings\cp1140.pyc
byte-compiling C:\Python27\lib\encodings\cp1250.py to encodings\cp1250.pyc
byte-compiling C:\Python27\lib\encodings\cp1251.py to encodings\cp1251.pyc
byte-compiling C:\Python27\lib\encodings\cp1252.py to encodings\cp1252.pyc
byte-compiling C:\Python27\lib\encodings\cp1253.py to encodings\cp1253.pyc
byte-compiling C:\Python27\lib\encodings\cp1254.py to encodings\cp1254.pyc
byte-compiling C:\Python27\lib\encodings\cp1255.py to encodings\cp1255.pyc
byte-compiling C:\Python27\lib\encodings\cp1256.py to encodings\cp1256.pyc
byte-compiling C:\Python27\lib\encodings\cp1257.py to encodings\cp1257.pyc
byte-compiling C:\Python27\lib\encodings\cp1258.py to encodings\cp1258.pyc
byte-compiling C:\Python27\lib\encodings\cp424.py to encodings\cp424.pyc
byte-compiling C:\Python27\lib\encodings\cp437.py to encodings\cp437.pyc
byte-compiling C:\Python27\lib\encodings\cp500.py to encodings\cp500.pyc
byte-compiling C:\Python27\lib\encodings\cp720.py to encodings\cp720.pyc
byte-compiling C:\Python27\lib\encodings\cp737.py to encodings\cp737.pyc
byte-compiling C:\Python27\lib\encodings\cp775.py to encodings\cp775.pyc
byte-compiling C:\Python27\lib\encodings\cp850.py to encodings\cp850.pyc
byte-compiling C:\Python27\lib\encodings\cp852.py to encodings\cp852.pyc
byte-compiling C:\Python27\lib\encodings\cp855.py to encodings\cp855.pyc
byte-compiling C:\Python27\lib\encodings\cp856.py to encodings\cp856.pyc
byte-compiling C:\Python27\lib\encodings\cp857.py to encodings\cp857.pyc
byte-compiling C:\Python27\lib\encodings\cp858.py to encodings\cp858.pyc
byte-compiling C:\Python27\lib\encodings\cp860.py to encodings\cp860.pyc
byte-compiling C:\Python27\lib\encodings\cp861.py to encodings\cp861.pyc
byte-compiling C:\Python27\lib\encodings\cp862.py to encodings\cp862.pyc
byte-compiling C:\Python27\lib\encodings\cp863.py to encodings\cp863.pyc
byte-compiling C:\Python27\lib\encodings\cp864.py to encodings\cp864.pyc
byte-compiling C:\Python27\lib\encodings\cp865.py to encodings\cp865.pyc
byte-compiling C:\Python27\lib\encodings\cp866.py to encodings\cp866.pyc
byte-compiling C:\Python27\lib\encodings\cp869.py to encodings\cp869.pyc
byte-compiling C:\Python27\lib\encodings\cp874.py to encodings\cp874.pyc
byte-compiling C:\Python27\lib\encodings\cp875.py to encodings\cp875.pyc
byte-compiling C:\Python27\lib\encodings\cp932.py to encodings\cp932.pyc
byte-compiling C:\Python27\lib\encodings\cp949.py to encodings\cp949.pyc
byte-compiling C:\Python27\lib\encodings\cp950.py to encodings\cp950.pyc
byte-compiling C:\Python27\lib\encodings\euc_jis_2004.py to encodings\euc_jis_2004.pyc
byte-compiling C:\Python27\lib\encodings\euc_jisx0213.py to encodings\euc_jisx0213.pyc
byte-compiling C:\Python27\lib\encodings\euc_jp.py to encodings\euc_jp.pyc
byte-compiling C:\Python27\lib\encodings\euc_kr.py to encodings\euc_kr.pyc
byte-compiling C:\Python27\lib\encodings\gb18030.py to encodings\gb18030.pyc
byte-compiling C:\Python27\lib\encodings\gb2312.py to encodings\gb2312.pyc
byte-compiling C:\Python27\lib\encodings\gbk.py to encodings\gbk.pyc
byte-compiling C:\Python27\lib\encodings\hex_codec.py to encodings\hex_codec.pyc
byte-compiling C:\Python27\lib\encodings\hp_roman8.py to encodings\hp_roman8.pyc
byte-compiling C:\Python27\lib\encodings\hz.py to encodings\hz.pyc
byte-compiling C:\Python27\lib\encodings\idna.py to encodings\idna.pyc
byte-compiling C:\Python27\lib\encodings\iso2022_jp.py to encodings\iso2022_jp.pyc
byte-compiling C:\Python27\lib\encodings\iso2022_jp_1.py to encodings\iso2022_jp_1.pyc
byte-compiling C:\Python27\lib\encodings\iso2022_jp_2.py to encodings\iso2022_jp_2.pyc
byte-compiling C:\Python27\lib\encodings\iso2022_jp_2004.py to encodings\iso2022_jp_2004.pyc
byte-compiling C:\Python27\lib\encodings\iso2022_jp_3.py to encodings\iso2022_jp_3.pyc
byte-compiling C:\Python27\lib\encodings\iso2022_jp_ext.py to encodings\iso2022_jp_ext.pyc
byte-compiling C:\Python27\lib\encodings\iso2022_kr.py to encodings\iso2022_kr.pyc
byte-compiling C:\Python27\lib\encodings\iso8859_1.py to encodings\iso8859_1.pyc
byte-compiling C:\Python27\lib\encodings\iso8859_10.py to encodings\iso8859_10.pyc
byte-compiling C:\Python27\lib\encodings\iso8859_11.py to encodings\iso8859_11.pyc
byte-compiling C:\Python27\lib\encodings\iso8859_13.py to encodings\iso8859_13.pyc
byte-compiling C:\Python27\lib\encodings\iso8859_14.py to encodings\iso8859_14.pyc
byte-compiling C:\Python27\lib\encodings\iso8859_15.py to encodings\iso8859_15.pyc
byte-compiling C:\Python27\lib\encodings\iso8859_16.py to encodings\iso8859_16.pyc
byte-compiling C:\Python27\lib\encodings\iso8859_2.py to encodings\iso8859_2.pyc
byte-compiling C:\Python27\lib\encodings\iso8859_3.py to encodings\iso8859_3.pyc
byte-compiling C:\Python27\lib\encodings\iso8859_4.py to encodings\iso8859_4.pyc
byte-compiling C:\Python27\lib\encodings\iso8859_5.py to encodings\iso8859_5.pyc
byte-compiling C:\Python27\lib\encodings\iso8859_6.py to encodings\iso8859_6.pyc
byte-compiling C:\Python27\lib\encodings\iso8859_7.py to encodings\iso8859_7.pyc
byte-compiling C:\Python27\lib\encodings\iso8859_8.py to encodings\iso8859_8.pyc
byte-compiling C:\Python27\lib\encodings\iso8859_9.py to encodings\iso8859_9.pyc
byte-compiling C:\Python27\lib\encodings\johab.py to encodings\johab.pyc
byte-compiling C:\Python27\lib\encodings\koi8_r.py to encodings\koi8_r.pyc
byte-compiling C:\Python27\lib\encodings\koi8_u.py to encodings\koi8_u.pyc
byte-compiling C:\Python27\lib\encodings\latin_1.py to encodings\latin_1.pyc
byte-compiling C:\Python27\lib\encodings\mac_arabic.py to encodings\mac_arabic.pyc
byte-compiling C:\Python27\lib\encodings\mac_centeuro.py to encodings\mac_centeuro.pyc
byte-compiling C:\Python27\lib\encodings\mac_croatian.py to encodings\mac_croatian.pyc
byte-compiling C:\Python27\lib\encodings\mac_cyrillic.py to encodings\mac_cyrillic.pyc
byte-compiling C:\Python27\lib\encodings\mac_farsi.py to encodings\mac_farsi.pyc
byte-compiling C:\Python27\lib\encodings\mac_greek.py to encodings\mac_greek.pyc
byte-compiling C:\Python27\lib\encodings\mac_iceland.py to encodings\mac_iceland.pyc
byte-compiling C:\Python27\lib\encodings\mac_latin2.py to encodings\mac_latin2.pyc
byte-compiling C:\Python27\lib\encodings\mac_roman.py to encodings\mac_roman.pyc
byte-compiling C:\Python27\lib\encodings\mac_romanian.py to encodings\mac_romanian.pyc
byte-compiling C:\Python27\lib\encodings\mac_turkish.py to encodings\mac_turkish.pyc
byte-compiling C:\Python27\lib\encodings\mbcs.py to encodings\mbcs.pyc
byte-compiling C:\Python27\lib\encodings\palmos.py to encodings\palmos.pyc
byte-compiling C:\Python27\lib\encodings\ptcp154.py to encodings\ptcp154.pyc
byte-compiling C:\Python27\lib\encodings\punycode.py to encodings\punycode.pyc
byte-compiling C:\Python27\lib\encodings\quopri_codec.py to encodings\quopri_codec.pyc
byte-compiling C:\Python27\lib\encodings\raw_unicode_escape.py to encodings\raw_unicode_escape.pyc
byte-compiling C:\Python27\lib\encodings\rot_13.py to encodings\rot_13.pyc
byte-compiling C:\Python27\lib\encodings\shift_jis.py to encodings\shift_jis.pyc
byte-compiling C:\Python27\lib\encodings\shift_jis_2004.py to encodings\shift_jis_2004.pyc
byte-compiling C:\Python27\lib\encodings\shift_jisx0213.py to encodings\shift_jisx0213.pyc
byte-compiling C:\Python27\lib\encodings\string_escape.py to encodings\string_escape.pyc
byte-compiling C:\Python27\lib\encodings\tis_620.py to encodings\tis_620.pyc
byte-compiling C:\Python27\lib\encodings\undefined.py to encodings\undefined.pyc
byte-compiling C:\Python27\lib\encodings\unicode_escape.py to encodings\unicode_escape.pyc
byte-compiling C:\Python27\lib\encodings\unicode_internal.py to encodings\unicode_internal.pyc
byte-compiling C:\Python27\lib\encodings\utf_16.py to encodings\utf_16.pyc
byte-compiling C:\Python27\lib\encodings\utf_16_be.py to encodings\utf_16_be.pyc
byte-compiling C:\Python27\lib\encodings\utf_16_le.py to encodings\utf_16_le.pyc
byte-compiling C:\Python27\lib\encodings\utf_32.py to encodings\utf_32.pyc
byte-compiling C:\Python27\lib\encodings\utf_32_be.py to encodings\utf_32_be.pyc
byte-compiling C:\Python27\lib\encodings\utf_32_le.py to encodings\utf_32_le.pyc
byte-compiling C:\Python27\lib\encodings\utf_7.py to encodings\utf_7.pyc
byte-compiling C:\Python27\lib\encodings\utf_8.py to encodings\utf_8.pyc
byte-compiling C:\Python27\lib\encodings\utf_8_sig.py to encodings\utf_8_sig.pyc
byte-compiling C:\Python27\lib\encodings\uu_codec.py to encodings\uu_codec.pyc
byte-compiling C:\Python27\lib\encodings\zlib_codec.py to encodings\zlib_codec.pyc
byte-compiling C:\Python27\lib\fnmatch.py to fnmatch.pyc
byte-compiling C:\Python27\lib\functools.py to functools.pyc
byte-compiling C:\Python27\lib\genericpath.py to genericpath.pyc
byte-compiling C:\Python27\lib\getopt.py to getopt.pyc
byte-compiling C:\Python27\lib\gettext.py to gettext.pyc
byte-compiling C:\Python27\lib\hashlib.py to hashlib.pyc
byte-compiling C:\Python27\lib\heapq.py to heapq.pyc
byte-compiling C:\Python27\lib\inspect.py to inspect.pyc
byte-compiling C:\Python27\lib\io.py to io.pyc
byte-compiling C:\Python27\lib\keyword.py to keyword.pyc
byte-compiling C:\Python27\lib\linecache.py to linecache.pyc
byte-compiling C:\Python27\lib\locale.py to locale.pyc
byte-compiling C:\Python27\lib\logging\__init__.py to logging\__init__.pyc
creating C:\Electrum-2.5.4\build\bdist.win32\winexe\collect-2.7\logging
byte-compiling C:\Python27\lib\ntpath.py to ntpath.pyc
byte-compiling C:\Python27\lib\opcode.py to opcode.pyc
byte-compiling C:\Python27\lib\optparse.py to optparse.pyc
byte-compiling C:\Python27\lib\os.py to os.pyc
byte-compiling C:\Python27\lib\os2emxpath.py to os2emxpath.pyc
byte-compiling C:\Python27\lib\pdb.py to pdb.pyc
byte-compiling C:\Python27\lib\pickle.py to pickle.pyc
byte-compiling C:\Python27\lib\posixpath.py to posixpath.pyc
byte-compiling C:\Python27\lib\pprint.py to pprint.pyc
byte-compiling C:\Python27\lib\quopri.py to quopri.pyc
byte-compiling C:\Python27\lib\random.py to random.pyc
byte-compiling C:\Python27\lib\re.py to re.pyc
byte-compiling C:\Python27\lib\repr.py to repr.pyc
byte-compiling C:\Python27\lib\shlex.py to shlex.pyc
byte-compiling C:\Python27\lib\sre.py to sre.pyc
byte-compiling C:\Python27\lib\sre_compile.py to sre_compile.pyc
byte-compiling C:\Python27\lib\sre_constants.py to sre_constants.pyc
byte-compiling C:\Python27\lib\sre_parse.py to sre_parse.pyc
byte-compiling C:\Python27\lib\stat.py to stat.pyc
byte-compiling C:\Python27\lib\string.py to string.pyc
byte-compiling C:\Python27\lib\stringprep.py to stringprep.pyc
byte-compiling C:\Python27\lib\struct.py to struct.pyc
byte-compiling C:\Python27\lib\subprocess.py to subprocess.pyc
byte-compiling C:\Python27\lib\tempfile.py to tempfile.pyc
byte-compiling C:\Python27\lib\textwrap.py to textwrap.pyc
byte-compiling C:\Python27\lib\threading.py to threading.pyc
byte-compiling C:\Python27\lib\token.py to token.pyc
byte-compiling C:\Python27\lib\tokenize.py to tokenize.pyc
byte-compiling C:\Python27\lib\traceback.py to traceback.pyc
byte-compiling C:\Python27\lib\types.py to types.pyc
byte-compiling C:\Python27\lib\unittest\__init__.py to unittest\__init__.pyc
creating C:\Electrum-2.5.4\build\bdist.win32\winexe\collect-2.7\unittest
byte-compiling C:\Python27\lib\unittest\case.py to unittest\case.pyc
byte-compiling C:\Python27\lib\unittest\loader.py to unittest\loader.pyc
byte-compiling C:\Python27\lib\unittest\main.py to unittest\main.pyc
byte-compiling C:\Python27\lib\unittest\result.py to unittest\result.pyc
byte-compiling C:\Python27\lib\unittest\runner.py to unittest\runner.pyc
byte-compiling C:\Python27\lib\unittest\signals.py to unittest\signals.pyc
byte-compiling C:\Python27\lib\unittest\suite.py to unittest\suite.pyc
byte-compiling C:\Python27\lib\unittest\util.py to unittest\util.pyc
byte-compiling C:\Python27\lib\warnings.py to warnings.pyc
byte-compiling C:\Python27\lib\weakref.py to weakref.pyc
*** copy extensions ***
copying C:\Python27\DLLs\_hashlib.pyd -> C:\Electrum-2.5.4\dist
copying C:\Python27\DLLs\bz2.pyd -> C:\Electrum-2.5.4\dist
copying C:\Python27\DLLs\select.pyd -> C:\Electrum-2.5.4\dist
copying C:\Python27\DLLs\unicodedata.pyd -> C:\Electrum-2.5.4\dist
*** copy dlls ***
copying C:\Python27\w9xpopen.exe -> C:\Electrum-2.5.4\dist
copying C:\Windows\system32\python27.dll -> C:\Electrum-2.5.4\dist
setting sys.winver for 'C:\Electrum-2.5.4\dist\python27.dll' to 'Electrum'

*** binary dependencies ***
Your executable(s) also depend on these dlls which are not included,
you may or may not need to distribute them.

Make sure you have the license if you distribute any of them, and
make sure you don't distribute files belonging to the operating system.

   USER32.dll - C:\Windows\system32\USER32.dll
   SHELL32.dll - C:\Windows\system32\SHELL32.dll
   ADVAPI32.dll - C:\Windows\system32\ADVAPI32.dll
   WS2_32.dll - C:\Windows\system32\WS2_32.dll
   GDI32.dll - C:\Windows\system32\GDI32.dll
   KERNEL32.dll - C:\Windows\system32\KERNEL32.dll