Issues with using KalturaCE and BuddyPress

I installed KalturaCE 1.5 which installed fine (it said it installed fine also). However it seems as if the KalturaCE BuddyPress plugin doesn't want me to connect to my server and is deadset on using http://kaltura.com

Everytime I enter my correct cridentials in the setup page of the buddypress plugin and click "Complete Installation" it just reloads the page and displays the message, "Media Pack Installed" or something like that.

Nothing I do seems to be working...

Any help is appreciated,

Thank you