The CR2 files for this are, well wrong.  They have an extra colon in the OBJ specification lines which causes Studio to not find them (Poser just ignores it).  They also have incomplete paths for the textures, which causes Studio no end of fits.

If you were handy with a text editor you could fix these yourself.  Open each of the CR2 files and look for the line that specifies the OBJ file.  It would look something like this:

figureResFile :Runtime:Geometries:BillyClothing:Shoes:RedSandal:V3_Red_7Spike.obj:

See that extra colon on the end, that's wrong.  Remove the colon, leave the rest.  Remember there are TWO copies of the obj line in every CR2 file.

To fix the texture reference problems, use a search and replace tool and replace

:BillyT:Shoes:Sandal:
:BillyT:Reflection:

With

:Runtime:textures:BillyT:Shoes:Sandal:
:Runtime:textures:BillyT:Reflection:

On all the CR2 files.

In fact you might be able to use a search and replace tool to replace any occurance of .obj: with just .obj  I like a free tool called "BK ReplaceEm" but it's kind of aimed at geeky people.  I didn't bother looking at the MAT files for these, I'd bet they are wrong too.

Or you could sumit a ticket to Daz support.  But the odds of you getting a fix that way is pretty close to near zero.  In general I don't waste my time telling Daz their products have defects, I fix what I can and just get on with my life.

-Matt