Lightroom Mobile - 5.4.0 Update Deletes Photos & Presets

Elements 7 ~~~ 64-bit Windows 7

On a poverty-level Kentucky budget, a 24-exposure roll of film would have two Christmases and a summer vacation on it and we might have to wait another six months before being able to afford developing the film.
I still have trouble remembering that it doesn't cost anything to take thousands of pictures; it just almost seems impossible to be true.