OpenSMPP PANIC HELP

Good day colleagues,

I wanted to know if anyone has a solution to this problem:

 root@sms03 copy]# 2016-01-21 11:46:04 [24275] [144] PANIC:
gwlib/octstr.c:2488: seems_valid_real: Assertion `ostr != NULL' failed.
(Called from gwlib/octstr.c:875:octstr_compare.)
2016-01-21 11:46:04 [24275] [144] PANIC: ./opensmppbox(gw_panic+0x147)
[0x441167]
2016-01-21 11:46:04 [24275] [144] PANIC: ./opensmppbox() [0x442362]
2016-01-21 11:46:04 [24275] [144] PANIC: ./opensmppbox(octstr_compare+0x20)
[0x447180]
2016-01-21 11:46:04 [24275] [144] PANIC: ./opensmppbox(check_login+0x2b8)
[0x40ce58]
2016-01-21 11:46:04 [24275] [144] PANIC: ./opensmppbox() [0x40d1b8]
2016-01-21 11:46:04 [24275] [144] PANIC: ./opensmppbox() [0x43832e]
2016-01-21 11:46:04 [24275] [144] PANIC: /lib64/libpthread.so.0(+0x7a51)
[0x7fe29f3e2a51]
2016-01-21 11:46:04 [24275] [144] PANIC: /lib64/libc.so.6(clone+0x6d)
[0x7fe29eae093d]

Even when we restart the opensmpp, we may connect succesfull but once we
try to initialise, it gives the error below and the same error above in the
log:

[160121-124837] call: Connected
[160121-124900] call: Initialization failed. Error: -4
[160121-124900] call: Disconnected. Reason: 0

Has anyone been able to get past this? Please share your story?

Regards,

Paul