I hope i can help you with this as i found the problem with mine was that you have to run after effect as an administrator or it will not work at least for me that is the case.
OK so i don't know what is happening right now it stoped working again every time i press squirt gif it just render the comp to avi video and then the dos window appears for split second and close. I dont know what im doing wrong because the other day it was working fine now i only get avi file.
So the first time everything went fine and it rendered my gif no problem but after that i only get avi file and no gif, and i cant load the output module it give me error when i try to do that.