Also I was not able to find a portable version.-spankmonkey
You can extract the setup file using
UniExtract (with latest
innounp), you'll end up with this:

It will only run for a few seconds if it doesn't have internet access:
19/04/2016 12:53:55 | 1104 | Awesome Video Player | avplayer.exe | Out | 52047 | 104.72.70.25 | 80 | 6
19/04/2016 12:53:55 | 1104 | Awesome Video Player | avplayer.exe | Out | 52046 | 104.72.70.9 | 80 | 6
19/04/2016 12:53:53 | 1104 | Awesome Video Player | avplayer.exe | Out | 52045 | 104.27.137.35 | 80 | 6
19/04/2016 12:53:53 | 1104 | Awesome Video Player | avplayer.exe | Out | 52045 | 104.27.136.35 | 80 | 6
19/04/2016 12:53:49 | 1104 | Awesome Video Player | avplayer.exe | Out | 52043 | 104.27.137.35 | 80 | 6
19/04/2016 12:53:49 | 1104 | Awesome Video Player | avplayer.exe | Out | 52042 | 104.27.137.35 | 80 | 6
19/04/2016 12:53:49 | 1104 | Awesome Video Player | avplayer.exe | Out | 52041 | 104.27.136.35 | 80 | 6
19/04/2016 12:53:49 | 1104 | Awesome Video Player | avplayer.exe | Out | 52040 | 104.27.136.35 | 80 | 6
19/04/2016 12:53:49 | 1104 | Awesome Video Player | avplayer.exe | Out | 52039 | 104.27.137.35 | 80 | 6
19/04/2016 12:53:49 | 1104 | Awesome Video Player | avplayer.exe | Out | 52038 | 104.27.137.35 | 80 | 6
19/04/2016 12:53:49 | 1104 | Awesome Video Player | avplayer.exe | Out | 52036 | 104.27.136.35 | 80 | 6
19/04/2016 12:53:49 | 1104 | Awesome Video Player | avplayer.exe | Out | 52037 | 104.27.136.35 | 80 | 6
If you allow it internet access, it will stay open.
Looks like it only needs access on the first run, subsequent runs with blocked access worked OK - probably some hard-coded version check that's not done very well.
Any more than 6 videos made it non responsive on my system using GPU rendering, (AMD HD6850 1GB) - CPU rendering didn't work at all using the same files, (even if only 1 file).