So I've tested other capture software and I have no problems with MP4 playback what so ever. I have checked and seen that the codecs being used are the same as the codecs used for the MP4's that work fine. I don't have any clue why this happens with Avermeda Recentral captures at all. I can convert the video file to MP4 using Handbreak then the video works fine however I want this to work out of the box with no problems. I spent $249 on this piece of hardware and I just feel like I have wasted money and I don't like that feeling. Here is a video of the problem. I am using the hack so Recentral allows HDCP devices to record but I have seen nobody has had this problem but me.
https://www.youtube.com/watch?v=kHNT9HKScrY&feature=youtu.be
https://www.youtube.com/watch?v=kHNT9HKScrY&feature=youtu.be