I am getting an unresolved import error for a python module sitting at /usr/lib/python2.6/dist-packages/pyo.py

Both /usr/lib/python2.6 and /usr/lib/python2.6/dist-packages are set in the Libraries tab in preferences and I can ctrl-click the module to open it up.  So, I donīt know how to get this little red x to go away.

Thanks if you can help.