Cannot Create HTML files!

I've just installed Mhonarc 2.1.  I'm running Win NT, Perl 5.003_07, SLMail.

I followed the quick start from the documents and below is what I got from
the command line.

C:\MHONARC2.1\lib>mhonarc c:\slmail\mboxes
Requiring content filter libraries ...
        mhexternal.pl
        mhtxtenrich.pl
        mhtxthtml.pl
        mhtxtplain.pl
        mhtxtsetext.pl
Requiring charset filter libraries ...
        iso8859.pl
Converting messages to .
Reading c:\slmail\mboxes
No new messages

How come Mhonarc didn't create the maillist.html. threads.html. msg*.html
amd mhonarc.db files as specified in the documents?

Any help will be greatly appreciated.

Thanks.

Joanne