Cubase 6.0.6 will not load or find my saved presets

When I save presets I modified in Halion or Multiband Compressor, etc, they are saved on my harddrive (user/library/audio/presets/steinberg/ ) BUT do not show in the list of presets options when I try to reload them again. The file search only shows the programs original presets. Cubase appears to only be looking at the original presets and no user presets. Tried repairing permissions etc. I never had this trouble with Cubase 4.0. What gives?

Cubase 6.0.6
Mac mini 2GHz intel Core i7, 4 GB Ram, Lion 10.7.2