Please clarify something for me: You say you made a P2V copy and then formatted the host. What did you do next? You made a Virtual to physical image from that .vmdk (using what program?) and you use now that as the new host? Or did you install a fresh copy of Win10 on the formatted disk? Also, what do you use as a guest, some previously made virtual machines, or that virtual machine that you made with P2V? (excuse me but I'm tired and this can get confusing...)
Can you start the VM if you remove the shared folder first ?