The RefDbg shell after setting up the refcount timer to watch a specific GType (IpatchSF2 - a SoundFont object in the libInstPatch library if you are curious).
The timer was set to a 1 second time out.
The warning is because the IpatchSF2 GType does not yet exist, but will be resolved later.
Program execution is then continued and we get some TIMER events letting us know that an item of type IpatchSF2 has changed its reference count and stablized for over 1 second.
We then display all 'New' events for type IpatchSF2 with a limit of 2 backtrace callers.