Would love to download it but I am waiting since weeks for my account to get approved

Sorry William,
looks like I'm a little dopy at times: I could have looked at Softlab24's demo site myself, and yes it's true: Ossn Premium comes with its own Latest Members widget - not implemented as a separate component, but as an integrated part of the White Theme. And that's why I see no way to simply switch it off.

Its uploaded

Can it be that nowadays you need a Google?!? account just to look at a screenshot? Probably not. So please upload your picture HERE and we'll see...

Hello Z-Man, I'll provide you a screen shot. Here is a link to the screenshot https://drive.google.com/file/d/1irtIVYn1vTfaOOsFa7zBATCZKi5eq11i/view?usp=sharing

William,
reporting an issue is of no help if you are not willing to provide the necessary details.
I have no knowledge about a premium Latest members component and I have no seventh sense to guess what you are talking about.
So please follow the steps as advised in https://www.opensource-socialnetwork.org/wiki/view/1101/how-to-report-a-bug-error

I'm sorry William,
but I have no knowledge/information about a premium Latest Members component.
Please make a screenshot.

I like your "Latest Members" better than the one that comes with Premium. However, the install doesn't remove the default "Latest Members" so I see two blocks of that.

Ohh I see, thanks for the link, this is the guide that I need.

Best regards! :)

No, I won't.
First of all I don't have the time writing 'guides' like that,
and next I think you're doing yourself no favor with changing any code you don't understand.
So, read the docs at https://kazzkiq.github.io/balloon.css/ (as I did) and I'm sure you'll get an idea.