Hi J. Mattson,
Thank you for the response. I have attached the vmware.log files of my ESXi VMs. Both the source and the destination ESXi VM. How can I enable hardware assisted-virtualization, Is it an issue on my physical ESXi HOST? or Should I configure it on the ESXi VM instances I have? How can I verify it anyway? Is it the CPU/MMU Virtualization configuration on the VM?
By the way, I have already enabled Promiscuous Mode on my vSwitches as well on my infrastructure. Both on the physical ESXi HOST I have and the ESXi VMs under it.
Thank you J. Mattson. I really appreciate this a lot. I am developing a lab for some students that's why I need to perform Live vMotion successfully using these nested ESXi VM instances I had built. I had no issues with Storage vMotion. But my vMotion fails 
, I haven't tried HA and DRS though. But my ESXi VMs are clustered now.
I am using an AMD Processor on my physical ESXi (HP Proliant DL585 G2 Model Server). It is a Dual-Core AMD Opteron(tm) Processor 8218.
Regards,
Dann,
Manila, Phils.