@Nudelar2 that is exactly what I mean, thanks alot for the great help and point it out.  The only issue is now it does not work properly with 1.8.3

I "downgraded" to 1.8.2... :)

I learned my lesson not to upgrade at least for a month due to new bugs and plugin incompatibility.

You have a 3rd party plugin installed that has not been updated for Elgg 1.8 yet. You should be able to find out which plugin is responsible by removing the widgets on your profile page until you found the one resulting in the error.

I also was very confused when I first saw this error message. Basically, the expected file name for the widget code php file changed from "view.php" to "content.php". Of course there are other things you might to upgrade for the plugin but by renaming the widget source code file the above message should vanish.

You should tell the developer of the plugin about it.

Honestly don't even know which widget it is, because I don't see anything but that error code. Now gotta go one by one to find out.

I thought max_execution_time "0" would make it unlimited.

Also is there a bulk email inviter for 1.8.2 version with a cron job?

zero @ individual php.ini = unlimited but.. what limits does yr server impose ? 
'cron' ?
which cron ?
elgg''s poor-man pseudo-cron or real linux crontab ?
elgg don't have real cron anything 'plugin'
gotta code yr cron/bash/php cli yrself.

If you are expecting your users to invite hundreds or thousands of people, you'll need to implement something that sends out the invites asynchronously.