I am using the Plugin and modified for my local video you can see it at http://urarc.com
you need to modify the general.php file as follow
Open general.php go to function get_the_post_video
in Function goto Switch
in the Switch find the code
$embed = wp_video_shortcode( $atts );
Replace it with
$embed =strip_tags(wp_video_shortcode( $atts ), '<video><source><div>');
