Android - Failed to allocate memory - Application Error Is a directory

Error
Failed to allocate memory: 8
This application has requested the Runtime to terminate it in an unusual way.

Solved: 
Memory Options: change 1024 --> 512

Application Error Is a directory (file:///#android_asset/www/index.html)

This means, in your index.html, you are using a resource that requires internet access. See your index.html and look for any CSS, javascript or Cordova file that is linked directly from the internet. If so, you must download the related file and make it local.