I wanted to make a hotspot from my unconnected Wi-Fi adapter to allow access to the internet over my  wired Ethernet adapter. Connectify Lite was did not allow me to select my wifi adapter, so gave up and just used the manual method I found described in a very good blog with great instructions here

http://www.nextofwindows.com/how-to-turn-your-windows-8-computer-into-a-wireless-hotspot-access-point/