thanks Everyone!!!
I found a way to organize all the pre-sets by creating separate folders labelled for each pre-set. Unfortunately I could not rename the pre-sets for better management, but the system I have is working great. I really Like mediabay for pre-sets… I just wish the while the browser for auditions audio files was quicker… I find I spent too much time waiting for track to load… I find is a lot fast to audition my samples and loops in Kontakt 5.