Problemas con ejecucion de mi aplicacion!!!!

Hola a todos! estoy creando mi aplicacion en win xp con vb.net 2003 y realice
una prueba en un equipo con win 98 en donde instale el Microsoft .NET
Framework SDK v1.1 pero me lanza solo el primer formulario en donde mi
solicita el nombre de usuario y la clave para ingresar, ingreso los datos
correctos, pulso aceptar y me lanza este error:

A que se debe?? Que puedo hacer????


An unhandled exception has occured in your application. If you click
Continue, the application will ignore this error and attempt to continue. If
you click quit will be shut down immediately.

Exception has been thrown by the target of an invocation.



See the end of this message for details on invoking
just-in-time (JIT) debugging instead of this dialog box.

************** Exception Text **************
System.Reflection.TargetInvocationException: Exception has been thrown by
the target of an invocation. > System.ComponentModel.Win32Exception: Esta
función sólo es válida en modo Win32
at System.Drawing.Icon.Initialize(Int32 width, Int32 height)
at System.Drawing.Icon..ctor(SerializationInfo info, StreamingContext
context)
End of inner exception stack trace
at System.Reflection.RuntimeConstructorInfo.SerializationInvoke(Object
target, SerializationInfo info, StreamingContext context)
at
System.Runtime.Serialization.ObjectManager.CompleteISerializableObject(Object
obj, SerializationInfo info, StreamingContext context)
at
System.Runtime.Serialization.ObjectManager.FixupSpecialObject(ObjectHolder
holder)
at System.Runtime.Serialization.ObjectManager.DoFixups()
at
System.Runtime.Serialization.Formatters.Binary.ObjectReader.Deserialize(HeaderHandler
handler, __BinaryParser serParser, Boolean fCheck, IMethodCallMessage
methodCallMessage)
at
System.Runtime.Serialization.Formatters.Binary.BinaryFormatter.Deserialize(Stream
serializationStream, HeaderHandler handler, Boolean fCheck,
IMethodCallMessage methodCallMessage)
at
System.Runtime.Serialization.Formatters.Binary.BinaryFormatter.Deserialize(Stream serializationStream)
at System.Resources.ResourceReader.LoadObject(Int32 pos)
at System.Resources.RuntimeResourceSet.GetObject(String key, Boolean
ignoreCase)
at System.Resources.ResourceManager.GetObject(String name, CultureInfo
culture)
at System.Resources.ResourceManager.GetObject(String name)
at Phoenix.frmIngresoControl.InitializeComponent()
at Phoenix.frmIngresoControl..ctor()
at Phoenix.frmAcceso.btnAceptar_Click(Object sender, EventArgs e)
at System.Windows.Forms.Control.OnClick(EventArgs e)
at System.Windows.Forms.Button.OnClick(EventArgs e)
at System.Windows.Forms.Button.OnMouseUp(MouseEventArgs mevent)
at System.Windows.Forms.Control.WmMouseUp(Message& m, MouseButtons
button, Int32 clicks)
at System.Windows.Forms.Control.WndProc(Message& m)
at System.Windows.Forms.ButtonBase.WndProc(Message& m)
at System.Windows.Forms.Button.WndProc(Message& m)
at System.Windows.Forms.ControlNativeWindow.OnMessage(Message& m)
at System.Windows.Forms.ControlNativeWindow.WndProc(Message& m)
at System.Windows.Forms.NativeWindow.Callback(IntPtr hWnd, Int32 msg,
IntPtr wparam, IntPtr lparam)


************** Loaded Assemblies **************
mscorlib
Assembly Version: 1.0.5000.0
Win32 Version: 1.1.4322.573
CodeBase:
file:///c:/windows/microsoft.net/framework/v1.1.4322/mscorlib.dll
-
Phoenix
Assembly Version: 1.0.2357.32731
Win32 Version: 1.0.2357.32731
CodeBase:
file:///C:/ARCHIVOS%20DE%20PROGRAMA/LUXORGOTHIC%20SOFTWARE/PHOENIX%20ELEMENTUM%20CLIENT%20EDITION/PHOENIX.EXE
-
System.Windows.Forms
Assembly Version: 1.0.5000.0
Win32 Version: 1.1.4322.573
CodeBase:
file:///c:/windows/assembly/gac/system.windows.forms/1.0.5000.0__b77a5c561934e089/system.windows.forms.dll
-
System
Assembly Version: 1.0.5000.0
Win32 Version: 1.1.4322.573
CodeBase:
file:///c:/windows/assembly/gac/system/1.0.5000.0__b77a5c561934e089/system.dll
-
System.Drawing
Assembly Version: 1.0.5000.0
Win32 Version: 1.1.4322.573
CodeBase:
file:///c:/windows/assembly/gac/system.drawing/1.0.5000.0__b03f5f7f11d50a3a/system.drawing.dll
-
Accessibility
Assembly Version: 1.0.5000.0
Win32 Version: 1.1.4322.573
CodeBase:
file:///c:/windows/assembly/gac/accessibility/1.0.5000.0__b03f5f7f11d50a3a/accessibility.dll
-
Microsoft.VisualBasic
Assembly Version: 7.0.5000.0
Win32 Version: 7.10.3052.4
CodeBase:
file:///c:/windows/assembly/gac/microsoft.visualbasic/7.0.5000.0__b03f5f7f11d50a3a/microsoft.visualbasic.dll
-
Validaciones
Assembly Version: 1.0.2357.32731
Win32 Version: 1.0.2357.32731
CodeBase:
file:///C:/ARCHIVOS%20DE%20PROGRAMA/LUXORGOTHIC%20SOFTWARE/PHOENIX%20ELEMENTUM%20CLIENT%20EDITION/Validaciones.DLL
-
System.Data
Assembly Version: 1.0.5000.0
Win32 Version: 1.1.4322.573
CodeBase:
file:///c:/windows/assembly/gac/system.data/1.0.5000.0__b77a5c561934e089/system.data.dll
-
System.Xml
Assembly Version: 1.0.5000.0
Win32 Version: 1.1.4322.573
CodeBase:
file:///c:/windows/assembly/gac/system.xml/1.0.5000.0__b77a5c561934e089/system.xml.dll
-
Encapsulado
Assembly Version: 1.0.2357.32730
Win32 Version: 1.0.2357.32730
CodeBase:
file:///C:/ARCHIVOS%20DE%20PROGRAMA/LUXORGOTHIC%20SOFTWARE/PHOENIX%20ELEMENTUM%20CLIENT%20EDITION/Encapsulado.DLL
-

************** JIT Debugging **************
To enable just in time (JIT) debugging, the config file for this
application or machine (machine.config) must have the
jitDebugging value set in the system.windows.forms section.
The application must also be compiled with debugging
enabled.

For example:

<configuration>
<system.windows.forms jitDebugging="true" />
</configuration>

When JIT debugging is enabled, any unhandled exception
will be sent to the JIT debugger registered on the machine
rather than being handled by this dialog.