VB.Net Crystal Report Error

[T.J.]

I have gotten great help here in the past, and after searching and
researching this error, I felt I would turn to the board and see if I could
come across any further assistance. Any advice will be greatly appreciated.

I have a VB.Net project that has a List Box Control that lists out all
Crystal Reports stored in the project's /bin folder (all .rpt files). Once
one of the report names are double clicked the Crystal Report Viewer
(CrystalDecisions.Window.Forms.CrystalReportViewer is supposed to open up
with the correct report).

This solution was originally developed on a co-workers machine and it worked
just fine for him on his local machine. He has since left and I took over
the project from him. I have saved the project on my C:/ and have gone
through both the build and rebuild process for the VB Project and the SetUp
Project.

I added the SetUp project out of advice I found on the internet. It is a
VB.Net 2003 solution with Crystal Reports 8.5. I added the following merge
modules to the Setup project (Crystal_Database_Access2003.msm,
Crystal_Database_Access2003_enu.msm, Crystal_Managed2003.msm,
Crystal_regwiz2003.msm, VC_User_CRT71_RTL_X86_---.msm,
VC_User_STL71_RTL_X86_---.msm). I then have triple checked to make sure and
enter the correct registration number into the Crystal_regwiz2003.msm License
Key property. (It is the 19 digit alpha/number found when I go to Help ->
About Microsoft Visual Basic .Net)

When I execute the program, and double click on the report name in the list
box I get this error:

"A Crystal Reports job failed because a free license could not be obtained
in the time allocated. More licenses can be purchased direct from Crystal
Decisions or through the Crystal Decisions Online Store".

I have searched this on the web, and the solutions are to make sure the
Regwiz License Key folder is correct (which mine is). Has anyone experienced
this before or have any ideas? All I can think of, is since it was not
originally developed on my machine it will not work for me, and I might have
to start over from scratch.

Any advice would be greatly appreciated.

Thank you,

T.J.