After a little digging around as to why the VST won't run I found out:
1.) Net Framework 2.0 can not be downloaded to a WIN 7.
2.) The app - the VST - written in an older version of Visual Basic targeted the 2.0 Framework. It would need to be changed to target the 3.5 Framework to be compatible on XP, Vista, Win 7.
3.) The original author hasn't been around in years and her work is copyrighted.
4.) a "possible" work around would be to set up a VirtualBox with XP's OS and the 2.0 Framework plus PT & the VST.
In a nutshell - it was nice while it lasted.