The problem is you need to have the design time licenses for the ActiveX
controls in your VB 5 project.
This KB article addresses the problem and offers a solution:
http://support.microsoft.com/default.aspx?scid=kb;en-us;318597 --
John Hart, Microsoft VB Team
This posting is provided "AS IS" with no warranties, and confers no rights.
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[quoted text, click to view] > Thread-Topic: Upgrading VB 5.0 Application to VB.NET
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> Subject: Upgrading VB 5.0 Application to VB.NET
> Date: Wed, 17 Nov 2004 11:31:04 -0800
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> From VB.NET, I try to open a project developed in VB 5.0. The Visual
Basic
> Upgrade Wixard fails on page 5 of 5 with the following message.
> "It is recommended you install VB6.0, with all reference components, and
> ensure the application compiles and runs before upgrading." If I had VB
6.0 I
> would do this, but I don't have VB6.0.
>
> What must I do?
>