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Need help figuring out errors with .NET in 10.1

Question asked by PatrickG25 on Dec 28, 2012
Latest reply on Dec 28, 2012 by PatrickG25
This morning, I opened up a .NET project I created in VB 2010 Express over a year ago.  I upgraded to a new machine and also from 10 to 10.1.  I noticed that the licensing procedure has changed, but I can't figure out a few things:

1) Why would ESRI.ArcGIS.esriSystem.dll not be in my DotNet folder?
2) Is my method for initializing the license the wrong way to do it?

I'm using this code to retrieve the coordinates of the corners of a set of rasters.  I tried searching for information on how to initialize a license for a couple hours now with no solid reason as to why my reference to ESRI.ArcGIS.esriSystem won't work.

Thanks in advance!