Attempting to use a vendor supplied *.ocx ActiveX Object with VS2012 & .Net 4.5 exception thrown acc

[EDN Admin]

The exception below is being thrown when using the Interop Dll created by VS2012.
The ActiveX object does work with a VB6 application installed on the same machine. Does this catastrophic failure point to anything missing?
ErrorCode=-2147418113
HResult=-2147418113
Message=Catastrophic failure (Exception from HRESULT: 0x8000FFFF (E_UNEXPECTED))
Source=Microsoft.VisualBasic
StackTrace:
at Microsoft.VisualBasic.CompilerServices.LateBinding.LateGet(Object o, Type objType, String name, Object[] args, String[] paramnames, Boolean[] CopyBack)
at Microsoft.VisualBasic.CompilerServices.NewLateBinding.LateGet(Object Instance, Type Type, String MemberName, Object[] Arguments, String[] ArgumentNames, Type[] TypeArguments, Boolean[] CopyBack)
at GSVirtualDevice.OPOSDeviceWrapper.Open()
at GSVirtualDevice.GSVirtualIngenico6XXXPhysicalLayer.Initialize(SynchronizationContext context, SendOrPostCallback handler)
at GSVirtualDevice.GSVirtualMultiDeviceInterface.DeviceWorkerThread()
InnerException:

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