NAME NOT FOUND

So I am getting an Access denied error:

Date & Time: 5/1/2014 4:35:00 PM Event Class: Registry

Operation: RegQueryValue

Result: SUCCESS Path: HKCU\Software\Microsoft\Windows\CurrentVersion\Applets\Regedit\LastKey TID: 7052

Duration: 0.0000030 Type: REG_SZ Length: 204

Data: Computer\HKEY_LOCAL_MACHINE\SOFTWARE\Classes\Wow6432Node\CLSID\{98385103-11A3-4AB9-A629-91B275085F43}

Date & Time: 5/1/2014 4:33:26 PM Event Class: Registry Operation: RegOpenKey

Result: NAME NOT FOUND

Path: HKCR\Wow6432Node\CLSID\{98385103-11A3-4AB9-A629-91B275085F43}\InprocHandler32

TID: 5184 Duration: 0.0000038

Desired Access: Query Value

So what is this telling me exactly?

I go to the reg key and it points me to the 2.8/bin/ directory and my dll is there. My app pool identy has access to execute.

Seems like I am missing something, but not sure what.

Any ideas?

Thanks.