Hi neilwilkes, I wanted to thank you for your reply.
Yes, I have an ilok2, just purchased it last night so that's why I only have this license. The VCC is the only one that is currently using the ilok2 at this moment.
I have tried your suggestion to no avail, when I removed the ilok2 driver, restart the PC, and windows 7 still cannot detect the drivers for it.
Here one thing I discovered during my hours trying to get this to work.
When you install the ilok2 driver setup I notice that it simply exit right in the middle of the installation. Now im not 100% sure if it just exits or if that's how the install process was designed.
Here a video showing you what im talking about
: ilok error
Did your installation do the same thing?
Now when I install the "iLokClientHelperSetup" it installs like regular and on the second part of the install, it installs the driver for the ilok2 and then windows 7 can detect the ilok but I still get that error message that I've shown you in the OP.
What I read on the Slate Digital forums, they say that "iLokClientHelperSetup" contains the driver for the ilok1 and that the "proper" drivers for the ilok2 is the "Driver Setup"
At this point really don't know what to do.