BUG: Can't Change UserControl FontTransparent if Default = False

MORE INFORMATION

Steps to Reproduce Behavior

1. Create a Standard EXE project in Visual Basic. Form1 is created default.
2. Select Add Project from the File menu to add an ActiveX Control project to the project group.
3. Assign the Picture property of the UserControl to a large bitmap.
4. Set the FontTransparent property of the UserControl to False.
5. Add the following code to the UserControl's module:

         Private Sub UserControl_Click()
            FontTransparent = True
            Print FontTransparent
            FontTransparent = False
            Print FontTransparent
            FontTransparent = True
            Print FontTransparent
         End Sub
   						

6. Close the UserControl window, and place an instance of the UserControl on Form1.
7. Run the project, and click on the UserControl.
8. Note that the first value printed on the control does not exhibit FontTransparent behavior.
9. Open the UserControl1 project and change the FontTransparent property of the UserControl to True, and then repeat step 7. Note that the behavior is correct.