Code:
  ' Apply Transparency
  SetWindowLongptr Me.hwnd, GWL_EXSTYLE, WS_EX_LAYERED Or WS_EX_APPWINDOW
  SetLayeredWindowAttributes Me.hwnd, MaskColour, Alpha, LWA_COLORKEY ' Or LWA_ALPHA
Code:
  ' Apply Transparency
  SetWindowLongptr Picture1.hwnd, GWL_EXSTYLE, WS_EX_LAYERED Or WS_EX_APPWINDOW
  SetLayeredWindowAttributes Picture1.hwnd, MaskColour, Alpha, LWA_COLORKEY ' Or LWA_ALPHA
Good Luck